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Wu Blockchain· 2025-12-08 04:37
Binance announced that it has received full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and will operate its global platform under an internationally recognized regulatory framework. According to the announcement, starting January 6, 2026, Binance services will be provided through three ADGM-regulated entities: Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited. https://t.co/tswAyDLui6 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-08 04:20
Binance announced that it has received full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and will operate its global platform under an internationally recognized regulatory framework. According to the announcement, starting January 6, 2026, Binance services will be provided through three ADGM-regulated entities: Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.https://t.co/5vxpUHiOmh ...
X @Wu Blockchain
Wu Blockchain· 2025-12-08 03:55
From December 1 to December 5 (ET), spot Bitcoin ETFs saw a net outflow of $87.77 million, while spot Ethereum ETFs recorded a net outflow of $65.59 million. Spot SOL ETFs had a net inflow of $20.3 million, and spot XRP ETFs posted a net inflow of $231 million, marking four consecutive weeks of inflows. https://t.co/LRUeJvGjtU ...
X @Wu Blockchain
Wu Blockchain· 2025-12-08 03:16
According to Reuters, Robinhood announced plans to acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed crypto trader Pedagang Aset Kripto, marking its official entry into the Indonesian market. The deal is expected to close in the first half of 2026, with financial terms undisclosed. Pieter Tanuri, the majority shareholder of both Indonesian firms, will remain as a strategic adviser to Robinhood. https://t.co/KerTn5GsQq ...
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Wu Blockchain· 2025-12-08 02:38
According to Bloomberg, shares of U.S. and Canadian-listed digital asset treasury (DAT) companies have fallen sharply this year, with a median decline of 43% and some plunging over 99%. These firms previously saw their stock prices soar after financing crypto purchases, but investor sentiment has reversed as token holdings generate no yield and debt interest and dividend burdens increase. https://t.co/joWKIGLeTT ...
X @Wu Blockchain
Wu Blockchain· 2025-12-08 02:06
Token Unlocks Overview - Major single unlocks (over $5 million each) in the next seven days include CONX, APT, STRK, CHEEL, LINEA, and BB [1] - Major linear unlocks (over $1 million per day) include SOL, TRUMP, WLD, DOGE, ASTER, AVAX, and TAO [1] Total Unlock Value - Total unlock value exceeds $237 million [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-08 01:27
Strategic Shift - Farcaster is abandoning its 4.5-year "social-first" approach due to a lack of product-market fit [1] - The company is fully pivoting to a "wallet-driven" growth model [1] - The team considers the newly launched in-app wallet as the closest feature to product-market fit [1] Growth Strategy - Farcaster has adopted a "use the tool first (wallet), stay for the network (protocol)" strategy [1] - The goal is to convert every new wallet user into an active protocol participant [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-08 00:56
Coinbase has reopened user registration in India and plans to launch a fiat on-ramp in 2026, allowing users to deposit funds and buy cryptocurrencies directly. The exchange previously entered the Indian market in 2022 but suspended operations due to UPI payment restrictions and fully exited in 2023. https://t.co/RMmYfH9JcZ ...
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Wu Blockchain· 2025-12-07 23:00
ZKsync announced that it will deprecate ZKsync Lite (formerly ZKsync 1.0), the zero-knowledge rollup launched in 2020, in 2026. The change does not affect other ZKsync systems, and the team will provide a detailed timeline and migration guidance next year. ZKsync said Lite has completed its intended role, and about $50 million in assets remain bridged to the network, with withdrawals to L1 continuing to operate. https://t.co/74B3cEl12I ...
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Wu Blockchain· 2025-12-07 14:34
Market Trend - The U.S financial market is expected to migrate to blockchain infrastructure within the next two years [1] - Digital assets, digitalization, and tokenization of the market are the next steps [1] Potential Benefits - The migration to blockchain is expected to bring "significant benefits" in transparency and risk management [1]