ChainCatcher news, SlowMist founder Cosmos commented on the SecondFi security incident in the Cardano ecosystem, stating that user losses may exceed $20 million, involving over 129 million ADA and other tokens. Previously, SecondFi disclosed an impact of about 16 million ADA, with the issue stemming from a web wallet generation software.

Jefferies maintains a Buy rating on NVIDIA and raises the price target to $300, but notes that its AI server backplane PCB technology Kyber is likely delayed to 2028 or canceled, leading to a downward revision of the 2027-2028 PCB and CCL market size while strengthening upstream material and copper cable suppliers.

A newly created wallet withdrew 278,827 HYPE tokens from Coinbase, valued at ~$17.45M, and may continue to withdraw more.

U.S. President Trump signed two executive orders Monday to accelerate quantum computing development and migrate government systems to post-quantum cryptography, setting a 2031 deadline for high-value systems. The crypto industry sees this as a catalyst for post-quantum security research in blockchain.

Base announced an expansion of its Model Context Protocol (MCP) functionality, adding 13 new on-chain application integrations including Balancer, Bitrefill, Brickken, and KyberSwap. This enables AI agents to perform lending, trading, NFT minting, and gift card purchases. Initially launched on May 26 with only 7 protocols, the coverage has now tripled. The platform uses a non-custodial architecture with OAuth authentication, allowing AI agents to propose transactions while requiring explicit user approval, balancing automation and fund security.

Jefferies maintained its Buy rating on NVIDIA and raised the price target to $300, but noted that the Kyber PCB technology for AI servers is likely delayed to 2028 or canceled, reducing the PCB and CCL market size. Upstream material and copper cable vendors emerge as winners.

CryptoQuant recommends that Michael Saylor's Strategy halt its Bitcoin purchases and focus on rebuilding cash reserves, citing soaring dividend obligations, declining cash holdings, and unrealized losses on Bitcoin.

A New York man, Noman Saleem, was sentenced to 15 months in prison and 3 years of supervised release for impersonating crypto influencers on Telegram and defrauding investors of over $1.4 million through fake staking promises.