pro

Ripple is promoting the addition of a layer of lending infrastructure on the XRP Ledger (XRPL), allowing institutions to use on-chain tokenized assets as collateral for financing, while the loan terms are automatically executed by the protocol, with credit assessments and lending decisions still made by off-chain institutions.According to reports, the proposal is named the XRPL Lending Protocol (corresponding to the XLS-65 and XLS-66 standards), which is currently still in the technical draft stage and must be approved through validator voting before it can go live on the mainnet, but it has already been opened for developer trials on the test network.The design of the protocol splits the lending process into two parts: on-chain mechanisms responsible for managing the fund pool, calculating interest, executing repayments, and handling defaults; while the credit assessment of borrowers and the setting of loan terms remain in the hands of traditional financial institutions to meet compliance requirements in different jurisdictions.Ripple stated that this mechanism is primarily aimed at the short-term liquidity needs of institutions, such as in cross-border payment scenarios, where temporary financing is obtained through stablecoins or collateralized assets before settlement, to enhance capital efficiency.Analysts believe that this proposal attempts to introduce a "rule-based lending infrastructure" similar to traditional finance while maintaining the open network attributes of XRPL, but it still faces competition from established on-chain lending protocols like Aave, Compound, and Maple.

Ethlabs published a response on platform X regarding its nonprofit positioning and funding situation, stating that the choice to operate under a nonprofit structure is to focus on the long-term development needs of Ethereum as a "public good" and to maintain the organization's independence and neutrality in research and development.In terms of governance structure, Ethlabs pointed out that its funding comes from large ETH holders and Ethereum ecosystem builders, whose interests are highly aligned with the long-term success of Ethereum, but they will not gain any governance control or participate in roadmap formulation or project prioritization decisions. Ethlabs emphasized that this arrangement is intentionally designed to avoid external funding influencing core directions.At the same time, Ethlabs stated that the future continuous financing mechanism itself is also a form of "accountability mechanism," meaning that only by continuously creating real value for the Ethereum ecosystem can they obtain subsequent funding support, thus forming a long-term feedback loop.Regarding funding, Ethlabs revealed that it is currently in the final stages of financing and has not disclosed specific amounts, but the committed funds already obtained are expected to support an operational cycle of 2 to 3 years and cover the recruitment needs for top talent. Ethlabs emphasized its positioning as a long-term project, not a one-time funding plan.

According to DataCenterDynamics, Bitcoin mining company and data center Hive Digital Technologies announced that it will raise $100 million by issuing zero-coupon convertible senior notes maturing in 2031 to further expand its computing power infrastructure.In addition, the company has signed a non-binding letter of intent (LOI) with a Swedish sovereign technology company that has an investment-grade credit rating, intending to lease approximately 30MW of computing power resources at its data center for a term of up to 10 years.According to the agreement, Hive will deploy approximately 25MW of IT computing capacity and plans to use up to 10,000 Nvidia GB300 GPUs; however, the letter of intent still requires further negotiation and the signing of a final formal agreement.

According to PR Newswire, BitMine increased its holdings by 27,084 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,700,040, accounting for approximately 4.7% of the total Ethereum supply.Currently, the total value of cryptocurrencies, cash, and other investment assets held by BitMine is approximately $9.8 billion, which includes $555 million in cash and securities, 206 Bitcoin, $180 million in equity assets from Beast Industries, and a $74 million investment in Eightco Holdings. In addition, the amount of Ethereum it has staked has increased to 4,879,157 (over 85% of total holdings), valued at approximately $7.7 billion, with a current annualized staking yield of about $211 million.Tom Lee stated that BitMine was included in the Russell 1000 large-cap index during the Russell index annual reconstitution on June 26, 2026. This inclusion is expected to bring hundreds or even thousands of new institutional investors, as passive funds and ETFs typically hold 18% to 20% of the outstanding shares of publicly listed companies.However, this week has been challenging for crypto investors, with ETH down 8%, despite positive developments in the Ethereum ecosystem such as the establishment of Ethlabs, and a softening stance from the Bank of England on stablecoins. He believes that the "earnings manipulation" effect that appears near the end of the quarter has led investors to reduce holdings in assets that have underperformed over the past three months, but the long-term development path of the crypto industry remains positive, with the dual driving forces of Wall Street infrastructure moving on-chain and proxy AI payment systems still in place.

Bitget launches the "TradFi 100 Questions for Popular Science" long-term investor education program, breaking down the traditional financial knowledge system into 100 core questions, covering six major modules: financial basics, asset encyclopedia, market mechanisms, macroeconomics, risk management, and the evolution of multi-asset trading.The course uses structured content and weekly updated educational materials as a medium, focusing on analyzing the driving logic behind stocks, commodities, interest rates, and capital flows, helping traders establish an investment framework across asset classes.Bitget CEO Gracy Chen stated that as the connections between financial markets deepen, crypto investors need to pay attention to factors such as interest rates, inflation, stocks, commodities, and global liquidity.The "TradFi 100 Questions for Popular Science" aims to lower the understanding threshold of traditional financial knowledge, helping users adapt to a multi-asset investment environment where traditional assets and digital assets converge.

According to Jinshi, the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange Group (ICE) plans to launch new futures contracts linked to global monetary policy decisions and U.S. natural gas inventories, aimed at providing investors with a way to hedge against economic event risks. ICE plans to introduce futures products based on interest rate decisions from the Federal Reserve, European Central Bank, and Bank of England, expected to go live on August 10 after obtaining regulatory approval.

According to on-chain analyst Ai Yi's monitoring, the Hyperliquid whale, which previously shorted 16 altcoins for a profit of 13.68 million dollars, is suspected of selling ETH again. Four hours ago, it deposited 6,860 ETH (10.8 million dollars) to Binance, with a deposit price of 1,574 dollars. If sold, it would incur a loss of 2.86 million dollars (having accumulated at an average price of 1,991 dollars in February and March this year). Since June 24, it has transferred a total of 21.82 million dollars worth of ETH to exchanges, expecting a loss of 5.485 million dollars.

According to CryptoQuant analyst MorenoDV_, the current reading of the Bitcoin UTXO profit and loss ratio model has fallen into a historically low range, indicating that the market is undergoing a deeper internal cleanup.However, the analyst emphasizes that this does not mean the bottom has been confirmed— the 365-day moving average needs to decline further to prove that the market's long-term profit structure has been fully reset, rather than just a short-term oversold reaction. Although a brief rebound may occur due to a short squeeze, it should not be seen as a structural recovery signal if the profit and loss ratio fails to sustain its reconstruction.Overall, signs of internal cleanup in BTC are beginning to emerge, but historical patterns suggest that the market may still need to endure more pressure before fully emerging from this bear market.

According to Bitcoin Magazine, Galaxy Research has lowered the probability of the passage of the CLARITY Act in 2026 from 60% three weeks ago to 50%, due to the increasingly tight Senate schedule, the lack of a published merged text for the bill, no scheduled votes, and no public commitment from leadership. The bill has been listed as item 423 on the legislative calendar since it passed the Senate Banking Committee on May 14 with a vote of 15-9, but no motion to advance it has been scheduled to date.The report indicates that the Senate must announce a schedule by early July to complete voting before the August recess; otherwise, it will be postponed until September, when the upcoming midterm elections will make controversial votes harder to arrange. Priority legislation such as FISA Section 702 and the NDAA occupies a significant amount of time, and Trump's veto of the housing bill further exacerbates scheduling pressures.The substantive content of the bill has not yet been fully resolved, and ethical provisions remain a core controversy, with at least two Republican senators expected to vote against it, making Democratic support essential. The report suggests that if leadership clarifies a commitment to vote in July within the next two weeks, the probability of passage will rise to 60% or higher; if there is continued lack of progress, it will be further lowered.

The South Korean government has announced significant project plans in the areas of chips, physical artificial intelligence, and artificial intelligence data centers. South Korean President Lee Jae-myung stated that it is necessary to ensure the development of artificial intelligence elements faster than other countries, and chip production construction must be completed as soon as possible.The current factory site selection is nearing its limits in terms of water resources and other infrastructure. The southwestern region will invest between 50 trillion to 200 trillion won in the new projects, while Gwangju and Jeolla may invest 52 trillion won in the projects. Regarding the detailed planning for the factories, the South Korean government announced that it is expected to build four chip factories in the southwest, with an investment of about 800 trillion won; Samsung Electronics and SK Hynix will each build two new factories; it is expected that investment in the chip sector will reach at least 300 trillion won over the next 15 years, including next-generation memory, edge artificial intelligence, and defense.Investment in the chip packaging cluster in the Chungcheong region is expected to reach 81 trillion won. It is anticipated that approximately 55 trillion won will be invested in the construction of artificial intelligence data centers. The South Korean government expects to double DRAM production capacity within five years, and the global memory market is expected to quadruple in five years. The South Korean side also stated that it seeks to distribute the growth dividends to the public.

According to Documenting Bitcoin, the Bitcoin network successfully mined a block using the Stratum V2 protocol for the first time. Compared to the currently widely used Stratum V1, Stratum V2 allows miners to independently construct block templates and choose transactions to package, rather than being completely determined by the mining pool. This retains the mining pool's revenue distribution mechanism while reducing the mining pool's control over transaction packaging, which helps enhance the decentralization and censorship resistance of Bitcoin mining.

Vitalik Buterin published an article titled "Obfuscation: building the final boss of cryptography (Part I)", systematically outlining the entire technical tree behind the mainline of the obfuscation protocol (iO). The article points out that obfuscation technology can transform programs into "encrypted programs", allowing computations on plaintext inputs while hiding internal logic. Theoretically, it can achieve "trustless trusted third parties", and when combined with blockchain, it can build nearly trustless voting systems, auction protocols, and various other applications. However, the current iO scheme, while technically polynomial time, incurs enormous practical overhead, with expected runtimes exceeding the lifespan of the universe.The article details the construction process of lattice-based iO, covering the stacking of primitives such as fully homomorphic encryption (FHE), attribute-based encryption (ABE), obfuscated circuits, function encryption, and XiO. Vitalik stated that the field has moved from "impossible" to "provably secure" over the past decade, but there remains a significant gap to practical application. He proposed three future paths: further optimizing the existing lattice-based route, adopting bolder cryptographic assumptions to simplify constructions, or exploring entirely new assumptions that are completely different from lattices, emphasizing that if any direction succeeds, it will largely "solve cryptography", enabling any protocol describable by an ideal trusted third party to be securely implemented.

According to ChainCatch news, as per official information, on June 28, 2026, the Gate DEX "World Cup Oracle" event page officially launched, coinciding with the conclusion of the World Cup group stage and the full start of the knockout stage. In addition to daily prediction gameplay, the page also aggregates three major Gate exclusive data highlights.The first is the "Single Match Profit Ranking Live," which updates the top 3 profit addresses for each match in real-time after the game ends, clearly showing the principal, profit, and multiple. For example, on June 28, in the match where Croatia defeated Ghana 2-1, the top profit address reached +$137.61 million; matches like Colombia vs. Portugal and Panama vs. England also produced multiple high-profit addresses. The second is "Expert Prediction Holdings," where the platform selects "prediction experts" for each team in this World Cup—specifically, on-chain smart money addresses with more than 2 related match events, a win rate greater than 60%, and profits exceeding $5000—and displays their betting direction for the current match, allowing users to intuitively reference expert judgments. The third is "World Cup Smart Money Holdings," which compiles addresses that have continuously bet profitably during this World Cup, aggregating their betting situations for user reference.Users can connect directly with a Web3 wallet or Gate TEE quick wallet with one click, referencing the judgment ideas of on-chain smart money to participate in daily match predictions.

According to The Bitcoin Historian (@pete_rizzo_), the $2 billion lending giant Ledn has removed cryptocurrencies from all its products and fully shifted to a pure Bitcoin strategy. Ledn stated that this adjustment is a strategic transformation aimed at aligning with the core principles of Bitcoin.

According to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has granted the 50th Virtual Asset Service Provider (VASP) license to the tokenized asset platform Tribe Tokenisation FZE. VARA stated that licensed enterprises must undergo a controlled operation phase before officially providing services. By the end of 2025, 39 licensed VASPs will be fully operational, and the latest data for 2026 is still being verified. In comparison, Singapore currently has 37 licensed digital payment token service providers, while Hong Kong has only 13 licensed virtual asset trading platforms.

According to token unlocking data from the Crypto asset data platform RootData, MYX Finance (MYX) will unlock approximately 18.06 million tokens at 00:00 Beijing time on July 6, worth about 1.61 million USD.

According to monitoring by Lookonchain, the deployer of the token $ANSEM, with a market capitalization of over $120 million, "yHCxHB" only made a profit of $5,500 from the project.It is reported that the deployer initially spent $6,300 to deploy and purchase 792.45 million $ANSEM tokens. Subsequently, they transferred 650 million tokens to crypto KOL Ansem (@blknoiz06) and sold the remaining 142.45 million tokens for $11,800, resulting in an actual net profit of only $5,500.

According to Reuters, the Austrian government has proposed that the EU consider bringing the AI company Anthropic into its territory to address the U.S. restrictions on foreign users accessing advanced AI models.In an open letter to the EU Commissioner for Technology, Austrian Secretary of State for Digitalization Alexander Proell called on the EU to jointly explore Anthropic's strategic layout and participation in Europe, and to provide it with legal protection, market access, and capital support. He emphasized that Europe must ensure it is not excluded from major technological innovations and strive to become the architect of the technological future rather than a passive recipient.It is reported that the European Commission proposed relevant legislation earlier this month aimed at boosting the local cloud computing, AI, and semiconductor industries to reduce dependence on U.S. tech giants. Currently, Anthropic has not responded to this proposal.

StableStock officially launched its leveraged spot trading feature today. Users can now directly use stablecoins to conduct leveraged spot trading on global market targets, accessing the real stock market through stablecoins.Leveraged spot trading supports zero interest for intraday trading: positions opened and closed before the end of the day's after-hours session do not incur interest, with only the overnight portion subject to interest calculation according to the rules, effectively reducing the holding costs for active traders. This covers major global markets, allowing for leveraged trading on over 700 targets, with a maximum leverage of about 10 times, including SK Hynix, Samsung Electronics, Zhizhu, and many popular US stocks; in addition to individual stocks, several short (inverse) ETFs are also included, providing options on both long and short sides.StableStock CEO Zixi stated: "Leveraged spot trading further connects stablecoin settlement with the real stock market, marking another step for stablecoins from being a settlement tool to becoming an entry point for real asset trading."Users must complete identity verification (KYC) and transfer funds to the leveraged account before use; interest calculation, forced liquidation, and other details are subject to the product page. Leveraged trading will amplify both gains and losses, so please use it cautiously.StableStock is supported by institutions such as YZi Labs, MPCi (Matrix Partners China), and Vertex Ventures, and currently supports trading on approximately 1,400+ global stock targets, with plans to continue expanding into more markets and categories.

According to Onchain Lens monitoring, BitMEX co-founder Arthur Hayes purchased 6.16 million SYN (2.2 million USD) from FlowDesk.