Ledger's Donjon security team demonstrated a lab laser technique that can bypass firmware verification on the TROPIC01 chip used in the Trezor Safe 7. Trezor says user funds, backups and private keys are not stored on that chip, and no user action is required. Tropic Square also reported a separate potential issue tied to the chip's MAC-and-Destroy mechanism, with a hardened revision targeted for late 2026 and fuller publication planned for spring 2027.

On June 2, the U.S. Treasury sanctioned Nobitex, describing it as Iran's largest cryptocurrency exchange, and also designated several of its senior executives. Officials alleged the platform enabled sanctions evasion and processed transactions tied to the Islamic Revolutionary Guard Corps (IRGC), including activity involving stablecoins. The package also targeted Iranian exchanges Wallex, Bitpin, and Ramzinex, with restrictions blocking U.S.-jurisdiction property and limiting dealings by U.S. persons.

The Digital Asset Market Clarity Act (CLARITY Act) has moved forward in Congress after being added to the Senate Legislative Calendar. The step makes the proposal eligible for debate by the full Senate, though leaders have not set a floor vote date. If enacted, it would create a federal framework for digital asset regulation and aim to clarify oversight roles between the SEC and CFTC.

The EU is prepping an ambitious Chips Act 2.0 to strengthen technological sovereignty and boost local chip demand. Discover what the initiative does, the drivers behind today's framework shift, the 2026 outlook, and why traders are turning to BingX.

Orbs has released its V5 upgrade on Ethereum and Arbitrum, targeting stronger cross-chain verification for decentralized trading, lower infrastructure overhead, and broader validator participation. The protocol said its execution layer processed more than $14 billion in trading volume across 10+ networks and over 30 DEX integrations since V4, generating over $3.2 million in protocol revenue. V5 introduces Committee Sync and is slated to expand to additional EVM chains such as Base and Polygon in the coming months.

On Wednesday, a House of Lords committee urged the UK to advance stablecoin oversight while avoiding measures that could suppress the nascent market for pound sterling-pegged tokens. The panel warned that overly restrictive requirements—such as proposed caps on wallet holdings and forcing issuers into zero-interest central bank deposits—could undermine competitiveness and leave the UK trailing the US and EU.

Polymarket said it signed an exclusive distribution partnership with Berlin-based football media platform OneFootball, aiming to reach 200 million monthly active users and a wider 645-million-fan ecosystem ahead of the 2026 FIFA World Cup in North America. The rollout is limited to eligible jurisdictions, with Germany excluded because Polymarket does not hold a German gaming license. The company has added six football-related partnerships over five months, even as European regulators increase scrutiny of prediction-market platforms.

Coinbase Ventures said it bought ENA on the open market and entered a partnership with Ethena to develop onchain finance and savings products for a combined user base of more than 100 million. Ethena said the first growth initiative tied to the collaboration is set to launch the week of June 8, 2026, though no product details or deal terms were disclosed. Ethena reports about $5.4 billion in TVL and roughly $983 million in cumulative fees since launch, alongside a token market cap of over $825 million.