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Binance has officially become a Sei Network validator, providing enterprise-grade security for the network

3 hours ago

On November 6th, according to official information, the world's largest cryptocurrency exchange, Binance, has officially become a Validator Node of the Sei Network. Sei is a high-performance Layer 1 blockchain designed for institutional-grade financial applications and is currently the fastest EVM-compatible chain. Binance's participation indicates the global leading institutions' confidence in Sei as the preferred settlement layer for institutional assets. Binance manages assets worth $180 billion for more than 200 million users, and its mature operational security system will provide enterprise-level security for the Sei consensus layer, supporting the network's development towards institutional-scale applications. In terms of technical performance, Sei has currently achieved a block confirmation speed of 400 milliseconds, supporting real-time application scenarios. The upcoming Giga upgrade will further enhance performance, aiming to achieve a throughput of 5,000 mega gas per second and approximately 200,000 transaction processing capabilities per second, which is a 50x improvement over existing EVM chains. In terms of ecosystem development, the Sei Network currently has more than 70 million wallet addresses, processes an average of 4.5 million transactions per day, and has a Total Value Locked (TVL) of more than $680 million (as of July 2025 data). The network has attracted tokenized funds from institutions such as BlackRock, Brevan Howard, Hamilton Lane, Apollo, and has partnered with major infrastructure partners such as Circle, MetaMask, Etherscan, Ondo, and Securitize.
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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.

4 minutes ago

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.

4 minutes ago

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%).

4 minutes ago

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.

4 minutes ago

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.

4 minutes ago

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

On November 7th, based on Farside's monitoring data, the net inflow of the US Bitcoin spot ETF yesterday was $239.9 million, bringing an end to the consecutive 6-day net outflow state.

4 minutes ago