Solana Co-founder Toly Backs New Perpetuals DEX to Challenge Hyperliquid's Dominance

Anatoly Yakovenko argues Solana needs its own atomically composable perpetuals DEX as Hyperliquid pursues regulatory clarity in Washington.

Tor Project and Funding the Commons Launch Web3-Native Crowdfunding Campaign

A coalition of privacy and crypto organizations is using quadratic funding to channel crypto donations to 10 nonprofits fighting censorship and surveillance worldwide.

Polymarket Launches Prediction Markets on Private Company Valuations With Nasdaq Data

Polymarket partnered with Nasdaq Private Market to enable trading on private company valuations, IPO timing, and secondary share prices, with early markets on OpenAI, Anthropic, Stripe, and other unicorns.

Aave V4 Gains Momentum With Two-Layer Market Isolation Structure During Capped Launch

Aave V4 introduces a new market architecture featuring collateral isolation across Hubs and Spokes, with Prime, Core, and Plus Hubs launching initially.

MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.

CoW Swap Expands to Solana With NEAR Intents Backend Support

CoW Swap, the intent-based DEX, is launching on Solana blockchain with NEAR Intents providing backend infrastructure.

LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit

Detailed May 18 post-mortem traces a six-week breach to DPRK group TraderTraitor and locks in a new 3-of-3 DVN protocol default. Kelp says LayerZero approved the configuration and has migrated rsETH bridging to Chainlink.

Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators

Steakhouse Fi has expanded its lead to approximately $1 billion over the next largest Morpho vault curator, marking a significant shift in the competitive curator ecosystem.

HYPE Crosses $50 for First Time Since September

Bitwise's chief investment officer said that Hyperliquid is targeting not the $3 trillion crypto economy, but the $600 trillion global asset market.

 a16z-Backed Syndicate Labs Shuts Down After Five Years

Syndicate Labs, an a16z-backed on-chain development startup, is winding down operations, citing a fundamental shift in the Rollup market and significant market contraction.

EUR-Denominated Stablecoins Surge 12-Fold as European Banks Scale MiCA-Compliant Assets

European banks are rapidly moving stablecoin projects from concept to production, with EUR stablecoins processed at retail VASPs growing 12-fold to $777 million in 15 months.

EF Exodus Fuels Calls for New Price-Focused Ethereum Organization

At least eight senior EF researchers and leaders have announced departures this year.

 Pump.fun Launches USDC-Paired Liquidity Pools for Token Launches

Pump.fun now allows coin creators to launch with USDC-paired liquidity pools instead of SOL, raising starting market caps to $4k and increasing early-stage supply costs by 67% to improve token distribution and ecosystem health.

Harvard Endowment Cuts Bitcoin ETF Holdings by 43%, Exits Ethereum Fund Entirely

Harvard Management Company slashed its BlackRock Bitcoin ETF position by roughly 43% in Q1 2026 and fully exited its Ethereum ETF stake, according to SEC filings.

 Coinbase Launches Perpetual Equity Index Futures in the U.S. on June 8

Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.

SEC Commissioner Peirce Clarifies Scope of Proposed Innovation Exemption for Onchain Stock Trading

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.

NEAR Launches Confidential Payments via Intents Protocol

NEAR Protocol has launched confidential payments on its Intents platform, enabling private cross-chain swaps between NEAR and ETH.

 Hyperliquid ETFs Surpass $69 Million in Net Inflows

Spot ETFs tracking Hyperliquid ($THYP and $BHYP) attracted over $16 million in flows yesterday, bringing cumulative net inflows to $69 million.

 SEC Commissioner Hester Peirce Clarifies Distinction Between Tokenized Securities and Synthetic Instruments

SEC Commissioner Hester Peirce references a staff statement on tokenization to distinguish between issuer-sponsored tokenized stocks and synthetic crypto instruments offering stock exposure.

StablR Stablecoins Exploited, EURR and USDR Depeg After Minting Key Compromise

Estimates of losses range from $2.8 million to $10 million.

Ethereum's ETH Gains in Line with Market Following Vitalik Buterin's EF Vision Post

Ethereum co-founder Vitalik Buterin outlined a leaner, more focused future for the Ethereum Foundation (EF).