News linked to both this project and an event.
According to The Defiant, ENS DAO is facing a serious governance crisis. ENS co-founder Nick Johnson holds approximately 3.26 million ENS tokens, accounting for nearly 50% of all currently delegated voting power. On June 30, he voted against the on-chain binding vote for the Security Council renewal, causing the proposal to fail with 82% opposing votes; the Security Council authorization will expire on July 24. Previously, Johnson also self-delegated a significant amount of voting power to support a proposal to transfer the DAO operating wallet, ENS token holdings, and the endowment managed by Karpatkey to the ENS Foundation's five-member board, triggering strong community skepticism regarding "governance capture." Rotki founder Lefteris Karapetsas stated plainly "DAO is dead," while Security Council member Brantly Millegan characterized the proposal as "fiscal capture by ENS Labs." In response, "The DAO" original code author Christoph Jentzsch publicly proposed directly dissolving ENS DAO, suggesting destroying the ENSv2 universal router key and distributing remaining funds to formally transform the protocol into public infrastructure. Currently, Security Council on-chain voting will close on July 5, ENS Labs COO Katherine
Odaily News: Former Ethereum Foundation researcher and Ethlabs member Ansgar Dietrichs stated on Laura Shin’s Unchained podcast that ETH, after failing to break through the $5,000 mark in five years, still lacks a clear value narrative. Ethlabs was established on June 22 by five former Ethereum Foundation researchers and is supported by Bitmine, Sharplink, and Consensys founder Joe Lubin. On-chain analytics firm Cryptoquant reports that over 32% of the total ETH supply, approximately 39.5 million ETH, is currently staked, while exchange balances continue to decline. The firm also noted that Ethereum’s daily active addresses and smart contract activity have reached record highs, yet the price of ETH has fallen more than 50% from its cycle high.
Odaily Odaily报道，日本政府宣布将提供最高1万亿日元（约合62亿美元）资金，支持包括SoftBank Group旗下企业在内的9家公司联合开发本土人工智能基础模型，以加速追赶美国与中国在AI领域的领先优势。The plan aims to help Japan establish an independent and controllable AI technology system, strengthen "technological sovereignty," and reduce reliance on overseas large models and computing ecosystems. The project will focus on basic large model research and development, with participants including SoftBank and several other technology companies, and will primarily cover core areas such as computing infrastructure, model training, and industrial applications.The Japanese government stated that this move reflects the accelerating global AI race, where countries are speeding up the construction of local AI ecosystems through national funding and industry alliances to enhance strategic competitiveness. (Nikkei)
According to official sources, the Ethereum Foundation stated that it has completed its five-year cooperation agreement with Argot Collective to support the development and maintenance of critical Ethereum infrastructure under a neutral, independent framework. Argot Collective stated that both parties have completed the final phase of the original five-year funding commitment, with approximately 4,938 staked ETH to be transferred to a multi-signature wallet and unlocked in phases on July 1, 2026, and July 1, 2027.
Ethereum non-profit research and development organization Ethlabs released an FAQ stating that current funding commitments can support the team's operations for the next 2 to 3 years, and will continue to pursue subsequent fundraising, with the community funding round still open.
Story (IP) has officially been renamed DATA Foundation today, with IP tokens converted to DATA tokens on a 1:1 basis; the number of token holders remains unchanged. Trace, the world’s first public auditing platform for AI training data, has also launched simultaneously, positioned as the “Etherscan for AI training data.” DATA surged 28% today.
blockchain IP project Story Protocol has announced its transition into the DATA Foundation, shifting its core focus from general intellectual property (IP) infrastructure to an AI training data network. This move addresses the rapidly growing demand for "licensable and traceable training data."Alongside this transition, the project launched a new product called Trace. As an on-chain AI training data registration and auditing system, Trace generates verifiable on-chain "contribution certificates" for each piece of data. These certificates record the source, licensing terms, user consent, and payment information, helping AI model trainers confirm data compliance and traceability. (The Block)
The funding channel is open to researchers, open-source maintainers, independent developers, and public-interest projects. Funding does not require equity, does not assert ownership, and imposes no restrictions on the project’s future development. Grantees retain full ownership of their work products and knowledge contributions, while receiving sustained financial support necessary to continue building openly.
Ink, an Ethereum Layer 2 network incubated by Kraken, has reached a multi-year infrastructure agreement with Optimism, upgrading to OP Enterprise Fully Managed.Under the agreement, Optimism will be responsible for running Ink's production infrastructure, while the Ink Foundation will focus on ecosystem growth and new financial products. Additionally, Ink will serve as a deep design partner for OP Enterprise, jointly advancing roadmap plans including programmable block construction, one-day Ethereum withdrawals, and sequencer-level compliance tools.Currently, applications built on the Ink network generate nearly $40 million in annual revenue. This partnership makes Ink another exchange-related blockchain network to join the fully managed layer service, following Bitpanda's Vision Chain. (The Block)
Odaily News David Hoffman, the founder of Bankless who previously liquidated all his ETH, posted on X regarding the newly established Ethlabs, stating: "The Ethereum Foundation (EF) deliberately left a power vacuum, allowing new organizational structures to step up and influence the direction of Ethereum's development.""I believe the direction Ethlabs is leading represents the brightest future for Ethereum. I am pleased to and will continue to support them on their journey ahead."Previously, David Hoffman publicly stated in late May that he had fully exited his ETH positions. Last night, several former Ethereum Foundation researchers announced the establishment of the non-profit organization Ethlabs, aiming to drive Ethereum into its next phase of growth. Bitmine, SharpLink, and Joe Lubin have all expressed their support.
Odaily Odaily: Several former Ethereum Foundation researchers have announced the establishment of the non-profit organization Ethlabs, aimed at propelling Ethereum into its next growth phase and preparing it for institutional adoption. The organization has received support from Ethereum co-founder Joe Lubin, as well as two major ETH treasury companies, Bitmine Immersion Technologies and SharpLink.Ethlabs stated that as stablecoins, tokenized real-world assets, funds, and autonomous AI business activities migrate on-chain, these demands are converging on Ethereum. Ethlabs' goal is to enhance the performance, trusted interoperability, neutrality, resilience, privacy, and security required for Ethereum to scale and absorb these demands.The organization was co-founded by five former senior researchers from the Ethereum Foundation, who were involved in driving several key upgrades for Ethereum over the past decade. The establishment of Ethlabs signifies that, in addition to the Ethereum Foundation, major ETH holders and core ecosystem contributors are forming new independent organizations to participate in shaping Ethereum's future direction.This move also occurs against the backdrop of recent criticism and personnel changes within the Ethereum Foundation. In recent times, some ETH holders and community members have criticized the foundation for failing to maintain sufficient competitiveness. Meanwhile, the departure of several senior executives and key research team members from the foundation has also raised external concerns regarding its organizational stability and strategic direction.
Ethereum co-founder, Consensys founder and CEO Joseph Lubin posted on X platform, stating that free market capitalism is the best system, but through shared protocols, the underlying economic layer has the potential to incorporate characteristics of "collective capitalism."Joseph Lubin believes that the world needs a truly trust-neutral global coordination and digital asset settlement platform, and currently only Ethereum possesses this capability, with its core advantage lying in its large-scale and rigorous decentralized design.He stated that in the future, more trust-neutral and well-funded organizations will work alongside the Ethereum Foundation to drive ecosystem development, focusing on three major areas: the Ethereum mainnet, Layer 2 networks, and private Ethereum networks. These networks will eventually become comparable in real-time, and ETH will flow freely throughout the expanded Ethereum ecosystem.
: The Algorand Foundation has released a quantum-resistant upgrade roadmap, planning to initiate a series of protocol upgrades in 2026 and achieve the network's overall "quantum security" capability by the end of 2027 to 2028, in response to the potential threat that future quantum computing poses to existing cryptographic systems. The roadmap shows that the first phase will introduce a post-quantum account system, multi-signature wallets, and staking support, followed by a gradual upgrade of core protocol components to achieve a comprehensive cryptographic migration from the wallet layer to the infrastructure. It is reported that multiple public blockchain ecosystems, including the Ethereum Foundation and Solana, have also initiated similar research into post-quantum cryptography and migration planning. (CoinDesk)
The Algorand Foundation has officially released its post-quantum upgrade roadmap, planning to initiate a series of protocol modifications in 2026 and achieve full “quantum-resilient” capability across the network by the end of 2027 through 2028—addressing potential future threats posed by quantum computing to existing cryptographic systems. According to the roadmap, Phase I will introduce a post-quantum account system, multi-signature wallets, and staking support; subsequent phases will progressively upgrade core protocol components, enabling comprehensive cryptographic migration—from wallet layers to infrastructure. It is reported that several other public-chain ecosystems—including the Ethereum Foundation and Solana—have also launched similar research and migration initiatives for post-quantum cryptography.
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
according to Aztec Labs monitoring, the team is investigating a potential vulnerability affecting an Aztec payments product that was discontinued in 2021. Approximately $2 million was transferred from an immutable smart contract. This discontinued product is an immutable Stage 2 Rollup version that was deactivated in 2022. Aztec Labs does not hold the admin keys or any control over the system, and thus cannot pause or upgrade it. This incident is separate from the attack on the Aztec Connect product on June 14. The Aztec Foundation stated that the product affected by this attack is not associated with any smart contracts of the current network or the AZTEC ERC20 token.
According to CoinDesk, Ethereum core developers have entered the final development phase of the Glamsterdam upgrade and are currently running development networks (devnets) that incorporate all planned Ethereum Improvement Proposals (EIPs); once complete, the upgrade will advance to public testnets. Parithosh Jayanthi, a core developer at the Ethereum Foundation, stated that Glamsterdam “could be the largest fork upgrade since the Merge,” fundamentally altering many foundational assumptions of Ethereum and laying the groundwork for large-scale future scaling. It is expected to go live in the second half of 2026, though the exact date remains undetermined. Key components of this upgrade include: First, embedded Proposer-Builder Separation (ePBS, EIP-7732), which moves off-chain block building and proposing processes on-chain to reduce MEV-related manipulation risks and centralization concerns; Second, block-level access lists (EIP-7928), enabling blocks to pre-declare accounts and smart contract data they need to access, thereby improving block execution efficiency and predictability; Third, broad gas fee repricing—costs for high-compute operations will decrease while state storage costs will increase—to more accurately reflect resource consumption and ensure compatibility with zero-knowledge proof-based scaling solutions. Currently, the development team is focused on testing, finalizing specifications, and community communication.
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.