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MGBX Launches "Trading Combo Challenge" Event, Total Prize Pool of 9,000 USDT

2 hours ago

November 12th. According to official channels, the MGBX platform is scheduled to hold a "Trading Combo Challenge" time-limited event from November 13th to November 19th, 2025 (SGT), and it is open to all users. During this event, users engaged in contract trading can participate in a total prize pool of 9,000 USDT. There is a 5,000 USDT continuous trading reward calculated on a daily check-in basis. And there is a 4,000 USDT trading pioneer reward distributed according to the ranking of cumulative trading volume.
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"Pal" ETH and UNI Longs Liquidated Multiple Times, Total Account Losses Increase to $14.21M

On November 13th, according to the monitoring of HyperInsight, during the recent downturn, the long positions of "Buddy" Huang Lizheng in ETH and UNI were liquidated multiple times. He lost $446,000 today, increasing the total account loss to $14.21 million. The current positions are as follows: A 25x long ETH position worth $2.2 million, with an entry price of $3,482.52 and a liquidation price of $3,361; A 10x long UNI position worth $230,000, with an entry price of $9.57 and a liquidation price of $7.3.

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The probability of a government shutdown ending in the United States within the next 15 days has surged to 98%.

On November 13th, based on Polymarket data, the likelihood of "the end of the US government shutdown from November 12th to 15th" on the platform has risen to 98%, while the probability of it ending after November 16th is 2%. The US House of Representatives is scheduled to vote on the bill to end the government shutdown at around 8 a.m. the following day (Beijing time).

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Ethereum Dips Below $3400, 24-hour Change -2.3%

On November 13th, based on HTX market data, Ethereum fell below $3400, experiencing a 24-hour loss of 2.3%.

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U.S. Treasury Secretary: Stablecoin Market to Reach $30 Trillion by 2030

On November 13th, US Treasury Secretary Yellen stated that by 2030, the scale of stablecoins may grow from $300 billion to $3 trillion, representing a tenfold increase.

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White House: Democratic Party Selectively Releases Epstein Emails to Smear Trump

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In the past 4 hours, the total liquidation across the network surged to $213 million, with long liquidations amounting to $195 million.

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