Wu reported that Bitcoin mining company Bitdeer released its Q3 financial report on November 10, with total revenue increasing 89% year-on-year to $320.7 million, a record high, but net loss widened from $30.1 million in the same period last year to $125.5 million, including a non-cash loss of $54.6 million from fair value changes in digital asset loans. Quarterly gross profit dropped from $39.7 million to $10.8 million, with gross margin falling from 23.4% to 3.4%; adjusted EBITDA grew 173% yea

Wu reported that according to CryptoQuant analyst MAC_D data, the 7-day moving average of Bitcoin short-term holders' SOPR is recently about 0.99, indicating that short-term holders overall are still in a loss-selling state. On November 6, approximately 32,695 BTC held by short-term holders at a loss flowed into exchanges, accounting for about 89% of the total inflow of this group to exchanges that day. On November 9, despite a further drop in Bitcoin price, this inflow decreased to about 9,900

Wu reported that according to the announcement by the US-listed company Hyperscale Data (NYSE American: GPUS) on November 10, as of November 8, the company has sold all remaining Bitcoin reserves at an average price of about $76,000, totaling approximately 211.56 BTC, generating about $16 million in revenue. Since the end of July, the company has sold about 1,113 BTC in total, cashing out about $74.4 million, with the funds to be used for debt repayment and the construction of an AI data center

WhiteLine Daily, brought to you by the Wu Shuo team, provides readers with the most valuable information and analysis of the day, capturing the trend changes in the AI era. 1. Mitsui Chemicals signs agreement to acquire Japanese semiconductor materials manufacturer JSR, deal valued at approximately $11.6 billion Mitsui Chemicals announced it has signed a share purchase agreement to jointly acquire semiconductor materials manufacturer JSR with the Development Bank of Japan. JSR's main products in

Wu reported that Bitcoin mining machine manufacturer Canaan Inc. (NASDAQ: CAN) announced its unaudited Q3 financial results on November 10, with revenue of $14.54 million, down approximately 90.3% year-over-year, including $4.82 million from mining machine sales and $9.47 million from mining income. The company achieved a net profit of $7.96 million but still recorded an operating loss of $42.88 million. During the quarter, changes in the fair value of crypto assets and financial derivatives bro

Wu reported that South Korean cryptocurrency exchanges Upbit and Bithumb have announced that they will list the native token WAVES of the public chain project Waves as a trading warning item. Waves was launched in 2016 and mainly supports token issuance, smart contracts, and decentralized applications. The two exchanges stated that security incidents such as hacker attacks involving WAVES-related wallets or blockchain networks, which have not yet been identified or resolved, may cause user losse

Wu reported that according to the Binance Research market monthly report summary for November 2026, the total market capitalization of the crypto market fell 9.1% in October to $2.70 trillion. The report linked the market correction to inflationary pressures, expectations of Federal Reserve rate hikes, and declines in tech stocks. During the same period, the US spot BTC ETF saw net outflows of approximately $516 million, and the ETH ETF had net outflows of about $1.6 billion. The report also not

Wu reported that Google has released a security update for the Chrome browser, fixing 9 security vulnerabilities, including a high-risk zero-day vulnerability CVE-2026-125350 that has already been exploited in the wild. This vulnerability exists in Chrome's XML component and is a Use-After-Free (UAF) memory safety flaw, reported by an anonymous researcher on November 6. Google confirmed the discovery of in-the-wild exploitation of this vulnerability but has not disclosed specific attack methods,