[ZKsync Community Launches Token Staking Reward Program with a Cap of 37.5 Million ZK] The ZKsync community governance platform has approved [TPP-12] ZKnomics Token Staking Proposal, submitted by Dennison (Tally). The proposal aims to pilot a 6-month ZK token staking reward program with a total reward cap of 37.5 million ZK (approximately $1.9 million). Participants in the staking program can earn an annualized return of up to 10%. The program will be implemented in two seasons through Tally's smart contracts, with 10 million ZK and 25 million ZK allocated as rewards for the first and second seasons, respectively. During the staking period, users can delegate voting rights without locking their tokens. The first season of staking is expected to launch in December 2025, with progress supervised and executed under the ZKsync governance mechanism.
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More >Hut 8三季度比特币储备达13,696枚，市值16亿美元
[Hut 8's Bitcoin Reserve Reaches 13,696 BTC in Q3, Valued at $1.6 Billion] Nasdaq-listed Bitcoin mining company Hut 8 released its Q3 financial report, revealing that as of September 30, 2025, the company's strategic Bitcoin reserve had increased to 13,696 BTC, with a market value of $1.6 billion. Additionally, Hut 8 generated $5.1 million in revenue through custodial services, bringing total revenue to $83.5 million.
DeFiance Capital创始人称当前市场环境与2018年底相似
[DeFiance Capital Founder Says Current Market Environment Resembles Late 2018] On November 4, DeFiance Capital founder Arthur_0x stated that he entered the cryptocurrency space in 2017. He noted that the current market environment is similar to late 2018 to early 2019, which was one of the most challenging periods for participants in the cryptocurrency market. He emphasized that survival is the most important priority at this stage.
贝莱德向Coinbase转入约2.93亿美元加密资产
[BlackRock Transfers Approximately $293 Million in Crypto Assets to Coinbase] BlackRock recently transferred approximately $213 million worth of BTC and $79.83 million worth of ETH to Coinbase, with the total value of the two assets amounting to approximately $293 million. This transfer was a centralized deposit, possibly intended for subsequent asset management or liquidity allocation.
Stream Finance 损失或引发超2.85亿美元风险敞口
**[Stream Finance Loss May Trigger Over $285 Million Risk Exposure]** Independent DeFi analyst YieldsAndMore pointed out that Stream Finance's $93 million loss could lead to over $285 million in risk exposure, affecting lending markets, stablecoins, and liquidity pool networks. Stream's debt spans across seven networks, including counterparties such as Elixir, MEV Capital, Varlamore, TelosC, and Re7 Labs. Its related tokens xUSD, xBTC, and xETH have been repeatedly collateralized across multiple protocols, further amplifying potential risks. Estimates show that TelosC, Elixir, and MEV Capital are respectively associated with approximately $123.6 million, $68 million, and $25.4 million in debt. Elixir's deUSD stablecoin risk is particularly prominent, as it lent $68 million USDC to Stream, accounting for 65% of deUSD's total reserves. The Stream team has suspended repayments, and legal reviews are still ongoing. Analysts predict that as positions are liquidated and contract audits progress, more affected liquidity pools may emerge.
XRP: Analysts expect ETF early capital inflows to exceed $1 billion
Analysts believe that as the US Securities and Exchange Commission (SEC) reforms shorten the approval process, XRP may become a new option for the ETF market, with early capital inflows expected to exceed $1 billion. （Cointelegraph）