WuBlockchain
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Wu reported that Binance announced that, in view of the recent designation of MEXC by the U.S. Financial Crimes Enforcement Network (FinCEN) as a primary money laundering concern, Binance will stop processing transactions involving MEXC and its affiliated entities. Users are prohibited from directly or indirectly sending or receiving funds through Binance to or from the related entities, and transfers initiated to these entities will be rejected.
Deposits from the related entities will be temporarily withheld and subjected to compliance review, and affected users' accounts may face further restrictions or even termination of service. The entities listed in the announcement include MEXC Global Limited, MEXC Estonia OÜ, MEXC Singapore Pte Ltd, and other MEXC affiliated entities.
https://t.co/jR6YTqnyr8
BitGo's Q3 revenue halved, but net profit grew 94%
Digital asset custody company BitGo (BTGO) announced its Q3 2026 financial report, with revenue of $2.852 billion, down 50.9% year-on-year and down 34.1% quarter-on-quarter, mainly due to weak crypto asset trading activity. Despite the significant revenue decline, net profit still increased 94.4% year-on-year to $44.1 million, mainly benefiting from $71.5 million in unrealized gains generated by the digital asset treasury. Excluding direct costs, the company's revenue for the quarter was only $3
According to Barron's, Robbie Mitchnick, head of digital assets at BlackRock, stated that an increasing number of large Bitcoin holders are choosing to convert their self-held BTC into shares of BlackRock's spot Bitcoin ETF (IBIT), with related conversion demand reaching an all-time high. The main motivation is asset security and peace of mind. The report noted that BlackRock has observed approximately $3.6 billion in such conversion transactions, with the actual scale possibly being higher. Investors convert BTC into ETF shares through physical subscriptions without needing to sell Bitcoin on the market first. Mitchnick previously stated that IBIT has facilitated over $5 billion in such conversions. https://t.co/Z5Sszomq4O
BlackRock: Demand for IBIT transfers from large Bitcoin holders reaches an all-time high, with approximately $3.6 billion converted observed
According to Barron's, Robbie Mitchnick, head of digital assets at BlackRock, stated that an increasing number of large Bitcoin holders are choosing to convert their self-held BTC into shares of BlackRock's spot Bitcoin ETF (IBIT). The demand for such conversions has reached a historic high, mainly motivated by asset security and peace of mind. The report noted that BlackRock has observed approximately $3.6 billion in such conversion transactions, with the actual scale possibly being higher. Inv
According to Lookonchain monitoring, the US-listed Bitcoin mining company MARA Holdings transferred out 500 BTC again today, valued at approximately 37.38 million USD, possibly for sale. MARA's financial report released on November 9 shows that since October 1, the company has sold 13,597 BTC at an average price of about 81,039 USD, cashing out approximately 1.1 billion USD in total, of which 750 million USD was used to repay Bitcoin-backed loans and release the previously pledged 17,477 BTC.
https://t.co/LGgOoYGeGL
Bitcoin mining company MARA transferred out 500 BTC again, worth about 37.4 million USD
According to Lookonchain monitoring, the US-listed Bitcoin mining company MARA Holdings transferred out another 500 BTC today, worth approximately 37.38 million USD, possibly for sale. MARA's financial report released on November 9 shows that since October 1, the company has sold 13,597 BTC at an average price of about 81,039 USD, cashing out approximately 1.1 billion USD in total, of which 750 million USD was used to repay Bitcoin-backed loans and release the previously mortgaged 17,477 BTC.
Ethereum genesis whale awakens after 11 years of slumber, hacker sets trap within 3 minutes, $4.6 million ETH nearly stolen
According to CoinDesk, a wallet that had never transferred funds since the Ethereum genesis block in 2015 became active for the first time on November 9. After testing a transfer of 0.05 ETH to a new address, it was subjected to an automated address poisoning attack within less than 3 minutes. The attacker quickly generated phishing addresses with similar starting and ending characters to the real recipient address and embedded them into the wallet's transaction history through dozens of small t
HIVE Q2 revenue $84.9 million, AI GPU revenue up 70% year-over-year
Wu reported that Nasdaq-listed Bitcoin mining company HIVE announced its quarterly financial report for the period ending September 30, 2026, with revenue of $84.9 million, a year-on-year decrease of 2.7%; a net loss of $78.7 million, including a $31.2 million impairment of mining machines. Bitcoin mining revenue was $76 million, AI high-performance computing business revenue was $8.8 million, a year-on-year increase of 70.7%. During the quarter, 1,070 BTC were mined, and at the end of the quart
Solana Foundation Tightens Validator Support Program, Sparking Controversy: Funding Period Reduced to 12 Months, Exit Triggered if External Staking Exceeds 300,000 SOL
Jacob Creech, Vice President of Technology at the Solana Foundation, responded to the controversy caused by adjustments to the Validator Delegation Program (SFDP). According to the new rules, the period during which validators receive staking support from the foundation is shortened to 12 months. Additionally, if the stake amount from outside the foundation's program exceeds 300,000 SOL, the validator will be automatically exited. Creech stated that the SFDP was originally designed to support ne
According to Santiment data, despite Bitcoin's recent price drop to $75,000, addresses holding 1 to 100 BTC continue to accumulate. In the past two weeks, addresses holding 1 to 10 BTC have collectively increased their holdings by 10,076 BTC, and addresses holding 10 to 100 BTC have increased by 4,131 BTC, totaling an increase of 14,207 BTC. Santiment believes that these addresses accumulating against the market panic represent a potential bullish signal. $75,000 is the current key observation level; if BTC stabilizes here and breaks through $78,000 to $80,000 again, it will further support the judgment of a local bottom formation. https://t.co/1POE9o89T3
