News linked to both this project and an event.
Syscoin released a preliminary post-mortem of the cross-chain bridge incident, stating that due to a verification issue in the bridging process, the attacker exploited an abnormal transaction proof validation to generate approximately 5 billion SYS tokens abnormally on the UTXO side via the affected bridging path.
According to an official announcement, Bybit today officially launched its on-chain U.S. IPO subscription product, Bybit IPO Express, in collaboration with xStocks to offer tokenized IPO subscription services for SpaceX. Bybit thus becomes one of the world’s first centralized exchanges to provide tokenized IPO subscriptions at the primary-market IPO offering-price stage, further expanding on-chain equity asset trading use cases.
: SlowMist posted on X platform, stating that its threat intelligence system has detected a new Rust supply chain malware activity named IronWorm. This malware actively attacks developer environments and the Web3/crypto ecosystem through malicious npm packages. Potential attack behaviors include credential theft, wallet seed phrase and password theft, GitHub repository tampering, malicious package publishing, CI/CD key theft, Tor-based command and control, and covert persistence via eBPF rootkits.SlowMist recommends that security teams audit repositories for backdated commits, suspicious branches, abnormal build hooks, and commits attributed to automated identities such as claude, dependabot, renovate, or github-actions; remove or deprecate affected package versions, publish clean versions, rotate all exposed keys and tokens, review GitHub Actions build artifacts, and rebuild potentially compromised developer or CI systems from clean images. This threat was discovered and analyzed by JFrogSecurity.
: According to an official announcement, on June 3, Trust Wallet announced a partnership with BNB Chain and CoinMarketCap to officially launch the "BNB Hack: AI Trading Agents" hackathon, featuring a total prize pool of $36,000. The Trust Wallet Agent Kit serves as the core on-chain execution technology stack for this event. This hackathon also marks the first time the Trust Wallet Agent Kit has been fully integrated as a core infrastructure component into a top-tier AI Agent hackathon system.The hackathon features two main tracks: "Autonomous Trading Agents" (prize pool $24,000, 5 winners) and "Strategy Skills" (prize pool $6,000, 3 winners), in addition to three partner special awards of $2,000 each. In the "Autonomous Trading Agents" track, participants must leverage the Trust Wallet Agent Kit to achieve local self-custodial signing, autonomous mode operation, and on-chain trade execution, deployed within native BNB Chain scenarios such as PancakeSwap and BSC Perpetual Contracts. The "Strategy Skills" track does not require an execution layer; participants build backtestable strategy proposals based on 12 categories of data tools from CoinMarketCap MCP, including market data, technical indicators, on-chain data, sentiment, and news.Track one uses real PnL as the core evaluation criterion, setting a maximum drawdown limit as the risk control threshold. Track two is comprehensively scored by a judging panel across four dimensions: technical execution, originality, real-world value, and presentation. The build window runs from June 3 to June 21, the trading window from June 22 to June 28, and winners will be announced during the week of July 6. In addition to cash prizes, winning teams will receive CoinMarketCap Pro API subscription credits, mentorship from CMC Labs, and the BNB Chain Kickstart ecosystem support package.
BNB Chain announced on X platform that it has launched the BNB Hack: AI Trading Agent Season. The event is built on the BNB Chain, CoinMarketCap, and TrustWallet tech stack, supporting AI in automatically formulating strategies and executing trades. The competition features 2 tracks, running from June 3rd to 21st, with a total prize pool of $36,000. Additional API credits, one-on-one mentorship from experts, and ecological resource support will also be provided.
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
According to The Block, Coinbase Ventures announced its investment in Ethena by purchasing ENA tokens on the public market. The two parties also announced a strategic partnership to jointly expand onchain financial and savings products. According to Guy Young, Ethena’s founder, the integration will go live next week, marking the first time Ethena’s products will be made available to Coinbase’s over 100 million users. Additionally, the collaboration involves Circle’s USDC stablecoin, though specific details of this cooperation have not yet been disclosed.
"New Stock God" Serenity stated that he had not anticipated Alphabet, Google's parent company, would need to seek financing to support its $80 billion AI capital expenditure plan, adding that the funds will be used for the AI infrastructure construction of hyperscale cloud service providers.According to his introduction, this financing includes a $40 billion ATM equity offering program, $30 billion in stock and related securities issuance, and a $10 billion investment from Berkshire Hathaway.Serenity believes that Alphabet's expansion of AI capital expenditures could benefit upstream supply chain companies such as Lumentum (LITE), Broadcom (AVGO), MediaTek, TSMC (TSM), and Micron (MU). However, he also noted that for Google shareholders, such a massive capital expenditure plan is not entirely supported by free cash flow, meaning its impact may not be entirely positive.
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.
Binance has opened access to over 7,000 US stocks and ETFs for non-US users, supporting fractional shares with zero commission and a minimum investment of $5. Users can purchase these assets using cryptocurrencies such as USDC, USDT, and BNB. The trading is executed by brokerage Nest Trading, while custody, brokerage, and dividend distribution are managed by the New York-based company Alpaca.Binance also plans to launch "bStocks" based on the BNB Chain, allowing users to convert their held stocks into tokenized assets that can circulate on-chain. These assets can be used for instant settlement and potential DeFi scenarios (such as lending and liquidity provision), further bridging traditional equity and on-chain assets. (Fortune)
According to CoinDesk, Citigroup released the report “Tokenization 2030: Wall Street On-Chain,” forecasting that the global market size for tokenized real-world assets (RWAs) will grow from $17 billion today to $5.5 trillion by 2030 (reaching $8.2 trillion under an optimistic scenario). The report notes that the Depository Trust & Clearing Corporation (DTCC) plans to launch a pilot program for tokenized securities trading in July this year; Nasdaq is advancing its blockchain-based framework for stock issuance; and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is also making related moves. The entry of these three traditional market infrastructures marks an industry inflection point.
DxSale.Network posted on X platform in response to a recent security incident, disclosing that the vulnerability originated from the newly launched atomic transaction feature on BNB Smart Chain (BSC), which affected the v1 lockup contract launched in 2021. The team has identified the source of the issue and stated that lockup contracts for v2 and above are completely secure and have been audited by Certik. Users can rest assured that assets locked in v2 and above are unaffected.
U.S. SEC Chairman Paul S. Atkins stated at the 2026 Reagan National Economic Forum that the U.S. Securities and Exchange Commission is advancing a "New Era SEC" regulatory reform, focusing on modernizing digital asset regulation, promoting on-chain capital market development, and supporting the U.S. in becoming a "global crypto hub."Paul Atkins criticized the SEC's previous "regulatory hostility" towards the digital asset industry, alleging that much crypto innovation was forced to relocate overseas. He stated that with the support of the Trump administration, the SEC has launched "Project Crypto" and is collaborating with the Commodity Futures Trading Commission to promote on-chain market infrastructure and harmonize crypto regulation. The SEC has recently clarified which digital assets are securities and which are not, and is advancing an innovative exemption mechanism for "tokenized listed securities," while studying how on-chain trading systems can fit within existing regulatory frameworks.Additionally, Paul Atkins emphasized that the SEC will reduce "over-disclosure" and regulatory burdens, promote "Make IPOs Great Again" reforms, including lowering compliance costs for listed companies, increasing IPO flexibility, and formally proposing to repeal the climate disclosure rules introduced under the previous administration. The future of U.S. capital markets should be built on a "free market and innovation-driven" foundation, where the regulator's role is to provide clear rules and legal certainty, not to suppress technological development.
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.
: Multiple institutions including Robinhood, MetaMask, and eToro, along with Fireblocks, Checkout.com, Cross River Bank, Securitize, Wintermute, and others, jointly announced their participation in the "Open Transaction Layer (OTL)" initiative, aimed at establishing a unified transaction coordination protocol layer for on-chain finance.OTL is positioned as an open protocol stack for coordinating identity verification, compliance validation, transaction messaging, and execution processes among wallets, institutions, and AI agents, addressing the integration fragmentation problem currently plaguing cross-institutional interactions in on-chain finance, where entities operate in silos.The current coalition members include payment companies, trading platforms, wallets, market makers, and custody and stablecoin infrastructure providers, including Robinhood, MetaMask, eToro, MoonPay, SoFi, Wintermute, among others, as well as foundations from multiple public chains such as TON, Solana, Stellar, and Polygon. (Financefeeds)
according to official announcements, Binance HODLer Airdrop has launched its 65th project, Genius Terminal (GENIUS), an AI machine intelligence network and open infrastructure layer. Users who subscribe BNB to SimpleEarn (Flexible and/or Locked) and/or On-Chain Yield products between 2026-05-11 00:00 and 2026-05-13 23:59 (UTC) will receive airdrop allocations. The airdrop is expected to be distributed to eligible users' spot wallets within 5 hours after the announcement. Binance will announce the specific listing time and trading pairs for GENIUS at a later date. Airdrop Details: Token Name: Genius Terminal (GENIUS); Genesis Total Supply: 1,000,000,000 GENIUS; Maximum Supply: 1,000,000,000 GENIUS; Total HODLer Airdrop Rewards: 10,000,000 GENIUS; Circulating Supply at Listing: 335,377,059 GENIUS (33.54% of total supply); Smart Contract Address: 0x1F12B85aAC097E43Aa1555b2881E98a51090e9A6; BNB Holding Hard Cap: Individual user's average BNB holdings shall not exceed 4% of the total average holdings (excess will be calculated as 4%).
TownSquare, an infrastructure provider for institutional yields and cross-chain lending brokerage services, has partnered with Native, a non-custodial automated trading infrastructure, to launch a $10 million yield-generating vault on the Monad L1. This vault will support assets including USD1, USDC, cbBTC, and MON, offering higher yields than conventional lending through trading-based yield generation. This marks TownSquare’s first collaboration with a trading-based yield manager. The partnership aims to bring real-world asset (RWA) and stablecoin institutional yields to a broader user base. Native is a close partner of Binance Wallet and Buidlpad, having previously launched vaults for BNB and wETH on BNB Chain and Ethereum—demonstrating its stability, scalability, and ability to generate yields for liquidity providers (LPs) managing tens of millions of dollars. This initiative also represents the first trading-yield vault on the Monad chain. Native already operates credit pools across multiple EVM chains with over $35 million in liquidity, achieving daily trading volumes of $50–100 million and cumulative trading volume exceeding $25 billion. Its Proactive Market Making (PMM) structure enables retail users to access institutional-grade trading yields. TownSquare previously launched a $100 million USD1 liquidity program and has raised over $16 million to date—including funding from this collaboration.
According to Dune data, as of May 28, the cumulative number of payment activities related to the APP protocol on X Layer has exceeded 1.73 million, with total transaction volume surpassing $6 million and over 330,000 unique addresses. Since May 22, the data has entered a phase of rapid growth.It is reported that the OKX Agent Payments Protocol (APP) has been live for one month. The protocol is primarily designed for AI Agent commercial scenarios, covering core processes such as payment method selection, signing, and settlement. OKX has also provided components like Skills, API, and SDK on X Layer to facilitate quick integration for merchants and developers. Several merchants have already completed integration.
According to official announcements, edgeX V2 has officially launched. This V2 version is a comprehensive re-architecture built on EDGE Chain, delivering systematic upgrades in security, performance, transparency, and scalability. At the product level, edgeX V2 now supports 7×24 trading across multiple derivatives categories, including U.S. equities, Korean equities, and commodities. To date, the platform has listed 40 trading pairs covering equities and commodities, and introduced advanced trading features such as isolated margin mode and TWAP. Simultaneously, edgeX has launched the “Trade to Own” season. This mechanism transforms trading activity into protocol ownership, enabling genuine traders to gradually become EDGE Token Holders through trading. One hundred percent (100%) of the platform’s net profit will be allocated toward EDGE token buybacks, aligning long-term platform growth, trader权益, and Token Holder权益.
: Streamex, a tokenized commodity platform, has partnered with Orca, a Solana-based decentralized exchange, to launch a tokenized asset trading market on Solana. This market allows verified qualified investors to buy and sell Streamex's yield-bearing, gold-backed GLDY tokens through regulated on-chain trading pools. The system integrates identity and compliance checks into Streamex's KYC and qualified investor verification process, with trading access limited to approved investors. Transactions are conducted through permissioned liquidity pools on Orca. Investor wallets remain frozen until identity verification and certification are completed, and qualification data is updated on-chain in real time. Streamex and Orca stated that neither party will act as a broker or intermediary for investors reselling GLDY tokens. Orca noted that its automated market maker infrastructure has processed over $500 billion in cumulative trading volume since its launch.