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Brevis has released the ProverNet Whitepaper, outlining a decentralized zero-knowledge proof generation marketplace mechanism.

3 hours ago

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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VanEck's SOL Spot ETF, VSOL, Officially Launched

On November 17th, as per official channels, VanEck's Solana Spot ETF (with the ticker: VSOL) has been listed and begun trading.

6 minutes ago

In the past 1 hour, the entire network saw $239 million in liquidations, with a single BTC short position liquidated for $96.51 million on Hyperliquid.

On November 17th, according to Coinglass data, within the past 1 hour, a total of $239 million was liquidated across the entire network. The long liquidations amounted to $28.57 million, and the short liquidations reached $209 million. It is worth noting that on the Hyperliquid platform, the total liquidations were $186 million, with short liquidations accounting for $180 million. Monitoring data shows that at 22:36 today, a certain BTC short position on the platform was liquidated at $95,694, and the liquidation amount was $96.5116 million. (Currently, the amount of liquidation on the Hyperliquid platform is significantly higher than that on major CEXs, and it is unclear whether there are any data reporting errors.)

6 minutes ago

After the U.S. stock market open, BTC quickly surged 2%, briefly surpassing $96,000.

On November 17th, according to HTX market data, after the US stock market opened, BTC witnessed a rapid increase of 2% and briefly exceeded $96,000. It is currently trading at $95,406.

6 minutes ago

US Stock Market Open Cryptocurrency Stocks Mixed, COIN Down 4.81%, ALTS Up 4.23%

On November 17th, when the U.S. stock market opened, the three major stock indexes fell in unison. The Dow dropped by 96 points. The S&P 500 index fell by 0.37%, and the Nasdaq fell by 0.5%. Cryptocurrency stocks showed mixed trends, including: - Coinbase (COIN) decreased by 4.81%. - Circle (CRCL) declined by 0.98%. - MicroStrategy (MSTR) rose by 0.29%. - Bullish (BLSH) fell by 2.55%. - Bitmine (BMNR) decreased by 1.08%. - SharpLink Gaming (SBET) fell by 0.92%. - BTCS (BTCS) fell by 2.69%. - BNB Network Company (BNC) fell by 2.4%. - ALT5 Sigma (ALTS) rose by 4.23%. - American Bitcoin (ABTC) rose by 5.14%.

6 minutes ago

Federal Reserve Vice Chair: Inflation Upside Risks May Have Eased, Fed Beige Book to Be Released Next Week

On November 17th, Federal Reserve Vice Chair Jefferson delivered a speech on the economic outlook and monetary policy. He pointed out that the labor market is gradually showing a cooling of supply and demand. As monetary policy approaches the neutral interest rate, a cautious approach is necessary. The upside risk of inflation may have decreased, and the impact of tariffs may be temporary. The Fed's Beige Book to be released next week will serve as a reference for economic viewpoints. (FXStreet)

6 minutes ago

Monad (MON) Token Public Sale Officially Launches on Coinbase

On November 17th, as per official channels, the public sale of the Monad (MON) token on the Coinbase platform officially commenced at 22:00 Beijing time. The public sale is set at a price of 0.025 USDC per token, providing 7.5% of the total supply of MON tokens, and having a Fully Diluted Valuation (FDV) of 25 billion US dollars. The sale is scheduled to conclude on Sunday, November 23rd, at 10:00.

6 minutes ago