[Binance Founder Changpeng Zhao Says Market Fluctuations Are Unrelated to Him] Binance founder Changpeng Zhao stated that market fluctuations have nothing to do with him. He emphasized that although he tweets daily, there is no correlation with market movements.
[Mara Holdings Q3 Profit Reaches $123 Million, Sets Record High] Bitcoin mining company Mara Holdings announced a third-quarter profit of $123 million, setting a record high, primarily driven by the rise in Bitcoin prices and improved operational efficiency. Quarterly revenue increased by 92% to $252 million, marking a turnaround from losses, with a significant improvement compared to a $125 million loss in the same period last year. Computing power increased by 64% during the quarter, electricity costs decreased, and 2,144 Bitcoins were mined. The company currently holds 53,250 Bitcoins, valued at approximately $5.6 billion at current prices.
[CleanSpark October Bitcoin Production Reaches 612 BTC, Sold 589.88 BTC] Bitcoin mining company CleanSpark released its October 2025 mining data, producing a total of 612 Bitcoin during the month, with a single-day peak production of 20.42 BTC. As of the end of October, the company held a total of 13,033 BTC. During this period, CleanSpark's average hash rate was 46.6 EH/s, with a peak hash rate of 50 EH/s. The company sold 589.88 BTC during the month at an average price of approximately $110,000. Additionally, the company currently has a contracted power capacity of 1.31 GW, with actual power usage at 808 MW.
[Canaan Plans to Raise $72 Million to Expand North American Data Centers and Mining Machine Capacity] Cryptocurrency mining machine manufacturer Canaan (NASDAQ: CAN) announced that it will issue approximately 63.66 million American Depositary Shares (ADS) to specific investors through a registered direct offering at a price of $1.131 per share, with a total fundraising amount of approximately $72 million. The offering is expected to be completed on November 6, 2025. The funds will be used for the acquisition and construction of North American data centers, expansion of Bitcoin mining machine capacity, support for digital mining farm deployment and mining machine sales, as well as research and development and other corporate purposes.
Binance DCR is currently priced at $45.46, with a 24-hour increase of 118.45%. 24-hour transaction volume of 100 million US dollars, an increase of 948.6%, for reference only
[U.S. Sanctions North Korean Bankers, Accusing Them of Laundering Stolen Crypto Assets] The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against multiple bankers and related entities, accusing them of participating in laundering money for North Korea and transferring crypto assets obtained through cybercrime to fund its nuclear weapons program. The Treasury stated that North Korea has stolen over $3 billion in digital assets over the past three years, ranking first globally in scale. Those sanctioned include North Korean bankers Jang Kuk Chol and Ho Jong Son, who manage approximately $5.3 million in cryptocurrency funds. North Korea relies on bank representatives, shell companies, and networks of financial institutions in its own country and places like Russia to launder money and evade sanctions.