Jiangnan Technology announced its financial performance for the third quarter of 2025, with total revenue of $150.5 million, a year-on-year rise of 104.4%. Bitcoin mining revenue was $30.6 million, with 267 bitcoins mined in the third quarter, resulting in a gross profit of $16.6 million. Meanwhile, the company's crypto assets reached 1,610 BTC and 3,950 ETH.

According to Mars Finance, The Block reported that Amplify ETFs, which manages assets of over $16 billion, has launched the Amplify XRP 3% Monthly Premium Income ETF (XRPM), which the company claims is the first options income ETF based on XRP. This fund is the latest member of the Amplify YieldSmart product line, which is based on covered call options and aims to combine income generation with partial growth exposure. XRPM aims for an annualized option premium of 36% and strives for a 3% monthly return while still capturing some weekly rise in Ripple. It attempts to sell out-of-the-money call options weekly targeting an XRP token exposure of 30% to 60% in the portfolio while maintaining the remaining 40% to 70% exposure.

According to Mars Finance, on November 18th, the decentralized stablecoin USDD officially announced that against the backdrop of ongoing fluctuations in the stablecoin market, the total lock-up position (TVL) of sUSDD has successfully surpassed 70 million USD, once again setting a historical record and demonstrating remarkable market resilience and rise potential.
As an enhanced yield version of USDD, sUSDD relies on a 12% Annual Percentage Yield (APY), a comprehensively audited security structure, and the advantages of multi-chain deployment to continuously attract a large number of users to lock up assets. Currently, sUSDD is running on major public chains such as TRON, Ethereum, and BNB Chain, providing global users with a transparent, reliable, and sustainable yield experience.

Kohaku is a set of privacy tools proposed by Ethereum founder Vitalik, aimed at enhancing the privacy and security of the Ethereum ecosystem. The project uses a modular framework that allows developers to create privacy Wallets, utilizing concealed Addresses to prevent transactions from being tracked, while also ensuring Compliance to resolve the conflict between privacy and auditability.

According to Mars Finance, Brazil is considering taxing the use of encryption for international payments to fill the gaps in the country's regular forex transaction taxation. Sources indicate that the Brazilian Ministry of Finance is considering expanding the scope of its financial transaction tax (IOF) to include some cross-border transfers using virtual assets and stablecoins, which were classified as forex operations by the Central Bank this month. Currently, cryptocurrency transactions are exempt from the financial transaction tax (IOF). Investors are required to pay income tax on capital gains from crypto assets that exceed the monthly tax-exempt limit.

According to Mars Finance news, Lookonchain monitored that a certain Whale sold 31,005 ETH 6 hours ago, valued at 92.19 million USD, incurring a loss of 18.8 million USD. This Whale had purchased 30,838 ETH at an average price of 3,581 USD between November 3 and November 10, totaling a value of 110 million USD.

Written by: White55, Mars Finance
On Tuesday, gold prices fell for the fourth consecutive trading day, dragged down by a strong dollar and bleak prospects for a rate cut in the U.S. next month.
As of the time of writing, spot gold has fallen by 0.5%, briefly dipping below the $4000 level during the session, and is now quickly rebounding to around $4040.
Marex analyst Edward Meir stated: "The dollar has strengthened slightly today, and some speculative long positions have decreased over the past week. The gold market is now entering a consolidation phase."
The US dollar index remained stable against major currency exchange rates after a significant rise on the previous trading day. A strong dollar makes gold, priced in other currencies, more expensive.
Last week, U.S. lawmakers reached an agreement to end the longest government shutdown in the country's history. During the shutdown, the absence of official economic data weakened market expectations for a rate cut by the Federal Reserve in December.
Federal Reserve

According to Mars Finance, Circle has minted approximately 2.25 billion USDC on the Solana blockchain in the past 7 days, according to SolanaFloor statistics. This brings the total minted amount of USDC on the Solana blockchain to 41.75 billion USD by 2025.

According to Mars Finance, the blockchain analysis platform Bubblemaps has monitored that two wallets related to the Meme coin LIBRA scandal supported by Argentine President Milei, after a period of silence, exchanged 60 million USDC for SOL.

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Original Title: "Build What’s Fundable" Original Author: Kyle Harrison Translated by: Jiahua, ChainCatcher
In 2014, I had just sold my first company. The money wasn’t a lot, but at the time it felt like all the wealth I had needed for a long time. After that, I felt myself being pulled in several different directions. I had previously written about one of those paths and the self-exploration that led me to venture capital. But at that time, there was another force pulling me to create something else.
I don't want to start a business just for the sake of starting a business; I hope it can be more meaningful and find a problem worth solving. While searching for meaningful problems, I came across Y Combinator (YC).

According to Mars Finance, on November 18, Coindesk reported that Mastercard has chosen Polygon to build a new type of encryption transfer system, allowing cryptocurrency transfers using readable usernames instead of complex wallet addresses. According to the press release from Mastercard, its "crypto credential" technology standardizes blockchain address verification by creating human-readable aliases for verified users. The encryption payment API company Mercuryo will be responsible for identity verification and alias issuance, allowing users to bind these aliases to hosted wallets. This model mimics the operational logic of applications that transfer funds using usernames rather than bank account information, with the system assigning a unique name that can be linked to a wallet. Users can also apply to generate credential tokens on Polygon, which not only demonstrate their wallet's support for verified transfer functions but also assist applications in completing credential-based transactions.

According to Mars Finance news, data from Arkham shows that at 17:14, 2000 ETH (worth approximately $6.0899 million) was transferred from Null Address to an anonymous address (starting with 0x5463C...). Subsequently, that address transferred 2000 ETH to another anonymous address (starting with 0x4352C...).

According to Mars Finance, Bloomberg analyst Eric Balchunas posted on the X platform: "Based on a 20-day time cycle, I believe Grayscale will launch its first DOGE ETF within a week. It's not 100% certain until the exchange makes an official announcement, but the outlook is optimistic according to the guidance from the SEC."

According to Mars Finance, as reported by Jin10, under the shadow of risk aversion, market risk appetite has sharply cooled, putting pressure on almost all asset classes. The volatility index of the Eurozone stock market - the Euro Stoxx Volatility Index rose by 2.4 points to 22.6, reaching its highest level since the big dump of US regional banks in mid-October, although the index is still far below the high of 53.5 reached in April.