Humanity Announces Recovery Plan: Old Tokens to Be Fully Deprecated, New H Token to Be Airdropped at 1:1 Ratio
June 16 — Humanity, a blockchain project, today unveiled its post-attack recovery plan via an official announcement.
The original H token, deployed across Ethereum, BNB Chain (BSC), and Humanity Mainnet, has been permanently deactivated. The development team will launch a brand new ERC-20 version of the H token, which will be airdropped to eligible holders at a 1:1 ratio. The new token retains the "H" ticker, is deployed exclusively on the Ethereum network, and its contract has completed a full security audit—designated as the sole valid H token for the project’s future ecosystem.
To ensure fair distribution, the project took an on-chain state snapshot on June 8, 2026, at 17:25:35 UTC. The corresponding block heights are: Ethereum (25,274,179), BNB Chain (103,071,069), and Humanity Mainnet (24,247,803). Third-party security firm Quantstamp confirmed all addresses linked to the attack or controlled by the attacker have been excluded from the airdrop. Eligible externally owned acco
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US Stock Market Hits Pre-market Record Highs for the "Four Asian Tigers"
According to Bitget market data, the U.S. stock storage sector rallied in pre-market trading on June 16th. Micron Technology (MU) rose 3.49%, SanDisk (SNDK) gained 2.53%, Western Digital (WDC) surged 9.56%, and Seagate Technology (STX) climbed 6.9%—all stocks of the so-called "Four Little Dragons" reached record highs.
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HYPE Surpasses $76 to Hit an All-Time High, Surging Over 12% in 24 Hours
June 16 market update: Per HTX’s latest data, HYPE briefly spiked above $76 to hit a brand-new all-time high, logging a more than 12% gain over the past 24 hours. It’s currently trading at $75.70. Additional performance metrics: a 31.87% increase in the last 7 days, and a 69.53% rise over the past 30 days.
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Ventuals has incurred a cumulative loss of approximately $260,000 over the seven months of operation, and the Pre-IPO On-Chain Private Sale Market experiment has come to a close
June 16: Ventuals announced yesterday it’s officially shutting down and merging into another team under the Hyperliquid ecosystem, putting an end to its "24/7 On-Chain Private Sale Market" experiment.
Per BlockBeats’ data analysis (using DeFiLlama’s revenue calculations), Ventuals’ platform revenue totaled just $124,651, while ticker registration and auction fees hit $383,242 (equivalent to 15,031 HYPE tokens). The platform posted a net loss of $258,591, with revenue covering only 32.5% of ticker costs—meaning costs ran roughly 3.1x higher than revenue. Factoring in hidden expenses like team salaries, liquidity provisions, and front-end operations, actual losses will be even larger, with a core projected loss of about $259,000.
Notably, the 500,000 HYPE tokens raised through vHYPE crowdfunding and their price appreciation gains aren’t counted as part of the platform’s profits. Holders can redeem HYPE at a 1:1 ratio plus on-chain staking rewards, so these funds don’t qualify as platfo
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Robinhood announced a 10% workforce reduction, expecting to incur approximately $28 million in restructuring charges
June 16 – Online brokerage Robinhood (HOOD) announced Tuesday it will cut approximately 10% of its full-time staff and halt the hiring process for a small number of open roles. The company expects the layoffs will result in about $20 million in employee severance and benefits costs, plus roughly $8 million in stock-based compensation expenses, bringing total restructuring charges to approximately $28 million. These costs will be recognized in the second quarter of 2026. In pre-market trading right after the announcement, Robinhood’s stock rose 1.3%.
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SpaceX will acquire the parent company of Cursor, valuing the equity at $60 billion.
June 16 — SpaceX (SPCX.O) is set to acquire Silicon Valley-based AI software startup Anysphere through a merger, according to a filing with the U.S. Securities and Exchange Commission (SEC). The deal values Anysphere at $60 billion. Globally renowned, Anysphere is best known for creating Cursor, the popular AI-native code editor.
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