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Wu Blockchain· 2025-12-07 01:33
SolanaFloor reports that Fluid co-founder Samyak Jain acknowledged the protocol’s vaults rehypothecate collateral to boost capital efficiency and are “not fully isolated.” In practice, SOL posted to borrow USDC can be re-lent into looped positions (e.g., JupSOL, INF), leaving users fully exposed to those assets—contrary to claims of risk isolation. https://t.co/mdJAGSB6BX ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 14:24
Binance's newly appointed co-CEO, He Yi, warned that Binance employees are prohibited from participating in the issuance and promotion of any token projects. However, the community's use of excerpts from Binance's official tweets, employee statements, and posts to issue tokens is a community activity and has nothing to do with Binance. https://t.co/US8MN15qFz ...
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Wu Blockchain· 2025-12-06 13:35
Ethereum co-founder Vitalik Buterin stated that there is a need for a trustless on-chain gas futures market. He pointed out that while fees are low today, people are uncertain about the fee changes in the next two years. He believes an on-chain gas futures market would help address this, providing market expectations for future fees and allowing users to hedge against future gas prices, even prepaying for gas within a specific time interval. https://t.co/7SkRZRG5nt ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 11:57
Weekly Project Updates: Base Launches Base-Solana Cross-Chain Bridge, Aave Shuts Down Low-Income L2 Deployments, Uniswap's Cumulative Trading Volume Surpasses $4 Trillion, Stable Unveils Tokenomics of Native Token STABLE, etc https://t.co/bUsidX3c0K https://t.co/ctv2fEcRZc ...
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Wu Blockchain· 2025-12-06 10:11
When will Michael Saylor sell Bitcoin?At Binance Blockchain Week on December 3, Strategy Executive Chairman Michael Saylor stated that "when our equity is trading above the net asset value of the bitcoin, we just sell the equity it creates shareholder value and when the equity is trading below the (net asset) value of the bitcoin, we would either sell bitcoin derivatives or we would just sell the bitcoin."Source:https://t.co/Rca5GcDfkL ...
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Wu Blockchain· 2025-12-06 09:19
Stablecoin Initiatives - Western Union is developing a prepaid stablecoin card to protect users from rapid currency depreciation in countries with high inflation [1] - The product aims to help users preserve purchasing power, exemplified by Argentina where inflation exceeded 200% last year [1] - Western Union plans to launch the USD stablecoin USDPT on Solana in early 2026 [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-06 08:52
Recently, Base launched the Base-Solana bridge, allowing Solana tokens to be bridged over to the Base network. Yet so far, the bridge has only seen about 60 transactions. Jesse Pollak, Head of Base, said the team has been trying to reach out to projects in the Solana ecosystem, but not everyone is interested. Solana co-founder Toly responded that only if Base apps migrate to Solana and actually run on Solana will it truly benefit Solana developers. https://t.co/qgSriGsupy ...
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Wu Blockchain· 2025-12-06 08:36
Regulatory Landscape - UK HMRC's DeFi guidance may signal a turning point for crypto lending [1] - Depositing assets like USDC or USDT into DeFi is not considered a disposal, thus not triggering capital gains tax [1] - Tax only applies on actual sales or swaps of DeFi assets [1]
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Wu Blockchain· 2025-12-06 08:26
Monet Bank, a Texas community bank owned by billionaire and key Trump backer Andy Beal, announced it is entering crypto lending and digital-asset banking, positioning itself as an infrastructure bank for digital assets. The bank reports <$6B in assets and ~$1B in capital. Monet joins a small cohort of U.S. banks moving into crypto, including Erebor Bank (OCC conditional charter) and N3XT, founded by former Signature executives (Wyoming SPDI). https://t.co/1aw2V9KDzq ...
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Wu Blockchain· 2025-12-06 08:20
CZ Responds to What's His Biggest Life WishOn December 3, during Binance Blockchain Week, Binance Founder CZ was asked about "five things he wants to achieve before he dies" in a group media interview. He stated that one wish is enough, admitting he has no excessive demands. CZ believes the joy of life lies in its uncertainty—just as a game with a known outcome is far less interesting than the process that requires striving, caution, and collaboration. Challenges in life, he noted, are themselves part of th ...