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Crypto

Security turns from bonus points to admission ticket: dismantling CoinW’s security system

Cryptothefts will continue in 2026. In the first half of the year, 344 incidents resulted in losses of US$1.316 billion, and Binance lost approximately US$6.36 billion in a single incident. This article dismantles CoinW’s three-layer wallet, Merkel tree reserve certificate, real-time risk control and contract insurance and other security mechanisms. This article Security turns from bonus points to admission tickets: dismantling CoinW’s security system first appeared on Chain News ABMedia.

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Crypto

ASIC business opportunities are booming! Worldchip’s revenue exceeded 10 billion in October, and MediaTek added its second major US customer

As large cloud companies have invested in developing their own AI customized chips (ASICs), Taiwan's IC design companies have benefited. Worldchip-KY (3 […] This article ASIC business opportunities are booming! Worldchip’s October revenue exceeded 10 billion, and MediaTek added its second major US customer. This article first appeared on Chain News ABMedia.

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Crypto

Formation Securities Plans Solana Tokenized Stock Trading Venue for Early 2027

Formation Securities plans to bring round-the-clock stock trading to Solana, with Galaxy Digital, Exodus, and Forward Industries among its anticipated initial offerings, as rival tokenization efforts face growing corporate opposition. Formation Securities has notified the U.S. Securities and Exchange Commission (SEC) of plans to launch a tokenized securities venue on the Solana blockchain in early […]

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Crypto

BitMine’s annual report disclosed a net loss of US$6.313 billion, and ETH holdings increased to 6.07 million

Wu said that he learned that the 10-K annual report submitted to the U.S. SEC by BitMine Immersion Technologies, a listed company on the U.S. stock market, disclosed that the net loss for the fiscal year ending August 31, 2026 was approximately US$6.313 billion (net profit of US$349 million in the previous fiscal year). The main reason for the loss was the decline in the fair value of digital assets, resulting in an unrealized loss of approximately US$6.229 billion; the company's total annual revenue was approximately US$1.25 billion. Billion US dollars, of which the pledge and verification node business generated approximately US$121 million in revenue, accounting for 97%; as of the end of the fiscal year, it held 5.9018 million ETH and 211 BTC (the cost of ETH was approximately US$19.948 billion, and the fair value at the end of the period was approximately US$14.559 billion). According to its latest disclosure on November 9, the company’s ETH holdings have further increased to 6.0701 million coins (accounting for approximately 4.97% of the entire network supply), of which 5.227 million coins are already in pledge status.

吴说区块链
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