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Wu Blockchain· 2025-12-06 11:57
Weekly Project Updates: Base Launches Base-Solana Cross-Chain Bridge, Aave Shuts Down Low-Income L2 Deployments, Uniswap's Cumulative Trading Volume Surpasses $4 Trillion, Stable Unveils Tokenomics of Native Token STABLE, etc https://t.co/bUsidX3c0K https://t.co/ctv2fEcRZc ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 10:11
When will Michael Saylor sell Bitcoin?At Binance Blockchain Week on December 3, Strategy Executive Chairman Michael Saylor stated that "when our equity is trading above the net asset value of the bitcoin, we just sell the equity it creates shareholder value and when the equity is trading below the (net asset) value of the bitcoin, we would either sell bitcoin derivatives or we would just sell the bitcoin."Source:https://t.co/Rca5GcDfkL ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 09:19
Stablecoin Initiatives - Western Union is developing a prepaid stablecoin card to protect users from rapid currency depreciation in countries with high inflation [1] - The product aims to help users preserve purchasing power, exemplified by Argentina where inflation exceeded 200% last year [1] - Western Union plans to launch the USD stablecoin USDPT on Solana in early 2026 [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-06 08:52
Recently, Base launched the Base-Solana bridge, allowing Solana tokens to be bridged over to the Base network. Yet so far, the bridge has only seen about 60 transactions. Jesse Pollak, Head of Base, said the team has been trying to reach out to projects in the Solana ecosystem, but not everyone is interested. Solana co-founder Toly responded that only if Base apps migrate to Solana and actually run on Solana will it truly benefit Solana developers. https://t.co/qgSriGsupy ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 08:36
Regulatory Landscape - UK HMRC's DeFi guidance may signal a turning point for crypto lending [1] - Depositing assets like USDC or USDT into DeFi is not considered a disposal, thus not triggering capital gains tax [1] - Tax only applies on actual sales or swaps of DeFi assets [1]
X @Wu Blockchain
Wu Blockchain· 2025-12-06 08:26
Monet Bank, a Texas community bank owned by billionaire and key Trump backer Andy Beal, announced it is entering crypto lending and digital-asset banking, positioning itself as an infrastructure bank for digital assets. The bank reports <$6B in assets and ~$1B in capital. Monet joins a small cohort of U.S. banks moving into crypto, including Erebor Bank (OCC conditional charter) and N3XT, founded by former Signature executives (Wyoming SPDI). https://t.co/1aw2V9KDzq ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 08:20
CZ Responds to What's His Biggest Life WishOn December 3, during Binance Blockchain Week, Binance Founder CZ was asked about "five things he wants to achieve before he dies" in a group media interview. He stated that one wish is enough, admitting he has no excessive demands. CZ believes the joy of life lies in its uncertainty—just as a game with a known outcome is far less interesting than the process that requires striving, caution, and collaboration. Challenges in life, he noted, are themselves part of th ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 07:10
CoinShares Head of Research James Butterfill pushed back on fresh critiques from Arthur Hayes and S&P Global, arguing market angst over Tether’s solvency is misplaced. Citing Tether’s latest attestation, he said the firm holds roughly $181B in reserves against ~$174.45B in liabilities—implying a surplus near $6.8B—and remains one of the industry’s most profitable companies, generating about $10B in profit over the first three quarters of 2025. https://t.co/bRPh0qb7JO ...
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Wu Blockchain· 2025-12-06 05:44
According to SoSoValue,on Dec 5 (ET) U.S. spot Bitcoin ETFs saw $54.79M net inflows, led by ARKB (Ark Invest & 21Shares) with $42.79M. Spot Ethereum ETFs recorded $75.21M net outflows with no inflows across all nine funds. Spot Solana ETFs posted $15.68M net inflows. https://t.co/LRUeJvGjtU ...
X @Wu Blockchain
Wu Blockchain· 2025-12-06 02:54
BTSE is set to launch its exclusive staking program for Stable (STABLE). Verified users can deposit or buy STABLE to participate. Stable is a USDT-centric Layer-1 focused on stablecoin payments, and STABLE is its native token. https://t.co/lqm61hB29w ...