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.

VanEck said on May 28 it launched VBNB, a U.S. exchange-traded product designed to give direct spot exposure to BNB by holding the token rather than using futures or synthetic structures. The prospectus lists Anchorage Digital Bank as custodian and says staking rewards may be added later, while also flagging Binance-related regulatory sensitivity and a validator set of 21 active validators as key risks.

Bifrost said it has started repaying a 1,000,000 DOT liquidity loan from the Polkadot treasury after the deployment produced 53,185 DOT in returns. The proposal states the strategy generated yield between May 2025 and May 2026, implying a blended APR of roughly 5.3%. Bifrost is unwinding the DOT-vDOT position, unstaking vDOT, and preparing to send the earned interest back to the treasury.

SoFi says it has introduced its SoFiUSD stablecoin directly inside its banking app, positioning itself as the first U.S. national bank to bring a stablecoin into a consumer banking platform. Users can buy, sell, hold, and convert SoFiUSD in-app, with initial support on Ethereum and Solana and a broader rollout planned over the coming weeks as app updates arrive.