June 2026: A wave of hacks hits the crypto industry — over 20 incidents recorded
Attack on Taiko: Incident Details The Taiko project, an Ethereum-compatible rollup, faced an exploitation of a vulnerability in the network state verification mechanism...
The CLARITY Act: A New Era of Protection for Blockchain Developers
The bill has already passed two critically important stages...
A new wave of crypto fraud: fake access to digital assets under the guise of Moscow Exchange services
$4.67 million stolen: Axelar reveals critical 'infinite mint' bug in bridge with Secret Network
On June 19, the team behind the cross-chain protocol Axelar confirmed the exploitation of a vulnerability in the bridge connecting its infrastructure to the Secret Network. The attacker managed to withdraw digital assets worth approximately $4.67 million by exploiting a so-called "infinite mint" bug. Notably, the incident went unnoticed for a full seven days.Technical Details of the Attack An analysis conducted by Axelar's lead developer, the Common Prefix team, identified the root of the problem in a modified CW20-ICS20 smart contract on the Secret Network side...
Weekly review: Bitcoin on the swings, Russia's Supreme Court changes the rules, and Ethereum seeks a way out of the crisis
The past week was packed with events that once again highlighted the fragility of the current market equilibrium while simultaneously demonstrating tectonic shifts in regulation. The market's main asset, bitcoin, once again reminded investors of its volatility, while at the institutional level, important changes occurred that could reshape the cryptocurrency landscape in Russia and Europe.Bitcoin: A Rollercoaster Ride Without Changing the Final Altitude The week began with a sharp surge by the leading cryptocurrency...
Toss Bank and Solana launch a revolutionary blockchain platform for international transfers
South Korea's Toss Bank, one of the country's leading digital banks, has entered into a strategic partnership with the Solana Foundation. Under the signed memorandum of understanding, the parties are beginning to create a fundamentally new financial infrastructure based on the Solana blockchain.First Phase: Stablecoins and Cross-Border Transfers In the initial phase, the bank is launching a pilot project to test international money transfers using stablecoins...
Critical vulnerability in Taiko: hacker withdraws $1.7 million through compromised verification mechanism
On June 22, the team behind the Layer 2 (L2) solution Taiko confirmed the compromise of the blockchain state verification mechanism. The incident has catastrophic consequences for the entire ecosystem: the security of any bridge deployed on the network can no longer be relied upon. Users are strongly advised to immediately withdraw all funds from bridge protocols on Taiko.Coordination with the security council and key partners has already begun...
Polymarket Scandal: Platform Paid for Fake Bets and Staged Wins
The prediction market platform Polymarket has found itself at the center of a major scandal. An investigation revealed that the company systematically paid content creators to produce videos featuring staged bets and winnings. These videos were distributed on social media and served as advertisements for the service, with many of them filmed on clone sites imitating the original platform.According to my data, dozens of creators were involved in the scheme...
Expert Analysis of Withdrawal: Hidden Signals and Market Implications
Mechanism and Triggers of Withdrawals Withdrawing funds involves transferring digital assets from a trading platform to a personal cold wallet or hardware storage...
Strategic accumulation: Major players are building positions amid market uncertainty
What is behind this movement? Over the past 72 hours, the volume of funds received by major accumulation addresses has increased by 23% compared to the average of the previous week...
The end of the bond era: how the disappearance of liquidity threatens Bitcoin and markets
The first signal came from analyst Bull Theory. His indicator of excess liquidity in the financial system, calculated as the difference between the growth rate of the money supply, inflation, and economic growth, has turned negative for the first time since 2021...
Cryptodigest June 22: Polymarket in the hot seat, Secret Network hacked for $4.7 million, and Japanese pension fund enters crypto
The United States and Iran have agreed on a 60-day "roadmap": what this means for Bitcoin and global markets
The meeting resulted in the creation of a High Committee for political oversight of the negotiations...
June 2026 sets an anti-record: over 20 crypto project hacks in a single month
The CLARITY Act: Long-awaited Legal Protection for Crypto Developers
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Leads to $4.67 Million Loss
On June 19, the Axelar blockchain protocol officially confirmed a hack of the cross-chain bridge connecting it to the Secret Network. The attacker exploited a critical vulnerability known as "infinite mint" and siphoned off approximately $4.67 million. The theft went unnoticed for seven days — a serious signal of shortcomings in cross-network transaction monitoring.According to an analysis conducted by the Common Prefix development team, the bug was found in the ICS-20 smart contract on the Secret Network side, which operates within the Cosmos ecosystem via an IBC connection...
Weekly roundup: Bitcoin on a roller coaster, while Russia specifies the legal status of cryptocurrencies
The past week was eventful: Bitcoin once again demonstrated classic volatility, Russia's Supreme Court made an important step in recognizing digital assets, and the European regulator is tightening requirements for crypto exchanges. Let's break down the key events.Bitcoin: Surge, Fall, and Return to Origins The week started with confident growth: the first cryptocurrency jumped from around $64,000 to a local high of $67,278 amid news of a potential truce between the U...
Toss Bank and Solana join forces: a new blockchain-based financial platform
The first phase of the collaboration involves testing cross-border transfers using stablecoins. Engineers will verify the technical feasibility of the idea and conduct pilot settlements...
Vulnerability in Taiko L2 Network: Hacker Withdraws $1.7 Million, Bridges at Risk
As a result of the attack, the attacker stole native TAIKO tokens and various "wrapped" ETH...
Polymarket paid bloggers for fake winning videos: a fraud scheme revealed
The prediction platform Polymarket has found itself at the center of a scandal. It turned out that the company secretly financed content creators who filmed staged videos supposedly showing winning bets. The videos were distributed on social media as covert advertising, which grossly violates the transparency principles of the crypto market.My analysis shows that the scale of the scheme is impressive...
Volatility and Liquidity: Analysis of the Current Situation with Withdrawals from Cryptocurrency Exchanges
Analysis of on-chain data shows that over the past week, net outflows from the top 10 exchanges exceeded $1...
The market is stable: Analysis of the current balance replenishment situation
This pattern is typical of accumulation periods, when the market prepares for its next significant move...
Liquidity is drying up, the era of bonds is over: what this means for Bitcoin
Bull Theory: The Money in the System Has Run Out According to calculations by analyst Bull Theory, the indicator of excess cash in the financial system has turned negative for the first time since 2021...
Crypto Morning June 22: Polymarket on lies, Secret Network hacked for $4.7 million, Japanese pension fund buys BTC
The US-Iran Roadmap: How Geopolitical De-escalation Will Affect Bitcoin
Under the agreements reached, a High Committee is being established for political oversight of the negotiation process...
June 2026: A wave of crypto project hacks — more than 20 incidents in one month
Attack on Taiko: Details and Consequences Taiko is an Ethereum-compatible rollup that finalizes transactions on the main network...
The CLARITY Act: A Lifeline for Crypto Developers or a New Era of Regulation?
The Tornado Cash Case as a Catalyst The main reason for the bill's introduction was the high-profile case of Tornado Cash co-founder Roman Storm...
Bitdeer surges: Bitcoin mining up 370% year-over-year — what's behind this leap?
The key driver is the explosive growth of its own hash rate. Over the year, it increased by almost 420%: from 13.6 EH/s to 70...
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Leads to $4.67 Million Loss
Technical Details of the Incident According to an analysis conducted by Axelar's core developer team, Common Prefix, the vulnerability was discovered in the ICS-20 smart contract operating on the Secret Network side within the Cosmos IBC connection...
Week in Review: Bitcoin Tests Nerves, While Russian Courts Change the Rules of the Game
The past week was packed with events that once again demonstrated the dual nature of the crypto market: on one hand — classic high volatility, on the other — tectonic shifts in the regulatory environment that are shaping the industry's long-term landscape. Let's break down the key points.Bitcoin: A Geopolitical Rollercoaster The leading digital asset started the week with a confident rise from $64,000 to a local peak of $67,278...