According to official announcements, ZG.COM's inaugural financial management activity has successfully concluded. Key highlights include:
- OKB: 82.18% annualized yield
- HT: 31.98% annualized yield
- BNB: 59.57% annualized yield
Activity Overview
- Participation: Initially invitation-only for BNB, OKB, and HT holders.
- Duration: 90-day investment cycle.
- Future Plans: ZG.COM plans to expand invitations for the second phase.
Key Cryptocurrency Market Updates
1. Xapo Discontinues Credit Card Deposits
📅 June 12, 2020
Bitcoin wallet and custody service Xapo ceased credit card funding options as of June 11. Bank transfers now require minimum thresholds and are location-restricted.
👉 Explore secure crypto investment alternatives
2. 24-Hour Contract Market Liquidations Hit $346M
📅 June 12, 2020
- Total Liquidations: $346M across 22,193 traders.
Platform Breakdown:
- Huobi: $119M
- OKEx: $81M
- BitMEX: $76.57M
3. Bitcoin Options Open Interest Surpasses $1.57B
📅 June 12, 2020
Deribit and CME drove record-high open interest, reflecting growing institutional interest in BTC derivatives.
FAQs
Q1: How does ZG.COM's financial management work?
A: Users invest supported tokens (e.g., OKB, HT) in fixed-term plans for compounded yields.
Q2: Is Xapo still viable for retail users?
A: Yes, but funding is now limited to bank transfers with regional restrictions.
Q3: What caused the $346M liquidations?
A: Volatility in BTC and ETH markets triggered margin calls on leveraged positions.
Additional Highlights
- 58COIN completed its 11th quarterly contract settlement.
- ZB Exchange warned users against phishing scams impersonating their客服团队.
- BiKi listed ODIN, gaining 26.08% at launch.
👉 Discover more high-yield crypto opportunities
Note: All data reflects historical performance; investments carry risks.
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