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Lead by Colin Wu 吴说
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[Wu Blockchain @WuBlockchain]

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[Wu Blockchain @WuBlockchain]

Asia's weekly TOP10 crypto news: Japanese Banks to Issue Stablecoin, HK Regulated Stablecoin Coming Mid-year, Investors Evade Controls via Stablecoins, South Korea to Tax Tokenized Stocks, Malaysia Busts Crypto Fraud Ring.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/cQM4vzURqs

[Michael Saylor @saylor]

BPS measures Bitcoin per common share before senior claims. CEBE BPS measures Bitcoin per common share after senior claims. CEBE is the conservative risk metric. BPS is the common equity growth metric. BTC Yield measures BPS execution.

[Wu Blockchain @WuBlockchain]

Saylor: CEBE BPS Is the Conservative Risk Metric for Bitcoin Treasury Firms

Strategy founder Michael Saylor said Common Equity Bitcoin Exposure (CEBE) BPS measures Bitcoin exposure per share after accounting for debt and preferred stock claims, making it a conservative risk metric, while Bitcoin Per Share (BPS) reflects common equity growth. He added that higher liabilities can create “amplification,” causing BPS and CEBE BPS to diverge and potentially outperform or underperform Bitcoin depending on capital costs and liability structure.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/P1qpQHaWRV

[Wu Blockchain @WuBlockchain]

Philippine Central Bank Bars VASPs From Listing Privacy-Enhancing Virtual Assets

According to The Philippine Star, the Bangko Sentral ng Pilipinas (BSP) has explicitly prohibited virtual asset service providers (VASPs) from listing or supporting anonymity-enhancing, or privacy, virtual assets. The BSP also ordered VASPs to tighten token listing, monitoring and delisting standards, requiring due diligence on listed assets and delisting triggers when tokens no longer meet listing requirements.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/FgYfuojj7U

[Jake Brukhman @jbrukh]

Unlike many investors in crypto, I did not pivot to AI in the last few years. However, since 2020, I built some of the deepest understanding in this industry on the intersection of AI and decentralized networks (crypto, web3).

From the start, it was very clear that AI models are a centralizing force and the biggest target for government control. That point became market fact last night, with @AnthropicAI’s export control compliance.

As an investor in decentralized AI, I know that d-networks are a counterbalance to this state of affairs. In particular, the starting point of sovereign, open, public, decentralized AI is the seemingly insurmountable compute problem.

How are people supposed to source more industrial compute for frontier training than these huge trillion dollar companies? The answer is simple: there is enough commodity GPU compute in the world to compete on the frontier, but to make use of it we need new algorithms for training.

That’s what a few companies like @gensynai @PrimeIntellect @bageldotcom @Pluralis @NousResearch @MacrocosmosAI @covenant_ai set out to research, while everyone on the planet told them it was impossible.

The result is that it is not only possible, but it can be cheaper and nearly as efficient as the alternative process.

The second major problem is economic sustainability. Open source models are great, however, they are not economically viable as they don’t have a business model. So far in decentralized AI, only @Pluralis has an answer — by breaking up the weights of the model among participants, we create a business model for tokenized AI models.

This is the moment of truth — will AI become fully centralized and fall under censorship and unilateral government control? Or will the AI world realize the importance of public AI on open decentralized networks?

[Wu Blockchain @WuBlockchain]

CoinFund Founder: Decentralized AI Is the Counterweight to Centralized Model Control

CoinFund founder Jake Brukhman said that Anthropic's compliance with U.S. AI export controls highlights the growing centralization of AI models and the increasing risk of government control. He argued that decentralized AI networks could serve as a counterweight by using distributed GPU resources for frontier model training.

Brukhman cited teams including Gensyn, Prime Intellect, Pluralis and Nous Research as working on distributed training approaches, while noting that Pluralis is also exploring a business model for tokenized AI models by splitting model weights among participants.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/ABaQmhkE3I

[Wu Blockchain @WuBlockchain]

India Issues Over 44,000 VDA Tax Notices, Finds $104M in Undisclosed Income

According to The Economic Times, India's 2026 crypto tax season is seeing stricter enforcement. Virtual digital asset (VDA) gains remain taxed at 30%, while eligible transfers are subject to a 1% tax deducted at source (TDS). Investors must report each trade, swap and disposal under Schedule VDA.

The report said exchanges, custodians and wallet providers are now required to submit user-level transaction data to India's Income Tax Department for automated cross-checking against investor filings. The department has issued more than 44,000 VDA-related notices and identified over Rs 888 crore ($104 million) in undisclosed VDA income.

[Wu Blockchain @WuBlockchain]

According to Galaxy Research, Bitcoin completed its 11th-largest downward difficulty adjustment at block 953,568, with difficulty falling 10.09% from 138.96T to 124.93T. Galaxy said Bitcoin's roughly 15% price decline in June squeezed miner margins, pushing some hashrate offline and extending the epoch to 15.6 days versus the 14-day target.

[Wu Blockchain @WuBlockchain]

Michael Saylor: Investors Have Lost Confidence in Ethereum

On June 12, 2026, at the Bitcoin Corporate Day event, Michael Saylor @saylor discussed Bitcoin's rising market dominance. He stated that, excluding stablecoins, Bitcoin's dominance in the crypto market has climbed from around 41% in 2021 to nearly 70%. Saylor believes that market confidence in Ethereum has collapsed, and it is now locked in an intense competition with other tokens like Solana and BNB.

This ongoing battle has exhausted their monetary premium, meaning these tokens will have to rely solely on their utility to survive in the future. He stated that the market evolution over the past 12 months has further established Bitcoin's position as the dominant digital monetary network, solidified its attribute as digital capital, and proven that digital credit is a viable concept.

[Wu Blockchain @WuBlockchain]

Strategy CEO: We Sold 32 BTC to Inoculate the Market and Test Our Selling Process

Strategy CEO Phong Le @phongle said in a June 11 interview with CNBC that the company sold 32 BTC mainly to inoculate the market and test its internal selling process. The tax losses generated from the sale can also be used to offset related taxes.

Phong Le emphasized that the sale was not meant to pay dividends, as Strategy can still use other financing channels for that purpose. But if selling Bitcoin is beneficial to common shareholders, the company may choose to do so.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/QIGqMRsFNs

[Wu Blockchain @WuBlockchain]

Ethereum Researcher Says Post-Quantum Account Protection Can Be Implemented Today for $0.07

Ethereum Foundation privacy project Kohaku lead Nico said Ethereum can begin preparing accounts for the post-quantum era today without requiring a hard fork. According to Nico, the proposed account-level solution costs approximately $0.07 per account to deploy. The design has completed an initial review with Fable, with additional audits planned.

[Wu Blockchain @WuBlockchain]

Source: https://t.co/7lkuZortNe

[Wu Blockchain @WuBlockchain]

Bitcoin Mining Difficulty Drops 9.55%, Second-Largest Decline This Year

According to TheEnergyMag, Bitcoin mining difficulty is expected to fall by approximately 9.55% in about eight hours, marking the second-largest decline this year, following a sharp drop in network hashrate caused by early June price weakness. The adjustment is expected to increase BTC output per active hashrate by over 9%. It may also push mining hashprice back above $30 per PH/s.

Beyond the shutdown of older mining rigs due to profitability pressure, another key driver of the hashrate decline is the reallocation of power capacity toward high-performance computing (HPC) and AI data centers.

[Wu Blockchain @WuBlockchain]

@fundstrat Source: https://t.co/IG3mzIpp2F

[Wu Blockchain @WuBlockchain]

Tom Lee: Chip sell-off primarily driven by positioning ahead of SpaceX IPO

On June 10, 2026, Fundstrat Managing Partner Tom Lee @fundstrat discussed recent equity market movements in a CNBC interview. He states that the ongoing sell-off in chip stocks is primarily driven by institutional funds liquidating recent winners to raise cash for the upcoming $75 billion SpaceX IPO. He believes this is a healthy consolidation and the sector's charts are not completely broken.

As a contrarian, Lee leans against the skepticism that the SpaceX debut marks a market top, arguing that the dip will be bought and the strong tech-led uptrend will continue. Looking ahead, he views 2026 as an overall positive year, though he anticipates a potential pullback later driven by the market testing new Fed Chair Kevin Warsh, IPO lockup expirations, and looming energy shortages.

[Wu Blockchain @WuBlockchain]

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[Wu Blockchain @WuBlockchain]

Weekly Project Updates: Arbitrum Nova Enters Maintenance, Botanix to Wind Down Bitcoin Layer 2 Network, Aave Updates Risk Framework, Pudgy Party to Cease Operations, etc