News linked to both this project and an event.
According to PrimeMinister.kz, during his visit to Hong Kong, Kazakh Deputy Prime Minister Kanat Bozumbayev met with Chief Executive John Lee to discuss expanding trade and economic cooperation as well as collaboration in financial technology innovation. The centerpiece of the visit was the “Alatau City China Roadshow” investment roundtable, which attracted participation from numerous leading Hong Kong-based investment funds, financial institutions, and technology enterprises. During the meeting, the Alatau City Administration signed six cooperation agreements and memoranda of understanding (MOUs) with multiple international enterprises, primarily covering the following areas: • ANT Digital Technologies, a subsidiary of Ant Group: exploring participation in Alatau City’s digital infrastructure development and deployment of advanced fintech solutions; • Solana Foundation: reaching agreement on collaboration in Web3 ecosystem development, blockchain talent cultivation, and support for tech startups; • Dasco Capital and Templewater: signing an MOU to jointly establish a private equity fund focused on investments in Kazakhstan and Central Asia, with Alatau City designated as a priority investment target. Additionally, the Kazakh delegation held meetings with senior executives from major Hong Kong investment and development firms, including Henderson Land Development, Far East Consortium, Sun Hung Kai Properties, and Boshi Fund. Alatau City is a new economic growth hub launched under the directive of Kazakh President Kassym-Jomart Tokayev. It operates under a special legal framework, drawing upon Hong Kong’s successful experience in investor protection and alignment with international regulatory standards.
Odaily Zcash founder Zooko Wilcox posted on X stating that a security audit conducted by Anthropic's Claude Mythos AI model did not find any "more severe vulnerabilities" in the Zcash protocol. The audit was commissioned by Shielded Labs, a Swiss non-profit organization supporting Zcash development. On June 3, Zcash developers temporarily paused Orchard transactions after discovering a vulnerability in the shielded pool, restoring functionality through an emergency upgrade the same day. The issue stemmed from a four-year-old forging vulnerability in the Orchard shielded pool, identified by security researcher Taylor Hornby with the assistance of Anthropic's Claude Opus 4.8 model. The Zcash Foundation stated there is no evidence that the vulnerability was exploited, nor was any unauthorized value creation detected, and user privacy remained unaffected.Anthropic released the first public version of the Claude Mythos model, Fable 5, on Tuesday, and stated on Friday that it has suspended access to the Fable 5 and Mythos 5 AI models due to export control directives issued by the U.S. government citing national security concerns. (Cointelegraph)
A cryptography expert advisory committee led by Coinbase released a report stating that Bitcoin should immediately begin preparing for potential quantum computing attacks. However, the committee did not take a clear stance on whether to freeze the millions of bitcoins potentially vulnerable to quantum-computing theft in the future. The committee includes several leading experts, such as Justin Drake, a researcher at the Ethereum Foundation. They argue that the current debate is not about *how* to introduce quantum-resistant signature schemes, but rather *how to handle* bitcoins held in long-dormant addresses that fail to migrate. One camp advocates setting a final deadline after which Bitcoin’s existing ECDSA and Schnorr signature schemes would no longer be supported, and unmigrated funds would be frozen—thereby preventing future quantum attackers from seizing large amounts of BTC and destabilizing markets. The other camp contends that freezing funds would effectively amount to asset confiscation, violating Bitcoin’s core principles of immutability and full user control over assets—and could set a precedent for future regulatory-driven freezes. The Coinbase advisory committee notes that these approaches are not mutually exclusive and could be combined. Yet it declines to state a position on whether “legacy BTC” should be frozen, asserting that the ultimate decision rests with Bitcoin’s community governance. It emphasizes two key points: first, technical development of quantum-resistant signature migration must begin immediately—not wait for governance debates to conclude; second, users must receive clear, timely risk communication to prevent prolonged uncertainty from harming the Bitcoin ecosystem.
Consensys CEO Joseph Lubin stated that Ethereum is expected to develop into a fully zero-knowledge proof (ZK Proof) based protocol within the next three to five years. This will not only optimize the main chain but also enhance Ethereum’s composability with Layer 2 solutions. Lubin expressed support for the "Rollup-centric roadmap," believing that by strengthening Layer 1, introducing the "Lean Ethereum" initiative, and promoting ZK proofs, the Ethereum base layer can be significantly upgraded. Lean Ethereum aims to achieve over 10,000 transactions per second while maintaining a high degree of decentralization on the mainnet, and also supports privacy and quantum-resistant computing solutions.On the Layer 2 front, Lubin pointed out that ZK technology has already enabled real-time proof generation on some L2 networks, with plans to extend this capability to Layer 1, ultimately transitioning to a fully ZK-based base protocol supported by multiple provers. For instance, projects like Consensys’ Linea chain and Gnosis are leveraging zero-knowledge proofs to achieve cross-network synchronized transactions, which could potentially eliminate the need for bridges and unify fragmented liquidity.Lubin emphasized that the initial "differentiation phase" of the Rollup roadmap aims to provide experimental space for Layer 2 technology. Although it may disperse liquidity in the short term, it lays the foundation for Ethereum’s future infinite scalability and technological iteration. He believes that some L2 technologies will become systemically important components, and this exploration process is necessary.Additionally, Lubin addressed recent personnel changes at the Ethereum Foundation (EF) and rumors of a "second foundation," stating that no second foundation will emerge. The EF will continue to focus on core protocol development, usability and scalability, and institutional partnerships, while also supporting at least three independent teams spun off from the EF to concentrate on protocol development, user experience, and institutional outreach efforts. (The Block)
Humanity founder Terence has confirmed that a private key belonging to a member of the Humanity Foundation has been leaked. As a precautionary measure, please refrain from interacting with any cross-chain bridges or liquidity pools until safety is confirmed. The foundation is working with security experts and exchange partners to address the matter and will provide further updates.Previous report: The outflow of funds from addresses associated with the Humanity Protocol is ongoing, with losses now exceeding $31 million.
Well-known crypto bankruptcy claims investor Thomas Braziel (@Bkclaims) disclosed that original documents from the Isle of Man he obtained show that the earliest Cardano Foundation structure involved Charles Hoskinson, Jeremy Wood, Ken Kodama, and others. Subsequent documents indicate that Hoskinson served as the Foundation’s “Enforcer”—a key role responsible for ensuring the Foundation’s Board of Directors adhered to its charter. Notably, the Cardano ICO launched as early as September 2015, whereas the Swiss Cardano Foundation was not formally established until September 2016. During this interim period, the terms of service and risk disclosures consistently listed the “Foundation” as the issuer or supporting entity. Moreover, historical records from the Swiss Cardano Foundation also confirm the existence of a predecessor foundation based in the Isle of Man, which reportedly received approximately 1,090 BTC.
Odaily, Ethereum co-founder and Consensys CEO Joe Lubin stated that the recent layoffs, budget cuts, and leadership changes at the Ethereum Foundation are not a crisis, but a necessary evolution of the organization. In an interview, Lubin pointed out that the Ethereum Foundation should focus on safeguarding core protocol technology and values, while tasks such as adoption, ecosystem expansion, and institutional collaboration should be undertaken by other entities. Maintaining neutrality and credibility is crucial to avoid conflicts between commercial interests and developers. He noted a public misunderstanding of the Foundation's role: the EF's responsibility is to maintain the Ethereum protocol, not to lead commercialization or market competition strategies.Lubin also stated that the future of Ethereum will be shaped by multiple organizations working together to build the ecosystem, rather than relying on a single entity for leadership. He dismissed claims that Ethereum is on the decline, saying the network is still developing steadily, and pointed out that years of scaling efforts are laying the groundwork for the next wave of adoption, including on-chain transactions by autonomous AI agents and increased institutional usage. The Ethereum Foundation is narrowing its focus precisely to ensure the protocol can support a new generation of applications, while new organizations will take on the work of promotion and commercialization.Lubin noted that the next wave is the agent economy, where hybrid human-machine systems will use Ethereum's infrastructure for transactions. The restructuring of the Ethereum Foundation is a healthy institutional optimization that will help Ethereum maintain robust development under the premise of decentralization and prepare for future technological and business innovations. (CoinDesk)
Zcash ecosystem core contributor ZODL announced a new network upgrade proposal and privacy pool, Ironwood, in collaboration with Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs. Ironwood will be built upon the existing Orchard protocol and further enhance security through formal verification and additional independent audits.
The Zcash Foundation released Zebra versions 4.5.3 and 5.0.0 to address a critical soundness vulnerability in the Orchard zero-knowledge proof circuit. Version 4.5.3 temporarily disables Orchard operations via an emergency soft fork, while version 5.0.0 activates NU 6.2, re-enables Orchard using the patched circuit, and permanently closes the vulnerability.
Uniswap founder Hayden Adams posted that he is deeply grateful for the long-standing funding and multifaceted support provided by the Ethereum Foundation (EF), but he specifically clarified that Uniswap was not incubated by the EF; rather, he participated as an external grant recipient with close personal ties to the EF. Previously, EF Chair Aya Miyaguchi and co-founder Vitalik Buterin publicly shared their views on the EF’s future direction. Miyaguchi noted that one reason for proposing the EF’s mission framework at the end of last year was the growing deviation in technical discussions.
Odaily Telegram CEO Pavel Durov stated that the native token of The Open Network (TON) will be renamed to Gram, reverting to its original name as outlined in the project's early whitepaper. TON will remain the name of the blockchain network, while Gram will serve as the name of its native currency.Durov noted that this renaming is the fourth step in the seven-step "Make TON Great Again" plan, and the entire transition is expected to take approximately three weeks. The remaining three initiatives have yet to be disclosed.Previously announced steps include the TON network upgrade, increased transaction settlement speed, significantly reduced fees, and Telegram's plan to replace the TON Foundation as the ecosystem's primary manager and largest validator.
Odaily news: The Zcash Foundation has announced the release of Zebra 4.5.1 version update to fix a consensus-critical security vulnerability and strongly recommends that all node operators upgrade immediately. The vulnerability, identified as GHSA-2prc-cj5x-4443, involves a sigops (signature operation count) counting error in P2SH transactions, which could lead to potential consensus fork risks. This fix corrects an incomplete patch in the previously released 4.5.0 version, which was just released yesterday.The Zcash development team stated that the issue stems from discrepancies in sigop counting logic between different implementations, which could cause nodes to produce different results when verifying transactions, thereby affecting consensus consistency on the chain. The fix resolves this by reverting and adjusting the Rust implementation logic to ensure alignment with the expected protocol behavior.The Zcash Foundation emphasized that there is currently no workaround for this issue, and upgrading to 4.5.1 is the only method to ensure nodes remain on the correct chain and avoid potential fork risks.
According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.
According to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year, as the on-chain treasury funding proposal failed to reach the required supermajority threshold of 66.67%. The revised proposal sought a grant of 7.8 million ADA—approximately $2 million—but ultimately secured only 65.21% support from DReps’ staked voting power and was therefore rejected. The summit had been scheduled to take place in Singapore on October 5–6. Separately, EMURGO’s sponsorship proposal for TOKEN2049 has been approved.
: The Zcash Foundation has released version 4.5.0 of its node client, Zebra. This update includes multiple security fixes, addressing a critical consensus vulnerability and several high-severity Denial of Service (DoS) issues. All node operators are strongly urged to upgrade immediately.Key fixes in this release include a sigop counting error in P2SH script parsing (which could cause a consensus fork with zcashd), a logic flaw in NU5 block validation caching, a crash risk related to transparent address balance overflow, along with multiple crash and resource exhaustion vulnerabilities in RPC interfaces and mempool processing. The Foundation stated that some vulnerabilities could be exploited by malicious nodes, leading to node stalls, restart loops, or even permanent stoppage.Additionally, this version adds support for ZIP-213 (enabling shielded coinbase outputs to Sapling) and optimizes network performance and security boundaries. This includes limiting resource allocation during the pre-handshake phase, fixing risks related to multi-threaded queue abuse, and enhancing the misbehavior scoring mechanism.The Zcash Foundation stated that this update addresses over 80 security reports from the ZCG Vulnerability Disclosure Program (spanning April to May 2026), covering multiple layers including consensus security, memory management, RPC processing, and the P2P network attack surface. Officials emphasized that there is no alternative to this upgrade; upgrading is the only way to ensure nodes do not experience a chain split and remain secure.
According to PR Newswire, the Open Transaction Layer (OTL) officially launched on May 28 as an open industry initiative aimed at establishing a unified transaction coordination standard for on-chain finance. OTL defines shared protocols among institutions, non-custodial wallets, and AI agents for identity verification, messaging, and transaction coordination—covering the entire transaction lifecycle, including discovery, compliance, and settlement. The founding alliance comprises over 25 members, including leading financial institutions, payment service providers, and blockchain foundations such as Fireblocks, Checkout.com, Cross River Bank, MetaMask, Robinhood, Securitize, Wintermute, Solana Foundation, and Polygon. OTL’s technical specifications are built upon mature standards including W3C Decentralized Identifiers (DIDs) and ISO 20022, and adopt a modular five-layer architecture covering Identity, Session, Transport, Messaging, and Application layers. The specifications have been published under an open-source license at otl.network, and the alliance is also open to additional institutional participation.
the US Depository Trust and Clearing Corporation (DTCC) and the Stellar Development Foundation have announced a partnership to deploy DTC custody asset tokenization services on the Stellar network, with the associated assets expected to go live in the first half of 2027.DTCC received a no-action letter from the US SEC in December 2025, authorizing it to conduct real-world asset tokenization business. The two parties will focus on the on-chain conversion of highly liquid assets, including Russell 1000 constituent stocks, major index ETFs, US Treasuries, and various bonds. This collaboration leverages the Stellar network to establish a compliant on-chain channel, representing a significant step in the integration of traditional financial infrastructure with blockchain technology and will further expand the application scenarios for real-world asset tokenization.
According to Bitcoin Laws, New Hampshire’s “Blockchain Foundation” bill HB 639 advanced today, with the state House and Senate reaching agreement on a compromise version of the bill—after each chamber had previously passed different versions. As disclosed, the bill aims to protect several related “rights,” including the right to pay with cryptocurrency, run nodes, and conduct mining activities.
According to The Defiant, the Ethereum Foundation’s Kohaku Initiative has released an SDK for integrating privacy protocols into Ethereum wallets. A functional 4337 mempool relay supporting private transactions is now available in version v0.0.1-alpha.21 of the kohaku-eth/railgun integration. This SDK aims to integrate shielded-pool protocols—such as Railgun, Tornado Cash, and Privacy Pools—directly into wallet interfaces, reducing reliance on centralized relay infrastructure. Kohaku has also demonstrated a CLI-based wallet and is advancing integration with production-grade wallets like Ambire, while simultaneously developing post-quantum accounts, multisig support, and hardware wallet compatibility.
Vitalik Buterin stated that the Ethereum Foundation (EF) is not the “center of Ethereum,” but rather “a node within the ecosystem,” and is currently transitioning toward a smaller, more opinionated, and more sustainability-focused organizational structure. He explained that the Foundation will prioritize allocating its limited resources to work essential for Ethereum’s viability as a censorship-resistant, control-resistant, open, private, and secure system—work that would be unlikely to happen without the Foundation’s involvement—while also reducing ETH sales. Vitalik further noted that Ethereum should not pursue only maximum throughput and low latency, but should instead aim to be “impressive” in areas such as formal verification, chain availability consensus, and reducing reliance on intermediaries. He emphasized that the Foundation’s new structure is expected to gradually stabilize over the coming months.