LM Funding, a cryptocurrency mining and technology-focused professional financial company listed on NASDAQ, announced its unaudited financial report for the new period ending on November 30, 2024. The report revealed that the company's mining output in November was 7.4 BTC, slightly higher than the 7.3 BTC mining output in November. The company currently holds 142.2 BTC, worth about $14.2 million (based on the Bitcoin price of $100,000 on December 6).
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
LM Funding released its latest financial report and disclosed that it holds 142.2 BTC
-
Wechat scan to share
Recommended for you
-
Bank of America Warns Market Risk Aversion May Last Until Mid-November Amid Three Ongoing Risks
On October 23, Bank of America strategist Michael Hartnett stated in a recent client report that the current global market risk aversion may continue until mid-November. He emphasized a tactical caution towards risk assets until the uncertainties surrounding AI financing risks, pressure in the French bond market, and the U.S. midterm elections are alleviated. In terms of liquidity, although investors are shifting towards defensive positions, technology stocks remain crowded. EPFR Global data shows that technology stock funds recorded the largest inflow since July in the past week, while Bank of America's October fund manager survey indicates that global investors' allocation to technology stocks has reached its highest level since August 2020. Hartnett believes that if the credit spreads related to AI super cloud companies peak, it could signal an important improvement in risk appetite. He is also monitoring the yield on French 10-year government bonds and the France-Germany yield spread, as well as the policy uncertainties surrounding the U.S. midterm elections on November 3. Until these risks are re-priced, the market may maintain a defensive stance in the short term. -
Whale Transfers 4,000 BTC Worth Approximately $327 Million to Exchanges in 5 Hours
On October 23, according to monitoring by Lookonchain, a whale transferred a total of 4,000 BTC, worth approximately $327 million, to Binance and Deribit within the past 5 hours. -
QCP: AI Credit Pressure Spreads, Dragging Down Stock Market and Bitcoin, Funds Shift to Long-term US Treasuries
On October 23, QCP stated that credit risks related to AI infrastructure are accelerating in repricing. CoreWeave's bond yield has risen to about 15% this year, and its stock price fell by 10% on October 22, as the market begins to reassess high financing costs and debt sustainability. This pressure has spread from CoreWeave to the broader neocloud infrastructure sector, dragging down the performance of tech stocks and crypto assets, while pushing funds towards long-term US Treasuries. In Europe, the yield on France's 10-year government bonds has surpassed 5%, exceeding 5.1% on October 22, with the spread against German bonds widening to about 170 basis points, reflecting an increase in fiscal and credit risk premiums in the Eurozone. Meanwhile, geopolitical tensions in the Middle East have pushed Brent and WTI crude oil prices to five-month highs, further increasing inflation and monetary policy uncertainty. QCP noted that the market pricing for a rate hike by the Federal Reserve in October is close to zero, but confidence in a rate cut in December has also declined. Bitcoin continues to weaken alongside stocks and other risk assets, showing no independent trend, and currently reflects more of a macro risk appetite. -
National Informationization 14th Five-Year Plan: Development of High-Performance AI Chips and Highly Available Software Stacks
The Central Cybersecurity and Informatization Commission has issued the 'National Informationization 14th Five-Year Plan.' It proposes the development of high-performance artificial intelligence chips and highly available software stacks. The plan aims to layout technologies for highly intelligent smartphones, computers, wearable devices, and more. It also focuses on the development of embodied intelligence technologies such as unmanned vehicle terminals and humanoid robots. The plan emphasizes accelerating research and development in quantum computing, quantum communication, and quantum precision measurement technologies. It aims to promote research on quantum security protection technologies and expedite the study of post-quantum cryptography. Additionally, it includes the development and application of brain-machine interface systems, as well as systems and devices for signal acquisition, neural decoding, disease diagnosis and treatment, and virtual-real manipulation. -
ETH Falls Below $2400
Market data shows that ETH has fallen below $2400, currently priced at $2399.83, with a 24-hour decline of 0.1%. The market is experiencing significant volatility, so please ensure proper risk management. -
State Council: Accelerate the Development of New Professions in the Field of Artificial Intelligence
On October 23, the 'Opinions on Adapting to the Development of Artificial Intelligence Technology to Support the Construction of an Employment-Friendly Development Model' pointed out the need to cultivate and widely apply artificial intelligence scenarios. It emphasizes the acceleration of the development of new professions and the release of new occupational standards, expanding the demand for new roles such as digital management specialists, artificial intelligence engineering technicians, and artificial intelligence trainers. Localities are encouraged to establish relevant professional title evaluation specialties in line with the needs of the artificial intelligence industry and to promptly carry out skill level assessments for professions related to artificial intelligence. -
Ministry of Finance: Progress on 6 Trillion Yuan Hidden Debt Replacement Limit Reaches 98.3%
On October 23, Zhao Zeyong, Deputy Director of the Debt Management Department of the Ministry of Finance, introduced at a press conference that from January to September this year, a total of 1.8977 trillion yuan in special bonds for replacing existing hidden debts was issued nationwide, completing 95% of the annual limit of 2 trillion yuan. The progress on the issuance limit for replacing hidden debts of 6 trillion yuan has reached 98.3%. (Securities Times) -
OpenAI Fires 3 Security Researchers Amid Signal Chat and Model Information Leak Investigation
On October 23, The Wall Street Journal reported that OpenAI has fired three security researchers. Internal security personnel discovered that they had engaged in disappearing message chats via Signal with external AI security researchers, raising suspicions that sensitive information related to OpenAI's internal model design was involved. This investigation reportedly began following a September article about OpenAI's latest model, Astra. The article mentioned that Astra employs a new design that enhances model capabilities while reducing the observable reasoning processes for humans. OpenAI viewed the related report as a potential leak of internal model design and initiated a probe into the source of the information. The report also highlighted that this controversy touches on the issue of AI model 'monitorability.' Some security researchers are concerned that if future models can perform tasks without leaving complete traces of their reasoning, it may become more challenging for researchers to determine the reasons behind an AI agent's decisions, as they would only be able to observe the outcomes of its actions. OpenAI investigators have also identified Ryan Greenblatt, who assisted METR in analyzing the logs of the July Hugging Face hacking incident, as one of the suspected leakers, a claim Greenblatt denies. -
Sources: Bank of Japan Expected to Continue Rapid Rate Hikes
On October 23, sources indicated that the Bank of Japan is expected to continue rapid interest rate hikes, with a focus on December. The Bank of Japan stated that the current interest rate level is still significantly distant from the neutral rate. The Bank believes that inflation needs to stabilize near its target. -
CSRC Approves Establishment of Citigroup Securities (China) Co., Ltd.
On October 23, the China Securities Regulatory Commission (CSRC) approved the establishment of Citigroup Securities (China) Co., Ltd. (hereinafter referred to as Citigroup China). Citigroup China is registered in Shanghai with a registered capital of 1.2 billion RMB. Its business scope includes securities brokerage, securities investment consulting, securities underwriting and sponsorship, and proprietary securities trading. The sole shareholder is Citigroup Global Markets Holdings Inc., which holds 100% of the investment. (CSRC)
Daily Must-Read
-
KeyFlow: As AI Agents Enter Large-Scale Collaboration, Value Flow Is Becoming a New Foundation of the Intelligent Economy
-
OpenAI Just Gave Agents Their Own Computers: AI Is Finally Starting to “Go to Work” — and UniKey’s Next Step Is Bigger Than Agent Factory
-
Breaking the Monopoly of Market Makers: DMDAI’s Autonomous AI Hash Power Network and Distributed Computing Infrastructure Open the Door to Community-Driven Market Making
-
Rebuilding On-Chain Liquidity Sovereignty: How the COMM Protocol Tackles LVR Losses and Captures Cash Flow for the Community
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
All Comments