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Wu Blockchain· 2025-10-27 20:43
ETHZilla announced a $40 million share repurchase as its stock trades well below net asset value (NAV). Since October 24, the company has bought back approximately 600,000 shares for $12 million under its $250 million buyback authorization. Chairman and CEO McAndrew Rudisill said the repurchases are being funded using the company’s balance sheet, including proceeds from ETH sales. https://t.co/WgCQWUk8kR ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 20:05
ETF Listings & Approvals - Canary's spot LTC and HBAR ETFs are scheduled to begin trading on Nasdaq tomorrow [1] - NYSE has approved 8-A filings for Bitwise's spot SOL ETF [1] - Grayscale's GSOL conversion is set to launch on Wednesday [1] Regulatory & Operational Context - ETFs can proceed despite the government shutdown due to a clause in the amended S-1s allowing automatic effectiveness after 20 days [1] - 8-A filings finalize the listings [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 19:17
Potential Fed Chair Nominee - Trump may announce his nominee for Federal Reserve Chair by year-end [1] - Jerome Powell's term ends in May 2026 [1] - Shortlist includes Christopher Waller, Michelle Bowman, Kevin Hassett, Kevin Warsh, and Rick Rieder [1] Digital Asset Stance - All five candidates are generally viewed as supportive of digital assets [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 18:42
On October 27, 2025, S&P Global Ratings assigned a ‘B-’ issuer credit rating with a stable outlook to Strategy Inc. (formerly MicroStrategy Incorporated). The rating reflects the company’s highly concentrated bitcoin strategy, limited U.S. dollar liquidity, and weak risk-adjusted capitalization, partially offset by its strong access to capital markets and prudent management of debt maturities. https://t.co/xrrgiUlM6A ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 17:49
Coinbase Asset Management (CBAM) and Apollo have announced a strategic partnership to develop stablecoin-based credit investment strategies, with product launches expected in 2026. The initiative will focus on three core areas: overcollateralized lending against digital assets, direct lending to stablecoin issuers and payment platforms, and tokenized credit structures. https://t.co/es209N2LOS ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 17:35
On October 27, 2025, NYSE Arca notified the U.S. SEC of its approval to list and register the Bitwise Solana Staking ETF under the Securities Exchange Act of 1934. A dedicated NYSE page for the ETF is now live, though trading has not yet commenced. Multicoin Capital co-founder Kyle Samani previously claimed the ETF would launch on October 28 but later deleted the post for unknown reasons. https://t.co/mTTWBWPIk1 ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 16:48
According to Multicoin Capital co-founder Kyle Samani, NYSE Arca has certified the listing and registration of the Bitwise Solana Staking ETF under the Securities Exchange Act of 1934, with the ETF set to go live on Tuesday, October 28, 2025. https://t.co/mTTWBWPIk1 & https://t.co/ZS0qMrFtRy ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 16:07
Partnerships & Initiatives - Citigroup partnered with Coinbase to explore stablecoin-based cross-border payments for corporate clients [1] - The initiative aims to simplify crypto-fiat conversions and enable faster settlements [1] - Citi is considering launching on-chain stablecoin payments in the coming months [1] Market Focus - The initiative is designed to meet institutional demand for programmable and 24/7 transactions [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 15:05
Technology & Security - Vitalik explores ZK's potential in privacy computing, trusted hardware execution, and Web3 infrastructure [1] - Proposes a new security perspective: "Not your silicons, not your keys" [1] - Highlights the reliance of blockchain operations on cryptography, private keys, and algorithms, all dependent on hardware [1] - Emphasizes the importance of hardware trust for the security of blockchain operations [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 13:20
IBM has announced the launch of its enterprise crypto services platform, Digital Asset Haven, set to go live by the end of 2025. The platform, built on technology from French wallet infrastructure firm Dfns, will offer custody and payment services for institutional clients, especially banks, and support integration with over 40 public and private blockchains.https://t.co/PnJsOP672S ...