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Wu Blockchain· 2025-11-28 11:16
Turkmenistan has passed a new law legalizing and regulating digital assets, introducing licensing for crypto exchanges and mining companies. The framework will be effective on Jan 1, 2026 and aims to attract investment and support economic diversification, according to government officials. https://t.co/qzKJMgZqaP ...
X @Wu Blockchain
Wu Blockchain· 2025-11-28 10:49
Donald Trump's Son Showcases Bitcoin Mining FacilityDonald Trump's son Eric Trump showcased the Bitcoin mining facility of his company American Bitcoin in Texas on his personal X account on November 25th. The facility utilizes American energy for Bitcoin mining on U.S. soil, equipped with 35,000 liquid-cooled servers that mine continuously and secure the network 24/7, with its daily Bitcoin output accounting for approximately 2% of the global supply. He addressed the claim that "cryptocurrencies are intangi ...
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Wu Blockchain· 2025-11-28 09:42
RWA Tokenization - Amundi, 欧洲最大的资产管理公司,已将其 50 亿欧元(€5B)的 AMUNDI FUNDS CASH EUR 货币市场基金在以太坊上进行代币化 [1] - 以太坊正在加强其在 RWA(Real World Assets,现实世界资产)代币化领域的领先地位 [1] Digital Infrastructure - CACEIS 将提供数字基础设施,实现 24/7 全天候的申购和赎回 [1] Accessibility - 该基金提供传统和链上两种访问方式 [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-28 09:29
South Korea plans a major AML overhaul, expanding the Travel Rule to all crypto transfers, including those under 1 million KRW, to stop “smurfing” via small transactions. Regulators will also block high-risk overseas platforms, tighten financial requirements for local exchanges, and ban individuals with drug or tax-crime records from becoming major shareholders. The FIU will gain pre-freeze authority to stop illicit funds before they leave the system. https://t.co/BM5wnbAlMO ...
X @Wu Blockchain
Wu Blockchain· 2025-11-28 09:19
Security Breach & Response - Upbit's CEO apologized for a recent security breach, acknowledging internal security lapses and promising full user compensation [1] - The estimated loss from the breach is approximately 445 亿 KRW (Korean Won), comprising 386 亿 KRW of user funds, 23 亿 KRW frozen, and 59 亿 KRW of company losses [1] Investigation & Potential Threat - The Upbit hack is estimated to be worth around 445 亿 KRW (approximately 32 million USD) [1] - Authorities are investigating the possibility of North Korea's Lazarus Group being responsible for the attack [1] - The Lazarus Group was also linked to a previous Upbit theft in 2019 [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-28 08:12
Former FTX CEO SBF's Ponzi SchemeTutorialOn April 25, 2022, SBF explained "yield farming" on the Odd Lots podcast but unintentionally described a full-blown Ponzi scheme. He used an example of a "box" (a project) created with nothing more than an internet connection and a token issued out of thin air. With enough hype and influence, it could attract $200 million in investment. Prices rise because money flows in, and money flows in because prices rise. By the end of it, you realize — this isn’t innovation, i ...
X @Wu Blockchain
Wu Blockchain· 2025-11-28 07:23
Aishwary Gupta, Polygon’s Global Head of Payments and RWA, said stablecoins are entering a “super cycle,” with over 100,000 issuers expected in the next five years. He noted that traditional banks will need to restructure their capital management models to stay competitive, likely by issuing “deposit tokens” to retain liquidity. Future payment systems, he added, will enable seamless conversion between different stablecoins through neutral settlement layers.https://t.co/QMHRkn7PvC ...
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Wu Blockchain· 2025-11-28 05:01
According to Reuters, CME Group halted trading in currencies, stock futures, and commodities due to a cooling system failure at its data centers, also affecting the EBS forex platform. The outage impacted all futures and options contracts on the Globex platform. LSEG data showed that after the halt, quotes for S&P 500 and Nasdaq 100 futures, as well as major currency pairs, were no longer updating. https://t.co/cHznC1Gu81 ...
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Wu Blockchain· 2025-11-28 03:50
Strategic Focus - Animoca Brands will broaden its focus beyond gaming to include stablecoins, AI, DePIN, and DeFi by 2026 [1] - Animoca Brands anticipates institutional participation will be a key driver for the next phase of crypto growth, shifting from Bitcoin investment to utility-based adoption [1] Financial Strategy - Animoca Brands plans to go public on Nasdaq in 2026 via a reverse merger with AI fintech firm Currenc Group [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-28 02:34
Security Breach - Upbit, South Korea's largest crypto exchange, experienced a hack valued at approximately 445 亿 KRW (approximately $32 million)[1] - The hack targeted a hot wallet, with hackers employing "hopping" and "mixing" techniques [1] Investigation & Attribution - Authorities are investigating potential involvement of North Korea's Lazarus Group in the attack [1] - Lazarus Group was previously linked to Upbit's 2019 theft of 580 亿 KRW in Ethereum [1]