SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

On November 25th, according to the information on the SEC website, Vaneck submitted an updated S-1 filing for its BNB spot ETF on November 21st. The trading code of the ETF is set as VBNB. It is important to note that submitting an updated S-1 filing (usually marked as S-1/A, that is, S-1 Amendment) is a very significant positive signal in the ETF approval process. The issuer will only submit an S-1/A to respond to and make amendments after receiving the SEC's formal comment letter.

November 25th. As per the Science and Technology Innovation Board Daily, during the 2025 Global Digital Commerce Conference, the Shanghai-New York Cooperation presented the achievements of the mutual recognition of digital identity and electronic authentication documents. It launched the Mineral Data Internationalization Standard Innovation Consortium, unveiled the Shanghai Blockchain Innovation Fund, and initiated the blockchain letter of credit application scenario. Meanwhile, Shanghai Data Group and the National Data Development Research Institute jointly compiled and released the "White Paper on the Construction and Operation of Industry Trusted Data Space Based on Unified Data Infrastructure."

On November 25th, as per an official announcement, Binance Alpha will commence trading for Irys (IRYS) on November 25, 2025, at 11:00 (UTC). Users who possess at least 241 Alpha Points will be eligible to receive an airdrop of 1200 IRYS tokens on a first-come, first-served basis. In the event that the reward pool is not completely distributed, the points threshold will automatically decrease by 5 points every 5 minutes.

On November 25th, James Wynn once more made a bearish forecast on the X platform, indicating that Bitcoin might decline to $67,000 this week. It is important to note that on November 10th, James Wynn sent a message to the community, expressing his view that Bitcoin would fall back to the range of $67,000 to $92,000, with the Bitcoin price at that time being $105,600.

November 25th: In the recent event where the violent fluctuations of Bitcoin led to the liquidation of nearly 120,000 people, KiloEx noticed a counterintuitive phenomenon. Over 70% of the liquidations originated from long positions, and most were not due to the end of a trend but were liquidated because of a short-term "price spike." This exposed the core contradiction of high-leverage trading: the true source of risk is often not a wrong directional bet but a risk management model that does not leave sufficient buffer space for market noise. In this context, the decentralized derivatives trading platform KiloEx officially launched its core risk management mechanism, the "Unified 90% Liquidation Line." This mechanism broke industry conventions by not adjusting the liquidation point earlier as leverage increased. Instead, it provided a fixed 90% loss threshold for all positions. In comparison, under 100x leverage, KiloEx users had a -90% liquidation buffer, which was significantly high