Wu Blockchain

Wu Blockchain

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Important Crypto News mainly Asia Lead by Colin Wu 吴说 More Channels: https://t.co/EWW3fUtX5v Contact: Tele colinwu1989 non-financial advice

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WuBlockchain Weekly: Hong Kong unveils three new virtual-asset measures; Trend Research exits ETH with $869M loss; London Stock Exchange Group to roll out on-chain settlement; Chinese banks told to curb U.S. Treasury holdings; Bithumb’s 620,000 BTC payment error; High-court hearing set for 60,000 BTC laundering case; Goldman Sachs holds $1.1B in crypto ETFs and More wublock.substack.com/p/wublock...…

Espresso Analysis: How to Solve the Fragmentation and Centralized Sequencing Dilemma of Rollups Espresso is building a decentralized shared sequencer and confirmation layer to address Rollup fragmentation and centralization. Using its HotShot consensus, it provides fast finality and ensures only confirmed blocks settle on Ethereum, improving censorship resistance. With cross-chain tools like Presto and integrations across 20+ chains, Espresso aims to become core infrastructure for the modular Rollup ecosystem.

Espresso Analysis: How to Solve the Fragmentation and Centralized Sequencing Dilemma of Rollups

RootData figures show that Espresso Systems has completed two funding rounds totaling $60 million, with investments from entities including a16z and Coinbase Ventures.

The U.S. DOJ said Praetorian Group International CEO Ramil Ventura Palafox was sentenced to 20 years in prison for running a $200 million Bitcoin Ponzi scheme that defrauded over 90,000 investors. Authorities said victims lost at least $62.7 million, while Palafox used funds for luxury cars, real estate, and personal expenses.

February 13 Options Expiration Data 38,000 BTC options expired with a Put-Call Ratio of 0.71, maximum pain point at $74,000, and notional value of $2.5 billion. 215,000 ETH options expired with a Put-Call Ratio of 0.82, maximum pain point at $2,100, and notional value of $410 million. x.com/GreeksLive/status/202220...…

On February 12 (ET), Bitcoin spot ETFs saw a total net outflow of $410 million, with none of the 12 ETFs posting a net inflow. Ethereum spot ETFs had a total net outflow of $113 million, with all nine ETFs showing no net inflows. sosovalue.com/zh/assets/etf/us...…

According to Arkham, Bhutan has sold another $6.7 million in Bitcoin, continuing weekly sales over the past three weeks. Bhutan had planned to produce up to 600MW of mining power with Bitdeer Technologies, but on-chain data shows mining has slowed since the April 2024 halving. In September, it sold at least $100 million in Bitcoin and appears to be gradually continuing sales. Identified wallets still hold around $372 million in Bitcoin. x.com/arkham/status/2022158683...…

South Korea’s largest crypto exchange, Upbit, announced it will delist Loopring (LRC) at 15:00 KST on March 16. Upbit cited multiple issues with LRC, including insufficient disclosure of key information, doubts about business legitimacy, and concerns over sustainability and actual progress, which could potentially lead to user losses. upbit.com/service_center/notic...…

JPMorgan analysts estimate Bitcoin’s production cost has dropped to $77k (from $90k earlier), with hashrate rebounding and costs likely rising after the next difficulty adjustment. They remain positive on crypto in 2026, citing expected institutional inflows and regulations like the Clarity Act, with a long-term Bitcoin target of $266k. Recent difficulty fell 15% due to high-cost miner shutdowns and U.S. winter storms, but hashrate is recovering. x.com/TheBlock__/status/202201...…

The total market capitalization of tokenized gold has surpassed $6 billion, with an increase of more than $2 billion since the beginning of this year. Among them, Tether Gold (XAUT) and Paxos Gold (PAXG) together account for approximately 96.7% of the market share. Tokenized gold has locked up more than 1.2 million ounces of physical gold. dune.com/gateresearch/tokenize...…

Aave Labs submitted a Temp Check governance proposal to adopt Aave V4 as the protocol’s core architecture and route 100% of Aave-branded product revenue to the Aave DAO treasury, while requesting one-year funding of $25 million in stablecoins and 75,000 AAVE to support development, product build-out, and go-to-market efforts. x.com/aave/status/202202194202...…

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