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Wu Blockchain· 2026-01-31 11:54
Dragonfly partner Haseeb rejected OKX CEO Star’s claim that the 10/10 crash was caused by Binance and Ethena, saying the timing and isolated USDe dislocation don’t support it. He argued no new evidence was presented and attributed the crash instead to tariff-driven panic, Binance API outages, forced liquidations, ADLs, and the lack of stabilizing mechanisms in crypto markets. https://t.co/RBrXgMzUvwWu Blockchain (@WuBlockchain):OKX CEO Star Xu criticized Binance, stating that the core reason for the October ...
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Wu Blockchain· 2026-01-31 10:44
According to the U.S. SEC, due to a government shutdown, the agency will operate with very limited staff starting Jan. 31, 2026, until further notice. The SEC said it will prioritize emergency responses related to market integrity and investor protection, while systems such as EDGAR will remain operational. https://t.co/Vjf6kt1z7u ...
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Wu Blockchain· 2026-01-31 10:08
According to DOJ, a U.S. court sentenced Chinese national Jingliang Su to 46 months in prison for laundering over $36.9 million from a crypto investment scam that targeted 174 U.S. victims. Su helped move funds from fake trading platforms, converting them into USDT and transferring them to scam centers in Cambodia, and was ordered to pay about $26.9 million in restitution. https://t.co/IHxurUTA7M ...
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Wu Blockchain· 2026-01-31 07:23
The U.S. Treasury's OFAC sanctioned UK-based crypto exchanges Zedcex and Zedxion for helping Iran evade sanctions, marking the first time OFAC has targeted digital asset exchanges for involvement in Iran’s financial sector.OFAC also designated seven Iranian individuals, including six linked to the IRGC, as well as Babak Zanjani, who was allegedly released to launder funds for the regime. Addresses tied to the case processed over $389 million.https://t.co/rTGAToAt7W ...
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Wu Blockchain· 2026-01-31 06:34
Due to the House being in recess, the U.S. federal government entered a technical, partial shutdown at 12:00 a.m. on Jan. 31 after a funding bill failed to pass in time. While the Senate approved a $1.2 trillion appropriations package, the House will not vote until Feb. 2.Some federal agencies will pause operations and non-essential workers face furloughs. The White House called it a procedural issue, and markets expect limited short-term impact, though a longer shutdown remains possible.https://t.co/ghYWF4 ...
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Wu Blockchain· 2026-01-31 05:54
MegaETH stated it has not, and will not, provide MEGA tokens to any centralized or decentralized exchange as listing “fees” or airdrops. MegaETH emphasized that any exchange choosing to list MEGA would do so based on its own assessment of the project’s fundamentals and long-term value, rather than token incentives.The statement comes amid ongoing market debate over paid listings and token distribution practices, with some projects opting to distance themselves from incentive-based exchange listings to signa ...
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Wu Blockchain· 2026-01-31 04:58
Brian Armstrong: What Will People Most Regret in Crypto Ten Years From Now?On January 21, during an interview with Bloomberg, Coinbase CEO Brian Armstrong candidly stated that individuals who fail to allocate 5% of their net worth to Bitcoin are likely to regret it greatly a decade from now. He pointed out that while Bitcoin has been the best-performing asset of the past decade and is still in its early stages, he believes that cryptocurrency technology will reshape finance, enabling ordinary people to achi ...
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Wu Blockchain· 2026-01-31 03:53
Lighter has launched Lighter EVM, planning to introduce Ethereum Virtual Machine (EVM) support that allows developers to deploy general-purpose smart contracts directly on its platform. Originally positioned as a high-performance trading engine, Lighter is now transitioning toward a more comprehensive blockchain and DeFi platform with this upgrade.Lighter EVM will support running DeFi applications such as Uniswap and Aave on the platform, enabling deeper integration of trading, lending, and shared liquidity ...
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Wu Blockchain· 2026-01-31 02:57
On January 30, gold suffered its largest drop in 40 years. Spot gold prices plunged more than 12% at one point, hitting a low of $4,682 per ounce, marking the biggest single-day decline since the early 1980s. By the close, spot gold was down 9.25% at $4,880 per ounce.Silver recorded the largest intraday drop in its history. Spot silver at one point collapsed by more than 36%, marking a record intraday decline, with prices falling to a low of $74.28 per ounce. By the close, spot silver had fallen 26.42% to $ ...
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Wu Blockchain· 2026-01-31 02:16
However, Wintermute founder Evgeny Gaevoy believes that simply attributing the market decline to a single exchange is not rigorous. In a bear market, with other assets rising while the crypto market is under pressure, finding a scapegoat is emotionally easier to accept, but blaming the problem entirely on a single platform is logically untenable. https://t.co/QI6j30xdiP ...