1. SharpLink Gaming acquired 176,270.69 ETH for $463 million, making it the second-largest holder after the Ethereum Foundation link
SharpLink Gaming (SBET) announced the acquisition of 176,270.69 Ethereum (ETH) for a total price of approximately $463 million, with an average purchase price of $2,626 per coin, making it the publicly traded company with the largest amount of ETH held globally, second only to the Ethereum Foundation. The company stated that currently over 95% of its ETH holdings have been used for staking and liquid staking to support the Ethereum network and earn native yield.
2. The biometric authentication project World will launch in London this Thursday link
The biometric authentication project World, co-founded by OpenAI CEO Sam Altman, will launch in London this Thursday and plans to expand to major UK cities such as Manchester, Birmingham, Cardiff, Belfast, and Glasgow in the coming months. World scans human eyes using a spherical device called Orb to generate a unique iris code for verifying whether a user is human, aiming to address AI abuse risks such as deepfakes.
3. Polygon launched the 'Gigagas' roadmap, planning to scale up to 100,000 TPS in three phases link
Polygon released the 'Gigagas' expansion roadmap, planning to expand the network to 100,000 TPS in three phases to support global payments and real-world assets (RWA) on-chain. In the short term (before July 2025), it will upgrade to 1,000 TPS through Bhilai, reducing transaction finality time to about 5 seconds, and optimizing gas fee stability; the goal for the year is to increase to 5,000 TPS, connecting to Agglayer for cross-chain liquidity and introducing a single-block finality mechanism to eliminate chain reorganization risks; in the long term, it will leverage more efficient validation architecture and Agglayer expansion to reach 100,000 TPS to support large-scale institutional trading and payment demands.
4. The founder of Cardano launched the Bitcoin DeFi protocol Cardinal on Cardano link
Cardano founder Charles Hoskinson announced the launch of the first Bitcoin DeFi protocol, Cardinal, on Cardano. This protocol implements non-custodial cross-chain using MuSig2 multi-signature technology, allowing users to directly use Bitcoin UTXO to participate in lending and staking operations on the Cardano chain, while also being compatible with Ordinals inscriptions as collateral. The technical solution includes the BitVMX off-chain verification system and supports interactions with public chains such as Ethereum and Solana. This is the first solution that allows Bitcoin to access the Cardano ecosystem without custody.
5. The official website of the Trump family project WLFI has added modules for Swap, Bridge, lending, etc. link
The official website of the Trump family project WLFI has been updated, adding Bridge and Swap modules under USD1, as well as a separate lending module and WLFI APP module. However, currently, aside from Bridge, other features are still in a 'soon' state and have not been officially launched.
6. Safe established Safe Labs to respond to the Bybit attack and reshape its institutional development strategy link
Safe announced the establishment of a new development entity, Safe Labs, to integrate technical operations, reshape product roadmaps, and address security challenges exposed after the Bybit hacking incident related to North Korea in February of this year. Although Safe's core contracts were unaffected, its front-end applications were attacked, and Safe Labs will operate as a development department under the Safe Foundation, replacing the previous outsourced development model, aiming to meet the security and usability needs of both the crypto-native community and institutional users.
7. OpenSea announced that it will completely shut down the OS1 version on June 16 link
The NFT trading platform OpenSea announced that it will fully shut down the OS1 version on June 16, and the new OS2 version will no longer support features such as Deals, English auctions, testnet support, and shopping carts. The platform explained that these features had insufficient usage and that 'transaction bargaining' has compatibility issues with the ERC 721-C royalty enforcement contract. Some users expressed dissatisfaction, believing that the cancellation of 'Deals' would increase the risk of fraud. This feature was launched in July 2023, allowing users to customize NFT exchange plans.
8. Ether Fi's ETH staking volume has increased by 30% in the past 6 months, while Lido has decreased by 9% link
In the past 6 months, the ETH staking volume of Ether Fi has increased by 30%, while Lido has decreased by 9%, with Ether Fi growing by 316,322 ETH staked in the past month. Notably, Lido's market share has declined from around 30% during mid-2022 to 25.6% currently.
9. The concentration of Optimism governance has intensified: over half of the voting rights are controlled by 18 addresses link
On-chain analyst mrwildcat's research on Optimism governance shows that in the latest quarter, nearly 80% of votes (over 30,000 voters) came from voters who were delegated less than 1 OP. Despite the large number of these voters, their actual voting influence is nearly zero; the number of addresses controlling over 50% of the delegated voting rights has reached a historical high of 18 delegates, but the number of representatives needed to reach a quorum remains very stable, always less than 8. Additionally, the market value of currently delegated OP is close to historical lows.
10. The NFT market Solsniper announced that it will close on June 13, 2025, at 12 PM (PST) link
The Solana-based NFT market Solsniper announced that it will close its NFT market on June 13, 2025, at 12 PM (PST), automatically delisting all NFTs, canceling bids, and refunding related balances to users' wallets. The platform stated that due to unsustainable operations over the past year, it decided to terminate market functions but will retain reward leaderboard records and plans to continue using them in future incentive programs.
