Business
The registration comes on the same day that the firm closed a $250 million private round. The crash could indicate investor angst over more dilution.
Tech
Polygon will activate its biggest hard fork yet with Heimdall v2, slashing finality times and overhauling its core consensus system.
Eigen Labs cut 25% of its staff to double down on EigenCloud, its new focus for verifiable compute in the AI and blockchain space.
Regulation
A judge signaled she’ll block Tornado Cash sanctions from being used against Roman Storm at trial, though ties to North Korea will remain fair game.
Phantom wallet is rolling out built-in perp trading via Hyperliquid, offering up to 40x leverage without needing to leave the app.
One popular method of raising money for crypto treasury companies has already caused major drops for two firms. Another four could be on the way.
Ethereum
Two Ethereum genesis wallets from 2015 quietly moved nearly $3 million in ETH, breaking a decade of dormancy as whale activity picks up.
TON Foundation backtracked on its Golden Visa claims after UAE authorities denied any affiliation with its crypto-staking residency offer.
The Treasury dropped its appeal in the Tornado Cash case, ending the sanctions battle and removing the crypto mixer from the U.S. blacklist.
Solana
Gate briefly posted — then pulled — a presale page for Pump.fun’s rumored PUMP token, hinting at a July 12 launch and a $4 billion valuation.