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X @Wu Blockchain
Wu Blockchain· 2025-12-13 09:22
Blockchain & Banking Integration - Singapore Gulf Bank (SGB) launched a service for clients to mint and redeem stablecoins directly on the Solana blockchain [1] - SGB, a regulated digital bank, connects traditional banking with blockchain technology [1] Event - The announcement was made at Solana Breakpoint 2025 in Abu Dhabi [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-13 08:29
The Ethereum community has recently proposed ERC-8092, which aims to establish a cross-chain "associated accounts" identity standard. The proposal allows two blockchain accounts to publicly declare, prove, and revoke their relationship through cryptographic signature payloads. Currently in the draft stage, ERC-8092 supports use cases such as sub-account inheritance, delegated authorization, and reputation aggregation, and achieves cross-chain interoperability through compatibility with EIP-7930. https://t.c ...
X @Wu Blockchain
Wu Blockchain· 2025-12-13 07:21
Research firm Kaiko said in its latest report that crypto market liquidity is increasingly concentrated in a small number of centralized exchanges, with reliance on Binance particularly pronounced. The report noted that during periods of high volatility, such concentration could amplify market-wide cascading risks. Kaiko also said that Binance continues to face structural, operational, and legal uncertainties, including not being formally regulated, having been convicted in the U.S. over anti–money launderi ...
X @Wu Blockchain
Wu Blockchain· 2025-12-13 06:36
OKX stated in a public announcement regarding the MANTRA (OM) incident that it identified multiple related accounts colluding to use large amounts of OM as collateral to borrow USDT, artificially driving up the price. The resulting major losses were fully covered by the OKX insurance fund. Relevant evidence has been submitted to regulators and law enforcement, with multiple lawsuits currently ongoing. https://t.co/D88yNerHxD ...
X @Wu Blockchain
Wu Blockchain· 2025-12-13 01:49
Itaú, Brazil's largest private bank, released a research report recommending that investors allocate 1%–3% of their portfolio to Bitcoin in 2026 as a means of diversifying risk and hedging against currency fluctuations. https://t.co/eEXXZ0aqkX ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 23:33
Coinbase announced that Lighter (LIGHTER) has been added to its asset listing roadmap. The launch of trading will depend on the availability of market-making support and the readiness of technical infrastructure, with the trading start to be announced once conditions are met. https://t.co/jSiZAj6yQR ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 22:29
According to Bloomberg, in response to Tether Holdings SA’s all-cash bid to acquire the remaining shares of Juventus Football Club SpA, the Agnelli family, which controls the club, said it has no intention of selling, and its holding company Exor NV stated it will not dilute its stake in Juventus to Tether or any other party. https://t.co/J917qC4yBq ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 20:34
Tether announced that it has submitted a binding all-cash proposal to Exor to acquire Exor’s entire stake in Juventus Football Club, representing 65.4% of the club’s issued share capital. The transaction is subject to regulatory approvals and the execution of definitive documentation. The acquisition would be fully funded with Tether’s own capital, and, if completed, Tether plans to invest up to €1 billion to support the development of Juventus. https://t.co/ZwOyEuoxFg ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 18:40
According to Bloomberg, although Vanguard Group now allows clients to trade spot Bitcoin ETFs on its platform, its overall view of crypto has not changed. Vanguard’s global head of quantitative equity, John Ameriks, said Bitcoin is better viewed as a speculative collectible rather than a productive asset with long-term investment characteristics, citing its lack of income, compounding, and cash-flow properties, and likened it to a “digital Labubu.” https://t.co/pOExkphtxo ...
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Wu Blockchain· 2025-12-12 17:12
According to WSJ, digital asset custodian BitGo said it received conditional approval from OCC on Friday to convert into a bank, which upon final approval would allow it to custody digital assets and certain non-deposit financial assets and to offer regulated crypto-related services. In addition, crypto reporter Eleanor Terrett reported that OCC has also conditionally approved applications from several other crypto firms, including Ripple, Circle, Fidelity, and Paxos, to establish or convert into national t ...