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Ethereum Foundation Completes Five-Year Funding Commitment to Argot Collective

According to official sources, the Ethereum Foundation stated that it has completed its five-year cooperation agreement with Argot Collective to support the development and maintenance of critical Ethereum infrastructure under a neutral, independent framework. Argot Collective stated that both parties have completed the final phase of the original five-year funding commitment, with approximately 4,938 staked ETH to be transferred to a multi-signature wallet and unlocked in phases on July 1, 2026, and July 1, 2027.

Wintermute: AI Trading Cooling Drags Market Correction, Bitcoin Tests Key Support Level

The latest report released by Wintermute shows that cooling AI trading has triggered market sector rotation, with the Nasdaq Index falling for the fifth consecutive trading day, down 4.5% in a single day, and the semiconductor sector under significant pressure; Bitcoin fell 5.9%, dropping below $60,000 to around $59,300, while Ethereum fell 7.9%. The U.S. May Personal Consumption Expenditures Price Index (PCE) rose year-on-year to 4.1%, reinforcing expectations of higher rates for longer, and a stronger U.S. dollar also exerted pressure on crypto assets.

Taiko network has resumed operations, cross-chain bridge assets have regained 1:1 full backing

According to official announcements, Taiko stated that the network is back online and no user assets were lost. Currently, steps 2 and 3 of the cross-chain bridge related fixes have been completed. Assets within the bridge have been restored to 1:1 full backing with corresponding assets on Ethereum. Network functions have returned to normal, and users can continue to perform transfers, swaps, and trading operations.

BIT: AI Stock Sell-off Triggers BTC Drop Below $60,000, Market Shows "Orderly Decline" Rather Than Panic

According to the weekly market report released by BIT Official, heavy selling in semiconductor and AI stocks on June 23-24 triggered defensive adjustments by institutional capital. BTC fell below $60K on June 24, hitting a low of ~$59,000 (intraday decline of approximately 5%). Approximately $994 million in liquidations occurred during the same period (of which approximately $780 million were long positions). Approximately $1.2 billion in nominal Put positions at the $60K level forced market makers to short, exacerbating the downward trend. As of the weekend, BTC was quoted at ~$59,992, down 6.9% for the week; ETH was quoted at ~$1,578, down 9.3% for the week. In terms of volatility, DVOL only rose slightly (BTC 44.1→45.7, ETH 57.3→59.5), front-end skew tended to stabilize, and convexity returned to normal. The institutional defensive hedging ratio decreased from 29.6% to 19.7%, shifting towards two-way balance, overall showing characteristics of an "orderly decline" rather than panic selling. In terms of ETFs, for the week ending June 26, US spot BTC ETFs saw net outflows of approximately $1.79 billion, marking the second-highest weekly outflow record in history, and have seen net outflows for 7 consecutive weeks; IBIT net assets decreased to approximately $44.4 billion, with average holders having an unrealized loss of approximately 40%. Strategy purchased only 520 BTC this week (approximately $34.9 million), significantly slowing down compared to the previous two weeks. MSTR stock price has fallen below its BTC book value, and the flywheel effect has been affected

Ethlabs: Existing Funds Can Support 2-3 Years of Development, Committed to Non-Profit and Neutral Governance

Ethlabs posted on X platform to address its non-profit positioning and funding situation. It stated that the choice to operate as a non-profit 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.Regarding governance structure, Ethlabs pointed out that its funding comes from large ETH holders and builders within the Ethereum ecosystem. These funders are closely aligned with the long-term success of Ethereum but will not receive any governance control, nor will they participate in roadmap formulation or project priority decisions. Ethlabs emphasized that this arrangement is a deliberate design aimed at preventing external capital from influencing its core direction.Meanwhile, Ethlabs indicated that the future continuous fundraising mechanism itself acts as a "accountability mechanism." Only by consistently creating real value for the Ethereum ecosystem can it secure subsequent funding support, thereby forming a long-term feedback loop.In terms of funding, Ethlabs revealed that it is currently in the final stages of fundraising and has not yet disclosed the specific amount. However, the pledged funding commitments are expected to support an operational cycle of 2 to 3 years and cover the needs for recruiting top-tier talent. Ethlabs emphasized its positioning as a long-term project, not a one-time grant program.

Taiko: Mainnet to Resume Operations in Four Steps; Vulnerability Fixed and Security Review Completed

Taiko, an Ethereum Layer 2 project, announced that its fix has been reviewed by independent security experts. The mainnet will resume operations in four steps, including: deploying the fix and confirming the chain's final state is correct, ensuring there are no invalid checkpoints or attacker-submitted records that could be accepted; replenishing cross-chain bridge liquidity to ensure all L2 assets maintain a 1:1 reserve; restoring network operations and reopening L2 transfers, swaps, and trading functions; and having the security committee propose lifting the bridge suspension to fully restore asset deposit and withdrawal functionality.Taiko stated that during the initial reopening period, relatively conservative withdrawal limits will be set as an additional security measure, but this is not expected to affect users' normal asset operations.

Ethlabs: Existing Funding Commitments Can Support Operations for 2 to 3 Years, Forming a Complementary Collaboration with the Ethereum Foundation

Ethereum non-profit research and development organization Ethlabs released an FAQ stating that current funding commitments can support the team's operations for the next 2 to 3 years, and will continue to pursue subsequent fundraising, with the community funding round still open.

Loopring DEX Announces Immediate Shutdown and Will Directly Return Users’ Assets

According to Loopring’s official announcement, Loopring DEX—the first zkRollup protocol on Ethereum—has announced the immediate cessation of all trading services, and its relayer has been taken offline simultaneously. The team cited several reasons for the shutdown: (1) its early architecture lacked virtual machine support, constraining ecosystem growth; (2) insufficient commercial operational capabilities within the team; (3) external pressure—including the delisting of LRC from multiple major exchanges in 2026; and (4) the fact that modern zkEVM solutions have comprehensively surpassed Loopring’s original technical architecture. Regarding user asset distribution, Loopring will adopt a centralized approach to directly batch-send assets to users’ Layer-1 wallet addresses. Users need not perform any on-chain actions or pay gas fees—all transaction costs will be borne by the team. The specific process is as follows: publish the final balance list → upgrade the smart contract → a two-week public review and audit period → batch distribution.

CAP (Cap) Has Been Listed on Bybit Spot Exchange, Launching a $3 Million CAP Trading Competition

According to the official announcement, Bybit Spot has launched Cap (CAP/USDT) on its spot market on June 26 at 12:00 PM UTC, and deposits are now open. Meanwhile, CAP has been added to Bybit’s Token Splash trading competition, where eligible users can participate in sharing a prize pool of up to 30 million CAP tokens. Cap is a decentralized credit protocol built on the Ethereum blockchain, designed to safeguard lenders’ principal through on-chain financial guarantees.

Base has postponed the Beryl mainnet upgrade to June 26 at 18:00 UTC.

Base has postponed the Beryl mainnet upgrade to June 26 at 18:00 UTC to ensure full activation of the B20 Activation Registry. Developers must wait until the registry goes live before deploying B20 tokens, with an estimated maximum wait time of approximately one hour. Base stated that the previous ~2-hour mainnet block interruption was unrelated to this upgrade. Additionally, Beryl will reduce the withdrawal waiting period from Base to Ethereum from 7 days to 5 days and integrate Reth V2.

HTX will jointly launch CAP (Cap) at 9:00 PM today.

According to the Huobi HTX announcement, Huobi HTX will open CAP deposit services on June 26 at 18:30 (GMT+8). CAP/USDT spot trading will go live on June 26 at 21:00 (GMT+8). CAP withdrawal services will be available starting June 28 at 21:00 (GMT+8). Cap is a DeFi credit protocol built on a Covered Credit mechanism, comprising digital dollars, a credit platform, and a financial guarantee market, designed to provide collateralized support for personal loans. CAP’s stablecoin engine will mint redeemable stablecoins in various denominations (e.g., USD, BTC, and ETH).

BLUAI is about to be listed on Bitget PoolX, lock ETH to unlock 14 million BLUAI

Bitget PoolX is about to launch the Bluwhale AI (BLUAI) project. Users can lock ETH to share 14,000,000 BLUAI, with a personal lock-up limit of 1,500 ETH. The lock-up channel will be open from 18:00 on June 26 to 18:00 on July 7 (UTC+8).In addition, users with positive net ETH deposits during the event period will receive a 5% ETH wealth management booster coupon after the event ends. First-time PoolX participants who meet the net deposit requirements will receive a 15% ETH booster coupon. The net deposit calculation period is from 17:00 on June 26 to 17:00 on July 6 (UTC+8). For more details, please refer to the official Bitget platform.

CAP (Cap) to Be Listed on Bybit Spot Platform

Odaily BlockBeats News, according to official announcements, Bybit Spot will list CAP (CAP/USDT) on the spot market on June 26 at 1PM UTC.- Deposit opening: June 26 at 4AM UTC- Trading opening: June 26 at 12:00PM UTC- Withdrawal opening: June 27 at 10:00AM UTCCap is a decentralized credit protocol built on the Ethereum blockchain, designed to protect lenders' principal security through on-chain financial guarantees.

OKX's "Flash Earn" product will launch ROBO, offering a share of 20,000,000 ROBO rewards

according to official sources, OKX's "Flash Earn" product will list ROBO from 15:00 on July 3, 2026, to 15:00 on July 7, 2026 (UTC+8). During the event, users who participate by staking BTC, ETH, OKB, or ROBO can share a 20,000,000 ROBO airdrop reward. Users can access the event page via the OKX App — Explore — Flash Earn.Furthermore, this event adopts the Flash Earn user tier system. The staking cap for each cryptocurrency is determined by the user's tier, which is based on the higher of either the 30-day average net asset value or the 30-day trading volume. User Flash Earn tiers will be displayed on the Flash Earn page (Staking to Earn) starting July 3, offering staking limits that better align with user platform activity.

ZachXBT: AscendEX Withdrawal Delays Raise Concerns Over On-Chain Reserves and Liquidity Stress

ZachXBT issued a community alert on X, warning that the centralized exchange AscendEX (formerly Bitmax) has recently been reported to experience delays in processing user withdrawals—some withdrawal requests may take several days or even weeks. ZachXBT noted that ETH, USDT, SOL, and other major high-market-cap assets are held in relatively low amounts within known hot wallets flagged by Arkham and TRM, potentially indicating liquidity pressure facing the platform.

Base Network Resumes Operations After 2-Hour Outage

the Ethereum Layer 2 network Base mainnet experienced a "major failure," leading to unstable production of new blocks. According to the Base status page, the issue began around 16:03 UTC.Base resumed operations after approximately two hours of downtime. This failure previously halted block production and transaction processing.The Base team stated that an invalid block triggered the related issue. They are currently investigating the root cause and recommend that node operators restart their nodes. This incident marks another network interruption for Base following its previous downtime in August 2025.

Ondo Launches 24/7 Tokenized Stock Minting and Redemption Service

Ondo has officially launched a 24/7 instant minting and redemption service for tokenized U.S. stocks and ETFs. Previously, the platform only supported minting and redemption windows 24 hours a day, five days a week (24/5). With this upgrade, eligible users can now mint or redeem supported tokenized assets at current market prices at any time, including weekends and U.S. public holidays. The first batch of assets supporting 24/7 instant minting and redemption includes six tokenized stocks: SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon. These are currently live on Ethereum and BNB Chain, with Solana support coming soon.

Taiko Releases Security Incident Update: Launches Fix Testing, Full Collateral for Bridged Assets to Be Restored Before Reopening

Ethereum Layer 2 project Taiko has released the latest update on a security incident, stating that this incident will not result in any user fund losses. Currently, bridged assets are under-collateralized, and the team will complete supplementary collateral for all assets before reopening the bridge, ensuring that each user's balance is supported on a 1:1 basis, identical to the state before the incident. Since the security incident occurred, cautious measures have been taken, including controlling the scope of impact, determining the root cause, and collaborating with the board to develop a plan to protect user assets.Furthermore, the CEO of Taiko has submitted a formal report to relevant authorities in Singapore, and the team will fully cooperate in tracing the responsible parties. Users are currently not required to take any action. The completed fix is now being tested, and Taiko will reopen the chain and bridge services as soon as it is deemed safe. Meanwhile, users are reminded to be vigilant against scams. The Taiko team will not proactively message users, and there are no claim or refund websites. Any links offering such services are fraudulent.

Ink upgrades to OP Enterprise Fully Managed Service, signs multi-year agreement

Ink, an Ethereum Layer 2 network incubated by Kraken, has reached a multi-year infrastructure agreement with Optimism, upgrading to OP Enterprise Fully Managed.Under the agreement, Optimism will be responsible for running Ink's production infrastructure, while the Ink Foundation will focus on ecosystem growth and new financial products. Additionally, Ink will serve as a deep design partner for OP Enterprise, jointly advancing roadmap plans including programmable block construction, one-day Ethereum withdrawals, and sequencer-level compliance tools.Currently, applications built on the Ink network generate nearly $40 million in annual revenue. This partnership makes Ink another exchange-related blockchain network to join the fully managed layer service, following Bitpanda's Vision Chain. (The Block)

Standard Chartered Bank: Aave is expected to rise to $3,500 by 2030, an increase of approximately 50x from its current price.

According to CoinDesk, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, released a report initiating coverage of the decentralized lending protocol Aave, with a target price of $3,500 by end-2030—approximately 50 times its current price of around $70—and expects Aave to outperform both Bitcoin and Ethereum. Kendrick stated that Aave has recovered from the April 2026 KelpDAO rsETH bridge vulnerability incident, during which attackers used approximately $290 million worth of stolen tokens as collateral to borrow real assets on Aave, exposing the protocol to up to $230 million in potential losses. Assets have now begun flowing back onto the platform, and Aave’s dominant position in on-chain lending remains solid. Looking ahead, Standard Chartered forecasts that the value of tokenized assets actively used in DeFi applications will grow 37-fold by 2030. Aave—whose revenue model is directly tied to lending activity—is poised to benefit directly. Additionally, Aave’s Horizon initiative (enabling tokenized real-world asset lending in permissioned environments) and the potential relaunch of its token buyback program are viewed as key catalysts.