๐ค Zerohash Seeks New Funding at Over $1.5 Billion Valuation After Mastercard Drops Investment Plans
Crypto infrastructure firm Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned plans to invest in the company following its $1.8 billion acquisition of stablecoin infrastructure provider BVNK. Zerohash was previously valued at $1 billion after completing a $104 million Series D-2 round in September 2025, led by Interactive Brokers. #stablecoin
Crypto infrastructure firm Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned plans to invest in the company following its $1.8 billion acquisition of stablecoin infrastructure provider BVNK. Zerohash was previously valued at $1 billion after completing a $104 million Series D-2 round in September 2025, led by Interactive Brokers. #stablecoin
๐บ๐ธ๐ฃ US Senator Lummis says China and Europe are competing with the US to lead in crypto.
๐ Top 5 News for 24 Hour:
1. Andrej Karpathy joins Anthropic for AI development. โ
๐ 197 | โค๏ธ 0 | ๐ 4
2. VanEck predicts $2.5 trillion digital credit market. โ
๐ 158 | โค๏ธ 0 | ๐ 4
3. Institutions shifting from ETFs to spot OTC, on-chain data shows. โ
๐ 203 | โค๏ธ 1 | ๐ 3
4. New Jersey retirement fund buys Bitcoin shares. โ
๐ 196 | โค๏ธ 1 | ๐ 3
5. SEC closes Zcash Foundation probe without action. โ
๐ 253 | โค๏ธ 0 | ๐ 2
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1. Andrej Karpathy joins Anthropic for AI development. โ
๐ 197 | โค๏ธ 0 | ๐ 4
2. VanEck predicts $2.5 trillion digital credit market. โ
๐ 158 | โค๏ธ 0 | ๐ 4
3. Institutions shifting from ETFs to spot OTC, on-chain data shows. โ
๐ 203 | โค๏ธ 1 | ๐ 3
4. New Jersey retirement fund buys Bitcoin shares. โ
๐ 196 | โค๏ธ 1 | ๐ 3
5. SEC closes Zcash Foundation probe without action. โ
๐ 253 | โค๏ธ 0 | ๐ 2
| |
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๐ก๏ธ Anthony Pompliano stated that the compound annual growth rate of Bitcoin over the last decade is 70%, emphasizing that it has outperformed every asset. He noted that people seek certainty and are drawn to assets like Bitcoin, which are non-sovereign, finite, and can be audited by anyone globally.
๐ CZ: All of Us Should Have Thousands of AI Agents
On May 12, 2026, Binance founder CZ stated on the PBD Podcast that currency won't just be for humans anymoreโAI agents are coming, and everyone should have thousands working for them. He noted that future user metrics will likely need to combine both humans and AI agents.
CZ also shared that Binance currently pays around $10 million per month in AI fees. He has encouraged the team to deploy AI further into risk monitoring, risk control, and compliance, but believes current AI models still lack the sufficient training and data required for these specific sectors. #regulation
On May 12, 2026, Binance founder CZ stated on the PBD Podcast that currency won't just be for humans anymoreโAI agents are coming, and everyone should have thousands working for them. He noted that future user metrics will likely need to combine both humans and AI agents.
CZ also shared that Binance currently pays around $10 million per month in AI fees. He has encouraged the team to deploy AI further into risk monitoring, risk control, and compliance, but believes current AI models still lack the sufficient training and data required for these specific sectors. #regulation
๐ค Vitalik Buterin: L2s Afraid to Fully Decentralize Should Just Be Centralized Servers
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video that many Layer 2 projects claiming to build on-chain retain instant backdoors or fall short of their claimed decentralization stages.
He believes that from a practical standpoint, this architecture is not much better than a traditional centralized server. If developers are afraid to make their projects truly decentralized, the most straightforward approach is to simply build a centralized server.
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video that many Layer 2 projects claiming to build on-chain retain instant backdoors or fall short of their claimed decentralization stages.
He believes that from a practical standpoint, this architecture is not much better than a traditional centralized server. If developers are afraid to make their projects truly decentralized, the most straightforward approach is to simply build a centralized server.
๐ USDT Gains $5B as Other Stablecoins Shrink
Total stablecoin supply has topped $300 billion, but growth has sharply slowed. Over the past month, Tetherโs USDT expanded by more than $5 billion, while USDC, USDe, and PYUSD together fell by about $4.2 billionโleaving net stablecoin growth at only around $0.9 billion, or roughly 0.3% for the month. New inflows are concentrating in USDT rather than expanding the overall market. Ethenaโs USDe supply dropped 28% over the month and is down nearly 34% year-to-date, attributed to compressed perp funding rates reducing yields. Skyโs USDS and World Liberty Financialโs USD1 picked up some inflows, while PYUSD fell 13% over the month. #stablecoin
Total stablecoin supply has topped $300 billion, but growth has sharply slowed. Over the past month, Tetherโs USDT expanded by more than $5 billion, while USDC, USDe, and PYUSD together fell by about $4.2 billionโleaving net stablecoin growth at only around $0.9 billion, or roughly 0.3% for the month. New inflows are concentrating in USDT rather than expanding the overall market. Ethenaโs USDe supply dropped 28% over the month and is down nearly 34% year-to-date, attributed to compressed perp funding rates reducing yields. Skyโs USDS and World Liberty Financialโs USD1 picked up some inflows, while PYUSD fell 13% over the month. #stablecoin
๐ VerusโEthereum Bridge Exploited for Over $11M
A cross-chain bridge between Verus and Ethereum was attacked for more than $11 million. Blockaid noted that the issue resembled past bridge exploits like Wormhole and Nomad, stemming from verification failures in matching source-chain parameters with Ethereum-side payment data. The problem could potentially be fixed with roughly 10 lines of code. Following the incident, some Verus block-producing nodes went offline, briefly halting block production.
A cross-chain bridge between Verus and Ethereum was attacked for more than $11 million. Blockaid noted that the issue resembled past bridge exploits like Wormhole and Nomad, stemming from verification failures in matching source-chain parameters with Ethereum-side payment data. The problem could potentially be fixed with roughly 10 lines of code. Following the incident, some Verus block-producing nodes went offline, briefly halting block production.
๐ต๏ธ a16z-Linked Wallets May Be the No.6 HYPE Holder
Onchain analyst said wallets linked to a16z crypto may have become the sixth-largest HYPE holder and potentially the largest external holder outside Hyperliquid-linked addresses. The wallets are estimated to have added 4.92 million HYPE in 2026 (about $183 million). Since August 2025, they have bought about 9.18 million HYPE (about $356 million) at an average cost of roughly $38.77, with unrealized gains of about $79.29 million.
Onchain analyst said wallets linked to a16z crypto may have become the sixth-largest HYPE holder and potentially the largest external holder outside Hyperliquid-linked addresses. The wallets are estimated to have added 4.92 million HYPE in 2026 (about $183 million). Since August 2025, they have bought about 9.18 million HYPE (about $356 million) at an average cost of roughly $38.77, with unrealized gains of about $79.29 million.