GMG.AI has completed a core upgrade, reshaping the Web4 Mechanism Trust Standard

June 9: ZachXBT responded to Humanity’s official announcement on social media, noting it’s time to launch a new H token since the core team has moved on to other projects. In his reply, ZachXBT included a screenshot of a tweet Irene Zhao posted 20 hours prior, where Zhao claimed her two-year-old investment in H’s KOL round had generated a 100x return. She also mentioned she has invested in Everything, a new project hatched by the H team.

On June 9, per Onchain Lens monitoring, despite Humanity Protocol falling victim to a hack, a newly created wallet received 62.68 million H tokens worth $7.65 million from BitGo. The wallet is likely linked to venture capital firm Framework Ventures, pending confirmation.

On June 9, Sahara AI released an official statement on social media, noting that its team is actively monitoring a 60% plunge in the token’s price. The team confirmed there are no security issues with its token contract or product, and has launched an internal investigation to get to the bottom of what’s causing these recent price swings.

June 9: Coinglass data shows that as the price of token H plummeted, its network-wide open interest-weighted funding rate has dropped to an extreme negative level, currently standing at -1.45%. Notably, among all major trading platforms, only Binance’s funding rate comes in at -0.01% (charged hourly), while rates on other mainstream exchanges have fallen to their respective platforms’ lowest extreme negative values. Records indicate Binance’s rate was -0.7% just one hour ago. As the platform with the largest overall trading volume for H contracts across the board, the situation where the contract price has hit 20 times the on-chain price makes a significant spike in the funding rate a development worthy of close attention.

June 9: According to on-chain data, the price of H Token on the Binance Smart Chain (BSC) has plummeted to $0.003, likely driven by the incident titled "H Contract Controlled Issuance of 1 Billion Tokens". Meanwhile, H's perpetual contract price on Binance currently trades at $0.06—20 times higher than its on-chain value.

**June 9 News Flash: Metaplanet CEO Details Capital Allocation Focus on BTC Yield in Social Media Post** Bitcoin treasury company Metaplanet’s CEO Simon Gerovich outlined the firm’s capital allocation priorities in a June 9 social media post, stating that maximizing BTC yield is its core performance metric for shareholders. Stock buybacks are a foundational part of Metaplanet’s capital allocation policy, which was formalized on October 28, 2025. Under this policy, Gerovich noted, the company will actively consider repurchasing common shares when its price-to-book (P/B) ratio drops below 1.0x—an move designed to lift BTC yield, with lower P/B levels tied to greater potential share price upside. Buybacks remain a key tool in the company’s allocation strategy, Gerovich added, though any repurchase activity must comply with applicable insider trading rules and disclosure requirements, including guidelines around material non-public information (MNPI) and monthly public disclosure man