[Binance Founder CZ Announces Purchase of ASTER] On November 2, Binance founder CZ stated that he has used personal funds to purchase some ASTER on the Binance platform and emphasized that he is not a trader, adopting a buy-and-hold strategy.
Binance Wallet launches Lorenzo Protocol trading competition in Binance Alpha, with a total prize pool of up to $500000 equivalent rewards. During the event, trading BANKs will give you the opportunity to share 5893000 BANK tokens (with the first 8300 users sharing 710 BANKs per person). Event Time: 20:00 on October 30th, 2025-20:00 on November 13th (East Eighth District) Participation method: 1. Click on the link to register for Binance: Register for Binance and enjoy a 10% commission+up to $600 newcomer gift package Registration link: https://jump.do/zh-Hans/xlink-proxy?id=3 2. Create or import Binance wallet (without private key); 3. You can automatically participate by trading Lorenzo Protocol (BANK) on Binance Wallet or Binance Alpha. Notes: 1. Selling transaction volume and cross chain transactions are not included in the calculation. 2. There is no trading volume limit, the more trades there are, the greater the opportunity. Seize the opportunity, BANK rewards are waiting for you to claim.
[Machi's Leveraged Long Positions Partially Liquidated, Assets Drop to $14.85 Million] On-chain data shows that Machi (@machibigbrother)'s 25x leveraged long position in ETH and 10x leveraged long position in HYPE were partially liquidated due to market corrections. As of now, the total value of his spot and contract assets has dropped to approximately $14.85 million. This liquidation event highlights the risks of high-leverage trading during market volatility.
[Hong Kong to Allow Virtual Asset Platforms to Share Global Order Books] The CEO of the Hong Kong Securities and Futures Commission stated that Hong Kong will allow locally licensed virtual asset trading platforms to share global order books with overseas affiliated companies to enhance liquidity.
[Hong Kong FinTech Week Opens, Central Bank Launches Three Measures to Promote Financial Digitalization] The main forum of Hong Kong 'FinTech Week × StartmeupHK Entrepreneurship Festival 2025' has officially commenced. Hong Kong Chief Executive John Lee Ka-chiu stated that Hong Kong will support mainland technology enterprises in fundraising, encourage overseas companies to pursue secondary listings, and welcome the return of Chinese concept stocks. The Hong Kong Monetary Authority plans to provide longer-term RMB financing support for enterprises through the currency swap mechanism with the People's Bank of China. Deputy Governor of the People's Bank of China, Lu Lei, announced three initiatives, including promoting the implementation of 'AI+Finance' policies, facilitating the compliant cross-border flow of financial data elements, and strengthening regulatory collaboration with Hong Kong and Macau while conducting cross-border innovation testing. Additionally, the central bank will expand onshore CIPS operations, launch 'Northbound Connect/Southbound Connect' settlement and Hong Kong dollar clearing services to optimize the efficiency of cross-border bond transaction settlements between the two regions.
[OKX Will Adjust VIP Levels and Fee Rates on November 25, 2025] OKX has announced that it will introduce a new VIP system and adjust VIP levels and fee rates on November 25, 2025. The main changes include: 1. VIP levels will be expanded to 9 tiers, with the 30-day trading volume threshold lowered from $5 million to $1 million. Users who meet the new level qualifications will be automatically upgraded. 2. Spot trading pairs will be divided into three groups, and contract trading pairs will be divided into two groups. Maker and taker fee rates will be adjusted accordingly. 3. The grouping of trading pairs and fee rates in the spot and contract markets will be evaluated every three months. Users are advised to optimize their trading strategies based on the updated rules. For more details, please refer to the fee rate page on the OKX official website.