OKX will list Horizen (ZEN) spot trading
On November 17th, according to official information, OKX will list Horizen (ZEN) spot trading, and the following are the specific arrangements:
· ZEN Deposit Opens: November 17, 2025, at 9:00 PM (UTC+8).
· ZEN Advance Order Placement Time: November 18, 2025, from 1:00 PM to 2:00 PM (UTC+8).
· ZEN/USDT Spot Trading Opens: November 18, 2025, at 2:00 PM (UTC+8).
· ZEN Withdrawal Opens: November 18, 2025, at 4:00 PM (UTC+8).
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Sharps Technology Q3 Financial Report: Revenue of approximately $17.7 million, with a holding of over 2 million SOL.
On November 17th, the U.S. medical device sales distribution platform Sharps Technology (STSS) announced its financial report for the third quarter of 2025, demonstrating strong implementation of its Solana-based financial strategy. The company raised a total of $411 million through PIPE financing. Among them, $267 million was in cash and stablecoins, and $144 million was in SOL tokens.
As of October 31st, STSS's financial treasury held more than 2 million SOL tokens. In the third quarter, the company earned approximately $17.7 million in income through staking rewards and digital asset fair value gains. As of September 30th, the liquidity of cash and stablecoins was approximately $25.2 million.
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Lily Liu: "Permissioned Blockchain" is Strangling the Crypto Soul, We Should Reclaim the Native Spirit of Cryptography"
On November 17th, Lily Liu, the Chairperson of the Solana Foundation, made a post on social media, calling for a return of the "crypto world to the cypherpunk spirit."
Lily Liu stated, "We are in the 'enterprise chain' era. In this era, those with large balance sheets and ready-made distribution channels can wrap a single sequencer with fancy marketing. At the same time, they rigidly narrate that 'decentralization is actually irrelevant' and claim that this centralization effort 'is helping Layer1 development.' However, everyone knows that this is just a logically contradictory propaganda."
At the same time, truly crypto-native application chain infrastructure is being suppressed by corporate giants. Even in times of revenue distress, these projects start to self-hypnotize and believe that the only way out is to transform themselves into an 'enterprise chain.' This is by no means the vision I had when I first read the 'peer-to-peer electronic cash system' whitepaper, and I am sure th
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CMC20 Index Token Launches on BNB Chain
On November 17th, CoinMarketCap has entered into a partnership with Reserve on the BNB Chain to launch CMC20, which is the first tradable index token native to DeFi. It tracks the top 20 crypto assets by market capitalization and provides investors with a one-stop diversified investment portfolio.
CMC20 is deployed on the BNB Chain by Lista DAO and supports 24/7 minting and redemption. It can be used on decentralized exchanges like PancakeSwap and mainstream wallets. This not only brings a simplified investment experience to retail and institutional investors but also showcases the strength of the BNB Chain as an innovative financial infrastructure in a highly active public chain.
The BNB Chain ecosystem is evolving rapidly. With CMC20, investors can transparently manage multi-asset portfolios on-chain while enjoying low-cost transactions and high accessibility.
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Hong Kong's Securities and Futures Commission Urges Licensed Institutions to Detect and Prevent Potential Layering Transactions for Anti-Money Laundering
On November 17th, according to the Securities and Futures Commission (SFC), a letter was issued today to licensed corporations and virtual asset trading platforms. The SFC is urging them to remain vigilant against suspicious fund transfers that indicate layering trading activities in order to prevent money laundering.
In the letter, the SFC pointed out that there is a growing trend of illegal actors using licensed institutions to conduct layering trading activities. Some are trying to launder the proceeds from fraud and scam cases by disguising the source and destination of illegal funds. Common warning signs of layering trading activities involve a series of suspicious behaviors, such as frequent, rapid, and organized deposits into customer accounts followed by immediate withdrawals in the form of funds or virtual assets.
At the same time, the SFC reiterated in the letter its strict standards for licensed institutions in detecting and preventing layering trading activities.
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Brevis has released the ProverNet Whitepaper, outlining a decentralized zero-knowledge proof generation marketplace mechanism.
On November 17th, according to official channels, Brevis has unveiled the ProverNet Whitepaper, presenting a decentralized market mechanism for zero-knowledge proof generation. It employs a truthful online double auction to effectively match various computing tasks with specialized proof hardware.
Based on the collaborative experiences in projects like PancakeSwap, Uniswap, Euler, Linea, and MetaMask, ProverNet specifically targets the core pain points of existing proof infrastructures. ProverNet will operate on the dedicated rollup Brevis Chain, with the official launch scheduled by the end of 2025. Brevis claims that this mechanism will steer zero-knowledge proof services from a centralized single-provider model to a competitive market, enabling specialized proof nodes to be deeply optimized for specific tasks. Application users will no longer be constrained to a single provider when obtaining verification computing services.
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