Ethereum Co-Founder: More Funding Will Propel Organization to Help Ethereum Become Global Settlement Layer
On June 22, Ethereum co-founder Joseph Lubin took to social media to share that a truly trustless, neutral global coordination platform and digital asset settlement system would be a major breakthrough for the world. He emphasized that Ethereum’s large-scale, robust decentralization is exactly what’s making this vision possible.
Looking ahead, more trustworthy, well-funded organizations will partner with the Ethereum Foundation to advance this mission. These groups will focus on growing the broader Ethereum ecosystem and driving progress in key areas of interest for financial institutions adopting Ethereum technology: Ethereum Mainnet, Layer 2 (L2) networks, and Private Ethereum networks.
Down the line, these three pillars will achieve near real-time interoperability and composability, allowing ETH to flow freely across the expanded Ethereum ecosystem.
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Bittensor Co-founder: Protocol to Become Fully Decentralized Over the Next 18 Months
On June 22, Bittensor co-founder Const published a comprehensive article outlining the project’s current centralized governance framework and its roadmap to full decentralization. He noted Bittensor is not yet fully decentralized—unlike Bitcoin—but clarified this is not a design flaw; rather, it’s a strategic choice tailored to AI’s early, fast-evolving phase. Unlike Bitcoin, which faced headwinds from national financial systems at its launch, AI is still in its infancy, so Bittensor is prioritizing innovation speed and protocol iteration efficiency over early adoption of slow, on-chain governance led by a decentralized community. Instead, the core team will steer key upgrades to refine network mechanics and economic models in the near term.
Const emphasized Bittensor has already achieved decentralization at its most critical levels: token distribution, network ownership, and ecosystem participation rights. Since launch, the project has never engaged in pre-mining, has operated for ov
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Intel CEO Sets Ambitious Goal for 10x Return in 10 Years
June 22: During a recent interview on the "No Priors" podcast, Intel CEO Pat Gelsinger laid out an ambitious target for the company: hitting a 10x milestone over the next five to 10 years. Gelsinger noted Intel is restructuring its technology roadmap to center on three core areas: advanced packaging, next-generation semiconductor materials, and advanced substrate technologies.
He added that the company is doubling down on key technologies including advanced packaging tools like EMIB and Foveros, plus new semiconductor materials such as gallium nitride, silicon carbide, indium phosphide, and lab-grown diamonds. These moves are aimed at addressing the growing challenge of approaching the physical limits of traditional semiconductor process nodes, he explained. Gelsinger also highlighted that surging demand for AI and inference workloads is driving a CPU market recovery, and that the full potential of Intel’s foundry business may gradually emerge only after 2030.
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Brent Crude Falls 2% Intraday
June 22: According to Bitget market data, Brent crude oil fell 2% intraday, now trading at $78.52 per barrel. WTI crude dropped 1.86%, currently at $75.81 per barrel. Today’s report, citing sources close to the negotiating team, states the Strait of Hormuz will not reopen until both the Lebanon ceasefire agreement is fully complied with and Iran’s oil sales waiver is approved.
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Buffett's 'Favorite Journalist': Shorting Musk Often Comes at a High Cost
June 22 — Renowned financial journalist and Warren Buffett’s go-to reporter Becky Quick said in a recent CNBC interview that SpaceX’s upcoming IPO will undoubtedly draw substantial funds from retail investors. She added that while no one can guarantee long-term stock performance, history proves betting against Musk often comes with steep costs.
Even Charlie Munger and Warren Buffett have weighed in: though they may not necessarily invest in Musk’s companies, they will never take a stance against him, because betting against Musk himself is an extremely risky proposition.
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