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Bitcoin Core 31.0 - privatebroadcast feature has a privacy vulnerability
Bitcoin Core 31.0's -privatebroadcast has a privacy vulnerability: when IPv4/IPv6 node handshake fails with BIP324 v2 enabled, it falls back to v1 direct connection, exposing the transaction originator's IP without Tor. Affected are nodes that enable -privatebroadcast and broadcast via sendrawtransaction, as well as nodes capable of outbound IPv4/IPv6 connections; wallet RPC, onion, and I2P are unaffected. The fix will be released with 31.1; it is recommended to disable -privatebroadcast, disable v2, or route outbound traffic through Tor before upgrading.
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BTC3.02%
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BridgeSideBanter:
IPv4/IPv6 direct connection fallback v1, IPs are directly exposed, classic downgrade attack
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Politico: CFTC Chair Michael Selig is expanding influence over cryptocurrency and prediction market regulation
CFTC Chair Michael Selig is the only current commissioner, effectively controlling the key points of regulation for digital assets, prediction markets, and derivatives. Politico pointed out that in less than half a year since taking office, he has promoted a more open regulatory environment, including supporting the approval of innovative products, adjusting enforcement priorities, and advancing rulemaking. Legislation discussed in Congress to grant greater regulatory authority over the crypto market has further increased its influence. However, the current situation of single-dominant regulatory decision-making has also raised concerns among some lawmakers and insiders, who believe that limited personnel and resources, along with the lack of a multi-commissioner system for checks and balances, could impact regulatory independence and enforcement effectiveness.
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BlackVelvetKeychain:
One person holds all the power; efficiency has increased, but what about checks and balances?
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AVAX Treasury Company Avalanche Treasury Co. is listed on NASDAQ, exploring an ecosystem-based treasury model
According to CNBC, Avalanche Treasury Co. has been listed on NASDAQ under the ticker AVAT, formed through a merger with Mountain Lake Acquisition SPAC led by Bart Smith. Unlike traditional crypto treasuries that only hold a single token, this company invests funds into Avalanche ecosystem infrastructure, applications, and related projects. It currently holds approximately 15 million AVAX tokens, accounting for about 3.5% of the circulating supply.
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AVAX3.55%
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Miner'sOldKeyboard:
Bart Smith shifts from commodity trading to building a crypto treasury, and Wall Street veterans are starting to look for a new casino.
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According to data from DefiLlama and Bithomp, the on-chain transaction fees generated by the XRP Ledger (XRPL) in the past 24 hours were less than $400, during which approximately 327 XRP were burned. Over the past 7 days and 30 days, fee revenues were approximately $3,100 and $16k, respectively. Due to XRPL's fixed and extremely low fee mechanism, each transaction only burns 0.00001 XRP, so even if the network processes over 1 million transactions daily, the total fee amount remains limited. Additionally, data from Glassnode shows that XRPL's daily average fees have decreased by about 89% sin
XRP3.81%
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GateUser-917390d5:
0.00001 XRP burned—at this rate, you can’t even move the tiniest part of the total supply, no matter how long it takes
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Wu learned that Bloomberg ETF analyst Eric Balchunas stated that BlackRock has submitted a Form 8-A for the Bitcoin Premium Income ETF (BITA). According to US ETF listing practices, submitting an 8-A usually indicates that the product may begin trading within about a week, so BITA is expected to be officially listed next Thursday.
BTC3.02%
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ReefUnderTheAurora:
BlackRock’s speed is unbelievable—have they already filed Form 8-A? Will they be able to trade options ETFs next week?
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Wu Shuo learned that Galaxy Research research director Alex Thorn stated that the U.S. SEC's proposal to eliminate Rule 611 (Order Protection Rule) and Rule 610(e) (Lock-up/Cross Market Restrictions) of Reg NMS is one of the most significant regulatory developments in the tokenized stock field in recent years. He believes that Rule 611's long-standing requirement for trades to follow the National Best Bid and Offer (NBBO) makes it difficult for on-chain trading mechanisms like AMMs to meet compliance requirements. If the relevant rules are ultimately implemented, the U.S. stock market regulato
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DoNotTouchTheLiquidationLine.:
Alex Thorn's judgment is very critical; Section 611 has always been the biggest obstacle for on-chain U.S. stocks.
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The Solana Foundation announced the launch of the Frontier Traders program, targeting institutional traders and professional traders active in emerging asset markets. VIP qualification requires over $500 million in on-chain trading volume in the past 30 days and open interest (OI) exceeding $16 million. Eligible users can receive priority access to the Asset Express project, priority RPC access, and exclusive event invitations. Users who do not meet VIP standards can still participate in spot and perpetual contract trading activities, with the SpaceX (SPCX) trading event starting tomorrow and
SOL5.34%
SPCX4.74%
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GateUser-e3701961:
The 500 million dollar threshold, institutions are definitely playing the game.
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Wu Shuo learned that one of the world’s largest asset management companies, Fidelity, is moving its stablecoin business on-chain and has chosen Uniswap as the liquidity infrastructure for FIDD. The relevant FIDD liquidity pools have been launched on the Uniswap protocol.
UNI4.49%
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DrinkWaterBeforeTheMarket:
What does the launch of the FIDD pool mean? Institutional funds are starting to genuinely settle on-chain—not just trading or investing.
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Consulting firm Crane Zeng released a report stating that the trading volume of offshore prediction market platforms accessed by U.S. users via VPNs and other methods has reached $11 billion to $34 billion, with Polymarket accounting for $11 billion to $27 billion. The report estimates that offshore platforms account for 12.5% to 31.5% of U.S. prediction market trading volume, with about 30% of Polymarket's trading volume coming from U.S. users. Data shows that the trading volume gap between regulated platforms and offshore platforms is narrowing. During the reporting period, CFTC-regulated pl
KALSHI-2.13%
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FoldedPrivateKey:
Everyone knows that VPNs bypass regulations; it just depends on when the SEC/CFTC will take action.
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LG Electronics announces that it is developing a blockchain-based advertising network and has completed a pilot test with a Japanese advertising agency whose name has not been disclosed. The platform will provide a shared advertising resource database for advertisers and media publishers, and record user interactions with ads. LG is collaborating with Arbitrum to develop a dedicated Layer 2 network to reduce data recording costs and improve processing efficiency. The company plans to evaluate the commercialization pathway of the advertising network later this year. (Fortune)
ARB7.30%
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TheGiantWhaleInTheReflection:
The commercialization path will only be evaluated at the end of the year; it still feels like a waiting period.
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JPMorgan analysts said that investors have continued to withdraw recently to hedge against the core “Debasement Trade”—currency devaluation, inflation, and geopolitical risks—where gold-related allocations have continued to decline, and the pace of Bitcoin fund withdrawals has accelerated further. The analysts noted that for the week ending June 5, gold ETFs saw approximately $20 billion in net outflows, while Bitcoin ETFs have recorded outflows for four consecutive weeks, with the scale increasing gradually. Data on ETF fund flows, futures positions, and investors’ asset allocation all indica
GLDX-0.84%
PAXG3.51%
XAU3.51%
BTC3.02%
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0xLateDiner:
Flowing out continuously for four weeks, and the scale is still expanding. Institutions are voting with their feet. However, the increased correlation indeed weakens the allocation value, so we need to re-evaluate the positions.
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U.S. President Donald Trump stated that after negotiations with Iran were submitted and approved by Iran's highest authorities, he decided to cancel the military strike against Iran originally scheduled for that evening. Trump said that the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, and Egypt have reached an agreement on the framework and specific details of the deal, and that the maritime blockade against Iran will remain in place until the final agreement is signed. The time and place of the signing will be announced separ
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MoonlightReef:
Trump's move to halt the crackdown, with Saudi Arabia, the UAE, and Qatar all on the table, the Middle East landscape is about to be rewritten again.
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Wu Says learned that the NFT lending protocol NFTfi announced that, due to the ongoing contraction of the NFT market to a size that can no longer support its operating costs, the platform will gradually shut down (Sunset) over the coming months. Over the six years since it went live in May 2020, NFTfi has cumulatively processed more than $737 million in loan volume, and the smart contract has never experienced any loss of NFTs. In the official announcement, it stated that, effective immediately, it will stop issuing new loans. Existing loans may still be reallocated/refinanced within 731 days
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GateUser-7df43e29:
Not until August 2026 will it be fully shut down—giving plenty of buffer time is only proper. Borrowers, remember to repay early to avoid pitfalls.
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According to Reuters, Polish President Karol Nawrocki issued a statement announcing the third veto of a bill aimed at regulating cryptocurrencies and implementing the European Union’s Markets in Crypto-Assets Regulation (MiCA), citing that his previously proposed amendments were not fully incorporated. The Polish parliament passed the bill in May this year, amid the intensifying scandal involving the collapse of Poland’s largest cryptocurrency exchange and fierce debate among various parties over the level of regulatory oversight for this emerging industry. Under EU rules, Poland must approve
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ChillBlock:
The president is really clashing with the European Union. The July deadline is approaching—how many more times can they delay?
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The U.S. House of Representatives plans to establish a cross-agency joint task force called the "Federal Cryptocurrency Theft Task Force." According to the bill text, this task force will be led by the U.S. Attorney General (Attorney General) and will involve multiple federal core law enforcement and financial agencies, including the Department of Justice (DOJ), Federal Bureau of Investigation (FBI), Department of Homeland Security (DHS), and the Treasury Department. Its core function is to serve as a unified federal coordination center for preventing and investigating cryptocurrency thefts, h
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StakingSparrow:
Cracking down on overseas crime networks? First, shut down the mixers.
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Data: The 30-day moving average decline of the US spot ETF trading has reached 78%
Wu Shuo learned that, according to Glassnode data, the 30-day moving average of U.S. spot ETF trading has decreased from $4.4 billion per day in October 2025 to only $960 million per day now, a decline of 78%. Combined with the previous 49% drop in DAT company's trading volume, both of BTC's TradFi channels have sent similar signals: speculative demand for BTC in traditional markets has gradually disappeared.
BTC3.02%
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Cream-ColoredCross-ChainBridge:
DAT and ETF double kill, indicating that old money is tired of the narrative around BTC; the next round will depend on a new story.
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Ethereum privacy transfer proposal EIP-8182 has officially been accepted into the Hegotá hard fork upgrade plan.
The Ethereum native privacy transfer proposal EIP-8182 has officially been nominated as a candidate for the Hegotá hard fork. The plan is to introduce privacy transfers as a native L1 capability through fixed-address system contracts and ZK verification precompiles, establish a shared anonymous pool, forgo token governance, and rely on smooth evolution via a hard fork. It is currently in the stage of seeking inclusion on the core developers’ schedule.
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ETH2.86%
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ReflectionsOnTheStreetCorner:
Fixed-address system contract + ZK pre-compilation—this setup is way cleaner than Tornado, but how do you deal with the capacity anxiety of a shared anonymous pool?
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