web3

According to The Block, the Web3 asset management platform XEFFY announced the completion of a $20 million financing round, which includes $5 million in angel funding and $15 million in a private round supported by early strategic investors.The funds will be used to develop its Vault management platform, expand the on-chain real-world asset (RWA) infrastructure, and support early RWA projects through the XEFFY fund to expand the global ecosystem. The platform combines market-neutral Vault strategies with dedicated on-chain RWA infrastructure built for retail and institutional users.Currently, the tokenized RWA market is expected to exceed $30 billion by 2025, with institutions like BlackRock and Fidelity already deploying related products. The XEFFY platform has approximately 200,000 community members on X, Telegram, and Discord, and its Asia-Pacific ambassador program has about 200 contributors.

The prediction market liquidity aggregation infrastructure Fortune Protocol officially announced the launch of the "Summer Heat" Carnival joint growth event. This event brings together several top AI and infrastructure projects, aiming to create the most anticipated Web3 celebration of summer 2026.It is reported that this carnival will last until June 25, with a total prize pool of up to 2,000 USDT. The event adopts a "zero threshold, high incentive" model, where ordinary users only need to complete basic social interaction tasks through the Galxe platform to share in the generous rewards.As a pioneer in AI-driven prediction markets, Fortune Protocol's collaboration with multiple ecological partners not only achieves a strong synergy in brand presence but also ignites community participation enthusiasm through the "Summer Heat" theme, laying a solid user foundation for the explosion of the prediction market track in 2026.

According to SlowMist monitoring, a new type of Rust supply chain malware activity named IronWorm is attacking developer environments and the Web3 ecosystem through malicious npm packages. Potential attack behaviors include credential theft, wallet mnemonic and password theft, GitHub repository tampering, malicious package publishing, CI/CD secret leakage, Tor-based command control, and eBPF rootkit stealth.Security teams should audit the repository for backtracked commits, suspicious branches, unexpected build hooks, and commits from automated identities such as claude, dependabot, renovate, or github-actions. It is recommended to remove or deprecate affected package versions, publish clean versions, rotate all leaked keys and tokens, review GitHub Actions artifacts, and rebuild potentially compromised development or CI systems from clean images.

The Liberal Democratic Party's Blockchain Promotion Parliamentary Alliance in Japan submitted a policy proposal to Finance Minister Katsuyuki Kitayama, calling for the clear inclusion of blockchain and Web3 in the national strategy. The proposal covers multiple areas including tax reform, cryptocurrency ETFs, leveraged trading regulation, responses to unregistered operators, cryptocurrency strategy, and trade logistics. Among them, the proposal suggests further research on the choice mechanism for "declaration separation taxation" and "withholding separation taxation" for crypto assets, and explores the tax treatment methods for exchanges and inheritance of crypto assets.In terms of derivatives regulation, the proposal believes that the current 2x leverage limit for individual cryptocurrency trading is too low and suggests gradually increasing the leverage level in conjunction with margin management systems. At the same time, the proposal also calls for a clear positioning of the cryptocurrency ETF system and strengthening law enforcement cooperation with overseas regulatory agencies. Katsuyuki Kitayama stated that he will actively promote the construction of related systems, including facilitating the implementation of cryptocurrency ETFs and researching a new tax system to be implemented in January 2028.

Jason Smith, the chairman of the U.S. House of Representatives' fundraising committee, stated that digital asset tax legislation must receive bipartisan support; otherwise, the related bill process will not advance. Subsequently, U.S. Representatives Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey jointly proposed the "Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Revenue Act" (PARITY Act). The bill aims to update digital asset tax rules, provide a clearer regulatory framework for the market, while enhancing investor protection and preventing market manipulation.Representative Steven Horsford stated that the bill will help ordinary investors participate more safely in the digital asset market and promote wealth accumulation opportunities. Max Miller believes that the current U.S. tax laws are unable to adapt to the rapid development of digital assets and modern financial technology. Currently, the PARITY Act and the advancing CLARITY Act are seen as important components of establishing a comprehensive regulatory system for crypto assets in the United States.The U.S. Congress released a tax policy discussion draft in March this year and held a bipartisan roundtable in May to discuss the tax framework for crypto assets. The market is closely watching whether the CLARITY Act can be passed by 2026. Analysts believe that if both the CLARITY Act and the PARITY Act are ultimately legislated and combined with the subsequent rule-making of the GENIUS Act, the U.S. crypto industry will welcome a clearer regulatory environment, further promoting Web3 and DeFi into the mainstream financial system.

YZi Labs announced the launch of the YZi Labs Creator Program, aiming to build a curated network of creators covering Web3, AI, and cutting-edge technology fields, and to connect with the distribution channels of its over 300 portfolio companies. Participating creators will have priority access to the founders of YZi Labs' portfolio; project teams and founders can connect with content creators skilled in storytelling about products and visions through this program.

According to official news, the smart DeFi assistant Otomato announced the completion of a $2 million financing led by Improbable. Otomato is a no-code Web3 automation protocol and DeFi assistant that allows users to create, monitor, and automate on-chain operations, with over 3,000 users currently.

Web3 AI infrastructure AIW3 announces strategic investment from Liquid Capital.AIW3 focuses on the deep integration of AI Agents and on-chain transaction execution, creating intelligent execution infrastructure for the next generation of Web3 through a modular Agent collaboration network, an on-chain strategy scheduling system, and a Vault fund collaboration mechanism. The project has currently completed the real-time verification and deployment of its core protocol and will continue to expand the capabilities of its decentralized Agent network in the future, promoting the development of an AI-driven on-chain execution ecosystem.Liquid Capital stated that AIW3 is not a traditional overlay of AI concepts, but rather reconstructs trading infrastructure from the ground up based on execution logic for the AI-native era.

According to Aastocks, Hong Kong-listed company Guofu Quantum announced the acquisition of a total of 11.89 million issued shares of the decentralized social and messaging platform Luffa AI for $19.8 million (approximately HKD 154 million), and additionally invested $20 million (approximately HKD 156 million) to subscribe for a total of 10 million new shares of Luffa AI. After the transaction is completed, it will hold a 19.9% stake in Luffa AI.Luffa AI is primarily engaged in the development and operation of communication and social network products and related services based on artificial intelligence and Web3, using end-to-end encryption and distributed technology to protect user data, and providing decentralized identity, permission management, and other services as the infrastructure layer for autonomous artificial intelligence agents.

According to official news, YZi Labs announced the launch of the recruitment platform YZi Talent, integrating open positions in Web3, AI, and biotechnology from its portfolio.The first batch of positions includes Backend Chief Engineer at predict.fun, Frontend Staff Engineer, and Founding Business Leader at AgriDynamics Robotics, with more companies set to join in succession.

Japanese yen stablecoin issuer JPYC announced that its Series B round of financing is about to be completed, with a total financing amount expected to reach approximately 5 billion yen. New investors in this round include Life Design Fund, IHD STRATEGY FUND, a fund under Awa Bank, and Meiji Yasuda Future Co-Creation Fund, among others.JPYC stated that the new financing will mainly be used for system and application development, recruitment of business expansion talent, promotion of stablecoin payment and management business, as well as the construction of M2M (machine-to-machine) payment scenarios for AI Agents. JPYC obtained a license for Japanese money transfer operators in 2025 and began issuing the stablecoin JPYC, which is pegged to the yen at a 1:1 ratio, in the same year. The company reported that within about 7 months of issuance, the number of accounts reached 18,000, with a cumulative issuance exceeding 2.5 billion yen and a total transaction volume exceeding 35 billion yen. Currently, JPYC has been deployed on four chains: Ethereum, Polygon, Avalanche, and Kaia, and has integrated with the LINE ecosystem Web3 wallet Unifi, aiming to promote the adoption of stablecoins among ordinary users in Japan.

YZi Labs announced the launch of its flagship global incubation program EASY Residency Season 4 (S4), with the application deadline set for June 21. This 10-week founder program adopts a "5 weeks online + 5 weeks offline in Bhutan" model, with the offline phase taking place in the newly established special administrative region of Glimpse Mindfulness City in Bhutan. Selected projects can receive up to $500,000 in investment, including a $150,000 SAFE agreement for 5% equity and a $3.5 million unlimited SAFE agreement, with founders' accommodation, meals, and workspace costs fully covered during their stay in Bhutan.This round of incubation focuses on the fields of Web3, AI, and biotechnology, including global payments, Agentic Economy, next-generation DeFi, AI infrastructure, AI × healthcare biotechnology, and Web3 × healthcare biotechnology. The mentor lineup includes Zhao Changpeng, He Yi, and Balaji, among others.

Hash Global founder Shen Kang (KK) tweeted that Web3, as a technology industry, should not have saviors and should not rely on heroic figures.He believes that Vitalik's line of thinking is correct; Ethereum should remain highly neutral and decentralized, just like Bitcoin, and the fewer people "manage" it, the better. Great and useful technology will grow naturally; if it needs to rely on specific individuals or groups to survive, then it is not worth existing.KK pointed out that Web3 entrepreneurs can easily be distracted by being close to the "casino," but this is a characteristic of the industry, and they should focus on leveraging technological features to create new business models. At the same time, it is normal for early participants to leave; Web3 will ultimately deeply integrate with other technologies like AI, rather than existing independently.