ChainCatcher news, according to DefiLlama data, as of October 10, the Solana ecosystem meme coin issuance platform pump.fun has accumulated revenue of over 120 million USD, currently at 123.35 million USD.

ChainCatcher news, according to Bitcoin.com, the South African Revenue Service (SARS) has announced the inclusion of crypto assets in its compliance program. The revenue service is seeking information about crypto users from the Financial Sector Conduct Authority (FSCA) and crypto asset service providers.SARS recently stated that it felt it necessary to take this step after noticing that taxpayers were not declaring crypto assets and transactions on their tax returns. According to the statement, South African law requires SARS to account for all income and assets, including cryptocurrencies.In its latest comments on the issue, SARS stated that it is working to simplify compliance for taxpayers and traders. Meanwhile, tax officials emphasized the consequences of intentional tax evasion. To achieve this goal, SARS stated that it has strengthened its audit team and adopted the latest technology.

ChainCatcher news, according to data from Dune, the cumulative fee revenue from the Bitcoin NFT protocol Ordinals inscriptions has reached 6909.4638 BTC, approximately 432,952,750 USD. The total number of minted inscriptions currently stands at 70,185,861.

ChainCatcher news, DWF Labs co-founder Andrei Grachev stated on the X platform that the brand for DWF Labs' yield-bearing synthetic stablecoin has been finalized. It will be called: Falcon Finance, and this stablecoin will have two versions, namely USDf and USDwf, with more updates to be released soon.

According to ChainCatcher news, reported by The Block, in September, the overall revenue of listed cryptocurrency mining companies experienced a decline for the third consecutive month, while the network difficulty increased, making the situation even more challenging.According to a report by JPMorgan, the Bitcoin network's hash rate increased monthly in the second quarter, reaching 643 EH/s in September, a 2% increase from August. Meanwhile, miners' revenue per EH/s decreased by 6% month-on-month, averaging $42,100.Despite the fact that Bitcoin's value increased by about 7% in September in terms of market capitalization, recovering most of the losses from August, the total market capitalization of 14 U.S.-listed Bitcoin miners tracked by JPMorgan rose by 4% in September, reaching $21 billion.

ChainCatcher message, Matrixport stated on platform X that since the March Cancun upgrade (Dencun), Ethereum blockchain revenue has significantly declined. Historical data shows that ETH prices are closely related to revenue fluctuations, and some analysts even calculate the yield by dividing annual revenue by Ethereum's market capitalization. The sharp decline in revenue suggests that ETH may experience a pullback. However, from August to September, Ethereum revenue has doubled, indicating that the most severe decline may have ended. If this trend continues, ETH may welcome a rebound.

ChainCatcher news, according to Cointelegraph, the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) have informed the U.S. Supreme Court that the class action lawsuit accusing Nvidia of misleading cryptocurrency miners during sales should be allowed to proceed.Since 2018, Nvidia has been in a legal battle with investor groups, and the case has now reached the U.S. Supreme Court.In a brief filed on October 2, U.S. Acting Attorney General Elizabeth Prelogar and SEC senior attorney Theodore Weiman argued that the lawsuit "provides sufficient detail" to allow it to continue after being dismissed in district court, adding that the Supreme Court should greenlight the restoration of the lawsuit through the appellate court.The brief further stated, "Valuable private litigation is an important complement to the criminal prosecutions and civil enforcement actions of the Department of Justice and the SEC."

ChainCatcher news, according to Cryptodnes, Tron achieved a revenue of $566 million in the third quarter of 2024, surpassing major competitors like Ethereum, Solana, and Bitcoin. This represents a 43% increase compared to the previous quarter, with annual revenue potentially reaching $1.66 billion, a year-on-year increase of 113%.Tron's growth is primarily attributed to its stablecoin activities and the growing meme coin market. Tron holds a 34.8% share of the stablecoin market, supplying $59.8 billion in stablecoins, mainly USDT. Tron's low fees and fast transactions are highly popular in emerging markets, particularly in Nigeria and Argentina.Additionally, the launch of SunPump has boosted its network activity, with daily transactions exceeding 8 million.

ChainCatcher news, Sun Yuchen posted on platform X stating that the TRON network's total revenue for Q3 was $577 million, the highest level since the protocol was established, representing a 43% increase compared to the second quarter.

ChainCatcher news, according to SolanaFloor, pump.fun has surpassed Uniswap and Aave in 24-hour fees and revenue, achieving daily income of $1 million for the first time in 52 days.

ChainCatcher news, according to The New York Times, OpenAI is expected to incur huge losses this year, but as the company raises the fees for ChatGPT, revenue is projected to continue to grow explosively over the next five years.According to a document, the company expects revenue to reach $3.7 billion in 2024, with ChatGPT expected to generate $2.7 billion in revenue this year, of which $1 billion will come from other businesses. However, The New York Times reports that OpenAI expects to lose $5 billion this year, excluding stock-based compensation. OpenAI's largest cost is its spending on computing power obtained from partners, with its biggest investor being Microsoft, and OpenAI's products are hosted on Microsoft's cloud services.The report adds that despite this, OpenAI's revenue reached $300 million in August, a 1700% increase since the beginning of 2023. Growth is expected to continue soaring, with OpenAI predicting revenue will more than double by 2025, reaching $11.6 billion, and eventually hitting $100 billion by 2029. Part of the future revenue will come from increased fees paid by ChatGPT users. It is reported that by the end of this year, ChatGPT fees will rise from the current $20 per month to $22, and then increase to $44 over the next five years. OpenAI declined to comment to The New York Times and did not immediately respond to Fortune's request for comment. CNBC independently confirmed the annual revenue and loss forecasts.

ChainCatcher news, according to The New York Times, OpenAI is expected to incur massive losses this year, but as the company raises the fees for ChatGPT, revenue is projected to continue to grow explosively over the next five years.According to a document, the company expects revenue to reach $3.7 billion in 2024, with ChatGPT expected to generate $2.7 billion in revenue this year, of which $1 billion will come from other businesses.However, The New York Times reported that OpenAI expects to lose $5 billion this year, excluding stock-based compensation. OpenAI's largest cost is the computing expenses it incurs from its partner and largest investor, Microsoft, as OpenAI's products are hosted on Microsoft's cloud services.The report added that despite this, OpenAI's revenue reached $300 million in August, a 1700% increase since the beginning of 2023. Growth is expected to continue soaring, with OpenAI predicting revenue will more than double by 2025, reaching $11.6 billion, and ultimately hitting $100 billion by 2029. Part of the future revenue will come from increased fees paid by ChatGPT users.The report stated that by the end of this year, the ChatGPT fee will rise from the current $20 per month to $22, and then increase to $44 over the next five years.OpenAI declined to comment to The New York Times and did not immediately respond to Fortune's request for comment. CNBC independently confirmed the annual revenue and loss forecasts.

ChainCatcher news, according to Jinshi reports, relevant documents show that OpenAI's revenue in August reached $300 million, a 170% increase compared to the beginning of 2023. In terms of annual revenue, the company expects to be around $3.7 billion this year, soaring to $11.6 billion next year. However, an analysis by a financial professional who has also seen the relevant documents indicates that after paying costs related to service operations, as well as other expenses such as employee salaries and office rent, the company is expected to incur a loss of about $5 billion this year. OpenAI will need to continue raising funds in the coming year as its expenses increase with the growing number of users of its products.

ChainCatcher news, Floki stated on social media that it will acquire 40% ownership of the Meme coin issuance and trading platform GraFun on the BNB chain, and will receive 40% of the revenue generated by its issuance platform. This will bring benefits to FLOKI and TOKEN holders.

ChainCatcher news, according to official information, the yield layer infrastructure protocol Tranching has announced that due to the increased risk of hijacking of the original X account @TranchingPro, its official X account has now migrated to @ComeTranching.In addition, the team reminds users that after September 14, the hijacking risk of the X account @TranchingPro has increased, and users should not click on any links from that Twitter account.

ChainCatcher news, according to The Block, Hut 8 announced on Thursday that the company has begun generating revenue through its new GPU-as-a-service product, which rents GPU computing power to customers.It is reported that the GPUaaS cluster launched by Hut 8 is hosted in a tier 3 data center built in Chicago, consisting of multiple HPE Cray supercomputers equipped with 1,000 NVIDIA H100 GPUs.

ChainCatcher news, according to the Bangkok Post, the MOODENG prototype, "Bouncing Pig," has gone viral, attracting a large number of visitors and generating 12 million Thai Baht (approximately 360,000 USD) in revenue for Thai zoos in the first three weeks of September. Due to the overwhelming number of visitors, the zoo has implemented time-limited viewing measures and is also offering a 24-hour live stream online.It is reported that the zoo attracted 81,786 visitors from September 1 to 19 this year, and the zoo director stated that after the "Bouncing Pig" went viral, the number of visitors increased by 50%. The director pointed out that the high popularity of the "Bouncing Pig" is expected to attract more foreign tourists, especially from Asian countries such as Japan, China, and South Korea.As of the time of publication, the meme coin Moo Deng has a market capitalization exceeding 100 million USD, with a 24-hour increase of 32.72%.

ChainCatcher news, according to a report by the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission (SFC) recently released the "Securities Industry Financial Review," which for the first time disclosed the virtual asset trading activities in the securities industry, generating a total revenue of HKD 77 million in the first half of this year. The Executive Director of the SFC's Intermediaries Division, Yip Chi-hang, stated that Hong Kong's diverse products can cater to the needs of both local and global investors. As the investment atmosphere improves, licensed institutions are gradually establishing a foothold in distributing non-exchange traded products, with some even actively expanding into virtual asset trading business.

ChainCatcher news, according to Cointelegraph, the Telegram click game Hamster Kombat has announced its plans for the remainder of 2024 and 2025, including the launch of a Web3 gaming platform to expand its gaming products. According to the new development roadmap, the plans for the remainder of 2024 include integrating external payment systems, launching new games within the Hamster ecosystem, and integrating NFT-based in-game assets.On September 23, the Hamster Kombat team revealed the allocation details of the highly anticipated airdrop event. Among its 300 million users, only 131 million are eligible for the airdrop, accounting for just 43% of its total users. Hamster Kombat emphasized that 2.3 million users who used cheating methods have been banned from playing the game.According to the Hamster Kombat team, the company will launch a dedicated advertising network for games within the Hamster ecosystem. The roadmap indicates that this will be released in December 2024. The team also emphasized that the revenue from the advertising network will be used to buy back tokens and distribute them as rewards.

ChainCatcher news, stablecoin research company Bluechip posted on the X platform that for every 50 basis points the Federal Reserve cuts interest rates, Tether's annual revenue decreases by $488 million, and Circle's annual revenue decreases by $144 million. As the Federal Reserve lowers interest rates, the earnings that stablecoin issuers receive from U.S. Treasury bonds decline, which may force them to make riskier investments to compensate for the loss of income.In addition, according to screenshots shared by Bluechip, as of September 22, Circle and Tether hold over $125 billion in U.S. Treasury bonds.