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Wu Blockchain· 2025-11-19 06:58
Malaysia’s Ministry of Energy said national utility TNB has lost over $1.1 billion from electricity theft by crypto miners between 2020 and August 2025, with 13,827 sites found illegally modifying or bypassing meters to power mining operations. https://t.co/MrbAWpHBZD ...
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Wu Blockchain· 2025-11-19 06:32
Company Stance on Bitcoin - MicroStrategy can withstand an 80%-90% drawdown in BTC and continue operations [1] - MicroStrategy's Executive Chairman is not concerned about further declines in BTC [1] Bitcoin Volatility - Bitcoin volatility is steadily decreasing [1] - Bitcoin volatility is currently around 50% annually [1] - Bitcoin volatility was around 80% when MicroStrategy began buying in 2020 [1] - Expectation for Bitcoin volatility to fall towards 150% (1.5x) of the S&P 500's volatility [1] Market Impact - Wall Street capital hasn't harmed Bitcoin [1] - Expectation for Bitcoin performance to reach 150% (1.5x) of the S&P 500's performance [1]
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Wu Blockchain· 2025-11-19 06:17
On Nov 18 (ET), Bitcoin spot ETFs recorded a total net outflow of $373 million, marking five consecutive days of outflows. Ethereum spot ETFs saw $74.22 million in total net outflows over six consecutive days. Meanwhile, Solana spot ETFs posted a total net inflow of $30.09 million, with the launch of Fidelity Solana Fund and Canary Marinade Solana ETF. https://t.co/rbT9YeUa8a ...
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Wu Blockchain· 2025-11-19 05:23
The initiative — first reported by Bloomberg in October — was led by the founders of Huobi, HashKey, and Fenbushi Capital, among the largest crypto whales in Asia. Sources said the plan was halted mainly due to the market downturn following the sharp October 11 sell-off. ...
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Wu Blockchain· 2025-11-19 05:23
Exclusive: The US$1 billion Ethereum DAT proposed by leading Asian crypto investors has been shelved, and the committed capital has been returned. Multiple authoritative sources confirmed the development to WuBlockchain. https://t.co/qszUTBbW3NWu Blockchain (@WuBlockchain):According to Bloomberg, Huobi founder Li Lin is collaborating with Shen Bo (co-founder of Fenbushi Capital), Xiao Feng (CEO of HashKey Group), and Meitu founder Cai Wensheng, among other early Asian Ethereum supporters, to establish a new ...
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Wu Blockchain· 2025-11-19 02:47
Vitalik Buterin warned at the Devconnect conference that elliptic curve cryptography could be broken by quantum computing before the 2028 U.S. presidential election, urging Ethereum to upgrade to quantum-resistant cryptography within four years. He also stated that future innovation should shift to Layer2, wallets, and privacy tools, rather than the core protocol layer. https://t.co/ytRLUWvTLA ...
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Wu Blockchain· 2025-11-19 00:29
According to Crypto in America, New Hampshire’s Business Finance Authority (BFA) has approved a $100 million Bitcoin-backed municipal conduit bond, the first of its kind in the U.S., Crypto in America reports. This follows the state’s earlier move to allocate up to 5% of its treasury to digital assets. Fees and returns from the BTC collateral will fund the state’s Bitcoin Economic Development Fund to support innovation and entrepreneurship. https://t.co/sgdEfOAiDa ...
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Wu Blockchain· 2025-11-18 21:24
According to Fortune, Kraken secured a $200 million strategic investment from Citadel Securities at a $20 billion valuation, following a $600 million raise in September at a $15 billion valuation. The $800 million total will support global expansion, new payment products, and balance-sheet strengthening ahead of its planned IPO next year. https://t.co/d5Vjk1nPqZ ...
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Wu Blockchain· 2025-11-18 19:02
The OCC issued Interpretive Letter 1186, confirming that national banks may pay blockchain network fees for otherwise permissible activities and hold on their balance sheets the crypto-assets needed for such fees, as well as the crypto-assets needed to test otherwise permissible crypto-asset-related platforms. https://t.co/xNoUaBLmA3 ...
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Wu Blockchain· 2025-11-18 15:45
According to Fortune, Bitcoin mining company Bitfury has announced a $1 billion “Ethical Technology & AI” investment initiative. It plans to deploy $200 million over the next year, with the remainder gradually allocated over the coming years. Bitfury’s target investment areas include AI, quantum computing, transparent decentralized systems, and self-sovereign identity (SSI), among others.https://t.co/wdgIaVi81l ...