Cboe Global Markets is keeping its options open around the inactive Cboe Digital Exchange after a CFTC letter dated June 3 outlined temporary no-action relief tied to the venue's dormant status. The relief allows Cboe Digital to list products without first reinstating its designated contract market status, and remains in place through April 6, 2027, or until trading resumes.

edgeX said the EDGE token sank as much as 71% within hours on June 2 and that reviews by exchanges and market makers found no signs of coordinated manipulation. The firm attributed the move to thin on-chain liquidity, crowded longs, and liquidation spillovers into perpetual futures, and it unveiled a 200,000 USDC bounty plus voluntary goodwill payments for affected users.

LayerZero has published an ecosystem report positioning itself as institutional-grade finance infrastructure, including plans for "Zero," a dedicated Layer 1 aimed at tokenized assets, stablecoin settlement, and always-on capital markets. The report says the protocol has facilitated more than $260bn in value transfer and supports about 70% of cross-chain stablecoin volume. The update comes as L2BEAT questioned whether post-KelpDAO moves from LayerZero to Chainlink's CCIP necessarily deliver material security gains.

Zcash validators coordinated an emergency protocol upgrade after developers identified a vulnerability in the Orchard shielded pool. The protocol-level change took effect at about 10:30 p.m. Eastern time on June 1, and Orchard transactions were temporarily halted while the fix is deployed. The team said no funds were lost and user privacy was not compromised, with the wider network continuing to operate.

TON rose on June 1 after Telegram founder Pavel Durov said the network's native currency will be renamed from Toncoin to Gram. Durov said "Gram" was the original name used in TON's first white paper, and the change is expected to take about three weeks while TON remains the blockchain's name. Following the announcement, TON gained over 15% and traded above $2.18.

ProCap Financial said it sold about 52 Bitcoin to finance the repurchase of two million shares, with the stock trading at roughly a 50% discount to net asset value. The firm said buying back shares below the value of its underlying reserves increased Bitcoin exposure for remaining shareholders.

JPMorgan Chase CEO Jamie Dimon said the bank and other lenders plan to challenge parts of the proposed CLARITY Act that would govern stablecoins in the United States. He argued that if stablecoin issuers effectively operate like deposit or payment platforms, they should meet bank-level requirements on liquidity, capital, AML/KYC, reporting, and consumer protection.

Arbitrum has put forward a governance proposal to extend funding for the Arbitrum Foundation through 2027, requesting $16 million in RWAs and stablecoins, 1,740 ETH, and 230 million ARB. Market participants estimate the package is worth roughly $43 million at current prices, while the filing lists 2025 gross profit at about $23.49 million and highlights ongoing growth in activity and assets on the network.

Sui reported a fresh mainnet network stall on May 29, only hours after the chain restarted from a prior outage linked to validator infrastructure. The earlier incident on May 28 lasted 5 hours and 55 minutes and recovery required >2/3 of validator stake to upgrade to a fix for a crash bug introduced in the 1.72 release.