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Wu Blockchain News avatar

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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LanguageOther
Channel creation dateFeb 06, 2025
Added to TGlist
Sep 09, 2024

Records

14.11.202423:59
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11.02.202502:53
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Popular posts Wu Blockchain News

04.02.202522:07
According to Bloomberg, crypto asset exchange operator Bullish Global is considering an IPO as soon as this year and is working with Jefferies Financial Group on the potential listing. Bullish had originally planned to go public in 2021 via a SPAC but later paused the plan. The specific details of the IPO are still under discussion. — link
05.02.202512:27
Binance HODLer Airdrops now launches the 7th project - Berachain (BERA). Binance will launch BERA at 2025-02-06 13:00 (UTC) and open trading for BTC, USDT, USDC, BNB, FDUSD and TRY pairs. — link
24.02.202511:33
According to Bloomberg, Ethena completed a $100 million financing in December last year, which was used to fund the launch of similar tokens for traditional financial institutions. Investors including Franklin Templeton and F-Prime Capital, a venture capital firm under Fidelity Investments. — link
11.02.202509:24
Exclusive: Pumpfun, a token launch platform on Solana, will release token and conduct public offerings, and will adopt the Dutch auction model. It is currently working with CEXs to develop the system.

This information was first released by @hebi555 and WuBlockchain team confirmed it with several insiders from the exchange. Previously, Binance co-founder He Yi also mentioned the use of the Dutch auction to innovate token IEO models in an AMA.

Pumpfun has currently earned about $572 million in fees and transferred about $386.8 million to Kraken. Recently, some lawyers in the United States have filed lawsuits against Pumpfun, which may have an impact on whether it will eventually issue token.

A Dutch auction is also known as a "descending price auction". The auction price starts high and decreases at a fixed rate, and participants bid at the price they think is appropriate.

According to an internal document from December last year, the total number of PumpFun tokens is 420 million, with an initial circulation of 210 million for public sale; the team share accounts for 25%, and early investors account for 22.05%, all of which are 1 year cliff and 3 years monthly unlocking. This information may change now.
23.02.202513:20
Bybit Exploiter is laundering money by issuing Meme tokens on pump fun. Bybit Exploiter: 5STkQy...95T7Cq transferred 60 SOL to 9Gu8v6...aAdqWS, who then launched a token called QinShihuang (500000), which has traded over $26 million. — link ZachXBT's research — link

Pumpfun frontend seems to have blocked QinShihuang (500000) token. — link

Update from ZachXBT: It would be more accurate to say that an entity laundering money for the Lazarus Group issued memecoin via Pump Fun.
26.01.202501:53
Brian Armstrong, CEO of Coinbase, said that since about 1 million new tokens are created every week, the traditional listing process of reviewing each one is no longer sustainable. He proposed to switch from "allowed list" to "blocked list" to help users screen high-quality tokens through user reviews and automatic scanning of on-chain data. In addition, he also emphasized that the integration of DEX and CEX will continue to deepen, and users will not need to pay attention to which platform the transaction takes place on in the future, thereby improving the overall trading experience. — link
21.02.202515:38
ZachXBT: Currently monitoring suspicious outflows from Bybit of $1.46B+. mETH & stETH is currently being swapped on DEXs for ETH. My sources confirm it's a security incident. — link

Bybit CEO BEN: Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from @safe. However the signing message was to change the smart contract logic of our ETH cold wallet. This resulted Hacker took control of the specific ETH cold wallet we signed and transfered all ETH in the cold wallet to this unidentified address. All other cold wallets are secure. All withdraws are NORMAL. — link
17.02.202507:49
The 11.2 million SOL from the FTX bankruptcy auction will be unlocked on March 1, worth $2.06 billion, according to @ai_9684xtpa. FTX sold 41 million SOL in three auctions, and the top three buyers bought at prices of $64, $95, and $102. Including OTC traders Galaxy, Pantera, Figure and so on. — link
15.02.202509:05
OM whale who has held OM for nearly 1 year: 0x17…fe76 transferred 10.711 million OM to Binance Deposit between 6:54 and 16:32 UTC+8 today, worth about 80.88 million USD. The whale withdrew these OM from Binance from March 1 to 6, 2024, worth about 4.82 million USD at that time, which means that the whale may have made a profit of nearly 84 million USD at present. — link
03.02.202509:59
QCP: Equities sank across regions, gold dipped, oil spiked, and crypto sold off violently. Acting as a risk proxy before U.S. markets opened, crypto saw nearly $2 billion in liquidations, with ETH hit harder than BTC. Expect continued volatility as Trump prepares to negotiate with Canada and Mexico tonight, while claiming tariffs on the EU are "definitely happening." — link
04.02.202521:30
SEC Commissioner Hester M. Peirce recently stated that the new cryptocurrency task force will focus on reviewing the securities status of crypto assets, exploring registration and regulation of crypto products, providing legal guidance on crypto lending, staking, and custodianship, etc., aiming to provide a clearer regulatory framework for the crypto market through standardization. — link
17.02.202502:32
Bubblemaps: MELANIA and LIBRA belong to the same team. The wallet associated with the creator of MELANIA sniped MELANIA and made a profit of $2.4 million; the related address was not only associated with the creator of LIBRA who cashed out $87 million, but also sniped LIBRA and made a profit of $6 million. — link
13.02.202516:18
CZ: My dog's name is Broccoli. I am just posting my dog's picture and name. I am NOT issuing a meme coin myself. It's up to the community to do that (or not). I will likely interact with a few of the more popular meme coins on BNB Chain (BSC). The BNB Foundation may provide rewards for the top memes on the BNB Chain, giving LP support or other rewards. The details are still being discussed. More to come. — link Perhaps affected by the news, the gmgn and four meme web pages showed obvious lag.
04.02.202515:47
Sunil, a representative of FTX creditors, disclosed that it has been determined that FTX will repay the creditors whose claims are less than $50,000 starting at 10:00 a.m. Eastern Time on February 18, 2025. After the payment is completed, all related claims will be cancelled. — link
14.02.202509:12
According to Lookonchain and DoctorDeFi, after CZ announced the name of his dog, a Broccoli Dev released multiple Memecoins named Broccoli and sniped, making a profit of more than 36 million USDT. — link
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