Author: 行政
Project Pangea brings together Chainlink, banking groups and digital asset firms from Europe and South Korea to explore blockchain-based FX settlement. The initiative will test direct atomic swaps between euro- and won-backed stablecoins using existing banking infrastructure and blockchain technology. Participants are evaluating whether stablecoins can help improve efficiency in cross-border settlement within the US$9.6 trillion (AU$13.92 trillion) daily FX market. Chainlink has partnered with banking and digital asset organisations from Europe and South Korea to launch Project Pangea, a collaborative initiative examining stablecoin-based foreign exchange settlement. The project includes FairSquareLab, UniKA and Qivalis and brings together more than 50…
Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will cut its budget by roughly 40% and move to a long-term endowment model. The restructuring eliminates 54 roles, about 20% of the workforce, and reorganises remaining work into five divisions spanning protocol, access, users, community and institutional adoption. The Foundation aims to lower annual spending from about 15% of its treasury to around 5% after 2030, prioritising specialised client teams, formal verification and zero-knowledge research. Ethereum (ETH) co-founder Vitalik Buterin said the Ethereum Foundation will reduce its budget by roughly 40% and shift toward a leaner, endowment-style model, in a restructuring…
Bitcoin tested a two-week low near US$62,000 (AU$89,280) on Tuesday, down about 4%, as investors retreated from risk assets across global markets. Ether, XRP and Solana each fell at least 5%, while the Nasdaq slid and semiconductor stocks led equity losses, with Micron and SanDisk down 12% and 13%. The retreat followed a hawkish signal from new Federal Reserve Chair Kevin Warsh, whose pared-back policy statement pushed traders to price in more rate hikes. Bitcoin (BTC) tested a two-week low near US$62,000 (AU$89,280) on Tuesday, falling about 4% over the day, as a sharp selloff in technology stocks pulled risk…
Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on
Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and cheaper Ethereum transactions had weakened the case for keeping it alive.The project told users to bridge assets off Swellchain by June 23 or risk leaving funds on a chain they may not be able to recover. The warning, posted by Swell on X on June 16 and echoed on its homepage, pushed the shutdown beyond a roadmap update and into a live user-recovery problem.Swell had already announced in April that it would shut down Swellchain, its Optimism Superchain…
Hyperliquid’s biggest advantage is starting to look like its cleanest legal risk: the no-KYC access model CZ says Binance cannot copy.In a Galaxy Brains episode published June 18, Galaxy’s Alex Thorn spoke with Binance founder Changpeng Zhao about the crypto cycle, perps moving onshore, prediction markets, and Hyperliquid’s no-KYC model.Thorn’s June 16 clip made the distinction clear: CZ praised Hyperliquid’s product, said Binance cannot compete with a niche built around no KYC and claimed decentralization, and said he would not run that model given his own experience.The discussion has also evolved beyond CZ simply saying Binance cannot compete in Hyperliquid’s…
Goldfinch, a crypto lending platform that connected investor capital with real-world borrowers, is now showing what happens after the lending boom ends: the hard risk sits in collecting from borrowers once growth has slowed.The June 12 GIP-87 proposal would stop new protocol development, wind down Goldfinch Prime, keep legacy app access available, create a U.S. trust structure, and pay Warbler Labs $150,000 USDC for wind-down services.The proposal remains under governance consideration, with community discussion continuing through June 20. No formal approval or rejection has been publicly recorded at the time of writing. The broader market implication remains the same: tokenized…
Toss Bank’s Solana proof of concept would put stablecoin remittance infrastructure beside a regulated bank app used by millions of customers.In a June 22 post, Solana said South Korea’s Toss Bank is set to use the network for a global remittance and settlement PoC. Local reporting said Toss Bank signed a memorandum of understanding with the Solana Foundation to explore blockchain-based financial infrastructure.The announcement is an infrastructure test rather than a live consumer feature. The open details include launch timing, corridor, stablecoin issuer, token, custody model, and eligible users.The announcement has since drawn broader attention across the crypto industry because…
A warning by Ethereum L2 bridge Taiko has given rollup users a scenario they rarely plan for: a security incident in which the safest course of action was to withdraw funds before the bridge layer provided a full public explanation.The network said in a security notice that it had confirmed a compromise of its chain state verification mechanism.Taiko said the security assumptions for all bridges deployed on Taiko could no longer be relied upon and strongly advised users to withdraw funds from all such bridges immediately.It also asked centralized exchanges to suspend TAIKO deposits until an official notice, extending the…
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure.With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users.The package moves Solana’s pitch closer to the way large trading venues compete for serious flow: better economics, better support, and lower operating friction.The subsidy sits at the network layer. Frontier aims to make Solana itself the trading surface by tracking activity across the network and rewarding traders who drive flow through the ecosystem.Solana is trying to make the chain the venueTraditional VIP…
The United States Mint will place 250,000 limited-edition 1776 ~ 2026 Declaration of Independence quarters into circulation nationwide, giving Americans a chance to find quarters bearing a special “July 4” privy mark in everyday change. U.S. Mint images show limited-edition 1776 ~ 2026 Declaration of Independence quarters with July 4 privy marks Unlike the regular Philadelphia- and Denver-struck versions, the limited-edition quarters will carry no mint mark. They will be randomly mixed with standard Declaration of Independence quarters and distributed to banks and financial institutions ahead of Independence Day. “This is more than a coin; it’s a defining moment in…