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HKEX Halts Trading as Cryptocurrency-Related Stock Primas Falls 70%

3 hours ago

November 17th. As per Caixin, on November 17, 2025, the Cryptocurrency concept stock Diginex (00399.HK) announced prior to the market opening that it had been ordered by the Hong Kong Stock Exchange to suspend trading on November 26th. The reason given was that the Stock Exchange questioned the company's failure to meet the continued listing qualifications. On November 17th, the stock plummeted by 73% and closed at HK$0.064 per share, representing a 91% decline from its peak at the end of July. The Hong Kong Stock Exchange pointed out that, in accordance with Rule 13.24 of the Listing Rules, Diginex failed to maintain a sufficient level of operations and did not possess sufficient asset value to support its operations, thus allowing its shares to continue to be listed. Consequently, it was required to suspend trading from November 26th. Diginex responded in the announcement by stating that it has decided to apply for a review to the Stock Exchange Listing Committee.
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The well-known crypto data platform DappRadar has announced its closure due to financial difficulties, with the future plan for the RADAR token still pending.

November 17th. The renowned crypto data website DappRadar made a post on social media, stating "Seven years have passed, and it's time to bid farewell." It announced the closure of the platform: "We have reached a difficult decision to shut down the DappRadar platform. In the current context, operating a project of this magnitude has become increasingly difficult from a financial sustainability standpoint. After exploring all possible avenues, we had to make this tough decision. When we launched in 2018, the field was still in its nascent stage. There were few early decentralized applications, and explorers were scarce. Many questions about the future of decentralized applications remained unanswered. Inspired by Cryptokitties, we established DappRadar with the hope of assisting people in exploring and understanding this new world. We have experienced the ups and downs of the market cycle together. We are proud to have helped millions of users discover decentralized applications, co

3 minutes ago

Federal Reserve Vice Chair: Will Not Interfere with Cryptocurrency Adoption, Such Innovation Will Not Affect the Fed's Monetary Policy Ability

On November 17th, Federal Reserve Vice Chair Jefferson expressed that financial innovation has always been a distinctive feature of the U.S. financial system, and the emergence of digital assets is part of it. The Fed's regulation neither gives impetus to nor deters the use of cryptocurrency. This is because it is in the domain of the private sector. The Fed's role is to ensure that while the public embraces new technology, the banking sector remains stable and secure. As long as the Fed's policies are in line with the needs of businesses and households, there is no reason to think that cryptocurrency and other innovations will impact the Fed's monetary policy capabilities. (First Squawk)

3 minutes ago

Bitcoin Falls Below $94,000, Erasing Earlier Gains After US Stock Market Open

On November 17th, based on HTX market data, Bitcoin dropped below $94,000 and wiped out all its previous gains after the U.S. stock market opened. It is now trading at $93,865. Previously, Bitcoin surged by 2% within 5 minutes after the U.S. stock market opened and briefly exceeded $96,000.

3 minutes ago

Last week, perps volume on #Tron exceeded $2.59B, a week-on-week increase of 166.69%.

Last week, perps volume on #Tron exceeded $2.59B, a week-on-week increase of 166.69%.

3 minutes ago

CBOE to Launch Bitcoin and Ethereum Futures Contracts on December 15

On November 17th, as per Bloomberg, the Chicago Board Options Exchange (CBOE) is scheduled to initiate Bitcoin and Ethereum Continuous Futures contracts on December 15th.

3 minutes ago

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.

3 minutes ago

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