Wu said that AllianceDAO co-founder QwQiao released a "Liquidity Moat" score, with blockchain at 3/10, top crypto businesses at 5/10; while 10/10 are Microsoft, Apple, Visa/Mastercard, TSMC, 9/10 are Google, Amazon, Moody’s/S&P/FICO, and 8/10 are Meta and NVIDIA. He also stated that "lacking a moat is not necessarily bad, but continuous innovation and iteration are required." In response, Dragonfly managing partner Haseeb countered, saying that Ethereum has maintained its throne over ten years despite being challenged by numerous competitors that have raised over $10 billion in total funding,

Wu says that, according to SolanaFloor monitoring, the total repurchase amount of the PUMP token launched by Pump fun has exceeded $205 million, surpassing Raydium to become the protocol with the highest total repurchase amount in the Solana ecosystem. The repurchase plan has been running for 5 months and has currently repurchased approximately 13.8% of the circulating supply.

Wu Shuo has learned that according to an official announcement, Coinbase has announced the suspension of trading for Clover Finance (CLV), EOS (EOS), and League of Kingdoms Arena (LOKA). User funds remain accessible and can still be withdrawn at any time.

The U.S. House of Representatives passed the annual National Defense Authorization Act (NDAA) with a vote of 312–112 and sent it to the Senate, but it did not include the previously promised ban on central bank digital currencies (CBDCs), sparking dissatisfaction among conservative members. In July, House Republican leaders had reached an agreement with hardliners to include a ban in the NDAA. The early version proposed to prohibit the Federal Reserve from testing, researching, developing, or issuing any digital currency, and to ban direct financial products/services to individuals. (Cointeleg

Wu said that the development network InfiniSVM announced that the mainnet Alpha version is now open to builders. The official spokesperson stated that over the past year, the team has focused on optimizing the InfiniSVM hardware architecture: using RDMA and InfiniBand networks that completely bypass the operating system, configuring dedicated computing and storage clusters, and implementing parallel execution through speculative preprocessing. Currently, the sorting logic and consensus mechanism are still undergoing continuous iteration, and the mainnet may experience short downtime during upg

The UK's Financial Conduct Authority (FCA) announced that stablecoin payments pegged to the pound will become one of its core priorities for future work. Currently, the market size of pound stablecoins is less than $6 million, far behind the global market dominated by dollar stablecoins worth $308 billion. The FCA has recently launched a stablecoin regulatory sandbox and opened applications for companies, while the Bank of England is also developing a regulatory framework for payment stablecoins. In addition to stablecoins, the FCA is also prioritizing asset tokenization on the blockchain. (DL

According to Bloomberg, Singapore's "Asia Knoxborough" Le Freeport recently received a skeleton of a Triceratops estimated to be worth about $5 million and dating back 69 million years. It was jointly purchased by Wintermute co-founder Yoann Turpin and several crypto investors. Le Freeport was acquired by Bitdeer founder Wu Jihan in 2022, and the gold token product of its subsidiary Matrixport is also backed by physical gold bars stored there. The facility states that the demand from crypto clients has surged in recent years and offers safes capable of storing hardware wallets with over $100 m

Wu said that Polygon Foundation CEO Sandeep Nailwal stated on X that the Polygon chain recently completed the Madhuguri hard fork, increasing on-chain throughput by approximately 40% to 1400 transactions per second (TPS). He said the team has a clear roadmap, aiming to increase to 5,000 TPS in the next 6 months; then entering the second phase, sprinting to 100,000 TPS within 12–24 months, with the goal of becoming the world's preferred public chain for payments.

Wu Said learns that Bridgewater Associates founder Ray Dalio posted on X that he has been using artificial intelligence to assist decision-making for over 30 years, and he stated that turning decision criteria into algorithms, allowing computers to process far more information than an individual can analyze combined with personal logic and inspiration, is one of the key factors behind Bridgewater's success. Initially used for investment decisions, this approach was later expanded to a broader range of decision-making scenarios; with the advent of large language models (LLMs), the process has b

According to Bloomberg, the Central Bank of Mexico (Banxico) released a report on Wednesday stating that it will continue to maintain a "healthy distance" between the domestic traditional financial system and digital assets. The report emphasizes that the central bank is closely monitoring the crypto market to prevent potential risks from affecting financial stability. Banxico pointed out that despite the recent introduction of new regulations in the United States and the European Union (including the US GENIUS Act and the EU's MiCA framework), which aim to allow broader use of stablecoins whi

Wu says that the Avalanche Foundation has announced the establishment of a Distributed Ledger Technology (DLT) Foundation in Abu Dhabi Global Market (ADGM). The entity will support Avalanche's business expansion in the Middle East, promote regional partnerships, projects, and the development of ecosystem initiatives.

One of the co-founders of Russia's largest crypto Ponzi scheme Finiko has been deported back to Russia after being detained in the UAE. The Russian Ministry of Internal Affairs confirmed that the suspect is accused of establishing and leading a criminal organization, committing large-scale fraud, and has been handed over at Dubai Airport to the Russian Interpol authorities. Finiko operated between 2018 and 2021 using high returns as bait, with the crypto pyramid absorbing funds but never making real investments, resulting in losses of over 1 billion rubles for more than 7,700 victims. The susp

Wu said that the Ethereum Foundation posted on Twitter that BPO-1 has been activated, increasing the blob capacity of each block to 15 and adding L2 space without a hard fork. BPO-2 will go live in January next year, further increasing capacity at that time.

Wu Shuo learned that Ondo Finance posted on the X platform stating that the liquidity source for its stock tokenization platform is the stock market, mainly from NASDAQ and the New York Stock Exchange, rather than AMM pools, which makes slippage almost nonexistent during large-scale trades. Each stock token is fully backed by custodial shares and uses a model similar to stablecoin reserves.

According to Nikkei Asia, Swiss-Singapore digital asset banking group Sygnum released its first APAC High Net Worth Individuals (HNWI) report on Thursday. The report states that among 270 respondents from APAC markets including Singapore, Hong Kong, Indonesia, South Korea, and Thailand, 60% plan to increase their crypto asset allocation, with a median allocation ratio of 10–20%, and a weighted average of approximately 17%. In terms of sentiment, 57% of high-net-worth individuals (HNWIs) and 61% of ultra-high-net-worth individuals (UHNWIs) are long-term bullish on the crypto market, believing t

Wu reported that co-founder of Framework Ventures, Vance Spencer, stated that with the Sky token now unlocked from restrictions, most early-stage institutions have fully liquidated or significantly reduced their holdings: Paradigm (7%), a16z (6%), Bain (2-4%), Syncracy (1%) have all sold out; Dragonfly (about 4-5%) and Parafi (about 3-4%) hold only a small amount of positions left. Vance said that, according to his understanding, Framework is currently the only VC still holding a large amount of Sky tokens.

Blockchain technology company BTSE platform's first phase of Stable (STABLE) staking and earning activity is now open for subscription. Participants can join by depositing or purchasing STABLE. The activity features three prize pools, with the subscription deadline on December 18th at 10:00 (UTC+8). Stable is a Layer 1 blockchain based on USDT, focused on stablecoin payments.