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Wu Blockchain· 2025-10-29 17:19
According to former Blockworks reporter Sam Reynolds, the company is in the process of shutting down its newsroom. In May 2023, Blockworks raised $12 million at a $135 million valuation, with investors including 10T Holdings and Framework Ventures. As reported by Fortune in April 2025, the company added a data sales business line as part of its growth strategy, with projected annual revenue exceeding $30 million. https://t.co/6M8dOpOefM ...
X @Wu Blockchain
Wu Blockchain· 2025-10-29 16:32
Project Announcement - Cocoon, a confidential compute open network built on TON and Telegram ecosystems, announced at Blockchain Life 2025 [1] - Public launch of Cocoon scheduled for November 2025 [1] Telegram Ecosystem - Third-party developers generated over $1 billion (十亿) in revenue from Telegram Mini Apps in the past year [1] - Telegram will play an active role in Cocoon's development [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-29 15:51
Ondo Finance has launched its global platform, Ondo Global Markets, on BNB Chain. This expansion enables BNB Chain users to directly access over 100 tokenized U.S. stocks and ETFs, with integrations into ecosystem projects like PancakeSwap. https://t.co/0hMsSsNa8U ...
X @Wu Blockchain
Wu Blockchain· 2025-10-29 15:20
Former FTX US President Brett Harrison plans to build a new trading hub focused on perpetual contracts (perps) for stocks and forex. The initiative aims to bring traditional capital market trading into a trading structure similar to crypto perpetual contracts. Architect is raising Series A funding from Coinbase Ventures, Circle Ventures, and SALT Fund. https://t.co/4mrw94qu93 ...
X @Wu Blockchain
Wu Blockchain· 2025-10-29 14:32
According to YZi Labs, BNB's total supply is capped at 100 million, with CZ holding less than 1%. Ownership is highly dispersed: ~66-67% held by unaffiliated public holders (on exchanges or self-custodied), ~27% by the BNB Foundation for programmatic burns, and ~4-5% in Binance's treasury. Supply reduction occurs via complementary Auto-Burn and BEP-95 mechanisms, which have permanently destroyed over 64 million BNB—~31.8% of historical supply. https://t.co/KfSCBr7l5b ...
X @Wu Blockchain
Wu Blockchain· 2025-10-29 13:57
Interest Rate Adjustment - Bank of Canada cut the benchmark overnight interest rate by 25 basis points for the second consecutive meeting [1] - The overnight interest rate is lowered to 2.25%, the lowest level since July 2022 [1] Economic Outlook - The rate cut addresses ongoing economic damage from U.S tariffs [1] - Current rates are "basically appropriate," with no further changes planned if the economic outlook remains on track [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-29 13:18
Ethereum Ecosystem Development - Ethereum Foundation launches institutional portal to guide enterprise adoption [1] - Ethereum is advancing privacy tech with building blocks like ZK, FHE, and TEEs [1] - The portal highlights Layer 2 ecosystem and diverse Rollups [1] DeFi and Financial Innovation - The portal showcases RWAs (Real World Assets) and stablecoins [1] - The portal showcases DEXs (Decentralized Exchanges) and DeFi (Decentralized Finance) [1] - The portal highlights staking and restaking networks [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-29 13:15
Market Trends - Privacy-focused cryptocurrencies sector's market capitalization is approaching $143 billion [1] - Monero (XMR) and Zcash (ZEC) each have a market capitalization above $5 billion [1] Cryptocurrency Performance - Over the past 7 days, XMR is up approximately 107% [1] - Over the past 7 days, ZEC is up approximately 262% [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-29 12:28
Xiao Feng’s Shanghai Speech: Blockchain as an Emerging Financial Market InfrastructureXiao Feng’s keynote highlighted blockchain as a revolutionary financial infrastructure that replaces traditional centralized systems with decentralized, real-time settlement. He emphasized the irreversible trend of tokenizing money and assets, transforming finance into a digital, algorithmic trust system, and outlined the ongoing U.S. competition between fully decentralized and hybrid tokenization models. Read More https:/ ...
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Wu Blockchain· 2025-10-29 11:38
TeraWulf Inc. announced a proposed private offering of $500 million in convertible senior notes due 2032, with an option for initial purchasers to buy up to an additional $75 million.Net proceeds are intended to fund construction of a data center campus in Abernathy, Texas, and for general corporate purposes. https://t.co/YR2CiR8dSD ...