The U.S. economy added 172,000 jobs in May, exceeding Wall Street economists’ expectation of 80,000, while the unemployment rate held at 4.3%. According to NS3.AI, the Bureau of Labor Statistics also revised March and April payroll figures higher by a combined 93,000 positions. The stronger labor report was seen as reducing the Federal Reserve’s incentive to cut interest rates. Bitcoin slid toward $60,000 by Friday following the data. Fabian Dori said resilient payrolls take a June rate cut off the table.

Zcash founder Zooko said Shielded Labs is working with the Zcash Foundation, Tachyon Group, Valar Group, and the Zcash Open Development Lab (ZODL) on a proposal called “Ironwood” to restore users’ ability to verify the reliability of Zcash’s circulating supply. According to Foresight News, Ironwood would allow users to check whether Zcash’s circulating supply is correct. The proposal follows a critical counterfeiting vulnerability discovered last week in the Zcash Orchard pool. The issue was fixed on June 2 through an emergency network upgrade coordinated by ZODL and other ecosystem participants. Ironwood would create a new shielded pool using the patched Orchard circuit and would reject any transactions that create new outputs in the old Orchard pool. Zooko said the plan also includes measures such as AI-assisted security audits and formal verification to strengthen the codebase. Once activated, users would be able to independently verify circulating supply correctness through their own nodes immediately, without waiting for Orchard pool migration or relying on others’ actions. Zooko added that the upgrade timeline is expected to take longer than anticipated due to the development, testing, review, and ecosystem coordination required. Another uncertainty is the ongoing deprecation of zcashd; while Shielded Labs is not directly involved in that work, migrations by exchanges, mining pools, wallets, and other infrastructure providers to Zebra could affect the timing of the network upgrade.

U.S. banks recorded $325.1 billion in unrealized losses in the first quarter, up 6.2% from the prior quarter. According to NS3.AI, the Federal Deposit Insurance Corporation said higher mortgage rates in March reduced the value of mortgage-backed securities held by banks.

ZODL has proposed Ironwood, a new Zcash privacy pool built on Orchard, aiming to strengthen security through formal verification and independent audits. According to NS3.AI, the proposal targets activation at the end of July 2026, contingent on successful testing, completion of audits, and coordination across the Zcash ecosystem. The proposal frames Ironwood as an Orchard-based privacy pool intended to improve security assurances by relying on formal verification and third-party review before activation.

Bored Ape Yacht Club (BAYC) NFT #8554 was sold for $13,046 after previously trading for $147,953 on 2021 年 11 月 5 日, representing a decline of more than 90%. According to ChainCatcher, the sale was disclosed by CLLCT founder Darren Rovell in a post on X. The report said the transaction was viewed as an example of sharp price swings in some high-end NFTs during a broader market adjustment.

Major quantitative trading firms including DRW, Wintermute and IMC are building dedicated desks to trade prediction markets such as Polymarket and Kalshi, focusing on arbitrage and market microstructure rather than forecasting event outcomes, according to CoinDesk. DRW job listings cite sub-second cross-platform and news-driven strategies. Polymarket processed between $22 billion and $40 billion in 2025, with sports markets including $256 million on UEFA Champions League Winner, $399 million on 2026 NBA Champion and $79 million on 2026 NHL Stanley Cup. HyperLiquid is preparing to launch prediction markets ahead of the 2026 World Cup.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

The chairman of Bitmine stated that DeFi and AI will drive the Ethereum network value to the trillion-dollar level, and the current price is a "future option discount".

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The two-month-long global AI bull market suffered a major blow, with the Philadelphia Semiconductor Index plunging more than 10% on Friday, wiping out more than $1 trillion in market value in a single day.

Data center protests have swept across the United States. From Vermont to Oklahoma, from Indiana to California, communities are organizing to stop the tech industry's rampant expansion of data centers on their doorsteps.