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Wu Blockchain· 2025-10-12 18:38
Binance attributed recent spot price anomalies to: (1) execution of legacy limit orders amid thin liquidity, some dating back to 2019 (e.g., IOTX, ATOM); and (2) UI display errors showing zero prices due to tick size changes, with actual execution unaffected. Display issues have been fixed; the API interface remains unaffected. Binance also confirmed $283M in compensation for users liquidated due to depegged collateral assets. https://t.co/Qz1WA0naQP ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 15:47
The European Banking Authority (EBA) has issued a warning that during the MiCA transitional period, some crypto service providers approved before the regulation takes full effect may exploit regulatory loopholes or engage in “jurisdiction shopping.” The EBA noted that such firms might register in EU member states with looser oversight and then operate across the bloc via passporting rights, creating risks of opaque governance and complex fund flows. https://t.co/480IPb3XoR ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 15:14
Binance market data shows ETH has rebounded above $4,000 with a 24-hour gain of 4.57%. BNB surged past $1,200, currently priced at $1,266, up 11.72% in 24 hours. CAKE is trading at $3.27 with an 18.45% increase, while ASTER stands at $1.50, gaining 15.37% over the same period. ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 14:33
Binance founder CZ addressed BNB’s recent strong price performance on Twitter, stating that unlike many projects, BNB has no market makers. He emphasized that he is unaware of any related parties buying or selling BNB in the past days or weeks. CZ highlighted that BNB’s strength comes from its builders, community, and deflationary properties. https://t.co/SirTJhNV10 ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 11:53
Crypto Liquidation Catastrophe: Post-Crash Analysis - Who Profited Amid the Chaos?On October 11, a major crypto liquidation event caused massive losses, triggered by geopolitical risks and a stablecoin depeg. While many traders suffered, trading platforms and DEXs earned record fees. Key issues included high leverage, low liquidity, and flawed liquidation processes, highlighting the need for stronger risk management. Read More https://t.co/rDM9m5k8ao ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 09:29
Market Trends & Analysis - The market experienced a 36% increase since the April lows prior to the sell-off [1] - The recent drop is the largest in six months, considered a healthy reset [1] - A surge in the VIX (Volatility Index) often indicates a near-term bottom, barring structural changes [1] Key Drivers - AI innovation wave remains a strong long-term driver [1] - Wall Street's increasing focus on blockchain technology is a key factor [1] - The Federal Reserve's shift towards an easier monetary policy cycle is supportive [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-12 09:26
Bitcoin Core 30.0 is released with new features, bug fixes, and performance improvements. Key updates include higher limits on signature operations, better support for multiple OP_RETURN outputs, and lower default fee rates. The wallet and GUI have been updated, including legacy wallet removal and Qt 6 migration. Users on versions 27.x or older should upgrade. https://t.co/sjjYcHmioE ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 06:27
Hyperliquid founder Jeff said the platform maintained 100% uptime and zero bad debt during the recent market volatility. It was the first time in over two years that Hyperliquid activated cross-margin Auto-Deleveraging (ADL). While some specific ADL trades performed poorly, overall the mechanism allowed traders to capture substantial profits through brief favorable liquidations.https://t.co/8JkhxU4MdI ...
X @Wu Blockchain
Wu Blockchain· 2025-10-12 05:11
New Product Launch - Coinbase plans to launch a new American Express card in the U S this fall [1] - The card will feature hex data from Bitcoin's genesis block [1] - The card will be available exclusively to Coinbase One subscribers [1] Cashback Program - The card offers up to 4% Bitcoin cashback [1] - Cashback is adjusted based on users' asset holdings [1]