Ethlabs was created by the Taifung Foundation researcher prior to the morning paper; the Economic Commission of the European Union Parliament adopted the proposed regulation of the digital euro
Photo by ChainCatcher
What's important about the past 24 hours
ChainCatcher reports that the United States Senate passed a housing bill with 85 votes to 5, which contains a four-year federal central bank digital currency ban. The ban will continue until the end of 2030, when the Federal Reserve system or its banks are prohibited from issuing or creating central bank digital currency or any digital asset similar to that in substance. Although the Fed has not actively promoted the CBDC project, Republican parliamentarians see the CBDC as a dangerous act that the Government over-regulated, insisting on its inclusion in the housing bill. The new Federal Reserve Chairman, Kevin Warsh, called CBDC “a bad policy choice” at the nomination hearing. Trump signed an executive order in January 2025 prohibiting any move to advance CBDC. If passed by the House of Representatives and signed by the President, the ban will become law。
ChainCatcher, according to GlobeNewswire, the former Ethlabs, an independent not-for-profit organization, was founded by researchers from the ETA Foundation, with the support of ecological participants such as Bitmine, SharpLink, Joe Lubin, the co-founder of the ETA, and Angelage, Octant, and SNZ, to prepare for the next phase of the OTA. The five co-founders, Ansgar Dietrichs, Barnabé Monnot, Gaspar Schwarz-Schilling, Josh Rudolf and Julian Ma, have led the major upgrading of the network over the past decade. Early work on Ethlabs will revolve around the need for large-scale institutional uplinks: faster settlement speed, original distribution and cross-chain transactions based on strong infrastructure, main network capacity and research to lay the foundation for ETH monetary attributes。
ChainCatcher reports that a16z-supported decentrized credit agreement Goldfinch announced a gradual closure. Last Friday, the pseudonym investor Edward Morra publicly accused the agreement of mismanagement, resulting in over $50 million in loss of user funds, alleging that the borrower’s default and the failure of loan restructuring made it almost impossible for the depositor to recover the funds. Just the day after the post was issued, the project was announced to be in phase-out。
The original currency of the agreement, GFI, fell from a peak of 32.94 in January 2022 to below 0.07 dollars, a decline of 99.8 per cent, and the market value fell from over $390 million to less than $6 million. Goldfinch was founded in 2021 by former Coinbase employees to connect encrypted capital to credit companies neglected by traditional banks, a16z took over $25 million in January 2022. The problem began to emerge in the months following the financing: Kenya Motorcycle Finance Corporation Tugende Kenya defaulted, two bottom positions out of $2 billion loan from the United States Credit Fund Stratos were almost zero, and Singapore borrower Lend East was able to repay only 58 per cent of the principal. As the loan portfolio deteriorated, the agreement shifted to an institutional credit fund, but eventually the situation became irreversible。
ChainCatcher NewsPolymarket has become the exclusive forecast market partner in the United States of America. Polymarket states that the official incident contract for Dejie and his club is now on the line alone。
ChainCatcher reported that the HKSRC announced that Aurum/Aurum Foundation had been included in the platform for suspicious virtual asset trading. The BOI stated that the company claimed to be registered in Hong Kong under the Companies Ordinance and provided virtual assets, futures contracts and derivatives trading services on the relevant website, but that it had not been licensed by the BOI and was suspected of engaging in unlicensed activities。
ChainCatcher, according to the latest industry reports and corporate disclosure documents, in 2026 the science and technology industry was experiencing a massive loss of staff driven by AI. Despite the new growth in many enterprises, the technology giants are undergoing intensive restructuring to reallocate funds to AI infrastructure and to use AI to improve operational efficiency. According to the data, the number of layoffs in the technology industry in May this year has been at its highest level in a few months, and AI is at the heart of the layoffs。
At the specific level of implementation, a large number of head-based enterprises have experienced massive downsizing. The latest Oracle document reveals that the internal AI technology deployment has been reduced to 21,000 people over the past 12 months (approximately 13 per cent of the total staff). Amazon has cut 16,000 business jobs in January of this year, and management expects that the widespread application of the Generation AI will significantly reduce the demand for traditional jobs。MetaIN PARALLEL WITH THE REDUCTION OF APPROXIMATELY 80000 STAFF, NEARLY 700 WERE REORGANIZED TO CORE AI BUSINESS POSITIONS。BlockTHE TOTAL NUMBER OF EMPLOYEES WAS NEARLY HALVED TO FIT THE FLAT OPERATING MODEL OF THE AI TOOL。
In addition, includingCisco(4,000 people)Intuit(3,000 people)Atlas sian(1600 persons)Cloudflare(1,100)Snap(1,000 persons) andCoinbaseI don't knowSalesforceTHIS YEAR, COMPANIES ANNOUNCED SUBSTANTIAL LAY-OFFS RELATED TO THE AI TRANSITION. IN THE MEANTIMEGoogleI don't knowMicrosoftandIBMWHILE THE TOTAL NUMBER OF SPECIFIC STAFF REDUCTIONS IS NOT PUBLISHED, THE ROLLING REPLACEMENT AND REORGANIZATION OF POSTS TIED TO THE AI STRATEGY CONTINUES。
ChainCatcher, a16z crypto Paul Cafiero, writes that the technology and encryption industry is entering the “Show Me” era, and that past models of market recognition based on vision, white papers, Token and team background are failing. With regulatory challenges, industry bad actor events, large-scale entry of traditional financial institutions, and the rapid landing of AI products, there has been a marked decline in the tolerance of “story” among external audiences。
In his view, the threshold for serious industrial projects had been raised when Blackrock, Fidelity, Morgan Chase and Franklin Templeton entered the areas of encryption and tokenization. The projecters now need to demonstrate real data, chain volumes, active users, revenues, retention, deployed integration and verifiable cooperation. He said that in 2021, maybe 80 per cent of the vision and 20 per cent of the facts could be used to impress the market, but that proportion has now been reversed。
ChainCatcher News, Backpack CEO Armani Ferrante, responding to the discussion on the projector's postponement of TGE, stated that if the projector simply wanted to look for exit opportunities, it would be fine to postpone TGE; but if the goal was to build and win the market in the long term, “TGE should have done yesterday”; if fear of market panic (FUD), no token should be issued at all。
Ferrante, who claims to be “a repeat criminal of bear city casting and TGE”, argues that the timing of the market is irrelevant. This statement echoes the view of @AleyProbably, who believes that the market would have been much better if all the projects that delayed TGE had been completed on time, because “the market needs liquidity, which is one of the best ways to obtain liquidity”。
ChainCatcher News, Visa released 2026 performance in the second quarter of fiscal year, with a net profit of $11.2 billion, or 17 per cent over the same period; $6.0 billion, or 32 per cent over the same period; $3.14 per share, or 36 per cent over the same period, exceeded market expectations。
In April, the Board authorized a new $20 billion multi-year stock buy-back scheme. With regard to the stabilization of currency operations, the annualization of the Visa settlement pilot has reached $7 billion, an increase of 50 per cent over the previous quarter, the re-establishment of nine block-link networks (including Polygon and Base) and the operation of more than 130 stabilization currency linkage card schemes in over 50 countries。
In March of this year, Visa, in partnership with Stripe ' s Stabilised Currency Infrastructure, Bridge, extended the Stabilized Currency Link Card to over 100 countries. In early June this year, it was reported that Visa, MasterCard and Stripe were exploring a common platform for a stable currency, and that if the three payment networks were to work together on a stable currency infrastructure, it would be possible to establish de facto standards for the circulation of digital dollars in global commerce。
ChainCatcher NewsOn June 12th, the founder of Syrnthetix, Kai Warwick, and the core contributor submitted a SIP-423 contract to freeze and discard the SUSD contract, which is the first time Syrnthetix has proposed to retire instead of repair the SUSD. SUSD currently offers about US$ 0.25, which is about 75 per cent below the target of US$ 1, and has fallen by about 61 per cent over the past 30 days。
According to the proposal, each sUSD compensates the holder at 4 SNX (at 0.25 USD) at a nominal value of US$ 1, and SNX has a one-year lock and a one-year linear attribution. The proposal also contains a conditional USDT path: if the agreement generates more than $10 million in revenue during the two-year lock-in period, 25 per cent can be allocated to USDT as a preferred cash SUD holder。
SIP-423 is also proposed to close 420 Pool under SIP-420 and eliminate the sUSD pledge ratio requirement. The proposal is currently pending, and the technical implementation programme SIP-424 has not yet been published. According to DefiLlama data, the flow of sUSD was approximately $17.5 million and that of Syrnthetix TVL was $32.5 million。
According to ChainCatcher, the Vice-President of the People ' s Bank of China stated that China ' s anti-money-laundering work had entered a new stage of high-quality development and that the results of combating money-laundering and related offences were evident. In 2025, the number of convictions for money-laundering offences under article 191 of the Criminal Code exceeded 2,000. Since 2022, the fight against professional money-laundering, virtual money-laundering and cross-border money-laundering has been intensified to improve the effectiveness of money-laundering investigations, prosecutions and sentences。
ChainCatcher, according to a survey by Wall Street Journal, Polymarket, a predictive market platform, is suspected of paying dozens of social media creators, instructing them to record false notes and high-profit videos on a virtual website that is highly similar to the official network as a means of attracting new users. It was noted that the event required creators to conceal official sponsorship and specifically target indigenous audiences in the United States。
The survey showed that marketing videos received over 140 million views on platforms such as TikTok, YouTube and Instagram, involving false bets of up to $1.9 million. In response, Polymarket did not return directly to the specific details that should have been investigated, but stated in a statement that, as part of the promotion of transparency in the industry, the Platform was conducting a comprehensive audit of active marketing content to ensure that it complied strictly with internal standards and applicable regulatory and legal disclosure requirements。
ChainCatcher News, according to the Science Genesis Daily, officially launched the latest flagship version of the Bean Pack model at the 2026 Volcanic Engine Force Congress. The Chief Executive Officer of the Volcanic Engine Tan Tan has indicated that the model has achieved breakthroughs in four dimensions: code delivery, long-range Agent missions, multi-modular understanding and firm-level stabilization, with greater engineering delivery capacity to perform complex enterprise research and development tasks. At the meeting, byte beat CEO Leung Luang also stressed that the company had increased its focus on large models and was firmly engaged in Maas (models or services)。
The report notes that the byte-paced AI strategic focus is shifting markedly to enterprise-level services. Tokens has been called at 18 trillion, with a daily average of bean bunsMore than 1,500 times more than when it was published, more than 10 times more in the past yearHowever, limited to C-end liquidity bottlenecks and high costs (with a daily average cost of tens of millions of yuan and a daily income of less than one million yuan), bytes have adjusted the allocation of resources accordingly. At the same time, the video generation model, mainly for the B end, Seedance, has validated the potential for commercialization, with current annualized income (ARRs) reaching $2 billion, largely offsetting the calculator costs of bean buns. In addition, the new version of Seedance will lead the roll-out of the 3D Diaphragm Preparatory feature within industry。
ChainCatcher News, OpenAI announced the full expansion of its network security plan Daybreak, which aims to use artificial intelligence to accelerate the detection and automatic repair of software loopholes. At the heart of this expansion is a complete version of the dedicated GPT-5/Cyber model for trusted defenders. The model was found to have achieved the highest score in many network security benchmark tests, such as CyberGym, exceeding 81.8 per cent of GPT-5 and 83.8 per cent of the competition Mythos 5, which could significantly increase the accuracy of the gap scanning and patching. At the same time, the synchronised updated Codex Security plugin has been ingrained into the developers ' workflow to support full-automatic code library scanning, threat modelling and patch generation。
In the area of ecological construction, OpenAI has launched an exclusive partnership programme to allow compliance security providers to integrate GPT-5.5 with specific competencies into their commercial products, and has joined agencies such as Trail of Bits to launch the “Patch the Planet” project to assist Python, Go and others in repairing gaps in over 30 basic open-source projects. In addition, OpenAI revealed that it is currently working in depth with many Governments and institutions, including the United States, the United Kingdom, France and Japan, to enhance the networked defence capabilities of critical global infrastructure。
ChainCatcher reports that the AI Enterprise MiniMax (0100.HK) will release its first shares on July 9, 2026. Prior to this node, two of its core strategic investors, Ali Baba and Mihau, had made clear their position that a long-term vision of the development of the General Artificial Intelligence Industry and MiniMax would sustain company growth and deepen ecological synergies in areas such as cloud computing and business services。
According to the information received, the MiniMax founding team had voluntarily set a 12-month ban on sales, so the first release did not involve the founding team and employee shareholding. According to public sources, MiniMax was listed in Hong Kong in January this year, with about 300 million users worldwide, and businesses and developers have surpassed 1 million clients. This month, the company released a new-generation flagship model M3 and officially launched the IPO mentoring process in May。
According to ChainCatcher, according to official sources, Ripple announced the initial approval of an encrypted asset service provider licence issued by the Financial Supervisory Authority of Luxembourg, paving the way for the introduction of Ripple Payments in the European Economic Area and full compliance with the MiCA standards. This initial approval will take effect once the final conditions have been met。
Together with the existing EMA license plate of Ripple, European financial institutions can access Ripple's encrypted assets and stable currency payment infrastructure through a single integration。
ChainCatcher reports that the release of the new generation of bean packs, driven by Chinese communications and byte beats, is delayed in the second quarter of the year because of the registration process. According to the source, the cell phone is to be certified by the Ministry of Industry and Communications at the same time as the large model of the Web Office, and the product is still in second filing status. If approval is successful, the new machine will be available this year from 7 to August。
With regard to the supply chain, the screen supplier for the new generation of soybean-packed mobile phones has been replaced by a deep-steed horse to the east of the country, with the batteries using the Desai batteries and the ATL electric cores, which are replaced by a communication service under the Fukui electronic flag. In addition, it was reported that the product was based mainly on the technological route of large-model deep implantation at the bottom of the operating system, but that the challenge of eco-barriers to achieve system-level cross-applications, such as Agent, was still faced with the challenge of telecommunication and the lack of access to relevant data on front-line platforms such as Ali。
ChainCatcher News, Status Network announced that it would merge Gas-free and privacy L2 technology into the Linea ecosystem as a primary distribution layer of the latter and would no longer launch an independent main network. The aim of the merger was to harmonize the technical routes and mobility of both parties to avoid ecological fragmentation, while enabling Status to focus its resources fully on its core application, Status App。
Officially, the previous pre-deposit deposits have now been closed and the assets will be fully relocated to the Linea main network. The pre-deposit users who opened withdrawals in the Linea main network will receive a total of 20 million SNTs and 20 million LINEAs on a pro rata basis, in addition to withdrawals of principal and accrued income. A detailed migration schedule and a migration guide for test network developers will be officially published next week。
ChainCatcher reported that the Economic Commission of the EU Parliament had adopted a proposal for regulation of the digital euro。
ChainCatcher, according to The Information, a draft confidential IPO registration application submitted by OpenAI shows that at the end of March 2026, OpenAI's balance sheet was characterized as “light assets”, with zero liabilities and only $46 million of capital expenditure in the first quarter. In practice, however, companies have placed large infrastructure expenditures outside the table, with future procurement commitments in the areas of chips, energy and data centres amounting to $66.5 billion. Financial data show that OpenAI had a real net loss of approximately $8.5 billion for the first quarter, at a cost of $3.5 billion。
In addition, OpenAI presents a very high profile of related party funding cycles. In one quarter, 72 per cent of its recovery costs and 45 per cent of its total expenditure went to related parties (which are expected to be mainly Microsoft) and some of the manual bills were settled directly using an equity value of $488 million. In the data centre joint venture in its consolidated statement, nearly $5 billion in book losses were accounted for by external partners. The paper also revealed that one of its main competitors, Anthropic, was also engaged in large-scale outdoor expansion, consisting of $4.5 billion in data centre service commitments and $35 billion in chip lease orders。
ChainCatcher reports that the United States Senate passed the Housing Roads in the 21st Century Bill on the night of June 22 with an overwhelming vote of 85-5. The bill has now been sent to the House of Representatives and is expected to be passed quickly and signed into law by President Trump. The Central Bank Digital Currency (CBDC) ban became an important additional clause in the bill, which would prohibit the Federal Reserve from issuing the Central Bank Digital Currency (CBDC) or any substantially similar digital assets by 2030, even indirectly through financial institutions. The bill also explicitly exempts private stabilizers (such as USDC, USDT)。
ChainCatcher, according to the Japan Economic News, the SBI Group has received approval from the Japan Financial Services Agency to issue the JPYSC, which is linked to the Japanese yen, as the first trust in Japan this week。
The Stabilisation Currency is issued by the SBI Newborn Trust Bank and is traded and developed jointly with the Singapore Finance and Technology Corporation, Startale Group. The SBI Group plans to deepen the integration of JPYSC with financial services such as flag securities, encrypted assets and banks in order to enhance user accessibility。
ChainCatcher reports that in two conceptual validations jointly completed by the ETA infrastructure team, Nethermind and the Swiss Confederation (UBS), both parties demonstrated that regulated banks and regulatory agencies can also exercise strong compliance control over publicly owned and unauthorized networks without the need to modify the ETA itself。
This time, in the Ether's Sepolia testing network, the team set up and validated a node that could impose self-defined compliance rules on foreign transactions, as well as a component that would direct approved trade packages to the builders of specific blocks, without real money transactions。
ChainCatcher NewsAccording to a blog published by the Taifung Foundation, several months of reorganization has been completed and 54 people have been laid off, approximately 20 per cent of the previous number。
This adjustment continues the strategic transformation of the “Simplified Ethereum” and the 2026 year course of development, which will reposition the Taipei Foundation as a lighter compact governance and defender rather than the main core builder。
The change builds on the 2025 PR& D (Research and Development) reorganization (reduced staff from more than 110 to less than 100), earlier lay-offs of about 19 staff, and successive departures of senior researchers。
ChainCatcher reports that, according to OKX Europe Chief Executive Officer, Erald Ghoos, about 80 per cent of the encrypted exchanges will not be able to continue to operate in the EU once the European Regulation of Encrypted Asset Markets (MiCA) is fully implemented。
As of 1 July, a platform not authorized by the MiCA will no longer provide encryption services to EU users. Twenty out of 27 EU member States have now completed the transition period, while about 60 per cent of European encryption users remain on unauthorized platforms。
As of 18 June, more than 200 encrypted asset service providers (CASPs) had been officially authorized by the MiCA, including OKX, Coinbase and Kraken, and Ripple had received preliminary approval from the Luxembourg regulatory body。
According to Ghoos, MiCA will drive a clear integration of the European encryption exchange market, with a small number of licensed and more compliant platforms leading the volume of transactions in the future。
ChainCatcher, CoinPost reports that Japan’s National Corporate Pension Fund plans to launch an investment in encrypted currency in 2026, with a share of approximately 1 per cent of the total operating asset (approximately 21.3 billion yen)。
The Fund was reported to have allocated 80 per cent of the yen, 1.5 per cent of the United States dollar and 5 per cent of other currencies during the financial year 2025. However, in fiscal year 2026, the Japanese yen allocation will be reduced to 70 per cent and 10 per cent of the developed country currency allocation will be added. The remaining 5 per cent will consist of emerging market currencies, gold and encrypted currencies。
Its main purpose was to spread currency risk, and the Executive Director of the Fund, Kiyoshi, indicated that, because of the possible weakening of the United States dollar as a base currency, they had decided not to increase their holdings in the United States dollar, but instead to use encrypted assets such as bitcoin as a hedge against currency devaluation, since bitcoin was less relevant to the dollar index。
After approximately six years of investigation, the Fund determined that the encryption market had matured as investor groups expanded. In the future, the Fund will also continue to explore the possibility of expanding investments in encrypted currency, including funds for arbitrage in multiple encrypted currencies。
ChainCatcher reports that KG Inicis announced that stabilization currency payments would be introduced into the Solana block chain and a memorandum of strategic cooperation (MOU) signed with the Solana Foundation。
KG Inicis' annual turnover is more than 25 trillion won, and this cooperation will facilitate the chaining of digital asset payments in conjunction with its existing payment infrastructure and business network. In the future, the platform will also introduce a token-based business incentive mechanism。
At present, Korea's payment giant is accelerating the exploration of the use of the stable currency in the actual payment scenario, and cooperation with Solana this time is seen as an important layout in the area of chain payments。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNBy June 24, 0900
The top five of the 24h ETH popular tokens were: ETHLABS, ASTEROID, sato, PRISM, AAVE
In the past 24h Solana the top five of the popular tokens were: theree, QUEST, world, Moonlake, CATWIF
Former 24h Base top five in order: Surplus, SOSO, ROOTAI, SHIB, RIZE
What are the good articles worth reading in the past 24 hours
The Foundation Falls, Ethlabs Forward: The Ether's biggest reorganization in history
In other words, EF is responsible for keeping the Ether Workshop “right”, and Ethlabs needs to prove that the Ether Workshop remains “effective”。
The ETA used to respond to market challenges with “permanentism,” but when Hyperliquid took derivative narratives, Solana took meme narratives, Bitcoin took asset narratives, the ETA had to prove not only that it was the safest smart contracting platform, but also that it was the best able to take on the next chain of financial expansion。
Of course, this turn is not without risk. Ethlabs, with the support of large ETH holders and institutional forces, may raise new concerns as to whether “the Ether House will go from foundation to home”. The institution's use may also have a tension with the Punk spirit of the Taifeng code。
But the greater risk for today's Ether Workshop is not to turn too fast, but to continue to remain between technological correctness and organizational delay。
Ultimately, markets will not reward only ideas, nor will they reward only decentrized postures. It rewards networks that are both credible and neutral and that continue to attract capital, applications, developers and institutions。
The establishment of the Ethlabs and the reorganization of the Foundation are key steps in this direction。
Shit, ChatGPT talks about the price of the STRC issue
So, what's wrong with this strategy? The empty Schiff, the many Myers and the top AI models point to the same decisive variable: Strategy can continue to perform dividends without selling currency。
The current ship has not stopped, but it is moving slowly: a moratorium on market prices has shrunk from billions of dollars a week earlier this year to about $100 million a week in June; the sale of 32 BTCs is more than proof that the door “sells the money” has been opened when the distribution went bad. Whether it's a Ponzi, or a one-time leverage dishwasher, depends on whether the STRC can stand back and pay interest。
THE MOST SPECIFIC OBSERVATION POINT FALLS ON JUNE 30: ON THAT DAY, THE STRC WAS CONVERTED TO A SEMI-MONTHLY RATE, BUT THE REAL POINT OF VIEW WAS THE AUTOMATIC PRICE-ADJUSTED RATE OF DIVIDENDS, WHERE THE AVERAGE MONTHLY PRICE OF LESS THAN $95 RECOMMENDED AN INCREASE THAT WOULD STOP AT MORE THAN $99. NOW IT'S TRAPPED IN 95 DOLLARS, AND IT'S ALMOST DESTINED TO INCREASE, AND THE DIVIDENDS HAVE CLIMBED FROM 9% IN AUGUST 2025 TO 11.5%。
This is at the heart of the Schiff death spiral, and the lower the price, the more the mechanism automatically puts the dividends to the top, the larger the cash bill, and ultimately more shares or more coins. Whether the mechanism is a “stabilizer” or an “accelerator”, the answer is hidden in subsequent prices and interest rates。
Interview with Strategy CEO: Drop 32 BTC sales, 6 trillion AI smarts are the end of bitcoin
Face-to-face fluctuations and beliefs: Great companies have experienced the "closing death experience"
Zack Guzman: How do you feel when you choose to “do nothing” and watch the billions of dollars accumulated on the books
Phong Le: People sometimes forget that this company, once called MicroStrategy, was created by Michael Saylor in 1989 and put on the market in 1998, when we added Bitcoin to the balance sheet in 2020. In the 31 years from 1989 to 2020, our executive chairman has had the vast experience of leading companies through countless fluctuations, which is the cornerstone of their resilience and strength. I've been CFO since 2015, I've been CEO since 2022, and I've been through 11 years. Michael had a lot of white hair, me too。
Look at the Amazon, which will not be today's Amazon without several near-death experiences and violent fluctuations; Tesla also has a “funded” tweet. The year 2022 is indeed a difficult period, but it also creates resilience for those who persist. Why am I unswerving? Because I believe in bottom logic. I believe that bitcoin can create sovereignty and freedom for the global population, that it is a better way to transfer funds through digital orbits, and that it is a more procedurally superior and scarce asset. Just like Jeff Bezos, who believes that the Amazon can make real value for hundreds of millions of consumers, if you believe in bottom logic, all other fluctuations will be solved。
