Wu Blockchain
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It is a Newsletter provided by WuBlockchain, China's most popular industry media. We provide you with the most important and exclusive news and analysis on China's cryptocurrency industry every week. If you are interested in China's crypto mining, regulatory policies, exchanges, and capital, please subscribe to this Newsletter. Source
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| Scope | National |
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| Language | English |
| Country | China |
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Recent Articles
Search ArticlesWhy Does ICE Need OKX in a World Without a Closing Bell?
Complied by |WuBlockchain Original Link: https://t.co/h6TTy70KU6 10:42 AM · Jun 23, 2026 · 66.4K Views 11 Replies · 13 Reposts · 59 Likes Imagine an extreme black swan event erupting in a 24/7 market. World War III breaks out on a Saturday. Traditional fiat settlement banks are closed for the weekend. Market makers and institutions may have dollars on hand, but they cannot move those funds through the banking system and into the clearinghouse to meet margin calls.
Asia's weekly TOP10 crypto news: Japan Recognizes Crypto as Financial Products, Coinbase Opens Registration for Chinese Users and Top10 News
1. Japan’s Upper House Passes FIEA Amendment, Officially Classifying Crypto Assets as Financial Instruments link Japan’s House of Councillors plenary session passed amendments to the Financial Instruments and Exchange Act and the Funds Settlement Act, formally defining cryptocurrencies as “financial products” under law for the first time.
Weekly Project Updates: Ethereum Institutional Privacy Firm Launches, Robinhood Chain Ecosystem Booms, Base Undergoes Strategic Pivot, etc
1. Ethereum Institutional Privacy Firm EthSystems Officially Launches, Backed by BitMine, SharpLink and Other Institutions link Institutional-grade Ethereum privacy technology firm EthSystems officially launched with initial backing from listed Ethereum treasury company BitMine, SharpLink, SNZ Holding, as well as Joseph Lubin, co-founder of Ethereum and founder of Consensys.
WuBlockchain Weekly: US Freezes Iranian Crypto Wallets, Morgan Stanley Launches Digital Spot Trading and Crypto Media Undergoes Mass Cuts, etc
1. Strategy CEO: Firm Will Continue Long-Term Bitcoin Accumulation link Phong Le, President and CEO of Strategy, stated that despite the firm’s recent sale of more than $215 million worth of BTC, it intends to remain a major long-term Bitcoin buyer and “will not exit”. He said the company only needs to consider debt-related risks if BTC falls to approximately $8,000 to $10,000, and its balance sheet remains sound at present.
Plasma One: The Account Wars in Stablecoin Neobanks and XPL's Gateway to Consumer Finance
Plasma One’s product narrative has gradually evolved from a stablecoin payment tool into a stablecoin neobank account. On its website, Plasma positions Plasma One as an account for managing and using funds globally, with core features centered around Spend, Earn, and Send. Users can spend through the Plasma One Card and receive XPL cashback on eligible purchases, connect their balances to the Earn feature to generate yield, or make fee-free USDT transfers through Plasma’s routing network.
How Is a Pre-IPO Company's "Share Price" Determined on Hyperliquid?
Editor | Wu Blockchain TL;DR: ● Not a stock: CXMT is a Pre-IPO perpetual deployed by Trade.xyz through HIP-3. It tracks the expected USD value of one A-share of ChangXin Memory Technologies but provides no stock ownership, IPO allocation rights, dividends, or voting rights. ● Order book-driven pricing: Trade.xyz manually set the initial reference price at $5. Subsequent transaction prices are primarily determined by supply and demand on Hyperliquid’s onchain order book.
$1.8 Billion in USDC Left Binance After Its MiCA Setback. But Who Really Gained?
Author | @agintender Original Link: https://t.co/kUzAEDeXNm 4:52 AM · Jul 9, 2026 · 64.3K Views 2 Replies · 3 Reposts · 30 Likes Complied by | WuBlockchain It starts with Binance failing to secure a MiCA license. But there is really only one question worth asking: did money flee Binance? Yes, it did. In Q2 alone, USDC recorded net outflows of $1.8 billion from Binance, while total net redemptions across the entire USDC supply amounted to just $4.3 billion.
Weekly Project Updates: BonkDAO Suffers Governance Attack, BNB Chain Builds AI-Focused Layer1, Uniswap Proposes V4 Burn Extension, etc
1. Ethereum Foundation Disbands Its Protocol Support Team link EF Protocol Support posted on X that the Ethereum Foundation’s Protocol Support team has been disbanded. The team was mainly responsible for coordinating Ethereum protocol development workflows, including organizing core developer meetings, tracking network upgrade progress, facilitating EIP advancement, running the Ethereum Protocol Fellowship (EPF) program, and providing educational, community and infrastructure coordination support.
WuBlockchain Weekly: Strategy Conducts First Large-Scale BTC Disposal, Swift Pilots Tokenized Cross-border Payments and Russia's Largest Bank to Launch Crypto Wallet, etc
1. Strategy Sells 3,588 BTC in Its First Large-Scale Bitcoin Disposal link Strategy announced it had offloaded 3,588 BTC for USD 216 million to cover dividends on its digital credit securities. As of July 6, 2026, Strategy’s Bitcoin reserves stood at 843,775 BTC alongside USD 2.55 billion in cash reserves. Saylor added that the proceeds covered Q2 dividends for STRF, STRE, STRK and STRD, plus the full monthly June dividend for STRC.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
Author | @0xjacobzhao https://linktr.ee/0xjacobzhao Imagine in 203X, dormant BTC addresses are mysteriously drained by forged signatures, proving quantum entities can now reverse-engineer private keys. Panic erupts: Wall Street scrambles to adopt PQC signatures, dark web auctions for hoarded public keys surge, and the Bitcoin community fractures over freezing legacy assets.