BTC $80,264.49 +2.23%
ETH $2,419.26 +3.83%
BNB $716.55 +2.24%
XRP $1.32 +2.22%
SOL $96.61 +3.10%
TRX $0.3185 -0.54%
DOGE $0.0767 +2.09%
ADA $0.1978 +3.12%
BCH $287.99 +4.17%
LINK $11.55 +3.35%
HYPE $82.08 -5.40%
AAVE $132.69 +0.46%
SUI $0.9250 +1.12%
XLM $0.1660 +0.92%
ZEC $1,322.49 +1.07%
AAPL $351.82 +5.07%
AMZN $270.06 +4.52%
GOOGL $291.35 +2.46%
MSFT $558.21 +4.92%
META $637.66 +0.59%
NVDA $198.20 -5.43%
TSLA $377.41 -1.19%
SNDK $1,000.54 -11.97%
INTC $57.13 -5.30%
SPCX $134.16 -0.52%
MU $772.78 -10.67%
AMD $472.98 -8.20%
BTC $80,264.49 +2.23%
ETH $2,419.26 +3.83%
BNB $716.55 +2.24%
XRP $1.32 +2.22%
SOL $96.61 +3.10%
TRX $0.3185 -0.54%
DOGE $0.0767 +2.09%
ADA $0.1978 +3.12%
BCH $287.99 +4.17%
LINK $11.55 +3.35%
HYPE $82.08 -5.40%
AAVE $132.69 +0.46%
SUI $0.9250 +1.12%
XLM $0.1660 +0.92%
ZEC $1,322.49 +1.07%
AAPL $351.82 +5.07%
AMZN $270.06 +4.52%
GOOGL $291.35 +2.46%
MSFT $558.21 +4.92%
META $637.66 +0.59%
NVDA $198.20 -5.43%
TSLA $377.41 -1.19%
SNDK $1,000.54 -11.97%
INTC $57.13 -5.30%
SPCX $134.16 -0.52%
MU $772.78 -10.67%
AMD $472.98 -8.20%

pan

All
Article
Flash

Vitalik: The primary task of cryptocurrency companies in the next two years is survival, and security assurance will become a focus

Ethereum co-founder Vitalik Buterin stated in an interview that there has been a concerning trend in the industry's security situation over the past period. Security vulnerabilities and attack incidents at the smart contract level are decreasing, while most major hacking attacks that occurred in the past year and a half have been more focused on the user interface layer and centralized components. Hacking attacks are still ongoing, but the underlying core parts that truly need to be secured are actually improving in security, and the range of infrastructure that can provide high security guarantees is also expanding.Vitalik believes that more and more people have realized that the top priority in the next two years is not to achieve victory, but to ensure their survival, and the entire industry is thinking about how to achieve this goal. He expects that relevant institutions, large trading platforms, custodians, and other financial institutions will also take action as soon as possible. He believes that Binance's previous launch of BNB Chain was a correct decision, as users deploying their business on-chain and executing related operations through smart contracts can also benefit from the high security guarantees provided by on-chain infrastructure, and more institutions will develop in this direction in the future.Vitalik stated that the only real solution is to effectively raise the security level of the entire industry. The range of operations that can be completed securely is expanding, but if someone does not pay attention to security, the efficiency gains may ultimately be used to conduct more and more aggressive business, rather than further enhancing security. He anticipates that if security issues develop to a certain extent, regulatory agencies and industry leaders in various countries will begin to require companies to take on more responsibility and adopt more prudent business strategies. The Ethereum Foundation has been providing support, including writing relevant code and tools, providing quantum-safe signature-related code, and supporting the construction of wallets protected by quantum-safe technology, but users still need to actively be aware of risks and choose to enable these security measures.

Micron pauses its $4.5 billion factory plan in Taoyuan, labor disputes threaten AI storage expansion

According to Bloomberg, due to ongoing labor disputes with employee unions, Micron Technology has essentially suspended its plans to build a new storage chip factory in Taoyuan, Taiwan, with a project investment budget of $3 billion to $4.5 billion, originally scheduled to start production in 2028. Sources indicate that Micron is concerned that the agreement reached with the union may be overturned, and currently only a small amount of site safety maintenance work is being retained, after which construction will be frozen.The dispute arises from employees' demands to share the profit growth brought by the AI boom. The Taoyuan union is requesting that Micron distribute 15% of its operating profits to global employees and hopes to receive a full cash bonus rather than a portion in stock. Although Micron reached an agreement with the larger Taichung union in October, some employees are dissatisfied with the terms of the agreement, and the Taoyuan union is attempting to expand its organization to push for renegotiation.The project was originally planned to produce high-bandwidth memory (HBM) and DRAM using ASML's advanced equipment. Taiwan currently contributes about 60% of Micron's DRAM output and is also an important production base for HBM, employing approximately 15,000 people. Micron responded that the company's existing operations in Taiwan are normal and will ensure business continuity for customers, but did not directly comment on the suspension of the Taoyuan project. Taiwan's economic department stated that the government will assist Micron in resolving differences with the union and promote the implementation of the investment plan.

first_img SVRN, a publicly listed company focused on NEAR, has appointed Patrick O'Kain as Chief Operating Officer

On November 4, NASDAQ-listed company SVRN, Inc. (Ticker: SVRN) announced the appointment of Patrick O'Kain as Chief Operating Officer, effective November 3. O'Kain will be responsible for operations, product strategy, and corporate development, including the integration of acquired businesses. David Schwed, who has served as Chief Operating Officer since October 2025, will transition to Senior Advisor starting January 1, 2027, and will continue to advise management on technology and security.O'Kain has over 20 years of experience in venture capital, institutional consulting, federal law enforcement, and national security. He previously served as a General Partner at the digital asset investment firm Borderless Capital, where he was responsible for building and managing the venture capital fund business, covering fundraising, investment, and operations. Earlier, he was involved in establishing and expanding KPMG's cryptocurrency consulting business, providing advisory services to banks, fintech companies, and other institutional clients, and worked alongside SVRN CEO Sal Ternullo. He served as a special agent for the U.S. Department of Justice, where he was involved in developing cryptocurrency investigation strategies and leading related investigations, starting his career in U.S. intelligence, and holds an MBA from Columbia Business School.SVRN was formerly OceanPal Inc., with business focused on NEAR Protocol, including managing NEAR-based digital asset reserves, promoting commercial adoption of NEAR products, and supporting, building, and acquiring related businesses. The announcement stated that over the past year, the company has expanded from managing digital asset reserves to operating critical NEAR infrastructure, participating in network governance, and completing its first acquisition of FastNEAR. Schwed played a foundational role in the company's transformation from OceanPal Inc. to SVRN, Inc. Sal Ternullo stated that he has worked with O'Kain at KPMG for many years and is confident that O'Kain is suited to drive the company's next phase of development.

Circle's adjusted EBITDA soared 85%, mining companies Hut 8 and Riot released their Q3 financial reports

According to BBX data, yesterday global cryptocurrency asset service providers and leading Bitcoin mining companies intensively released their financial reports for the third quarter of 2026, with core financial data as follows:Circle (NYSE: $CRCL) Q3 net profit reached 226 million USD, adjusted EBITDA surged by 85%: Stablecoin issuer Circle released its financial report for the third quarter of 2026, showing strong performance. The total revenue and reserve income for the quarter reached 865 million USD, a year-on-year increase of 17%; net profit from continuing operations reached 226 million USD, a year-on-year increase of 5% (diluted earnings per share of 0.84 USD). Thanks to increased interest income and the adoption rate of USDC, its adjusted EBITDA reached 317 million USD, achieving a significant year-on-year growth of 85%.Hut 8 (NASDAQ: $HUT) Q3 net profit reached 131 million USD, recorded 414 million USD in digital asset unrealized gains: Bitcoin mining and energy infrastructure company Hut 8 announced its Q3 financial report. Despite the impact of selling its power generation assets in Ontario and a decrease in custody income, total revenue for the quarter decreased by 14.9% year-on-year to 71.07 million USD, but net profit attributable to the company surged to 131 million USD (compared to 50.11 million USD in the same period last year, diluted earnings per share of 0.98 USD). The significant improvement in profit was mainly due to 414 million USD in non-cash gains from digital assets (during the quarter, Bitcoin prices soared from about 59,847 USD to about 83,415 USD). Adjusted EBITDA was 33.03 million USD, with a cash balance of 157 million USD as of September 30.Riot Platforms (NASDAQ: $RIOT) Q3 revenue increased to 181 million USD, data center business offset mining decline: Bitcoin mining and data center developer Riot Platforms disclosed its Q3 performance, with total revenue reaching 181 million USD, a slight increase of 1%. The financial report indicated that strong growth in data center and engineering operations successfully offset the decline in Bitcoin mining revenue following the halving. The net profit for the quarter was 4.03 million USD (compared to 104 million USD in the same period last year), and adjusted EBITDA remained at a healthy level of 191 million USD.

first_img Lisi Star Deep Fund's scale expanded to 7.52 billion yuan, continuing to acquire shares from DeepSeek

The Science and Technology Innovation Board Daily reporter learned from multiple sources that the venture capital firm Lisi Capital, which participated in the previous round of financing for DeepSeek, continues to secure an investment share in DeepSeek's new round of financing, with the participating entity being its subsidiary Tianjin Lisi Xing Shen Equity Investment Partnership (Limited Partnership) (Xing Shen Fund). As multiple listed companies disclose their funding progress and business information updates, the fund size has increased from the previously disclosed 2.64 billion yuan to 6.02 billion yuan, and was ultimately confirmed at 7.52 billion yuan, with the funds already paid in.Public announcements show that Zhihu announced on September 6 that it plans to invest 1.5 billion yuan through its wholly-owned subsidiary to participate in the Xing Shen Fund, which completed registration with the Asset Management Association of China on September 15; Tongchen Beijian disclosed in late September that it participated with its own funds of 50 million yuan when the fund size was 2.64 billion yuan. On October 9, Zhongwang Fabric announced its intention to invest 50 million yuan, at which time the subscribed amount had increased to 6.02 billion yuan. On October 21, Tongchen Beijian disclosed that it received notice that the fundraising scale had increased from 2.64 billion yuan to 7.52 billion yuan, the fundraising has been completed and all funds have been paid in; Perfect World, Te Bao Biotechnology, and others subsequently confirmed this scale. According to Qichacha, the Xing Shen Fund has a total of 41 partners, including the executive partner Tianjin Lisi Ming Tang and 40 limited partners, with a total subscribed capital of 7.52 billion yuan.The reporter compiled that 13 listed companies and their related funding entities have a total subscribed amount of 3.495 billion yuan, accounting for approximately 46.48% of the total fund size. Zhejiang Innovation Deep Intelligent Venture Capital Partnership has subscribed 1.4 billion yuan, making it the second-largest contributor; along with the two funds of Zhejiang Province, Ke Chuang Zhan Xin and Ke Chuang Wei Lai, each subscribing 50 million yuan, the three Zhejiang state-owned entities have a total subscription of 1.5 billion yuan, while Wuxi Chanfang Guosheng Innovation Development Equity Investment Partnership has subscribed 80 million yuan. A person familiar with the situation stated that Lisi is one of the market-oriented institutions that obtained a larger share, while other market-oriented institutions typically have quotas ranging from 3 billion yuan to 4 billion yuan. Zhihu previously announced that the Xing Shen Fund adopts a blind pool structure, and this person indicated that the actual allocation may still be highly concentrated in DeepSeek. The reporter had previously sought confirmation from Lisi Capital on whether the Xing Shen Fund participated in this round of financing, but had not received a clear response by the time of publication.
app_icon
ChainCatcher Building the Web3 world with innovations.