Analysis Daily TheBitTimes.com

1. Bitfarms announced that 411 bitcoins were mined in September 2023, a 7.3% increase from the previous year; 362 of these were sold for total proceeds of $9.5 million; treasury holdings increased to 703 BTC; 4,600 miners were installed in September; and capacity was increased to 51 MW in Argentina, with a ramp-up to 11 MW in Quebec expected in October. Read more 2. Cryptocurrency financial services firm Galaxy Digital’s (GLXY) head of mining, Amanda Fabiano, has left the firm to start her own consulting services company to help bitcoin miners grow their business. Fabiano said she will be working with Compass Mining and Giga Energy, among others, as inaugural clients of the consulting business.She spent three years at Galaxy building up the firm’s mining business, offering operational and capital markets products. Previously she was director of bitcoin mining at Fidelity Investments. (CoinDesk） Read more 3. Volcano Energy announced a new agreement with Luxor Technologies to establish t...

1. Uniswap Labs Introduces a 0.15% Fee for Token Swaps link On October 17th, Uniswap Labs commenced the imposition of a 0.15% fee on transactions involving ETH, USDC, and other tokens. This fee applies only to swaps executed through the Uniswap Labs front-end. Stablecoin swaps and transactions between ETH and wrapped ETH remain exempt from this fee. Hayden Adams, the founder of Uniswap, noted, “This interface fee is among the lowest in the industry and will enable us to continue researching, developing, building, releasing, improving, and expanding cryptocurrency and DeFi.” 2. Maker Protocol Hits an All-Time High in Annual Revenue link On October 20th, according to Makerburn data, the Maker Protocol’s annualized income surged to a record high of $2.03 billion on October 19th, and DAI’s supply reached an annual high of $56 billion. The sharp increase in income is attributed to the growth in RWA deposits used to mint DAI and the increased yield for DAI holders. MakerDAO’s RWA deposits ha...

Author: defioasis Note: This article is for informational sharing only and does not endorse any projects mentioned. In mid-September, the TON Foundation announced a formal partnership with Telegram, one of the top three social media platforms in the crypto community, aiming to integrate and promote the TON network ecosystem for Telegram’s 800 million active users. They plan to attract and convert 30% of Telegram’s active users, or 240 million people, into active users of the TON network by 2028. The TON blockchain was originally developed by the Telegram team in 2018 but was later transferred to community developers due to legal disputes and investor withdrawals in 2020. Over the past two years, TON and Telegram have maintained a somewhat loose relationship; this formal announcement undoubtedly strengthens the connection between TON and Telegram users, developers, and communities. The rapid rise of Telegram Bots this year confirms the possibility of a platform that combines social medi...

1. StarkWare Token Unlock Date Postponed from Late November to Mid-April Next Year link On October 4th, according to The Block’s report and Etherscan data, StarkWare has postponed the initial unlock date of its native StarkNet (STRK) token from the originally scheduled November 29, 2023, to April 15, 2024. Regarding this delay, a spokesperson from StarkWare stated, ‘We are focused on technical building. We will update the roadmap as needed, including updates to lockup periods.’ Insiders have indicated that the first batch of unlocked tokens belongs to StarkWare’s core contributors, early supporters of the ecosystem, and employees. 2. OpenSea Announces Launch of OpenSea Studio link On October 4th, OpenSea announced the launch of OpenSea Studio, designed to assist creators in easily launching and managing their NFT projects. Through OpenSea Studio, creators can create and manage their projects end-to-end, including setting allowlists, uploading media or metadata, and building pages. Crea...

Author：Crescent Editor：Colin Wu 1. Mainland of China’s Weekly Summary 1.1 Shanghai Science and Technology Commission’s Action Plan for Metaverse-related Technology Research link On June 14th, the Shanghai Science and Technology Commission issued the “Key Technology Research and Development Action Plan for the Metaverse in Shanghai (2023–2025)”. The main focus of the plan is on immersive technology and Web3 technology. The aim is to build a new architecture for blockchain systems that supports multi-chain integration and digital regulatory technology, and to develop middleware and toolchains compatible with underlying blockchain systems. The plan emphasizes research on key technologies such as digital identity, distributed storage, and trusted computing chips, in order to achieve high-performance, scalable, and secure infrastructure. The goal is to promote the development of innovative applications in the metaverse. 1.2 Supreme People’s Procuratorate: Strengthening the Punishment for Ne...

WuBlockchain’s statistics showed that: Spot trading on major exchanges fell 42.8 per cent month-on-month in December. The three smallest decreases were Bitget -8%, Crypto.com -23% and BitMart -27%. The top three decreases were Phemex -76%, Bitfinex -58% and Gate -57%. Derivatives trading on major exchanges fell 47.6 per cent in December from the previous month. Three of the smallest decreases were Crypto.com -10%, Mexc -25% and Bitget -28%. The top three declines are Phemex -85%, Deribit -62% and Bitfinex -60%. Web traffic on major exchanges fell 15.8 percent in December from the previous month. Only two sites saw an increase in visits: Bitfinex 107% and Bitget +58%. The top three declines were Upbit -32%, Crypto.com -23% and Kucoin -22%. Note: The following data may have serious fraud traffic suspicion. Spot and derivatives data from Coingecko; Traffic data is from Similarweb. Follow us Twitter: https://twitter.com/WuBlockchain Telegram: https://t.me/wublockchainenglish Source: htt...