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Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium

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.

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Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium

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.
'Peirce Out': A Decade of Dissent

'Peirce Out': A Decade of Dissent

She arrived at the SEC in 2018 as a Republican commissioner with light crypto baggage and left this week as the regulator whose quotes had narrated the industry's regulatory story. A retrospective on eight years of dissent.
Hester Peirce Bids Farewell to the SEC After Nearly 30 Years

Hester Peirce Bids Farewell to the SEC After Nearly 30 Years

SEC Commissioner Hester Peirce delivered her farewell remarks Tuesday at the U.S. Chamber of Commerce Capital Markets Summit, closing a tenure defined by crypto-industry advocacy and dissent from the Gensler era.
On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally

On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally

An NFT creator published a thread claiming to trace large ADA flows to IOG-linked stake pool pledges from the 2021 bull market. Cardano's founder has made no public statement in response to the new analysis. ADA is down 42% over the past 30 days.
Lubin-Labeled Wallet Adds 110,000 ETH to Sky Vaults Backing $259M DAI Debt

Lubin-Labeled Wallet Adds 110,000 ETH to Sky Vaults Backing $259M DAI Debt

A genesis-block Ethereum wallet labeled "Joseph Lubin?" by Arkham Intelligence deposited 110,000 ETH into three Sky Finance vaults on Friday, shoring up collateral behind $259M in DAI debt as ETH fell sharply. Neither Lubin nor ConsenSys has made any public statement on ownership of the address.
Arthur Hayes Says Bitcoin Cannot Rally Until the AI Bubble Bursts

Arthur Hayes Says Bitcoin Cannot Rally Until the AI Bubble Bursts

Arthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that absorbed the liquidity Bitcoin needed. He exited HYPE, NEAR, WLD, and ZEC and rotated Maelstrom's equity book into US energy producers.
Arthur Hayes Dumps Worldcoin Days After Maelstrom Pitched Its AI IPO Trade

Arthur Hayes Dumps Worldcoin Days After Maelstrom Pitched Its AI IPO Trade

Arthur Hayes sold his entire WLD position on June 6, less than three days after Maelstrom publicly pitched Worldcoin as a liquid AI IPO play — ending his full portfolio exit sequence across HYPE, NEAR, ZEC, and WLD.
Amir Haleem Steps Down as CEO of Nova Labs as HNT Falls 99% From Peak

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

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.
Vitalik Buterin Endorses Interfold, Privacy Protocol for On-Chain Voting and Secret Auctions

Vitalik Buterin Endorses Interfold, Privacy Protocol for On-Chain Voting and Secret Auctions

Ethereum co-founder Vitalik Buterin highlighted Interfold, a privacy protocol combining zero-knowledge proofs, fully homomorphic encryption, and threshold encryption for secure on-chain voting and auctions.