Crypto news

22.06.2026
08:24

Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Leads to $4.67 Million Loss

хакеры hackers, перемещение средств 2 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...
08:23

Weekly roundup: Bitcoin on a roller coaster, while Russia specifies the legal status of cryptocurrencies

Weekly Summary 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...
08:22

Toss Bank and Solana join forces: a new blockchain-based financial platform

South Korea's Toss Bank and the Solana Foundation have officially solidified their partnership by signing a memorandum of understanding. The goal is to create a modern financial infrastructure based on the Solana blockchain.
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...
08:21

Vulnerability in Taiko L2 Network: Hacker Withdraws $1.7 Million, Bridges at Risk

On June 22, the team behind the second-layer (L2) solution Taiko confirmed a serious compromise of the blockchain state verification mechanism. This incident has called into question the security of all bridges deployed on the network. Users are strongly advised to immediately withdraw funds from all bridge protocols on Taiko, as they can no longer be trusted.
As a result of the attack, the attacker stole native TAIKO tokens and various "wrapped" ETH...
08:20

Polymarket paid bloggers for fake winning videos: a fraud scheme revealed

Polymarket 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...
08:14

Volatility and Liquidity: Analysis of the Current Situation with Withdrawals from Cryptocurrency Exchanges

The digital asset market is once again showing signs of increased turbulence. In recent days, there has been a noticeable rise in the volume of withdrawals from major centralized exchanges. This is a classic signal that experienced market participants perceive as an indicator of a shift in sentiment — from short-term speculative activity to long-term holding or, in some cases, a panic reaction.
Analysis of on-chain data shows that over the past week, net outflows from the top 10 exchanges exceeded $1...
08:13

The market is stable: Analysis of the current balance replenishment situation

Currently, we are observing a classic consolidation phase, where liquidity flows into the market without sharp price spikes. The process of balance replenishment recorded in recent days indicates that major players and institutional investors are gradually increasing their positions without creating excessive price pressure.
This pattern is typical of accumulation periods, when the market prepares for its next significant move...
08:11

Liquidity is drying up, the era of bonds is over: what this means for Bitcoin

Financial markets are on the verge of a tectonic shift. Two independent analysts — Bull Theory and Thierry Borje — point to the same process: the familiar investment model based on cheap money and perpetual bond growth is coming to an end. For Bitcoin, as the asset most sensitive to liquidity, this creates both short-term risks and long-term opportunities.
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...
08:10

Crypto Morning June 22: Polymarket on lies, Secret Network hacked for $4.7 million, Japanese pension fund buys BTC

The morning of June 22 brought mixed sentiment to the market: Bitcoin is drifting sideways, Ethereum is losing ground, and three significant events stand out against the news backdrop. Polymarket is accused of large-scale betting manipulation to attract users, Secret Network lost $4.7 million due to a smart contract vulnerability, and in Japan, a major corporate pension fund decided to allocate 1% of its assets to cryptocurrency...
08:08

The US-Iran Roadmap: How Geopolitical De-escalation Will Affect Bitcoin

This past weekend, the first round of high-level direct negotiations between the United States and Iran concluded in Switzerland. With Qatar and Pakistan acting as mediators, the parties approved a 60-day roadmap to prepare a final agreement. This process is developing within the framework of a bilateral memorandum previously signed in Islamabad.
Under the agreements reached, a High Committee is being established for political oversight of the negotiation process...
08:07

June 2026: A wave of crypto project hacks — more than 20 incidents in one month

In June 2026, the cryptocurrency industry faced a record wave of cyberattacks. According to my data, more than 20 hacks of various crypto projects have been recorded since the beginning of the month. The latest high-profile incident involved the Taiko project, which lost approximately $1.7 million due to a vulnerability in the network state verification mechanism.
Attack on Taiko: Details and Consequences Taiko is an Ethereum-compatible rollup that finalizes transactions on the main network...
08:06

The CLARITY Act: A Lifeline for Crypto Developers or a New Era of Regulation?

Senator Cynthia Lummis has once again drawn the attention of the crypto community by stating that software developers no longer need to hire expensive lawyers to verify the legality of their code. This concerns the CLARITY bill, which, according to her, aims to permanently resolve the issue of shifting responsibility for user actions onto technology creators.
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...
08:05

Bitdeer surges: Bitcoin mining up 370% year-over-year — what's behind this leap?

May 2024 was a landmark month for Bitdeer — the company managed to mine 921 BTC, which is 4.7 times higher than the result for the same period last year (196 BTC). This represents a 370% increase, and such figures indicate a major restructuring of the miner's operational model.
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...
08:04

Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Leads to $4.67 Million Loss

On June 19, the blockchain project Axelar officially confirmed a hack of its bridge connecting to the Secret Network protocol. As a result of the attack, the attacker withdrew funds totaling approximately $4.67 million, exploiting a critical vulnerability known as an "infinite mint bug." Notably, the theft went undetected for seven days, highlighting the complexity and stealth of the attack.
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...
08:02

Week in Review: Bitcoin Tests Nerves, While Russian Courts Change the Rules of the Game

итоги недели 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...
08:01

Toss Bank and Solana join forces: a new era of cross-border payments on the blockchain

South Korea's Toss Bank, one of the country's leading digital banks, has entered into a strategic partnership with the Solana Foundation. The signed memorandum of understanding marks a significant step in integrating blockchain technology into traditional financial infrastructure.
In the first phase of the collaboration, the bank is launching a pilot project to test cross-border transfers using stablecoins...
08:00

Critical vulnerability in Taiko: hacker compromised verification mechanism and stole $1.7 million

hack On June 22, a serious security incident occurred in the ecosystem of the L2 solution Taiko. An attacker managed to hack the blockchain state verification mechanism of the network, jeopardizing all bridges deployed on the platform.
Taiko developers promptly confirmed the compromise and stated that the security of bridge protocols can no longer be trusted. Users are strongly advised to immediately withdraw all funds from bridges integrated with the network...
07:58

Withdrawing funds from cryptocurrency exchanges: key aspects and strategies for investors

In the world of cryptocurrencies, withdrawing funds is not just a technical operation, but a critical stage of capital management. As an analyst, I observe daily how even experienced traders make mistakes at this stage, leading to wasted time, commission costs, or, in the worst case, asset freezes.
The main withdrawal methods are divided into two types: fiat (to bank cards or accounts) and cryptocurrency (to external wallets)...
07:57

Market Analysis: How Account Top-Ups Shape Current Cryptocurrency Dynamics

In recent days, the cryptocurrency market has seen notable activity related to the replenishment of trading accounts by large players. This process, known as liquidity injection, directly impacts short-term volatility and shapes new price levels.
According to my data, the volume of incoming transactions to major centralized exchanges has increased by 18% over the past 24 hours. Most of the funds are coming from wallets that have been inactive for several months...
07:56

Double Alarm: McGlone and Dalio Warn of Market Overheating and Bitcoin's Fate

Two heavyweights of financial analysis are simultaneously sounding the alarm, pointing to critical risks for overheated US markets. Bloomberg Intelligence strategist Mike McGlone speaks of a "once-in-a-lifetime reversal," while Bridgewater founder Ray Dalio forecasts negative real returns for US stocks for years to come. Both agree on the main point: markets are too optimistic, and capital is concentrated to a dangerous level...
07:54

The end of the "cheap money" era: what awaits bitcoin amid a liquidity crisis

The financial system is entering a new, much more severe phase. Two independent analysts — Bull Theory and Thierry Borje — are warning of tectonic shifts that threaten not only traditional markets but also Bitcoin. This concerns the deepest liquidity crisis since 2021 and the end of a 40-year bull cycle in the bond market.
Bull Theory highlights a critical indicator: excess liquidity in the financial system has turned negative for the first time since 2021...
07:53

Market on pause, Polymarket under fire, Secret Network hacked for $4.7 million: digest for June 22

The morning of June 22 finds the crypto market in a sideways movement: Bitcoin is stuck in a narrow range, while the main news comes from the security and institutional adoption sectors. Polymarket is accused of faking bets for marketing purposes, Secret Network lost $4.7 million due to a smart contract vulnerability, and a Japanese pension fund is preparing to enter crypto. Let's break down the key events...
07:51

Middle East De-escalation: How the 60-Day US-Iran "Roadmap" Shifts the Dynamics for Bitcoin

The first round of high-level direct negotiations between Washington and Tehran has concluded in Switzerland. With Qatar and Pakistan acting as mediators, the parties approved a detailed 60-day plan that will serve as the foundation for a final agreement. This process is unfolding within the framework of a bilateral memorandum previously signed in Islamabad.
According to the final statement, a High Committee will be established for political oversight of the negotiations...
07:50

June 2026 sets anti-records: over 20 crypto project hacks in one month

June 2026 is becoming one of the "hottest" months for the cybersecurity industry in cryptocurrencies. To date, more than 20 successful attacks on various protocols and platforms have been recorded. The latest high-profile victim is the Taiko project, which lost approximately $1.7 million due to an exploited vulnerability in its bridges.
Attack on Taiko: Incident Details Taiko is an Ethereum-compatible rollup that aggregates transactions and finalizes them on the mainnet...
07:49

Bitdeer increased bitcoin mining by 370% over the year: hash rate grew by 420%

mining Mining company Bitdeer is demonstrating impressive growth rates. In May of this year, the volume of mined bitcoin reached 921 BTC, a 370% increase compared to May of the previous year, when only 196 BTC were mined. This leap indicates a large-scale expansion of the company's operational capacity.
The key driver of this growth was a significant increase in its own hash rate. Over the year, this metric surged by nearly 420% — from 13...
07:48

Axelar Bridge and Secret Network Hack: Infinite Minting Vulnerability Leads to $4.67 Million Loss

On June 19, 2026, I recorded a serious incident in the infrastructure of the Axelar cross-chain protocol. An attacker successfully exploited a vulnerability in the bridge connecting Axelar to the Secret Network and withdrew funds worth approximately $4.67 million. A critical bug, known as "infinite mint," went unnoticed for seven days.
As my analysis showed, the problem lay in the modified CW20-ICS20 smart contract on the Secret Network side, used within the Cosmos IBC connection...
07:47

Weekly Review: Bitcoin on a Rollercoaster, while the Supreme Court of the Russian Federation Changes the Rules of the Game

The past week was eventful for the cryptocurrency market. Bitcoin made a sharp surge towards $67,000, but by the weekend it had lost all its gains, returning to the $64,000 mark. The main catalyst for the growth was news of a possible truce between the US and Iran. However, as soon as the first signs of disagreement emerged, the market responded with a correction.
Bitcoin and Altcoins: Who is in the Green? Pressure on the leading cryptocurrency intensified after the US Federal Reserve meeting, which was held for the first time by the new chairman, Kevin Warsh...
07:46

Toss Bank and Solana Launch a Revolutionary Financial Platform: Cross-Border Transfers on the Blockchain

South Korean fintech giant Toss Bank, together with the Solana Foundation, has signed a memorandum of understanding aimed at creating a new blockchain-based financial infrastructure. This strategic partnership promises to transform approaches to international settlements and digital finance in the region.
In the first phase of the project, the bank will conduct pilot testing of cross-border transfers using stablecoins...
07:45

Critical Taiko Hack: Security of All L2 Network Bridges at Risk

On June 22, the second-layer (L2) solution team Taiko confirmed a critical compromise of the blockchain state verification mechanism. This is an incident that calls into question the fundamental security guarantees of the entire ecosystem.
As a result of the attack, according to developers, trust in the security of all bridges deployed on the Taiko network has been completely lost. Users are strongly advised to immediately withdraw funds from any bridge protocols operating on this L2 infrastructure...
07:42

Withdrawing funds from cryptocurrency exchanges: a critical analysis of the current situation and hidden risks for users

In recent days, the market has seen a noticeable increase in the volume of withdrawals from centralized exchanges. This trend, at first glance, may seem like a normal liquidity fluctuation, but upon closer analysis, it becomes clear that we are dealing with a systemic change in the behavior of large asset holders.
Key data: the net outflow of funds from the largest trading platforms over the past week has exceeded $1...