Arthur Hayes' associated address has once again increased its ETH holdings by 1,400 coins, bringing the total holdings to 4,400 ETH.

On June 17, Matter Labs co-founder and CEO Alex Gluchowski posted on X to announce the blockchain infrastructure company is downsizing its team, alongside explaining the reasoning behind the layoffs. Since 2024, Matter Labs has focused its efforts on developing products for regulated financial institutions, including incubating Prividium, its enterprise-grade privacy infrastructure project. The company has now fully shifted all its resources to this strategic direction, with the central goal of delivering privacy-focused on-chain infrastructure for both enterprises and regulated financial firms. As the business has progressed, customer needs have become more defined, requiring a skill set that differs significantly from what the team had during earlier stages of the company’s operations. This round of layoffs is a direct result of aligning the team with these new requirements. Gluchowski emphasized that every employee let go is a top-tier engineer, designer, or operational talent, an

June 17: Roborock Technology (300757) announced that its wholly owned subsidiary FSG is collaborating with NVIDIA to co-develop manufacturing and testing solutions for next-generation Co-Packaged Optics (CPO) and optical interconnect technologies. The initiative aims to accelerate the industrialization of advanced silicon photonic devices and optical engines to support demand for AI deployments. In reaction to the news, Roborock’s stock climbed during the opening call auction at 9:23 a.m. local time, trading at 695 yuan—up 45 yuan, or 6.92%, from its previous close. The average opening price hit 650 yuan, giving the company a market capitalization of 116.49 billion yuan. At one point, the stock neared its 20% daily price limit of 780 yuan in the opening auction. However, the company flagged a critical risk in its announcement: The next-gen products and technologies are still in the co-development stage with customers, have not been commercialized, and Roborock currently holds no rela

June 17th: Zhizhi (02513.HK) announced today the launch and open-sourcing of its GLM-5.2 model. On the frontend development assessment platform CodeArena, with participation from millions of users worldwide, GLM-5.2 has achieved top performance among all globally available models. Designed specifically for long-range task capabilities, GLM-5.2 comes with the following new features: - 1M context window, providing stable support for long-range tasks; - Enhanced sensory experience and improved practical coding abilities; - Optimized infrastructure, enabling smooth operation on domestic computing power platforms from day one; - MIT open-source license, free from geographic restrictions, to promote cross-border technological equality. The 1M context window forms the core of GLM-5.2’s long-range performance. Multiple long-range task benchmarks show GLM-5.2 ranks between Claude Opus 4.7 and 4.8, making it the highest-performing open-source model globally. GLM-5.2’s online inference is suppo

On June 17, Base—Coinbase’s layer-2 blockchain network—officially announced an upcoming major upgrade called Beryl, headlined by the launch of Base’s native token standard B20, which is designed to deliver a more robust infrastructure for on-chain asset tokenization. The B20 standard brings three core enhancements: faster settlement speeds, lower transaction costs, and a structured settlement mechanism. Base states these upgrades will enable global financial assets to function on its chain as "programmable capital," fully leveraging the transparency, composability, and liquidity advantages of on-chain infrastructure. Base emphasizes it positions itself as a neutral, open-source blockchain infrastructure, where related products and features can be developed by either Coinbase or third parties building on Base. Neither Coinbase nor Base acts as an issuer, investment advisor, broker, or underwriter for any third-party assets or transactions.

FTX founder Sam Bankman-Fried (SBF) is currently serving a 25-year prison sentence for fraud and conspiracy at California’s Lompoc Federal Correctional Complex, with key legal proceedings tied to March 2024. This June, the U.S. Second Circuit Court of Appeals rejected his latest appeal, cutting off additional legal recourse. Around the same time, SBF filed a formal presidential pardon application, and prediction market Polymarket puts his odds of securing a pardon by 2027 at roughly 14%. Supporters are pushing for SBF’s release through multiple channels: his parents have hired two Republican lobbyists to lobby the incoming Trump administration, his mother Barbara Fried posts regularly on Substack proclaiming his innocence, and an anonymous website (freesbf.org) plus several X accounts are rallying public support. But obstacles to a pardon are mounting: Trump himself stated earlier this year he has "no plans" to pardon SBF, and prominent pro-crypto Republican Congresswoman Cynthia Lumm

On June 17, Polymarket CEO Shayne Coplan announced that the prediction platform is marking its 6th anniversary. Looking back on the project’s original vision and how the industry has evolved since launch, Coplan expressed gratitude for getting to keep building around the core concept of “information markets.” He noted that seeing the concept gain global adoption has been “awe-inspiring,” while acknowledging the sector still has significant room to mature. For the anniversary, Coplan shared a throwback post from June 2020—when Polymarket rolled out its public beta. At that time, the platform positioned itself as an on-chain information market with USDC settlement, covering topics like the COVID-19 pandemic, politics, and cryptocurrency. It was billed back then as “an unprecedented trading experience on Ethereum.” Analysts point out that the prediction market space, led by platforms like Polymarket, has expanded rapidly in recent years, shifting from early crypto-focused experimental p