Coinbase Ventures purchased Ethena’s ENA token on the open market as Coinbase and Ethena prepare to roll out new onchain finance and digital savings offerings. Ethena said an initial growth initiative is expected to launch next week and could make its products available to Coinbase’s user base of more than 100 million people. The update comes as Ethena reported USDe supply above $1B and outlined recent expansion across Solana and multiple partner venues.

In a June 3 speech at the IC3 Blockchain Camp in Princeton, New Jersey, SEC Commissioner Hester M. Peirce argued that securities regulations should not automatically extend to neutral blockchain networks, open-source code, or noncustodial tools. She framed crypto regulation around who has control, custody, and discretion, suggesting oversight should target securities-like conduct rather than infrastructure itself.

A group of 160 former national security, intelligence, and law enforcement professionals has backed the Digital Asset Market Clarity Act of 2025, urging Senate leaders to move the bill forward. The letter argues crypto oversight should be treated as a national security issue and warns that activity could shift offshore if U.S. rules remain unclear. The measure previously cleared the House 294-134 in July 2025 and advanced out of the Senate Banking Committee 15-9 on May 14.

Tether and Fasset say they have launched the world's first gold-backed neobanking Visa card, letting users pay merchants globally while earning tokenized gold via cashback and auto round-ups. The product offers up to 6% cashback paid in XAUT and is backed by up to $1 million in XAUT rewards at launch. Users convert XAUT to USDT and then to fiat at checkout, while Fasset targets its $32 billion annualized-volume user base across Asia and Africa.

Binance will discontinue NFT support on its centralized exchange on July 3, 2026, requiring users to withdraw transferable NFTs by 00:00 UTC or risk losing access. The exchange said NFT management will move to Binance Wallet, and it will offer 1 USDC to up to 100,000 users who complete eligible non-CR7 withdrawals before June 17, 2026. The move comes as NFT trading volumes fell from nearly $23.8 billion in 2022 to roughly $1.2 billion year-to-date in 2026.

Hyperliquid is becoming a preferred venue for Wall Street traders to trade perpetual futures outside traditional exchange hours, as 24/7 onchain markets absorb activity from legacy venues. The report highlighted a Saturday crude-oil trade that ended with a 243% gain and noted claims that Hyperliquid controls more than 70% of decentralized perps, alongside daily volume often above $1 billion.

On June 1, 2026, Japan put new Financial Services Agency rules into effect to recognize qualified foreign stablecoins as electronic payment instruments, while the ruling LDP's blockchain panel urged wider use of yen-denominated stablecoins for Asian cross-border payments. The shift comes as the global stablecoin market is over $240 billion and remains heavily dollar-centric, even as local players such as JPYC and bank-backed initiatives target large-scale yen issuance and settlement.

Trezor and Tropic Square disclosed a hardware weakness affecting the TROPIC01 secure element used in the Trezor Safe 7 after Ledger's Donjon team found it during an audit. The issue involves bypassing signature verification via lab-grade laser fault injection, but Trezor says private keys and user funds are not exposed because the chip is only one of three independent security layers. Tropic Square is producing a revised chip batch, while existing devices cannot be fixed through software updates.