Daily brief: California memecoin ban, Bitget XRP, Buterin 2030 vision

CoinDesk's daily briefing rounds up three developments. California Gov. Gavin Newsom signed AB 2409, banning the state's public officials from issuing memecoins as part of an 11-bill anti-corruption package — a direct rebuke of President Trump's $TRUMP token, which Nansen data shows left roughly 989,000 buyers down a combined $3.81 billion.

Separately, the hacker behind the Bitget exchange breach is moving millions in stolen XRP that cannot be frozen. Much of the roughly $387.5 million haul sits in ether and XRP, which lack the freeze mechanisms available for stablecoins, letting the attacker keep shifting funds even as Bitget urged THORChain to block the linked addresses.

Finally, Ethereum co-founder Vitalik Buterin published his vision for Ethereum's 2030 architecture — the "cryptographic world computer" — combining the blockchain with cryptographic proofs and networks of off-chain computers to process transactions in parallel and extend privacy.