[Analyst Claims MegaETH Has Not Effectively Removed Sybil Addresses, SHIFT Protocol Co-Founder May Be Involved in Bidding] On-chain analyst Eye posted on the X platform stating that MegaETH has still not effectively removed Sybil addresses. Aside from crypto KOL IcoBeast, SHIFT Protocol co-founder ggmxbt may be a potential oversight, as they bid a total of 77,000 USDT through two addresses. Eye mentioned that although it is impossible to catch every Sybil cluster, stronger measures should be taken against those attempting to manipulate situations during presales and similar events.

[BitFuFu Q3 Financial Report: Bitcoin Holdings Increase to 1,962, Revenue Reaches $180.7 Million] Nasdaq-listed Bitcoin mining company BitFuFu released its third-quarter financial report, revealing a mining output of 174 Bitcoins in Q3. As of September 30, total Bitcoin holdings increased to 1,962, a year-on-year growth of 19.8%. Total revenue for Q3 was $180.7 million, with $20.1 million generated from self-mining operations. Total revenue grew 100.1% compared to the same period last year.

[BNB Chain Announces Multisig Wallet Service Termination] BNB Chain announced on the X platform that the current BNB Chain multisig wallet will soon cease service. Users must migrate to Safe Global immediately to ensure asset security.

[Circle Q3 Financial Report Shows Revenue of $740 Million and Net Profit of $214 Million, Doubling Year-on-Year] Circle disclosed its Q3 financial report, with USDC circulation reaching $73.7 billion at the end of the period, a year-on-year increase of 108%. Total revenue, including reserve interest, amounted to $740 million, up 66% year-on-year. Net profit reached $214 million, a year-on-year increase of 202%. Adjusted EBITDA was $166 million, up 78% year-on-year. On the operational side, the Arc testnet has attracted participation from over 100 institutions, while the Circle Payments Network has onboarded 29 financial institutions, with a reserve pipeline of approximately 500 institutions. New partnerships were also established with Brex, Deutsche Börse, Finastra, Fireblocks, Kraken, Itaú, and Visa. The company has raised its 2025 guidance for 'other income' and RLDC profit margins, projecting a long-term annual compound growth rate of approximately 40% for USDC.

[Proposal Suggests Allocating 75% of Protocol Revenue for DYDX Buyback] On November 12, the dYdX Foundation announced that voting has begun on a new proposal to 'adjust the revenue distribution of the dYdX protocol.' The proposal includes the following allocation of current protocol revenue on the dYdX Chain: 75% for DYDX buyback, 5% for Megavault liquidity, and 5% to the treasury.