The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

June 6: The Monad development team at Category Labs has proposed MIP-12, which would shorten the network’s consensus vote pace from the current 400 milliseconds to 300 milliseconds—aimed at accelerating block confirmation speeds and improving consensus efficiency. The proposal includes multiple parameter adjustments: the transaction cap will be reduced from 5,000 to 3,750 transactions, the block proposal gas limit will drop from 200 million to 150 million, and the proposal byte limit will be lowered from 2 million bytes to 1.5 million bytes. To align with the faster block generation cadence, the block reward will also be cut from 25 MON per block to 18 MON. Category Labs clarified that these changes won’t impact client-side execution, but they require a hard fork to implement due to consensus layer parameter modifications. The proposal argues a faster voting pace will help secure a quorum more quickly, speeding up block formation. As of now, MIP-12 remains in the draft stage.

June 6: On-chain sleuth ZachXBT called out BitMEX co-founder Arthur Hayes for flip-flopping on his crypto takes and dumping tokens rapidly, questioning how much "exit liquidity" he racked up from his followers over the past few days. Prior to Worldcoin (WLD), Hayes had voiced bullish stances on tokens like NEAR, HYPE, and ZEC—then turned around to repeatedly hammer a strong bull case for WLD, setting a price target far above its current level. But he bailed on his WLD position quickly. Hayes clapped back, saying he just sold at market price to willing buyers per his trading targets. He added that if WLD’s price had kept climbing, folks would’ve written off his sell-off as a bad call, noting, “This time, my judgment just happened to land right.” ZachXBT then reposted Hayes’ old WLD bull comments, calling out his swift exit after hyping the token so publicly—sparking a wider community debate about crypto influencers’ market clout and the “exit liquidity” issue. For context, Hayes had

June 6: SonicDAO co-founder Andre Cronje shared that during a sharp market pullback on derivatives platform FT (FlyingTulip), the protocol’s equity-based account borrowing model only saw roughly $50,000 in total liquidation volume. The platform’s use of net risk calculations (instead of a standard loan-to-value, or LTV, framework) paired with a soft liquidation mechanism meant the average liquidation per position was just $200 to $2,000. Cronje emphasized that under a traditional LTV-based lending system, liquidation volume during that same market turbulence would have been 10 to 20 times larger. He explained that the equity-based account model enables risk netting and cuts down on market impact through soft liquidations, delivering a borrowing experience that’s safer, less volatile, and involves smaller discounts compared to traditional alternatives.

June 6 (Forbes) – While financing for the traditional cloud security space is cooling, the AI security track is emerging as a top target for investors in 2025. Data shows only 15 cloud security firms secured funding last year, compared to 144 rounds for AI security-related startups – making this sub-market the most active in cybersecurity overall. Analysts note investors aren’t betting on AI applications themselves; instead, they’re focused on the sustainable operational costs tied to AI use, including core infrastructure needs like compliance, identity management, verification, and governance. This type of spending acts like a utility: even if an AI project falls short of expected returns, companies still have to cover these mandatory security and regulatory expenses. A high-profile example underscores this trend: Google’s $3.2 billion acquisition of cloud security firm Wiz this year marks its largest purchase in history. Wiz hit over $1 billion in annual recurring revenue (ARR) in

On June 6, Iran’s Tasnim News Agency reported that Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, has stated that any memorandum of understanding (MOU) signed with the United States must include an immediate unfreezing of at least 50% of Iran’s frozen assets. Gharibabadi emphasized that Tehran will only accept a final draft agreement if it fully addresses Iran’s interests and concerns. He added that Iran insists the minimum 50% of these funds be released right after the MOU is signed, with the remaining assets to be unfrozen within one to two months of the deal taking effect. These assets, per Gharibabadi, were illegally frozen by the U.S.—making their release a core, non-negotiable requirement for any potential understanding. He noted that technical and financial details related to the remaining unfreezing process will be further negotiated during the 60-day implementation period following the MOU’s signing.

On June 6, despite market chatter that some retail investors might offload Bitcoin to participate in SpaceX’s landmark $75 billion IPO, stablecoin flow data and on-chain metrics indicate no signs of large-scale fund exodus from the crypto sector. SpaceX’s IPO is valued at roughly $1.8 trillion, with up to 30% of shares allocated to retail investors via platforms including Robinhood, Fidelity, and Charles Schwab—far higher than the standard 10% individual investor allocation for traditional IPOs. Since the roadshow kicked off, subscription demand has outstripped the offering’s size. Data reveals USDT and USDC outflows have stayed within normal bounds since February, with no signs of abnormal redemptions or supply contraction. Conversely, on June 6, roughly 66,470 BTC and 2.49 million ETH saw net outflows from exchanges: a sign more investors are moving assets to private wallets, pointing to a buy-the-dip trend rather than mass cashing out. That said, on-chain data does not capture tr