Crypto World
3 Things to Know About Kevin Warsh, the New Fed Chair
Kevin Warsh was sworn in as the 17th Chair of the Federal Reserve on May 22. With this, he effectively replaced Jerome Powell after a narrow Senate vote and inherited sticky inflation, a $6.7 trillion balance sheet, and an increasingly Fed-sensitive crypto market.
His record as a former Fed governor, Bush-era policy adviser, and Wall Street financier points to a more hawkish, less interventionist Fed. Markets are pricing the shift in real time, and crypto traders are watching closely.
1. Hawkish on Inflation With a Smaller Balance Sheet in Mind
Warsh has long argued the post-2008 Fed grew too large and too active. He resigned in 2011 over additional quantitative easing and has spent the years since calling for scarcer reserves, a leaner balance sheet, and tighter discipline on inflation.
That framework now meets the moment. The federal funds target sits at 3.50 to 3.75%, headline inflation climbed to 3.3% in March on an Iran-driven oil shock, and the March dot plot pencils in just one cut for 2026.
At his Senate confirmation hearing, Warsh framed the central bank’s delayed inflation response as structural rather than a one-off mistake.
“Once you let inflation take hold in the economy, it is more expensive and harder to bring it down, and so the fatal policy error going back four or five years is still a legacy that we are dealing with… we need a regime change in the conduct of policy.”
Traders read that as a signal for faster quantitative tightening (QT) over near-term rate cuts.
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2. A Friendlier Take on Bitcoin Than His Predecessor
Warsh enters the role with the most openly pro-crypto record of any sitting Fed Chair. Trump’s Fed Chair pick has called Bitcoin a “sustainable store of value,” ruled out a retail central bank digital currency, and described crypto as already part of the United States financial system.
His crypto financial disclosure lists over $100 million in digital asset exposure, spanning Layer 1 networks, Decentralized Finance (DeFi) protocols, and Bitcoin (BTC) payment infrastructure.
The combination produces a paradox for traders. A hawk on rates is bearish for risk in the short term. However a Chair who views Bitcoin as a credible reserve asset reframes the longer-run case during every liquidity squeeze.
BTC has retreated from its January peak as the dot plot hardened, with traders caught between hawkish Fed policy and friendlier crypto signals from the top.
3. A Regime Change in How the Fed Talks to Markets
Warsh has telegraphed sweeping changes to how the Fed speaks to investors. He wants to:
- Scrap the post-meeting press conference cadence
- Retire forward guidance as a tool, and
- Adopt what he calls a “different, new inflation framework.”
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The implication is a more opaque Fed. Investors who built positions around dot plots and well-trailed pivots will face a Chair who prefers silence and discretion over telegraphed signals.
That style may raise near-term volatility, yet in Warsh’s framing it restores credibility lost during the transitory inflation period.
His pledge during the Powell-to-Warsh handoff was to behave as no one’s “sock puppet,” a direct response to Trump’s pressure for rate cuts.
The first real test arrives at the next FOMC meeting, Warsh’s first as Chair.
Kevin Warsh being able to deliver regime change or careful continuity will set the tone for rates, the dollar, and crypto through the rest of 2026.
The post 3 Things to Know About Kevin Warsh, the New Fed Chair appeared first on BeInCrypto.
Crypto World
Trump family crypto deal collapse proves why these are the leading cryptos to buy now
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitcoin Cash, Litecoin, and DOGEBALL enter focus as investors seek utility, transparency, and resilience amid market uncertainty.
Summary
- A recent report highlighting investor losses after a crypto-related collapse has renewed focus on risk management and the importance of evaluating projects beyond market hype.
- DOGEBALL is being promoted as a Layer-2 blockchain ecosystem combining payments and gaming, with features such as crypto-to-fiat transfers, play-to-earn gaming, and a token-based transaction model.
- The project markets its presale using projected returns based on future listing prices.
The crypto market is moving very fast. A recent NDTV report shared a big warning for everyone. It showed how President Donald Trump and his family made $500 million from a crypto deal right before AI Financial Corp crashed.
That sudden crash left normal investors with massive losses. This news teaches us a major lesson for those who are looking for the top crypto to buy now. Hype can disappear in one night. Because of this, smart buyers are moving away from risky coins. They are choosing tokens with real daily use, clear math, and true safety. This easy guide looks at the data behind Bitcoin Cash, Litecoin, and a new asset called DOGEBALL to help make a smart choice.

What is DOGEBALL?
DOGEBALL is a highly useful crypto network. It is built on its own fast blockchain called DOGECHAIN, which is an Ethereum Layer 2 system. It mixes online gaming with global payments. These fields are known as GameFi and PayFi. Unlike tokens that rely only on hype, this project fixes real daily problems.
Its main service is called DOGEPAY. It lets users send crypto anywhere in the world, and the person getting it receives local cash straight into their bank account. It works with over 30 global currencies. The transactions take under a second, there are zero foreign exchange fees, and do not need slow banks or payment apps.
People are joining this project because it offers safety and high demand. The DOGEBALL token is the main fuel used to pay all network transaction fees. This setup creates constant buying pressure. The token also runs a play-to-earn gaming world with a $1,000,000 total prize pool. The top player can win up to $500,000 and cash out instantly into real money. The smart contract has a perfect 100% security audit score. This makes it a very stable and safe digital asset for your portfolio.
High yield math: Analyzing the DOGEBALL presale growth potential
The DOGEBALL crypto presale 2026 is built to reward people who get in early. The project has already raised more than $302,000 from over 1,050 buyers. On Monday, May 11, 2026, the team permanently burned 4,000,000,000 tokens. That removed 20% of the presale supply to make the remaining tokens scarcer. The crypto presale has 22 stages in total. Each stage lasts a maximum of 7 days and ends every Monday at 21:00 UTC. When the stage ends, unsold tokens are burned and the price goes up.
Buying at the current Stage 7 price of $0.000845 gives investors a huge mathematical advantage. The token will launch on big crypto exchanges at $0.015.
Let us look at the basic return on investment (ROI) calculation:
- Current Stage Price: $0.000845
- Planned Launch Price: $0.015
- Expected Launch Gain: 1,675.14%
These gains can be grown even more by using the special bonus code DB30. This code gives a 30% bonus on tokens. For example, putting $1,000 into the project today gets around 1,183,431 tokens. By typing the code DB30, the total amount jumps to 1,538,460 tokens. When the token hits the exchange at the $0.015 launch price, the investment becomes worth $23,076. That is a total profit of 2,207.6%. Prices go up every single Monday at 21:00 UTC. This means today is the best chance to buy at this low price before the next weekly increase.
How to join the DOGEBALL presale right now
Joining the presale is easy and takes less than five minutes. Follow these quick steps to get tokens before the price steps up:
Step 1: Get a Crypto Wallet
Download a free digital wallet like MetaMask or Trust Wallet on a phone or computer.
Step 2: Add funds to the Wallet
Buy or transfer Ethereum (ETH), USDT, or BNB into the new digital wallet.
Step 3: Link to the Website
Go to the official DOGEBALL website and link the wallet using the live presale widget.
Step 4: Use the Code and Buy
Type in how much to buy. Enter the code DB30 to get 30% extra tokens, and click confirm.
Bitcoin Cash: Stable performance with limited growth
Bitcoin Cash is a well-known coin used for daily payments, but its fast growth has slowed down. According to the latest price prediction data from CoinCodex, Bitcoin Cash is in a flat trend. Its long-term moving average has been pointing downward since late May 2026. This shows that the market is hitting a wall.
The coin faces tough resistance around the $540 to $550 price levels. CoinCodex charts show that the token is expected to trade between $439.79 and $642.10 over the coming months. It is still a safe network for sending decentralized payments. However, its chance for massive short-term gains is very small. It cannot scale microtransactions as fast as newer Layer 2 systems.
Litecoin: Slow recovery in a quiet market
Litecoin is often called the silver to Bitcoin’s gold, but it is dealing with short-term price drops. CoinCodex market data shows that Litecoin recently fell from 14,408.40 PKR down to 11,819.97 PKR. That is a quick 17.96% drop in value in early June 2026. The network is now working to find a steady price floor.
Market experts state that Litecoin’s relative strength index is sitting in a completely neutral zone. This means that while the coin is safe from huge crashes, it does not have the momentum to spike upward quickly. It lacks built-in features like automatic crypto-to-bank cash-outs. This makes it less exciting for buyers who want large returns.

Conclusion: Finding the top crypto to buy now
For those who want the top crypto to buy now, they should avoid overhyped projects that can crash. Legacy networks like Bitcoin Cash and Litecoin are safe, but they offer small, slow returns. The DOGEBALL presale gives a clear and transparent entry point at just $0.000845 today. Because the exchange launch price is locked at $0.015, early buyers can lock in large predictable gains before public trading opens. Do not wait and miss out on this rate. Use the code DB30 right now to claim a 30% token bonus before the price jumps this Monday at 21:00 UTC.
For more information, visit the official website, Telegram, and X.
FAQs for top crypto to buy now
What is the best crypto to invest in right now?
DOGEBALL is an excellent choice because it pairs a low-priced crypto presale with massive real utility. Its Layer 2 system runs an app that sends crypto straight to global bank accounts as fiat cash, creating constant market demand.
Which crypto has 1000x potential?
Early presale coins with real utility have the best upside. Buying DOGEBALL at $0.000845 before its $0.015 exchange debut gives a strong head start. Regular weekly supply burns keep cutting down the total token numbers to drive value.
Which crypto has the most potential?
Tokens that fix real financial problems hold the most potential. DOGEBALL removes expensive middlemen and cuts global wire fees to zero. This operational use attracts real businesses and users, giving it an advantage over hype coins.
What is the best way to double $1000?
Putting money into the DOGEBALL presale is a highly efficient move. Entering the presale at today’s low price and applying the bonus code DB30 instantly increases the token count by 30% for a much higher launch value.
Which coin has the best future?
Coins built on specialized, high-speed blockchains have the strongest future. DOGEBALL runs on a custom Ethereum Layer 2 called DOGECHAIN. This setup means near-zero gas fees and instant speeds, making it perfect for long-term global growth.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Crypto World
Pi Network News and PI Price Update Today: June 10
The team behind the cryptocurrency project has made several important achievements lately, and more updates are expected in the coming weeks.
Despite the progress, PI’s price remains close to its all-time low, down 27% over the past 30 days.
The Latest Upgrades and What’s Next?
Perhaps the most notable development related to Pi Network’s ecosystem is the recent transition to protocol v24. The Core Team announced the news on June 5, describing it as “one of the most challenging migrations.”
The upgrade primarily focuses on improving the underlying infrastructure that supports node operations and mainnet activity. Protocol v25 is next on the roadmap, with June 18 set as a deadline. It is important to note that the team said this update takes longer to complete, warning of a potential delay.
Moreover, Pi Network has made progress in the gaming field after CiDi Games (a Pi Network Ventures portfolio company) introduced four new games for Pioneers: Coin Whack, Fruit Stack, Gemnova, and RainbowCubes.
Pi2Day Incoming
Another date Pi Network users are perhaps eagerly awaiting is June 28. The day is known across the community as Pi2Day because 6/28 represents the mathematical value 2π.
The team has a habit of announcing major news on PiDay (March 14), and we have yet to see whether it will do the same later this month. Some X users are already speculating that the community may witness ecosystem updates or the launch of new features; however, nothing is official yet.
Special Focus on AI
Earlier this week, Pi Network said that users willing to help grow the ecosystem can invite vibe coders to bring their AI-created applications to the project’s real distribution network through Pi App Studio.
Those willing to participate should follow four key steps. First, they must identify communities of active vibe coders on social media platforms, then join and contribute to the relevant base. Later on, Pioneers are required to introduce Pi Network as a distribution network to coders and submit the designated link via the “Vibe Coder” button in the Pi mining app.
“Any creator can benefit from what Pi ecosystem has to offer: a large, engaged community of 60M+ Engaged Pioneers, plus infrastructure including global payments, Pi Wallet, Pi Ad Network, and social network access,” the message reads.
PI Price Outlook
The token remains among the worst-performing cryptocurrencies, with its valuation hovering just north of $0.12. This represents a 27% decline on a monthly scale and a staggering 96% crash from the all-time high registered in February last year.
Lately, there’s been a rise in coins flowing from self-custody to exchanges, while the upcoming token unlocks remain significant. This combination is seen as bearish and is likely to negatively impact the price.

Not long ago, X user Erick Crypto said that PI’s Relative Strength Index (RSI) has reached oversold levels: a development which is typically a precursor to a rebound. He set $0.12 as a key support level, arguing that if buyers step in, “we could see a recovery move from these depressed levels.”
The post Pi Network News and PI Price Update Today: June 10 appeared first on CryptoPotato.
Crypto World
Botanix bet big on ‘Bitcoin DeFi.’ Its shutdown suggests users never cared
Bitcoin layer-2 network Botanix is being wound down a year after its mainnet went live.
The project cited market conditions and broader indifference within the cryptocurrency industry towards establishing greater utility on the Bitcoin network, in a post on X on Tuesday.
“It did not work,” Botanix summed up. “At least not in this market and not in this timeline.”
The aim of Botanix was to bring Ethereum-equivalent functionality to the Bitcoin network, allowing applications and smart contracts to be effectively copied and pasted onto the world’s first blockchain. The project raised $14.4 million across two funding rounds in 2023 and 2024. Despite this, its total value locked (TVL) at closure was a mere $119,500, according to data from DeFiLlama.
Botanix was one of many layer-2s and protocols to emerge in recent years, aiming to expand Bitcoin’s utility and help it evolve beyond being just a store of value.
The idea was that holders of bitcoin don’t have to just let their asset sit idle and hope for price appreciation. They can also use decentralized finance to generate income on the side. This could involve staking tokens on other blockchain networks or using smart contract-enabled DeFi tools, such as lending or decentralized exchanges (DEXs).
Botanix post-mortem
However, it didn’t go as planned, at least not for Botanix.
The protocol highlighted that “making Bitcoin programmable, productive and integrated into real financial activity isn’t where real-world users sit right now.”
This post-mortem may raise questions about the broader viability of the Bitcoin development sector, which includes other layer-2s like Rootstock or rollups like Citrea, during an extended period of muted sentiment in the crypto market.
CoinDesk reached out to these two projects for comment, but none were received as of press time.
BTC has lost more than 50% of its value since hitting its all-time high of nearly $125,000 last October, which may leave investors wondering why they should be interested in developing bitcoin’s use when it’s not currently serving its more basic function of storing value very effectively.
“It’s possible that bitcoin’s role as a reserve asset is simply where it settles. If that’s true, there will never be a market for what we are building and no amount of time or capital would change that,” Botanix said.
A simpler route to combining the secure store of wealth offered by BTC with the programmability and utility of other blockchain networks may lie in synthetic or “wrapped” bitcoin tokens. These are tokens that represent BTC on a 1:1 basis that can be traded and staked on networks like Ethereum.
The most established of these is wBTC, which was introduced in 2019, but more recently, Coinbase and Circle have developed their own synthetic bitcoin tokens to appeal to institutional investors and traders.
“For lending, yield, leveraged exposure, wBTC on a mature general-purpose L2 is genuinely sufficient,” Botanix said.
“Users have voted with their behaviour, and the verdict is that the trust assumptions of a wrapped representation on Ethereum are acceptable to almost everyone who wants Bitcoin-denominated DeFi.”
Crypto World
Metaplanet pitches stock buybacks after 96% mNAV decline
With its stock down 42% year-to-date and 85% over the past 12 months, Metaplanet, Japan’s largest bitcoin (BTC) treasury company, is looking to restore investor confidence.
On Monday, its CEO Simon Gerovich broadcasted, “when mNAV is below 1.0x we will strongly consider repurchasing common shares.”
The acronym mNAV refers to the premium that investors pay for Metaplanet’s common stock relative to its BTC holdings. It stands for multiple-to-Net Asset Value, a colloquial and imprecise phrase borrowed from the common use of the NAV term by managers of publicly-traded funds.
Metaplanet is the largest public company in Japan to follow the same model as Strategy (formerly MicroStrategy) in pivoting to a digital asset treasury (DAT) focus.
The $1.8 billion company has amassed 40,177 BTC worth $2.5 billion.
Because the value of its BTC exceeds its market capitalization, its mNAV is below 1x. Gerovich, alongside many other shareholders, are obviously disappointed in that reality.
Read more: Jim Chanos was right about Strategy — just not patient enough
Metaplanet’s mNAV soared above 3x as recently as July 2025 but now trades at a basic mNAV of just 0.72x. Even after boosting up the metric to account for its cash and debt via enterprise value, its enterprise value mNAV is just 0.91x.
An mNAV above 1.0x means investors pay more for the company’s stock than its holdings are worth, a signal of confidence that management will use their business to accrete BTC per share over time.
A reading below 1.0x means the opposite — that investors would rather own BTC directly.
Metaplanet was once the best-performing stock in the world. Now it’s worth less than the BTC sitting on its own balance sheet. Its CEO wants to remind everyone that it’s allowed to buy back shares.
Metplanet’s BTC cost basis is $104,107
The company is carrying an unrealized loss of about $1.4 billion on its BTC holdings that it purchased at prices far above current prices: $97,593 per BTC according to BitcoinTreasuries, or as bad as $104,107 according to its analytics dashboard.
The financial pain is evident. BTC is trading at $61,600 at writing time.
Back in 2024, investors happily overpaid many times for Metaplanet stock above what its holdings were worth, treating the stock as leveraged BTC moonshot with a Tokyo listing.
Its common stock hit a 52-week high of ¥1,930 yen last June and traded at an all-time high mNAV of 22.5x in July 2024.
Those same shares closed at ¥237 yesterday, down 87% below that peak. Its mNAV, even using today’s more generous enterprise value variant, is down 96% since July 24, 2024.
Metaplanet announced its authorization to buyback stock on October 28, 2025, alongside an authorization to repurchase up to 150 million shares, funded by a $500 million BTC-backed credit line.
June’s statement reiterated that authorization rather than expanding it. Gerovich also cautioned that the post “should not be interpreted as an indication that we are currently conducting, or will conduct, buybacks at any specific time.”
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Crypto World
Humanity Protocol says attacker stole seven keys from one device
Humanity Protocol has identified a malware-infected developer machine as the source of the security breach that led to the theft and unauthorized minting of roughly 447 million H tokens across Ethereum and BNB Smart Chain.
Summary
- Humanity Protocol said a malware-infected developer machine exposed seven private keys used in the June attack that affected Ethereum and BNB Smart Chain.
- Stolen credentials allowed the attacker to drain 141.2 million H from the Ethereum bridge and mint 300 million H on BNB Smart Chain.
- The project said the incident stemmed from compromised private keys rather than a flaw in its smart contracts or bridge infrastructure.
According to Humanity Protocol’s incident report, an attacker gained root access to a developer device and obtained seven private keys that had been inadvertently backed up during the project’s June 2025 mainnet launch.
The keys included the admin hot wallet key, three Ethereum Safe owner keys, and three BSC Safe owner keys, giving the attacker access to critical infrastructure from a single compromised machine.
The findings add new details to an attack that previously caused H to plunge sharply before staging a partial recovery. On June 10, the token traded near $0.163, up 23.7% over 24 hours, although it remained down 74.1% over the previous week following the exploit.
Humanity Protocol said the incident was not caused by a flaw in its bridge contracts, token contracts, or Safe architecture. Instead, the attacker used valid private keys to authorize transfers, Safe transactions, and contract upgrades after obtaining control of the credentials.
Attacker used stolen keys to seize bridge controls
Based on the report, the attack unfolded across three separate actions between June 8 and June 9.
During the first wave, 6.04 million H were drained from an Ethereum admin hot wallet after its private key was compromised. From there, the attacker moved against the protocol’s bridge infrastructure.
Using three stolen keys from a six-member Ethereum Safe, the attacker transferred ownership of the Bridge ProxyAdmin to an attacker-controlled wallet. After obtaining administrative control, the attacker upgraded the bridge to a malicious implementation and drained 141.18 million H in a single transaction.
Humanity Protocol said the transaction carried the signatures needed to meet the Safe’s threshold requirements, allowing the upgrade to appear as an authorized action rather than a smart contract exploit.
On BNB Smart Chain, a separate set of three compromised Safe keys gave the attacker control of the token’s ProxyAdmin. After deploying a malicious implementation, the attacker executed three mint transactions of 100 million H each, increasing the token’s supply from about 141.1 million to 441.1 million H.
Investigation points to single point of compromise
While the Ethereum bridge assets were drained, the report described the BSC token as unrecoverable because the attacker still controls the ProxyAdmin and can continue minting additional tokens. Humanity Protocol said the attacker retains ownership of both the bridge and token administration contracts affected in the incident.
Earlier disclosures from the project focused on compromised employee devices and stolen Safe keys. The latest forensic findings narrowed the cause to one malware-infected developer machine that stored multiple sensitive backups. According to the report, investigators believe all seven private keys were obtained from that single device.
Several questions remain unanswered. Humanity Protocol said it has not yet determined when the attacker first gained access, how the machine was compromised, or how long the stolen credentials were held before the attack was carried out.
In response to the incident, the project halted deposits and withdrawals through the affected bridges, launched a public recovery tracker, and offered a $1 million USDT bounty for information that leads to asset recovery. Humanity Protocol previously said any recovered funds would be used to buy back H tokens.
Crypto World
Cardano Metrics Flash Unusual Signals During ADA Sell-Off and Hoskinson’s Break
Although the entire cryptocurrency market tumbled in the past 10 days or so, Cardano’s native token has taken one of the most substantial hits, perhaps due to Charles Hoskinson’s decision to take a break, which raised many eyebrows.
Santiment has now examined some of the on-chain metrics within the Cardano ecosystem, which are showing some conflicting yet promising signs.
Cardano’s Metrics
The analysts at the monitoring company noted that many of Cardano’s on-chain age metrics had “started showing unusual behavior” for several days. For instance, Mean Dollar Invested Age, tracking the average age of capital sitting in ADA wallets, had been “steadily climbing” for an extended period, indicating that coins were remaining dormant and investors were largely holding to their positions.
However, that trend has flipped, with the metric now showing flattening and turning lower, as previously inactive tokens started moving.
The Age Consumed supports this narrative with a few major spikes. The metric tracks the movement of older, dormant tokens, and ADA has recorded multiple surges in it since late last week. One of them became the highest since April.
“This suggests that this recent flush has motivated some long-term holders to become active again,” said Santiment.
Although the company admitted that these signals do not necessarily mean that a reversal is coming, the analysts said they “do indicate that something has changed beneath the surface.” Historically, clusters of Age Consumed spikes paired with a pause or a decline in Mean Dollar Invested Age have “often appeared around key market turning points.”
The Recent Price Flush
ADA traded at $0.24 at the start of June. Moreover, it was close to $0.29 a month ago. The dump below $0.15 last Friday meant that it has crashed by 38% in a few days and a whopping 48% since that local peak in mid-May.
Aside from the overall market weakness, the other notable reason behind this, which could also be the culprit for the changing ADA age metrics, is the fact that Cardano’s founder, Charles Hoskinson, decided to take a break in these challenging times. He warned that the broader Cardano ecosystem could face a ‘wave of failures’ due to project shutdowns and funding difficulties.
ADA now sits at $0.16 after it was stopped at $0.17 yesterday. Its market cap has tumbled below $6 billion, making it the 19th-largest crypto asset by that metric.
The post Cardano Metrics Flash Unusual Signals During ADA Sell-Off and Hoskinson’s Break appeared first on CryptoPotato.
Crypto World
Ripple Whales Refusing to Sell? Why Declining Binance Inflows Could Boost XRP to $2
The broader crypto market may be experiencing bearish conditions, but XRP whales appear to be in a league of their own. Latest on-chain data suggests this cohort of investors is selling fewer tokens on exchanges, raising the question of whether they are becoming more confident in the asset.
According to an analysis by CryptoQuant researcher Pelinay, decreased selling from XRP whales, coupled with stronger demand, could trigger a rally and help the sixth-largest cryptocurrency revisit the $1.8-$2 range.
Binance Records Subdued Whale Inflows
Pelinay’s analysis cited data from the world’s largest crypto exchange, Binance. Transfers of more than 1 million XRP started to decline in 2025 and have maintained that trend this year. Before the decline began, these forms of transfers were dominant on charts during certain periods, reflecting huge inflows from whales and institutional addresses.
The inflows remained consistently high between 2021 and 2025, indicating that most of these market participants used Binance.
After a 2025 peak, the 1 million+ XRP inflows began to slow down, reflecting weakening selling pressure from large holders. The decline intensified after U.S. authorities approved spot XRP exchange-traded funds (ETFs), indicating a reduced willingness among whales to offload their holdings.
XRP Price Still Down
Evaluating historical data, there is a clear trend of sharp spikes in the 100,000-1 million XRP and 1 million+ XRP inflows preceding major market downturns. This means inflows from these investor cohorts have increased selling pressure to the point where the asset takes major hits.
“At the far right of the chart, no such extraordinary surge is currently visible. As a result, on-chain data does not point to aggressive whale selling or widespread profit-taking at this stage,” Pelinay stated, referring to the Binance XRP inflow chart.
Although whales have been selling less XRP since 2025, the asset’s price has still retreated from the $3 region. At the time of writing, XRP was trading around $1.10, down 10% weekly and 5% in 24 hours. Pelinay attributed this price movement to leverage liquidations and broader market weakness due to the bear cycle.
At the end of the day, XRP can only climb higher if demand becomes stronger and inflows into Binance remain poor. This is because the available supply will continue to decrease while demand accelerates.
“As long as there is no renewed surge in the 1M+ XRP inflow category, this constructive market structure may remain intact,” the analyst added.
The post Ripple Whales Refusing to Sell? Why Declining Binance Inflows Could Boost XRP to $2 appeared first on CryptoPotato.
Crypto World
The U.S. CPI scenario that could send the BTC price tumbling below $60,000: Crypto Daily
Bitcoin is wobbling near $61,000 and data due later today could push it over the edge along with the wider crypto market.
The U.S. consumer price index for May is due to hit the wires at 8:30 a.m. ET. The figure is expected to show the cost of living in the world’s largest economy rose 4.2% year-on-year, a three-year high, following April’s 3.8% reading, according to Reuters.
That would put inflation more than two full percentage points above the Fed’s 2% target. Concerns the Fed is likely to raise interest rates are already weighing on bitcoin, and more evidence is likely to send the largest cryptocurrency even lower.
That said, bitcoin’s reaction will depend less on the headline figure and more on what’s underneath it.
The key question is whether inflation broadened across multiple categories or remained concentrated in energy. If it’s the latter, markets may well dismiss the print as a transitory effect of the first-quarter spike in oil prices driven by the war with Iran.
This looks plausible given the CBOE Oil Volatility Index (OVX) has already cooled to pre-war levels and WTI crude fell over 16% to $87 a barrel last month. It continues to trade around those levels.
“A 0.3% MoM core inflation reading (consensus est.) could prompt a small initial rally in rates, if driven by transitory factors (e.g., fuel surcharges),” MUFG Research said. “But if inflation broadens out, it will impact a market already on edge triggering a minor sell-off.”
For bitcoin traders, a hotter-than-forecast figure across several sectors raises the probability of a break below $60,000. According to CME Fed fund futures, traders are already pricing in a year-end rate at least 25 basis points higher than the current 3.50%-3.75% range.
A downside surprise, on the other hand, could trigger a relief rally, especially given BTC is looking oversold on key indicators, such as the RSI.
Either way, volatility is likely to be elevated. The direction is the CPI’s to decide. Stay alert!
Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”
What’s trending
Today’s signal

The chart shows XRP’s weekly price action in candlestick format since late 2023.
Prices for the payments-focused cryptocurrency have dipped below their 200-week simple moving average (SMA) in a sign of a deepening bear market. This puts XRP at a disadvantage relative to bitcoin, which is still trading around its 200-week SMA.
The breakdown signals there’s potential for a deeper slide toward next support at $0.95, the high hit three years ago. This is the level where sellers overpowered buyers in July 2023, reversing the bounce at that time.
Crypto World
Anthropic launches Claude Mythos with safeguards, crypto users wary
Anthropic has released the first public version of its Claude Mythos-based model under the Fable 5 banner, a move that has crypto users weighing the potential for powerful AI-driven vulnerabilities against the safeguards designed to mitigate misuse. Even with embedded guardrails, industry participants worry that such capable AI could lower the barrier to discovering and exploiting weaknesses in crypto systems.
Anthropic disclosed last month that its Mythos family had identified more than 10,000 high- or critical-severity vulnerabilities in “systemically important software,” a claim that has sharpened scrutiny over a public release. On Tuesday, the company asserted that Fable 5 is “made safe for general use” and includes safeguards that reroute sensitive topics—such as cybersecurity—to a separate model, Claude Opus 4.8. Yet Anthropic acknowledged, “Releasing a model this capable comes with risks. Without safeguards, Fable 5’s capabilities in areas like cybersecurity could be misused to cause serious damage.”
The crypto community’s reaction has been cautious at best. As AI-driven tooling increasingly targets crypto platforms—sometimes enabling rapid reconnaissance, vulnerability discovery, or operational manipulation—analysts point to empirical hacks and loss data to illustrate the stakes. In April, the total value stolen in crypto hacks reached $629.7 million, the highest monthly tally since February 2025, a development analysts linked—at least in part—to advancing AI-assisted attack methods.
Key takeaways
- Anthropic publicly released Claude Mythos’ Fable 5, the latest high-capability iteration offered for general use, with safety rails that redirect sensitive cybersecurity inquiries to Claude Opus 4.8.
- The company emphasizes safety, but warns that powerful models can still be misused to exploit crypto ecosystems if proper defenses are not maintained.
- Crypto practitioners express persistent concern: tools that lower the cost and skill barrier for bug discovery could transform both defensive audits and offensive exploits, particularly in DeFi.
- Industry voices offer a spectrum of views—from alarm about increased attack surface to skepticism that Mythos’ bug-hunting prowess will translate directly into more DeFi exploits.
- Anthropic plans restricted access for a small group of cybersecurity and infrastructure providers to Mythos 5 with safeguards lifted in certain areas, highlighting ongoing debates about governance and exposure.
Public release and guardrails: what changes for crypto researchers and hackers?
Fable 5 represents the publicly accessible layer of Claude Mythos, designed to operate alongside the company’s existing guardrails. Anthropic’s framing suggests that while the model is powerful enough to analyze complex software and generate insights, it deliberately channels cybersecurity-related queries away from the main assistant toward a protected variant. The aim is to balance broad usability with risk containment, particularly given the sensitive nature of security research and the potential for dual-use applications.
However, the topic remains contentious in crypto circles. The release has revived conversations about whether publicly available AI tools should be trusted to surface critical weaknesses or inadvertently enable attackers to automate reconnaissance, vulnerability analysis, and even exploit development. The tension is stark when viewed against recent threat data and the rising sophistication of AI-assisted security testing.
Voices from the frontlines: competing assessments of risk
Simon Dedic, founder of Moonrock Capital, captured the unease in a series of posts, arguing that Fable 5 could dramatically lower the cost and skill required to identify exploitable flaws in smart contracts. “For DeFi, this should be a massive wake-up call. Unaudited protocols will become sitting ducks. Known exploits will get replayed on forks around the clock. Even small projects will get targeted simply because trying costs next to nothing now,” he wrote online. The implication is that the barrier to finding and exploiting bugs could shrink, potentially accelerating both defensive and offensive cycles in DeFi security.
Not all voices share that alarm. Curve Finance co-founder Michael Egorov offered a more tempered view, suggesting that Mythos’ track record of finding bugs in other software might not seamlessly translate to discovering vulnerabilities in DeFi smart contracts. He noted that the scale of code in the targeted software matters: Mythos identified vulnerabilities in software with millions of lines of code, whereas smart contracts in DeFi are typically much smaller. “Both humans and ‘usual’ AI perfectly fit that code in context and can reason well about it,” he said, signaling that the direct translation of Mythos’ strengths to DeFi threats may be overstated for now.
Beyond DeFi-specific concerns, Egorov warned of broader operational-security vectors, such as compromised multisig keys or supply-chain attacks on frontend dependencies, which could become more prevalent in a world where AI-assisted analysis accelerates vulnerability discovery. He argued that while the risk landscape would inevitably shift, outright catastrophic DeFi hacks might not materialize in the same fashion as large-scale software breaches.
Context: Mythos findings in the wider ecosystem
May’s disclosures from Anthropic highlighted Mythos’ breadth of capability, revealing thousands of critical findings in important software via Project Glasswing. In the realm of open-source software—which underpins a significant portion of crypto protocol infrastructure—Mythos reportedly identified around 6,200 high- or critical-severity vulnerabilities across more than 1,000 projects. This backdrop underscores the tension between openness, speed, and security in crypto engineering, where open-source components are ubiquitous and critical to security posture.
For crypto projects, the takeaway is not simply a warning about AI-powered bug hunting but a prompt to rethink defense-in-depth, vetting processes, and the governance of open-source dependencies. If an AI model can surface vulnerabilities across diverse systems rapidly, project teams may need to raise their security bar for code audits, dependency management, and prompt patch adoption, while also considering privileged access controls and wallet-security hygiene in day-to-day operations.
Access, governance, and the path forward
Anthropic confirmed that a “small group” of cybersecurity and infrastructure providers would gain access to Claude Mythos 5—the same base as Fable 5 but with safeguards lifted in limited areas. This approach aims to balance the broader public utility of the model with controlled exposure, allowing vetted institutions to push the boundaries of security research while preserving guardrails for the general user base. The arrangement mirrors ongoing debates within the AI and crypto communities about who should have access to powerful tools and under what conditions.
The conversation remains unsettled as the industry weighs potential benefits—accelerated discovery of vulnerabilities, improved security tooling, and more robust defensive capabilities—against risks like misuse, privacy breaches, or unauthorized system manipulation. The evolving dynamic invites further scrutiny from regulators, platform operators, and developers who must balance innovation with responsible stewardship.
For crypto stakeholders, the immediate takeaway is pragmatic: while powerful AI like Mythos can accelerate security work, it also intensifies the need for disciplined operational security. Practitioners are advised to maintain best practices—revoke unused wallet approvals, reduce exposure by minimizing on-chain value during high-risk experimentation, and consider hardware wallet recovery and cold-storage measures during periods of heightened AI-assisted threat activity.
In the coming months, observers will watch how firms implement governance around AI-assisted security testing, how asset custodians adapt to emerging risk vectors, and whether regulatory bodies issue more explicit guidelines on the permissible use of advanced AI in crypto security research. The balance between enabling powerful tooling and safeguarding user funds remains the central question for builders, users, and investors navigating this evolving frontier.
As the AI-security narrative unfolds, readers should stay attuned to updates on who gains continued access to Mythos 5, how the guardrails evolve, and what concrete incident data emerges as crypto teams adapt to a world where AI-assisted vulnerability discovery becomes routine rather than exceptional.
Crypto World
Humanity Protocol Hack: How One Infected Device Handed an Attacker Seven Private Keys
TLDR:
- One compromised developer machine exposed seven private keys tied to Humanity Protocol’s infrastructure.
- The attacker drained 141M H from the ETH bridge and minted 300M H on BSC using stolen Safe owner keys.
- No smart contract bug was involved — every attacker action used legitimate, compromised private keys.
- The BSC H token remains unrecoverable as the attacker still controls the ProxyAdmin and can mint freely.
Humanity Protocol confirmed on June 9, 2026, that a single compromised developer machine was the source of a coordinated cross-chain attack.
An attacker obtained seven private keys from one infected device, enabling unauthorized control over critical protocol infrastructure on both Ethereum and BNB Chain.
The incident resulted in losses exceeding $31 million and a near-total collapse of the H token’s market value.
One Device, Full Protocol Access
The investigation confirmed that a developer’s machine was infected with malware, giving the attacker complete root access.
During the Humanity Protocol mainnet launch in approximately June 2025, several private keys were inadvertently backed up to that same device.
Those keys included the admin hot wallet key, three ETH Safe owner keys, and three BSC Safe owner keys — seven in total, all stored on one machine.
Founder Terence Kwok acknowledged the breach publicly, stating: “We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation. As a precaution, please do not interact with the bridge or any liquidity pools until we confirm it’s safe.” The team added it was already working with security experts at the time of that statement.
Because all seven keys resided on one device, a single point of compromise handed the attacker full operational control. The attack was not the result of a smart contract bug.
Every transfer, Safe transaction, and proxy upgrade the attacker executed used legitimate credentials, making early on-chain detection nearly impossible.
Three Attack Vectors, One Stolen Key Set
The first attack began on June 8, 2026, when the attacker used the compromised admin hot wallet key to transfer 6,045,060 H tokens directly to an aggregation wallet on Ethereum. That transaction required no contract interaction — just a stolen key and a direct outbound transfer.
The second vector followed hours later. Using three of the six stolen ETH Safe owner keys, the attacker assembled an offline Safe transaction and transferred Bridge ProxyAdmin ownership to their own wallet.
They then upgraded the bridge contract to a malicious implementation and swept 141,182,632 H in a single transaction. The entire ETH bridge lockbox was drained within minutes of the ProxyAdmin transfer.
The third vector targeted BNB Chain. Three BSC Safe owner keys — a completely separate set from the ETH compromised keys — were also stored on the same device.
The attacker used those keys to seize the BSC ProxyAdmin by the same method, then called mint() three times, producing 100 million H per transaction.
On-chain analyst Specter flagged the early stages of the attack on X, writing: “It appears that wallets linked to, or that have interacted with, @Humanityprot are being compromised. So far, more than 17 wallets holding $H tokens have been drained, resulting in total losses exceeding $5 million.”
Total BSC mints ultimately reached 300 million H, pushing the pre-attack supply of 141 million to 441 million — a 213% increase.
What Was Saved and What Remains at Risk
Not all protocol infrastructure was affected. The ETH H token contract remained untouched throughout the attack, as its ProxyAdmin was controlled by a clean 4-of-7 Safe.
On June 9, that Safe successfully froze the ETH H token by upgrading it to an implementation that blocks all transfers. The canonical Arbitrum bridge, holding approximately 87 million H, also remained unaffected.
However, the ETH bridge and the BSC H token contract remain fully under attacker control. The BSC ProxyAdmin has not been recovered, and the attacker retains the ability to mint additional H tokens at any time. Around 21.74 million H also remained in the aggregation wallet as of June 9, pending liquidation.
The Humanity Protocol private key compromise reflects a human and operational security failure. The investigation report stated the attack “was made possible entirely by key compromise resulting from inadequate key storage practices,” noting that production-grade signing keys were backed up to a general-purpose development machine rather than isolated hardware.
The attack may have been planned well in advance, as the attacker held all seven keys before executing coordinated moves across two chains within a 15-hour window.
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