Wu Blockchain News

South Korea’s largest crypto exchange, Upbit, will list the YB/BTC and YB/USDT trading pairs. YieldBasis is a Bitcoin leveraged liquidity protocol built on Curve Finance infrastructure. — link

The Bank of Lithuania warned that domestic crypto asset service providers must obtain a license by December 31 or be deemed to be operating illegally and face penalties. The central bank said that from January 1, any entity continuing to onboard new users, receive crypto assets, or provide services without MiCA authorization will be considered engaged in illegal financial activities, potentially facing fines, website blocking, and up to four years in prison. — link

Gemini, described as the third-largest crypto exchange in the United States, announced that it has launched trading and custody support for BNB. BNB is the native asset of the BNB Chain ecosystem, originally issued by Binance in 2017, and is commonly used to pay trading and network fees. Kraken already supports BNB, while Coinbase has added BNB to its listing roadmap but has not yet launched trading. — link

Wintermute founder Evgeny Gaevoy said Wintermute has invested in AAVE since 2022, participates in its governance, and that he personally holds AAVE, while having no equity exposure to Aave Labs. He said the AAVE governance dispute centers on token value accrual and mismatched expectations, adding that it remains unclear whether the front-end and brand governance structure would ensure value accrual to token holders, and that the proposal lacks sufficient detail and Wintermute will vote against it. — link

According to ZachXBT, multiple Trust Wallet users reported unauthorized fund outflows from their wallet addresses within the past few hours. The root cause has not yet been confirmed, but the incidents occurred after Trust Wallet’s Chrome extension released an update yesterday. — link

According to @defioasis, Binance Wallet leads with a current ROI of 12.69x and an ATH ROI of 78.01x among 12 major launch platforms over the past year. Echo is the top non-CEX platform with an ATH ROI exceeding 17x. Several projects launched on Binance’s Buildpad have seen an ATH ROI close to 10x. MetaDAO, which carries high expectations for Solana ICM, shows a current ROI of 4.15x and an ATH ROI of 8.73x. — link

Ethereum will undergo key upgrades in 2026, with the Glamsterdam fork enabling parallel processing and increasing the gas limit to 200 million, up from 60 million. Validators will shift to validating ZK proofs, paving the way for Ethereum L1 to achieve 10,000 transactions per second. The Heze-Bogota fork will focus on improving privacy, censorship resistance, and further decentralizing Ethereum. — link

According to CoinGlass' annual report, the total trading volume of the crypto derivatives market in 2025 was approximately $85.7 trillion, with an average daily trading volume of $264.5 billion. The total nominal value of forced liquidations for long and short positions throughout the year was around $150 billion, with daily liquidations averaging $400–500 million. In the RWA sector, on-chain US stock tokens became a new highlight in 2025, with the total market cap of stock tokens increasing by 2,695%. — link

Christmas Day. Wishing everyone a peaceful holiday.

CZ's 2025 Year-End AMA: Four Core Focus Areas and His Views on Stablecoins and Prediction Markets CZ reflects on 2025 as a turning point both personally and for the broader crypto industry. He discusses life after his pardon, how his focus has shifted toward education, early-stage investing, ecosystem mentoring, and advising governments on crypto policy. The conversation covers key milestones across BNB Chain, Giggle Academy, YZi Labs, and Binance. Read more: — link

Castle Labs data shows L1 tokens have broadly underperformed this year: HYPE is down 6.5%, ETH 15.3%, SOL 35.9%, SUI 67.3%, AVAX 67.9%, and TON 73.8%. Only BNB and TRX posted gains, up 18.2% and 9.8%, respectively. — link

AMLBot reported that between 2023 and 2025, Tether and Circle froze approximately $3.3 billion and $109 million in crypto assets via their freezing mechanisms—a roughly 30x gap. The report said Tether blacklisted 7,268 addresses during the period, with over 2,800 handled in coordination with U.S. law enforcement, and recovered some scam- and crime-linked funds through a “freeze + burn + reissue” process; more than 53% of frozen USDT was on Tron. By contrast, Circle was described as taking a more conservative approach, freezing 372 addresses totaling $109 million only under court or regulatory orders, and not reissuing or burning tokens. — link

Russia’s two major stock exchanges, the Moscow Exchange (MOEX) and the St. Petersburg Exchange (SPB), said they are ready to launch cryptocurrency trading once regulations are in place. The proposed rules would allow both retail and qualified investors to participate, with retail investors capped at 300,000 rubles per year, while qualified investors would face no limits (excluding privacy coins). — link

According to SoSoValue, on Dec. 24 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $175 million. The BlackRock spot Bitcoin ETF IBIT saw the largest single-day net outflow among Bitcoin spot ETFs at $91.37 million. Spot Ethereum ETFs posted total net outflows of $52.70 million, while Solana spot ETFs saw total net inflows of $1.48 million and XRP spot ETFs recorded total net inflows of $11.93 million. — link

Bybit released its 29th Proof of Reserves report (snapshot date: Dec. 17). User BTC holdings stood at about 63,000 BTC, down 5.49% from the previous snapshot on Nov. 19 (a decrease of 3,674 BTC). User ETH holdings were about 537,000 ETH, down 6.67% (down 38,361 ETH). User USDT holdings rose to about 6.05 billion USDT, up 8.13% (an increase of around 450 million USDT). — link

According to Binance market data, the BTC/USD1 trading pair saw a brief wick at around 17:15 on Dec. 24, with BTC dropping to $24,111.22 before quickly recovering. The pair has since normalized, last trading at $87,880.10. USD1 is a stablecoin launched by Trump family-backed World Liberty Financial. — link

According to CryptoRank, the top 10 token sales of 2025 are as follows: Pumpfun - $600 million, WLFI - $550 million, Monad - $217 million, MegaETH - $78 million, Aztec - $52 million, Plasma - $50 million, Gensyn - $16 million, Solayer - $10.5 million, Sahara AI - $8.5 million, and Lombard - $6.7 million. — link

The EU’s crypto tax transparency directive, DAC8, will take effect on January 1, 2026, requiring crypto-asset service providers, including exchanges and brokers, to report user identification and transaction data to national tax authorities, with the information shared across member states. Firms have a transition period and must bring reporting systems, customer due diligence, and internal controls into compliance by July 1. — link

Circle told CoinDesk that a press release claiming it had launched a platform called “CircleMetals,” offering swaps between USDC and purported tokenized gold and silver, is not real. The release used Circle branding and quoted executives including CEO Jeremy Allaire, but a Circle spokesperson said it was “not real.” CoinDesk noted that there is no evidence to suggest that the referenced GLDC, SILC, or CIRM tokens exist. — link