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[USDC Treasury Newly Mints Over 190 Million USDC] Whale Alert monitoring shows that in the past 3 hours, USDC Treasury has newly minted 190,244,800 USDC through two transactions.
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[USDC Treasury Newly Mints Over 190 Million USDC] Whale Alert monitoring shows that in the past 3 hours, USDC Treasury has newly minted 190,244,800 USDC through two transactions.
[George Cottrell, Reform UK Adviser, Linked to Trump-Related Polymarket Bets] George Cottrell, a key adviser to Reform UK leader Nigel Farage, has been revealed to have connections to multiple Trump-related bets on Polymarket. Cottrell was previously convicted of wire fraud in the United States. Farage's team describes him as an 'unpaid volunteer,' but Cottrell frequently accompanies Farage on campaign activities. Accounts linked to Cottrell have placed bets on Polymarket predicting Trump winning the election and are currently betting on the event of 'Trump shaking hands with Chinese President Xi Jinping for 6 to 10 seconds.' Farage has shown an increasingly open attitude toward cryptocurrency, calling Reform UK the 'only hope' for the crypto industry.
[Cango added 136.4 BTC this week, bringing total holdings to 6,394.3 BTC] U.S.-listed Bitcoin mining company Cango announced that this week's mining output was 136.4 BTC, increasing its total Bitcoin holdings to 6,394.3 BTC. Currently, Cango's mining hash rate is 50 EH/s.
[Approximately 308,000 SOL Transferred to Coinbase] Monitoring data shows that 308,517 Solana (SOL) tokens, with a total value of approximately $57,734,533, were transferred from an unknown wallet to the cryptocurrency exchange platform Coinbase. This large transaction was recorded by blockchain data tracking platform Whale Alert, possibly indicating that the related address may be conducting asset transfers or trading operations.
[TeraWulf Completes $1.025 Billion Convertible Senior Notes Offering] Nasdaq-listed Bitcoin mining company TeraWulf announced the completion of a $1.025 billion convertible senior notes offering, exceeding the previously announced $900 million private placement plan. This includes the issuance of an additional $125 million notes purchase option. Net proceeds after deducting expenses are close to $1 billion. The funds will be used for the construction of the data center campus in Abernathy, Texas, and other corporate purposes.
[USDC circulation decreased by approximately 600 million within a week] According to data from Circle's official website, as of the week ending October 30 local time, approximately 5.1 billion USDC were issued and approximately 5.7 billion USDC were redeemed, resulting in a circulation decrease of about 600 million. As of October 30 local time, USDC circulation was approximately 75.9 billion, with reserve assets valued at approximately $76.2 billion.