The Cardano Foundation said it will not proceed with its planned Cardano Summit 2026 after an onchain treasury vote failed to meet the required supermajority. The revised request sought 7.8 million ADA (about $2 million) and ended with 65.21% of participating DRep stake in favor, below the 66.67% threshold, following a May 29 vote close.

A federal judge directed Circle to blacklist Zama's confidential USDC (cUSDC) contract on Friday night, and the block took effect at 1:08 a.m. UTC on Saturday, freezing 12,606,386 USDC. The action stems from a May 28 class action tied to Overnight Finance, with Zama CEO Rand Hindi saying the contract was "caught in a crossfire" and that the team is investigating and pausing related confidential wrappers.

VanEck and Grayscale filed updated SEC amendments on Friday for their proposed U.S. spot BNB ETFs, with VanEck submitting Amendment No. 5 and Grayscale filing Amendment No. 2. The filings keep staking out of the initial launch while retaining conditional language, and both products are proposed to list on Nasdaq under tickers VBNB and GBNB. Separately, Canary Capital amended its staked TRX ETF S-1 on Friday and added service-provider details, while leaving the exchange, ticker, and management fee undisclosed.

LayerZero said Friday it mishandled communications in the three weeks after the April 18 Kelp DAO bridge exploit that drained about $292 million in rsETH. The company also acknowledged it should not have permitted its DVN to operate as a sole verifier for high-value transactions and announced security changes, including ending support for 1/1 DVN configurations.

A solo Bitcoin miner connected to solo.ckpool.org mined block 943,411 on Thursday, taking the full block reward worth about $210,000. The payout totaled 3.139 BTC, including a 3.125 BTC subsidy and 0.014 BTC in fees, and the rig was estimated at roughly 230 TH/s.

Drift Protocol released a detailed Saturday update on its April 1 incident that drained about $280 million from its Solana perpetuals exchange, describing a roughly six-month social engineering campaign that began around fall 2025. The attackers allegedly posed as a quant firm, met contributors at multiple conferences, and deposited over $1 million into an Ecosystem Vault before obtaining pre-signed approvals and taking control within minutes. Drift and SEAL 911 said they have “medium-high” confidence the operation matches the North Korea-aligned actors behind the $50 million Radiant Capital hack in October 2024, while Mandiant has not yet issued formal attribution.

Charles Schwab has launched a waitlist for "Schwab Crypto," a new account designed to let clients buy and sell bitcoin and ether directly, with a first-half 2026 target for launch. CEO Rick Wurster has said the rollout is expected to begin with a limited release in Q2 before expanding, while the product will not be available in New York and Louisiana at the start. Fees and custody details have not been disclosed, and the bank says crypto transfers in or out will not be supported at launch.

The IMF said in a report published Thursday that tokenized finance could make market stress unfold faster by removing traditional settlement delays that give regulators time to intervene. The paper warns that instant settlement, automated margining and feedback loops may strain crisis tools designed for business-day cycles, and it flags stablecoins as run-prone structures similar to money market funds.

Lido’s Ecosystem Operations team has put forward a governance proposal to let the Lido Growth Committee spend up to 10,000 stETH (about $20 million at roughly $2,000 ETH) to purchase LDO as a one-off buyback. LDO set a new all-time low near $0.27 on Mar. 7 and is trading around $0.31; at current levels, the plan could take in roughly 65 million tokens, or about 8% of circulating supply.