News linked to both this project and an event.
House of Doge, an organization associated with Dogecoin (DOGE), has announced a partnership with regulated stablecoin and crypto infrastructure provider Paxos to integrate Dogecoin into its enterprise-grade crypto brokerage and custody network.Paxos serves as the underlying blockchain infrastructure provider for payment platforms such as PayPal, Venmo, and Mercado Libre. These platforms leverage Paxos's capabilities to offer users crypto asset buying, selling, and custody services. This initial partnership is focused on enterprise clients, and it remains unclear whether it will expand to consumer-facing applications in the future. Marco Margiotta, CEO of House of Doge, stated that this collaboration will accelerate Dogecoin's global accessibility and provide a compliant entry path for mainstream fintech platforms.Paxos stated that the move aims to provide secure and compliant access to digital assets through its regulated infrastructure, and to support enterprise clients in expanding their crypto asset product lines. (The Block)
According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.
According to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year, as the on-chain treasury funding proposal failed to reach the required supermajority threshold of 66.67%. The revised proposal sought a grant of 7.8 million ADA—approximately $2 million—but ultimately secured only 65.21% support from DReps’ staked voting power and was therefore rejected. The summit had been scheduled to take place in Singapore on October 5–6. Separately, EMURGO’s sponsorship proposal for TOKEN2049 has been approved.
According to The Block, Base—the Ethereum Layer 2 network operated by Coinbase—has officially activated the Azul upgrade on its mainnet. This marks Base’s first independent network upgrade following its separation from the Optimism Superchain. The Azul upgrade introduces a multi-proof system that combines TEE (Trusted Execution Environment) proofs with zero-knowledge (ZK) proofs, reducing the shortest possible withdrawal finalization time to just one day. Both proof types can independently confirm proposals; in case of conflict, permissionless ZK proofs override TEE proofs—further enhancing the network’s censorship resistance. Additionally, Azul integrates Base into a single execution client, <code>base-reth-node</code>, and introduces a new consensus client, <code>base-consensus</code>, built on OP Kona. Following the upgrade, the number of empty blocks has plummeted from approximately 200 per day to roughly 2 per day, and the network has achieved a sustained peak throughput of 5,000 transactions per second.
据 The Block 报道，Gemini 推出 AI 驱动的个性化市场信息流 Command Center ，可基于用户偏好提供实时洞察、信号、摘要与预测，该服务已接入其预测市场，并由 Elon Musk 旗下 xAI 开发的大语言模型 Grok 提供支持。报道称，Gemini 正持续从现货加密货币交易扩展至衍生品、预测及其他金融服务。其一季度服务和利息收入同比增长超 120% 至 2450 万美元，占总营收近一半。
According to The Block, Grayscale stated in its updated filing that it is negotiating with Hyper Holdings Global LP to acquire 2 million HYPE tokens in exchange for selling fund shares, as seed investment for its proposed Hyperliquid staking ETF. Valued at Thursday’s price, this portion of HYPE is worth approximately $115 million.
Bit Digital announced it will provide a $100 million delayed draw term loan facility to a subsidiary of WhiteFiber, an artificial intelligence infrastructure and high-performance computing provider in which it holds a majority stake. The facility can be expanded to $150 million upon mutual agreement and is intended to support WhiteFiber's recent expansion plans in high-performance computing and artificial intelligence.Bit Digital expects that draws under this facility will be funded in whole or in part through a credit line secured by Ethereum. This arrangement allows Bit Digital to earn a financing spread on the loan assets while maintaining exposure to Ethereum.Bit Digital has fully exited its Bitcoin mining operations. The company reported total revenue of $27.9 million and a net loss of $146.7 million for the first quarter of 2026. (The Block)
According to The Block, Bit Digital announced a $100 million delayed-draw term loan to a subsidiary of WhiteFiber, its majority-owned AI infrastructure company. The facility may be expanded to $150 million upon mutual agreement between the parties, to support WhiteFiber’s recent high-performance computing and AI expansion initiatives. Bit Digital stated that the loan proceeds will be disbursed—either partially or in full—through an Ethereum-denominated secured credit facility, enabling the company to retain ETH exposure while earning a financing spread.
According to The Block, the White House Office of Information and Regulatory Affairs has received the Commodity Futures Trading Commission’s (CFTC) proposed rulemaking notice on prediction markets and is currently reviewing it. The CFTC stated it will provide further details after the interagency review process concludes. Recently, Trump publicly endorsed CFTC Chair Michael Selig’s position that prediction markets should fall under the CFTC’s exclusive jurisdiction. Over the past year, the CFTC has consistently reinforced its regulatory claims over prediction markets and has filed lawsuits against five states—Wisconsin, Illinois, Arizona, Connecticut, and New York—seeking to restrict Kalshi and Polymarket. TD Cowen believes Trump’s statement is unlikely to alter the legal dispute surrounding this matter in federal court.
the market for tokenized Pokémon Trading Card Game-related assets generated approximately $7.4 million in total revenue during the first week of May, setting a new all-time high and representing a 337% increase compared to the same period last year. Among platforms, Courtyard led with a market share of about 46%, followed by Collector Crypt and Phygitals with approximately 27% and 26%, respectively.The surge in market activity is believed to be closely tied to the upcoming 30th anniversary cycle of the Pokémon IP. Google Trends data shows that search volumes for keywords such as "Pokémon cards" and "Japanese Pokémon card" are nearing historical highs. Meanwhile, the official brand has launched a year-long global celebration and plans to release a new "30th Celebration" card series in September.Analysts point out that tokenized card trading platforms typically experience a certain lag relative to the physical market's momentum. The current growth in on-chain transactions more likely reflects a secondary amplification trend of "real-world collecting frenzy leading to digital assetization."Furthermore, some industry observers suggest that as the 30th-anniversary commemorative series approaches its launch, if demand in the physical market intensifies further, on-chain tokenized trading could usher in a new wave of accelerated growth. (The Block)
According to The Block, Circle Technology Services, a subsidiary of Circle, has announced a partnership with Nium, a global real-time cross-border payments platform. Nium has joined the Circle Payments Network (CPN), providing financial institutions within the network with access to payment infrastructure spanning over 190 countries and more than 100 currencies—enabling fund disbursement to bank accounts, digital wallets, and debit cards. Financial institutions can complete the entire process—from USDC settlement to local-currency cash-out—via a single integration, eliminating the need to pre-fund across multiple channels.
According to The Block, SoFi’s stablecoin SoFiUSD has officially launched for app users. Pegged to the U.S. dollar, SoFiUSD is initially available on the Ethereum and Solana networks, supporting buying, holding, and exchanging. SoFi stated that over the coming weeks, it plans to roll out tokenized deposits backed by FDIC insurance, cross-border transfers, and integration with the Bullish exchange for institutional clients.
According to The Block, multi-asset trading platform Liquid launched its Co-Invest application on Tuesday, enabling users to directly top up their accounts, conduct market analysis, and execute live trades within the ChatGPT and Claude chat interfaces—without leaving the AI assistant.
According to The Block, Solana’s privacy layer Umbra and token distribution platform Streamflow have launched a private token vesting feature, enabling projects to conduct token vesting and distribution on-chain in a confidential manner. The solution is powered by Arcium’s cryptographic execution engine, preserving distribution mechanisms such as time locks and price conditions while keeping the actual token transfers private. The report states that this initiative aims to reduce front-running and on-chain monitoring risks during token unlock events. Streamflow says its platform currently serves over 1.3 million users and more than 40,000 projects.
Investment bank TD Cowen stated that as the relevant political environment continues to deteriorate, the likelihood of the US crypto market structure bill, the "Clarity Act," passing this year is declining.TD Cowen analyst Jaret Seiberg pointed out that while the Senate Banking Committee advanced the bill earlier this month, this does not signify a substantive bipartisan agreement; rather, it merely pushes the controversy to the full Senate floor.The report indicated that the escalating controversies surrounding US President Donald Trump and his administration related to crypto in recent days are making it harder for Democrats to support the bill. If the bill does not include clear conflict-of-interest provisions, it will face even greater difficulty in gaining sufficient support in the current political environment.
: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.
According to The Block, Bitcoin continued trading below $78,000 on Monday, following net outflows of $1.26 billion from spot Bitcoin ETFs during the week of May 18–22—the second consecutive week of outflows exceeding $1 billion. Nevertheless, Timothy Misir, Research Head at BRN, noted that institutional demand has not vanished but is rotating: during the same period, the XRP ETF attracted $22 million in inflows, the Solana ETF drew $16 million, the newly launched Hyperliquid HYPE ETF garnered $72 million, while the Ethereum ETF saw outflows of $216 million. Ethereum also faced pressure due to the SEC’s delay of its tokenized stock trading initiative, though it posted a modest rebound on Sunday amid heightened optimism surrounding the Iran deal. On the options front, for Bitcoin expiring on May 29, the largest open interest concentrations were at the $75,000 put and $80,000 call strikes; for Ethereum, the largest open interest concentration was at the $2,100 put strike. On the macro front, U.S. and European markets were closed for public holidays, and analysts warned of low market liquidity. Should the Iran deal materialize, it could trigger a sharp drop in oil prices and push equity markets to new highs.
According to The Block, cross-chain infrastructure platform Squid has raised $6 million in strategic funding, led by North Island Ventures, with participation from Ripple, Dialectic, and Borderless. The funds will be used to launch a new consumer-facing product. Fig, co-founder of Squid, stated that the product will leverage Squid’s routing and settlement infrastructure to enhance the experience of accessing and managing crypto assets. Squid said that since its launch in 2023, the platform has processed over $6 billion in transaction volume and more than 4 million transactions across more than 100 blockchain networks, serving over 1 million users.
According to The Block, Ethereum Layer 2 project Zero Network has announced its imminent official shutdown—just about 1.5 years after launch. Launched by the Zerion team in November 2024, Zero Network positioned itself as the first EVM-compatible rollup offering fully gas-free transactions, aiming to lower barriers to entry and drive mainstream adoption. The team stated it will now focus its resources on Zerion’s API and wallet business. Users must bridge their NFTs, ETH, and other tokens out of the Zero Network by the end of July; the bridge’s deposit functionality is currently suspended.
According to The Block, Foundation, a Bitcoin hardware wallet manufacturer, has raised $6.4 million in funding. The round was led by Fulgur Ventures, with participation from Arche Capital. The company plans to accelerate its expansion from Bitcoin self-custody wallets into identity authentication, multi-factor authentication (MFA), and AI agent authorization. Following this round, Foundation’s total funding has reached $16.5 million. Meanwhile, Foundation has announced the full commercial launch of its flagship device, the Passport Prime, and opened its KeyOS platform SDK to developers. The device integrates a Bitcoin hardware wallet, FIDO security key, 2FA storage, secure vault, and 50 GB of encrypted storage.