On June 18, Jordi Baylina, co-founder of Polygon, announced via platform X that he and the core zkEVM development team have split to form "Zisk," an independent project focused on developing low-latency, open-source, zero-knowledge virtual machine technology.
The new project by Jordi Baylina, "Zisk," will continue the zkVM journey after the Polygon Foundation's decision to shut down this costly chain. Baylina retains the title of founder, but his team and database have now become completely independent.
All intellectual property rights associated with this project, including databases developed under the Polygon umbrella, were transferred to SilentSig GmbH, a Swiss company wholly owned by Baylina. According to the Zisk website, the team had been incubating the project within Polygon since May 2024, before the formalization of the exception process on June 13.
Zisk Maneuver: How Polygon's exit from zkEVM can reshape zero-knowledge technology
Baylina's departure comes just one week after a major leadership change at Polygon, where co-founder Sandeep Nailwal took direct control of the Polygon Foundation. Following his appointment, Nailwal rushed to present a new roadmap that sidelines zero-knowledge EVM technology in favor of Polygon PoS and the AggLayer interoperability protocol.
Gordy Baylina, co-founder of Polygon, revives zkEVM technology under his new project "Zisk".
Gordy Baylina's new project, "Zisk", will continue the journey of zkVM after the Polygon Foundation's decision to shut down this costly chain. Baylina retains the title of founder, but his team and database are now completely independent.
On June 18, Gordy Baylina, co-founder of Polygon, announced via platform X that he and the core zkEVM development team had split to form "Zisk", an independent project focused on developing low-latency, open-source, zero-knowledge virtual machine technology.
All intellectual property rights associated with this project, including databases developed under the Polygon umbrella, have been transferred to SilentSig GmbH, a Swiss company wholly owned by Baylina. According to the Zisk website, the team has been incubating the project within Polygon since May 2024, before officially formalizing the separation process on June 13.
Zisk Maneuver: How Polygon's exit from zkEVM could reshape zero-knowledge technology
Baylina's separation comes just one week after a major leadership change at Polygon, where co-founder Sandeep Nailwal took direct control of the Polygon Foundation. Following his appointment, Nailwal hurried to propose a new roadmap that marginalizes zero-knowledge EVM technology in favor of Polygon PoS and the AggLayer interoperability protocol.
$USDC Jordi Baylina, the co-founder of Polygon, revives zkEVM technology under his new project "Zisk".
Jordi Baylina's new project, "Zisk", will continue the journey of zkVM after the decision of the Polygon Foundation to shut down this costly chain. Baylina retains his title as founder, but his team and database are now entirely independent.
On June 18, Jordi Baylina, co-founder of Polygon, announced on platform X that he and the core zkEVM development team had split to form "Zisk", an independent project focused on developing low-latency, open-source, zero-knowledge virtual machine technology.
All intellectual property rights associated with this project, including databases developed under the Polygon umbrella, have been transferred to SilentSig GmbH, a Swiss company wholly owned by Baylina. According to the Zisk website, the team had been incubating the project within Polygon since May 2024, prior to formalizing the spin-off process on June 13.
Zisk Maneuver: How Polygon's exit from zkEVM could reshape zero-knowledge technology
Baylina's separation comes just one week after a major leadership change at Polygon, where co-founder Sandeep Nailwal took direct control of the Polygon Foundation. Following his appointment, Nailwal rushed to present a new roadmap that sidelines zero-knowledge EVM technology in favor of Polygon PoS and the AggLayer interoperability protocol.
#FOMCMeeting Dogecoin Decline Amid Growing Popularity of Trump Meme Coin
Dogecoin (DOGE), the original meme coin, has been a cornerstone of the cryptocurrency market for years. However, its momentum has recently waned with the launch of the Trump meme coin on the Solana blockchain. While Dogecoin stumbled, the Solana ecosystem has seen significant growth as traders flocked to the new promotional wave.
In this blog, we will explore how Dogecoin's price reacts to the influx towards the Trump coin, the impact on the broader meme market, and why Solana stands out as a key player in the cryptocurrency space.
1. Dogecoin's Struggles Amid New Competition Dogecoin experienced a slight rise to its highest level in a month at $0.43 on late Friday, before dropping to $0.397 after the launch of the Trump coin. This represents an 8% decline from its peak, highlighting the shift in traders' focus within the highly volatile meme coin market.
Why is Dogecoin's Price Falling?
This decline is largely attributed to traders selling their Dogecoin holdings to purchase the new Trump token, which quickly became the center of attention. Such reallocations are common in the meme coin space, where hype often dictates price movements.
Despite this decline, Dogecoin is still up 18% for the week, demonstrating its resilience as a market favorite.
Eric Trump Denies His Role in Tron Amid Merger Reports.
Eric Trump, the second son of former President Donald Trump, has denied holding an official position at Tron, despite reports from sources like the Financial Times. This statement comes amidst a $210 million reverse merger between Tron and SRM Entertainment.
Eric Trump's public denial highlights the importance of verifying leadership changes, which can significantly impact financial markets. Following the merger announcement, TRX saw a 5% increase in market price, reflecting investor confidence.
Tron was established through a reverse merger involving Tron and SRM Entertainment, resulting in the creation of a new entity with substantial assets. Eric Trump denied his involvement while maintaining his appreciation for Justin Sun, the founder of Tron. TRX rose by 5% after the announcement, indicating investors' confidence in Tron's strategy.
The financial implications are notable, as TRX now holds a prominent position in public markets. The $210 million deal was structured in the style of corporate digital asset management, including a $100 million investment in SRM shares. This may affect digital asset management strategies.
Eric Trump Denies His Role in Tron Amidst Merger Reports.
Eric Trump, the second son of former President Donald Trump, denied holding an official position at Tron, despite reports from sources such as the Financial Times. This statement comes amid a reverse merger worth $210 million between Tron and SRM Entertainment.
Eric Trump's public denial highlights the importance of verifying leadership changes, which can significantly impact financial markets. Following the merger announcement, TRX saw a 5% increase in market price, reflecting investor confidence.
Tron's strategic merger boosts market confidence.
Tron was established through a reverse merger that involved Tron and SRM Entertainment, resulting in the creation of a new entity with substantial assets. Eric Trump denied his involvement while maintaining his respect for Justin Sun, the founder of Tron. TRX rose by 5% after the announcement, indicating investor confidence in Tron's strategy.
The financial implications are notable, as TRX now holds a prominent position in public markets. The $210 million deal was structured in a corporate digital asset management style, including a $100 million investment in SRM shares. This may influence digital asset management strategies.
Eric Trump Denies His Role in Tron Amid Merger Reports.
Eric Trump, the second son of former President Donald Trump, denied holding an official position at Tron, despite reports from sources like the Financial Times. This statement comes amid a $210 million reverse merger between Tron and SRM Entertainment.
Eric Trump's public denial highlights the importance of verifying leadership changes, which can significantly impact financial markets. Following the merger announcement, TRX saw a 5% increase in market price, reflecting investor confidence.
Tron was established through a reverse merger involving Tron and SRM Entertainment, resulting in the creation of a new entity with substantial assets. Eric Trump denied his involvement while maintaining his appreciation for Justin Sun, the founder of Tron. TRX rose by 5% after the announcement, indicating investor confidence in Tron's strategy.
The financial implications are notable, as TRX now occupies a prominent position in public markets. The $210 million deal was structured in a corporate digital asset management style, including a $100 million investment in SRM shares. This may impact digital asset management strategies.
Bitcoin Cash breaks through a key resistance level as whale buying increases in a new upward trend. Bitcoin Cash (BCH) has broken through an important resistance level that had been hindering the price multiple times. Indicators suggest there is now technical resistance that aligns with a strong indicator of upward price movement. The recent price breakout indicates increasing bullish momentum.
Strong technical setup supports the breakout
According to UniChartz, Bitcoin Cash has finally surpassed a long-standing resistance level. This level had rejected price movement on several previous occasions. The current breakout supports technical patterns: a higher low is forming, the upward trend line remains intact, and the price has bounced from an established confluence area. Typically, this setup indicates strength in buyer confidence. If this breakout continues over the coming sessions, Bitcoin Cash may continue to advance towards the next resistance level. The formation of higher lows enhances confidence in the pattern, suggesting sustainable accumulation.
Whale activity drives buying pressure
Network data supports the technical breakout with increased buying interest. Cryptocurrency analyst @CW8900 notes a rise in net buying of Bitcoin Cash across major exchanges. Notably, significant accumulation on Binance, OKEx, and HTX, which are popular platforms among Chinese whale investors, is particularly noteworthy. The activity of these large investors may contribute to sustained demand.
Bitcoin Cash Breaks Key Resistance Level as Whale Buying Grows in New Uptrend. Bitcoin Cash (BCH) has broken a significant resistance level that has hindered the price several times. Indicators suggest that there is now technical resistance that aligns with a strong bullish price movement. The recent price breakout indicates increasing upward momentum.
Strong Technical Setup Supports the Breakout
According to UniChartz, Bitcoin Cash has finally surpassed a long-standing resistance level. This level had rejected price movement on several previous occasions. The current breakout supports technical patterns: a higher low is forming, the upward trend line remains intact, and the price has bounced from a confluence zone. This setup typically indicates strong buyer confidence. If this breakout continues in the upcoming sessions, Bitcoin Cash may progress toward the next resistance level. The formation of higher lows reinforces confidence in the pattern, suggesting sustainable accumulation.
Whale Activity Drives Buying Pressure
Network data supports the technical breakout with increased buying interest. Cryptocurrency analyst @CW8900 points to a rise in net buying of Bitcoin Cash across major exchanges. Notably, there has been significant accumulation on Binance, OKEx, and HTX, which are popular platforms among Chinese whale investors. The activity of these large investors may contribute to sustaining demand.
Stock Market Decline in the U.S. Amid Energy Sector Rise
On June 13, 2025, major U.S. indices such as the Dow Jones and Nasdaq experienced notable declines.
The drop in the stock market reflects a general trend towards risk aversion, with the energy and defense sectors posting significant gains.
Energy stocks defy market trends, led by Houston Energy stock.
Houston Energy stock rose by over 117.79%, recording significant gains despite broader market declines. The Dow Jones Industrial Average and other major indices recorded losses by the end of the week.
Following Houston Energy stock, which posted gains of 55.63%, highlighting the strong performance of energy stocks.
Market analysts noted potential volatility, but key figures and companies in the sector remained silent about these specific shifts.
Mixed market reactions amid Bitcoin stability and regulatory speculation. Did you know? In previous recession periods, the energy sector often provided a safe haven, reinforcing its traditional role as a defensive asset during broader market downturns.
According to CoinMarketCap, Bitcoin (BTC) is currently trading at $105,103.22, with a market capitalization of $2.09 trillion and a market dominance of 63.85%. The trading volume over the past twenty-four hours reached $44.03 billion. Bitcoin's price increased by 0.49%.
US stock market declines amid rising energy sector
On June 13, 2025, major US indices, such as the Dow Jones and Nasdaq, saw noticeable declines.
The stock market decline reflects a general trend towards risk aversion, with the energy and defense sectors achieving significant gains.
Energy stocks defy market trends, led by Houston Energy stock.
Houston Energy stock rose by over 117.79%, recording significant gains despite broader market declines. The Dow Jones Industrial Average and other major indices recorded losses by the end of the week.
Houston Energy stock was followed by gains of 55.63%, highlighting the strong performance of energy stocks.
Market analysts noted potential volatility, but key figures and companies in the sector remained silent about these specific shifts.
Mixed reactions in the market amid Bitcoin stability and regulatory speculation. Did you know? In previous recession periods, the energy sector often provided a safe haven, reinforcing its traditional role as a defensive asset during broader market downturns.
According to CoinMarketCap, Bitcoin (BTC) is currently trading at $105,103.22, with a market capitalization of $2.09 trillion and a market dominance of 63.85%. In the last twenty-four hours, the trading volume reached $44.03 billion. Bitcoin's price has increased by 0.49%.
Shiba Inu Reveals "Alpha Layer of Shiba" to Enable Scalable Aggregations on Shibarium The Shiba Inu development team announced the launch of a groundbreaking improvement to the Shibarium blockchain infrastructure, introducing the Alpha Layer of Shiba. This new feature allows users to design and deploy fully customizable aggregations on Shibarium, focusing on scalability, performance, and user-centric security. As Dai Thir reported, this move reinforces Shiba Inu's commitment to technological advancement and decentralization.
What is the Alpha Layer of Shiba and its significance?
The Alpha Layer of Shiba is designed to simplify the process of creating aggregations for both institutional and independent developers alike. With no need for deep technical knowledge, developers can now customize their own aggregations for use cases ranging from decentralized finance (DeFi) to NFT platforms and decentralized gaming applications.
The aggregation technology combines off-chain transactions while maintaining the security of the main chain, addressing major blockchain technical hurdles such as scalability and high gas fees. With the integration of the Shib Alpha Layer, Shiba Inu aims to eliminate these barriers by enhancing performance and reducing innovation hurdles.
Shiba Inu Reveals 'Alpha Layer of Shiba' to Enable Scalable Aggregations on Shibarium The Shiba Inu development team announced the launch of a groundbreaking improvement to the Shibarium blockchain infrastructure, introducing the Alpha Layer of Shiba. This new feature allows users to design and deploy fully customizable aggregations on Shibarium, focusing on scalability, performance, and user-centric security. As Dai Thir reported, this move enhances Shiba Inu's commitment to technological evolution and decentralization.
What is the Alpha Layer of Shiba and its Importance?
The Alpha Layer of Shiba is designed to simplify the process of creating aggregations for both institutional and independent developers alike. Without the need for in-depth technical knowledge, developers can now customize their own aggregations for use cases ranging from decentralized finance (DeFi) to NFT platforms and decentralized gaming applications.
Aggregation technology combines off-chain transactions while maintaining the security of the main chain, addressing major blockchain technical hurdles such as scalability and high gas fees. With the integration of the Shib Alpha Layer, Shiba Inu aims to eliminate these barriers by enhancing performance and reducing innovation bottlenecks.
$BTC BlockDAG deal with NBA and its pre-sale of $298 million strengthen its rise as a leading cryptocurrency, while SHIB ignites and PI stalls
The cryptocurrency market in June is witnessing mixed signals. While Pi Network users are awaiting the long-promised migration, Shiba Inu is gaining new interest through burning activity, BlockDAG (BDAG) is taking the stage with steps that far exceed development. With over 1.5 million users mining BDAG through the X1 app, and increasing talk of an NBA partnership, this project aims not only to provide utility but also to leverage pop culture. This kind of real-world exposure has launched some of the biggest names in the cryptocurrency world, and it seems that BlockDAG (BDAG) is on the same path. It is rapidly transitioning from a pre-sale project to an integrated brand, with utility, technology, and mass appeal. With over $298 million raised, and a major announcement scheduled for June 13, BDAG could be very promising. It may be the next big cryptocurrency. Pi Network (PI): Growing user frustration with the slow migration process Pi Network has achieved remarkable success as an easy-to-use cryptocurrency mined through smartphones. However, its momentum is now starting to wane. Despite a massive user base and years of promotion, only about 10 million Pi tokens have made it to the open mainnet, a tiny fraction of the total supply.
#TrumpTariffs BlockDAG deal with NBA and its pre-sale worth 298 million dollars boosts its rise as a leading cryptocurrency, while SHIB ignites and PI halts
The cryptocurrency market in June is witnessing mixed signals. While Pi Network users are waiting for the long-promised transition, Shiba Inu is gaining renewed interest through burning activity, and BlockDAG (BDAG) is taking center stage with steps that far exceed mere development. With over 1.5 million users mining BDAG through the X1 app, and increasing discussions about an NBA partnership, this project aims not only to provide utility but also capitalizes on pop culture. This kind of actual visibility has launched some of the biggest names in the cryptocurrency world, and it seems that BlockDAG (BDAG) is following the same path. It is rapidly transitioning from a pre-sale project to a fully integrated brand, with utility, technology, and mass appeal. Having raised over 298 million dollars, and with a major announcement scheduled for June 13, BDAG could be very promising. It may be the next big cryptocurrency. Pi Network (PI): Growing user frustration with the slow migration process Pi Network has achieved remarkable success as an easy-to-use cryptocurrency mined via smartphones. However, its momentum has started to wane. Despite a massive user base and years of hype, only about 10 million Pi tokens have reached the open mainnet, which is a tiny fraction of the total supply.
A shocking update for the Bitcoin Core platform prompts the departure of OCEAN's Vice President from the world of cryptocurrencies
Important news from the Bitcoin mining world has caused a wide stir. Jason Hughes, Vice President of the OCEAN mining pool, a prominent figure in this field, announced a decisive decision: to sell all the Bitcoin (BTC) he owns and completely withdraw from the cryptocurrency industry. This decision was not surprising; rather, his departure is directly related to his strong opposition to an upcoming update for the Bitcoin Core platform.
OCEAN's Vice President unexpectedly leaves due to the Bitcoin Core platform update
The news, initially reported by Prutus, details the significant step taken by Jason Hughes. As Vice President of OCEAN, a mining platform known for its commitment to transparent and non-monopolistic practices, Hughes carries significant weight in the mining community. His decision to liquidate his entire Bitcoin portfolio and permanently withdraw from the cryptocurrency world underscores his concerns about the direction of Bitcoin's development.
Hughes publicly expressed his deep disappointment, specifically criticizing 31 developers involved in the project. This indicates a major ideological disagreement regarding the future path of the Bitcoin Core program, the software that supports the entire Bitcoin network. Understanding the controversial Bitcoin Core update version 30
At the heart of this controversy is version 30 of Bitcoin Core.
A shocking update to the core Bitcoin platform prompts the departure of OCEAN's Vice President from the cryptocurrency world
Significant news from the Bitcoin mining world has caused a stir. Jason Hughes, Vice President of the OCEAN mining pool, a prominent figure in the field, has made a decisive announcement: he is selling all of his Bitcoin (BTC) holdings and permanently withdrawing from the cryptocurrency industry. This decision was not surprising; rather, his departure is directly related to his strong opposition to an upcoming update to the core Bitcoin platform.
OCEAN's Vice President unexpectedly leaves due to the core Bitcoin platform update
The news, initially reported by Protos, details the important step taken by Jason Hughes. As the Vice President of OCEAN, a mining pool known for its commitment to transparent and non-monopolistic practices, Hughes carries significant weight in the mining community. His decision to liquidate his entire Bitcoin portfolio and permanently withdraw from the cryptocurrency world underscores his concerns about the direction of Bitcoin's development.
Hughes publicly expressed his deep disappointment and specifically criticized 31 developers involved in the project. This indicates a significant ideological rift regarding the future path of the Bitcoin Core program, the software that supports the entire Bitcoin network. The controversial Bitcoin Core update version 30
At the heart of this controversy is version 30 of Bitcoin Core.
#NasdaqETFUpdate BNB Chain Launches Builder Bunker: A Community Hub for Web3 Technology and Artificial Intelligence in New York
BNB Chain, a leader in blockchain technology in terms of transaction volume and daily active users, is opening its first ever local and in-person community center, the Builder Bunker. Located in the heart of New York City, the Builder Bunker will serve as a base for the most dedicated developers in the Web3 and artificial intelligence fields.
This is not a traditional co-working space, but rather a practical launchpad for Web3 developers and emerging fields like artificial intelligence. It is designed for those ready to move quickly, collaborate deeply, and turn bold ideas into real products. The chain welcomes developers using blockchain technology and emerging technologies to build and innovate in their businesses, encouraging synergy with BNB Chain.
The Builder Bunker brings together founders, developers, and creators looking to scale their own projects, where people find their community - and the tools necessary to move forward faster. Sarah, the business development officer at BNB Chain, said: "The Builder Bunker is the place where ideas are refined and teams are strengthened. We are excited to launch this initiative from New York, one of the most vibrant building communities in the world. We are forming a dedicated unit of builders whose work is not just to use Web3, but to build it together, piece by piece."
#MarketRebound BNB Chain Launches Builder Bunker: A Community Hub for Web3 and Artificial Intelligence in New York
BNB Chain, a leader in blockchain technology in terms of transaction volume and daily active users, is opening its very first local and in-person community hub, the Builder Bunker. Located in the heart of New York City, Builder Bunker will serve as a base for the most committed developers in Web3 and artificial intelligence.
This is not a traditional co-working space; it is a practical launch platform for Web3 developers and emerging fields like artificial intelligence. Designed for those ready to move quickly, collaborate deeply, and turn bold ideas into real products. The chain welcomes developers utilizing blockchain technology and emerging technologies to build and innovate in their work, encouraging synergy with the BNB Chain.
Builder Bunker brings together founders, developers, and creators looking to scale their own projects, where people find their community - and the tools necessary to move forward faster. Sarah, the business development officer at BNB Chain, said: "The Builder Bunker is where ideas are honed and teams are elevated. We are excited to launch this initiative from New York, one of the most vibrant building communities in the world. We are forming a dedicated unit of builders whose work goes beyond just using Web3; they are building it together, piece by piece."
BNB Chain Launches Builder Bunker: A Community Hub for Web3 and Artificial Intelligence in New York
The BNB Chain, a leader in blockchain technology in terms of transaction volume and daily active users, is opening its first-ever local and in-person community center, the Builder Bunker. Located in the heart of New York City, the Builder Bunker will serve as a base for the most dedicated developers in the fields of Web3 and artificial intelligence.
This is not a traditional co-working space; it is a practical launch platform for Web3 developers and emerging fields like artificial intelligence. It is designed for those ready to move quickly, collaborate deeply, and turn bold ideas into real products. The chain welcomes developers who use blockchain technology and emerging technologies to build and innovate in their businesses, encouraging synergy with the BNB Chain.
The Builder Bunker brings together founders, developers, and creators looking to scale their own projects, where people find their community - and the tools needed to move forward faster. Sarah, the business development officer at BNB Chain, stated: "The Builder Bunker is where ideas are refined and teams are enhanced. We are excited to launch this initiative from New York, one of the most vibrant building communities in the world. We are forming a dedicated unit of builders whose work is not limited to using Web3, but rather building it together, piece by piece."