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Sui Ecosystem's First Smart Wallet and Financial Protocol Beep Enters Public Beta

3 hours ago

On November 7th, as per official information, Beep, the first smart wallet and financial protocol within the Sui ecosystem, has commenced public testing. Beep offers the first native smart and stablecoin payment platform where AI smart agents can create, authorize, and settle payments globally at lightning-fast millisecond speeds without any cost. Developers will promptly gain access to six major top-tier basic AI models, such as Gemini, GPT-5, Claude, Grok, Qwen, and DeepSeek. This grants them access to features like smart payments, a smart Treasury (a first in the Sui ecosystem), and the a402 protocol. Users can experience Beep's conversational user interface, have the ability to execute transactions using different models simultaneously, optimize Treasury yields, or carry out cross-border payments, all of which are settled instantly in USDC with zero fees. As the first smart wallet on Sui, Beep closely integrates the world's most powerful basic models with the world's fastest and most composable blockchain. As the exclusive blockchain partner, Sui's architecture is better able to assist in achieving near-instant payments across relayers, artificial intelligence, and APIs while ensuring security and cost-effectiveness.

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Total ZEC Contract Liquidation in 24 Hours reached $18.8M across the network, trailing behind only BTC, ETH, and ADA.

On November 7th, based on Coinglass data, the total value of liquidated contracts of ZEC on the entire network reached $18.8 million within a 24-hour period. The long liquidations were $2.15 million and the short liquidations were $16.65 million. The liquidation amount was only lower than that of BTC, ETH, and ADA.

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Binance Alpha will list Aria Protocol (ARIAIP) with a first-stage airdrop threshold of 226 points.

On November 7th, according to official information, Binance Alpha will be the first platform to list Aria Protocol (ARIAIP). The Alpha trading will commence on November 7, 2025, at 15:00 (UTC+8). Users who hold at least 226 Binance Alpha Points can claim the token airdrop. They can claim 200 ARIAIP tokens on the Alpha event page. If the event is not yet over, the points threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

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Hyperliquid's largest ZEC short position continues to increase its exposure, now facing an unrealized loss of $14.5 million

On November 7th, according to the monitoring of HyperInsight, ZEC rose by 15% again today and is currently priced at $586. The largest short position on ZEC on Hyperliquid (0xd47) is now facing an unrealized loss of $14.5 million (about 250%), and the loss has expanded by another $3 million compared to yesterday. The address holds a position of approximately $29.26 million with an average price of $294. This address initiated a ZEC short position on October 11th and has been gradually averaging up during the price increase, and there is no closure so far. Its current main positions are: ZEC 5x short $29.26 million; ETH 15x short, with an unrealized gain of $5.95 million (about 353%).

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Yesterday's US Ethereum Spot ETF saw a net inflow of $12.5 million

On November 7th, based on Farside monitoring data, yesterday the US Ethereum spot ETF witnessed a net inflow of $12.5 million, bringing an end to a 6-day consecutive period of outflows.

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Elixir: deUSD Official 1:1 USDC Redemption Channel Now Open

On November 7th, as per official information, Elixir declared that the team has accomplished the redemption for roughly 80% of all deUSD holders (excluding the Stream portion). Presently, Stream holds approximately 90% of the deUSD supply (around $75 million), and Elixir's remaining collateral assets mainly comprise Morpho loans issued to Stream. All the remaining deUSD and sdeUSD holders (including AMM and lending platform LPs) are able to redeem USDC at a 1:1 ratio. Elixir has taken a snapshot for this purpose and has launched an official redemption page. In the meantime, the minting and redemption functions of deUSD have been deactivated. The official reminder indicates that deUSD no longer holds value, thus please refrain from purchasing or investing in it. Users are cautioned to only submit redemption applications through official links and be wary of scam websites.

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Yesterday's US Bitcoin Spot ETF saw a net inflow of $2.399 billion

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