Wu Blockchain News
06.05.202501:12
Ripple announced a total donation of $25 million to education nonprofits DonorsChoose and Teach For America, with the majority of the funds distributed via its stablecoin, Ripple USD (RLUSD). This marks the first time both organizations are accepting donations in stablecoin. The funds will support classroom projects, nationwide tutoring programs, and STEM innovation challenges, as well as promote financial literacy education. — link
05.05.202510:27
QCP: The Federal Reserve is widely expected to keep interest rates unchanged at this week’s policy meeting. Although PCE data shows that inflationary pressures are easing, heightened import tariffs risk reigniting price instability. The key question remains whether the Fed will continue to resist political pressure from Trump to cut rates or consider a shift in stance. — link
05.05.202507:02
Kyrgyzstan plans to launch a gold-backed stablecoin pegged to the U.S. dollar — the “Gold Dollar” (USDKG) — in the third quarter. The stablecoin will be backed by $500 million worth of gold provided by the Kyrgyz Ministry of Finance, with plans to expand the reserves to $2 billion. — link
05.05.202502:36
According to Token Terminal, PumpFun has captured $294 million in fees so far this year, surpassing Ethereum ($249 million). In addition, PumpFun's weekly fee capture level has surpassed Ethereum for 9 consecutive weeks. — link
04.05.202523:42
Bloomberg analyst James Seyffart noted that the SEC is expected to decide on Canary Funds’ proposed Litecoin ETF by May 5. While the SEC has already delayed several filings early, this one was not included. Seyffart believes Litecoin may have a chance at early approval, though he personally expects a delay. — link
04.05.202513:05
Bitcoin mining firm Bit Digital has filed to raise up to $500 million via an at-the-market (ATM) offering, exceeding its current market cap of $429 million. The funds will support expansion into high-performance computing and cloud services, covering equipment purchases, working capital, and potential acquisitions. 一 link
05.05.202512:04
MSTR has acquired 1,895 BTC for $180.3 million at $95,167 per bitcoin and has achieved BTC Yield of 14.0% YTD 2025. As of 5/4/2025, it hodl 555,450 BTC acquired for $38.08 billion at $68,550 per bitcoin. — link
05.05.202510:14
US asset management giant VanEck submitted the S-1 document of BNB ETF to the US SEC. After approval, any part of the BNB in the trust can be used to earn staking rewards, earn additional BNB or other income. — link
05.05.202506:28
Binance Alpha has listed BOOP (BOOP). According to Binance, Boop Fun is a token launch platform built on the Solana blockchain.
05.05.202501:42
In the next 7 days, major one-time token unlocks (with unlock amounts exceeding $5 million) will include projects such as LAYER, ENA, SPEC, KAS, MOVE, and NEON. Additionally, significant linear unlocks (daily unlocks exceeding $1 million) are expected for SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, and MORPHO. The total value of unlocked tokens is projected to exceed $389 million. — link
04.05.202523:28
On April 16, 2025, the Solana Foundation discovered a zero-day vulnerability in the Token-2022 standard’s confidential transfers feature, which could have allowed attackers to forge zero-knowledge proofs to mint unlimited tokens or steal user assets. The Foundation privately coordinated with validators to deploy a fix within two days, without publicly disclosing the issue. — link
04.05.202512:51
Asia's weekly TOP10 crypto news (Apr 28 to May 4) Beijing Releases the Action Plan for the Development of Blockchain Innovation Applications, Singapore Gulf Bank Launches SGB Net, Ant Digital Technology Launches the Jovay Layer 2 Blockchain and the DTVM Stack Smart Contract Platform, KuCoin Plans to Return to the South Korean Market and more — link
05.05.202511:10
Digital asset investment products recorded inflows for the third consecutive week, totaling $2 billion last week and bringing the three-week cumulative inflow to $5.5 billion. Bitcoin saw $1.8 billion in inflows last week. Ethereum registered stable inflows for the second week in a row, totaling $149 million and bringing its two-week inflow total to $336 million. Solana recorded a modest inflow of $6 million. — link
05.05.202510:07
Binance Wallet Exclusive TGE Phase 15 is set to launch the project MYX Finance (MYX). The subscription period will be from 16:00 to 18:00 (UTC+8) on May 6, 2025. Details regarding subscription eligibility will be announced prior to the start of the subscription. An additional 40 million MYX tokens will be allocated for future marketing activities. — link
05.05.202506:02
During last week’s trading days (April 28 to May 2), spot Bitcoin ETFs saw a net weekly inflow of $1.81 billion, marking the third consecutive week of positive flows. Spot Ethereum ETFs recorded a net weekly inflow of $106 million, with BlackRock’s ETF ETHA leading the pack with $87.57 million in inflows. — link
05.05.202501:41
OKX DEX will restart today with realtime abuse detecting and blocking system. Bloomberg earlier reported that European crypto regulators are investigating OKX's Web3 service, which hackers used to launder $100 million in crypto stolen from Bybit. — link
04.05.202517:58
Elon Musk posted on X saying “sup @gork” and mentioned that he had changed his profile picture to gork’s, asking for their opinion. Following the post, the Solana-based meme coin “gork,” a satirical token parodying xAI’s Grok chatbot, surged by approximately 70% in a short span. — link
04.05.202507:34
Binance and the Kyrgyz National Agency for Investments have signed a strategic MoU to accelerate the country's digital-asset sector. The partnership will bring crypto payments to Kyrgyzstan through Binance Pay and support educational initiatives relying on Binance Academy’s expertise. — link
05.05.202510:31
Binance founder CZ said he has suggested BNB and BTC as one of the starting currencies for Kyrgyzstan's national cryptocurrency reserve. Previously, CZ announced that he had accepted the invitation of Kyrgyz President Sadyr Japarov to join the Kyrgyz National Crypto Committee. — link
05.05.202507:17
Tether CEO Paolo Ardoino has announced the upcoming launch of a new project, Tether ai. Its core product,“Personal Infinite Intelligence,”is a fully open-source AI runtime designed to run on any hardware or device, requiring no API keys and having no central point of failure. It is fully modular and composable. Notably, the AI runtime will integrate WDK (presumably Tether’s developer kit) to support payments using USDT and Bitcoin. — link
05.05.202505:11
How Two High-Frequency Traders Exploited an Exchange Loophole to Make $43 Million
In the VOXEL incident, market maker claims to have made $43 million through fair high - frequency trading, using 100 sub - accounts. CEX accuses the associated accounts of illicitly profiting over $20 million and plans to airdrop recovered funds to users. The market maker defends their actions as legitimate trading. The article also details a high - frequency trading strategy similar to the Lead - Lag model used during the incident, which takes advantage of price differences between CEXs to make profits. Read more — link
In the VOXEL incident, market maker claims to have made $43 million through fair high - frequency trading, using 100 sub - accounts. CEX accuses the associated accounts of illicitly profiting over $20 million and plans to airdrop recovered funds to users. The market maker defends their actions as legitimate trading. The article also details a high - frequency trading strategy similar to the Lead - Lag model used during the incident, which takes advantage of price differences between CEXs to make profits. Read more — link
05.05.202500:05
Trump stated that the U.S. film industry is rapidly declining as other countries offer incentives to attract American filmmakers and studios, undermining Hollywood and other regions. In response, he has authorized the Department of Commerce and the U.S. Trade Representative to begin imposing a 100% tariff on all imported films produced abroad. — link
04.05.202517:16
According to the Financial Times, the Maldivian government has signed a joint venture agreement with Dubai-based MBS Global Investments to develop a $8.8 billion blockchain and digital assets financial center in Malé, aiming to shift the country’s economy away from reliance on tourism and fisheries. The project has already secured preliminary funding commitments of $4–5 billion. — link
04.05.202503:11
According to Joseilbo, the Financial Services Commission of South Korea announced that starting from June, non-profit organizations and virtual asset exchanges will be able to sell their virtual assets in accordance with the law, provided that they establish an internal review mechanism and strengthen anti-money laundering reviews. — link
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