Mysten Labs Launches Walrus Memory for AI Agent Context
Mysten Labs launched Walrus Memory, a portable memory layer for AI agents, with Kostas Chalkias citing 60% improvements in some metrics. Walrus Memory lets agents carry context across apps, sessions, and providers while keeping users in control of data. The platform integrates with Claude, ChatGPT, and Gemini, and offers plugins for OpenClaw and NemoClaw.
U.S. Treasury Secretary Scott Bessent said the Treasury is pursuing a strategic Bitcoin reserve plan. Bessent said he hopes the Clarity Act will pass this summer. He also emphasized the need for a clear crypto regulatory framework during a Senate Finance Committee hearing.
Mastercard Expands Stablecoin Settlement With USDC and RLUSD
Mastercard expanded stablecoin settlement for card transactions with regulated tokens including USDC, RLUSD, and SoFiUSD. The options give issuers and acquirers intraday, holiday, and weekend settlement choices. Settlement will be enabled on Ethereum, Solana, Tempo, the XRP Ledger, and Base. Transactions in the U.S. and Latin America will firstly be supported by ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei.
Treasury Secretary Scott Bessent urged lawmakers to pass the Clarity Act this summer and said Treasury is moving at a "deliberate speed" on a strategic Bitcoin reserve. He spoke during a Senate Finance Committee hearing on the 2027 budget. A House version of the bill passed last year, but the bill remains stuck in the Senate.
EdgeX said it will refund eligible losses and offer a 200,000 USDC bounty after EDGE fell 71% during a token attack. Payments are capped at 100,000 USDC per user and split between USDC and EDGE.
UK Prime Minister Presses Farage Over £5M Crypto Billionaire Donation
The UK Prime Minister accused Reform UK leader Nigel Farage of avoiding questions about a £5 million personal donation from Thai crypto billionaire Christopher Harborne. The donation is under investigation by the Parliamentary Commissioner for Standards over whether it should have been declared.
Federal regulators are investigating George Santos over alleged illegal trading on a Kalshi prediction contract tied to his own appearance at this year’s State of the Union address. Santos denied the accusations and said his legal team is in contact with the DOJ.
Zcash Upgrade Sparks False Outage Rumor as ZEC Rises 10%
Zcash block explorers showed no activity after a coordinated network upgrade, while CoinGecko data showed ZEC up 10% in the past 24 hours. Solid Intel claimed that Zcash was down and had not produced blocks in four hours. ZODL said the Orchard shielded pool was temporarily disabled and then restored through a staged fix.
Bitcoin traded near a two-month low after touching $65,362 on Bitstamp. Rekt Capital focused on the 50-month EMA at $66,628, while Leviathan called $60,000 the key level.
Stripe Founding Engineer Loses Congress Bid to Larsen-Backed Candidate
Saikat Chakrabarti lost his California congressional bid after receiving 15% of votes with 50% tallied. Scott Wiener and Connie Chan advanced from the all-party race for California's 11th Congressional District. Ripple co-founder Chris Larsen donated to Wiener and helped fund a PAC that spent against Chakrabarti.
Treasury Secretary Scott Bessent said the Treasury Department is steadily advancing a strategic Bitcoin reserve. Bessent urged lawmakers to support the Clarity Act and said he hoped the bill would pass this summer.
Mt. Gox-linked wallets moved 10,422 BTC worth roughly $739 million on June 2 as Bitcoin traded under pressure. Most of the BTC went to a fresh 14FEEM address, and 116 BTC moved to a known Mt. Gox hot wallet. No onward movement to a custodian, exchange, liquidity provider, or creditor distribution venue was reported.
Tether-Backed Adecoagro Plans Sugarcane-Powered Bitcoin Mining in Brazil
Adecoagro plans to launch a 10-megawatt Bitcoin mining pilot in Brazil using electricity generated from sugarcane waste. The project has a target launch date of July 1, 2026, and will use approximately 1,280 Bitcoin mining machines. Matheus Lechuga confirmed the initiative at a forum on June 1, 2026.
Solayer Launches Margin Trade Mainnet for Onchain Perps on Solana
Solayer launched Margin Trade on mainnet, adding up to 3x leverage for Pearl Research perpetuals on Solana. The platform supports crypto perpetuals, commodity markets, and MT500 through a single margin account. Solayer says Margin Trade uses cross-margin shared collateral and transparent onchain execution.
TapTools Winds Down After Senior Departure Hits Cardano Analytics Platform
TapTools will wind down over the next two weeks after a fifth senior executive departure left the Cardano analytics platform without technical leadership. The platform said it served more than one million users and powered backend data for hundreds of Cardano-native token protocols. DeFiLlama shows Cardano has roughly $123.85 million in TVL and ranks 28th by chain TVL.
Cynthia Lummis criticized Jamie Dimon’s Clarity Act remarks and called his comments about Brian Armstrong "distasteful." Dimon argued that the bill lacks legal protections and said banks will work to oppose it.
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