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Wu Blockchain· 2025-10-27 03:33
Market Trends - Spot Bitcoin ETFs experienced a net inflow of $446 million for the week of October 20-24 [1] - BlackRock's IBIT led Bitcoin ETF inflows with $324 million [1] - Spot Ethereum ETFs recorded a net outflow of $244 million [1] ETF Performance - Fidelity's FETH led Ethereum ETF outflows with $9525 million [1] - None of the nine Ethereum ETFs posted a net inflow [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 02:53
Stablecoin Launch - JPYC Inc officially launched its yen-denominated stablecoin, JPYC [1] - JPYC also released its dedicated issuance and redemption platform, JPYC EX [1] - The stablecoin is pegged 1:1 to the Japanese yen [1] - JPYC is fully backed by bank deposits and government bonds [1] Blockchain Support - Initial support includes issuance on Avalanche, Ethereum, and Polygon blockchains [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-27 01:25
Ant Group, China's largest internet finance company, applied to register a series of trademarks related to virtual assets, stablecoins, and blockchain in Hong Kong this year, including "ANTCOIN," possibly as a preparatory step for future expansion of related businesses.https://t.co/Px7f7o5PZX ...
X @Wu Blockchain
Wu Blockchain· 2025-10-27 00:46
Western Union revealed in its Q3 earnings call that it will launch a stablecoin settlement pilot to reduce reliance on traditional correspondent banks and improve efficiency via on-chain networks. The company processes around 70 million transfers each quarter across 200+ countries.https://t.co/UF6HfyqVYw ...
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Wu Blockchain· 2025-10-26 11:27
Asia’s weekly TOP10 crypto news (Oct 20 to Oct 26): SFC Officially Approves First Solana (SOL) Spot ETF, Kyrgyzstan to Issue National Stablecoin on BNB Chain, Russia Legalizes Crypto for Foreign Trade Payments, Japan Elects Crypto-Friendly Prime Minister Sanae Takaichi, Shanghai Reports Virtual Currency Fraud Case, Digital Identity Project World Investigated in Thailand and More https://t.co/413CAaJlXN ...
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Wu Blockchain· 2025-10-26 06:17
According to Bloomberg, Trump’s pardon may pave the way for CZ’s return and Binance’s integration of Binance US. Sources say Binance is weighing options, including merging Binance US into global operations or letting its main exchange enter the U.S. directly. Binance handles about 50% of global BTC trading, while Binance US holds <1%; Coinbase dominates the U.S. market.https://t.co/vIqxTvKIJw ...
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Wu Blockchain· 2025-10-26 03:19
Blockchain Security - Ethereum co-founder Vitalik Buterin highlights a core blockchain security property: a 51% attack cannot validate an invalid block, preventing validators from stealing user assets [1] - The industry notes this 51% attack protection is limited to on-chain activities [1] Off-Chain Risks - The report warns that in external trust scenarios, collusion by 51% of validators leaves users without recourse [1]
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Wu Blockchain· 2025-10-26 02:27
Kraken reported Q3 revenue of $648 million, up 114% year-on-year, marking an all-time high. Adjusted EBITDA reached $179 million with a profit margin of 27.6%. The exchange said the surge was driven by its 2025 acquisitions and ongoing IPO preparations.https://t.co/9BITUvrhdb(net%20of,and%20breadth%20of%20our%20platform. ...
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Wu Blockchain· 2025-10-26 00:45
According to Politico, in February, Binance and its founder Changpeng Zhao each hired crypto attorney Teresa Goody Guillén, who was previously considered by Donald Trump for the SEC chair position. Her law firm has received $290k in fees from both clients so far this year. In addition, Zhao recently enlisted Trump ally and lobbyist Ches McDowell to lobby the White House and Treasury Department, paying $450k for his work in September alone.https://t.co/NPy9UoPueO ...
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Wu Blockchain· 2025-10-25 14:37
Disclaimer: This post is sponsored by Vultisig. It does not provide any financial advice. ...