PAS Daily 17th anniversary of Bitcoin White Paper; Tether's net profit in the first three quarters exceeded $10 billion

2025/11/02 00:54
👤PANews
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PAS Daily 17th anniversary of Bitcoin White Paper; Tether's net profit in the first three quarters exceeded $10 billion

Today's news alert:

1. 17th anniversary of the publication of the Bitcoin White Paper

2. The United States share has increased by at least six times, and Coinbase by over 4 per cent

3. François Alpha will launch the THORWallet on 3 November

4. Aster adjusts S3 buy-back and air drop mechanisms: 50 per cent buy-back destroyed and 50 per cent return to locked air drop addresses

5. Tether ' s net profits exceeded $10 billion in the first three quarters and USDT flows reached $174 billion

6. The Chief Strategic Officer of MEXC apologized to the encryption net Red White Whale and unfrozen the $3 million fund account

7. Pump fun roll-out of the Spotlight project to help get attention and liquidity for practical tokens

Macro

Singapore Police freezes over $150 million of Chen Zhi's assets, approximately $800 million

According to financial reports, on 30 October, the Singapore Police took action against Chen Ji (the head of the Cambodian Princes Group) on suspicion of operating a transnational electric fraud ring, freezing assets totalling over $150 million (approximately $800 million RMB), including 6 properties, bank and securities accounts, cash and seizure of yachts, 11 cars and bottles of alcohol. The United States Department of Justice had previously confiscated some $15 billion worth of bitcoin; neither the author nor his associates were currently in Singapore。

The U.S. stock has increased by at least six times, and Coinbase by over 4%

According to FIA, the three major indices of the United States stock have risen collectively by 0.61 per cent, by 2.24 per cent this week and by 4.7 per cent in October; the Standard 500 index by 0.26 per cent, by 0.71 per cent this week and by 2.27 per cent in October; and by 0.09 per cent, by 0.75 per cent this week and by 2.51 per cent in October. Coinbase (COIN) increased by 4.65 per cent, Circle (CRCL) by 3.48 per cent and Strategy (MSTR) by 5.87 per cent。

United States fast food brand Steak 'n Shake announced the establishment of a Bitcoin reserve, in which all bitcoin payments would be deposited

The United States fast-food chain, Steak 'n Shake, announced the establishment of a strategic bitcoin reserve in which all payments in bitcoin would be deposited. Over the next 12 months, it will donate 210 of each bitcoin meal to Open Sats Initiative, Inc。

This year, MayUnited States fast-food chain brand Steak & rsquao; n Shake supports bitcoin payments. It was launched in October“ Bitcoin Steak Burger ”I don't know。

ZHEJIANG DINGHAI COURT HAS CONCLUDED A CASE INVOLVING THE USE OF USDT FOR AIDING AND ABETTING MORE THAN $5 MILLION

According to the Zhejiangzhou City Court, in recent days the Court has concluded a case involving the crime of facilitating information-related cybercrime activities by using virtual currency transactions。

between october 2022 and august 2023, 10 people from the group of yao huang registered several & ldquo; comptoir & rdquo; and profited by a combination of shares and low-cost sales of thai currency. knowing that criminal activities may be committed upstream of the transaction, they continue to receive transfers of money from the victims, such as ganya, through the employee ' s microclinic, and then deposit tedacoin in a designated account to facilitate the transfer of funds involved in crimes such as computer fraud. during this period, “ comptoir ” there are frequent instances of micro-mail accounts being controlled and frozen on suspicion of fraud, where the persons involved unsealed the account by falsifying a false transaction cut-off, express delivery form or changing the account number to circumvent control。

It has been found that a certain person, Huang, has accumulated over $5 million in money to help settle information-related cybercrime, with several defendants involved in transfers ranging from hundreds of thousands to millions of dollars. On 28 August 2023, 10 defendants were arrested in Fujian Fukuda and Tsuda, respectively。

The court sentenced Huang to two years and eleven months ' imprisonment and a fine of $50,000; nine accomplices, Yao Yi and Guo, respectively, to a prison term of between seven and two years and three months ' imprisonment, with a suspended sentence and a fine; the amount of $877,000 seized from the crime was returned to the victim and the instruments, hard drives, etc. were legally confiscated。

Views

Federal Reserve Logan: The Fed doesn't have to drop interest this week

the federal reserve states that interest rates should not be lowered this week or again in december. she noted that the labour market &ldquao; the overall balance &rdquao; there was no immediate need for support, and inflation seemed likely to remain above the 2 per cent target for the longer term. logan is saying: “ the current economic outlook does not require a reduction in interest rates. i do not see the need for a reduction this week. if there is no clear evidence that inflation will decline faster than expected or that the labour market will cool faster, it will be difficult for me to support a further fall in interest rates in december. ” logan did not have a vote in the federal reserve policy development committee this year. she said that data from the private sector, unemployment benefit applications from the states, and the fed ' s own network of business and community contacts provided the central bank with an observation of the economy, while the overall situation &ldquao; far from worrying &rdquao。

American finance minister Scott Bessent praises the soundness of the network 17 years after the White Paper on Bitcoin

According to United States Treasury Secretary Scott Bessent, 17 years after the issuance of the Bitcoin White Paper, the Bitcoin network is still working well and more robust than ever before. Bitcoin never shuts down. And add &ldquao; the Senate Democrats may have some lessons to learn from. ”

Project developments

It's the 17th anniversary of Bitcoin's White Paper

On 31 October 2008, Satoshi Nakamoto published a paper entitled " Bitcoin: A Peer-to-Peer Electronic Cash System " on the password mailing list, proposing for the first time the concept of a decentrized electronic cash system. The paper laid the technical and intellectual foundation for the Bitcoin and the entire encrypted monetary industry, marking the beginning of the era of block chains。

Aster adjusts S3 buy-back and air drop mechanisms: 50% buy-back destruction, 50% return lock-on air drop address

Aster announced the optimization of the S3 buy-back and air-drop model: 50 per cent of all S2 and S3 buy-backs would be destroyed directly to reduce supply, the remaining 50 per cent would flow back to targeted air-drop addresses, reduced circulation and set quotas for subsequent air-drops. Officially, follow-up buy-back and destruction mechanisms will continue to overlap to support long-term value and sustainable growth。

Tether's net profits exceeded $10 billion in the first three quarters, and USDT flows $174 billion

According to Tether Network, Tether International published Q3 2025 audit certificates: net profits during the year exceeded $10 billion, USD net gains during the season were $17 billion, in circulation to $174 billion, and companies held approximately $135 billion in stock on US Treasury debt, ranked 17th globally. As at 30 September, reserve assets of $182,231 million, liabilities of $17,444,454 million and excess reserves of $6,778 million; gold $12.9 billion and bitcoin $9.9 billion (approximately 13 per cent of reserves) were held. Tether completed the Celsius settlement with its own funds and applied for the licence plate of the Salvadoran Private Investment Fund。

Bitwise updates the XRP ETF application and adds information on the NYU and 0.34 per cent management rate

Pembo ETF Analyst Eric Balchunas tweets that Bitwise updates the fourth revision of the XRP ETF application. This revision added information on exchange (New York Stock Exchange) and 0.34 per cent management rates. Eric Balchunas states that this is usually the last steps to be completed in the application process。

Vitalik re-sold free moustache for over $15,000

According to Lokonchain, Vitalik Buterin once again sold the free moustache and received 15,170 USDC。

MEXC's CEO apologized to the encryption net Red White Whale and unfrozen the $3 million fund account

MEXC's Chief Strategic Officer, Cecilia Hsueh, apologized on X to the encryption net Red The White White and returned the frozen funds, while acknowledging that he had mishandled the matter. The White Wheel was blocked by the MEXC Exchange in July for $3 million. The transaction alleged that it placed two orders within the same second, which indicated that it was not a manual transaction and that it violated the service terms of the exchange and that the funds should therefore be confiscated. However, The White White White denied these allegations. Since then, advocacy activities have been launched in social media to try to recover the money, and the chain detective ZachXBT has recently shown solidarity。

Pump fun launched the Spotlight program to help get attention and liquidity for practical tokens

Pump fun rolls out & ldquo; Spotlight” the plan is to help increase the attention and mobility of practical tokens without meme attributes and to promote the development of Internet capital markets. The Spotlight program is now open。

François Alpha will launch THORWallet on November 3rd

According to official announcements, François Alpha will launch the THORWallet (TITN) on 3 November. Eligible users can collect airdrops using the ANN Alpha credit on the Alpha campaign page after the transaction has been opened. More details will be available shortly。

Currency: 400 Marina Protocol (BAY) airdrops for users with over 245 Alpha points

According to the official announcement, the deal for François Alpha Marina Protocol (BAY) will begin at 16:00 (UTC+8). Eligible currency users can apply for 400 BAY currency drops within 24 hours of the start of the transaction on the Alpha campaign page. Airdrops will be carried out in two phases:

  • Phase I (first 18 hours): Airdrops are available to users with at least 245 AN Alpha credits。
  • Phase 2 (last 6 hours): Users with at least 230 points of Zen Alpha credits can participate on a first-come, first-served basis. If the incentive is not fully awarded, the credit threshold will be automatically reduced by 15 points per hour。

Please note that receiving airdrops will consume 15 nicks of Alpha credits. The user must confirm the receipt on the Alpha Active page within 24 hours, otherwise it will be considered a waiver。

Currency: 245 BEAT airdrops for users with at least 235 Alpha points

According to the official announcement, François Alpha will go online with the Audiera token Beat and will open the transaction on November 1, at 1700. Upon the commencement of the transaction, users with at least 235 A.N. Alpha credits received 245 BEAT drops on a first-come, first-served basis. If the incentive pool is not fully distributed, the credit threshold will be automatically reduced by 5 points per 5 minutes. 15 Alpha points will be consumed for airdrops. The user must confirm receipt on the Alpha Active page within 24 hours, otherwise the receipt will be considered abandoned。

Romania blacklisted Polymarket for unlicensed business

The Romanian authorities blacklisted Polymarket on the grounds of unlicensed business. The Romanian National Lottery Authority (ONJN) has determined that the bets made on the forecast market are bets made by the counterparties, not transactions. In Romania, the gaming industry is a State monopoly and operators must apply to the National Gaming Authority and obtain a licence to start business. In a statement, the Director-General of the National Lottery Authority stated that: “ the decision to blacklist Polymarket was not technical but legal. ”

Zcash Development Company Electrich Coin Company released the fourth-quarter road map

Zcash Development Corporation Electrich Coin Company released a fourth-quarter road map focusing on:

  • Temporary transparency address: A new temporary transparency address is created every time NEAR Intens converts to ZEC to enhance privacy and reduce transaction relevance。
  • Transparent address rotation: A new transparent address is generated every time funds are received from a previous address。
  • Keystone device re-synchronises and disconnects: allows Zashi-Keystone users to unconnect and resynchronise their Keystone device。
  • P2SH multiple signature support in Keystone: Ensure the management security of Zcash Development Fund resources to support the continued development of Zcash. Keystone will be the first development tool to be accessed by Lockbox, but any wallet that incorporates PCZT can be signed using Keystone。

Important data

Data: USDC Treasury added 500 million USDCs to the Solana network

According to Whale Alert, USDC Treasury added 500 million castings to the Solana network twice。

A new wallet received 9272 ETHs from Galaxy Digital, or BitMNR or SharpLink

According to Onchain Lens, a newly created wallet received 9,272 ETHs from Galaxy Digital, valued at $35.77 million. The wallet may belong to BitMNR or SharpLink (not yet confirmed)。

Net inflows of $4.448 million and four consecutive days of net inflows to the United States of America of spot ETF

According to SoSoValue data, on 31 October of American Eastern Time, the United States of America ' s real ETF inflows totalled $44.48 million, with four consecutive days of net inflows。

Bitwise Solana spot ETF BSOL received a net one-day inflow of $44.48 million, with historical net inflows reaching $197 million. Grayscale Solana spot ETF GSOL no net outflows. As at the time of the submission, total net assets of Solana spot ETF were $502 million and the net assets of Solana were 0.49 per cent, with historical net inflows reaching $199 million。

Financing/acquisition

IA Video Generating Company, Syrnthesia, has completed $200 million in financing, and the Google Wind is leading the way

According to Forbes, Sina Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei Wei This round of new financing will be led by Google winds, and may also be supported by Ingweida. Previously, Syrnthesia had raised $280 million (approximately RMB 2 billion), with the participation of Ingweida and Adobe。

Having been established in 2017, and unlike video generation tools such as Sora, which focus on helping businesses to use the AI virtual image to generate videos for marketing, staff training, etc., 60,000 businesses have used the Syrnthesia platform to generate their own virtual image videos。

Bloomberg: Coinbase buys the Stable Currency Starter BVNK expected to be completed by the end of this year or early next year

According to Bloomberg, informed sources have revealed that the United States Encrypted Currency Exchange Coinbase Global Inc. is negotiating later acquisitions with BVNK, the initial company for the stabilization of currency infrastructure, to complete the transaction at a price of approximately $2 billion, pending due diligence. Coinbase Ventures, a venture capitalist of BVNK, is expected to complete the transaction later this year or early next year. The terms of the transaction may change and the final transaction may still fail。

Institutional holding

Bitmine had an increase of 7,660 ETHs valued at approximately $2.95 million

According to Onchain Lens, Bitmine purchased a further 7,660 ETHs from Galaxy Digital approximately five hours ago, valued at approximately US$ 29,954 million。

📅Published:2025/11/02 00:54
🔄Updated:2025/11/02 00:54
🔗Source:PANews