Odaily News Ethereum Foundation Co-Executive Director Hsiao-Wei Wang stated in an interview with CoinDesk that Ethereum is steadily progressing towards a future where zero-knowledge cryptography becomes a core component of the network. Hsiao-Wei Wang described zero-knowledge as part of Ethereum's medium-term roadmap, noting that several breakthroughs have been achieved over the past one to two years. While the current upgrade focus remains on improving the execution and blob space of Layer 2 networks, zero-knowledge as a protocol-level feature is becoming increasingly feasible. Ethereum researchers have already released a plan for a native zkEVM, which would allow the network to verify transactions using zero-knowledge proofs by default. This technology could significantly reduce the workload required to secure Ethereum, enabling scaling without sacrificing decentralization or reliability. Hsiao-Wei Wang emphasized that even as the network continues to evolve, resilience, security, censorship resistance, and neutrality remain the core tenets of Ethereum.

Odaily News USDT has become deeply entrenched in Venezuela, with the state oil company using it to evade sanctions and citizens adopting it as a dollar substitute during hyperinflation. Analysts expect stablecoin usage to persist even after the arrest of Nicolás Maduro. Tether stated that the company complies with U.S. and international sanctions and cooperates with authorities to freeze wallets associated with illicit activities when necessary. (Wall Street Journal)

Odaily News: Among the 37 million hotline calls handled by the Russian Social Fund in 2025, there has been a significant increase in non-standard inquiries related to cryptocurrency. The inquiries primarily focus on whether Russian citizens can receive their pensions in cryptocurrency and whether cryptocurrency mining income will be included in social benefit calculations. The fund responded that all pensions and social payments are disbursed in rubles, and matters concerning cryptocurrency-related taxes and income fall under the purview of the Russian Federal Tax Service. Additionally, a Chainalysis report shows that Russia received $376.3 billion in cryptocurrency between July 2024 and June 2025, making it the largest cryptocurrency market in Europe. Currently, the Russian central bank has proposed allowing retail investors to purchase up to 300,000 rubles worth of specific cryptocurrencies annually, subject to passing a test.

Odaily News: During a discussion with oil executives in the White House East Room regarding control over Venezuela's energy industry, US President Trump wore a small badge named "Happy Trump" on his suit lapel. The badge was positioned below the traditional American flag pin and featured a cartoonish, exaggerated expression with a large head. The US President stated that the badge was a gift from someone else and remarked that although he is never satisfied, the badge is called "Happy Trump." Previously, he had worn a badge of the same design at the swearing-in ceremony for Tulsi Gabbard in February. Additionally, FCC Chairman Brendan Carr had also worn a gold-colored badge featuring the profile of the US President in April.

1. $2.1 million worth of TRADOOR was withdrawn from a CEX and subsequently distributed to 10 newly created wallets;

2. CryptoQuant Founder: X platform would rather restrict crypto content than improve bot detection;

3. X is developing a smart asset tag feature that can display real-time prices and contract information for associated assets;

4. Kweichow Moutai establishes a digital technology company, with business scope covering blockchain technology services;

5. Machi Big Brother opens a new 10x leveraged long position on ZEC, with current overall position floating loss of approximately $410,000;

6. Data: MetaMask Predictions market has been live for nearly a month, with nominal trading volume only at $700,000, less than 1/10 of Phantom wallet's trading volume;

7. CZ: UAE has been using government resources to mine Bitcoin for some time;

8. Data: TornadoCash business addresses received a total inflow of 693,412 ETH in 2025, valued at approximately $2.5 billion; net capital inflow about $1.4 billion;

9. Probability of Trump facing impeachment again during his term rises to 57% on Kalshi, hitting a new high;

10. Vitalik Buterin: Ethereum needs better decentralized stablecoins;

11. ETH breaks through 3100 USDT, with a 24H gain of 0.43%.

Odaily News According to Arkham monitoring, in the past ten minutes, an address associated with Polygon deposited a total of 20 million POL, worth nearly $3.5 million, into addresses belonging to Binance and GSR Markets.

Odaily News Gate has launched "Life K-line" perpetual contract trading (USDT-settled), supporting 1-20x leverage. Gate Perp DEX has been simultaneously launched.

Odaily News According to onchainschool monitoring, approximately three hours ago, TRADOOR tokens worth $2.1 million were withdrawn from the cryptocurrency exchange Bitget. Subsequently, these tokens were distributed to 10 newly created wallets, and further withdrawal transactions may follow.

Odaily News CryptoQuant founder Ki Young Ju stated that the X platform is suppressing the reach of cryptocurrency-related posts while failing to curb the surge of automated spam, effectively punishing legitimate users. Data shows that automated activity related to the keyword "crypto" has surged, generating over 7.7 million posts in a single day. Ki Young Ju pointed out that the X platform cannot distinguish between automated accounts and real human accounts, and its paid verification system has become a mass-posting tool for bots.

X platform's Product Lead, Nikita Bier, responded to this, stating that the visibility issues for the crypto community partly stem from users excessively posting low-value content, such as repeatedly sending "gm," which dilutes an account's daily reach. In response to these remarks, Ki Young Ju countered that it is absurd for the X platform to prefer banning crypto content over improving bot detection. Currently, the X platform remains a primary real-time communication hub for the crypto industry.

Odaily News: Nikita Bier, X's product lead and Solana advisor, posted that X is the best source for financial news and is currently developing Smart Cashtags. This feature allows users to specify a particular asset or smart contract when posting market-related content on X. Users can click on these tags in their timeline to view the real-time price of the relevant asset and all information mentioning that asset. The feature is planned to be iterated upon and collect feedback before its public release next month. Previously, Nikita Bier joined X as product lead in mid-2025.

Odaily News Guizhou Moutai recently established iMoutai Digital Technology Co., Ltd., with a registered capital of 600 million yuan. The company's business scope includes blockchain technology-related software and services, industrial internet data services, internet live streaming technology services, etc., and is wholly owned by Guizhou Moutai. (Cailian Press)

Odaily News Hyperbot data shows that Machi Big Brother opened a new 10x leveraged ZEC long position 10 minutes ago. The current position is 888.88 ZEC with an average entry price of approximately $378, resulting in a floating loss of $893. Currently, his overall position has a floating loss of approximately $410,000. His existing 25x leveraged Ethereum long position holds 10,900 ETH with a floating loss of $409,113; the 10x leveraged HYPE long position currently holds 9,888.88 HYPE with a floating loss of $833.

Odaily News CZ retweeted a post on X platform showing that 1 BNB's earnings in 2025 is $71.5. Based on BNB's average price in 2025, the dividend yield is approximately 10%, making it the strongest "golden shovel" in the crypto space. BNB has far surpassed US stock dividends and is the only token among BTC, ETH, BNB, and SOL to have gained in 2025.

Odaily News According to a post by Dash, founder of Paymentscan, on the X platform, Dune dashboard data shows that MetaMask's prediction market has been live for nearly a month, with a daily active user base of approximately 300 to 400 people and a nominal trading volume of only $700,000. MetaMask's trading volume is about one-third to one-sixth of Phantom's perpetual contract volume on Hyperliquid, while its prediction market volume is less than one-tenth of Phantom's.

Odaily News CZ posted on platform X, stating that according to his understanding, the UAE has been using government resources to mine Bitcoin for some time. Previously, Vivek Sen posted that the UAE has now officially begun using government resources to mine Bitcoin.