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Wu Blockchain· 2025-11-29 07:55
OKX has released its 37th Proof of Reserves (snapshot on Nov. 19). User BTC holdings reached 130k BTC, up 3.15% from Oct. 8 (+3,988 BTC). ETH holdings dipped 0.73% to 1.61m ETH (–11,848 ETH). USDT holdings rose 7.16% to 10.73b USDT (+717m USDT). https://t.co/xrIKKIm7Ut https://t.co/t76x1FO0rt ...
X @Wu Blockchain
Wu Blockchain· 2025-11-29 06:59
On Nov. 28, China’s central bank (PBOC) convened a coordination meeting and reiterated that: Virtual assets do not have the same legal status as fiat, are not legal tender, and must not be used as currency in market circulation; related business activities constitute illegal financial activity. Stablecoins are a form of virtual asset and currently cannot effectively meet KYC/AML requirements, posing risks of money laundering, fundraising fraud, and illicit cross-border capital transfers. https://t.co/r8V7dU ...
X @Wu Blockchain
Wu Blockchain· 2025-11-29 06:17
Market Trends - U S spot Bitcoin ETFs experienced an estimated net inflow of $714 million [1] - Spot Ether ETFs recorded net inflows of $76.55 million, marking five consecutive days of inflows [1] - Solana spot ETFs saw net inflows of $5.37 million [1] Leading Institutions - ARKB (Ark Invest & 21Shares) led the Bitcoin ETF inflows with $88.04 million [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-29 05:17
According to HypurrScan, the Hyperliquid team address 0x43…a251 transferred 2.6m HYPE (~$90.18m) from Staking to Spot today at 12:32 UTC+8. Currently, this team address 0x43…a251 still holds 240m staked HYPE (~$8.36 billion). https://t.co/Tnt0p0mHAj https://t.co/q1u3Q0V803 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-29 04:24
On Altcoin Daily, BitMEX co-founder Arthur Hayes criticized Monad, calling the supposed "next ETH killer" a high fully diluted valuation, low float setup designed for founders and VCs to dump on retail. Hayes said Monad has no chance against Ethereum—"not even Solana." He added that while he holds a small allocation, he is "99% bearish." https://t.co/hih9CtZGU3 ...
X @Wu Blockchain
Wu Blockchain· 2025-11-29 03:17
Project Location & Distribution - Over 50% of project teams for 38 previously high-profile tokens with significant wallet clustering list the United States as their location [1] - Europe and India are also listed as project team locations, following the United States [1] Token Performance - The minimum drawdown for these tokens is 78% [1] - More than half of the tokens have fallen by up to 99% [1] - Examples of tokens with significant price drops include MELANIA and CR7 Fake [1]
X @Wu Blockchain
Wu Blockchain· 2025-11-29 01:15
BitMEX co-founder Arthur Hayes reaffirmed his year-end $250,000 Bitcoin target, saying on this week's "Milk Road Show" that last week’s dip to $80,600 marked the cycle bottom and the subsequent rebound supports that view. He added that much of the inflow into BlackRock's IBIT was "basis trade" capital and that institutional deleveraging is largely complete; with USD liquidity bottoming, quantitative tightening ending and rate-cut expectations rising, he expects the next leg higher to follow. https://t.co/mn ...
X @Wu Blockchain
Wu Blockchain· 2025-11-29 00:00
According to Bloomberg, Kalshi Inc. has been sued in a proposed class action in New York alleging that it operated unlicensed sports betting and misled users about its market-making practices, including allowing its affiliate Kalshi Trading to set odds unfavorable to customers. The complaint says Kalshi promoted “legal sports betting” without holding any state gaming licenses. Co-founder Luana Lopes Lara denied the allegations, saying Kalshi’s market-making operates like other regulated financial exchanges. ...
X @Wu Blockchain
Wu Blockchain· 2025-11-28 23:10
Terminal Finance announced it will discontinue the launch of the Terminal project, citing the failure of the Converge chain—its intended underlying ecosystem—to go live, which rendered the project no longer viable. The team stated that all user principal remains fully backed 1:1 and is available for withdrawal, while existing Pendle positions will receive the corresponding Ethena Sats, sUSDe yield, and etherfi points. https://t.co/pvyE5L4Swk ...
X @Wu Blockchain
Wu Blockchain· 2025-11-28 17:32
Regulatory Compliance - UK's HMRC requires crypto exchanges to collect full transaction data from all UK users starting January 1, 2026 [1] - HMRC will receive the data in 2027 to cross-check returns and curb crypto-related tax evasion [1] - The framework aligns with the OECD's Crypto-Asset Reporting Framework (CARF) [1] Global Adoption - CARF is already being adopted in the EU, Canada, Australia, Japan, and South Korea [1]