The Q3 Bitcoin mining report released by CoinShares shows that the weighted average cash cost of listed miners to produce 1 Bitcoin increased to approximately $55,950, an increase of 13% from Q2, and the total cost including non-cash costs was approximately $106,000. Although mining remains profitable at the current Bitcoin price of $100,000, the rapid growth of network computing power and the fact that some miners are investing funds in AI infrastructure or hoarding coins (HODL) strategies have weakened computing power growth and increased costs. High electricity prices in Texas in the summer have further pushed up production costs for some miners.

Today we will focus on this issue and study and research representative cases from courts across Zhejiang.

According to an announcement by the U.S. Department of Justice, Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison and ordered to pay $1,095,031 in restitution for filing a false tax return that falsely reported capital gains from the sale of $3.7 million worth of Bitcoin. This is the first criminal tax evasion case solely targeting cryptocurrency.

The instance will support lending of ETH, WBTC, USDC and USDT. AaveDAO will receive 20% of the protocol fee income of the instance and 7% of $WLFI tokens for governance participation and liquidity incentives.

In this transaction, SG-Forge used its 2020 bonds as collateral through the Ethereum blockchain in exchange for the central bank digital currency (CBDC) issued by the Bank of France on its proprietary DL3S blockchain.

BNB Chain announced today that it has opened the application for the ninth season of the MVB program. BNB Chain is committed to promoting AI innovation in Web3, with AI First as the core focus. MVB9 aims to attract more projects and developers that combine AI scenarios to jointly build an AI First BNB Chain. It also welcomes projects in application and middle-layer categories such as DeFi, DeSci, games and social networking to participate, and encourages various explorations and innovations combined with AI scenarios.

Binance announced that it will launch the 62nd Launchpool project - Vana (VANA), an EVM-compatible user data ownership blockchain. Users can obtain VANA airdrops by locking BNB and FDUSD starting at 00:00 (UTC) on December 14, and the event will last for two days. Binance will launch VANA at 10:00 (UTC) on December 16, and open VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs. The maximum token supply of VANA is 120 million, of which 4.8 million are Launchpool rewards.

KaJ Labs, the developer of the innovative enterprise platform Atua AI, announced an investment of $100 million to build advanced AI tools specifically for the Ripple (XRP) ecosystem. The initiative aims to leverage Ripple's efficient and scalable infrastructure to enhance AI-driven solutions in DeFi and enterprise operations. The funds will be used to support research, AI model training, and deployment of XRP-based AI solutions, with a focus on real-time analysis and automated workflows.