November 12, 2025- Gate launches C2C limited time welfare activity, with a total prize pool of 180000 USDT! New users can receive a 30 USDT free order for their first transaction, and the champion of the leaderboard can also win a physical prize of 5000 USDT+5g gold bars! Novice exclusive: Get 30 USDT on the first transaction (limited to the top 1000) Step by step cashback: Completing 3 transactions can earn a total of 100 USDT ● Top Prize: Trading volume ≥ 1000 USDT will divide the 20000 USDT prize pool Top rewards: The first place will receive 5000 USDT+5g gold bars, and the top 20 will enjoy VIP privileges [Participation Method] 1. Visit the activity page to complete the registration 2. Conduct C2C trading to automatically qualify for rewards Registration link: https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=5 Participate immediately: https://www.gate.com/zh/campaigns/3241?ref=AICOINCN Event Time: November 12, 2025 16:00-November 19 16:00 (UTC+8) The prize pool is limited, first come, first served. Join now and Gate will open the door to gold wealth for you!

[Hyperliquid's 'Former Largest ZEC Bull' Gains $2.07 Million in 24 Hours] On November 15, Coinbob's popular address monitoring revealed that the 'Former Largest ZEC Bull' on Hyperliquid has repeatedly increased their ZEC long positions from yesterday to this morning. The current holding is 24,000 ZEC, with a position value of $15.65 million, a cost price of $565.8987, and a liquidation price of $539.47. The 24-hour floating profit stands at $2.07 million (+122.16%). This whale initially opened a ZEC long position on November 3 when ZEC was around $380, using $2.21 million in principal and continuously rolling the position. The principal once increased to $10.5 million, making them the largest ZEC bull on Hyperliquid. However, due to a drop in ZEC's price, their account funds fell from over $10 million in floating profit to just $1.42 million in principal. Currently, this whale ranks as the second-largest ZEC long position holder.

[Hong Kong SFC Adds 'HKTWeb3' to Alert List] The Hong Kong Securities and Futures Commission (SFC) has added the virtual asset trading platform 'HKTWeb3' to the alert list of suspicious virtual asset trading platforms, stating that the platform is not licensed by the SFC. Its website claims to collaborate with a licensed platform under the SFC, but the licensed platform has confirmed that it has no connection with 'HKTWeb3'.

On chain data shows that a certain whale organization made a profit of 96.67 million US dollars through band operations. On November 10th, the institution sold 10000 ETH at a price of $3597, earning a profit of $2.93 million; Subsequently, within the last day, 19945 ETH were repurchased at an average price of $3200 through Coinbase, Wintermute, and FalconX, with a total value of approximately $63.82 million. (Ashes)

[Tether Provides Approximately $1.5 Billion in Credit Support to Commodity Traders] Tether CEO Paolo Ardoino stated that Tether has provided approximately $1.5 billion in credit support to commodity traders, with financing offered in the form of cash and its USDt (USDT) stablecoin, which is pegged 1:1 to the US dollar. This lending business is part of Tether's recently launched Trade Finance unit, which primarily focuses on traditional commodity trading sectors such as agriculture and oil, providing traders with the necessary funding for procurement, transportation, and delivery of goods. Ardoino revealed that Tether plans to significantly expand its exposure in this sector.