Wu Blockchain News
06.05.202515:00
Antalpha has applied to be listed on the Nasdaq Global Market, with an expected offering price of between $11 and $13 per share. Antalpha is Bitmain's main lending partner, providing Bitcoin supply chain and margin loans. — link
Financing partner Northstar has provided almost all of the funds for the loans it has initiated in the past. Antalpha is a sister company of Northstar and is jointly owned by the parent company. Bitmain founder Mr. Zhan Ketuan is the ultimate beneficial owner of the parent company, but he is not involved in the operation of the parent company. — link
Financing partner Northstar has provided almost all of the funds for the loans it has initiated in the past. Antalpha is a sister company of Northstar and is jointly owned by the parent company. Bitmain founder Mr. Zhan Ketuan is the ultimate beneficial owner of the parent company, but he is not involved in the operation of the parent company. — link
06.05.202511:30
Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) on May 6, 2025, at 15:00 (UTC) and apply the Seed Tag to both tokens. New spot trading pairs: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC. — link
06.05.202507:24
KuCoin has published its 30th consecutive Proof of Reserves report, showing full backing and overcollateralization of major assets: BTC at 106% (10,306.78 BTC), ETH at 116% (168,779.13 ETH), USDT at 114% ($1.34B), and USDC at 109% ($93.4M). — link
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
05.05.202517:43
Riot Platforms sold 475 BTC in April 2025, marking its first major bitcoin sale since January 2024 and signaling a departure from its long-standing 100% hodl strategy. The sale included 463 BTC mined during the month and an additional 12 BTC from reserves, generating approximately $38.8 million in proceeds. — link
05.05.202514:02
Binance founder CZ responded that a former employee was fired by Binance for insider trading. The community combined the context and suspected that it was Dingaling, the founder of Boop. Binance Alpha just announced the launch of Boop. Dingaling's personal introduction claimed that he was the founder of PancakeSwap and the former CRO of Binance. But CZ denied the existence of CRO in Binance. — link
06.05.202513:43
Canadian-listed company SOL Strategies has announced the completion of the deployment of its first US$20 million tranche from a US$500 million convertible note facility with ATW Partners. The company has acquired 122,524 SOL at an average price of US$148.96 per token, totaling approximately US$18.25 million. — link
06.05.202510:29
According to FT, AI code editor Cursor has completed $900 million in financing, with a valuation of $9 billion. Alameda invested $200k in its seed round in 2022, but was sold by FTX liquidators for $200k. The stake may currently be worth around $500 million. — link
06.05.202505:09
The Clanker team said that they were aware of the bad behavior of proxystudio during his previous work, and the Clanker team decided to part ways with it, and the multi-signature owner has been updated. Gabagool stole about $350k of team funds while working at Velodrome, although he later returned it under pressure. — link
06.05.202501:00
According to crypto journalist Eleanor Terrett, Acting CFTC Chair Caroline D. Pham stated at the Network Medici conference that the CFTC plans to participate as an observer in several industry tokenization pilot programs. The goal is to gain firsthand insight into how tokenized assets operate in real-world scenarios and to build regulatory and technical expertise. — link
05.05.202517:22
According to CNBC, Donald Trump has two crypto-focused dinners scheduled this month. The first, the “Crypto & AI Innovators Dinner” on May 5, hosted by MAGA Inc., features guest David Sacks and costs $1.5 million per plate. The second, on May 22 at Trump National near Washington, D.C., is open to the top 220 holders of the $TRUMP meme token, determined through a blockchain-based contest. — link
05.05.202513:30
The U.S. SEC Crypto Asset Working Group has announced that it will hold a roundtable on May 12 titled “Tokenization – On-Chain Assets: The Intersection of TradFi and DeFi.” Additionally, the SEC announced that the roundtable originally scheduled for June 6, “DeFi and the American Spirit,” has been rescheduled to June 9. — link
06.05.202512:47
VC Monthly Report: April Sees Lowest Number of Fundraising Deals in 4 Years, but Highest Funding Amount in Nearly 3 Years; CeFi Sees Explosive Growth for Two Consecutive Months Read more — link
06.05.202509:40
Binance Futures will list B2USDT and MILKUSDT perpetual contracts at 21:30 and 21:45 (UTC+8) on May 6, respectively, with up to 50x leverage. Previously, B2 and MILK were listed on the Binance Alpha Market. — link
06.05.202503:57
On May 5, spot Bitcoin ETFs saw a total net inflow of $425 million, marking three consecutive days of net inflows. All nine spot Ethereum ETFs recorded zero net inflows or outflows throughout the day, showing no movement. — link
05.05.202519:55
Coinbase has added PAX Gold (PAXG) to its listing roadmap. — link
05.05.202516:22
On May 5, 2025, OFAC designated the Karen National Army (KNA), a militia group in Burma, for involvement in transnational crimes including cryptocurrency-related fraud. KNA facilitated large-scale online scams through fake crypto investment platforms, resulting in over $2 billion in U.S. victim losses in 2022 and $3.5 billion in 2023. OFAC also identified Huione Group as a key laundering channel for illicit virtual asset proceeds. — 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
06.05.202511:54
Emma Reynolds of the UK Treasury said that the UK will not follow the US government's example in reserving Bitcoin, and the UK will not copy the EU MiCA regulatory framework, but prefers to allow digital assets to operate within the existing traditional financial regulatory framework. — link
06.05.202507:56
According to Reuters, Singapore Gulf Bank has named former U.S. Federal Reserve Vice Chair Randal Quarles as vice chairman of its newly formed global advisory board to support its international expansion. Other members include Ctrip co-founder Fan Min, Boyu Capital founding CEO Louis Cheung, and Beyon Digital CEO Shaikh Mohamed Khalifa Al Khalifa. — link
06.05.202503:38
According to @TKVResearch, Virtual Genesis Launch hit record highs on May 5 with 2,274 transactions and 1,910 active addresses. Since its launch just over two weeks ago, it has reached 18.9k total transactions, 8.3k addresses, and 775,900 VIRTUAL committed — including a daily net inflow high of 259,300 VIRTUAL on May 5. — link
05.05.202519:45
The U.S. SEC has delayed its decision on the proposed Canary Spot Litecoin ETF to allow more time for evaluation. — 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
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