24H Hot Coins & Headlines｜Ethereum Foundation Announces Restructuring and Layoffs of ~20%; Strait of Hormuz Allows Only a Limited Number of Ships to Pass Daily (June 24)
- Core Viewpoint: This news update indicates that the cryptocurrency market is under overall pressure, with mainstream coins broadly declining. Simultaneously, the Ethereum Foundation is undergoing a major restructuring and layoffs; traditional finance and AI giants are accelerating their adoption of cryptocurrency and cybersecurity, reflecting a complex trend of simultaneous internal adjustments and external integration within the industry.
- Key Elements:
- Market Performance: Popular coins on CEXs generally fell, with WLD seeing the largest drop (-14.26%); on the gainers' list, DYDX (+13.4%) and G (+13.32%) led.
- Institutional Changes: The Ethereum Foundation is restructuring into five main segments and laying off 20% of its staff (approximately 54 people) to optimize its structure.
- AI Security Competition: OpenAI has launched GPT-5.5-Cyber, which outperformed Anthropic's Mythos 5 in vulnerability reproduction tests.
- Prediction Market Explosion: Meta is developing the app Arena, and CBOE has launched the Predicts platform, competing with prediction markets like Polymarket.
- Regulatory Developments: South Korean regulators are focusing on the risks of leveraged ETFs, which could impact market stability; the US Senate is advancing a legislative framework for cryptocurrency taxation.
- Active Investment and Financing: Blockchain data company Allium has secured $40 million in Series B funding, and on-chain trading ecosystem TurboFlow has raised $6 million in seed funding.
1. Popular Coins on CEX
CEX Top 10 by Trading Volume & 24h Change:
- BTC: - 2.3%
- ETH: - 3.77%
- TAO: -2.7%
- SOL: - 3.25%
- XRP: - 1.91%
- ZEC: - 6.56%
- WLD: - 14.26%
- BNB: -2.25%
- MEGA: - 3.3%
- SPACEB: + 1.16%
- DOGE: - 3.54%
24h Gainers (Data Source: OKX):
- DYDX: + 13.4%
- G: + 13.32%
- DEGEN: + 8.25%
- GRASS: + 7.04%
- BASED: + 5.11%
- ALGO: + 4.32%
- DASH: + 4.27%
- DOOD: + 4.06%
- RESOLV: +4.03%
- KAT: + 3.68%
24h Stock & Crypto Gainers (Data Source: msx.com):
- INFQ: 18.63%
- MSTZ: 15.68%
- ZSL: 13.45%
- QNT: 12.48%
- SOXS: 11%
- ABTS: 10%
- HIVE: 9.86%
- NVDQ: 9.72%
- NVO: 9.52%
- SMCI: 9.39%
2. Trending Meme Coins On-Chain (Data Source: GMGN):
- Solana: three、QUEST
- BSC: MAME、棱角猫
Top News
Iranian Media: Strait of Hormuz Only Allows a Certain Number of Ships to Pass Daily
Odaily News: According to Iranian media outlet Fars News, military sources stated that the Strait of Hormuz only allows a certain number of ships to pass each day, with the specific number adjusted based on daily circumstances. (Jin Shi)
Ethereum Foundation: Restructures, Lays Off ~20% of Staff
Odaily News: According to official sources, the Ethereum Foundation has completed a months-long restructuring. It has now been reorganized into five business sectors: Protocol Layer, Access Layer, User Layer, Community Layer, and Institutional Layer, along with operations and management support teams.
Due to these structural, activity, and spending adjustments, the Ethereum Foundation has laid off 54 employees, approximately 20% of its total staff. The foundation will provide severance pay and transition support for departing employees, with severance calculated as one month's salary for each year of service at the Ethereum Foundation, or the higher amount as required by local statutory standards.
AP: Anthropic's Mythos Model Found Vulnerabilities in U.S. Government Secret Systems
Odaily News: Anthropic's cybersecurity system, Mythos, discovered vulnerabilities in classified U.S. government systems during testing. (Jin Shi)
Odaily News: Binance co-founder He Yi stated on social media that CoinUp operator Zhu Pan once impersonated someone else in an attempt to scam her, but failed.
He Yi also revealed that Zhu Pan had previously impersonated her to scam TRON founder Justin Sun.
CoinUp: Zhu Pan is Not a Platform Member, Only a Project Party for a Listed Project
Odaily News: CoinUp responded to the topic of "CPX price fluctuations and related personnel identities," stating that Zhu Pan is not a member of the CoinUp platform and does not participate in the platform's core operation and management. His identity is merely the project party for a project listed on the CoinUp platform.
Regarding the recent short-term sharp fluctuations in the CPX/USDT trading pair, CoinUp stated that the preliminary judgment is it was mainly caused by concentrated market selling pressure, and the platform is further investigating and verifying the specific reasons.
CoinUp also emphasized that the platform has not been subjected to hacker attacks, data breaches, or system exploits, and its wallet system, account system, and asset custody services are currently in a safe and controllable state.
Industry News
Odaily News: Recently, Lee Chan-jin, head of South Korea's Financial Supervisory Service, stated they are considering separate stabilization measures for single-stock leveraged ETFs. At a press conference on June 22, 2026, Lee Chan-jin said the negative effects of single-stock leveraged ETFs have intensified. Besides strengthening trading behavior monitoring, regulators are considering other market stabilization measures to hedge the cascading risks from volatile single-stock leveraged ETFs tracking SK Hynix and Samsung Electronics. Lee Chan-jin stated, "I am deeply concerned that ordinary investors find it difficult to achieve substantial returns, while the profit dividends fall entirely into the pockets of the operating institutions."
On May 27, 2026, single-stock leveraged ETFs with Samsung Electronics and SK Hynix as underlying assets were listed on the local Korean exchange, attracting a frenzy of market funds. According to FSS statistics, the total market cap of such single-stock leveraged ETFs doubled from KRW 4.5 trillion on listing day to KRW 9.6 trillion by June 12. The average daily turnover rate for these ETFs was as high as 122.5%, far exceeding the 30.2% turnover rate of other leveraged and inverse ETFs. (Caixin)
Possibly affected by this news, South Korea's KOSPI index once plummeted 7% today, triggering a circuit breaker.
Odaily News: On Monday, investors sold off "Magnificent Seven" stocks widely, and SpaceX also fell 16%, marking its third consecutive daily decline. "Anything related to AI and technology remains a focus for retail investors. They were actively trading individual stocks before, but they are not as aggressive now."
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, said, "This isn't a loss of interest in the overall tech or AI sector, but a shift in trading methods. I think there is currently a greater focus on broader ETF trading, rather than buying and selling individual stocks."
Sonders also stated that corporate earnings remain the most important fundamental factor supporting stocks. (Jin Shi)
OpenAI Releases Full GPT-5.5-Cyber Model, Scores Higher than Mythos 5 on CyberGym Benchmark
Odaily News: OpenAI announced an upgrade to its Daybreak cyber defense toolchain and officially launched the full GPT-5.5-Cyber model designed for cybersecurity defense scenarios.
In the CyberGym benchmark test evaluating AI agents' ability to reproduce known vulnerabilities, GPT-5.5-Cyber achieved a single-model score of 85.6%, surpassing GPT-5.5's 81.8% and Anthropic's Mythos 5's 83.8%.
OpenAI stated that as AI significantly improves vulnerability discovery efficiency, the core bottleneck in cybersecurity is shifting from "finding vulnerabilities" to "automating vulnerability remediation." To this end, the company has simultaneously upgraded the Codex Security plugin, allowing developers to automatically analyze vulnerabilities and generate fix patches within the Codex environment. Since the preview release in March this year, Codex Security has scanned over 30 million code commits and automatically confirmed fixes for 500,000 security flaws. The new version also supports CodeQL query integration and SARIF standard file export.
Additionally, OpenAI, in collaboration with Trail of Bits, HackerOne, and others, launched the "Patch the Planet" open-source security project, providing ChatGPT Pro subscriptions and API credits to over 30 mainstream open-source projects like cURL and Go, with manual patch quality verification by expert security teams. Regarding the Daybreak partner program, security vendors like Palo Alto Networks and Wiz have already integrated the relevant capabilities.
Meta Develops Prediction Market App Called Arena
Odaily News: Meta CEO Mark Zuckerberg recently dispatched a team to develop a smartphone application called Arena. This app is independent of Facebook and Instagram and aims to compete with major prediction markets like Polymarket and Kalshi.
The app is currently in internal development and is experimental in nature. Users will not wager real money but will rely on a points system similar to video games. However, the possibility of eventually using real currency for betting is not ruled out. Additionally, Meta is testing another standalone app called Meta Photos, which will use AI technology to create new forms of media. Meta has declined to comment on this. (New York Times)
CBOE Launches Prediction Platform "CBOE Predicts"
Odaily News: The Chicago Board Options Exchange (CBOE) has launched the prediction platform "CBOE Predicts," listing its first batch of products in a new prediction market series. (Jin Shi)
Cathie Wood's ARK Invest Adds Over $21 Million in SpaceX Shares
Odaily News: Walter Bloomberg posted on X that ARK Invest added over 210,000 SpaceX shares worth at least $32 million after SpaceX's stock price fell 16%. This addition is ARK's subsequent position increase after SpaceX's IPO, with Cathie Wood viewing the sell-off as a buying opportunity.
Despite the recent price decline, SpaceX's share price remains above its $135 IPO price.
Franklin Templeton Completes Acquisition of 250 Digital, Forms New Crypto Division Franklin Crypto
Odaily News: Franklin Templeton announced the completion of its acquisition of 250 Digital, an active crypto investment management firm, and the formation of a new division named Franklin Crypto. The asset manager, which manages $1.7 trillion in assets, did not disclose the financial terms of the deal. The new division aims to provide actively managed crypto strategies for institutional investors.
The new unit combines the investment capabilities of the former 250 Digital team with Franklin Templeton's global distribution channels. As part of the closing agreement, Franklin Templeton will also invest its own capital in these liquidity strategies. The new unit absorbed the entire 250 Digital investment team and all liquidity crypto strategies previously operating under CoinFund. Crypto industry veterans Christopher Perkins and Seth Ginns will co-lead the new division. (CoinDesk)
F2Pool Co-founder Wang Chun Adds $4.57 Million in BTC and ETH
Odaily News: According to monitoring by on-chain analyst Ai Yi, F2Pool co-founder Wang Chun (@satofishi) added $4.57 million worth of BTC and ETH in the past 24 hours, withdrawing 50 WBTC at $62,260 and 822.51 ETH at $1,771.89.
Project News
Odaily News: The decentralized lending protocol Goldfinch community has published a proposal titled "Approving Goldfinch Operations & Maintenance and Gradual Liquidation of Goldfinch Prime." Voting ends tomorrow, with a current approval rate of 100%.
Proposal contents include the orderly wind-down of Goldfinch Prime's business operations and transitioning Goldfinch into "maintenance mode." Subsequent work priorities include supporting the ongoing liquidation of historical borrower pools, maintaining access to the historical version application so users can continue claiming repayments and principal, and completing the foundation's shutdown and related administrative obligations.
Additionally, Warbler Labs will receive a fixed service fee of $150,000, with $100,000 new budget allocation and $50,000 from the reallocation of a previously approved operating budget. These funds will support the liquidation of Goldfinch Prime and the foundation, business transition, and technical and operational maintenance of the historical borrowing pool for the next two years or more.
Previously, Goldfinch completed a $25 million funding round in 2022 led by a16z.
Odaily News: Taiko posted on X: "We have identified the root cause of this attack and are currently developing a fix patch to restore the blockchain's online operation as soon as possible. Simultaneously, we are working closely with major exchanges and security partners to track and freeze the hacker's assets. The remaining funds in the cross-chain bridge are currently safe. We will announce next steps in a future update. To focus on fixing the vulnerability and protecting user assets, updates will be paused for a few hours."
Previously reported, the Taiko cross-chain bridge suffered an attack, with losses potentially reaching up to $1.7 million.
Investment and Fundraising
Blockchain Data Analytics Firm Allium Raises $40 Million
Odaily News: Allium, a blockchain data analytics firm, announced the completion of a $40 million Series B funding round led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures.
The project's main business involves providing blockchain data analysis services. It currently has 50 employees, and its data sources have been adopted by institutions including Visa, the U.S. Federal Reserve System, Coinbase, and Andreessen Horowitz. (Fortune Magazine)
On-Chain Trading Ecosystem TurboFlow Completes $6 Million Seed Round Led by Pantera Capital
Odaily News: According to official sources, the on-chain trading ecosystem TurboFlow announced the completion of a $6 million seed funding round led by Pantera Capital, with strategic participation from quantitative trading giant Susquehanna Crypto (SIG Crypto) and Digital Currency Group (DCG). The funding will be used to integrate perpetual contracts and prediction markets into a high-performance platform, making sophisticated trading products accessible to a wider audience.
It is reported that TurboFlow is an on-chain trading ecosystem that merges perpetual contracts and prediction markets, aiming to provide professional-grade market infrastructure for retail users.
Regulatory Policy
