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forklog.media LG and Arbitrum Launch L2 Network for Advertising

South Korean tech giant LG Electronics has developed its own Layer 2 network based on Arbitrum. This solution will serve as the foundation for a digital advertising platform. LG Electronics is building with Arbitrum.LG's blockchain team, part of the company's R&D; division, is piloting an onchain advertising network on Arbitrum.The full story, including @sgoldfed's conversation with @FortuneMagazine:https://t.co/mIvlp6ip6h pic.twitter.com/Ej4TtAqcbs— Arbitrum (@arbitrum) June 11, 2026 The new system will allow companies to place, buy, and sell ads directly. According to developers, the use of blockchain will eliminate intermediaries and automate transactions without manual intervention. LG has already completed pilot testing of the product in collaboration with a Japanese advertising agency. The company is currently assessing the platform's value for advertisers and audiences. The release could occur by the end of 2026. LG explained that the initiative is supported by its LG Ad Solutions division, which manages advertising on 216 million smart TVs worldwide. Following the news, Arbitrum's native token (ARB) rose by 5% to $0.08. Hourly chart of ARB/USDT on Binance. Source: TradingView. Earlier, in January, LG Electronics introduced a next-generation home robot with artificial intelligence — LG CLOiD.

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cryptobriefing.com Iran’s Revolutionary Guards halt transit through Strait of Hormuz, rattling oil and crypto markets

Iran's actions highlight geopolitical tensions' impact on global markets, pushing nations to explore digital currencies as alternative financial systems. The post Iran’s Revolutionary Guards halt transit through Strait of Hormuz, rattling oil and crypto markets appeared first on Crypto Briefing.

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forklog.media Singapore Integrates AI into Standards Roadmap Through 2035

Singapore's Enterprise Singapore, under the Ministry of Trade and Industry, has unveiled the Standards and Conformance 2035 roadmap, highlighting AI as a key focus for standardization and compliance assessment. The agency has also formalized five memorandums with international and regional partners, covering areas from AI and quantum technologies to carbon projects and credits. The document aims to strengthen Singapore's role in standards development, international certification recognition, and the evaluation of new technologies before widespread adoption. The AI section emphasizes early standard development—establishing approaches before formal rules are set internationally. Three Pillars The roadmap is based on three pillars: supporting growth through early standard adoption; developing a testing, inspection, and certification ecosystem; enhancing Singapore's role in regional and global standards and compliance networks. The key idea is to embed standards into products, services, and processes early, rather than retroactively. EnterpriseSG has prioritized AI, precision medicine, clean energy, and offshore wind energy as new focus areas. A specific focus is on sectors where rules are still being formed, including AI, carbon services, and precision medicine. EnterpriseSG plans to launch regulatory sandboxes to test new approaches before formalization and simultaneously build local expertise in testing, inspection, and certification. "Standards and compliance are not just about meeting requirements but are strategic levers for growth. With the S&C; 2035 roadmap, we accelerate early standard adoption by Singaporean businesses, helping companies innovate faster and access global markets more easily," said Choy Sau Kuen, Director of the Quality and Excellence Group at EnterpriseSG. Five Memorandums: AI, Quantum Technologies, and Carbon Credits EnterpriseSG has formalized five memorandums with international and regional partners. The AI section includes a multilateral memorandum with the British Standards Institution, Korea Agency for Technology and Standards, Standards Australia, and Standards Council of Canada. The goal is to bridge the gap between rapid AI development and the slower formal standard-setting process. Separately, Singapore signed an agreement with the American National Standards Institute on critical and emerging technologies, including AI and quantum technologies. Two more agreements involve cooperation with Southeast Asian countries—Vietnam and Indonesia—to strengthen regional capabilities in AI standards and compliance. Additionally, EnterpriseSG has partnered with the Gold Standard Foundation and Verra to enhance sustainability verification frameworks for carbon projects and credits. Progress on AI Standards On April 20, 2026, IMDA and EnterpriseSG announced that Singapore proposed the international standard ISO/IEC 42119-8 to unify testing methodologies for generative AI systems. The release described it as the first international standard of its kind for testing generative AI systems (GenAI). Previously, IMDA and AI Verify Foundation released a Starter Kit for Testing LLM-Based Applications for Safety and Reliability. The document outlines voluntary guidelines for testing LLM applications before launch and highlights five key risks: hallucinations and factual errors; bias; undesirable content; data leaks; resilience to malicious prompts. Separately, AI Verify Foundation launched an accreditation program for AI testers. It aims to establish requirements for third-party companies testing GenAI applications and develop the market for independent AI system assessments. In 2024, the European Parliament adopted the EU AI regulation. ForkLog asked participants at the Privacy Day 2024 conference to discuss its overall impact on the industry.

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cryptobriefing.com FIFA World Cup 2026 records three red cards after one matchday, and Kraken is watching from the sidelines

The early surge in red cards may signal a more aggressive tournament, while Kraken's involvement highlights crypto's growing sports influence. The post FIFA World Cup 2026 records three red cards after one matchday, and Kraken is watching from the sidelines appeared first on Crypto Briefing.

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news.bitcoin.com Audiera: Why Agent Native Economies May Be the Next Evolution of Web3

PRESS RELEASE. Automation has been a fixture of Web3 long before AI agents became a mainstream topic. Bots were already trading, farming incentives, monitoring markets, and competing for rewards across blockchain networks — often becoming some of the most active participants in the ecosystem. Yet despite their outsized influence, these actors were never really accounted […]

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btcmanager.com Bitcoin price reclaims $63K after U.S.-Iran peace deal comes back into play, Can BTC move to $65k next?

This article was updated with new information regarding Iranian media disputes over reports of a completed U.S.-Iran peace deal. Bitcoin price has erased losses triggered by a hotter-than-expected U.S. inflation report, rising above $63,000 after Donald Trump unveiled details of…

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news.bitcoin.com Bitcoin at $63,400 as Iran Says Strait of Hormuz Remains Closed Despite Trump’s ‘Great Deal’ Claim

Iran said the Strait of Hormuz remains closed despite President Donald Trump’s claim of a settlement, keeping pressure on oil and a bitcoin price that has swung with every twist of the conflict. Conflicting Claims Trump said during a tele-rally that the U.S. had “made a great deal” with Iran, but Tehran did not confirm […]

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forklog.media SEC to Lay Groundwork for Tokenization of Stocks

The U.S. Securities and Exchange Commission (SEC) has proposed rescinding two key rules of Regulation NMS. The initiative aims to reduce market participants' costs and encourage innovation. Officials plan to revoke rules 611 and 610(e). The first prohibits trades at prices less favorable than the best offers on other platforms. The second limits the display of quotes that block or cross price values on other exchanges. SEC Chairman Paul Atkins stated that these rules have been in place for 20 years but have become an obstacle to market development over time. He believes the rules have created "unintended consequences" that hinder growth. The public discussion of the proposal will last 60 days following its publication in the Federal Register. Afterward, the Commission will make a final decision on revising the rules. Galaxy Digital called the agency's decision a crucial step for the development of DeFi. According to Alex Thorn, head of research, current rules physically prevent automated market makers (AMM) from trading tokenized stocks. Decentralized protocols operate based on mathematical formulas and cannot account for liquidity on external platforms in real-time. the SEC just proposed rescinding Rule 611 of Reg NMS, the trade-through rule that has defined US equity market structure since 2005this is a tradfi story, yes, but this is also one of the biggest unlocks yet for tokenized stocks 👇 pic.twitter.com/T0PJvWxysI— Alex Thorn (@intangiblecoins) June 11, 2026 “An AMM cannot halt a trade because the price is better on Nasdaq. Once the rules are rescinded, tokenized stocks can legally trade in DeFi pools,” Thorn explained. Instead of strict restrictions, the SEC plans to adopt a flexible approach based on the principle of "best execution" of trades. The changes are expected to be implemented in the first quarter of 2027. Until then, the Commission may launch pilot projects on tokenization, granting participants temporary exemptions from existing rules. In May, SEC Commissioner Hester Peirce urged the crypto industry to temper expectations regarding an "innovation exemption" for trading tokenized stocks. She stated that the regulator does not plan to allow the issuance of synthetic assets.

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cryptobriefing.com European Central Bank raises rates for first time since 2023, becoming first G7 bank to hike since Iran war began

The ECB's rate hike amid geopolitical tensions may prompt global monetary shifts, impacting inflation, currency strength, and risk assets. The post European Central Bank raises rates for first time since 2023, becoming first G7 bank to hike since Iran war began appeared first on Crypto Briefing.

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forklog.media The End of ‘Ultrasound Money’: Why Ethereum Is Losing Developers and Whale Support

Against a backdrop of prolonged rangebound price action in Ethereum, market participants have shifted from upcoming network upgrades to the ecosystem’s “problems.” Even as ETH’s share in staking hits records, a split is emerging inside the project: over the past year, more than eight senior developers have left the Ethereum Foundation (EF). This ForkLog report examines a systemic crisis simultaneously affecting EF’s tokenomics, governance and staffing — and asks how the clash between institutional views of the second-largest cryptocurrency, Vitalik Buterin’s uncompromising stance, and early ICO investors’ ETH sales are connected. Decentralization or a budget crisis? For the tenth straight month, Ethereum has underperformed bitcoin. At press time, the ETH/BTC pair fell to about 0.026 BTC. In dollar terms, the second-largest cryptocurrency was 68% below its all-time high ($4889) set in August 2025, trading around $1600. ETH/USD daily chart on Binance. (11.06.2026). Source: TradingView. With short-term trading interest waning, long-term investors increasingly view the coin as a yield instrument. According to Dune, as of June 11, 2026, ETH locked in staking reached an ATH of 39.51 million, equal to 31.71% of circulating supply. Source: Dune/hildobby. Ethereum is undergoing a deep identity and economic crisis: activity has migrated to L2 networks, depriving the base chain of most fee revenue. Amid price stagnation and growing investor frustration, internal governance strains have also intensified. One trigger for the current turbulence has been unprecedented turnover at EF. In November 2025, developer Peter Szilágyi left the project. He argued that people involved in EF’s day-to-day work were underpaid and said Vitalik Buterin single-handedly sets the ecosystem’s direction. In 2026, a management restructuring began. Tomasz Stanczak explained his decision by a desire to return to hands-on engineering — in particular, building agentic AI systems. April brought operational losses. Veteran Josh Stark — a seven-year EF contributor who led the Trillion Dollar Security initiative — and Trent Van Epps both announced their departures. Van Epps stayed within the Protocol Guild ecosystem. The dynamics in May were especially telling as core consensus architects began to leave. On May 19, 2026, resignation came from Carl Beekhuizen, a seven-year veteran who helped launch the Beacon Chain. He diplomatically cited wanting to spend time with his newborn. But the community noted the context: EF was also left by Julian Ma, who spent four years on the FOCIL project focused on anti-censorship protections. The simultaneous exit of specialists responsible for the network’s fundamental architecture was a clear market signal of internal discord. An ideological break also underlies the reshuffle. On March 13, 2026, EF published a programmatic document, The Promise of Ethereum: Introducing the EF Mandate, setting four priorities: censorship resistance, openness, privacy and security. Rumors have circulated that some employees were told to sign the document or leave, according to reports. Behind the scenes, the situation is linked not only to generational change but also to financial pressure. To offset operating costs without spooking the market with constant asset sales, leadership took an unprecedented step. In March 2026, the Ethereum Foundation said it had staked an initial 72,000 ETH via a DVT‑lite setup. Evangelists capitulate and the death of the deflationary model In 2026, analysts observed an accelerating pace of transfers by ICO‑era whales and large holders. In several cases, transactions were followed by steady or accelerated selling: In April, one whale sold 11,552 ETH (about $23.4 million), deploying the USDC proceeds on Aave at a fixed rate; That month, an old address moved 10,000 ETH (about $22.88 million) to a new wallet after nearly 11 years of inactivity — a classic setup for an OTC deal or gradual distribution via market makers, analysts said; In May, an address with an 11‑year history progressively sent more than 12,000 ETH to OKX, using a multisig structure for gradual distribution; In mid‑June, a Genesis‑block participant transferred 3,000 ETH to Kraken; At month‑end, a “sleeping” wallet moved 2,000 ETH (over $4.2 million) after 10 years of dormancy. Sales by investors with a $0.31 cost basis send a worrying signal: in today’s macro uncertainty and crypto‑market pressure, ETH’s potential for explosive upside may be exhausted. To see why the largest ETH holders are exiting, it helps to understand how Ethereum’s key technological win became its economic problem. The turning point was March 2024 — the Dencun upgrade and activation of EIP-4844. The protocol gave rollups a cheap way to post data to L1 via BLOB transactions, cutting costs by 10–100x. Activity surged to L2, and the base layer lost its primary fee source. After the next Pectra upgrade in May 2025, the average daily burn fell to 3.26 ETH, down 71% year over year. The EIP-1559 mechanism — the basis of the “ultrasound money” narrative — stopped working. According to Token Terminal, early 2025 saw daily network fee revenue near $40 million before stagnating to a 2026 local low around ~$10 million. Source: Token Terminal. As a result, Ethereum shifted into mild inflation. According to Ultrasound Money, annual ETH supply growth stood around 0.82% at press time. Source: Ultrasound Money. At a moment of obvious strain, Vitalik Buterin did what investors least expected — he offered an intellectual rationale. On February 3, 2026, he said the idea of rollups as “branded shards” of Ethereum “no longer makes sense.” In effect, the network’s co‑founder abandoned the notion that a growing rollup economy would automatically accrue value to the base token. Instead, Buterin suggested viewing L2 as a broad “spectrum” of networks with varying degrees of attachment to Ethereum security — from fully inherited to largely nominal. For investors whose thesis was “the more L2s, the higher ETH,” it sounded like an official verdict. The broken narrative was epitomized by David Hoffman — Bankless co‑founder and arguably Ethereum’s leading evangelist in recent years. On May 26, he published the essay Why I Sold My ETH, which went viral. He argued the “ETH is money” thesis did play out — just not at the scale its supporters expected: “Ethereum technically won, but the market is no longer willing to aggressively reprice ETH as a monetary asset.” Hoffman pointed to the core contradiction: the network deliberately chose the hardest path — open ecosystems, decentralization, L2‑based scaling and building infrastructure as a public good. That choice made Ethereum the foundation for stablecoins, DeFi and RWA, while letting much of the economic value leak past the base token. He added he remains “extremely optimistic” about Ethereum as a technology and expects it to advance. Former EF researcher Dankrad Feist also weighed in, proposing a new organization to “save” Ethereum with $1 billion in seed funding. He recommended forming a board of people who “want ETH to grow” and appointing “a competent leader who wants to fight.” On June 7, Ethereum co‑founder and Consensys CEO Joseph Lubin said in an interview with CoinDesk that criticism of EF stems from a misunderstanding of the foundation’s role. In his view, the organization should remain neutral toward the ecosystem and avoid mixing protocol development with commercial goals, and the current reorganization is not a sign of crisis. A zero-sum conflict Staff turnover at EF, broken tokenomics and a quiet exit by ICO whales can be read as different ailments sharing a single diagnosis: Ethereum is guided by someone with a fundamentally different definition of “success” and of what money is. Criticism of Buterin as the focal point of key decisions is not new. It took a concrete form in accusations made by Ethereum and Cardano co‑founder Charles Hoskinson. In September 2024, he argued that blockchains must either remain forever simple like Bitcoin or “choose a king.” In his view, Ethereum did the latter. “Everyone looks to him for a roadmap and inspiration. He’s the only person powerful enough to rally people. If you remove him from the equation, what would the next hard fork look like, and how quickly could they ship it?” Hoskinson asked. To assess how fair these “dictatorship” claims are, it helps to see how decisions are made in practice. Formally, the process is open: any protocol change moves through the EIP mechanism. Final inclusion in an upgrade is coordinated in regular calls where representatives of independent client teams reach technical consensus. Buterin has no veto. Yet his social posts effectively shape which research directions become priorities, and support or criticism of a given EIP is a signal client teams cannot ignore given his authority and reasoning. The clearest example of how that power works in reality — and the sharpest point of conflict with institutional capital — is FOCIL. In February, during one of the last meetings chaired by Alex Stokes, FOCIL was officially added to the roadmap for the upcoming Hegota upgrade slated for H2 2026. EIP‑7805 requires validators to include all valid transactions — including those touching addresses sanctioned by OFAC. If a proposed block ignores them, the chain automatically splits away from it. For crypto exchanges seeking regulatory cleanliness, and for institutional validators, that is a direct challenge. In response to criticism, Buterin wrote he is building “Ethereum on cypherpunk principles, without compromises.” This exposes the core ideological clash. Venture funds and institutional capital focus on quarterly metrics — token price, burn volume, L1 competitiveness by TPS. Buterin operates in a different register, where ETH’s price is a byproduct and the goal is creating a public good. Ethereum’s problems make more sense if you accept that Buterin’s mindset is a constant he will not trade for shifting economic cycles, even at the expense of the token’s price. It is an unpopular stance with little mass appeal, yet it is the cornerstone without which the No. 2 cryptocurrency would not exist. There is no clean win in this standoff. At this stage, Ethereum cannot satisfy both sides at once: a network architecture built for neutrality and censorship resistance is structurally incompatible with institutional demands. That is not a management failure but a deliberate choice made once and defended ever since. Retail outflows and whale profit‑taking are the fee the ecosystem pays for attempting to build a settlement layer that can outlive its creators.

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forklog.media Horizon Quantum to Deploy IonQ System in Dublin

Horizon Quantum plans to deploy a 256-qubit IonQ system based on ion traps in Dublin. This will be the company's second site for testing software on real quantum equipment. The system will be integrated with the Triple Alpha platform, which Horizon Quantum is developing to create quantum programs without being tied to a single type of equipment. The first site was established in Singapore in December 2025, featuring superconducting quantum processors from several suppliers.

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cryptopotato.com LBank to Host Argentina vs Austria VIP Matchday at AT&T Stadium During FIFA World Cup 2026

[PRESS RELEASE – Singapore, Singapore, June 12th, 2026] LBank, a leading global cryptocurrency exchange, will host an exclusive Matchday Experience on June 22 at AT&T Stadium in Dallas during the FIFA World Cup 2026. The exclusive event will unite global partners, VIP guests, and key representatives from the Argentine Football Association (AFA) for a premium […]

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blockonomi.com Bitcoin’s On-Chain Reset: STH MVRV And aSOPR Signal Potential Bottom Ahead

TLDR: STH MVRV fell to 0.75-0.80, a zone that historically precedes Bitcoin local bottoms Descending MVRV channel since 2024 signals fading demand momentum despite oversold readings aSOPR 7-day average nears 0.96 support, marking seller-exhaustion zones since 2019 Bitcoin trades near $63,271, consolidating as trader eyes short above 64,000-64,500 range Bitcoin is approaching a price zone [...] The post Bitcoin’s On-Chain Reset: STH MVRV And aSOPR Signal Potential Bottom Ahead appeared first on Blockonomi.

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blockonomi.com Why AI, Stablecoins, and Tokenization May Define Crypto’s Next Phase

TLDR: Stablecoin market cap reaches $317.8 billion, reinforcing role as settlement layer for AI agents Tokenized RWAs hit $28.25 billion onchain, but only $3.03 billion active within DeFi protocols DeFi total value locked stands near $91.7 billion across protocols, signaling steady capital base Analyst frames AI as execution layer, automating capital routing and risk management [...] The post Why AI, Stablecoins, and Tokenization May Define Crypto’s Next Phase appeared first on Blockonomi.

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news.bitcoin.com CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo

Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, vowing clear rules over enforcement even as he becomes the agency’s only sitting commissioner. ‘Not Regulating by Enforcement’ Selig, confirmed to lead the CFTC in December 2025, used remarks this week to draw a hard line under […]

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cryptobriefing.com Jude Bellingham says England squad lacked connection at Euro 2024, and his unofficial crypto token tells a similar story

Bellingham's remarks highlight the importance of team cohesion and caution against speculative investments in unofficial fan tokens. The post Jude Bellingham says England squad lacked connection at Euro 2024, and his unofficial crypto token tells a similar story appeared first on Crypto Briefing.

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blockonomi.com The Crypto Newcomer Stepping Into the Caesars and DraftKings Space

Caesars and DraftKings sit at the front of the US online betting market. Both brands have spent years building reputation, signing big-league deals, and putting their apps in front of millions of players. But the market is moving, and a new wave of crypto-first casinos is creating room for players who want something quicker and [...] The post The Crypto Newcomer Stepping Into the Caesars and DraftKings Space appeared first on Blockonomi.

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btcmanager.com Collectible NFTs in focus during nations 250th anniversary | Opinion

The Digital Asset Market Clarity Act (CLARITY Act), establishing a permanent statutory boundary between federal agencies in regulating digital assets, was formally placed on the U.S. Senate Legislative Calendar. However, its immediate passage faces strong resistance as the bill recently stumbled over crucial hurdles regarding…

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blockonomi.com Bank of America’s Top 5 Software Stock Picks for Second Half 2026: Snowflake, Datadog Lead the Pack

Bank of America identifies five software stocks outperforming the sector by 42%, citing AI growth and strong earnings beats as key drivers for H2 2026. The post Bank of America’s Top 5 Software Stock Picks for Second Half 2026: Snowflake, Datadog Lead the Pack appeared first on Blockonomi.

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cryptopotato.com LBank Launches Enhanced TRX Earn Products with Up to 11% APR

[PRESS RELEASE – Singapore, Singapore, June 12th, 2026] LBank, a leading global cryptocurrency exchange, has officially upgraded its TRX Earn offerings, enabling users to earn up to 11% APR. Through a combination of flexible and locked earning products, LBank aims to provide users with more efficient capital utilization and attractive passive income opportunities while supporting […]

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