testing

Base officially released an analysis report on the interruption of block production, which disclosed that the Base mainnet experienced two interruptions in block production on June 25 and 26, lasting 116 minutes and 20 minutes respectively. The security of on-chain assets was not affected, and funds remained in a secure state.The root cause of the incident stemmed from a logic flaw in the sequencer's block construction: after a transaction execution failure, the old journal state was not correctly cleared, leading to gas calculation errors during the execution of subsequent valid transactions, which in turn generated invalid state transition blocks, causing the entire L2 chain to pause block production.Base stated that the issue has been resolved through a patch, and it will strengthen the protocol's fuzz testing and stress testing systems to identify potential malicious transaction paths, while also optimizing monitoring and operational processes. Additionally, there are plans to introduce a recovery mechanism to enhance the ability to recover quickly from similar incidents in the future.

According to Cointelegraph, Hyperliquid's portfolio margin feature has entered the Beta testing phase and increased limits. Users with account values below $25 million can use BTC and HYPE as collateral to trade perpetual contracts, spot markets, and outcome markets.

The Ethereum Layer2 project Taiko has released the latest developments on the security incident, stating that this incident will not result in any loss of user funds. Currently, the bridged assets are in a state of insufficient collateral, and all additional collateral will be completed before the bridge reopens, ensuring that each user's balance receives 1:1 support, consistent with the situation before the incident occurred.Since the occurrence of this security incident, cautious measures have been taken, including controlling the scope of impact, determining the cause of the incident, and collaborating with the board to develop a plan to protect user assets. In addition, the CEO of Taiko has submitted a formal report to the relevant authorities in Singapore, and the team will fully cooperate in tracing the responsible parties. Users currently do not need to take any action; at this stage, the completed repair plan is being tested, and the chain and bridging services will be reopened as soon as safety is ensured. Users are also reminded to be vigilant against scams; the Taiko team will not proactively message users, and there are no websites for claiming or refunds. Any links provided for such purposes are scams.

According to official news, the decentralized all-asset trading platform Vanta has completed a multi-million dollar seed round financing. This round of financing was led by the top TradFi platform Vantage and supported by several strategic investors, including the Co-Founder of Orderly. Vanta was founded by a core executive team from Binance, OKX, and Bitget, aiming to build an on-chain trading platform covering multiple asset classes such as crypto assets, stocks, commodities, indices, and foreign exchange.In terms of products, Vanta has launched Smart Trading and AI trading assistance features to enhance the on-chain trading experience. Currently, its public beta has started, and users participating in trading and activities during the public beta can earn double points rewards.

BIT (formerly Matrixport) announced the official launch of its U.S. stock margin trading feature, which will be open for public testing starting June 26. BIT is the first platform in the cryptocurrency industry to offer margin trading functionality. Users can now submit margin loan applications through the official website or app. BIT will review applications based on account status and risk management requirements, gradually increasing the margin limits. Additionally, features such as securities lending are also in preparation and will be gradually opened based on regulatory requirements and product progress.During the public testing period, BIT will simultaneously launch the "First Margin Loan · Limited Time Interest-Free" and "Interest Cashback Gift" promotions: Users who use margin trading for the first time during the promotional period will enjoy 30 days of 0% interest on their first loan, allowing users to experience the efficiency of leveraged funds without interest. Elio Cui, head of brokerage services, stated: "BIT is the first to provide margin trading functionality, enhancing the customer journey from account opening, trading to fund leverage. This allows BIT customers to improve investment efficiency and strategically position themselves in the world's most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem."BIT also reminds users that while margin trading enhances the efficiency of fund usage, it also comes with corresponding risks. Users should fully understand margin rules and risk control mechanisms and participate cautiously based on their own risk tolerance.

According to "Du Jia," ByteDance's AI assistant "Doubao" is ramping up efforts in the instant travel sector. Currently, the Doubao App is conducting a grayscale test of the one-click ride-hailing feature for select users in Beijing and Hangzhou. After users input their travel needs via voice in the dialogue box, the system can automatically recognize the information and match it with available vehicles. Once confirmed, users can complete the order with one click, and the related ride-hailing services are provided by Cao Cao Mobility.It is reported that Cao Cao Mobility has integrated exclusive orders for Doubao and is offering additional service fees to drivers who complete these types of orders. Last week, Cao Cao Mobility launched its new RoboX strategy in Hong Kong, announcing a comprehensive AI transformation, establishing an AI division, and proposing a "Double 100,000 Plan" to deploy 100,000 Robotaxis and 100,000 Robovans by 2030.

Crypto KOL Ansem posted that Bitcoin is currently at a quite critical position, re-testing the key weekly resistance level of approximately $65,000 to $66,000 within this round of range. He will not go long on BTC at this position, as he believes there are better long opportunities in the market. However, if BTC closes above this range, it may re-test $72,000, which he leans towards as the scenario. If he is wrong and BTC drops below $63,800 and shows weak performance, the short-term trend will turn bearish, potentially re-testing $60,000. If this situation occurs, he will consider going short and set the stop loss above the previous short-term consolidation range. In addition, Ansem stated that the FOMC minutes released today at 2:30 may affect market direction.

According to Livecoins, Brazilian Federal Deputy Lincoln Portela proposed Bill No. 2.901/2026, which aims to establish a framework for a national fintech and digital finance platform, creating a permanent regulatory sandbox system for testing blockchain technology and asset tokenization, supervised by the Central Bank of Brazil.The bill requires regulatory requirements to be proportional to the size of the company, allowing small fintech startups to apply simplified standards, and prohibits the government from imposing bureaucratic measures or obligations that do not align with the digital nature of the cryptocurrency market. The sandbox testing scope includes financial flow tracking, artificial intelligence credit applications, and programmable payment practices.The bill also allows companies to share network infrastructure and institutional adaptation databases, but they must comply with data protection regulations. The cooperation mechanism aims to combat financial crimes in cryptocurrency transactions, promote customer identity verification, and enhance cybersecurity.The bill also proposes the establishment of a national system for digital financial integrity, coordinating network regulatory actions to combat criminal structures that use cryptocurrency to hide wealth. Fines for non-compliant companies can reach up to 20% of their annual profit or revenue. The bill will be discussed in various committees of the House of Representatives.

According to a report by Jiemian News, Ant Group is secretly testing an AI version of Alipay, which disrupts the original user interaction and allows users to access a native AI interface with one click, achieving intelligence in service and fund management.The news states that the launch time for the new version is not yet determined. Ant Group declined to comment.

Sources say that Nvidia has begun marketing its first standalone Central Processing Unit (CPU) product, Vera, to Chinese customers. This chip is designed for Agentic AI systems and has now entered mass production, marking Nvidia's attempt to further expand its presence in the Chinese market through CPU products.Insiders indicate that some Chinese customers have shown interest in Vera. One large Chinese cloud computing company plans to purchase over 300 servers equipped with dual Vera CPUs for testing and will decide whether to scale up purchases after the testing is completed.Vera is built on the Arm Holdings architecture and is Nvidia's first standalone CPU product. Nvidia previously stated that Vera's performance in AI agent-related computing tasks can reach 1.8 times that of competing products, and it is expected that this product will contribute approximately $20 billion in revenue before the end of the current fiscal year (by the end of January next year).Reports point out that as the focus of the AI industry gradually shifts from model training to inference computing, CPUs and custom chips are gaining more attention. Vera also puts Nvidia in direct competition with Intel and Advanced Micro Devices (AMD), which have long dominated the server CPU market.Insiders have noted that due to strict restrictions imposed by the U.S. on high-end GPU exports, CPUs face relatively fewer regulatory hurdles in the Chinese market compared to GPU products. Currently, some Chinese customers plan to first deploy Vera chips in overseas data centers for testing. Meanwhile, software ecosystem compatibility and the existing domestic AI chip deployment system may still affect the subsequent large-scale adoption of Vera.

Strategy CEO Phong Le responded to criticism regarding the company's first sale of Bitcoin since 2022 in an interview with CNBC on Tuesday, stating that the move was a deliberate limited test aimed at demonstrating operational flexibility rather than abandoning the belief in holding assets. Between May 26 and 31, Strategy sold 32 BTC (approximately $2.5 million) at an average price of $77,135, which accounted for only 0.004% of its total holdings, but it triggered a strong market reaction.Le listed three reasons for the sale: to prove the company's ability to sell when necessary, to confirm that internal disposal processes are fully operational, and to capture tax loss opportunities. He emphasized that the sale was not due to financial difficulties, and the company did not need to sell assets to pay STRC preferred stock dividends, while still net buying about 1,500 BTC during the same period. Le admitted that the most intense criticism came from retail investors and "crypto anarchists," while institutional shareholders were not unsettled by it."We will sell when it benefits common stock shareholders." Currently, Bitcoin is priced at about $61,600, down over 40% from last October's peak of $126,198, and MSTR's stock price has fallen about 67% from its 52-week high. As of the end of May, Strategy held 845,256 BTC and resumed purchases in early June.

Sui posted on platform X that confidential transfers have been opened for public testing on Sui Devnet, with transfer amounts and balances being private information, and having controllable visibility for compliance and auditing.

According to Bloomberg, the Bank for International Settlements (BIS) and its partners are about to launch a real-value transaction test for the digital cross-border payment project Project Agorá. This project involves the BIS, seven central banks, and more than 40 regulated institutions, including the New York Fed, the European Central Bank, the Bank of Japan, the Bank of England, as well as JPMorgan, UBS, Deutsche Bank, and others.The prototype adopts the concept of a "unified ledger," utilizing blockchain technology to complete interbank transfers between different countries in seconds, trading in an "atomic" manner. The system retains existing sanctions enforcement and anti-money laundering screening mechanisms. The BIS stated that tokenization can safely and effectively address the inefficiencies of wholesale cross-border payments. The Bank of Canada has joined the project, and more private institutions are expected to join as well.

The cryptocurrency market was at a critical juncture on Wednesday. After failing to break through $78,000 on Tuesday, Bitcoin's price has fallen below the $76,000 "bear market boundary" defined by Tom Lee, now approaching the support level of $75,000. Ethereum also retreated after reaching $2,150 on Tuesday, falling towards the $2,000 support, and then rebounding around $2,050. AI concept tokens RENDER, FET, and NEAR have given back most of their gains from Tuesday.Market performance diverges significantly from U.S. stocks. The S&P 500 and Nasdaq 100 index futures both hit all-time highs, rising about 0.3%. In the derivatives market, cryptocurrency futures trading volume surged 54% to $201 billion within 24 hours, with liquidation volume skyrocketing by 87%, but this mainly reflects the market's restart after the U.S. holiday. Bitcoin open interest climbed to 740,000, with a negative cumulative trading volume difference over 24 hours, indicating that traders are actively shorting through market orders. Ethereum's open interest reached a historic high of 15.57 million, but the trading volume difference is also negative, suggesting that traders are shorting contracts to bet on deeper declines after the critical technical support trendline was breached. The 30-day implied volatility index for Bitcoin rebounded from a year-to-date low, rising nearly 3% to 37.35%, indicating that the market is beginning to seek protection against potential price declines.

On May 14, BNB Chain released the "BSC Post-Quantum Cryptography Migration Report," stating that it has completed the migration testing for quantum-resistant cryptography for transaction signatures and the consensus layer, using the NIST standardized post-quantum signature algorithm ML-DSA-44 (Dilithium) and the pqSTARK aggregation scheme.The report shows that BSC has replaced transaction signatures from ECDSA to ML-DSA-44 and switched consensus voting aggregation from BLS12-381 to pqSTARK to address the potential threats posed by future quantum computing to the existing elliptic curve cryptography system. However, post-quantum signatures also significantly increase the on-chain data volume: the size of a single transaction has increased from about 110 bytes to approximately 2.5KB; the block size in a 2000 TPS scenario has increased from about 130KB to around 2MB; and the TPS in the testing environment has decreased by about 40%-50%.BSC stated that the current network bottleneck mainly comes from the larger transaction data propagation, rather than the consensus protocol itself. Meanwhile, the consensus layer aggregation still maintains high efficiency, with pqSTARK achieving a signature compression ratio of about 43:1, and the additional burden on validators remains within a controllable range. The report concludes that existing technology can achieve "quantum-resistant" deployment for blockchain, but future issues related to network bandwidth and data scalability still need to be addressed.

Alibaba (09988.HK) mentioned in its financial report that it is continuously expanding the boundaries of AI capabilities through deep innovation. Recently, by launching a series of brand new large language models and multimodal models, we have made significant progress in model intelligence. In March, we released Qwen3.6-Plus, achieving a remarkable overall performance improvement, particularly excelling in programming and agent programming, becoming an industry benchmark in front-end web development and complex warehouse-level tasks.Qwen3.6-Plus also possesses stronger multimodal perception and reasoning capabilities, with a native context window length supporting up to 1 million tokens, further enhancing stability and reliability. In addition to the Qianwen model family, we are also continuously enriching our specialized model layout, including the world model HappyOyster that supports real-time creation and interaction, as well as the multimodal model HappyHorse for video generation, both of which are currently undergoing gray testing.

According to CoinDesk, the Solana core development team Anza announced that a major consensus mechanism upgrade codenamed Alpenglow has gone live on the community test network, allowing validators to switch from the current Proof-of-Stake + Proof-of-History + TowerBFT architecture to the new consensus framework in the test cluster.The upgrade aims to significantly shorten transaction finality time and improve network response efficiency by restructuring the validator communication and block confirmation process. This test marks that validators can now perform the "Alpenswitch" migration operation in a real environment. Solana co-founder Anatoly Yakovenko previously stated that if the testing goes smoothly, Alpenglow is expected to be deployed to the mainnet as early as next quarter.

Spot gold has rebounded significantly after falling to $4500 on May 4, rising again by 2.3% this morning. The price of GOLD on Hyperliquid is currently reported at $4651, having tested this price level three times in the past seven days.In this round of increase, the well-known short-selling institution Abraxas Capital on Hyperliquid has turned from profit to loss, with an average short position price of $4650 for its 5x leveraged GOLD short position, amounting to $22 million. It is now the top holder of short positions in on-chain gold. Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.

According to information from the Hyperliquid testnet, the platform is testing new event contracts, including a 15-minute cryptocurrency rise and fall market.

According to Bloomberg, Hyperliquid is proposing to add a prediction market feature to its platform, directly competing with Kalshi and Polymarket.The proposal, numbered HIP-4, is currently in the public testing phase and will allow users to place bets on the outcomes of real-world events on the Hyperliquid platform. Hyperliquid is one of the most active trading venues in the current digital asset space, and the speed and scale of its product expansion have attracted widespread attention from Wall Street.