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Bitwise CEO Hunter Horsley posted on the X platform, "In the 1990s, the internet was just emerging. Almost every idea seemed feasible. Hundreds of companies reached valuations of 500 million to 1 billion dollars based on these possibilities. By the early 21st century, that optimism faded. There were no longer hundreds of companies competing. Instead, a few companies that truly proved their worth thrived. Because they succeeded with demonstrable value, they operated longer and were larger in scale than in the previous cycle. The cryptocurrency sector is also undergoing a similar transformation. The number of winners will decrease, but the winners will stand out due to their demonstrable value. Their scale will be larger, and their operating time will be longer than people expect."

In response to recent community doubts about the Ethereum Foundation and the potential for a funding crisis, Grayscale Research Director Zach Pandl posted on the X platform, stating that in the long run, the current institutional adjustments being made by the Ethereum Foundation are positive for Ethereum for two main reasons: first, more development work will be transferred to commercial organizations, which can reduce the development responsibilities borne by the Foundation and may encourage more work to be driven by commercial entities, thereby improving the overall efficiency of the ecosystem; second, the structural adjustments help maintain Ethereum's core principles as a digital currency infrastructure, and a Foundation with clearer responsibilities and a more focused scope may be more beneficial in ensuring that Ethereum continues to adhere to the "CROPS" principles necessary for building a sound digital currency.If the Ethereum Foundation reduces its direct involvement in ecosystem development in the future and focuses on maintaining Ethereum's long-term core goals, it may help strengthen ETH's positioning as a decentralized digital asset infrastructure.

Blockchain security company Blockaid stated that its detection system found signs of a front-end attack on the Gitcoin subdomain files[.]gitcoin[.]co, with suspected malicious code named "Eleven drainer" included in the website, used for wallet asset theft. Blockaid warns users not to interact with the website at this time, and the related issues are under investigation and repair.

In a letter to LP for Q2 2026, 1confirmation partner Nick Tomaino stated that the total cash dividends of the entire fund amounted to approximately $317 million, exceeding the total contributions of all funds of approximately $286 million.

The Ministry of Interior of Thailand, in conjunction with provincial electricity authorities, police, and local administrative officials, conducted a joint law enforcement operation this Saturday in five provinces: Ubon Ratchathani, Yasothon, Amnat Charoen, Roi Et, and Maha Sarakham, inspecting 14 locations in total. The operation confiscated 315 digital currency mining devices, and investigators found that the individuals involved supplied power to the mining machines by tampering with electricity meters and illegally connecting to the power supply. The total estimated loss reached 40.38 million baht (approximately 1.227 million USD), which includes a 5.38 million baht fine for electricity violations and about 35 million baht in unpaid electricity bills. Relevant evidence has been collected, and authorities have filed lawsuits against the individuals involved.

According to token unlock data from the Crypto asset data platform RootData, Moonbirds (BIRB) will unlock approximately 27.08 million tokens on June 28 at 1 PM Beijing time, worth about 1.94 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Plasma (XPL) will unlock approximately 88.89 million tokens at 12:00 PM Beijing time on June 28, worth about 8.36 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Sign (SIGN) will unlock approximately 20.778 million tokens at 0:00 Beijing time on June 28, worth about 3.63 million USD.

On-chain data shows that assets under Coinbase have become the most important source of traffic for the decentralized lending protocol Morpho. USDC and cbBTC together account for 53% of total deposits on the Morpho platform, with Coinbase users contributing 83% of cbBTC deposits and 59% of USDC deposits. The lending side is also highly dependent on the Coinbase ecosystem. Of the $2.3 billion USDC loans on the Morpho platform, approximately $1.2 billion comes from Coinbase users using cbBTC as collateral, accounting for more than half.Analysts point out that a deep symbiotic relationship has formed between the two: Coinbase takes on the role of user acquisition and asset flow, while Morpho acts as the yield layer that brings these assets into on-chain operations. This case once again confirms that in the crypto industry, the moat of distribution channels is often stronger than the technology itself.

According to Edaily, the South Korean "Abolition of Virtual Asset (Cryptocurrency) Tax" national petition has received 58,571 approvals. According to the National Assembly Act, the relevant petition should be submitted for review at the first committee meeting held after 30 days of being handed over to the committee.According to the current income tax law, starting from January 1 next year, income from the transfer or lending of virtual assets will be classified as other income and will be subject to income tax. Virtual asset income exceeding 2.5 million won (approximately 1,800 USD) will be subject to a total tax rate of 22%, which includes other income tax (20%) and local income tax (2%).

Anza CEO Brennan Watt stated that the Solana-related SIMD proposals are expected to be advanced and completed within this year. Among them, SIMD-123 has been approved and is nearing the code completion stage; the draft discussion for SIMD-547 is essentially in the same direction as SIMD-553, while both SIMD-553 and SIMD-550 have received concept acknowledgment (concept ACK) from Anza. If SIMD-550 and SIMD-553 are implemented together, it will increase the annual inflation reduction rate of SOL from 15% to 30%. Under the current price assumptions, this could reduce token emissions by approximately $1.36 billion over six years, while increasing the daily SOL burn rate from about 650 tokens (approximately $47,000) to a maximum of about 9,000 tokens (approximately $646,000).

According to on-chain data monitoring, the whale "pension-usdt.eth" has just opened a 3x leveraged ETH short position after closing all Ethereum short positions yesterday. The current position holds 871.3249 ETH, with a position value of approximately 1.5 million USD and an investment return rate of 0.25%.

According to CoinDesk, Bitcoin, seen as a "rival" to the US Dollar Index (DXY), is facing ongoing pressure as the market focuses on the imminent breakout of the Dollar Index from a 13-month trading range. Data shows that Bitcoin has weakened for the third consecutive trading day, hovering around $63,900, with the overall cryptocurrency market also under pressure.Meanwhile, the DXY rose 0.26% to 100.66, continuing the previous trading day's increase of 0.8%, and is nearing the edge of a key breakout range. Analysts point out that if this structural breakout is confirmed, it typically triggers trend-following funds to further boost the dollar's performance. Historical data shows a clear negative correlation between Bitcoin and the Dollar Index, with a stronger dollar usually exerting pressure on dollar-denominated risk assets. The market believes that the Fed's hawkish stance has strengthened the logic of dollar support and may further drive funds towards safe-haven assets and dollar-denominated assets.

According to monitoring by PeckShield, the OLPC/LABUBU liquidity pool on PancakeSwap on the BNB Chain was attacked, with the attacker stealing assets worth approximately $1.1 million. After the incident, the attacker transferred the stolen funds across chains to Ethereum and subsequently deposited 633.4 ETH into the mixing protocol Tornado Cash. In addition, the attacker sent 0.0221 BNB and 0.0411 ETH to an abandoned address, and the details of the attack and the flow of funds are still being tracked.

Michael Saylor posted a review of Strategy's Bitcoin strategy journey, stating that in October 2022, when he gave a related speech, the price of Bitcoin was around $20,000. At that time, Strategy held 130,000 BTC, valued at approximately $2.6 billion, and the stock price of MSTR (after stock split adjustment) was about $24. A few weeks later, Bitcoin fell below $16,000, and the company's debt once exceeded the total value of BTC and cash reserves of about $300 million, with MSTR's stock price also dropping to around $13 by the end of 2022. Strategy then insisted on executing the Bitcoin strategy, strengthening company operations, and continuously financing to invest in BTC.Since 2022, the company has raised over $60 billion in new capital, which has been used to purchase Bitcoin, increasing its holdings by over 716,000 BTC. Currently, the value of BTC and cash reserves held by Strategy is approximately $48 billion higher than the company's debt, and it will continue to adhere to a long-term strategy in the future.

The privacy public chain Namada officially announced a vulnerability incident. The team is currently investigating the related issues and has contacted relevant parties for collaborative handling. If the operator behind this attack is a white hat hacker, we hope they will proactively contact the team to further understand the vulnerability situation and promote problem resolution.On-chain data shows that some ATOM assets related to the incident are suspected to have been transferred out to a Cosmos Hub network address via IBC (Inter-Blockchain Communication protocol). Approximately 228,517 ATOM funds related to that address were subsequently cleared within a few hours through IBC transfers and multiple withdrawal operations. Currently, that address has only a small remaining balance.

According to monitoring by Lookonchain, the Humanity Protocol attacker has exchanged part of the stolen funds for USDC and deposited them into KuCoin.

ENS DAO has initiated a new Temp Check ("temperature check" or "preliminary review") governance proposal aimed at expanding the authority of the ENS Foundation to cover areas such as operational management, funding projects, and long-term financial management. According to the proposal, ENS token holders will retain ultimate control over the protocol and the power to remove board members.

According to Reuters, Italian crypto fintech company Conio, supported by Poste Italiane and Banca Generali, has obtained a crypto asset service provider (CASP) license under the EU MiCAR framework in Italy. This authorization was granted after review by the Italian Consob and the central bank, allowing Conio to provide services such as digital asset custody, transfers, and distribution.Reports indicate that the MiCAR transition period will end on June 30, 2026, after which unlicensed companies will be unable to provide crypto services in Italy and the EU.