Circle to Mint 250 Million USDC on Solana

June 12 — According to Zcash core developer Sean Bowe’s latest update, the Zcash “Ironwood” upgrade has made substantial progress over the past 48 hours. The protocol development team held two cross-organization meetings and reached a consensus on both the upgrade specifications and implementation roadmap. Technical adjustments confirmed by the team include: disabling Orchard pool bundles in Coinbase transactions, using anchors as authentication data during the migration process to optimize hardware wallet user experience, and clarifying the handling order for ZIP documents and protocol specifications. The Ironwood circuit and ZIP 2005 integration draft are now entering the review phase. On the development front, the Valar Group has deployed a testnet environment and completed key work on wallet-related feature implementations. The team is also drafting the Ironwood upgrade release notes for future auditors, wallet developers, and protocol participants. For security audits: multiple

June 12 — Forbes reports SpaceX, OpenAI, Anthropic, and other AI and aerospace-focused firms are advancing toward initial public offerings (IPOs), with their combined valuation poised to hit trillion-dollar levels, potentially spurring one of the largest wealth release cycles in Wall Street history. As leading tech companies launch or prep for IPOs, scores of employees and early investors will receive major liquidity windfalls, likely birthing a new cohort of billionaires and kickstarting a fresh expansion for venture capital. Analysts say this IPO wave could dramatically improve capital circulation in Silicon Valley and the San Francisco Bay Area, driving growth in angel investing, startup funding, and high-risk innovative projects — ultimately accelerating the expansion of the broader AI ecosystem. The report draws on historical tech cycle parallels: like the PayPal Mafia that emerged after PayPal’s sale, which went on to launch transformative firms including Tesla, LinkedIn, and

June 12 — The Bank of Japan (BoJ) is set to hold its pivotal monetary policy meeting next week on Tuesday, and markets are overwhelmingly pricing in a 25-basis-point rate hike that would lift rates to 1% — the highest level for Japan’s benchmark rate since 1995 — marking another step in the country’s monetary policy normalization. But uncertainty surrounding the meeting has spiked sharply. BoJ Governor Haruhiko Kuroda is sidelined by health issues, will skip both the policy meeting and the post-meeting press conference. Deputy Governor Masayoshi Amamiya will step in for key communications duties, stoking investor jitters over possible shifts to the central bank’s policy language and forward guidance. The USD/JPY pair recently climbed briefly above 160, touching a near two-year high and coming perilously close to levels that would likely trigger yen-buying intervention. Traders broadly agree that, given markets have already fully priced in the expected rate hike, the real focus will b

On June 12, European Central Bank (ECB) board member Negearl stated that all policy options for July remain on the table, with the ECB prepared to take additional action if needed as the economic situation evolves. He noted that high energy prices are exacerbating their indirect impact on prices of other goods and services, making a rate hike necessary in the current environment, according to FXStreet.

June 12 – Micron Technology posted a strong 11.7% gain in Thursday’s closing trading, triggering stabilization and a rebound across the global memory chip sector and reigniting market optimism about the storage cycle’s long-term sustainability. A Morgan Stanley analyst labeled the recent pullback a phased retreat within an upward cycle—not a full trend reversal. He emphasized that ongoing buildout of artificial intelligence (AI) infrastructure is driving surging DRAM demand, with storage standing as a critical bottleneck for expanding AI computing power. Research shows DRAM prices have now entered a steep upward trajectory, and some long-term supply agreements are starting to lock in production capacity. This shift is moving the industry away from a spot-driven model toward one dominated by contracts, a change that could reshape how the storage sector is valued. Wolf Research similarly noted that AI data center demand is vastly outpacing supply growth, meaning DRAM and NAND prices w

On June 12, data from Onchain Lens shows that the crypto address '0xC5A' withdrew 73,485 HYPE tokens from Gate Exchange over the past 24 hours, worth approximately $4.34 million.