Cointelegraph.com
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Found 11109 news
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Cointelegraph.com - 07:00 Jun 09, 2026
Chainalysis identified a growing attack pattern targeting unverified DeFi contracts, with hackers stealing $36.7 million across four exploits since January. Unverified smart contracts were linked to at least $36.7 million in losses across four DeFi exploits over the past six months, as attackers increasingly target protocols whose source code is not publicly available, according to Chainalysis. The largest incident involved Truebit, which lost $26.2 million after an attacker exploited an integer overflow vulnerability in a contract that had remained unverified on Ethereum since 2021. The other incidents involved Trusted Volumes, Aperture Finance and Ekubo, according to the report. In each case, the exploited contract had not been verified on a blockchain explorer, meaning its source code was not publicly available for review. According to Chainalysis, that limited scrutiny from security researchers and excluded the contracts from many bug bounty programs despite controlling user funds. Read more -
Cointelegraph.com - 07:00 Jun 09, 2026
The Hedera-based platform combines product authentication and blockchain traceability to support compliance with new European Union sustainability and supply-chain reporting requirements. The Hashgraph Group and Merck have integrated the German tech maker's product authentication technology with TrackTrace, a Hedera-based digital product passport platform introduced in February, as businesses seek to comply with new European Union supply-chain transparency and traceability requirements. Under the arrangement, Merck's M-Trust technology embeds security markers into products and packaging that can be verified with a handheld scanner. Authentication data is then recorded on The Hashgraph Group's TrackTrace platform, creating a digital record linked to a product's Digital Product Passport. The companies said the integration combines physical product authentication with blockchain-based traceability, allowing businesses to verify both the authenticity of a product and the records associated with it. Read more -
Cointelegraph.com - 07:00 Jun 09, 2026
The crypto exchange will promote digital asset adoption through fan activations and product experiences at the first 48-team FIFA World Cup. Kraken has been named the official crypto exchange supporter of the FIFA World Cup 2026, giving the crypto exchange a presence at one of the world's largest sporting events. The company said Tuesday that the partnership will include fan activations and product experiences throughout the tournament. The 2026 World Cup is expected to be the largest in FIFA history, with an expanded field of 48 teams and 104 matches across 16 host cities in the United States, Mexico and Canada. FIFA projects the competition will attract a cumulative global audience of more than 6 billion viewers during its seven-week run. Read more -
Cointelegraph.com - 06:43 Jun 09, 2026
Crypto lobby groups representing hundreds of organizations urged Senate leaders in a letter to schedule a vote on a key crypto bill ahead of the midterms. More than 200 crypto companies and organizations have urged the US Senate to pass the CLARITY Act, amid concerns that continued stalling could see it miss an important legislative window. In a letter on Monday shared by crypto lobby group Stand With Crypto, the group called on Senate Majority Leader John Thune and Minority Leader Chuck Schumer “to bring the Clarity Act to the Senate floor without delay.” It said the Senate Banking Committee's vote last month to pass the bill took “months of serious, bipartisan work” and the Senate should “build on that momentum and give members the opportunity to advance durable market structure legislation.” Read more -
Cointelegraph.com - 06:41 Jun 09, 2026
Autonomous AI and crypto could have “far-reaching consequences for users and the financial system,” IC3 researchers said. Artificial intelligence agents that have autonomous access to crypto wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, experts from a leading academic research consortium warned. “Unstoppable Autonomous Agents” (UAAs) pose a clear threat if they are deployed to persist automatically and have access to digital assets, according to a June 8 industry review written by 25 academics and experts from top US universities for the Initiative for Cryptocurrencies and Contracts (IC3). “When combined systematically, crypto tools can channel AI’s fluid power into secure, reliable, and highly autonomous systems,” the researchers wrote. However, this combination could have “far-reaching consequences for users and the financial system,” they added. Read more -
Cointelegraph.com - 06:15 Jun 09, 2026
Bitcoin's recovery highlights investors' belief that BTC is discounted, but weak futures market activity could slow the rebound. Bitcoin (BTC) rallied toward $64,000 on Monday, but futures market activity was lagging, which may be a sign that the rebound could lose momentum. Traders placed nearly $162 million in buy orders between $57,000 and $59,000, forming one of the largest visible liquidity clusters below the current pricing, potentially setting the stage for BTC's next move. Bitcoin's recovery coincided with a decline in futures market activity. Futures data shows that the aggregated open interest fell to 255,000 BTC from 282,000 BTC during the selloff and even though Bitcoin has recovered from its drop to $59,000, the open interest remains well below last week's peak. Read more -
Cointelegraph.com - 04:40 Jun 09, 2026
The Financial Conduct Authority floated the idea of allowing limited exposure to crypto for retail-focused funds if it aligns with “disclosed investment objectives.” The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds. The FCA floated the idea in a quarterly consultation paper on Friday, which would allow retail-focused funds called undertakings for collective investment in transferable securities, or UCITS funds, and some non-UCITS funds to gain exposure to crypto. The regulator said it wanted authorized funds to “remain contemporary and consistent with the demands of investors” while ensuring consumers “are adequately protected and markets function well.” Read more -
Cointelegraph.com - 03:26 Jun 09, 2026
The compromise of private keys belonging to a member of the Humanity Foundation has reportedly resulted in the theft of at least $30 million worth of its native token. The Humanity Protocol, dubbed the “Chinese Worldcoin,” has been exploited for more than $30 million through a private key compromise, sending the price of H tokens plummeting on Tuesday. “We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation,” said Terence Kwok, founder and CEO of Humanity Protocol, on Tuesday. Kwok advised users not to interact with the bridge or any liquidity pools until it has been deemed safe and added that the team was working with security experts, but did not provide any further details at the time. Read more -
Cointelegraph.com - 02:02 Jun 09, 2026
OpenAI says it filed for an initial public offering in the US, but has not yet decided when it will launch. ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut. OpenAI posted to X on Monday that it filed confidential paperwork with the US Securities and Exchange Commission, but had not decided when it would launch to the public. “We expect it to leak so we’re just announcing it,” the company wrote. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company.” Read more -
Cointelegraph.com - 20:53 Jun 08, 2026
Tokenized stocks, gold and real estate are driving broader adoption as banks and institutions embrace blockchain-based assets despite a weaker crypto market. Tokenized real-world assets (RWAs) remain one of the few bright spots in the cryptocurrency industry, even as macroeconomic headwinds and policy uncertainty weigh on markets in 2026, according to Binance Research. In its latest Monthly Market Insights report, Binance Research said the market for active tokenized RWAs surged 589% from early 2025 to June 2026. Bonds and money market funds led the sector in dollar terms, growing by 83% and adding $6.5 billion in value. Tokenized stocks, however, recorded the fastest growth, with their market value jumping 422%. Read more -
Cointelegraph.com - 18:11 Jun 08, 2026
Record-low Bitcoin RSI readings and whale accumulation highlight a generational buying opportunity, even as analysts still expect BTC to fall below $60,000. Bitcoin's (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the "best thesis" for buying BTC. Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also increased their holdings. MN Capital founder Michael van de Poppe highlighted Bitcoin's historically weak momentum readings as a potential long-term opportunity. Read more -
Cointelegraph.com - 15:17 Jun 08, 2026
Bitcoin analysis warned that $60,000 may not hold next, as bear-market moves continued and macro hurdles multiplied. Bitcoin (BTC) approached intraday highs ahead of Monday’s Wall Street open, with $60,000 holding as key support. Key points: Read more -
Cointelegraph.com - 14:46 Jun 08, 2026
BlackRock’s IBIT accounted for most of the weekly Bitcoin ETF redemptions, while Fidelity and Grayscale funds also saw outflows. Spot Bitcoin exchange-traded funds (ETFs) recorded about $1.72 billion in net outflows in the week ending June 5, according to SoSoValue data. The outflows extended the streak to four straight weeks of billion-dollar redemptions, dating back to the week ending May 15. Data compiled by Farside Investors shows that the pressure was concentrated across the first three trading days of June, when the funds shed $483.8 million, $519.1 million and $396.6 million, respectively. The ETFs briefly reversed into a $3.2 million inflow on Thursday before Friday's $325.7 million in outflows. Read more -
Cointelegraph.com - 14:30 Jun 08, 2026
Bitcoin flashes only its second weekly bullish divergence on record, a signal that previously preceded a 755% BTC price rally. Bitcoin (BTC) is showing a rare divergence between its falling prices and rising momentum, a setup that last appeared around the FTX-era market bottom. Key takeaways: As of Monday, BTC's weekly relative strength index (RSI) was over 34, almost two weeks after slipping under the oversold threshold of 30. In the same period, the price dropped to around $63,000 from $75,770. Read more -
Cointelegraph.com - 14:02 Jun 08, 2026
South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb's offices. South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi. Kim allegedly attempted to influence employment opportunities for his son at multiple crypto firms, including Bithumb and Dunamu, the operator of rival exchange Upbit, according to a Monday report by News1. Kim’s son joined Bithumb in January 2025 and worked there for about six months, the local outlet reported. Authorities are investigating whether any external pressure or preferential treatment influenced the hiring process. Read more -
Cointelegraph.com - 13:50 Jun 08, 2026
Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale. [Update 18:15 UTC June 8: Adds outcome of Strategy shareholder vote on change in preferred stock dividend payments in sixth paragraph.] Strategy purchased 1,550 Bitcoin for approximately $101.3 million last week, bringing its total holdings to 845,256 BTC. The company paid an average price of $65,332 per Bitcoin for the purchase, according to a Monday 8-K filing with the US Securities and Exchange Commission. Strategy's aggregate Bitcoin holdings were acquired at an average price of $75,680 per BTC, for a total cost of about $63.97 billion. Read more -
Cointelegraph.com - 12:08 Jun 08, 2026
CoinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. Yuga Labs-affiliated developers rescued 68 non-fungible tokens from Flooring Protocol after an exploit put NFTs from collections including Bored Apes and CryptoPunks at risk. Yuga Labs CEO Michael Figge said Monday that the recovered NFTs are now in the company's custody and will be returned once a solution is finalized. Yuga’s pseudonymous vice president of blockchain, 0xQuit, said the recovery covered more than $500,000 worth of NFTs. Read more -
Cointelegraph.com - 11:40 Jun 08, 2026
Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year. Bitcoin saw modest relief around its latest weekly close, data from TradingView shows, but among traders, the lack of major good news is conspicuous. Read more -
Cointelegraph.com - 11:23 Jun 08, 2026
Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. A court in the eastern Chinese city of Qingdao sentenced a man to 10 years and nine months in prison for stealing 107 Bitcoin after memorizing most of a victim’s 12-word wallet seed phrase. The Licang District People's Court sentenced the perpetrator, identified as Zhang, to prison and fined him 100,000 yuan (about $14,700) after finding he took control of the victim’s wallet and later cashed out more than $97,000, according to the case summary published by the Supreme People’s Procuratorate’s official WeChat account. Feng asked Zhang, an acquaintance who had previously helped with Bitcoin transactions, to assist in cashing out 117 Bitcoin in July 2023. While Feng wrote down the wallet’s 12-word recovery phrase during setup, Zhang memorized 11 of them and later reconstructed the final word to transfer 107 Bitcoin. Read more -
Cointelegraph.com - 10:02 Jun 08, 2026
Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool. Zcash developers are proposing a new shielded pool called Ironwood after a recently patched bug raised concerns about whether counterfeit ZEC could have entered circulation unnoticed. The Zcash Open Development Lab (ZODL) said Saturday that it is working with Tachyon, Valar Group, the Zcash Foundation and Shielded Labs on the proposed network upgrade, which would add formal verification and independent audits to the Orchard protocol, a privacy system that lets users move ZEC without revealing transaction details. The proposal would close the current Orchard pool to new deposits and internal transactions, requiring funds to pass through a “turnstile,” which serves as an accounting checkpoint, before entering Ironwood. Read more
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