Daily Summary, 31 October

Main News of the Day, October 31

Crypto Market and Finance
* Tether: The company reported a record profit of $10 billion for the third quarter of 2025.
* Coinbase: The cryptocurrency exchange reported revenue of $1.87 billion for the third quarter.
* MegaETH: The public sale of the MEGA token concluded with a record — more than 50,000 participants and over $1.39 billion in funds raised, making it one of the largest ICOs in history.
* Western Union: The company filed an application to register the trademark “WUUSD,” which may indicate plans to issue a stablecoin.

Regulation and Security
* Russia: Telecommunications operators were ordered to stop the transmission of SMS and calls from Telegram and WhatsApp messengers, which limits their registration in the country.
* Tether, TRON, TRM Labs: Over the past year, approximately 300,000,000 USDT connected to illegal activity were blocked.
* Russia (Irkutsk Region): An illegal mining farm with a capacity of 10 MW, operating on the premises of a former concrete products plant with numerous violations, was eliminated.

Corporate and Market Events
* Riot Platforms: The miner reported that the average cost of mining 1 BTC in the third quarter was $46,324.
* Nakamoto Holdings: The company’s shares fell by more than 98% from the May peak after a mass sell-off by investors.
* Sam Bankman-Fried: The founder of FTX stated that the cryptocurrency exchange allegedly was never insolvent.

Other Events
* Historical Date: October 31 marked 17 years since the publication of the Bitcoin White Paper by Satoshi Nakamoto.
* Venezuela: The country is creating a platform that will combine traditional banking services with blockchain technologies, including stablecoins.