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Wu said the daily evening news
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Wu Shuo Daily Featured Crypto News + Wu Shuo Weekly Picks: News Top 10 with Top Articles
1. Microsoft and Health-ISAC Obtain Court Order to Seize Domains of Three Cybercrime Service Providers Involved in Over 1 Billion Phishing Messages Microsoft and cybersecurity organization Health-ISAC have obtained a U.S. court order to seize and redirect domains related to three cybercrime service providers: YAM Store, CoGUI, and Iron Man. These providers sell illegally obtained accounts, cloud resources, and phishing tools, accepting payments in USDT, ETH, and others. Since the beginning of th
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WuBlockchain
BIS: Stablecoins have a substitutive effect on bank deposits, and deposit interest rate hikes significantly suppress the expansion of stablecoin scale
Wu reported that the latest working paper from the Bank for International Settlements (BIS) points out a clear asset substitution effect between stablecoins and bank deposits: empirical weekly data from the United States shows that for every 1 basis point increase in bank deposit interest rates, the 10-week cumulative growth rate of stablecoin market capitalization decreases by about 3 percentage points (amplified to about 9 percentage points under the instrumental variable method); this substit
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WuBlockchain
Why has France become a high-risk area for Bitcoin holders?
Author: Christina Comben Translated by: Chopper, Foresight News Original link: https://www.techflowpost.com/article/34506 Disclaimer: This article is a reprint. Readers can obtain more information through the original link. If the author has any objections to the form of reprinting, please contact us, and we will make modifications according to the author's requirements. Reprinting is for information sharing only and does not constitute any investment advice, nor does it represent the views and
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WuBlockchain
Qiao Wang: A 20x P/E ratio for trading products is not cheap On September 15, 2026, Qiao Wang @QwQiao, co-founder of Alliance, stated on the Good Game Podcast @goodgamepodxyz using Hyperliquid as an example that trading products continuously face challenges from new competitors, and a 20x P/E ratio is not cheap; even 5x is relatively high. He pointed out that the cost for on-chain users to switch platforms is almost zero, making it difficult for products to guarantee long-term stable profits. Therefore, valuation should not only consider current profits but also how long the profits can be sustained. Source: Good Game Podcast
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WuBlockchain
Shanghai Solana Enterprise Management Co., Ltd. has been registered, with Du Yanjing, Co-Head of Solana China, as the legal representative
According to publicly available information from Qichacha, Shanghai Solana Enterprise Management Co., Ltd. (registered capital of 5 million yuan) was established in June this year, with Claire Du (Du Yanjing), co-head of Solana China, serving as the legal representative; in August this year, the company held a 45% stake and jointly established Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. (registered capital of 10 million yuan) with other parties. Even Jiang, co-head of the Solana Foundati
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WuBlockchain
Three people in the UK sentenced to 5 to 6 years in prison for robbing cryptocurrency holders by breaking into their homes
Wu reported that, according to the Avon and Somerset Police in the UK, the Bristol Crown Court has delivered a verdict on a home invasion robbery case targeting cryptocurrency holders. Three men, Terroll Paul (31), Mohamed Samagassi (37), and Pierre Madzou (30), were sentenced to 6 years, 5 years, and 5.5 years in prison respectively for Aggravated Burglary. The incident occurred in the early hours of May 15, when the three forcibly entered a residence in Bristol and severely struck the victim's
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WuBlockchain
Thai police arrested a Chinese fugitive suspected of money laundering and crypto trading in Bangkok
According to Thai media Khaosod English, Thai immigration police recently arrested a 37-year-old Chinese national in Bangkok. The man is wanted by Chinese police for involvement in a transnational criminal network and money laundering activities. Police stated that the criminal network involved transactions exceeding 500 million RMB (approximately 2.485 billion Thai Baht). The suspect is accused of handling cryptocurrency and foreign exchange transactions for the criminal gang through more than
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WuBlockchain
Coinsph responds to license revocation rumors: VASP and EMI licenses remain valid, denies providing services to illegal offshore gambling
According to the Philippine crypto media BitPinas, in response to CoinDesk's previous report that Coinsph faces the risk of license revocation due to alleged involvement in offshore gambling transactions, the Philippine crypto exchange Coinsph stated that the virtual asset service provider (VASP) license of its subsidiary Betur Inc. and the electronic money issuance (EMI) license of DCPay Philippines remain valid, denying providing services to illegal offshore gambling operators. Coinsph indicat
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WuBlockchain
Holograph's illegal issuance case of 1 billion tokens goes to trial in Paris, involving approximately 14 million USD
According to France's Le Figaro citing AFP, the illegal issuance of 1 billion Holograph (HLG) tokens in 2024 was brought to trial in Paris on October 16, involving an amount of approximately 14 million USD. Among the three defendants, the main suspect is a former Ukrainian Holograph employee residing in France, accused of illegally minting 1 billion HLG tokens by modifying the token creation conditions, transferring them to a personal wallet, and then moving funds through multiple exchange accou