WuBlockchain

According to Reuters, Gemini and Coinbase are expected to receive EU licenses from Malta and Luxembourg respectively under the new MiCA regulations, allowing them to operate across all 27 EU countries. Malta's fast approval of OKX and Crypto com has raised concerns among other regulators about its oversight capacity. ESMA is reviewing Malta's licensing process and plans to release a report.

According to the New York Post, a financial disclosure released by the U.S. Office of Government Ethics on June 13 shows that former President Donald Trump earned $57.36 million last year from the crypto firm World Liberty Financial, linked to his family. It was one of his main income sources. He also made royalties from products featuring his name and image, including guitars, sneakers, watches, and books.

Matthew Sigel, Head of Digital Assets at VanEck, stated that several low-market-cap companies recently announcing plans to raise hundreds of millions of dollars to purchase tokens such as XRP or Solana are likely engaging in “pump-and-dump” schemes. He noted that if a company has a minimal market capitalization and fails to disclose any anchor investors, it is essentially presumed to be a scam.

Aleksei Andriunin, founder of crypto market maker Gotbit, was sentenced to 8 months in prison and 1 year of supervised release by a U.S. federal court on June 13 for orchestrating millions in wash trading from 2018 to 2024. Gotbit received 5 years’ probation and must cease operations. In March, Andriunin agreed to a $23 million plea deal with the DOJ.

The University of Michigan’s June Consumer Sentiment Index rose to 60.5, the first increase in six months. One-year inflation expectations fell to 5.1% from 6.6%, and five-year expectations dipped to 4.1%, a three-month low. Concerns over tariffs eased, but economic outlook remains cautious.

Cardano founder Charles Hoskinson proposed converting $100M of ADA reserves into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosystem. He dismissed concerns over market impact and said the current 10% stablecoin-to-TVL ratio is “killing Cardano.” Cardano’s total TVL stands at $356M, with only $31M in stablecoins.

Binance has listed Roam (ROAM) on its Alpha platform. Eligible users with at least 247 Binance Alpha points can claim 372 ROAM tokens starting June 13 at 13:00 UTC, with 15 points consumed per claim. Binance also announced a ROAM trading competition with a 4.92 million ROAM prize pool.

Breaking: SharpLink Gaming (SBET) announced that it had acquired 176,270.69 ETH for a total price of approximately US$463 million, with an average purchase price of US$2,626 per ether, becoming the listed company with the largest number of ETH in the world, second only to the Ethereum Foundation. Currently, more than 95% of ETH holdings have been used for pledge and liquidity pledge.

WuBlockchain Weekly (Jun 7–Jun 13) : Bitcoin OP_RETURN Change Scheduled for October, Ant International Applies for Stablecoin Licenses in Multiple Regions, Solana ETF May Be Approved as Early as July and More https://wublock.substack.com/p/wublockchain-weeklybitcoin-op_return?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true

a16z has led the $33 million seed funding for Yupp, an AI model evaluation platform using on-chain incentives. Yupp lets users compare and vote on model outputs to generate signed preference data for training improvements, rewarding participants. The team includes talent from Twitter, Google, and Coinbase.

WSJ: Walmart and Amazon are considering launching their own USD-pegged stablecoins to cut payment costs and accelerate settlements, per WSJ. The plans hinge on the Genius Act’s regulatory clarity. Both firms may also join a merchant-led stablecoin consortium or adopt third-party solutions.

QCP: Israel’s strike on Iran, killing IRGC commander Hossein Salami, sent shockwaves through global markets—oil surged up to 11%, BTC fell ~3%, and ETH ~9%. The crypto market saw over $1B in liquidations, while traders rushed for downside protection. All eyes are now on Tehran’s response.

June 13 Options Data
28,000 BTC options expired with a Put Call Ratio of 0.9, a Maxpain point of $106,000 and a notional value of $2.93 billion.
244,000 ETH options expired with a Put Call Ratio of 1.13, a Maxpain point of $2,650 and a notional value of $620 million.

Polkadot community members proposed creating a Bitcoin Strategic Reserve for the Treasury. The plan suggests using 501,000 DOT to gradually purchase tBTC over one year via Hydration’s Rolling DCA mechanism. The tBTC would be added to Hydration Omnipool as liquidity using Threshold Network’s non-custodial Bitcoin bridge. The proposal is still under forum discussion and not yet live on-chain.

CFTC Acting Chair Caroline Pham said the agency will maintain strict oversight of the crypto industry despite support from the Trump administration. She emphasized that fraud and theft will not be tolerated, and noted that the CFTC has ended its “regulation by enforcement” approach, shifting focus to targeting fraud and scams.

Tony G Co-Investment Holdings (CSE: TONY) has purchased 10,387.685 HYPE tokens from the HyperLiquid ecosystem via WonderFi Technologies, at an average price of $42.24 per token (total ~$438,800). The stock jumped 741.82% following the news.
https://www.newsfilecorp.com/release/255352

The Israeli Air Force is attacking dozens of targets related to Iran's nuclear program and other military facilities, announcing that it will eliminate the Iranian nuclear threat. Affected by this, the capital market fluctuated for a short time, with Bitcoin falling 2% in 1 hour and Ethereum falling 4.4%.

According to CoinGlass data, approximately 215,000 traders were liquidated across the market in the past 24 hours, with total liquidation volume reaching $1.019 billion. Long positions accounted for $945 million of the liquidations. The largest single liquidation occurred on Binance in the BTCUSDT pair, valued at $201 million.

The Israeli Air Force is attacking dozens of targets related to Iran's nuclear program and other military facilities, announcing that it will eliminate the Iranian nuclear threat. Affected by this, the capital market fluctuated for a short time, with Bitcoin falling 2% in 1 hour and Ethereum falling 4.4%.

GameStop announced an upsized $2.25 billion private offering of 0.00% convertible senior notes due June 15, 2032, up from the previously announced $1.75 billion. Estimated net proceeds are $2.23 billion, or $2.68 billion with the full overallotment. Funds will be used for general corporate purposes, including investments and potential acquisitions.

Yieldbasis, a new project by the Curve founder, proposes using compounding leverage to continuously rebalance AMM positions toward the spot price slope, effectively eliminating impermanent loss. Simulations show BTC/USD liquidity can earn ~20% APR over six years with BTC-like exposure.