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US Court Lifts Circle Freeze on Zama's $12.5M cUSDC Contract After Three-Day Lockout

A federal judge in the Northern District of California reversed the temporary restraining order that had pushed Circle to blacklist the privacy protocol's wrapper, restoring funds to depositors caught in a civil dispute they were not party to.
Coinbase Ventures Buys ENA on the Open Market as Coinbase and Ethena Strike Distribution Deal

The exchange's venture arm bought ENA tokens directly on the open market rather than through a private round, the first such disclosed purchase, alongside a partnership to push Ethena's onchain dollar and savings products into Coinbase's userbase.
Bad Sentiment, Strong Fundamentals: the Institutional Turn | Chris Perkins, Franklin Crypto

Crypto is entering a new phase — and institutions, not retail, are driving it. As regulatory clarity arrives, the largest institutions in the world are moving from the sidelines into the market. The thesis from our guest: sentiment is poor, but fundamentals are improving; a coiled spring.
Sui Blames Triple Mainnet Halt on Gas-Charging Bug and a Known-Risk Patch That Backfired

The Sui Foundation's post-mortem ties two of three outages to an edge case in the v1.72 address-balances feature, and the third to a randomness-state bug exposed by an interim fix the team shipped knowing it carried halt risk.
Franklin Templeton Wires BENJI Money-Market Fund Into MoonPay Trade for Onchain Stablecoin Swaps

The $1.74 trillion asset manager is letting institutions move directly between stablecoins and shares of its tokenized US government money fund through MoonPay's new institutional rails, marking one of the first listings of a US-registered tokenized MMF on a third-party onchain trading venue.
Old DxSale Lockers Drained for $7.3M Across 1,400 BNB Chain Pools as Owner-Privilege Exploits Pile Up

A dormant launchpad contract from 2021 was emptied this week through a quiet ownership transfer and a one-wei fee reset — the latest in a string of BNB Chain drains that turn admin keys into the attack surface.
Cardano's TapTools Winding Down is a Symptom of a Shrinking Chain

TapTools, the most-used analytics platform on Cardano, said on X it will wind down within two weeks after losing its fifth senior executive in a year. Founder Charles Hoskinson warned in a video the same day that more older Cardano-ecosystem projects will fold in the second half of 2026.
Bitcoin Slides Below $66,000 as Spot ETF Outflow Streak Hits a Record 12 Days

US spot Bitcoin ETFs pulled in another $519 million of net redemptions on June 2, extending the longest outflow run since the funds launched and tipping a leveraged market into $1.86 billion of forced selling.
Builder-Deployed Perp Markets Push Hyperliquid to Record Share of Global Perps Volume

Hyperliquid's HIP-3 framework — which lets anyone deploy a perpetual futures market on the protocol's settlement layer — cleared $62 billion in May volume, pushing the venue to a record 6.63% share of global perps and 14.4% against Binance.
Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on.
PENDLE Token Goes Live on Revolut, Reaching 20M EEA Crypto Traders

The yield-tokenization protocol's $233M-mcap token is now buyable inside Revolut's MiCA-licensed crypto app across the UK, EU, Norway, Iceland and Liechtenstein — the second on-chain yield protocol to land on the fintech's regulated rails after Maple's SYRUP in April.
Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD

Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors across 150 countries, starting in Argentina.
ERC-3643: The Case for Permissioned Tokens for Insitutional Adoption

What if the blockchain token you hold doesn't actually give you ownership of the underlying asset? Dennis O'Connell of the ERC-3643 Association joins Converge to expose the hidden differences between tokenization standards — and why knowing which one you're buying matters more than most people
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.
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.
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.
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.
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.
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.
Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%

A coalition of more than 200 organizations including Coinbase and Ripple pushed Senate leadership for a floor vote Monday. Galaxy Digital's research head simultaneously lowered his 2026 passage probability by 15 points, citing a shrinking calendar and unresolved ethics provisions.
Strategy Buys 1,550 BTC for $101M One Week After Selling 32, Cash Reserve Hits $1B

Strategy purchased 1,550 bitcoin for $101.3 million between June 1 and 7, one week after its first BTC sale since 2022. Cash reserve reached $1 billion.