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Pump.fun Launches GO Bounty Platform, Immediately Draws Backlash Over Extreme Listings
NFTs & Web3

Pump.fun Launches GO Bounty Platform, Immediately Draws Backlash Over Extreme Listings

Pump.fun launched GO, an escrow-based bounty marketplace letting anyone post and complete tasks for SOL rewards, within hours a user posted a 690000 dollar suicide-linked listing the platform has yet to address.
Amir Haleem Steps Down as CEO of Nova Labs as HNT Falls 99% From Peak
People

Amir Haleem Steps Down as CEO of Nova Labs as HNT Falls 99% From Peak

The Helium co-founder moves to chairman as Mario Di Dio takes the top job, days after Nova Labs sold its consumer mobile carrier to Andrew Yang's Noble Mobile.
Chainlink CCIP Draws $1.1 Billion in Value in One Week as Virtuals Join Migration Wave
DeFi

Chainlink CCIP Draws $1.1 Billion in Value in One Week as Virtuals Join Migration Wave

Chainlink's CCIP drew over $1.1 billion in token value this week as Virtuals Protocol, Pleasing Market, and Zest Protocol joined a migration wave that has now moved nearly $5 billion in total value away from LayerZero since April's Kelp DAO exploit.
Dragonfly GP Tom Schmidt Calls Nova Markets Startup 'Huge Scammers,' Slams VCs
People

Dragonfly GP Tom Schmidt Calls Nova Markets Startup 'Huge Scammers,' Slams VCs

A Dragonfly Capital general partner partially walked back the attack on named investors. The founder responded by calling Schmidt a former backer turned hostile critic.
Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts
Markets

Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall at $60,000.
Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network
TradFi & Fintech

Major US Banks Including JPMorgan, Citi and BofA Plan Shared Tokenized Deposit Network

JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain, operated by The Clearing House and targeting a first-half 2027 launch.
apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral
DeFi

apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury to on-chain dollar instruments.
CME CEO Terry Duffy Calls US Crypto Perps 'a Disaster Waiting to Happen'
Markets

CME CEO Terry Duffy Calls US Crypto Perps 'a Disaster Waiting to Happen'

CME Group CEO Terry Duffy warned that newly approved US-regulated perpetual futures are "a disaster waiting to happen," citing excessive leverage and retail risk — a pointed critique from the incumbent US institutional crypto derivatives exchange.
Shielded Labs Proposes New Zcash Upgrade to Prove ZEC Supply After Orchard Bug
Blockchains

Shielded Labs Proposes New Zcash Upgrade to Prove ZEC Supply After Orchard Bug

The Zcash developer said researcher Taylor Hornby used Anthropic's latest AI model to find a flaw that could have minted undetectable counterfeit ZEC inside the Orchard privacy pool. It wants a further network upgrade to prove the supply is sound, beyond the emergency fix activated June 3.
0x Opens Cross-Chain API to All Developers with 12 Bridge Partners on Day One
DeFi

0x Opens Cross-Chain API to All Developers with 12 Bridge Partners on Day One

0x Protocol has opened its Cross-Chain API to general availability with 12 bridge providers live from day one, including Circle, LayerZero, Stargate and Across — accessible through a single API integration.