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EigenCloud partners with LayerZero to launch the cross-chain validation network EigenZero

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On November 13th, the Ethereum Layer 2 Staking Platform EigenCloud partners with the cross-chain interoperability protocol LayerZero to launch EigenZero. EigenZero is a decentralized validation network based on the CryptoEconomic DVN Framework. It is supported by EigenCloud's infrastructure and backed by approximately $5 million worth of ZRO token staking assets. This introduces economic punishment constraints for cross-chain message validation. It adopts the Optimism verification model and sets an 11-day challenge period with the assumption that messages are correct by default. Once erroneous messages or malicious behavior is detected upon final confirmation, the corresponding staked assets will be slashed, providing security guarantees for cross-chain applications.
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Yesterday, the US Spot Bitcoin ETF saw a net outflow of $278.1 million

On November 13th, according to farside monitoring, the net outflow of the US spot Bitcoin ETF yesterday was $278.1 million, bringing an end to a two-day net inflow situation. This includes: · The net outflow of FBTC was $132.9 million; · The net outflow of ARKB was $85.2 million; · The net outflow of IBIT was $36.9 million; · The net outflow of GBTC was $23.1 million.

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Singapore will pilot tokenized bills and introduce stablecoin-related legislation

November 13th: The top official of the Monetary Authority of Singapore (MAS) stated on Thursday that the Singaporean central bank intends to establish a scalable and secure tokenized financial ecosystem. In order to achieve this goal, it will conduct a pilot issuance of MAS tokenized notes next year and introduce relevant laws to regulate stablecoins. Singapore's Monetary Authority Director Chia Der Jiun pointed out at the Singapore Fintech Festival: "Tokenization has begun, but has asset-backed tokenization reached 'escape velocity'? Not yet." He stated that MAS has been fine-tuning the details of the stablecoin regulatory framework and will subsequently draft relevant legislative proposals, with the core focus being on "robust reserve asset backing and reliable redemption mechanisms." Chia Der Jiun also added that MAS is simultaneously supporting various pilot projects under the "Blue Initiative," which aims to explore the use of tokenized bank liabilities and regulated stablecoins

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Sui Ecosystem's Perp DEX Astros Soft Launch Surpasses $100M in Trading Volume One Week After Launch, Introduces Ores Incentive Program

On November 13th, the Perp DEX Astros of the Sui Ecosystem officially entered the second phase of the soft launch at the end of October. In just over a week since its launch, the total trading volume has exceeded $100 million, showing strong growth momentum. The co-founder of the Sui Foundation personally tweeted about experiencing this Perp DEX, which further attracted community attention. At the same time, Astros officially launched the Astros Ores Daily Lucky Draw event yesterday to encourage active participation from ecosystem users. Users can randomly receive Ores airdrops based on their trading volume, unlocking more benefits on the platform. Astros Ores are a crucial credential in the Astros ecosystem and will serve as the core pass for ecosystem benefits and future airdrops, with a limited total supply.

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Ethereum Withdrawal Syndrome Continues, with a CEX Net Outflow of 119,700 ETH in the Last 24 Hours

On November 13th, based on Coinglass data, within the past 24 hours, the cumulative net outflow of ETH on CEX was 119,700. The top three CEX with outflows are as follows: · Binance, with an outflow of 93,700 ETH; · Coinbase Pro, with an outflow of 22,900 ETH; · Kraken, with an outflow of 3,086.92 ETH. In addition, Bitfinex witnessed an inflow of 2,645.45 ETH and ranked first on the inflow list.

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NineYang Inc.: The company does not have any Hachimi-related products.

On November 13th, Nine Suns Corporation stated on the interactive platform today that the company does not possess any products related to Hachimi. Previously, the continuous growth in the popularity of the topic "Hachimi North-South Green Beans" on Chinese social media had an influence. Social media reported that Nine Suns Soy Milk had launched the "Hachimi North-South Green Beans" beverage, resulting in its stock price rising by 10.05% during the trading day, with a market value reaching 8.439 billion yuan. The Chinese meme coin "Hachimi" also increased by more than 70% in the past 24 hours. However, the current increase has dropped to 40%.

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ETH Experiences Short-Term Long and Short Double Whammy, with Over $16 Million in Liquidations Across the Network in 1 Hour

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