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Pi Network Completes Protocol 24 Upgrade, Sets June 18 Deadline for Next Migration
Pi Network announced the successful completion of its Protocol 24 upgrade, describing the transition as one of the m…
a16z Expands HYPE Position as Unrealized Gains Reach $131 Million
An entity linked to venture capital firm a16z has continued accumulating HYPE, withdrawing 224,118 tokens worth appr…
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, d…
Whale Bitcoin Transfers to Binance Surge as Market Selloff Deepens
Bitcoin’s June decline has intensified, with the asset down 14% for the month as large holders increase transfers …
South Korea Opens First Probe Into Polymarket Users Over Illegal Betting
South Korean police have launched their first investigation into local users of Polymarket, the world’s largest pr…
Security researcher finds Zcash vulnerability allowing ‘unlimited’ counterfeit minting; ZEC drops 31%
The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely.
Why Ethereum Price is Down?
Ethereum’s price continued to decline even as staking demand remained strong. More than 3.1 million ETH, worth abo…
Arthur Hayes Exits Zcash After Orchard Exploit
Crypto investor Arthur Hayes said he sold his entire Zcash position following disclosure of the Orchard Pool vulnera…
Strategy’s Bitcoin Losses Surpass Bitmine’s Ethereum Drawdown
Data shared by Degen News shows that Michael Saylor’s Strategy now holds larger unrealized losses on its Bitcoin p…
Charles Hoskinson Rejects Exit Rumors as Cardano Faces Funding Challenges
Cardano co-founder Charles Hoskinson denied rumors that he is leaving the project, stating during a June 4 X Space t…
Anthropic Says Claude Now Writes Most of Its Production Code
Anthropic says Claude now generates more than 80% of the code merged into production, up from single-digit percentag…
Zcash Fixes Critical Bug That Could Have Created Unlimited Fake ZEC
Zcash founder Zooko Wilcox said a critical vulnerability in the Orchard shielded pool was discovered on May 29 and f…
AI Is Already Developing AI, Says Anthropic—And Humans May Be Slowing Things Down
Anthropic says AI now writes most of its code and runs increasingly complex research tasks, leaving people to decide …
Google DeepMind CEO Says AGI Is Coming Fast: 'We Don't Have Long to Prepare'
The Nobel Prize-winning AI researcher says humanity is standing in the "foothills of the singularity."
Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield
The allocation comes from a mix of ether.fi's liquidity provider base and managed capital from its existing liquid va…
Chainalysis says ‘top-tier’ gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist
In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.
Crypto Stocks Slide as Bitcoin Approaches Four-Month Low
Crypto-related stocks declined as Bitcoin neared its lowest level in almost four months, reflecting broader weakness…
Immunefi says DeFi is ‘getting safer’ as exploit losses fall 74% from 2022 peak amid AI-driven security arms race
DeFi exploit losses fell 74% from the 2022 peak to $680 million in 2025, according to Immunefi, amid structural secur…
Cosmos Labs acquires block explorer Mintscan, forms Korea subsidiary to expand ecosystem
Cosmos Labs has acquired Cosmos block explorer Mintscan and formed a new Korea-based subsidiary, Cosmos Labs Korea.
Coinbase and Better fund first bitcoin-backed mortgage, plan nationwide rollout soon
Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin as collateral, with a nationwide r…
‘When the market offers discounts, we lean in’: DDC Enterprise lifts bitcoin holdings to 2,804 BTC
DDC Enterprise added 90 bitcoin, raising its total holdings to 2,804 BTC and reaching 28th among public corporate hol…
Coinbase Launches Pre-IPO Perpetuals With SpaceX
Coinbase has launched Pre-IPO perpetual futures, giving eligible non-U.S. users a new way to trade private company v…
Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms
Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
Lummis Slams Dimon Over CLARITY Act Critique
Sen. Cynthia Lummis pushed back against JPMorgan CEO Jamie Dimon’s criticism of the CLARITY Act, saying his concer…
Polymarket’s UMA vote upholds ‘No’ outcome on Strategy bitcoin sale market despite backlash
The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.
Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expan…
The Best AI Models Still Encourage 'Harmful Intimacy' With Chatbots, Study Funds
A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail …
AI Lawyers Are Already Better Than Law Professors at Reasoning—Say Law Professors
Researchers found professors preferred AI-generated answers over those written by their peers, raising questions abou…
Hermes Ends AI Agent Terminal Era With Release of Official Desktop App
Until now, the only way to run Hermes was through a terminal—or one of several unofficial GUIs the community had co…