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Vitalik Buterin is accused of diverting Ethereum Justin Bons, Chief Investment Officer of Cyber Capital, believes Ethereum $ETH is suffering from a "deadly combination" of centralization and disorder. Bons argues that Ethereum's scaling roadmap has weakened the network's competitiveness and reduced its ability to attract value. He also accuses Vitalik Buterin (VitalikButerin) of exerting excessive influence over Ethereum's direction. $ETH #AnthropicFilesForIPO #HYPEHitsNewATH #StrategySellsBitcoin

XRP ETFs Resist the Cryptocurrency Sell-Off Spot $XRP ETFs recorded a net inflow of $4.13 million on June 1, even as Bitcoin $BTC and Ethereum $ETH ETFs saw capital outflows. Canary's XRPC accounted for the entire inflow. Data shows investors continue rotating into XRP products while overall sentiment toward crypto ETFs remains under pressure. $XRP #AnthropicFilesForIPO #HYPEHitsNewATH #StrategySellsBitcoin

Ripple's RLUSD Expands to Turkey Ripple announced that $RLUSD is now available in Türkiye through BiLira, Bitexen, and Bitlo. This expansion marks another significant milestone for this stablecoin, which has grown to a market capitalization exceeding 1.7 billion USD in less than a year. Ripple stated that demand for regulated, enterprise-grade stablecoins continues to rise across global markets.$RLUSD #AnthropicFilesForIPO #HYPEHitsNewATH

Arthur Hayes Bets $100,000 on Hyperliquid vs. Solana BitMEX co-founder Arthur Hayes (CryptoHayes) has placed a $100,000 charity bet that $HYPE will outperform any cryptocurrency in the top 10 by the end of the year. Hayes challenged Kyle Samani, a Solana supporter, and he accepted the bet with $SOL as his choice. This bet comes as Hayes doubles down on his view that Hyperliquid could ultimately surpass Solana in market performance. $HYPE #AnthropicFilesForIPO #HYPEHitsNewATH #StrategySellsBitcoin

Edge Blames Market Manipulation After Price Collapse $EDGE plunged nearly 47% after dropping from 1.14 USD to 0.67 USD, with the token briefly hitting 0.32 USD before recovering. Edge Protocol (edgeX_exchange) stated that their systems were not compromised and confirmed there was no hack, exploit, or security breach. The development team said initial findings indicate the possibility of market manipulation by an external party and an investigation is underway. $EDGE #AnthropicFilesForIPO #HYPEHitsNewATH #StrategySellsBitcoin

Tom Lee's Bitmine Adds Another $52 Million in Ether Despite Market Doubts Bitmine Staking Technology (BitMNR) purchased an additional $52 million in $ETH, adding 26,497 Ether over the past week. Chairman Tom Lee (fundstrat) stated that the price of Ethereum still does not reflect the improving fundamental factors of the network. The company currently holds 5.4 million ETH worth over $10.5 billion, becoming the largest holder of Ether reserves. $ETH #AnthropicFilesForIPO #HYPEHitsNewATH #StrategySellsBitcoin

This wallet has earned over 20 million dollars from the Hyperliquid ecosystem... Phantom wallet, known for its early support of Solana $SOL, has earned a massive $20.63 million through the HyperliquidX Builder Program. According to a report from Wu Blockchain, Phantom accounts for about 31.8% of the program's distributed revenue, followed by BasedOneX and MetaMask. $HYPE #HYPEBreaksATHAgain #CFTCOpensBitcoinPerps #USIranTalksStallOut

Vitalik proposes building DeFi on options instead of debt Vitalik Buterin (VitalikButerin) announced a research idea today: rebuilding the DeFi base layer on options rather than debt. Today's algorithmic stablecoins and perpetual contracts run on collateralized debt, which forces liquidation when prices fluctuate and relies on real-time oracles that are hard to secure and vulnerable to attacks. His alternative solution splits 1 ethereum:native into two paired assets that always sum to 1 ETH, so there is nothing to liquidate. He notes that this structure is essentially a prediction market that has existed for years, allowing it to borrow slower, safer oracles from the prediction market. The trade-off he names: instead of sudden liquidation, the holder's exposure gradually drifts away from the target, and rebalancing causes slippage that can cost 2% per year or more, which is the main risk for the entire idea. Buterin reframes that drift as a feature, arguing that the design suits those who want to stabilize prices for future costs rather than a coin they can pretend is a dollar. He is clear that this is a proposal worth experimenting with, not a finished blueprint. The system still uses oracles for settlement, but a slow oracle that allows time for human intervention, not an instant price feed that triggers liquidation. $ETH #CFTCOpensBitcoinPerps #HYPEBreaksATHAgain #ICEBacksOKXOilPerps

Ethereum staking amounts outperform withdrawals by 55 times. At the time of writing, approximately 3,167,938 $ETH are waiting to be staked on Ethereum, with a current value of about 6.3 billion dollars. Meanwhile, only 57,873 $ETH are pending withdrawal from staking—a nearly 55-fold difference. Ethereum is processing more transactions than ever before in its history—so why is the price of $ETH so disappointing? $ETH #CFTCOpensBitcoinPerps #HYPEBreaksATHAgain #ICEBacksOKXOilPerps

Ripple just unlocked 500,000,000 $XRP tokens. According to data from Whale Alert, Ripple unlocked about 500 million $XRP tokens today, valued at approximately 666 million dollars at the time of unlocking. This event is part of the company's long-term token distribution strategy, and its impact entirely depends on Ripple's decision on how to utilize these assets. $XRP #CFTCOpensBitcoinPerps #HYPEBreaksATHAgain #ICEBacksOKXOilPerps