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.

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.

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.

Strategy's preferred stock, STRC, recently hit an all-time low of $82 — well below its $100 peg — and Michael Saylor made his first-ever Bitcoin sale. Camila Russo sits down with Austin Campbell (Zero Knowledge) and Jeff Dorman (Arca) to break down whether Strategy's Bitcoin-buying machine is running into real trouble, and what it means for Bitcoin itself. Topics covered: Why Strategy's capital structure — debt, preferred equity, and common stock — creates competing pressures that Bitcoin's price alone can't solve The case against calling this a "death spiral," and why a slow, melting-ice-cube scenario is more likely than a collapse What it would take for MSTR to become an attractive buy, and how to think about its real discount to Bitcoin holdings The risks and trade-offs of buying Strategy's preferreds and converts versus the common stock Why Saylor's decision to buy back convertible debt early may have spooked the market How this story is accelerating a bigger shift: separating the Bitcoin narrative from the broader blockchain growth story Guests: Austin Campbell (Zero Knowledge Consulting) and Jeff Dorman (Arca) Host: Camila Russo, The Defiant

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.

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.

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.

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.

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.

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.