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Vitalik published an article discussing the improvement of Ethereum's PoS mechanism. He proposed two key goals: achieving single-slot finality (i.e., blocks are confirmed in one slot) and democratizing staking (lowering the staking threshold to 1 ETH). To this end, he proposed three possible solutions: improving the signature aggregation protocol, introducing the Orbit committee mechanism, and implementing a two-tier staking system. — link : Wu Blockchain News
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Last week (October 7 to October 11), Bitcoin spot ETFs had a net inflow of $308m. Grayscale ETF GBTC had an outflow of $50.02m, BlackRock ETF IBIT had an inflow of $140m, and Fidelity Bitcoin ETF FBTC had an inflow of $138m. — link Last week (October 7 to October 11), the Ethereum spot ETF had a net outflow of $5.22m. — link : Wu Blockchain News
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Monochrome Asset Management is preparing to launch Australia's first Ethereum spot ETF (IETH) on Cboe, which will begin trading on Monday. According to reports, the fund will position itself as the world's first fund to provide physical Ethereum subscription and redemption. Previously in June, Monochrome Asset Management launched Australia's first Bitcoin spot ETF IBTC on Cboe Australia. — link : Wu Blockchain News
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The Ethena community has initiated a proposal to add SOL as a backing asset for USDe, with a mechanism that is basically the same as the hedging mechanism currently used by Ethena for BTC and ETH perpetual futures. The proposal also includes BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as backing assets for USDe. — link : Wu Blockchain News
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"If you want to win, you need a Bitcoin Strategy."
- Michael Saylor : Bitcoin
FUN FACT: 🇸🇻 Pizza Hut accepts Bitcoin in El Salvador 🍕 : Bitcoin
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NEW: 🟠 Each American taxpayer now owes +4.3 #itcoin towards the U.S. national debt 👀
Check it here: https://usdebtclock.org/ : Bitcoin
Asia's weekly TOP10 crypto news (Oct 7 to Oct 13) China Plans to Significantly Increase Debt Ceiling to Aid in Local Debt Resolution, Korean FSC to Reconsider Lifting Ban on Local Spot Cryptocurrency ETFs, Thailand SEC Proposes New Rules Allowing Mutual and Private Funds to Invest in Digital Assets — link : Wu Blockchain News
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The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance program. SARS is seeking information on crypto users and stepping up efforts to identify and audit non-compliant taxpayers. The taxman urged taxpayers to participate in the voluntary disclosure program, highlighted the consequences of deliberate tax evasion, and said all non-compliant taxpayers will be held accountable. — link : Wu Blockchain News
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Andre Cronje: L2s as appchains are not logical for builders. Barely any infra when deploying (stable coins, oracles, institutional custody, etc). Appchains also grossly underestimate the cost of infra and compliance (explorers, custody, exchanges, oracles, bridges, toolkits, IDEs, on/off ramps, native issuance&integration, regulatory, compliance). — link : Wu Blockchain News
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Vitalik: We need to maintain an ecosystem where ethereum people feel they are on the same team, and this has a tech interoperability part, a values/culture part, and an economics part too. EIP-7762, based rollups, other forms of fee sharing, are all valuable places to start. — link : Wu Blockchain News
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ICYMI: 🟠 Mt. Gox trustee postpones deadline to repay creditors by one year to October 2025, reducing sell pressure concerns for Bitcoin 👀 : Bitcoin
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JUST IN: Donald Trump to launch crypto token sale on Tuesday. : Watcher Guru
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James Howells, an IT engineer in Newport, UK, is suing the Newport City Council for £495 million (about $647 million) after accidentally discarding a hard drive containing 8,000 bitcoins. Howells has tried to retrieve the hard drive from the local landfill, but has been thwarted by the city council, which has repeatedly rejected his requests to dig up the site. — link : Wu Blockchain News
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Neiro: We have halted our relationship with Gotbit, who were our market maker partners. None of the issues involving Gotbit or its employees involve or are relevant to Neiro in any capacity. We have withdrawn some MM funds back to the community multisig. It was a mistake which I am responsible for. — link : Wu Blockchain News
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Avalanche Foundation to repurchase tokens sold to Terra's LFG in 2022 deal, pending court approval — link | tl;dr : unfolded. DeFi
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According to TokenUnlocks, the single large-amount unlocking in the next 7 days includes ARB AXS EIGEN STRK APE PIXEL ADA PRIME, etc., and the linear large-amount unlocking in the next 7 days includes WLD SOL TAO AVAX SEI NEAR DOT DOGE SUI FIL BEAM ARKM, etc. The total unlocking value exceeds 498 million US dollars. — link : Wu Blockchain News
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According to News1, the Korean Virtual Asset Committee will be established this month and plans to hold its first meeting as early as this month to discuss issues such as the approval of virtual asset spot ETFs and corporate virtual asset investments. — link : Wu Blockchain News
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NEW: 🟠 Google trends search term "bitcoin" just hit a 4 year low.
Guess what happens next 👀 : Bitcoin
Another Day in Crypto article is out - by DAdvisoor - 𝕏/@DAdvisoor : Leviathan News
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MICHAEL BURRY: 💸 When the interest on your debt eclipses your tax income, your country is a Ponzi scheme 👀
Bitcoin solves this. : Bitcoin
According to Lookonchain, a wallet associated with Longling Capital (the cryptocurrency fund of Cai Wensheng, the founder of China's Meitu company) has purchased another 5,000 ETH today. The wallet currently holds 68,064 ETH (about $168 million) and borrowed 44 million USDT from Aave. In 2022, Longling Capital was liquidated for 93,793 ETH (about $114 million). — link : Wu Blockchain News
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According to Protos, Bitcoin developers disclosed details of an high-severity software bug. Over 13% of the home and business computers around the world that enforce Bitcoin’s rules are vulnerable to a remote shutdown. The bug, named CVE-2024-35202, affects Bitcoin nodes running Core software prior to version 25.0. Nodes that have not updated to at least 25.0 allow an attacker to remotely exploit an assertion in the software logic that handles block transaction (‘blocktxn’) messages. Credit for discovering and disclosing the vulnerability goes to Niklas Gögge, who also provided the patch implemented in Bitcoin Core v25.0. — link : Wu Blockchain News
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According to Lookonchain, Vitalik's address sold a large amount of memecoins again and received 257.1 ETH ($636K), including: 330,000 MSTR, 14M POPCAT, 14B ITO, 1.05M ETH6900, 50.53B SATO and 10B Milo. According to previous practice, Vitalik will donate the funds later. — link : Wu Blockchain News
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Unlimited fiat, only 21 million Bitcoin. : Bitcoin
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FLASHBACK: 🟠 Michael Saylor said once he understood Bitcoin, he couldn’t sleep because he feared someone else would buy it all before he could! 😅 : Bitcoin
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HISTORY: 🟠 Hal Finney sent this email only days after #Bitcoin was created. Mind you, a coin had no value at the time 🤯
A Bitcoin literally cost $0.00! : Bitcoin
According to coingecko, 9 Memecoins have been included in the top100 cryptocurrencies by market value, including DOGE ranked 9th with a $16.274b; SHIB ranked 14th with $10.546b; PEPE ranked 29th with $4.203b; WIF ranked 39th with $2.726b; BONK ranked 60th with $1.530b; POPCAT ranked 63rd with $1.488b; FLOKI ranked 64th with $1.357b; BRETT ranked 85th with $940m; NEIRO ranked 89th with $869m. — link : Wu Blockchain News
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🇨🇭 Buying McDonald’s in Switzerland with Bitcoin 🍔 : Bitcoin
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