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Wu Blockchain News

WuBlockchain’s only official Telegram account
Colin Wu, Reporter
Important Crypto News mainly Asia
More Channels: http://linktr.ee/wublockchain
Contact us: @colinwu1989
non-financial advice
Be careful of telegram scams, do not transfer money to anyone!

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22.04.202519:18

The XRP Ledger Foundation has warned of a potential security vulnerability in recent versions of the xrpl JavaScript library (v4.2.1–4.2.4 and v2.14.2), which could allow attackers to steal user private keys and pose a serious supply chain risk. The issue affects only versions published on NPM. A patched version, v4.2.5, has been released, and affected projects are urged to update immediately. — link

22.04.202514:53

Binance market data shows that BTC has broken through $90,000 and is now quoted at $90,743, up 3.84% on the day. This is the first time BTC has returned above $90,000 since March 7.

22.04.202514:10

Interview with OSL CEO Kevin: Navigating the Trends of the Crypto Compliance Era

As Hong Kong’s first licensed cryptocurrency exchange, OSL outlines the exchange’s 2025 strategy of global licensed expansion, PayFi ecosystem development, and infrastructure building to bridge traditional and crypto finance, while addressing challenges like strict regulatory requirements and differentiating from offshore exchanges by prioritizing long-term compliance over short-term trading gains. Read more — link

22.04.202514:06

Bitcoin infrastructure company Arch Labs announced the completion of a $13 million Series A funding round led by Pantera Capital and participated by Multicoin Capital, with a valuation of approximately $200 million. Arch plans to launch ArchVM, and the mainnet is expected to be launched in early May. — link

22.04.202510:45

Binance Alpha has added SKYAI, TROLL, and Wizard.

22.04.202510:17

The ECB has warned that U.S. support for crypto under Trump could pose financial risks to Europe and called for changes to MiCA rules. The European Commission dismissed the concerns, saying current regulations are sufficient. The key issue is the potential threat of USD stablecoins to Eurozone monetary sovereignty. 一 link

22.04.202509:55

QCP: Bitcoin’s resilience in the overnight session adds weight to the decoupling narrative. As capital rotates into safe-haven and inflation-hedging assets, BTC and gold are proving to be key beneficiaries of the exodus from USD risk. The BTC options market is now flashing persistent call skew across all tenors. — link

22.04.202505:21

South Korean crypto exchange Bithumb has announced that it will complete a corporate restructuring on July 31, 2025, spinning off its non-exchange-related businesses into a new entity named “Bithumb A” to isolate potential risks and enhance operational efficiency. The restructuring is aimed at preparing for its planned IPO in the second half of this year, with potential listing venues including the domestic Korean market and Nasdaq. Bithumb reported a net profit of $110 million last year, marking a 560% year-over-year surge. — link

22.04.202505:02

South Korea’s largest crypto exchange, Upbit, will list the DEEP/KRW trading pair, with trading set to begin on April 22 at 14:30 KST. DeepBook is a DeFi protocol on the Sui network, designed to aggregate liquidity across DeFi protocols within the Sui ecosystem. — link

22.04.202503:58

On April 21, Bitcoin spot ETFs recorded a total net inflow of $381 million, with none of the twelve ETFs seeing net outflows. In contrast, Ethereum spot ETFs saw a total net outflow of $25.42 million, with none of the nine ETFs registering net inflows. — link

22.04.202503:39

The Hyperliquid Foundation announced that the Hyperliquid verification node set has been updated to 21 unlicensed nodes. Any user can register a node, and the top 21 stakers will form the active set. Nodes are required to pledge 10,000 HYPEs, which will be locked for one year. The plan will be launched in the next few days. — link

22.04.202503:20

Base head Jesse Pollak praised Zora Coins for hitting an all-time high in active users on April 20, but was slammed by ZachXBT, who described the tokens as "viral" and said that not even one token had a market cap of more than $5 million. Jesse Pollak countered that markets and algorithms will decide everything. — link

22.04.202503:03

BNBCHAIN officially announced that the fifth round of TVL incentive plan has officially ended, focusing on supporting BNB restaking, LRT and LST ecosystems. Five major protocols including Kernel, Aster, YieldNestFi, Transchess and Lista have received delegation support ranging from 5% to 1%. — link

22.04.202502:28

According to Lookonchain, Galaxy Digital has transferred 65,600 ETH (approximately $105 million) to Binance over the past two weeks, while withdrawing 752,240 SOL (approximately $98.37 million) from the exchange, suggesting a possible ETH-to-SOL swap. — link

22.04.202502:26

Bloomberg analyst Eric Balchunas said that this year there will be more than 70 crypto ETFs waiting for SEC review, covering a variety of assets such as XRP, LTC, SOL, Dogecoin, and crypto derivatives. The most popular spot ETF applications are SOL and XRP, with 6 and 10 institutions applying respectively. — link

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26.03.202514:23

jellyjelly is experiencing a short squeeze, with a surge of up to 429% between 21:00-22:00 UTC+8. Hyperliquid Vault has taken over the short position of jellyjelly from a trader who self-liquidated, and it is now facing an unrealized loss exceeding $10.5 million. If jellyjelly reaches 0.15374, Hyperliquid Vault will lose its entire $230 million in funds; moreover, as funds drain from Hyperliquid Vault, it will further lower the liquidation price of jellyjelly. — link

Binance and OKX have announced the listing of jellyjelly perpetual contracts. Hyperliquid has delisted JELLYJELLY following the listing of perpetual contracts on Binance and OKX. Currently, the massive loss-making short positions of jellyjelly in the Hyperliquid Vault have also been hidden. — link

09.04.202502:48

The rumor has it that Strategy filed an 8-K form with the SEC on April 7, stating that if the price of Bitcoin continues to fall, the company may be forced to sell its Bitcoin holdings to repay debts. It was found that this statement is a standard risk disclosure practice, and it also appears in the 10-Q report for the Q1 2024 and reports for 2023 and earlier, and is not a special case. — link

26.03.202517:12

Bitget CEO Gracy: Hyperliquid may be on track to become FTX 2.0. The way it handled the JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Hyperliquid operates more like an offshore CEX with no KYC/AML, enabling illicit flows and bad actors. Its product design reveals alarming flaws: mixed vaults that expose users to systemic risk, and unrestricted position sizes that open the door to manipulation. — link

Hypeliquid founder Jeff once accused Bitget of becoming the next FTX in 2023. — link

25.03.202507:27

Binance announced that a market maker associated with Movement (MOVE) was linked to another firm previously banned for misconduct. The entity dumped 66 million MOVE tokens on December 10, shortly after listing, with little buy-side support, and profited approximately $38 million USDT before its removal on March 18.

In response, the Movement Network Foundation has terminated all partnerships with the market maker, alerted other exchanges, and launched a $38 million buyback plan to support the ecosystem. The buyback will take place on Binance over the next three months. — link

The market maker involved in Movement is the same as GPS SHELL, which is Web3Port (Whisper). Rootdata shows that its investment projects also include Puffer, UXLINK, etc. — link

14.04.202516:47

Story (IP) token suddenly dropped by about 21.5%, with the main trading volume concentrated in Binance Futures and OKX Spot. — link

The ACT token dropped sharply by about 27%, with most trading volume concentrated on Binance’s spot and futures markets.

14.04.202502:06

WuBlockchain warned the risk of MANTRA DAO in 2021. It is composed of several core members of the online gambling platform 21Pink. OM once falsely claimed to have received FTX investment but FTX later denied the information. — link

02.04.202515:45

Justin Sun accused FDT/First Digital Trust of managing TUSD's $501 million reserve but refusing to redeem it. FDT is also the issuer of FDUSD, the stablecoin currently supported by Binance. Justin Sun claimed that FDT was actually bankrupt and could not redeem customer funds. FDT said it was due to AML/KYC concerns and concerns about the true identity of the ultimate beneficial owner. — link FDUSD once fell to as low as $0.87 and is currently recovering. Binance co-founder He Yi said that FDUSD can be redeemed 1:1.

First Digital: The recent allegations by Justin Sun against First Digital Trust are completely false. This dispute is with TUSD and not with FDUSD. First Digital is completely solvent. — link Binance: FDUSD Attestation Report Confirms Full 1:1 Reserve Backing. — link

11.04.202510:11

Binance has announced the results of its second round of community voting. Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL) will be listed soon and tagged with the Seed label.Launch time: April 11, 2025, at 22:00 (GMT+8). — link

16.04.202511:41

DWF Labs announced the establishment of a new US office in New York and strategically purchased $25 million worth of governance tokens from the Trump family project World Liberty (WLFI). DWF said it will strengthen cooperation with US banks, expand trading and compliance teams, and provide liquidity support for USD1 stablecoins. — link

Deleted24.03.202523:30

24.03.202515:51

According to a statement from the U.S. SEC, the agency supports advancing the“SEC Crypto 2.0”initiative and has established a new Presidential Task Force on Cryptocurrency. The announcement emphasizes that digital asset securities transactions — both on-chain and off-chain — should adhere to the same trade reporting requirements as traditional securities. The SEC proposes strengthening off-chain transaction oversight, improving trade reporting mechanisms, and establishing a Digital Asset Reporting and Tracking system (DART). — link

01.04.202511:01

Around 18:30, multiple altcoins on Binance experienced sharp declines. ACT/USDT dropped over 49% within 30 minutes, DEXE/USDT fell more than 23%, and DF/USDT declined over 16% in the same period. The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume. — link Wintermute responsed

Benson Sun, former FTX community partner, analyzed that the reason was that Binance adjusted the leverage position limit of ACT. A leverage of one times can only open a maximum position of 4.5 million US dollars. Some market makers’ positions exceeded the limit and were directly closed at the market price. After the contract price dumped, a huge price gap appeared with the spot price, and the spot price also dumped.

07.04.202507:47

The“Hyperliquid 50x whale”opened a 20x leveraged long position of 32,800 ETH, valued at approximately $47.62 million. Around 20 minutes ago, the whale deposited 3 million USDC into Hyperliquid as margin. The entry price was $1,461.6, with a liquidation price of $1,399. — link

The“Hyperliquid 50x whale”deposited 4.52 million USDC as margin and opened a 20x leveraged long position of 47,200 ETH at an entry price of $1,459, with a total position value of approximately $69 million. The liquidation price is $1,391.7.

01.04.202514:05

Binance Alpha lists Grass (GRASS), Aethir Token (ATH), Cat in a Dogs World (MEW), and Big Time (BIGTIME), pumpBTC (PUMP).

22.04.202510:45

Binance Alpha has added SKYAI, TROLL, and Wizard.

11.04.202508:17

China’s Tariff Commission announced it will raise tariffs on certain U.S. imports from 84% to 125%, effective April 12, 2025. The move responds to the U.S. increasing its own tariffs on Chinese goods to 125%. China stated that at this level, U.S. exports to China are no longer commercially viable, and it will disregard any further U.S. tariff hikes. — link