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Wu Blockchain· 2025-11-24 12:29
Security Incident - A home invasion in San Francisco resulted in the theft of approximately $11 million in digital assets [1] - The suspect, posing as a delivery driver, used a gun and tape to coerce the victim into revealing crypto wallet credentials [1] Law Enforcement - The incident occurred on Saturday morning near 18th Street in the Mission Dolores neighborhood [1] - Police have not released details regarding injuries or arrests [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-24 11:50
South Korea’s 2027 virtual-asset tax plan may face another delay due to unclear rules on taxing airdrops, staking and overseas trades, as well as insufficient tracking infrastructure for users on foreign exchanges. Experts warn that repeated postponements could erode policy credibility and urge the government to establish a dedicated task force to complete the framework. https://t.co/0jEt7IAO65 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 11:23
Arthur Hayes said liquidity is showing minor improvement, noting that Fed quantitative tightening is likely to stop on Dec. 1 and U.S. banks increased lending in November. He expects BTC to chop below $90K, with a possible dip into the low $80Ks, but believes $80K will hold. https://t.co/S5LqhiamKN ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 11:13
Digital asset investment products saw US$1.94bn of outflows last week, bringing the four-week total to US$4.92bn, the third largest outflow run since 2018. Bitcoin saw the majority of outflows totalling US$1.27bn while Ethereum saw outflows totalling US$589m. https://t.co/8ugnJR9Z3o ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 10:54
Binance has begun clawing back Alpha airdrop rewards obtained through alleged abusive arbitrage, freezing several user accounts, including one showing 14,457 USDT frozen and a debt of 10,525.77 USDT. Screenshots indicate Binance cited “improperly obtaining airdrops via violations on the Alpha platform.” Binance co-founder He Yi responded that “ordinary users are not affected.” https://t.co/dQSqd61sn8 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 10:27
Bitcoin Mining Resurgence in China - Bitcoin mining has quietly resurged in China despite the 2021 ban [1] - China now contributes about 14% of global hashrate, ranking third worldwide [1] - CryptoQuant estimates that 15%-20% of global Bitcoin mining may currently originate from China [1] Geographical Distribution - Miners have re-emerged in low-cost, energy-surplus regions like Xinjiang and Sichuan [1] - New facilities are being built in regions like Xinjiang and Sichuan [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-24 09:56
BTC is stabilizing after a 30% drop, helped by dovish Fed signals that raised December rate-cut odds to 75%. Options positioning remains bullish with heavy year-end call interest at 85k–200k, and negative funding shows leverage has been flushed out. Whether the recovery holds now hinges on upcoming U.S. data and the recent shift back to positive ETF flows. https://t.co/g8fNLNMXK5 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 09:07
South Korea’s largest crypto exchange Upbit will list MON with KRW, BTC, and USDT trading pairs. Monad is a Layer-1 blockchain that uses the Monad BFT consensus algorithm.https://t.co/KSUYs3aknQ ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 07:28
According to CryptoSlate, multiple institutions actively reduced their exposure to MicroStrategy (MSTR) in Q3 2025, cutting positions by about $5.4 billion. Notably, Bitcoin stayed near $95,000 and MSTR shares were largely flat, indicating these moves were not forced liquidations but deliberate reallocations. Major players including Capital International, Vanguard, BlackRock, and Fidelity all made significant reductions.https://t.co/SxVXl2nI0l ...
X @Wu Blockchain
Wu Blockchain· 2025-11-24 04:42
The Korea Financial Intelligence Unit (FIU) is expected to impose institutional and personal penalties on Korbit, Gopax, Bithumb, and Coinone in sequence, following Dunamu. Industry insiders expect the violations to be similar across exchanges, with penalties comparable to Dunamu’s, and most measures likely to be completed by the first half of next year. Previously, FIU fined Dunamu, the operator of Upbit, 35.2 billion KRW (about $24.35 million). https://t.co/ZpCBalQXVb ...