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X @Wu Blockchain
Wu Blockchain· 2025-09-25 04:41
South Korea’s largest search engine has acquired South Korea’s largest cryptocurrency exchange, essentially the Google of South Korea acquiring its own Coinbase. ...
X @Wu Blockchain
Wu Blockchain· 2025-09-25 03:44
Naver Financial, the fintech arm of South Korea’s largest portal Naver, has agreed to a share-swap deal with Dunamu, operator of Upbit. The move effectively gives Naver control of Korea’s No.1 crypto exchange and marks its entry into the digital finance and won-pegged stablecoin market.https://t.co/JFyYGzQlDq ...
X @Wu Blockchain
Wu Blockchain· 2025-09-25 02:03
South Korea’s largest crypto exchange Upbit announced it will list XPL with KRW, BTC, and USDT trading pairs.https://t.co/Zc0ephpiKx ...
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Wu Blockchain· 2025-09-25 01:27
Griffin AI (GAIN), which launched on Binance Alpha yesterday, briefly plunged over 90%. On-chain data shows that at 7:04 AM (UTC+8) today, address 0xF3…8Db2 minted 5 billion GAIN from Null: 0x00…0000, increasing the total supply to 5.2985 billion. Shortly after, the address dumped 147.5 million GAIN on PancakeSwap, profiting at least 2,955 BNB, which was then bridged via deBridge.https://t.co/hA1h9Oa6op ...
X @Wu Blockchain
Wu Blockchain· 2025-09-24 23:30
Technology & Scalability - Ethereum co-founder Vitalik Buterin highlights PeerDAS as Fusaka's core feature, enabling data availability scaling by allowing nodes to verify and reconstruct blocks without storing full data [1] - PeerDAS is considered key to Layer 2 (L2) scaling and eventually Layer 1 (L1) scaling for Ethereum [1] Future Outlook - Blob counts will initially rise conservatively [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-24 14:42
Listing Announcement - Coinbase will list Australian dollar stablecoin AUDD and Singapore dollar stablecoin XSGD starting September 29 at 19:00 (UTC) [1] - AUDD, issued by AUDC Pty Ltd, is fully collateralized and redeemable 1:1 for AUD [1] - XSGD, issued by StraitsX, is fiat-backed and recognized by the Monetary Authority of Singapore (MAS) [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-24 13:11
CZ on the Frontiers of Web3 and FinTech:At BNB Chain’s 5th anniversary Q&A, Binance founder CZ discussed RWA, DeSci, and on-chain assets. He noted RWA tokenization faces compliance and liquidity hurdles, listed firms rely on intermediaries due to regulation, and DeSci is limited by long research cycles but could take off with a breakthrough. On on-chain assets, he emphasized their role in innovation, with regulatory clarity as the main barrier.Read morehttps://t.co/sUDR3PSEwx ...
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Wu Blockchain· 2025-09-24 12:08
Stablecoin Launch - Native Markets' USDH stablecoin launched on Hyperliquid with a USDH/USDC trading pair [1] - Early trading volume for the USDH/USDC pair reached approximately $2.2 million [1] Reserve and Transparency - USDH reserves are reportedly fully backed by cash and short-term U S Treasuries [1] - The reserve management strategy involves a mix of off-chain management and on-chain allocation [1] - Transparency is maintained through oracle feeds [1]
X @Wu Blockchain
Wu Blockchain· 2025-09-24 11:35
Mechanism Capital co-founder Andrew Kang criticized BitMine chairman Tom Lee’s Ethereum thesis, arguing that stablecoin and RWA growth hasn’t boosted ETH fees, activity is shifting to Solana and Arbitrum, the “digital oil” analogy is misleading, institutions aren’t buying ETH, and technicals show range-bound weakness.https://t.co/C0vC1gEO2n ...
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Wu Blockchain· 2025-09-24 09:34
BitMine Chairman and Fundstrat co-founder Tom Lee said Ethereum is a “truly neutral chain” poised to be Wall Street and the White House’s top choice, predicting a 10–15 year “super cycle.” He expects Bitcoin to reach $200K–$250K and Ethereum $10K–$12K by year-end, with ETH potentially breaking prior highs into the $12K–$15K range.https://t.co/8jxQGjdMNI ...