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Wu Blockchain· 2025-12-06 07:10
CoinShares Head of Research James Butterfill pushed back on fresh critiques from Arthur Hayes and S&P Global, arguing market angst over Tether’s solvency is misplaced. Citing Tether’s latest attestation, he said the firm holds roughly $181B in reserves against ~$174.45B in liabilities—implying a surplus near $6.8B—and remains one of the industry’s most profitable companies, generating about $10B in profit over the first three quarters of 2025. https://t.co/bRPh0qb7JO ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 05:44
According to SoSoValue,on Dec 5 (ET) U.S. spot Bitcoin ETFs saw $54.79M net inflows, led by ARKB (Ark Invest & 21Shares) with $42.79M. Spot Ethereum ETFs recorded $75.21M net outflows with no inflows across all nine funds. Spot Solana ETFs posted $15.68M net inflows. https://t.co/LRUeJvGjtU ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 02:54
BTSE is set to launch its exclusive staking program for Stable (STABLE). Verified users can deposit or buy STABLE to participate. Stable is a USDT-centric Layer-1 focused on stablecoin payments, and STABLE is its native token. https://t.co/lqm61hB29w ...
X @Wu Blockchain
Wu Blockchain· 2025-12-05 15:19
U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is scheduled for Dec. 11. https://t.co/yVZXhJDAls ...
X @Wu Blockchain
Wu Blockchain· 2025-12-05 15:14
US reported that core PCE rose 2.8% year-on-year in September, down from 2.9% in the previous month, marking a three-month low. The market had expected a third consecutive month of 2.9%. ...
X @Wu Blockchain
Wu Blockchain· 2025-12-05 14:58
Market Trends - Web3 job seekers in China are surging, marking the first increase since 2022 [1] - The Web3 job market experiences an imbalance between supply and demand [1] Job Market Analysis - Job openings significantly outnumber job seekers [1] - Over 70% of Web3 recruitment focuses on CEX(中心化交易所) and DEX(去中心化交易所)-related positions [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-05 14:37
Polish lawmakers failed to overturn President Karol Nawrocki’s veto of a digital-assets bill, blocking Prime Minister Donald Tusk’s effort to advance EU-aligned crypto regulations. The lower house fell short of the required three-fifths majority, despite Tusk arguing the legislation was vital for national security. https://t.co/1gNyCzWYD2 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-05 12:49
Blockchain Privacy & Technology - Zama utilizes Fully Homomorphic Encryption (FHE) to enable on-chain confidentiality while maintaining scalability and composability [1] - FHE adds an encryption layer to blockchains like Ethereum and Solana, facilitating private stablecoins, trading, payments, and DeFi [1] - The solution doesn't require changes to user experience (UX) or the use of bridges [1] - Zama highlights major performance breakthroughs in FHE [1] Applications & Use Cases - FHE enables compliance-friendly private computation [1] - Encrypted auctions and confidential AI are potential applications [1] Project Status - Zama is preparing for its mainnet launch [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-05 12:24
The European Commission has proposed shifting oversight of crypto firms from individual member states to the EU-level regulator ESMA to reduce fragmentation in MiCA enforcement and improve cross-border supervision. The move aims to unify financial-market regulation across the bloc but still requires approval from the European Parliament and Council. https://t.co/9wmdvvpyJE ...
X @Wu Blockchain
Wu Blockchain· 2025-12-05 11:22
WuBlockchain Weekly (Dec 1 – Dec 5): Yi He Named Binance Co-CEO, SEC to Issue “Innovation Exemption”, Bank of America Recommends Crypto Allocation, Strategy Establishes $1.44B Reserve, China Reaffirms Ban on Virtual Currencies, Ethereum Completes Fusaka Upgrade, and More https://t.co/pvhsdjvInK ...