Garrett Jin Shifts to Long ZEC, $11.9 Million Position Currently Facing Unrealized Loss of Over $810,000

June 10 – Per an official announcement, Humanity has shared its real-time stolen funds tracking page with all centralized exchanges (CEXs), decentralized exchanges (DEXs), and trading aggregators, and will continue updating relevant data. The project team has also established a $1 million USDT reward for any information that assists in recovering the stolen funds. All assets recovered through this effort will be used to repurchase H tokens. Additionally, alongside developing a recovery plan for affected users, the team has launched a real-time tracker for the attacker’s addresses and downstream fund flows. This tracker publicly displays the attacker’s wallet addresses, fund movements, and asset disposal status to the community, allowing users to follow the event’s progress in real time.

On June 10, blockchain analytics firm Chainalysis released a report noting that attackers are increasingly targeting smart contracts with unverified source code. Over the past six months, at least four decentralized finance (DeFi) protocols relying on unverified contracts have been hit by attacks, leading to total losses of roughly $36.7 million. The report points out that thanks to advancements in tools like Dedaub and Panoramix for decompiling, plus AI large models capable of rapidly parsing decompiled bytecode, attackers can now bulk scan on-chain unverified contracts, automatically flag vulnerabilities including reentrancy attacks, permission control flaws, and arithmetic overflows, then select the most high-value targets to exploit. Chainalysis explained that while unverified contracts lower barriers for third-party source code reviews, they also miss out on critical security safeguards from white-hat researchers, community audits, and bug bounty programs. A key example is the T

June 10 – Russia’s State Duma has passed a government-proposed cryptocurrency tax reform bill in its first reading, designed to clarify tax rules for digital assets. Under the draft, taxable gains from crypto transactions are calculated as the positive difference between income and associated costs, letting investors offset gains and losses from both digital currencies and overseas digital rights assets within the same tax period. The legislation mandates brokers and fiduciary firms to meet personal income tax withholding requirements for crypto and overseas digital rights transactions, plus retain transaction records for a minimum of five years. For corporate entities, income and expenses tied to digital assets in foreign trade will count toward corporate income tax (excluding crypto mining operations), while overseas digital rights assets are classified as cryptocurrency for tax purposes. Meanwhile, the State Duma’s Budget and Taxation Committee is drafting revisions for the bill’

June 10 – Iran’s top joint military command has announced it targeted several U.S. military bases in the region in response to what it calls the U.S.’s "aggression against southern Iran." The command warned that if the U.S. keeps up its hostile actions, it will deliver a harsher response. Source: FX168

June 10 – Per Bitget’s market data, spot gold continued its downward trend, falling below $4,200 per ounce for the first time since March 23, notching an intraday loss of 1.4%.

June 10 — According to The Wall Street Journal, U.S. prediction market platform Kalshi plans to implement new rules in the coming weeks that will mandate users in certain sensitive prediction markets to disclose their employer information, a move designed to enhance monitoring of insider trading and market manipulation. Under these upcoming rules, participants in markets focused on corporate performance, national security, and geopolitical events — such as markets related to the Iran conflict, where users could have access to material non-public information — will be required to submit their employer details before trading. Kalshi stated that it does not routinely verify the information users provide on its own. Instead, if suspicious trading behavior is detected, the platform will launch an investigation and request employment verification from the involved users. In its latest Audit Committee report, Kalshi disclosed that the platform submitted more than 20 reports of suspicious tr