[Stablecoin Payment Support Company Zynk Completes $5 Million Seed Round Financing] Infrastructure company Zynk, which supports stablecoin cross-border payments, announced the completion of a $5 million seed round financing. The round was led by Hivemind Capital, with participation from Coinbase Ventures, Alliance DAO, Transpose Platform VC, Polymorphic, Tykhe Ventures, and Contribution Capital. The funds will be used to expand transaction channel coverage, enhance liquidity, technology, and compliance infrastructure, and establish partnerships with leading global payment service providers. Zynk offers instant cross-border settlement services without requiring pre-funded accounts, supporting six currencies including USD, EUR, and INR. Since its launch in April, the platform has achieved an average monthly growth rate of 70%. Team members come from fintech backgrounds such as Amazon Pay India and Morgan Stanley.

[SharpLink Earned 459 Ethereum Through Staking Rewards Last Week] Publicly traded company SharpLink announced on platform X that it earned 459 ETH through Ethereum staking rewards last week. As of now, since implementing this staking strategy on June 2, 2025, SharpLink's total accumulated staking rewards have reached 6,575 ETH.

[Impact of Risk Aversion, Bitcoin Drops to Lowest Point Since June] Affected by risk aversion, Bitcoin's price has fallen, reaching its lowest level since June.

Analysis shows that the $116 million vulnerability attack suffered by Balancing was carefully planned over several months, with funds infiltrating through Tornado Cash, and no obvious operational security vulnerabilities were found. （Cointelegraph）

Hashprice drops to $43.1 PH/s as bitcoin’s price correction, low fees and record hash rate squeeze miners’ margins.