Daily digests
Crypto News Digest: June 9, 2026
The stories that moved crypto on June 9, 2026.
40 stories
All crypto news
Merck and Hashgraph Group launch Hedera-based product passport for EU compliance
Merck and Hashgraph Group are launching a Hedera-based product passport to meet EU compliance. The platform combines product authentication and blockchain traceability, supporting sustainability and supply-chain reporting requirements. This innovation enables companies to track products and verify authenticity, ensuring transparency and compliance with EU regulations, a crucial step in the industry's shift towards increased accountability and sustainability.
Unverified DeFi contracts linked to $36.7M in losses: Chainalysis
Chainalysis is identifying a growing attack pattern targeting unverified DeFi contracts, with hackers stealing $36.7 million across four exploits since January. This trend highlights the need for increased security measures in decentralized finance. The DeFi market is vulnerable to such attacks, potentially leading to a decline in investor confidence and a subsequent impact on cryptocurrency prices.
Bitcoin's bounce isn't a bullish revival, with anything from $68,000 to $80,000 seen as a marker
Bitcoin is experiencing a bounce, but analysts warn it's not a sign of a bullish revival, instead viewing it as a potential consolidation phase. Prices have risen above $65,000, with targets ranging from $68,000 to $80,000, seen as a marker for a potential reversal. This bounce may be a buying opportunity for some investors, but caution is advised.
Morning Minute: Saylor is Back to Buying
Michael Saylor is actively buying Bitcoin with a $100M purchase, dispelling doubts about his investment strategy. Citrini's endorsement of Hyperliquid as a buy also boosts confidence in the platform. Meanwhile, Sam Bankman-Fried is formally requesting a pardon from Trump, amid ongoing FTX investigations. Market sentiment remains volatile, with investors closely watching these developments.
OKX expands X-Perps in Europe with Magnificent 7, gold and oil futures
OKX is expanding its X-Perps in Europe with the Magnificent 7, offering stock-linked expiry futures for European retail traders, increasing competition with Coinbase, Kraken, and Binance in regulated derivatives. The move allows traders to bet on the performance of major European stocks, such as Apple, Amazon, and Google, amidst rising demand for retail derivatives in the region, intensifying market competition.
Starknet rolls out ZK privacy layer for ERC20 balances and transfers
Starknet rolls out ZK privacy layer for ERC20 balances and transfers, enabling private transactions with targeted disclosure mechanisms for regulators. STRK20 has gone live, allowing users to conceal their transaction details while maintaining compliance. This move supports the growth of decentralized finance, providing users with increased anonymity and security, potentially boosting adoption and usage in the sector.
Solana Institute CEO says CLARITY Act must shield open-source developers
Kristin Smith, Solana Institute CEO, is urging the Senate to preserve developer protections in the CLARITY Act, emphasizing that open-source builders should not be regulated as financial intermediaries. She argues that such regulations would stifle innovation and hinder the growth of decentralized finance. The industry's future hangs in the balance, with implications for the adoption and development of blockchain technology.
Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns
Lawmakers in the U.S. House are currently reviewing seven proposed crypto tax bills, aiming for bipartisan support. However, concerns are arising as parties scrutinize the details of each bill. The bills' fate remains uncertain, with potential implications for the crypto industry's regulatory landscape and tax obligations for investors, which could impact market dynamics and investor confidence.
ETH crash to $1K looms if key support breaks: Will futures traders step in?
Ether's futures open interest has fallen by 25%, putting significant pressure on the $1,500 support level, raising concerns of a potential drop to $1,000. Futures traders may be hesitant to step in, exacerbating the situation, as the market struggles to maintain stability. A breach of this support level could have severe implications for the broader crypto market.
Crypto Tax Bills Face Pushback in House Committee Hearing
Crypto tax bills face significant pushback in a House Committee hearing, with pro-crypto Democrats questioning staking and mining tax exemptions, citing the industry's potential growth. Party leadership warns that the bills may need to wait until after the midterms, potentially delaying the legislation's passage, and impacting the crypto market's regulatory landscape.
Humanity's $36 million exploit tied to compromised laptop hosting a 'multisig' wallet
A $36 million exploit is currently unfolding, tied to a compromised laptop hosting a 'multisig' wallet, holding enough keys to take over the project's bridges on two chains. This basic security failure has raised concerns about the startup's security practices, which is backed by prominent investors Pantera and Jump Crypto, potentially impacting investor trust and market confidence.
This is Bitcoin's Shallowest Bear Market—But is the Bottom In?
Bitcoin is currently down 50% from its all-time high, marking the shallowest bear market to date, but analysts warn that the bottom isn't in yet, suggesting further price volatility ahead. This prolonged decline is causing investors to reassess their portfolios, potentially leading to increased selling pressure and a deeper market downturn if the bottom isn't reached soon.
Wall Street will run entirely on the blockchain by 2030, says Brickken CEO
Brickken CEO Edwin Mata predicts Wall Street will run entirely on blockchain by 2030, driven by the U.S. and AI tools, as EU regulations stifle local startups. This shift could lead to increased adoption of tokenized finance, potentially disrupting traditional financial systems and creating new opportunities for decentralized marketplaces and automated trading platforms.
Humanity says compromised laptop led to $36M bridge attack
Humanity Protocol's Terence Kwok reveals that a compromised laptop may have led to a $36 million bridge attack. The compromised device is believed to have been used during setup, potentially exposing multisig keys. An investigation is underway to determine the exact cause of the hack. The incident highlights the importance of secure setup procedures in preventing large-scale attacks.
AI Malware Worm Adapts to New Targets in Real Time, Cybersecurity Experts Say
Researchers are currently demonstrating an AI-powered malware worm that adapts to new targets in real-time, generates attack strategies, and spreads across networks without relying on cloud services. This AI-powered worm can potentially evade traditional security measures and has been shown to successfully infect various systems, posing a significant threat to cybersecurity.
A Quantum Clock Is Ticking for Bitcoin and Crypto—Here's How Stellar Is Preparing
The Stellar Development Foundation is unveiling a three-step roadmap to prepare the XLM network for the impending quantum computing threat, which could potentially compromise the security of Bitcoin and other cryptocurrencies.
Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market
Carlos Domingo, Securitize CEO, is arguing at ETHConf that tokenizing stocks and exchange-traded funds could unlock a $5 trillion crypto market, far surpassing today's roughly $30 billion tokenized asset sector. This vision envisions a future where traditional financial instruments seamlessly integrate with blockchain technology, potentially revolutionizing the industry by tapping into a massive, untapped market.
December Trial Date Set for US Soldier Accused of Insider Trading on Polymarket
A US soldier is set to face trial in December for allegedly engaging in insider trading on Polymarket, the first case of its kind to focus on prediction markets. The accused is accused of using confidential information to place bets on Polymarket, potentially netting thousands of dollars in profits.
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin, Ethereum
A Seattle-area man is serving prison time for laundering foreign fraud funds using Bitcoin, Ethereum, and stablecoins, totaling nearly $100 million in illicit gains. The case highlights the growing use of cryptocurrencies in money laundering schemes, underscoring the need for enhanced regulatory measures to prevent such activities, which poses a significant threat to the integrity of the global financial system.
EU Orders Meta to Open WhatsApp to Rival AI Chatbots—Meta Calls It 'Regulatory Overreach'
The European Commission is ordering Meta to open WhatsApp to rival AI chatbots within five days, issuing interim measures to restore third-party AI access to the WhatsApp Business API. Meta has called this move 'regulatory overreach', but the EU is pushing for increased competition in the messaging app space, potentially disrupting Meta's dominance and benefiting smaller players in the market.
CoinDesk 20 performance update: AAVE Drops 2.6% as all constituents trade lower
Uniswap (UNI) joins Aave (AAVE) as an underperformer, with UNI down 2.9% from Monday and AAVE dropping 2.6% as all constituents in the CoinDesk 20 trade lower, contributing to a decline in overall market sentiment. The downturn in these key players has a ripple effect on the broader crypto market, potentially impacting investor confidence and asset prices.
A16z, Paradigm lead $175 million bet to move global credit markets onchain
Morpho is securing $175 million from Paradigm, a16z crypto, and Ribbit, a significant bet on onchain credit markets. This investment aims to establish Morpho as foundational infrastructure, enabling seamless lending and borrowing on blockchain. The move could revolutionize traditional credit markets, potentially disrupting the $100 trillion global credit industry with decentralized, secure, and transparent transactions.
Blockchain researchers warn HTX sanctions may blur crypto risk signals
Blockchain researchers warn that HTX sanctions may blur crypto risk signals, potentially freezing legitimate users and rendering compliance tools less effective. This broad tainting could misattribute innocent transactions, creating inaccurate risk assessments. The outcome may be a diluted risk signal, making it more challenging for exchanges and institutions to identify illicit funds.
UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs
The UK's Financial Conduct Authority is proposing to allow some mutual funds to hold up to 10% of their portfolio in crypto exchange-traded notes. This move aims to provide investors with greater diversification options. The proposal is part of a broader effort to regulate the crypto market, potentially paving the way for increased institutional investment in digital assets.
BBB refers prediction market Kalshi to state regulators over ad inquiry
Kalshi, a prediction market platform, is under review by the Better Business Bureau (BBB) after declining to participate in an inquiry into influencer disclosure practices. The BBB is escalating its review, referring Kalshi to state regulators, citing concerns over the platform's compliance with advertising standards. This move may impact Kalshi's reputation and potentially its operations.
Kraken Named Official Crypto Exchange of FIFA World Cup 2026
Kraken is being named the official crypto exchange of the FIFA World Cup 2026, partnering with FIFA to create fan-focused experiences in the U.S. and Europe. This collaboration will likely involve various promotions, events, and educational initiatives. The partnership aims to increase crypto adoption and awareness among soccer fans worldwide, potentially boosting Kraken's user base and reputation.
Warren calls weakened CFTC a ‘recipe for disaster’ as Congress advances crypto legislation
Senator Warren is calling the weakened CFTC a 'recipe for disaster' as Congress advances crypto legislation, requesting records on staff departures, prediction market oversight, and internal communications on the Clarity Act. The move highlights growing concerns over regulatory gaps and potential market risks, underscoring the need for robust oversight as lawmakers debate critical crypto bills.
Bitcoin may act as a ‘canary in the coal mine’ as risk-off pressure spreads: Bitwise
Bitcoin is acting as a 'canary in the coal mine' as risk-off pressure spreads across markets, according to Bitwise research, which suggests a broader market downturn. Elevated global liquidity and stablecoin reserves are contributing to this trend. The correlation indicates a potential global market correction, with Bitcoin's price likely to be affected by these broader market shifts.
Hyperliquid advocate and Paradigm urge US to revise proposed anti-money laundering rule
Hyperliquid-backed lobby group and Paradigm are urging the US to revise proposed anti-money laundering rules that would limit decentralized stablecoin usage on public blockchains, citing concerns over overregulation and potential stifling of innovation in the space, with over 100 stablecoins currently in circulation, impacting the growing adoption of digital assets.
Anthropic Rolls Out Claude Mythos 5 AI Model—Along With the Safer Fable 5 for the Public
Anthropic is rolling out Claude Mythos 5, a full version of its cybersecurity-focused AI model, alongside a safer public version, Fable 5. These models are designed to improve language understanding and generation capabilities.
Bitcoin bottom? These four charts hint at BTC price dropping to $50K
Bitcoin's price target of $50,000 remains in play as multiple indicators warn the bottom may not be in, with BTC currently trading above $60,000 support. Technical analysis suggests a possible drop in price, while other charts hint at a potential reversal, keeping investors on edge about the cryptocurrency's future trajectory and potential market impact.
Elizabeth Warren Demands Answers on CFTC's Crypto and Prediction Market Oversight
Elizabeth Warren demands answers on CFTC's crypto and prediction market oversight, questioning workforce cuts and enforcement changes made under the Trump administration. The CFTC's workforce has been reduced by 15% since 2017, and enforcement actions have decreased by 44% between 2016 and 2020. Warren seeks transparency on the regulator's crypto policies and enforcement priorities.
Come back after the summer, says one analyst on crypto markets
Bitcoin's growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson. This trend is particularly evident with Bitcoin's price decline while tech stocks, including those focused on AI, continue to rise. As AI spending surges, investors are increasingly allocating funds to tech stocks, potentially diverting attention and capital away from cryptocurrencies, impacting their market performance.
Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution
Ethena secures a significant investment from Janus Henderson, marking another instance of traditional asset managers backing DeFi infrastructure, following BlackRock's Uniswap and Apollo's Morpho investments. This deal highlights growing interest in decentralized finance, with asset managers seeking to tap into its potential, and Ethena's ENA token is poised for distribution through USDe.
Trad.Fi, W3 target $650 million in onchain private credit using AI evaluation
Trad.Fi and W3 are targeting $650 million in onchain private credit by leveraging AI evaluation to automate capital workflows, bringing real-economy business lending onto public blockchain rails. This strategic partnership aims to streamline lending processes and increase transparency, potentially expanding access to credit for small and medium-sized enterprises. Market implications include increased adoption of blockchain technology in traditional finance.
Bitcoin price slips toward $62K local lows as bear-market history keeps repeating
Bitcoin price is slipping toward $62K local lows, echoing bear-market history as it repeats past price movements. Despite new hopes of a US-Iran peace deal, copycat BTC price moves persist, fueling concerns of a prolonged downturn. Market sentiment remains cautious, with traders wary of potential further declines in the wake of bearish trends.
New Aave risk framework proposed following KelpDAO exploit
Aave founder Stani Kulechov proposes a new risk framework following the KelpDAO exploit, aiming to enhance security. The framework will be applied across all markets and assets once the proposal passes, with no specific timeline mentioned. This move aims to bolster Aave's defenses, potentially boosting investor confidence in the decentralized lending protocol.
5 corruption gaps Congress must close in the Clarity Act
The Clarity Act, the most consequential crypto legislation, is moving forward in the U.S. Senate, leaving the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, according to Greytak.
Crypto Lending Protocol Morpho Raises $175 Million to Aid Wall Street’s DeFi Push
Morpho, a decentralized lending protocol, is currently raising $175 million in its latest funding round, showcasing the growing demand for curated lending vaults. This significant investment underscores Wall Street's increasing interest in DeFi, as traditional financial institutions seek to leverage blockchain technology to create more efficient and secure lending solutions for their clients.
‘Third leg of the stool:’ House lawmakers set to debate crypto tax bills as questions still loom
Lawmakers are set to debate several cryptocurrency tax bills, sparking growing questions over how tax rules should apply to digital assets. At least five bills are under consideration, including one that would exempt certain cryptocurrency transactions from capital gains tax. The debate is expected to address the complexities of taxing cryptocurrencies, with implications for the industry's growth and regulatory clarity.