Latest

DeFi
Zama, Morpho and Steakhouse Open First Confidential USDC Yield Vault on Ethereum
Zama, Morpho and Steakhouse open the first DeFi yield vault for Confidential USDC on June 23, routing encrypted cUSDC into Steakhouse Prime v2 on Morpho and putting fully homomorphic encryption to work in live lending.

Markets
Litecoin Spot ETF Sits at $9M as Altcoin-ETF Era Tests Its Demand Thesis
The first US spot Litecoin ETF has been trading for nearly eight months, but Canary Capital's LTCC has drawn under $10 million as LTC sits 89% below its all-time high, testing the thesis that altcoin ETF approval automatically translates into institutional inflows.

Regulation & Politics
Congress Strikes Housing-Bill Deal That Bans Fed CBDC Through 2030
Congressional negotiators folded a statutory ban on a Federal Reserve central bank digital currency into the bipartisan 21st Century ROAD to Housing Act, blocking any Fed-issued retail digital dollar until December 31, 2030. The text now heads back to the Senate floor.

Regulation & Politics
Gaming Industry, Tribes and Unions Press Senate to Ban Sports Prediction Markets in Crypto Bill
The American Gaming Association, the Indian Gaming Association, and two hospitality unions are pressing senators to insert sports-betting carve-out language into the CLARITY Act, the crypto market-structure bill moving through Congress. The push targets Kalshi and Polymarket.

Markets
World Chain Bridge TVL Climbs 33% Over Seven Days as Worldcoin Token Posts Matching Rally
World Chain's canonical-bridge TVL climbed 32.87% over seven days to about $602M, with WLD tracking the move at +33.6%. The growth concentrates in Re7 Labs vaults on Morpho Blue, while the chain's on-chain DeFi TVL remains near $40M.

CeFi
Kalshi Eyes Broader Asset Classes for Perpetual Futures After $5.5B Crypto Launch
After generating $5.5 billion in trading volume in two weeks, Kalshi is pushing to extend its CFTC-regulated perpetual futures beyond crypto into a wider range of asset classes.

Regulation & Politics
Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto
Illinois Governor JB Pritzker has signed SB 3019, the Digital Asset Privilege Tax Act, making the state the first in the country to impose a transaction-based tax on everyday digital-asset activity. The Crypto Council for Innovation is pushing for a line-item veto of Article 3.

Blockchains
Ethereum's Glamsterdam Upgrade Enters Final Devnet Phase With 200M Gas-Limit Target
Glamsterdam has reached its final devnet stage, locking in ten EIPs including ePBS and Block-Level Access Lists. The bundle clears the path for a 200 million gas-limit floor and mainnet activation in H2 2026.

CeFi
Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push
Coinbase used its latest "System Update" Tuesday to push deep into territory long held by retail brokerages, rolling out an SEC-registered AI investment advisor, stock and ETF trading on its professional platform, and options markets for both equities and crypto. The bundle moves the exchange's competitive frame from Binance and Kraken toward Robinhood, Schwab, and Interactive Brokers.

People
Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium
Matter Labs CEO Alex Gluchowski announced layoffs and a full strategic pivot on Tuesday, committing the company behind zkSync entirely to Prividium, its institutional on-chain privacy infrastructure platform.



