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- 04:41Canaan launches 2.5 MW Bitcoin mining pilot project in CanadaJinse Finance reported that Canaan has launched a 2-megawatt pilot project in Calgary, Alberta, Canada, to conduct bitcoin mining operations powered by stranded natural gas. The mining hardware manufacturer announced on Monday that it is collaborating with Calgary-based Aurora AZ Energy Ltd. to advance the deployment of this project. The project will convert natural gas that would otherwise be flared or left idle into electricity, directly powering bitcoin mining operations at the oil and gas wellhead. This 2.5-megawatt offsite location will deploy 700 units of Canaan’s latest Avalon A15 Pro miners—valued at over $2 million—and will also be equipped with containerized data modules.
- 04:40Sun Wukong has launched contract trading for AIA, COAI, STBL, and AVNT.ChainCatcher news, the world's first Chinese decentralized perpetual contract exchange, Sun Wukong, has added new USDT-margined contract trading pairs: AIA/USDT, COAI/USDT, STBL/USDT, and AVNT/USDT, supporting up to 20x leverage. According to official social media sources, Sun Wukong launched a special welcome event on October 12, offering users an airdrop reward of 5 million SUN tokens. Currently, 86% of the prize pool has been claimed. The event will last for 72 hours and is still ongoing.
- 04:40The total market capitalization of stablecoins has increased by approximately $10 billion over the past three weeks, now surpassing $310 billions and reaching a new all-time high.ChainCatcher reported that the total market capitalization of stablecoins has surpassed $310 billion, setting a new all-time high. It currently stands at $310,788,054,325, with a 24-hour market cap increase of 0.3%. Among them, Tether (USDT) ranks first with a market cap of $179.969 billion, while USDC ranks second with a market cap of $75.835 billion. Historical data shows that the total market capitalization of stablecoins surpassed $300 billion around September 25, which means it has grown by approximately $10 billion over the past three weeks.