ETH causes trouble Tether's first gold stablecoin Tether challenges Beletti Grayscale

The Ethereum Foundation reorganized its core R&D team, focused on the three strategic goals and renamed "Protocol". The Ethereum Foundation announced on June 2 that it would reorganize its core protocol R&D team and officially launched the new name "Protocol". The organization will work around three strategic goals: expanding the mainnet (L1), improving data scalability (Blob expansion) and improving user experience (UX). The restructuring involves team structure adjustments, clear leadership responsibilities, and it is said that some members will leave the foundation. The foundation stressed that the move aims to accelerate the development of zkEVM and Layer 2 and make Ethereum more scalable to achieve the global "world computer" vision. 1: The ARK 21Shares Bitcoin ETF plans to conduct a "one split three" stock split on June 16. The stock split transaction is expected to take effect on June 16, 2025. After the split, it will continue to trade under the original CUSIP framework under the stock code "ARKB". ARKB's total net asset value (NAV) will not change due to the split. At the same time, investment goals, strategies and target positions will remain unchanged. 2: GF Securities: The Hong Kong stablecoin draft brings short-term structural opportunities. Cross-border payment and other sectors are expected to benefit. Tether launched the cross-chain gold stablecoin XAUt0 on the TON chain, which is a cross-chain gold stablecoin based on LayerZero's Omnichain Fungible Token (OFT) standard. XAUt0 is based on Tether's gold stablecoin XAUt, each token is backed by 1 troy ounce of physical gold and stored in a Swiss vault. XAUt0 can flow freely among multiple blockchains without relying on intermediate chains or asset packaging. It is technically similar to the previously launched cross-chain USDT0. Tether and Bitfinex invested in Twenty One Capital, and transferred a total of more than 25,800 Bitcoins. Golden Finance reported that Tether and Bitfinex invested in Twenty One Capital, and transferred a total of more than 25,812 Bitcoins. "Tether participated in the financing of Twenty One Capital (XXI) and has transferred a total of 18,812 bitcoins (of which 14,000 were transferred today; 4,812 were transferred on May 10). Meanwhile, Bitfinex also transferred 7,000 bitcoins to support the investment today."