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Coinbase will list Re (RE)

according to an official announcement, Coinbase announced it will list Re (RE).

“Fed Whisperer”: Three Key Points in Warsh’s First Showdown, Focus on Whether “Easing Bias” Language Will Be Dropped

"Fed Whisperer" Nick Timiraos stated that there are three key points to watch in Warsh's first Fed meeting as chair:1. Will the "easing bias" language be removed? And if so, what will replace it? Since 2024, a sentence in the policy statement regarding "additional adjustments" has been signaling to the outside world that the next move in interest rates is more likely to be a cut than a hike. This language sparked dissent at the last Fed meeting and now appears increasingly untenable. Removing it could satisfy everyone: hawks want it gone, and Warsh can tout the move as a reform rather than a signal of a hawkish turn. Even Trump previewed this move during Warsh's swearing-in ceremony.2. Will the "dot plot" take over as a guidance tool? Who will predict a rate hike? The Fed will release its first interest rate projections since March; at that time, 12 of the 19 officials expected at least one rate cut in 2026. Now, most expect no cuts. I'm watching how many predict a hike—and whether Warsh, long skeptical of the dot plot, will submit his own projection or downplay its significance by not voting on it.3. How will Warsh communicate during the press conference? The Fed Chair's words can move markets only if people believe he commands a majority—that his words represent the committee's direction, not just his own views. Warsh leads a divided group that he may not fully control. If he faithfully conveys his colleagues' views, he can begin building the authority to speak for them; if not, colleagues will express themselves elsewhere (e.g., through dissenting votes). Under a chair inclined to reduce signaling, those "dissents" themselves may become the tools for sending signals. (Jinshi)

XION officially rebrands to Verona (VERONA) and launches its flagship product "Ero"

it has officially announced a brand重塑 to Verona, along with the simultaneous launch of its flagship product "Ero," marking a new phase in its ecosystem centered on application-driven growth and revenue闭环. Verona stated that the new economic model will consolidate on-chain and off-chain ecosystem revenues into a unified "buyback + burn" mechanism to support token value capture and a deflationary structure. Platform revenue sources span seven major areas, including ecosystem application fees, validation fees, enterprise contracts, data reuse, AI agent interactions, enterprise smart services, and settlement reserve income.Analysts point out that this model attempts to integrate blockchain infrastructure, advertising validation, and the AI agent economy into a unified revenue system, thereby strengthening the linkage between the token and real cash flow.

Anthropic Announces Official Opening of Seoul Office

Anthropic has officially announced the opening of its Seoul office, while simultaneously unveiling a series of collaborative developments in South Korea's AI ecosystem. These collaborations span large enterprises, startups, developer communities, and research institutions, accelerating the enterprise-level expansion of its model, Claude, in the Asian market.It is reported that companies such as LG CNS, Hanwha Solutions, and Samsung SDS are integrating Claude into their internal workflows and software development systems. Anthropic will also collaborate with the National AI Research Laboratory (NAIRL) of Korea and non-profit organizations. Furthermore, the newly established Seoul office will serve as a long-term operational and talent recruitment hub for the Asian region.

EarnOS Secures $6 Million Pre-A Funding Round with Participation from Coinbase Ventures and Others

EarnOS, a blockchain-based digital advertising startup, has announced the completion of a $6 million Pre-A funding round, led by 1kx with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. Additionally, EarnOS has secured a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application verification, user onboarding, and reward distribution systems. The company also announced a brand restructuring, noting that its L1 network will provide underlying support for EarnOS, enabling large-scale user authentication and task incentive mechanisms. (The Block)

Coherent Receives Up to $50 Million in Direct Funding to Expand AI Photonic Chip Production Capacity

According to Semiconductor-Today, Coherent announced that it has signed a Letter of Intent with the U.S. Department of Commerce to secure up to $50 million in direct funding under the CHIPS and Science Act to expand advanced manufacturing capacity for AI photonic chips.

Iranian Foreign Minister: The issue of navigation through the Strait of Hormuz should be properly addressed, and the relevant memorandum of understanding should be effectively implemented

Odaily News: On the 17th, Wang Yi, a member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs, spoke by telephone with Iranian Foreign Minister Araghchi at the latter's request. Araghchi briefed Wang Yi on the situation regarding the first-stage memorandum of understanding reached between Iran and the United States, and sincerely thanked China for its positive role in promoting the negotiations and reaching the agreement. Araghchi stated that the relevant memorandum of understanding should be effectively implemented, including Israel ceasing its military operations against Lebanon. Iran has always viewed its relations with China from a strategic perspective and looks forward to enhancing mutual trust with China, deepening cooperation in various fields, and jointly advancing the comprehensive strategic partnership between the two countries. The issue of navigation through the Strait of Hormuz should be properly addressed, and the general concerns of the international community should be responded to prudently. China supports Iran in improving its relations with regional countries and exploring the joint construction of a regional security architecture. China is willing to strengthen communication and coordination with Iran, and while consolidating and deepening Sino-Iranian relations, continue to contribute to maintaining and promoting regional peace and stability. (Xinhua News Agency)

Lighter updates buyback data: Over 15 million LIT repurchased, accounting for 6% of circulating supply

Lighter official posted on X updating the protocol's buyback data, indicating that since TGE, over 15 million LIT tokens have been repurchased, representing approximately 6% of the circulating supply.

OpenAI and Anthropic Escalate Competition: AI Regulation Debate Evolves into a Multi-Million-Dollar Election Battle

According to Fortune magazine, the political battle surrounding New York State Assemblymember Alex Bores’ congressional campaign has escalated into a direct confrontation between two major camps in the AI industry: OpenAI and Anthropic have each contributed millions to tens of millions of dollars through affiliated political action committees (PACs) to support candidates with opposing stances.

MegaETH Launches AI Agent-Compatible Wallet MOSS

MegaETH has announced the launch of MOSS, an AI Agent-compatible wallet. Users can manage funds across multiple protocols through a single MOSS wallet, eliminating the need to deploy separate wallets or set permissions for each protocol.

a16z crypto: The crypto industry enters the 'Show Me' era, shifting from narrative-driven to data-verified

a16z crypto has stated in an article that the crypto industry is entering the so-called "Show Me era," where the market and media no longer accept projects relying solely on vision and whitepapers but demand real data and verifiable product deployment. In the past decade, crypto projects often depended on a "vision is the product" logic, gaining market attention through whitepapers, token narratives, and proof-of-concept. However, as regulatory scrutiny intensifies, negative industry incidents increase, and institutional players enter the space, this model is becoming obsolete. Simultaneously, the accelerated entry of traditional financial institutions into the crypto field is significantly raising the industry bar, including BlackRock's tokenized money market funds, Fidelity's ETF initiatives, and JPMorgan Chase's advances in on-chain settlement and building its own blockchain network. This makes "real products and actual usage" the new competitive standard.a16z crypto summarizes the current industry standard as a "proof-first" mechanism, requiring projects to demonstrate clear product usage data, on-chain transaction volumes, genuine user growth, and sustained retention, rather than merely intentions to partner or conceptual roadmaps. The firm emphasizes that "partnership announcements" no longer constitute valid signals; they must be accompanied by actual integrations and verifiable data. Meanwhile, user growth, on-chain activity, revenue curves, and third-party verification have become core evaluation metrics. The article further introduces the concept of a "proof stack," where projects need to convert narrative into credible product facts through a multi-dimensional chain of evidence — real users, independent verification, on-chain data, and established partnerships.a16z crypto believes that the industry's communication logic has shifted from "what you are doing" to "what you have already accomplished." It emphasizes that while narrative and vision remain important, their weight has dropped from approximately 80% in the past to 20% now, as the industry officially enters a competitive phase centered on results.

Sharon AI Announces $700 Million Convertible Senior Notes Offering

Sharon AI has announced the issuance of convertible senior notes to raise $700 million, with the proceeds intended to support its computing agreement with NVIDIA.

Bittensor Proposal to Restructure Reward Mechanism: Validators May Transform into "Fund Managers"

Odaily A new governance proposal called "Root Reborn" for the decentralized AI network Bittensor is drawing attention. Submitted by developer "unconst," the proposal is currently in the code review stage and has not yet been implemented on the mainnet.According to reports, the plan aims to restructure the TAO staking reward distribution mechanism, transforming validators from passive reward distribution nodes into capital allocators similar to "fund managers." Under the current mechanism, the system sells rewards owed to root-level stakers and automatically exchanges subnet tokens for TAO to pay out yields. This process is believed to create continuous selling pressure on various subnet token prices. The "Root Reborn" proposal suggests that validators could autonomously choose which subnets to support and reinvest the rewards that would otherwise be sold into these subnet assets, forming a compoundable asset portfolio. Stakers would still receive rewards and could exit at any time in TAO.The design of the proposal aims to convert persistent selling pressure into structural buying power, while also giving validators a more proactive screening role in capital allocation, thereby strengthening high-quality subnets and weakening low-quality projects.However, the proposal is still in the GitHub review phase. Early automated reviews have identified risks including large-scale data processing bottlenecks and potential impacts on staker settlements when subnets are shut down. The developer has stated that related issues have been fixed and that optimization will continue before mainnet deployment.According to market data, TAO has fallen approximately 28% over the past 12 months, while Bitcoin has dropped about 38% during the same period. The current annualized staking yield is approximately 17%. (CoinDesk)

Bitget CandyBomb: Trade TSLA, AAPL, etc. to Unlock 60 rSPCX Tokens

Bitget has launched the latest CandyBomb campaign, with a total prize pool of 60 rSPCX tokens. This campaign is exclusively for new stock contract users. Users who complete designated contract trading tasks can earn up to 1 rSPCX token each.

Plasma financial product Plasma One is now live

Plasma has announced the launch of its innovative banking financial product, Plasma One.

Ionic Digital Releases May Financial Report: Sold No BTC in May, Total Holdings Rise to 2,861 BTC

cryptocurrency mining company Ionic Digital has released its mining and operational update report for May 2026, disclosing a mining output of 24.77 BTC, representing a 21.1% month-over-month increase. During the period, the company did not sell any Bitcoin and maintained a zero-debt status, with total holdings rising to 2,861 BTC. The company also disclosed current average daily hashrate of 1.74 EH/s, an increase of 15.3% compared to the previous month. (Globenewswire)

Aster Adjusts ASTER Buyback and Burn Ratio to 198%

Aster announced an update to the ASTER tokenomics, increasing the buyback and burn ratio to 198%. Starting today at 12:00 UTC, 99% of the platform’s daily transaction fees will be used to buy back ASTER tokens, and an equivalent amount of ASTER tokens will be burned 1:1 from the reserve, enhancing staking incentives and driving the token toward a deflationary trajectory.

Sui: Karrier One Enables Global Transfers and Wallet Management on Sui

Sui posted on X, stating that Karrier One has made transfers on Sui as easy as sending a text message. The app supports secure calling, messaging, global transfers, and wallet management.

Benchmark: Coinbase Is Transforming from a Crypto Broker to a "Full-Stack Exchange," Maintaining a $270 Price Target

Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)

Ornn Launches Anthropic and OpenAI Token Cost Benchmark Index

Odaily AI cost tracking company Ornn has officially launched a token price benchmark service for major large language models, adding independent Token cost indices for Anthropic and OpenAI. These indices are used to measure the unit computing cost of different models in real-world usage scenarios, aiming to provide end users with more transparent AI inference cost references. The service breaks down the Token pricing of different AI labs into comparable standardized metrics, helping enterprise customers and investors obtain a unified way to measure and hedge against AI computing cost fluctuations. (The Information)