Balancer co-founder Fernando Martinelli announced in a governance forum that, after careful consideration, the company has decided to shut down Balancer Labs. He pointed out that the v2 vulnerability attack on November 3, 2025, has created ongoing legal risks, maintaining a corporate entity responsible for past security incidents is detrimental to the protocol's future development, and the entity is unsustainable without a revenue stream. The core team members of Balancer Labs will be merged into Balancer OpCo, subject to governance approval. Martinelli stated that Balancer's annualized total fee revenue has exceeded $1 million in the past three months, and the protocol itself is still operational; the problem lies in the economic model surrounding the protocol and its excessively high cost structure. He supports the ongoing proposals for a token economic restructuring, including reducing BAL emissions to zero, shutting down the veBAL system, channeling 100% of protocol fees to the DAO treasury, reducing the V3 protocol share to 25% to attract liquidity, and providing exit liquidity for holders through BAL buybacks. In terms of products, the focus will be on reCLAMM, LBP, stablecoins, LST pools, and weighted pools, while reducing deployments on low-value chains. Fernando Martinelli stated that he will no longer maintain a formal relationship with the protocol after Balancer Labs closes, but is willing to continue providing support as an advisor.

According to Ember's monitoring, a whale transferred 464 BTC (worth $32.82 million) to Binance two hours ago. This whale bought in at an average price of $66,317 a month ago and sold it today at $70,713, realizing a profit of approximately $2 million.

Hong Kong's stock market opened with notable gains, as the Hang Seng Index rose by 1.55% and the Hang Seng Tech Index increased by 1.3%. According to Jin10, Laopu Gold (06181.HK) experienced a significant surge, climbing nearly 10.5%. Additionally, AIA Group Limited (01299.HK) and China Molybdenum Co., Ltd. (03993.HK) both saw increases of over 4%. WuXi AppTec Co., Ltd. (02359.HK) and HSBC Holdings plc (00005.HK) also reported gains, each rising more than 3.8%.

Ondo Finance has introduced a new platform designed for individual investors to create customized on-chain stock token portfolios. According to NS3.AI, the service has successfully completed registration with the U.S. Securities and Exchange Commission (SEC) in preparation for its upcoming rollout in the United States. This platform allows users to construct their own stock baskets, providing direct exposure to U.S. stocks without the need for a traditional brokerage account. The service includes automatic rebalancing features and plans to expand its offerings to include commodities in the future.

An address reportedly linked to Blockchain Capital has staked 6,400 ETH, valued at approximately $13.82 million. According to NS3.AI, this marks the first new staking activity associated with the firm in two years.

Russia is evaluating a legislative proposal to permit domestic trading of cryptocurrencies that have surpassed 5 trillion rubles in market capitalization and 1 trillion rubles in daily trading volume prior to listing. According to NS3.AI, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) currently meet these criteria. The proposal also includes provisions for Russia's financial monitoring agency to prohibit privacy-focused cryptocurrencies. Lawmakers are targeting July 1 for the bill's adoption, with retail investment anticipated to be limited to under $4,000 annually.

SoftBank's Chief Financial Officer, Yoshimitsu Goto, has indicated that the company's loan-to-value ratio could potentially exceed 25% in the future. According to Jin10, this statement reflects SoftBank's financial strategy and its approach to managing debt levels. The remarks were reported by the Financial Times, highlighting the company's ongoing assessment of its financial metrics and potential adjustments in response to market conditions.

The Chinese yuan has shown varied movements against major currencies. According to Jin10, the USD/CNY rate is at 6.8943, marking a decrease of 98 points, indicating a yuan appreciation. Meanwhile, the EUR/CNY rate increased by 265 points to 7.9941. The HKD/CNY rate decreased by 9.9 points to 0.88015, while the GBP/CNY rate rose by 562 points to 9.2471. The AUD/CNY rate fell by 71 points to 4.8255, and the CAD/CNY rate decreased by 92 points to 5.0183. The JPY/CNY rate increased by 156 points to 4.3476. The CNY/RUB rate saw a significant decrease of 1701 points to 11.8949. The NZD/CNY rate increased by 93 points to 4.0301, while the CNY/MYR rate slightly decreased by 0.9 points to 0.57047. Lastly, the CHF/CNY rate increased by 44 points to 8.7578, and the SGD/CNY rate rose by 260 points to 5.4036.

Global companies are increasingly enhancing their treasury sovereignty through asset swaps and targeted acquisitions, according to ChainCatcher. Semler Scientific (NASDAQ: SMLR) disclosed an additional purchase of 212 BTC at an average cost of $75,100, bringing its total holdings to 2,032 BTC. Acurx Pharmaceuticals (NASDAQ: ACXP) confirmed the completion of its second $2 million Bitcoin acquisition plan, adjusting its inflation-resistant treasury strategy from quarterly to monthly execution. DeFi Technologies (CBOE: DEFTF) reported a 1.2% net yield on its BTC treasury for March and announced the introduction of staked SOL as a diversification supplement. Metals One PLC (LSE: MET1) announced the successful swap of its initial $5 million gold reserves for equivalent Bitcoin, marking the operational phase of its 'hard asset transformation.' TeraWulf (NASDAQ: WULF) announced its 'zero-carbon' BTC reserves have surpassed 3,000 BTC, reaffirming its commitment to maintaining a retention rate of over 90% of its output.

European stock futures experienced a decline, with the Euro Stoxx 50 futures dropping by 0.6%. According to Jin10, Germany's DAX futures fell by 0.4%, while the FTSE 100 futures in the UK decreased by 0.2%. The downturn reflects ongoing market uncertainty and investor caution.

Gold, bonds, and Bitcoin are reflecting the current trends in the financial markets. Why is this happening? And what future trends do these three asset classes foreshadow?

Tokens, artificial intelligence, AI agents, "burning tokens" becomes a KPI. One programmer spent 150,000 yuan in a month. (Jinse Finance, the bill is borne by the company.)

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3005, providing you with the latest and fastest news on the digital currency and blockchain industry.

With the widespread adoption of local payment channels, the costs of traditional transfers have been significantly reduced. Currently, the main costs are concentrated in the domestic settlement process, which is precisely what stablecoins cannot bypass.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

In the past few months and weeks, the RWA cycle has become one of the hottest topics in the cryptocurrency space.

War and inflation should be gold's most loyal allies, but this time, gold has thoroughly disappointed investors.

SAAS, AI Agent, AI Agent Cannot Kill SaaS - Golden Finance: The Real Moat is the Uniqueness of Data.

In a complex economic and political environment, the Federal Reserve is about to face the most complex and unpredictable power transition in decades.

Gold, gold prices fluctuate, but someone is rewriting its rules. Golden Finance reports that spot gold has almost wiped out all of its gains this year.