Colin Wu News

22.11 / 15:23

defi privacy Uniswap user data Uniswap Decentralized Exchange New Privacy Policy Says Platform Will Collect User Data – Here’s What’s Included

Major decentralized exchange (DEX) Uniswap has upgraded its privacy policy and now collects certain on-chain and off-chain data from users, a move that has attracted the ire of some members of the crypto community.

13.11 / 14:39

Government Adoption regulation Hong Kong to avoid FTX-like scenario through transparency and supervision

Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transparency and proper supervision when dealing with virtual assets.

13.11 / 10:19

business regulation transactions community Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds

To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy. However, certain anomalies found during on-chain investigations suggest foul play and market manipulation.

10.11 / 13:17

markets Bitcoin Bitcoin Price price crash Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highs

Bitcoin (BTC) miners could form the next BTC price “trigger,” research warns as withdrawals intensify.

02.11 / 12:47

business regulation Huobi Caribbean Huobi Global reportedly plans relocation to the Caribbean

Chinese crypto exchange, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, with Dominica being the first candidate.

01.11 / 13:03

Huobi Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations

Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.

01.11 / 06:11

business Ethereum Social Media Bitcoin Huobi Global denies ‘large-scale layoffs’ and key exec resignations

Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover of the Seychelles-based crypto exchange.

25.10 / 01:35

Blockchain UPS Twitter Platform Exploit FTX Exchange Users Lose Millions in Exploit – Here’s What You Need to Know

Users of the popular crypto exchange FTX have lost millions of dollars to a phishing exploit using a fake version of a website belonging to the trading platform 3Commas. However, FTX has promised to make their users whole again.

10.10 / 14:43

Pool Huobi Takeover Tron’s Justin Sun denies role in Huobi’s takeover; claims report is ‘wrong’

Update: Tron’s Justin Sun has now publicly come out to claim that he is merely an advisor on Huobi’s Board and did not purchase the exchange’s majority stake. In doing so, he called the original report ‘wrong.’

26.09 / 22:05

UPS Digital Southern Chinese police arrest crypto criminals for laundering over $5B

As the nation increases measures to curb illegal financial flows, Chinese police have dismantled a huge criminal organization reportedly responsible for a 40 billion yuan (US$5.6 billion) crypto money laundering case.

12.09 / 06:35

Lowe's Binance Remark Identifying the significance of >100K BAB-minted Binance accounts

Can BNB‘s market finally return to the midterm bullish trend given significant developments around the ecosystem? Its recent upgrades have incorporated security aspects to strengthen their wall and stand firm against hacks.

01.09 / 13:51

Ethereum Ethereum Miner Addresses Hits 4-year High Ahead of the Merge

Ethereum miner addresses have continued to grow and are now at a 4-year high according to on-chain data.

31.08 / 02:07

BTC Lowe's Bitcoin Reserve Bitcoin ownership, miner reserve have a tale you have never heard of

It looks like a season of change for Bitcoin after news came out about changing ownership patterns.

23.08 / 16:37

Ethereum ETH Progressive Platform week Reasons why Ethereum traders can consider going long this week

Ethereum [ETH] is starting to rank among accolades lately as the Merge release date appears closer. The expected- 15 September launch has gripped the crypto community with huge promised incentives.

08.08 / 12:39

Blockchain Ethereum ETH Manufacturing Miners and ETH 2.0 – Where do they stand now

As we approach the Ethereum Merge, the crypto-community’s opinions have been more vocal than usual. The much-awaited ETH 2.0 will change the blockchain’s consensus mechanism to a Proof-of-Stake model, pushing ETH miners out of business. Apart from the chances of them quitting the mining industry, there is a possibility that they opt for a hard fork in the Ethereum network or also try to switch to a different blockchain.

20.07 / 04:51

Blockchain Ethereum ETH Lowe's Would Ethereum Classic be a replacement for ETH miners after Merge

Ethereum [ETH] has shown significant movement in the past week and has shot above $1,550 as of 19 July. However, ETH doesn’t seem to be the only benefactor from the latest Merge update. Another old face from the past is reaping benefits from the news.

10.07 / 17:03

UPS Twitter Punks and Dogs – Here’s what’s doing well in the NFT market

According to journalist Colin Wu, there has been a rampant boost in sales volume for some of the market’s famous derivative projects. Bored Ape Kennel (BAKC) and CryptoPunks registered significant hikes over the last 24 hours.

21.06 / 12:17

Provident Target Digital Platform Bitcoin WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use

China’s WeChat, the Tencent-backed social messaging platform, has announced its plans in an indirect manner to crack down on accounts on the platform that are linked to digital currencies and Non-Fungible Tokens (NFTs).

31.05 / 09:35

Government Stablecoin Tether Asia China state media signals tighter crypto regulations in Terra aftermath

The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.

09.05 / 18:47

Ethereum Lowe's What this rising correlation between crypto & NFT prices can mean for investors

As per data presented by crypto reporter Colin Wu, the transaction volume of the Yuga Labs series has gone down, especially in the last 24 hours. He further mentioned in his tweet that Otherdeed, MAYC, and BAYC have witnessed a drop of 44%, 41%, and 30% respectively.

08.05 / 20:39

Extreme USDT Santiment Luna Future Terra: With major whales dumping LUNA amid sell-off, the future looks…

At the time of writing, the Terra [LUNA] token was trading at a negative value of $65.36 that opened at a price of $68.10 for the day. As per additional data from CoinGecko, the token stood at $73.27 on 7 May, 2022 and plummeted by 10.8% as of 8 May 2022.

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