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Wu Blockchain· 2026-02-08 06:58
According to FT, Tether is accelerating its expansion, seeking to evolve from a crypto infrastructure provider into a diversified group. Its portfolio now includes about 140 investments, headcount is around 300, and it plans to hire 150 more staff. Sources say new CFO Simon McWilliams is strengthening governance and centralizing finance and operations in London.https://t.co/cfkfysKehh ...
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Wu Blockchain· 2026-02-08 05:44
Vitalik: Crypto Innovation Should Learn to Respect Local "Old Habits"On Feb 3, during a dialogue with P2P Foundation founder Michel Bauwens at the ETHChiangmai 2026 Summit, Vitalik Buterin noted that the crypto industry faces significant resistance from "user habits" when introducing new mechanisms. He observed that users struggle to break the "ERC-20 mindset," hindering asset experiments such as Harberger Tax NFTs. He suggested that on-chain ROSCAs might be more successful in Thailand or the "Global South" ...
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Wu Blockchain· 2026-02-08 04:26
According to @ai_9684xtpa, on-chain addresses linked to Trend Research have transferred the final 0.148 ETH to Binance, completing a full liquidation. Over the past eight days, Trend Research sold roughly 658,000 ETH worth about $1.354 billion, with an average cost of ~$3,104 and an average sell price of ~$2,058, resulting in an estimated loss of ~$688 million. All prior profits of ~$315 million have been wiped out, turning into a net loss of ~$373 million.https://t.co/LP2Kddigcr ...
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Wu Blockchain· 2026-02-08 04:14
Huobi and Avenir Group founder Li Lin have denied rumors that they are investors in Trend Research or Garrett, and stated that they did not reduce their BTC or ETH holdings during this market downturn. Avenir is the largest institutional holder of Bitcoin ETF in Asia. Earlier rumors suggested that a large Hong Kong fund was liquidated, triggering the recent market crash. ...
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Wu Blockchain· 2026-02-08 02:04
Nasdaq-listed Forward Industries, the largest publicly traded Solana treasury company, is facing a difficult period. FWDI currently holds nearly 7 million SOL, more than the next three competitors combined. Its average SOL acquisition cost is about $232; at the current price near $85, the holdings are valued at roughly $600 million, implying an unrealized loss of nearly $1 billion. FWDI shares have also fallen from nearly $40 at last year’s peak to around $5.https://t.co/Y3WBsmUrr6 ...
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Wu Blockchain· 2026-02-07 23:16
Data from multiple major exchanges show abnormal price fluctuations in BTC and ETH between 00:05 and 00:17 today, with peak-to-trough moves of approximately 1%–5%. The market speculates that the move may be related to irregular grid-trading activity by some market makers. https://t.co/MNhEzlB5SS ...
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Wu Blockchain· 2026-02-07 20:00
Scott Bessent: No Authority to Require Banks to Buy Bitcoin or Invest Taxpayer MoneyOn February 4, 2026, during a congressional hearing, U.S. Treasury Secretary Scott Bessent clarified that neither the Treasury nor the FSOC has the authority to "bail out" Bitcoin or require banks to purchase it as part of their reserves. He emphasized that taxpayer dollars will not be invested in crypto assets, noting that the Bitcoin currently held by the government consists of seized assets, which are distinct from funds ...
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Wu Blockchain· 2026-02-07 17:52
Mempool developer Mononaut said Bitcoin mining difficulty has dropped 11.16% to 125.86 T, marking the largest single negative adjustment since China’s mining crackdown in July 2021 and the 10th-largest decline in Bitcoin’s history. The drop was largely driven by weather-related mining curtailments in late January, while implied hashrate data shows signs of recovery later in the current difficulty adjustment epoch. https://t.co/gRi84D5toK ...
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Wu Blockchain· 2026-02-07 16:20
Tom Lee: Why Invest in MrBeast?Tom Lee, Chairman of Bitmine, said in a January 20 interview with The Master Investor Podcast with Wilfred Frost that MrBeast has a global audience exceeding one billion, yet his influence has long been underestimated on Wall Street. He noted that MrBeast has a unique advantage in advancing financial education, while at the infrastructure level banks are increasingly viewing blockchain as the future and choosing Ethereum as the underlying layer for deploying smart contracts an ...
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Wu Blockchain· 2026-02-07 15:03
A spokesperson for prediction market Kalshi disclosed that Giannis's stake is less than 1%. Based on Kalshi's recent $11 billion valuation, a 1% stake is worth $110 million. ...