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Wu Blockchain· 2026-05-11 12:22AI Processing
Ronin to Migrate From Gaming Sidechain to OP Stack Ethereum Layer 2 on May 12Ronin will transition from an independent gaming sidechain to an Ethereum Layer 2 network based on the OP Stack on May 12, ending its operation as a standalone sidechain since 2021. The migration is expected to cause around 10 hours of downtime and will reduce RON annual inflation from over 20% to below 1%. Ronin was previously hit by a roughly $625 million bridge exploit in 2022, one of the largest cross-chain bridge hacks in DeFi ...
X @Wu Blockchain
Wu Blockchain· 2026-05-11 12:09
Strategy Buys 535 BTC for $43M, Holdings Rise to 818,869 BTCStrategy acquired 535 BTC for approximately $43 million between May 4 and May 10 at an average price of around $80,340 per bitcoin. As of May 10, 2026, the company holds 818,869 BTC acquired for approximately $61.86 billion at an average cost basis of around $75,540 per bitcoin. Strategy also said its BTC Yield reached 9.4% YTD 2026. https://t.co/qPfSheo9ZG ...
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Wu Blockchain· 2026-05-11 10:49
Circle Q1 Revenue Rises 20%, Raises $222M for Arc Blockchain at $3B ValuationCircle reported Q1 2026 revenue and reserve income of $694 million, up 20% year-over-year, while USDC circulation reached $77 billion and on-chain transaction volume surged 263% to $21.5 trillion.The company also announced a $222 million ARC token presale at a $3 billion fully diluted valuation, led by a16z crypto with participation from BlackRock, Apollo, ICE, SBI Group and others. Circle said Arc will serve as institutional block ...
X @Wu Blockchain
Wu Blockchain· 2026-05-11 10:34
Circle Raises $222M for Arc Blockchain Token at $3B ValuationCNBC reported that Circle raised $222 million through a presale of Arc, the native token of its new institutional-focused blockchain, valuing the network at $3 billion fully diluted. The round was led by Andreessen Horowitz, with participation from BlackRock, Apollo, ICE, SBI Group, ARK Invest and others. Circle CEO Jeremy Allaire said Arc aims to serve as blockchain infrastructure for institutional finance and AI-driven economic activity, marking ...
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Wu Blockchain· 2026-05-11 08:40
Source: https://t.co/8V3hJscooJ ...
X @Wu Blockchain
Wu Blockchain· 2026-05-11 08:39
CoinShares: Crypto Funds See $857.9M Weekly Inflows as CLARITY Act Lifts SentimentCoinShares reported that digital asset investment products saw $857.9 million in inflows last week and total AuM rose to $160 billion. Bitcoin led with $706.1 million in inflows, while Ethereum, Solana, and XRP recorded inflows of $77.1 million, $47.6 million, and $39.6 million respectively. Short-Bitcoin products saw $14.4 million in outflows, the largest this year. ...
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Wu Blockchain· 2026-05-11 00:41AI Processing
Source: https://t.co/tUg0TFnhwY ...
X @Wu Blockchain
Wu Blockchain· 2026-05-11 00:40AI Processing
Morgan Stanley’s MSBT Sees $194M in First-Month Inflows, No Daily Net OutflowsMorgan Stanley’s Morgan Stanley Bitcoin Trust(MSBT)recorded $193.6 million in cumulative net inflows and $239.6 million in net assets from its April 8 launch to May 7, with 17 days of inflows, five flat days and no daily net outflows. Amy Oldenburg, Morgan Stanley’s head of digital asset strategy, said MSBT posted $30.6 million in first-day inflows and about $34 million in trading volume, marking the bank’s strongest ETF debut. ...
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Wu Blockchain· 2026-05-10 22:00
Bybit CEO Ben: Why We Didn't Renew the F1 SponsorshipIn an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou @benbybit explained why the company did not renew its Red Bull F1 sponsorship. He said the commercial value of F1 sponsorship had been declining year by year, while the cost of activating all the sponsorship rights kept rising. Maintaining the execution team alone could cost far more than the sponsorship fee, making a renewal unlikely to break even.Zhou also noted that the same guests we ...
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Wu Blockchain· 2026-05-10 20:01AI Processing
@phongle Source: https://t.co/Q7wWBwwDdT ...