Latest

DeFi
ENS DAO Delegates Call Foundation Proposal a Governance Attack as Johnson Self-Delegates
Multiple named delegates escalated opposition to the ENS Foundation empowerment temp check Monday, with Security Council member Brantly Millegan threatening a veto and ENS Labs founder Nick Johnson having self-delegated enough tokens to pass the proposal over their objections.

Blockchains
Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization
The Ethereum Foundation has eliminated 54 positions, about 20% of its workforce, as part of a restructuring tied to its updated spending mandate. Vitalik Buterin announced a 40% annual budget cut targeting a reduction in treasury spend from 15% to 5% by 2030. Arkham Intelligence places EF's ETH holdings at approximately $209 million, a nearly six-year low.

DeFi
Aztec Tells V4 Users to Withdraw Before June 25 as V5 Upgrade Exposes Security Flaws
Aztec Network is urging Alpha V4 users to pull funds before June 25, when the V5 governance vote will publicly disclose the current version's critical proving-system vulnerability.

Blockchains
Ethereum Foundation Cuts Budget 40% in Sweeping Restructuring
The nonprofit is eliminating 54 roles as Vitalik Buterin warns that the leaner organization will involve “grand sacrifices,” including changes to client development, Devcon and institutional work.

Regulation & Politics
SBI Group Plans to Issue Yen Stablecoin JPYSC as Early as This Week, Nikkei Reports
SBI Group, Japan's $252 billion financial conglomerate, plans to issue JPYSC this week per Nikkei reporting, becoming the first Japanese institution to launch a trust-bank-structured yen stablecoin under the amended Payment Services Act.

Regulation & Politics
House Sets July CLARITY Act Field Hearing as Lummis Presses for a Senate Floor Vote Before the Recess
The House Financial Services Committee scheduled a July 17 field hearing on the digital-asset market-structure bill, part of a July calendar that puts the CLARITY Act on a tight clock before the August recess.

Regulation & Politics
Ripple Wins Preliminary MiCA CASP Approval in Luxembourg, Unlocking EEA Passporting
Ripple has received a preliminary Crypto Asset Service Provider license from Luxembourg's CSSF under MiCA, a regulatory step that positions Ripple Payments for a full rollout across all 30 European Economic Area countries once final conditions are satisfied.

Blockchains
MoneyGram Becomes Solana Validator, Joins Institutional Developer Platform
MoneyGram has launched an active validator node on Solana and joined its institutional developer platform, making Solana the payments giant’s third blockchain validator commitment alongside Tempo and Midnight. The move deepens a blockchain infrastructure push that began with Stellar remittances in 2021.

TradFi & Fintech
SoFi's Bank-Issued Stablecoin Hits $150M as Bullish Becomes First CEX to List It
SoFiUSD, the first stablecoin issued by a US national bank, crossed $150 million in circulating supply on Tuesday as Bullish became the first centralized exchange to list the token.

CeFi
Bithumb Lists Canton (CC) in Korean Won Market as Institutional Blockchain Eyes Retail Liquidity
South Korea’s second-largest exchange has listed Canton Coin in its KRW market, opening the Goldman-backed, DTCC-integrated blockchain to retail investors ahead of the 14:00 KST trading start on June 23.



