CAP Labs Launches $75M FDV Token Auction via Uniswap CCA
Cap has shared full details for its upcoming CAP token auction, structured as a Continuous Clearing Auction (CCA) via Uniswap.
In total, 5% of supply will be sold: 4.5% on Uniswap CCA and 0.5% via a separate platform, both priced at the final CCA clearing price. All participation is conducted in USDC on Ethereum mainnet.
Key parameters include a starting FDV of $75M, no lockups (100% unlocked at TGE), and early bidding reserved for whitelist only. All users are subject to regulatory checks via Predicate Identity.
Cap has shared full details for its upcoming CAP token auction, structured as a Continuous Clearing Auction (CCA) via Uniswap.
The process starts with KYC & registration (June 1–8) via Predicate Identity. It is followed by a pre-bid phase (June 8–10) for whitelisted users, then a whitelisted early bid window (June 10–11), and finally a public bid phase (June 11–17) open to all registered participants. TGE is not disclosed.
In total, 5% of supply will be sold: 4.5% on Uniswap CCA and 0.5% via a separate platform, both priced at the final CCA clearing price. All participation is conducted in USDC on Ethereum mainnet.
Key parameters include a starting FDV of $75M, no lockups (100% unlocked at TGE), and early bidding reserved for whitelist only. All users are subject to regulatory checks via Predicate Identity.
Kelp DAO Hackers Laundered Nearly All $220M in Unfrozen Funds
The actors, identified as North Korean group TraderTraitor, used multiple privacy-focused protocols and services to obscure transaction flows and reduce traceability.
Kelp has recovered about 116,000 rsETH by migrating to Chainlink CCIP and through the DeFi United initiative, while the Aave Safety Module absorbed about $190 million in bad debt.
The actors, identified as North Korean group TraderTraitor, used multiple privacy-focused protocols and services to obscure transaction flows and reduce traceability.
The funds were moved through THORChain, Wasabi Wallet, Tornado Cash, and Umbra. Only $1.7M of $220M remains in wallets directly associated with the attackers.
Kelp has recovered about 116,000 rsETH by migrating to Chainlink CCIP and through the DeFi United initiative, while the Aave Safety Module absorbed about $190 million in bad debt.
Ethena and Coinbase Partner on Onchain Finance Growth
Ethena has partnered with Coinbase to help grow onchain finance and savings products for Coinbase’s 100M+ user base, with the first initiative set to launch next week.
Alongside the partnership, Coinbase Ventures also made its first investment in Ethena through an open market purchase of ENA.
Ethena has partnered with Coinbase to help grow onchain finance and savings products for Coinbase’s 100M+ user base, with the first initiative set to launch next week.
Alongside the partnership, Coinbase Ventures also made its first investment in Ethena through an open market purchase of ENA.
Brian Armstrong's NewLimit Raises $435M in Series C Funding
NewLimit develops medicines designed to restore youthful function in old cells through epigenetic reprogramming, using AI and genomics tools to identify candidates. Its lead program targets liver health, with the therapy intended to help livers heal faster after injury and recover from dietary and alcohol-related damage.
NewLimit develops medicines designed to restore youthful function in old cells through epigenetic reprogramming, using AI and genomics tools to identify candidates. Its lead program targets liver health, with the therapy intended to help livers heal faster after injury and recover from dietary and alcohol-related damage.
The company was founded in 2021 by Brian Armstrong, former GV partner and bioengineer Blake Byers, and computational biologist Jacob Kimmel, who serves as CEO and President.
Tether and Fasset Launch First Gold-Backed Visa Card
The card integrates directly with Fasset's wallet infrastructure, with XAU₮ cashback flowing into user wallets in real time. Fasset operates in Asia and Africa as one of the largestoff-ramp providers, optimizing the USD₮-to-fiat conversion layer for speed and reliability.
The card integrates directly with Fasset's wallet infrastructure, with XAU₮ cashback flowing into user wallets in real time. Fasset operates in Asia and Africa as one of the largestoff-ramp providers, optimizing the USD₮-to-fiat conversion layer for speed and reliability.
The card lets users spend fiat anywhere Visa is accepted while earning up to 6% cashback in XAU₮, Tether's gold-backed token, on eligible transactions.
Binance plans to delist 4 crypto assets on June 19th
Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX) trading will be ceased at 3:00 UTC. Users will be able to withdraw assets till August 19th.
Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX) trading will be ceased at 3:00 UTC. Users will be able to withdraw assets till August 19th.
Prices of respective tokens were hit significantly
– Dar Open Network (D): -20.0%
– Highstreet (HIGH): -20.9%
– MOBOX (MBOX): -22.4%
– Contentos (COS): -30.1%
On-chain Prediction Markets by Revenue Generated in May
Prediction markets generated $27.4M in revenue last month, led by Polymarket International at $18.2M. The fastest-growing platform this month was Limitless, up +141% MoM, now ranking #2 across all on-chain platforms by monthly revenue generated.
Prediction markets generated $27.4M in revenue last month, led by Polymarket International at $18.2M. The fastest-growing platform this month was Limitless, up +141% MoM, now ranking #2 across all on-chain platforms by monthly revenue generated.
Worst Bitcoin (BTC) Weeks of the Decade
BTC just logged its worst week since the 2024 Yen Carry Unwind, down 12.6%, driven by a blowout jobs report, Zcash Orchard bug, and Strategy BTC sale. Painful, but every week above it on this list had a single catastrophic failure: a ban, a bankruptcy, or a blow-up.
BTC just logged its worst week since the 2024 Yen Carry Unwind, down 12.6%, driven by a blowout jobs report, Zcash Orchard bug, and Strategy BTC sale. Painful, but every week above it on this list had a single catastrophic failure: a ban, a bankruptcy, or a blow-up.
Bybit Opens Tokenized SpaceX IPO Access via xStocks
Bybit launched IPO Express: eligible users worldwide can subscribe to tokenized IPO shares at the offering price, with SpaceX as the inaugural listing. Subscriptions run June 7 to 11 in USDC, allocations are pro-rata, and spot trading opens June 12.
Bybit launched IPO Express: eligible users worldwide can subscribe to tokenized IPO shares at the offering price, with SpaceX as the inaugural listing. Subscriptions run June 7 to 11 in USDC, allocations are pro-rata, and spot trading opens June 12.
For the first time, crypto exchange users can buy shares at IPO pricing outside the competitive secondary market, without opening a traditional brokerage account.
ZODL Proposes Ironwood, an Auditable Shielded Pool for Zcash
Ironwood, developed alongside Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs, is a new Zcash shielded pool on Orchard with formal verification, audits, and a supply-auditing turnstile. The launch is scheduled for late July.
Ironwood, developed alongside Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs, is a new Zcash shielded pool on Orchard with formal verification, audits, and a supply-auditing turnstile. The launch is scheduled for late July.
The proposal follows uncovered four-year-old Orchard bug that risked counterfeit ZEC and dropped the token ~50% in 48h. Ironwood's turnstile lets anyone verify the supply.
Ethena Deepens TradFi Push With Janus Henderson Strategic Investment
Ethena has announced a strategic partnership with asset manager Janus Henderson, marking another step in the protocol’s push into traditional finance.
The firms will also work on distributing tokenized collateralized loan obligation (CLO) funds through Ethena’s infrastructure and are considering offering USDe to institutional clients via exchange-traded products.
Ethena has announced a strategic partnership with asset manager Janus Henderson, marking another step in the protocol’s push into traditional finance.
Janus Henderson, a $480 billion asset manager, has taken a position in Ethena’s governance token ENA as part of the agreement, while also exploring the use of USDe, Ethena’s yield-bearing synthetic dollar, for treasury cash management.
The firms will also work on distributing tokenized collateralized loan obligation (CLO) funds through Ethena’s infrastructure and are considering offering USDe to institutional clients via exchange-traded products.
Starknet Launches STRK20, a ZK Privacy Standard for Any ERC-20
The framework allows developers add shielded balances and private transfers to any token without standing up a separate privacy stack. Rather than routing assets through a mixer, STRK20 deposits tokens into a note-based pool, holding them as encrypted notes.
The framework allows developers add shielded balances and private transfers to any token without standing up a separate privacy stack. Rather than routing assets through a mixer, STRK20 deposits tokens into a note-based pool, holding them as encrypted notes.
Viewing keys allow selective disclosure for legally binding requests, keeping activity hidden from the public yet auditable when required. Its first live use case is strkBTC, bringing shielded balances to bitcoin on Starknet.
The World Series of Poker (WSOP) Adds Solana Payments
The WSOP will now accept Solana-based payments for tournament buy-ins in Las Vegas, marking a major step toward crypto integration in global poker events.
The feature is powered by MoonPay and allows players to enter tournaments using Solana with no processing fees, aiming to simplify payments for international participants.
At the Bahamas event, winners will also be able to receive payouts in Solana-based stablecoins, enabling faster and more flexible cross-border settlements.
The WSOP will now accept Solana-based payments for tournament buy-ins in Las Vegas, marking a major step toward crypto integration in global poker events.
The feature is powered by MoonPay and allows players to enter tournaments using Solana with no processing fees, aiming to simplify payments for international participants.
Starting this year, the system will be live at WSOP events in Las Vegas, while WSOP Paradise in the Bahamas (December) will expand the rollout further.
At the Bahamas event, winners will also be able to receive payouts in Solana-based stablecoins, enabling faster and more flexible cross-border settlements.
Tether Leads NEURA Robotics' $1.4B Series C Funding
Tether is leading one of the largest private rounds in humanoid robotics, backing a raise of up to $1.4B into NEURA Robotics alongside strategic and financial co-investors.
Beyond capital, Tether will embed its Wallet Development Kit into NEURA's robots, giving machines self-custodial wallets to transact autonomously.
Tether is leading one of the largest private rounds in humanoid robotics, backing a raise of up to $1.4B into NEURA Robotics alongside strategic and financial co-investors.
NEURA builds cognitive robots across form factors, from humanoids to robotic arms and mobile units, tied together by Neuraverse, its software and marketplace platform.
Beyond capital, Tether will embed its Wallet Development Kit into NEURA's robots, giving machines self-custodial wallets to transact autonomously.