Wu Blockchain News

CZ vs. Peter Schiff: A Debate on Bitcoin vs. Tokenized Gold At Binance Blockchain Week 2025, CZ and gold advocate Peter Schiff debated whether Bitcoin or tokenized gold is the better store of value and payment asset. Schiff argued tokenized gold combines blockchain transferability with “real” backing and lower volatility, while CZ said Bitcoin’s trust-minimized design, global liquidity, and borderless portability give it stronger long-term advantages. The discussion also touched on verification, custody trust assumptions, and whether crypto cards count as “paying with crypto,” with both sides holding firm to opposing views. Read More — link

Visa has launched a Stablecoins Advisory Practice to help banks, fintechs and enterprises design and implement stablecoin strategies. The service will support use cases such as cross-border and B2B payments, as Visa deepens its push into stablecoins. — link

BingX announced that its global user base surpassed 40 million in 2025, representing approximately 100% year-over-year growth, with peak daily trading volume exceeding $26 billion. The platform stated that over the past year it has focused on advancing AI-powered trading tools, upgrading derivatives and spot trading features, and continuing to invest in security measures, including maintaining 100% Proof of Reserves and operating a user protection fund. — link

Digital asset ETPs saw US$716M in weekly inflows, lifting total AuM to US$180B. Bitcoin attracted US$552M. XRP and Chainlink saw inflows of US$245M and US$52.8M, respectively. Ethereum recorded inflows of US$338M while Hyperliquid saw outflows of US$14.1M. — link

JPMorgan is launching a tokenized money-market fund on the Ethereum blockchain for qualified investors, marking another step deeper into crypto and blockchain-based financial products. The new fund will be seeded with $100 million of JPMorgan’s own capital. — link

The Bank of Japan is expected to begin selling its ETF holdings as early as January, starting a gradual process that could take decades to complete. The holdings had a market value of ¥83 trillion ($534 billion) at the end of September and a book value of ¥37.1 trillion. — link

According to Tokenomist, large one-time token unlocks (single unlocks exceeding $5 million) scheduled over the next seven days include ZRO, ARB, SEI, ZK, LISTA, and ID. Large linear unlocks (daily unlocks exceeding $1 million) over the same period include RAIN, SOL, TRUMP, WLD, DOGE, ASTER, AVAX, and TAO. The total value of these unlocks exceeds $309 million. — link

Base co-founder Jesse Pollak promoted and backed a meme token issued by Soulja Boy, sparking community criticism. ZachXBT questioned why Soulja Boy was being given a platform, citing his April 2023 research showing 73 promotions and 16 NFT launches, many of which were scams. — link

According to @punk8185, the total network hashrate dropped by approximately 100 EH/s yesterday, a decrease of about 8%, with at least 400,000 Bitcoin mining rigs shutting down, mainly due to the closure of Bitcoin mining farms in Xinjiang, China. — link

Upbit, South Korea’s largest crypto exchange, announced it will list HumidiFi (WET) with KRW, BTC, and USDT trading pairs, with trading scheduled to open at 18:30 KST on Dec. 15. HumidiFi is a Solana-based decentralized trade execution layer designed to improve on-chain liquidity and execution efficiency. — link

Ethereum Foundation AI lead Davide Crapis said that a platform claiming to support free speech should disclose its algorithm optimization goals. Ethereum co-founder Vitalik Buterin went further, proposing that every algorithmic decision be zero-knowledge proven, ideally with content and engagement timestamps recorded on-chain to prevent censorship or time manipulation, and that the full algorithm code be released after a 1–2 year delay. — link

The cybersecurity nonprofit Security Alliance (SEAL) warned that North Korean hackers are using fake Zoom meetings to carry out cryptocurrency scams, with attacks now occurring daily. Researcher Taylor Monahan said the method has caused losses of over $300 million, typically starting from compromised Telegram accounts and leading victims to download malware that steals passwords, private keys, and crypto assets. — link

From Dec. 8 to Dec. 12 (ET), Bitcoin spot ETFs recorded net inflows of $287 million for the week. Ethereum spot ETFs saw weekly net inflows of $209 million. SOL spot ETFs posted net inflows of $33.6 million, with none of the seven ETFs recording net outflows during the period. — link

Manta Network–incubated AI metaphysics application superfortune has announced the launch of a Web2 app, expanding its focus into the Web2 consumer market to increase project current revenue. The app uses AI technology to provide personalized services such as Bazi and feng shui. It is now available on Google Play, with an iOS version planned for release soon. — link This post is sponsored by Manta.

The UK Treasury is drafting rules to bring cryptocurrencies and related services under FCA supervision from 2027, regulating exchanges and digital wallets like other financial products with transparency and compliance requirements. The government is also planning to ban political donations made using cryptocurrency. — link

YO Labs, the developer behind YO Protocol, raised $10 million in a Series A round led by Foundation Capital, with participation from Coinbase Ventures. The protocol focuses on cross-chain yield optimization via automatic rebalancing, with funds set to expand to more blockchains and strengthen infrastructure. — link

South Korea’s Financial Services Commission (FSC) failed to submit a won-stablecoin regulatory bill by the Dec. 10 government deadline, citing the need for further inter-agency coordination. The delay reflects ongoing disagreements with the Bank of Koreawhich seeks veto power over stablecoin issuance and limits on big tech participation—leaving the regulatory outlook uncertain. — link

Asia’s weekly TOP10 crypto news (Dec 8 to Dec 14): ADNOC rolls out stablecoin payments across nearly 1,000 fuel stations; Hong Kong advances CARF crypto tax data exchange; Pakistan explores $2B asset tokenization with Binance; Japan plans to move crypto regulation into securities law; Terra founder Do Kwon sentenced to 15 years, and more. — link

Spanish police have dismantled a crypto-targeted kidnapping ring accused of violently abducting victims to extort digital assets, with one case resulting in a death. Authorities arrested multiple suspects and seized evidence linked to crypto wallets, communications devices, and ransom payments. — link

Bitwise Alpha head Jeff Park said BTC’s upside is capped by OG holders continuously selling options, suppressing price action and implied volatility. While ETFs are buying spot and calls, demand remains insufficient to offset native options sell pressure, keeping BTC stuck in a high-supply, low-volatility trading range. — link