Curated coverage of blockchain, Web3, DePIN and token launches-no fluff.
LayerZero has officially outlined its initial token distribution model, detailing allocations for the community, core contributors, and strategic partners. The model focuses on long-term alignment and is set to begin a multi-year release period. This move formalizes the economic structure for the cross-chain interoperability protocol.
Ethereum co-founder Vitalik Buterin has published a roadmap for 'The Purge,' a new phase focused on simplifying the network by removing outdated technical baggage. The plan involves deleting old transaction history and eliminating legacy code to streamline the client and node software. This aims to make Ethereum lighter, more efficient, and easier to run for validators.
The Uniswap Foundation has announced the Uniswap v4 core codebase is now unfrozen, moving it from planning to active development. This allows developers to start building and testing new features on the upcoming decentralized exchange upgrade. The v4 code will not launch on Ethereum mainnet until after the upcoming Dencun hard fork is complete.
Crypto exchange Gemini has agreed to pay a $40 million settlement to New York regulators over its Gemini Earn program. The settlement resolves claims that Earn was an unregistered securities lending product. The New York Attorney General's office announced the deal on June 13.
Coinbase announced the listing of Kerosene's mainnet token, $KERO, for trading on its exchange. The listing marks a significant step for the high-performance Layer 1 blockchain. Trading is set to begin on June 14, 2026.
The Arbitrum Foundation has set a deadline of July 1, 2026, for submitting proposals for its Long-Term Incentives Pilot Program. The program will allocate 25 million ARB tokens to fund initiatives that boost sustainable ecosystem growth. Proposals will be reviewed and voted on by the Arbitrum DAO.
Immutable has launched early access for Infinite Realms, its first-person multiplayer fantasy game. The game is now available on Immutable Passport, the platform's non-custodial wallet. This marks a key step in Immutable's strategy to bring Web3 gaming to a wider audience.
The Matter Labs team has minted nearly 115 billion ZK tokens on the zkSync Era Layer 2 network. The tokens will be distributed to the community starting June 24. This is a key step for the upcoming launch of the ZK token and its associated governance.
The Sui Foundation has introduced a new tokenomics proposal for its SUI token. The plan includes a new 10-year unlock schedule for staking rewards and a revision of emission rates. This aims to provide more predictable token distribution.
The Solana Foundation has selected the inaugural group of delegates for its Governance Alpha program. These delegates will review and vote on community proposals for a portion of the Foundation’s treasury. This marks the first stage in Solana's planned transition to on-chain governance.
Pudgy Penguins has moved forward with an airdrop of its new game tokens. The Apex token will be distributed to Pudgy NFT holders and the Solana-based Lil Pudgys community. This expands utility for popular non-fungible token (NFT) collections.
Circle Internet Financial, the issuer of the USDC stablecoin, has filed an application with the US Securities and Exchange Commission for a spot Ethereum exchange-traded fund. The fund, named the Circle Ethereum Trust, would hold Ether directly. This move follows the SEC's approval of spot Ethereum ETFs for several major asset managers earlier this year.
