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Jito Labs co-founder and CEO Lucas Bruder stated that the crypto market is entering a "new phase": an increasing number of on-chain users no longer see themselves as "crypto traders," but rather as ordinary traders who simply wish to trade various assets.Jito Labs plans to launch a trading terminal called JTX for "professional retail" traders this summer, supporting spot, futures, and prediction market trading. This means Jito will extend from the Solana underlying infrastructure to consumer-facing products.Bruder believes that Solana has proven its ability to support large-scale trading activities after the memecoin market in 2024, attracting new users with low costs and high speed. He also stated that as Wall Street assets gradually move on-chain, Solana is expected to become the entry point for more mainstream traders to enter the on-chain market.

The Hyperliquid Policy Center stated that Hyperliquid, as an on-chain perpetual contract trading platform, can provide a new model for market integrity and transparency. The agency claims that Hyperliquid will publicly disclose all on-chain transaction records in real-time, which helps regulatory agencies and law enforcement monitor, identify, and investigate, and also reduces the risks of insider trading and price manipulation.Previously, reports indicated that ICE and CME were communicating with U.S. regulators, requesting the CFTC to strengthen oversight of Hyperliquid, citing that its 24/7 commodity trading could pose manipulation risks to global oil prices and other markets. Hyperliquid has recently experienced rapid growth in the commodity trading sector, partly due to its support for non-traditional trading hours and weekend trading.21Shares and Bitwise also launched ETFs related to Hyperliquid this week, mentioning an increase in oil and metal trading activities on the platform. The Hyperliquid Policy Center believes that around-the-clock trading can actually enhance market efficiency, as price changes do not stop due to traditional exchange closures, and continuous trading helps reduce gaps in trading periods and improves price discovery.

In response to Bloomberg's report on CME and ICE pressuring the CFTC regarding Hyperliquid, the Hyperliquid Policy Center, a lobbying organization led by prominent crypto lawyer Jake Chervinsky and funded by the Hyper Foundation, tweeted that the concerns lack basis.The organization stated that Hyperliquid publishes complete on-chain transaction records in real-time, with transparency far exceeding that of traditional exchanges, which serves as a strong deterrent against insider trading and price manipulation, and is beneficial for regulatory agencies and law enforcement to conduct monitoring and investigations.Additionally, Hyperliquid offers 24/7 uninterrupted trading, effectively eliminating price gaps between the opening and closing of traditional markets. The organization acknowledged that current U.S. laws have not yet made specific provisions for on-chain derivatives markets and will continue to work with Washington policymakers to promote the implementation of relevant regulatory frameworks.Previously, the Hyperliquid Policy Center was established on February 18 of this year in Washington, with former Blockchain Association and Variant Chief Legal Officer Jake Chervinsky serving as CEO, receiving a donation of 1 million HYPE from the Hyper Foundation, focusing on promoting a compliant regulatory path for DeFi in the United States.

Kelp announced on platform X that the rsETH protocol has fully resumed normal operation, and the related functions have been re-launched on the mainnet and all Layer 2 networks, with the overall system status restored to normal levels. The rsETH exchange rate has been updated, accounting for all staking reward earnings accumulated during the suspension period. Meanwhile, EIGEN rewards are now open for distribution to rsETH holders, covering the entire suspension period.In addition, the deposit and withdrawal functions have been restored on the mainnet and Layer 2 networks, and the rsETH asset support status has been fully restored to 100% backing. The official emphasized that the current rsETH has achieved complete and sufficient support on the mainnet and L2 networks, and all operational processes have returned to normal.

According to CoinDesk, Kraken's parent company Payward is laying off about 150 employees. This move is part of the company's optimization adjustments in preparation for its IPO, according to two insiders. A Kraken spokesperson stated in a statement: "We continuously evaluate and adjust our organizational structure to ensure we have the right structure and talent to achieve growth objectives and better serve our customers."Meanwhile, Payward is seeking a new round of financing at a valuation of $20 billion to support its pre-IPO expansion strategy. Recently, the company completed a $600 million acquisition of stablecoin payment company Reap and a $550 million acquisition of digital asset derivatives platform Bitnomial. The previous largest acquisition occurred in 2025, when Payward acquired the U.S. retail futures platform NinjaTrader for $1.5 billion, which also holds a CFTC futures broker license.Payward submitted a confidential S-1 registration statement draft to the U.S. Securities and Exchange Commission (SEC) on November 19, 2025, taking the initial steps toward going public. In March of this year, CoinDesk reported that the company had postponed its IPO plans due to a sluggish market environment, but insiders indicated that the company still plans to move forward with the IPO once market conditions improve. At the Consensus Miami conference, Payward and Kraken co-CEO Arjun Sethi stated that the exchange's IPO preparations are "80%" complete.

According to Gate market data, the three major indices of the US stock market generally fell before the market opened, with the Nasdaq down 1.24%, the Dow down 0.44%, and the S&P 500 down 0.78%.Most of the seven major tech stocks fell before the market opened, with Apple (AAPL) down 0.66%, Microsoft (MSFT) up 0.7%, Alphabet (GOOGL) down 1.57%, Amazon (AMZN) down 1.36%, Nvidia (NVDA) down 2.08%, Tesla (TSLA) down 1.72%, and Meta (META) down 1.35%.

According to the Korea Herald, Korea Investment & Securities is jointly promoting a plan with OKX to acquire approximately 20% of Coinone's shares, with both parties planning to acquire about 20%, primarily through the issuance of new shares. This investment is mainly financial and is expected not to involve a change in management rights. However, there are opinions in the industry that OKX may seek to participate in management and gain substantial influence in the future, which would make it the second case of a large foreign exchange attempting to control the management rights of a Korean original currency exchange after Binance's acquisition of Gopax.Currently, the main shareholders of Coinone are: The One Group holds 34.30%, Com2uS Holdings holds 21.95%, founder and CEO Cha Myung-hoon holds 19.14%, and Com2uS Plus holds 16.47%.

According to Money Today, the Financial Services Commission of South Korea will announce detailed rules for tokenized securities in July, preparing for implementation in February next year. The country's financial authorities will allow the issuance of fragmented investment securities by bundling various underlying assets and will develop a roadmap for the tokenization of traditional securities such as stocks and bonds.The Financial Services Commission stated that previously it was prohibited to bundle underlying assets for the issuance of fragmented securities, but now it plans to allow bundling of similar assets within a certain scope. The Commission emphasized that market order and investor protection are fundamental prerequisites, but regulation will not be the primary focus. The annual investment limit for fragmented investment securities issuance platforms is set at 10 million to 20 million Korean won, with crowdfunding limited to 5 million won per project, totaling 10 million won. The annual selling limit for over-the-counter trading of non-listed stocks is 300 million won, while for investment contract securities in over-the-counter trading, it is 40 million won.

According to a report by Cointelegraph, a report released by cybersecurity company CrowdStrike shows that losses from cryptocurrency assets caused by North Korean hackers and threat actors exceeded $2 billion in 2025, a 51% increase year-on-year, despite a decrease in the number of attacks. CrowdStrike stated that North Korean hackers are the largest threat organization targeting cryptocurrency users, and the stolen funds are almost certainly used to finance the regime's military programs.Attackers prioritize high-value targets, mainly focusing on Web3 projects and cryptocurrency exchanges, as stolen funds are easier to cash out and transfer anonymously. In April of this year, the Ethereum Foundation identified 100 North Korean hackers, and the Drift Protocol was infiltrated by North Korean tech workers, resulting in a loss of $280 million, with these threat actors establishing face-to-face relationships through third-party intermediaries.

Aave announced that its bug bounty program has been updated to better align rewards with the risk status of each part of the ecosystem and to simplify the review process. The maximum reward for critical vulnerability fixes for Aave V4 and Core Aave V3 has now been increased fivefold.

Aave officially announced an update to its bug bounty program to better match the risk characteristics of various parts of the ecosystem and simplify the review process. According to the latest adjustments, the bounty cap for critical bugs in Aave V4 and Core Aave V3 has been increased to five times the original amount.Aave Labs also proposed a reorganization of the bounty framework, placing different subsystems under the management of platforms such as Immunefi, Sherlock, and Cantina. The core components such as Core Aave V3, V2, and GHO will continue to be managed by Immunefi; Aave V4 and Aave App Stack will transition to Sherlock; and Aave V3 on Aptos will be managed by Cantina.

According to Jinshi News, the USD/JPY briefly plunged over 70 points, reaching a low of 157.57, and has now rebounded to 157.81.

According to Gate market data, the three major U.S. stock indices generally rose before the market opened, with the Nasdaq up 0.11%, the Dow up 0.34%, and the S&P 500 up 0.2%.The seven major tech stocks generally fell before the market opened, with Apple (AAPL) up 0.51%, Microsoft (MSFT) up 0.59%, Alphabet (GOOGL) up 0.01%, Amazon (AMZN) up 0.06%, Nvidia (NVDA) up 2.05%, Tesla (TSLA) up 0.37%, and Meta (META) up 0.42%.

The U.S. Attorney's Office for the Southern District of New York stated in a court filing on Tuesday that Roni Cohen-Pavon, the former Chief Revenue Officer of the defunct crypto lending platform Celsius, has agreed to a forfeiture judgment of $1.07 million, representing the proceeds traceable to his criminal conduct. Cohen-Pavon pleaded guilty in September 2023 to charges of fraud and conspiracy to manipulate the price related to Celsius's CEL token, and is scheduled to be sentenced this Thursday. Cohen-Pavon's lawyer previously requested a sentence of time served, citing his cooperation agreement with the government and his potential role in the guilty plea of former Celsius CEO Alex Mashinsky.Mashinsky was sentenced to 12 years in prison in May 2025 for commodity and securities fraud and agreed to forfeit over $48 million. In a letter to the judge, Cohen-Pavon stated, "I plead guilty because I am guilty. I participated in the manipulation of the CEL token. I should have stopped it but did not, I could have left but did not. I take full responsibility for this."Additionally, on Thursday, Judge Lewis Kaplan of the same court ordered that $10 million in assets associated with former FTX CEO Sam Bankman-Fried be used to fulfill his forfeiture agreement. Bankman-Fried was sentenced to 25 years in prison for defrauding FTX users and investors and is subject to over $11 billion in forfeiture. His appeal to overturn the conviction and sentence is still pending.

According to Catcher Predict monitoring, in the "New York Yankees vs. Baltimore Orioles" event on the prediction market Polymarket, the win probability for the "Baltimore Orioles" option in the sub-market "Spread -2.5" has experienced significant fluctuations, soaring from 24% an hour ago to the current 88% (a fluctuation of 64%). Please note the impact of relevant breaking news.

According to Jinshi reports, Federal Reserve official Kashkari stated that the inflation rate needs to be restored to 2% and emphasized that this goal should not be changed.

According to Gate market data, the Nasdaq Composite Index rose by more than 1%.

According to Jin Shi reports, Federal Reserve official Collins stated that he hopes the economy will allow for more interest rate cuts later this year.

Coinbase CEO Brian Armstrong posted on the X platform that the CLARITY Act is "closer to being advanced than ever before."Brian Armstrong stated that the bill will make the U.S. financial system faster, cheaper, and more inclusive, and help the U.S. maintain its leading position in the competition for the next generation of global financial systems. He also thanked the U.S. Senate staff and the 3.7 million Stand With Crypto supporters, stating that these groups have driven the bill's development to its current stage.

According to the official announcement, Bithumb will launch the UP Korean Won trading pair.