News linked to this event type.
Odaily News: Sonic detailed its technical path for the "post-quantum era," pointing out that most current PoS public chains rely on elliptic curve signatures (such as ECDSA, Ed25519), which face the risk of being cracked once quantum computing (e.g., Shor's algorithm) matures.Sonic stated that the industry is exploring quantum-resistant cryptographic solutions (such as hash-based XMSS, SPHINCS+, and lattice-based Dilithium, Falcon). However, mainstream consensus mechanisms generally rely on BLS aggregate signatures and threshold signatures, and migrating to a quantum-resistant system will face challenges in performance, bandwidth, and architectural restructuring.In contrast, Sonic's SonicCS consensus protocol does not rely on aggregate signatures or global randomness. It uses single-node signatures and hash functions to construct a DAG structure. Therefore, when switching to quantum-resistant cryptography, only the signature algorithm needs to be replaced to complete the upgrade, without adjusting the consensus logic or network structure.Sonic emphasized that this design will significantly reduce the complexity of future migration to quantum-resistant security, giving the network stronger adaptability when quantum computing threats emerge.
Bitget today announced the official launch of its “Ulysses Program” for institutional clients, aiming to provide institutions with a unified trading environment and efficient capital deployment solutions powered by the UEX architecture. The program begins global recruitment immediately, seeking 50 institutional participants. Selected institutions will gain full access to PRO-tier exclusive privileges, connect to the low-latency LOLA trading channel, and activate the cross-asset margin system. As a core support benefit, Bitget will offer eligible institutions an interest-free loan facility of up to $3 million for two months, helping them scale trading volumes and improve capital turnover efficiency. Applications for this recruitment round close on June 30. Gracy, CEO of Bitget, stated that the program integrates trade execution, liquidity management, and risk control within the UEX framework, providing professional capital with a clearer, more structured pathway to market participation.
Odaily News: Coinbase has announced that it will list CHIP (CHIP) and Opengradient (OPG). Users can now generate deposit addresses for CHIP and OPG on the coinbase.com website, the Coinbase App, and the Coinbase Exchange (in regions where trading is supported). The deposit functionality for CHIP and OPG will become available once the issuers enable transfer capabilities.
According to an official Dune disclosure, following the KelpDAO hack, Dune conducted a security configuration analysis of LayerZero’s DVN (Decentralized Verification Network) for nearly 90 days of active OApps. The data shows that among approximately 2,665 distinct OApp contracts, 47% adopted the 1-of-1 DVN security threshold—the lowest level—45% adopted 2-of-2, and roughly 5% adopted 3-of-3 or higher configurations; KelpDAO’s rsETH resides at the 1-of-1 tier, the minimum security level.
According to the official announcement, Layer 1 public blockchain Pharos has unveiled the tokenomics for its native token PROS, with a total supply of 1 billion tokens. The initial supply allocation is as follows: Foundation Treasury (16%), Lab Co. Treasury (9%), Team (20%), Investors (20%), Ecosystem & Community (21%—including 6% for community airdrops: 1% unlocked at TGE and 5% reserved for future community growth and airdrop incentives), and Node & Liquidity Incentives (14%). Core team members and private-sale investors are subject to a 12-month lock-up period followed by a 36-month linear vesting schedule. Certain treasury and incentive allocations extend vesting periods to 48–60 months. PROS serves multiple functions: transaction fees, PoS staking, validator participation, governance, ecosystem incentives, and potential RWA-specific use cases. The staking issuance policy adopts a phased approach: zero inflation during the first six months following mainnet launch; starting in Month 7, annual inflation is set at 5%, subject to dynamic adjustment by the Foundation based on network operational conditions.
Odaily Seer Channel monitoring shows that the probability for Polymarket's "Strait of Hormuz Returns to Normal by May 31" has risen to 68%, up 9% in 24 hours.The contract rules for this event are: If the International Monetary Fund's Portwatch publishes data showing that the 7-day moving average of daily vessel arrivals ("Vessel Arrivals") transiting the Strait of Hormuz is equal to or greater than 60 on any date between the market creation date and May 31, 2026, the market will resolve to "Yes". Otherwise, the market will resolve to "No". Daily vessel arrivals include container ships, bulk carriers, roll-on/roll-off ships, general cargo ships, and tankers. Vessels not reported by IMF Portwatch will not be considered.It is reported that US Vice President Vance will travel to Pakistan on Tuesday for talks with Iran. US President Trump stated in a recent phone interview that Iran "will negotiate" and expressed confidence in the potential talks to be held in Pakistan. Trump said they will negotiate, and if they don't, they will face unprecedented problems. He also expressed hope that both sides could reach a "fair deal" and emphasized that Iran will not possess nuclear weapons. He defended potential military action against Iran, saying there was no other choice, and stated that the final cleanup work would be completed.Odaily Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.
Vercel has released an analysis of a security incident, stating that certain internal systems were accessed without authorization. The breach originated from a third-party AI tool, Context.ai, used by an employee, which was compromised. Attackers leveraged this to take over the employee’s Google Workspace account and access some environment configuration data. Preliminary impact assessment indicates that a small number of customers’ environment variables—unmarked as “sensitive” (e.g., API keys, tokens)—may have been exposed. Affected users have been notified and advised to immediately rotate their credentials. At present, there is no evidence that data explicitly marked as “sensitive” or the supply chain (e.g., npm packages) has been tampered with. Vercel notes that the attackers demonstrated a high level of technical sophistication. The company is collaborating with Mandiant and multiple security organizations to investigate the incident and has filed a report with law enforcement. Vercel also confirms that its platform services remain fully operational. Users are advised to enable multi-factor authentication, comprehensively rotate potentially exposed environment variables, and review account activity logs and deployment records to mitigate further risk.
Odaily News According to a message released by Mohammad Bagher Ghalibaf, Speaker of the Islamic Consultative Assembly of Iran, in the early hours of the 21st local time, U.S. President Trump, through imposing blockades and violating the ceasefire agreement, is attempting to turn the negotiation table into a surrender table for Iran, or to find an excuse to reignite war. Currently, the U.S. side frequently releases news about sending a delegation to participate in negotiations, while Iran has expressed refusal to negotiate. Analysis points out that behind Iran's related statements lie multiple considerations and concerns:First, Iran questions the lack of sincerity from the U.S. in negotiations. Iran once announced a conditional temporary opening of the Strait of Hormuz, but this move did not lead to the U.S. lifting the blockade on Iranian ports.Second, it is a negotiation tactic. "Refusing to negotiate" itself is often an important bargaining chip outside the negotiation table. If Iran shows an "eagerness to negotiate," the U.S. is likely to exert further pressure. In the absence of basic trust, both sides will engage in a series of maneuvers before negotiations to probe each other's bottom lines.Third, there are hardline voices and anti-American sentiment within Iran. Hardliners believe that expressing a willingness to return to the negotiation table too early under continued U.S. pressure is a sign of compromise and concession.Currently, the U.S. and Iran have disagreements on multiple issues including the nuclear issue, passage through the Strait of Hormuz, and sanctions against Iran. There is a severe lack of mutual trust, and the goals each side hopes to achieve through negotiations also differ significantly. Analysis points out that the current situation may develop in the following directions:First, both sides return to the negotiation table within the ceasefire period, or reach a consensus to extend the ceasefire and continue negotiations. However, the possibility of reaching a comprehensive, long-term agreement in the short term is low, and negotiations could break down again at any time due to hardline statements or actions from either side.Second, both sides fall into a "limited-scale conflict." After the ceasefire expires, military standoffs and harassment between the U.S. and Iran around the Strait of Hormuz will continue, and hostilities may reignite.Third, the conflict escalates on a large scale, leading to an uncontrollable situation. The U.S. has recently continued to issue military threats against Iran, but analysis from the U.S. side suggests that, constrained by factors such as rising war costs and increasing electoral political pressure, the Trump administration's decision-making space for a large-scale escalation of hostilities is relatively limited. (CCTV)
Odaily News Grayscale has updated its ETF application document linked to Hyperliquid, changing the custodian to Anchorage Digital Bank, replacing Coinbase which previously served as the prime broker and custodian.This adjustment has garnered significant attention, as Coinbase has long dominated the crypto ETF custody space. Currently, almost all U.S. spot Bitcoin ETFs (except Fidelity's) rely on its custody services.The filing shows that The Bank of New York Mellon will continue to serve as the transfer agent for this ETF (proposed ticker GHYP). The fund's staking functionality still requires regulatory approval and will utilize CoinDesk's Hyperliquid benchmark pricing data.Furthermore, Anchorage Digital Bank, as the first federally chartered crypto bank in the U.S., has been continuously expanding its institutional service capabilities in recent years, including areas such as stablecoins, wealth management, and token lifecycle management. (The Block)
Odaily News: Hong Kong-based crypto payment company RedotPay announced the addition of support for SUI and USDC-Sui within its application. Users can now spend and transfer funds in over 100 countries globally using its card and payment services. This integration, built on the Sui network developed by Mysten Labs, enables support for native USDC, marking an expansion from cross-chain assets to native assets.RedotPay stated that it currently has over 7 million users, with an annualized payment volume exceeding $10 billion. (TechinAsia)
Aave risk service provider LlamaRisk has released an incident report: On April 18, 2026, the attacker exploited a vulnerability in Kelp’s LayerZero V2 Unichain-to-Ethereum rsETH routing (a 1-of-1 DVN configuration flaw), forged inbound packets, and illicitly released 116,500 rsETH from the Ethereum-side adapter. Of these, 89,567 rsETH were deposited as collateral into multiple Aave V3 markets—including Ethereum Core and Arbitrum—enabling the borrowing of approximately 82,650 WETH (valued at ~$191 million) and 821 wstETH. Currently, only 40,373 rsETH remain in the adapter, while the total claimable rsETH on the remote chain stands at 152,577—creating a substantial shortfall. Depending on the loss allocation methodology, Aave faces two potential bad-debt scenarios: - Scenario 1 (global pro-rata allocation): Estimated bad debt of ~$123.7 million, with Ethereum Core bearing the greatest pressure; - Scenario 2 (loss confined to L2s): Estimated bad debt of ~$230.1 million, with Mantle facing a WETH reserve shortfall of up to 71.45% and Arbitrum facing a 26.67% shortfall. Following the incident, Aave Protocol Guardians and Risk Administrators immediately froze rsETH/wrsETH reserves across all 11 affected markets.
Odaily News Kelp DAO officially posted on X regarding the follow-up on the theft incident, stating that the cause was the compromise of two RPC nodes hosted by LayerZero, while the third RPC node suffered a DDoS attack. This was an attack targeting LayerZero's infrastructure; Kelp's own systems were not involved in the construction or operation of this infrastructure.The 1/1 DVN configuration is the scheme documented in LayerZero's documentation and is the default setting for all new OFT deployments. Kelp has been operating on LayerZero's infrastructure since January 2024 and has maintained open communication with the LayerZero team. During Kelp's expansion to Layer2, the DVN configuration was discussed, and the default configuration was explicitly confirmed as appropriate at that time.Kelp's current top priority is to protect user interests and prevent risks from spreading within the DeFi ecosystem. The team is collaborating with various parties in the ecosystem to analyze the impact, seek support, and explore all possible mitigation solutions.
According to Nikkei Asia, Amazon announced it will invest up to $25 billion more in Anthropic, the parent company of Claude, with $5 billion available immediately and the remaining $20 billion disbursed in tranches contingent upon achieving commercial milestones. Amazon has previously invested a total of $8 billion in Anthropic; following this round, its total investment will reach $33 billion. In exchange, Anthropic has committed to spending over $10 billion on Amazon Web Services (AWS) over the next decade and plans to deploy approximately 1 gigawatt of computing capacity by year-end using Trainium2 and Trainium3 chips; its long-term goal is 5 gigawatts. Following the announcement, Amazon’s after-hours stock price rose approximately 2.7%. Notably, earlier this year Amazon announced it would invest up to $50 billion in OpenAI, underscoring its strategy of simultaneously backing multiple leading AI companies to reinforce its leadership position in cloud infrastructure.
Coinbase announced that it will list CHIP and Opengradient for trading. Users can now generate deposit addresses, but deposits and trading will only be possible after the projects enable transfers.
According to The Block, Grayscale has filed a revised Hyperliquid ETF application with the U.S. Securities and Exchange Commission (SEC), naming Anchorage Digital Bank as the fund’s custodian in place of Coinbase. Anchorage is the first crypto-native bank to receive a federal banking charter in the U.S. and has recently expanded rapidly into stablecoin services, wealth management, and token lifecycle management—becoming the first institution in the U.S. to support TRON. If approved, the ETF will trade on Nasdaq under the ticker “GHYP”; staking functionality remains subject to regulatory approval.
Odaily News The x402 protocol, incubated by Coinbase, has announced the launch of a unified platform called Agent.market, positioned as an "AI Agent App Store" for centrally showcasing and integrating various tools and services built on the protocol. According to the introduction, Agent.market already covers seven major categories at launch: inference, data, media, search, social, infrastructure, and trading. It integrates service providers including OpenAI, Bloomberg, CoinGecko, LinkedIn, X, and AWS Lambda, and supports permissionless integration.Erik Reppel, Engineering Lead at Coinbase Developer Platform, stated that the platform is essentially "an app store for agents." Currently, there are approximately 69,000 active agents on the x402 network, which have cumulatively completed over 165 million transactions, with a transaction volume reaching $50 million. Most services on Agent.market adopt a pay-per-use model, with some charging an "agentic premium" for AI agents. However, costs can be reduced through subscriptions in high-frequency usage scenarios. Meanwhile, the "agent economy" based on x402 is lowering customer acquisition and integration costs for businesses, unlocking previously constrained demand due to API keys, subscriptions, and micro-payment mechanisms.The x402 protocol is named after the HTTP 402 "Payment Required" status code, enabling websites, APIs, and AI agents to conduct instant micropayments via blockchain and traditional payment channels. The protocol is governed as an open standard by the x402 Foundation under the Linux Foundation and has received support from over 20 technology and crypto institutions including Cloudflare, Stripe, Amazon Web Services, Google, and Visa. (The Block)
Moonshot AI has released its new model, Kimi K2.6, which is now live on kimi.com in both chat and Agent modes. According to the official announcement, the model achieves top-tier performance across multiple open-source coding and tool-use benchmarks, including HLE with tools, SWE-Bench Pro, SWE-bench Multilingual, and BrowseComp. Meanwhile, Kimi K2.6 supports over 4,000 tool calls, continuous execution for more than 12 hours, and handles multi-language tasks—including Rust, Go, and Python. Its parallel Agent capability has been enhanced to support up to 300 concurrent sub-Agents and 4,000 steps per run, and is already deployed in autonomous operation scenarios such as OpenClaw and Hermes Agent.
On-chain investigator ZachXBT questioned Kraken’s due diligence process for listing $M (Memecore) spot trading on July 3, 2025, noting that approximately 7.9 million $M were withdrawn from Kraken to 18 newly created addresses; these addresses collectively now hold roughly 11.7 million $M—valued at approximately $39.8 million at current prices. He also stated that addresses suspected to belong to the Memecore team received 200 million $M during the token generation event (TGE) and transferred 5.3 million $M to Kraken’s deposit address on July 3, 2025.
According to an official announcement, the AINFT platform today announced its official integration with Trust Wallet. Through the Trust Wallet browser extension, users can now log in and connect to cutting-edge AI models with one click on both the TRON and EVM networks; mobile users can also access these services anytime via the in-app browser on EVM networks. This integration further enhances the flexibility of Web3 identity interactions with AI services, making decentralized intelligent creation truly accessible. New users receive a welcome bonus of 10,000 points upon login.
According to CoinDesk, Coinbase is exploring collaboration with Bybit on tokenization, custody, and global distribution of assets such as U.S.-listed equities and pre-IPO shares. Sources familiar with the matter said negotiations are ongoing and do not involve equity acquisition or similar transactions by Bybit aimed at entering the U.S. market. Separately, reports indicate that Bybit’s plan to enter the U.S. market will be advanced through a new entity led by former Co-CEO Helen Liu, which will bring in an undisclosed local partner to provide licensing and compliance support, while Bybit will supply technology, products, and liquidity.