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Solana (SOL) Price Watch: 600,000 Tokens Flow to Exchanges as Key Levels Emerge

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Solana (SOL) Price

TLDR

  • A significant deposit of 600,000 SOL landed on exchanges, sparking supply-side concerns
  • Market watcher Ali Charts highlights $50 as a critical zone to monitor for potential retracements
  • Trader Ardi views the $45–$60 band as a more favorable accumulation opportunity for long-term positions
  • SOL has rebounded from recent bottoms and now faces a test at the $80 resistance threshold
  • Development activity remains robust across payments, prediction markets, and tokenized assets on the Solana network

Solana has captured significant market attention following a substantial token transfer to trading venues, prompting analysts to reassess critical price thresholds.

Solana (SOL) Price
Solana (SOL) Price

Crypto market analyst Ali Charts documented a notable event on June 20: approximately 600,000 SOL tokens were transferred to centralized exchanges within a compressed timeframe. Market participants typically scrutinize such sizable exchange deposits as they often precede selling activity or position adjustments by large holders.

Major Token Transfer Highlights $50 Price Zone

Ali Charts characterized the sudden surge in exchange-bound tokens as a sign that holders are relocating liquid assets from self-custody solutions. He interpreted this movement as growing uncertainty regarding the sustainability of present valuation levels.

He further noted that should this influx of spot inventory catalyze a rapid sell-off, the $50 mark represents his primary downside target. According to his assessment, a retracement into this price zone could neutralize near-term selling pressure and establish a more resilient foundation for subsequent upward momentum.

It’s important to recognize that exchange deposits don’t automatically translate to immediate liquidations. Certain transfers serve purposes such as collateralization or platform-internal operations. Market participants are awaiting concrete price action before committing to directional positions.

SOL has staged a recovery from its recent nadirs, climbing back toward the $68 area. This rebound has redirected focus to the $80 resistance barrier, which analysts now identify as the next significant hurdle.

Market Observer Prefers Entry Points Below $60

Crypto trader Ardi has been examining Solana through a historical cycle perspective. He observed that SOL peaked near $295 before entering its current downtrend, and an 80% to 85% retracement from that high would position the asset within the $45–$60 corridor.

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He indicated this price band corresponds with the bottom boundary of his multi-year valuation framework. Ardi has explicitly stated he’s avoiding purchases at present prices, preferring instead to wait for a descent into that support region before establishing long positions.

Ardi also referenced Solana’s previous bear cycle, when the FTX implosion drove SOL down to approximately $8 following an already severe 90% decline from its all-time high. He noted that investors who accumulated near $17 prior to that final capitulation event still realized substantial returns during the subsequent recovery phase.

Technical analysis using Elliott Wave methodology from More Crypto Online suggests SOL may be constructing a higher low formation. Should buying pressure persist, this pattern could facilitate a challenge of the $80 resistance level.

Regarding ecosystem development, prominent Solana community figure Mert emphasized that the network has validated its performance capabilities through years of high-throughput usage. He identified prediction markets, tokenized equities, enterprise-grade payment solutions, and privacy-preserving applications as potential growth vectors for on-chain activity.

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According to current market dynamics, the $50 and $80 thresholds remain the two pivotal price zones commanding the greatest attention from active traders.

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Coinbase (COIN) Stock Forecast: Analyst Projections Through 2031

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COIN Stock Card

Key Takeaways

  • Q1 2026 marked Coinbase’s second consecutive quarterly loss, posting $1.43 billion in revenue against a $394 million net deficit.
  • Strategic diversification includes stablecoins, derivatives trading, payment solutions, and prediction market platforms.
  • The newly launched prediction markets division achieved more than $100 million in annualized revenue within months.
  • Deribit acquisition strengthens Coinbase’s competitive stance in cryptocurrency derivatives trading.
  • Wall Street consensus targets approximately $250 for 12 months, with 2031 base-case projections between $300–$400.

Since going public through a direct listing in 2021, Coinbase (COIN) stock has experienced significant volatility — climbing to impressive peaks before retreating sharply. While near-term movements capture headlines, the more compelling analysis focuses on where this cryptocurrency platform could stand by 2031.


COIN Stock Card
Coinbase Global, Inc., COIN

Current analyst consensus places COIN at approximately $250, derived from 33 Wall Street analysts monitored by MarketBeat. The overall rating stands at Hold, comprising 18 Buy recommendations, 12 Hold positions, and 3 Sell ratings.

Recent performance has been challenging. The stock has retreated from previous highs, and first-quarter 2026 earnings reflected this pressure. The company reported roughly $1.43 billion in revenue while recording a $394 million net loss — marking back-to-back quarters in the red. Declining cryptocurrency trading volumes directly impacted transaction-based income.

This represents the immediate reality. The extended-term narrative, however, tells a different story.

Coinbase has systematically constructed a diversified portfolio of services extending beyond its primary exchange operations. The company now operates across stablecoins, derivatives markets, institutional infrastructure, payment processing, and Base — its proprietary Ethereum Layer 2 blockchain solution.

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The Deribit purchase represents a strategic milestone. As among the world’s leading platforms for cryptocurrency options and futures, Deribit’s integration significantly enhances Coinbase’s capabilities in derivatives — a rapidly expanding market segment.

Rapid Growth in Prediction Markets

One recent initiative has generated particular interest: Coinbase’s entrance into prediction markets. Company leadership revealed the segment surpassed $100 million in annualized revenue shortly after deployment. This rapid scaling demonstrates the viability of new product categories.

This development illustrates Coinbase‘s capacity to execute swiftly when identifying market opportunities, with several initiatives already delivering meaningful returns.

Constructing a 2031 Valuation Framework

Valuing Coinbase through current earnings metrics presents challenges — cryptocurrency markets operate cyclically, and the company remains in transformation mode. A more practical approach examines potential revenue generation five years forward.

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In a base-case projection — assuming continued institutional cryptocurrency adoption, expanding stablecoin utilization, and growing derivatives activity — Coinbase could achieve approximately $12 billion in annual revenue by 2031. Applying roughly $9 in earnings per share with a 32x earnings multiple suggests a stock price approaching $300.

This represents the moderate scenario. A pessimistic outlook, where adoption stagnates and fee compression intensifies, could drive shares toward $20–$50. Conversely, an optimistic scenario featuring mainstream digital asset integration and Base establishing itself as a major blockchain network could propel valuations beyond $800.

Rosenblatt recently confirmed its Buy rating with a $240 target. Multiple analysts continue positioning COIN as a long-term investment thesis on cryptocurrency adoption.

Probability-weighted modeling currently suggests a base estimate near $370 by 2031, according to current analytical frameworks.

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Crypto Mom Hester Peirce to leave SEC as crypto rule work continues

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Crypto Mom Hester Peirce to leave SEC as crypto rule work continues

SEC Commissioner Hester Peirce, widely known in the digital asset industry as “Crypto Mom,” said she will leave the agency in November and join Regent University School of Law as an associate professor.

Summary

  • Peirce said she will leave the SEC in November and join Regent Law as professor.
  • Her exit comes as the SEC weighs crypto rules, tokenization and a narrow innovation exemption.
  • The SEC will have only Paul Atkins and Mark Uyeda as active commissioners after departure.

Peirce confirmed the plan during an appearance on The Rollup podcast, saying she will be “moving to the beach” after nearly three decades in Washington, D.C. As previously reported by crypto.news, Regent announced in May that she will teach securities regulation, financial markets, digital assets and public policy.

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Peirce confirms move to Regent Law

Peirce has served as an SEC commissioner since January 2018. The Senate confirmed her for a second term in 2020, and that term expired on June 5, 2025.

SEC rules allow commissioners to remain for up to 18 months after a term expires if no successor has been confirmed, according to the SEC commissioners page. Peirce could have stayed until December 2026, but her November move means she will leave slightly earlier.

On the podcast, Peirce said she looks forward to working with students. “I’m going to be teaching law school. So, I’m excited about working with the next generation,” she said.

Crypto task force faces transition

Peirce has led the SEC’s Crypto Task Force since January 2025. The task force seeks to draw clearer lines around digital assets, token status, disclosure rules, registration paths and enforcement priorities. It also gives market participants a channel to send written input and request meetings during the current rule review.

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Her departure will leave the commission with Chairman Paul Atkins and Commissioner Mark Uyeda as the two active sitting members, unless new nominees are confirmed before then. The SEC is designed to have five commissioners, with no more than three from the same political party.

Peirce’s final priorities include helping shape a crypto framework, changing rules so more companies can go public earlier and removing the trade-through rule. These items remain part of a wider market-structure debate at the agency.

Innovation exemption remains pending

The SEC’s possible “innovation exemption” for digital assets has drawn strong attention from crypto firms and tokenization platforms. Peirce used the podcast appearance to lower expectations around what the proposal may include.

“First, the innovation exemption has not yet been released. So that’s one myth that should be dispelled,” Peirce said. She also said synthetic securities were not part of what officials had in mind.

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Her comments followed reports that the SEC could give firms limited room to test blockchain-based products while broader rules remain under review. Peirce said the exemption should not be treated as a blanket approval for every tokenized product.

Exit comes during crypto policy reset

Peirce gained the “Crypto Mom” nickname after years of criticizing enforcement-led crypto oversight and calling for clearer rules. Her public dissents made her one of the industry’s most followed SEC officials.

The agency has shifted under Atkins toward new crypto policy work, including tokenization, custody and market access. The question now is whether that work continues at the same pace after Peirce leaves.

For crypto firms, the timing matters because several rulemaking paths remain open. Peirce’s exit does not stop the SEC’s crypto agenda, but it removes one of its most visible advocates inside the commission.

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Japan Pension Fund Serving 1,200 Firms Plans Crypto Investment

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Japan Pension Fund Serving 1,200 Firms Plans Crypto Investment

A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal 2026.

According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in a passive fund managed by a major hedge fund that holds multiple crypto assets. The pension fund reportedly manages about 21.3 billion yen in assets, or about $130 million. 

Japanese crypto news site CoinPost reported that the fund is adding crypto as part of an effort to diversify its exposure. The fund reportedly allocates 80% of its assets to yen, 15% to US dollars and 5% to other currencies.

The move suggests crypto is beginning to gain acceptance among Japan’s more conservative institutional investors as the country prepares to integrate digital assets more closely with traditional finance. 

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Japan brings crypto closer to traditional finance

The planned pension allocation comes as Japanese lawmakers and financial institutions prepare for digital assets to play a larger role in the country’s traditional financial system. 

On June 11, Japan’s House of Representatives passed legislation that would bring crypto assets under the Financial Instruments and Exchange Act, subjecting them to rules more closely aligned with those governing conventional financial products.

The legislation is expected to proceed to the House of Councilors and could create a path for crypto exchange-traded funds and a shift to a 20% flat tax on digital-asset gains. 

Related: Polymarket seeks Japan entry despite gambling law hurdles: Report

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Japanese financial groups are also developing new ways for retail and institutional investors to access crypto. SBI Shinsei Bank has begun testing a deposit-linked rewards program offering vouchers redeemable for Bitcoin, Ether or XRP, ahead of a planned permanent launch this autumn.

On June 12, Metaplanet, Japan’s largest publicly listed Bitcoin holder, also agreed to acquire Siiibo Securities for 2.1 billion yen. The company said the acquisition would support the development and distribution of Bitcoin-linked yield products through a newly formed securities arm.

Magazine: China’s 107 Bitcoin memory thief, Bithumb CEO booked: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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Bitcoin price steadies near $64K as traders watch ETF outflows and Hormuz risk

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Bitcoin (BTC) price chart, source: BATMAN/X

Bitcoin traded near $64,000 on Sunday after recovering part of Friday’s sell-off, but the rebound has not yet changed the wider range. 

Summary

  • Bitcoin traded near $64,008, up 0.87% daily, while staying almost flat on the week overall.
  • Galaxy Research said Bitcoin ETFs posted a record $6.35B outflow across the latest 30-day window.
  • Analysts are watching $62K support and $67K resistance as macro risks steer near-term Bitcoin direction.

According to crypto.news market data, Bitcoin traded around $64,008, up 0.87% over 24 hours.

The page showed a 24-hour range between $63,188 and $64,462, with daily volume above $16.6 billion. Bitcoin’s seven-day move stayed slightly negative, showing that the weekend bounce only repaired part of the damage.

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The move kept traders focused on the $62,000 support area. A clear break below that zone could weaken short-term sentiment, while a move above $67,000 would give bulls a stronger relief setup.

Bitcoin holds range after Friday’s drop

Bitcoin fell below $63,000 on Friday as risk appetite weakened across crypto markets. It later bounced from the weekly 200-period moving average area and the 0.618 Fibonacci retracement, according to crypto trader Daan Crypto Trades.

Daan said the $62,000 area remains the level bulls “must hold” into the weekly close. In his view, a move below that level would look bearish in the short term, while a break above the local high near $67,000 could open a move toward $73,000.

Ether, Solana and Tron also firmed over the weekend, while HYPE remained one of the stronger weekly performers despite a daily pullback. Dogecoin stayed weaker than most large tokens on a seven-day basis.

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The broader market move looked more like stabilization than a strong trend change. Bitcoin still needs a higher close above nearby resistance to show that buyers control the next leg.

Hormuz threat keeps macro risk alive

Bitcoin’s weekend move came as traders watched planned U.S.-Iran ceasefire talks in Switzerland. The talks follow last week’s memorandum of understanding, which gave both sides a 60-day window to work toward a longer deal.

The market backdrop remains unsettled because Iran again ordered the closure of the Strait of Hormuz. The waterway is one of the world’s key oil routes. A real closure could lift oil prices and pressure risk assets, including Bitcoin.

crypto.news previously reported that lower oil from a reopened Hormuz can ease inflation pressure and help liquidity expectations. The reverse also matters. Higher oil could revive inflation worries and keep the Federal Reserve cautious, which would limit support for crypto.

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That keeps Bitcoin tied to events outside crypto markets. A durable ceasefire would reduce one source of risk, while a renewed oil shock could bring back defensive trading across digital assets.

Bitcoin ETF outflows weigh on demand

ETF flows remain another key issue for Bitcoin price analysis. Galaxy Research said U.S. spot Bitcoin ETFs recorded $6.35 billion in net outflows over the latest 30-day window, the largest such outflow in its tracked data.

The same data showed six straight weeks of outflows. Cumulative net flows reportedly fell to $53.4 billion from a $63 billion peak in October 2025. That suggests institutional demand has cooled while price tries to hold support.

ETF outflows do not always force an immediate price break. Still, they remove a source of steady demand that helped Bitcoin during earlier parts of the cycle. When fund flows weaken at the same time as macro risk rises, buyers often wait for clearer levels before adding exposure.

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The pressure also matters because Bitcoin has traded below several earlier cycle reference levels. If funds keep losing capital, spot buyers may need to absorb more supply before price can reclaim the $67,000 area.

Analysts split on momentum signals

Some technical traders see early signs of relief. Crypto analyst BATMAN said Bitcoin printed a daily MACD momentum flip from deeply negative territory. He argued that similar signals in this cycle appeared near local bottoms before relief rallies.

Bitcoin (BTC) price chart, source: BATMAN/X
Bitcoin (BTC) price chart, source: BATMAN/X

Rekt Capital gave a more cautious historical view. He said that if June ends red, July has often moved in the opposite direction. He also noted that a weak June close could confirm a loss of the 50-month EMA as support, turning any July bounce into a retest rather than a confirmed recovery.

For now, Bitcoin remains caught between support near $62,000 and resistance near $67,000. A close below $62,000 would put the $60,000 to $59,000 zone back in focus. A move above $67,000 could shift attention toward $73,000, especially if oil risk eases and ETF outflows slow.

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The near-term setup therefore stays balanced. Bitcoin has stabilized, but traders still need stronger volume, better fund flows and calmer geopolitical news before calling the rebound durable over the near term.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Ethereum’s Most Notorious MEV Bot Loses $7.5 Million in On-Chain Honeypot Trap

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CEO of Australia’s Largest Bank Sees AI Workforce Consequences Across the Economy

An attacker drained roughly $7.5 million from the JaredFromSubway MEV bot, one of Ethereum’s most active sandwich-attack systems, after tricking it into approving token spending it never should have granted.

Security firm Blockaid, which flagged the incident, said the bot was not hit by a smart-contract bug, a phishing attack, or a private-key leak. Instead, the attacker turned the bot’s own profit-seeking logic against it.

How the MEV Bot was Tricked

The JaredFromSubway MEV bot runs an automated strategy that scans Ethereum’s mempool for profitable trades. The practice is known as maximal extractable value.

The bot front-runs and back-runs other trades to capture the price difference, a tactic called a sandwich attack.

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It became infamous in April 2023. In one day, it burned over $1 million in gas, nearly 8% of all Ethereum gas spending.

The attacker spent weeks deploying 66 counterfeit token contracts. The fakes imitated Wrapped Ether (WETH), USD Coin (USDC), and Tether (USDT).

To the bot, these contracts looked like the routes it was built to chase. It took the bait and approved spending to attacker-controlled helper contracts. One approval alone handed over more than 92 WETH.

A final contract then used those open allowances to sweep real funds from the bot.

A Reverse-MEV Trap

The trap turned the bot’s speed and aggression into a weakness. Hunting MEV bots is not new. In 2023, a rogue validator drained about $25 million from MEV sandwich bots.

“attacker-controlled contracts tricking an automated MEV execution system into granting token approvals, later used to drain funds,” Blockaid indicated.

Sandwich attacks like these have long drawn criticism for acting as an invisible tax on everyday traders.

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The bot’s operator put the loss closer to $15 million. They also offered a $1 million bounty for the return of the funds. Blockaid and PeckShield valued the on-chain drain at about $7.5 million in WETH, USDC, and USDT.

The operator recovering anything may now depend on the attacker accepting that offer.

The post Ethereum’s Most Notorious MEV Bot Loses $7.5 Million in On-Chain Honeypot Trap appeared first on BeInCrypto.

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Polymarket World Cup bets raise questions after $24m wallet profits

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Polymarket says no mandatory KYC planned for main prediction market

On-chain tracker Lookonchain said three wallets made $24.25 million in profits from World Cup betting on Polymarket, raising fresh questions about large traders in crypto prediction markets.

Summary

  • Lookonchain linked three winning wallets to one Binance deposit address after posting $24.25M in profits.
  • The wallets allegedly won several World Cup bets, then stopped trading and withdrew remaining funds.
  • The case adds fresh pressure on prediction markets already facing scrutiny over insider-style information advantages.

The tracker described the activity as tied to a “suspected insider,” but the claim remains based on wallet links and public trading data. Polymarket and Binance had not publicly confirmed the finding at the time of review.

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Lookonchain points to three winning Polymarket wallets

According to Lookonchain, the wallets named mintblade, GRIMDRIP and endlessFate together made more than $24 million from World Cup markets. Mintblade reportedly made $9.24 million after winning five out of five bets.

GRIMDRIP allegedly made $7.6 million after winning two out of two bets, while endlessFate made $7.41 million after winning six out of nine bets. Lookonchain said all three wallets later sent funds to Binance through the same deposit address, 0xB08B…317D.

The tracker said the common deposit path suggested the same person may control the wallets. It also said the wallets stopped trading and withdrew all remaining funds after the profits.

Large World Cup wagers drew attention

Lookonchain had already flagged several large World Cup wagers before the latest post. On June 17, it said one trader made $9.24 million in one day after winning four bets, including a large position on Iran not beating New Zealand.

The account also tracked endlessFate placing $7.46 million on Colombia to beat Uzbekistan. If the position won, the bettor stood to make $2.71 million, while a loss would erase the full stake.

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Other posts showed more large positions across World Cup markets. A wallet called weatherman12 put $1.81 million on Argentina not winning and Algeria covering a spread. Another wallet, LEEEROYJENKINS, reportedly made $5.2 million from Türkiye not winning against Australia and from an Australia spread bet.

Prediction markets face scrutiny

The case comes as prediction markets draw more attention from regulators, sports fans and crypto traders. As previously reported by crypto.news, Congress has moved to ban lawmakers from trading on prediction markets such as Polymarket and Kalshi, citing insider-trading risks.

crypto.news also reported in February that unusual Polymarket betting tied to a ZachXBT insider-trading probe raised questions about whether some traders had access to better information. That report noted that policing non-public information remains difficult when outside users trade through pseudonymous wallets.

Polymarket relies on public markets where users trade outcome contracts tied to real-world events. Supporters say these markets can reflect fast-moving public expectations, while critics argue they can reward private information when outcomes depend on facts known to only a few people.

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World Cup betting expands across crypto

The World Cup has become a major test for sports prediction markets in 2026. crypto.news earlier reported that Myriad launched a $100,000 World Cup contest with more than 75 match markets, while Polymarket and Kalshi were already listing live World Cup markets.

LBank also promoted a World Cup prediction event tied to Spain and Saudi Arabia, showing that exchanges and trading platforms are using football to attract users. These campaigns bring more attention to sports markets, but they also put trade monitoring and fair access under closer review.

For now, Lookonchain’s findings do not prove misconduct. They do show how wallet tracking can reveal trading patterns, shared cash-out routes and unusually strong win rates in public crypto markets.

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Notorious MEV Bot Jaredfromsubway.eth Loses $7.5M in Elaborate Honeypot Scheme

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Takeaways

  • The MEV bot Jaredfromsubway.eth suffered a loss exceeding $7.5 million over the weekend
  • A malicious actor created 66 fraudulent token contracts across multiple weeks to deceive the automated system
  • The bot was exploited into granting permissions to attacker-controlled contracts for fund transfers
  • Blockchain security company Blockaid described the incident as a “counter-MEV honeypot attack”
  • Portions of the pilfered assets have been transferred to Tornado Cash

A prominent crypto automation tool has fallen prey to its own methodology. The MEV bot operating under the address Jaredfromsubway.eth, which generated substantial profits by front-running other market participants, lost over $7.5 million this past Saturday.

Blockchain security company Blockaid verified the exploit.

The Mechanics Behind the Exploit

The perpetrator executed a patient, methodical approach spanning multiple weeks. They created 66 counterfeit token contracts mimicking legitimate assets including Wrapped ETH, USDC, and USDT. These fraudulent tokens were matched with deceptive liquidity pools engineered to appear as lucrative trading opportunities.

The automated system performed precisely as programmed. It identified what appeared to be a profitable arbitrage scenario and granted specific contracts authorization to access its treasury.

This authorization was the vulnerability the attacker exploited. Within a single blockchain transaction, all 66 malicious backdoors activated simultaneously, draining the bot’s entire holdings across ETH, USDC, and USDT.

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“The irony is that through its own operational processes, it handed the attacker access to millions sitting in the bot’s wallet,” explained Blockaid’s Chief Technology Officer Raz Niv.

Blockaid emphasized this wasn’t a conventional security breach. “This differs from typical phishing schemes and traditional smart-contract exploits,” the company stated. The attack specifically targeted the automated reasoning mechanisms fundamental to MEV bot operations.

Understanding Jaredfromsubway.eth

MEV (Maximal Extractable Value) bots scan pending blockchain transactions and reorder their execution sequence for financial gain. This practice is often described as an “invisible fee” imposed on everyday users.

Sandwich attacks represent a widespread tactic. These bots detect incoming trades, insert their own transactions immediately before and after the target trade, and capture profits from the resulting price fluctuations.

From November 2024 through October 2025, Jaredfromsubway.eth executed approximately 70% of all sandwich attacks on the Ethereum network. Research from Cointelegraph indicates these attacks drain roughly $60 million annually from traders, with monthly attack volumes ranging from 60,000 to 90,000 during peak periods.

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Last May, Ethereum creator Vitalik Buterin became a target of this identical bot during a modest DigitalBits token swap. While his monetary loss was negligible, the incident demonstrated that no transaction value is beneath targeting.

Onchain tracking reveals that portions of the stolen cryptocurrency have been routed through Tornado Cash, a privacy-focused mixing protocol.

Community sentiment regarding the incident has been divided. Crypto investor David Gokhshtein commented: “This isn’t something to celebrate; nobody should be cheering… but if this bot has ever sandwiched your trades… I suspect you’re not mourning this development.”

This exploit represents among the most substantial individual losses documented for any MEV bot to date.

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Pudgy Penguins cards hit Target shelves across the U.S.

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Pudgy Penguins cards hit Target shelves across the U.S.

Pudgy Penguins has expanded its physical retail push by bringing Vibes Series 3 trading cards to Target stores across the United States. 

Summary

  • Pudgy Penguins Vibes Series 3 cards are now available at Target stores across the U.S.
  • The rollout gives the NFT-born brand more exposure to collectors outside traditional crypto markets nationwide.
  • Moonbirds characters and new gameplay features aim to broaden appeal for Vibes trading cards online.

The rollout gives the NFT-born brand more shelf space in a mainstream retail channel.

The launch follows earlier Vibes card releases and builds on the project’s push into toys, games and licensed products. The new set adds more gameplay features, original artwork and characters from the Moonbirds collection.

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Cards reach Target shelves

Pudgy Penguins and Vibes TCG said on X that the Vibes Season 3 collection is now available in all Target stores nationwide. The post described the launch as “a new chapter for Pudgy Penguins and Web3.”

The project also shared a VibesChecker tool for buyers to find local Target stock and upload card pulls. The rollout marks the largest retail move so far for the Vibes trading card game.

Vibes is a physical and digital trading card game built around Pudgy Penguins IP. The game lets users collect, trade and compete with penguin characters that have different abilities and rarities.

Brand moves further beyond NFTs

Pudgy Penguins began as an Ethereum NFT collection of 8,888 cartoon penguins in 2021. Since then, the project has tried to turn its characters into a consumer brand through plush toys, cards, games and licensing.

As previously reported by crypto.news, PENGU drew market attention earlier this year as analysts pointed to the strength of the Pudgy Penguins brand beyond short-term NFT trading. The report said the project’s value story had moved beyond the original digital collection.

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The Target rollout fits that same strategy. Instead of relying only on NFT markets, Pudgy Penguins is placing its characters in stores where customers may have little direct contact with crypto.

Vibes adds Moonbirds characters

Vibes Series 3 includes characters from Moonbirds, another known NFT collection. The set follows earlier Vibes releases and adds new card types and gameplay mechanics for returning players.

NFT Calendar reported in May that the third set, called Birb & Pengu, would include 195 new cards. It also said the set would introduce “Fits,” a card type used to upgrade character cards during gameplay.

Orange Cap Games developed Vibes in partnership with Pudgy Penguins. The studio says Vibes is both a physical and digital trading card game based on the Pudgy Penguins brand.

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PENGU remains tied to consumer push

The rollout comes as Pudgy Penguins continues to connect its token, games and consumer products. CoinGecko data showed PENGU trading near $0.0067, with a market cap of about $425 million at the time of review.

The token sits beside the brand rather than replacing its retail push. Buyers of cards at Target may not need to hold PENGU or own a Pudgy Penguins NFT, which gives the brand a different path to reach new users.

Crypto.news also reported that Pudgy World helped lift attention around PENGU earlier in 2026. The project has used games, merchandise and public brand deals to keep the penguin characters visible outside NFT marketplaces.

The Target card rollout adds another retail channel to that plan. It also shows how some NFT projects are testing physical products as a way to stay relevant after the first NFT market boom.

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Caesars, DraftKings, and the ZunaBet Surge

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Pragmatic Play At ZunaBet

Caesars and DraftKings are two names that show up in nearly every US online betting conversation. Both have spent years building strong recognition through major league deals, polished apps, and nonstop ad spend. But the industry is moving, and a fresh group of crypto-first casinos is starting to win over players who want a quicker, more modern experience. ZunaBet, launched in 2026, is one of the names becoming part of that shift.

Here is how Caesars and DraftKings compare today, and where ZunaBet is starting to make its mark as a different kind of platform.


The Two Big Names in US Betting

Caesars has been part of gambling for decades. The brand built its reputation in physical casinos before moving online through Caesars Palace Online Casino and the Caesars Sportsbook. Everything runs on fiat money, with deposits through cards, bank transfers, and PayPal. The Caesars Rewards program ties online play to perks at Caesars resorts, including hotel stays and dining credits.

DraftKings reached the top another way. It started as a daily fantasy sports site before growing into a full sportsbook and online casino. It is now one of the most familiar names in US sports betting, with sharp mobile apps and partnerships across the major leagues. Like Caesars, it works only in dollars and runs under state-by-state licensing.

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Both are reliable picks for players who want a regulated US betting experience. But both also carry the same limits. They only operate in certain states, withdrawals are slower than what crypto sites manage, and their game libraries are smaller compared to global platforms. Their loyalty programs still follow the same tier and points layout that has been around for years.


ZunaBet Joins the Story

ZunaBet is a newer name climbing in player conversations since its 2026 launch. It is owned by Strathvale Group Ltd and operates under an Anjouan gaming license. The biggest gap between ZunaBet and the older brands sits at the foundation. ZunaBet was built around crypto from day one rather than adapted later from a fiat-based system.

Pragmatic Play At ZunaBet
Pragmatic Play At ZunaBet

The casino offers more than 11,000 games from over 60 providers, including big studios like Pragmatic Play, Hacksaw Gaming, Yggdrasil, BGaming, and Evolution. That library easily outpaces what most US-licensed casinos can carry. Slots, table games, and live dealer rooms all sit under one account.

ZunaBet Sports
ZunaBet Sports

A full sportsbook is part of the package too. It covers football, basketball, tennis, NHL, and the other major sports, alongside esports like CS2, Dota 2, League of Legends, and Valorant. Virtual sports and combat sports finish out the menu. That puts ZunaBet in the same hybrid space as DraftKings, but with broader coverage rolled into one platform.


Crypto vs Traditional Models

This is where ZunaBet really separates from the older brands. Caesars and DraftKings only handle dollars. That means bank processing, possible holds, and slower payouts.

ZunaBet supports more than 20 cryptocurrencies, including Bitcoin, Ethereum, USDT across multiple chains, Solana, Dogecoin, Cardano, and XRP. There are no platform fees on transactions, and withdrawals move quickly. For players who already use crypto or just want quicker and cheaper transfers, the upgrade is clear.

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ZunaBet Payments
ZunaBet Payments

Crypto platforms also tend to operate globally instead of being limited to specific states. Players in many regions can use the full casino and sportsbook without the patchwork rules that come with US brands. For a generation that already spends much of its time in digital, crypto-friendly spaces, that fits how they expect any modern platform to work.


Welcome Offers Side by Side

Caesars and DraftKings both run welcome offers, usually built around a deposit match or a risk-free first bet. The exact terms shift by state, and wagering rules can be strict.

ZunaBet offers a welcome package worth up to $5,000 plus 75 free spins, spread across three deposits. The first deposit gets a 100% match up to $2,000 plus 25 spins. The second adds a 50% match up to $1,500 plus 25 spins. The third gives another 100% match up to $1,500 plus 25 spins. Marketed as a 250% bonus over three deposits, it gives new players more chances to explore the platform than a one-shot offer would.

ZunaBet Welcome Bonus
ZunaBet Welcome Bonus

Loyalty Programs Compared

Caesars Rewards is one of the most established loyalty programs in gambling. The link to physical resort perks is a strong draw for players who visit Vegas or Atlantic City. DraftKings Dynasty Rewards lets players earn points to swap for bonuses, free bets, and event access.

Both work, but both follow the same loyalty card formula the industry has used for decades. ZunaBet takes a different approach. Its program runs on a dragon evolution theme with a mascot called Zuno. There are six tiers: Squire at 1% rakeback, Warden at 2%, Champion at 4%, Divine at 5%, Knight at 10%, and Ultimate at 20% rakeback at the top.

ZunaBet VIP
ZunaBet VIP

Players also pick up tier-based free spins up to 1,000 spins, VIP club access, and double wheel spins as they climb. The whole setup feels closer to leveling up in a game than swiping a points card. For players who enjoy that kind of system, it lands harder than a standard VIP program.


Why ZunaBet Is Worth a Closer Look

Caesars and DraftKings still make sense for players who want a familiar, regulated US betting experience. Both brands are strong, and neither is going to lose its place. But what players want from these sites is changing fast. Quick payouts, deeper libraries, and more engaging rewards are turning into baseline expectations rather than nice extras.

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ZunaBet is built around that baseline. The crypto-first foundation means fast payments and low fees. The game library outpaces what most established brands carry. The sportsbook covers traditional sports and esports together. The dragon loyalty program turns regular play into a journey with clear rewards at every step.

For players who want speed, variety, and a more modern feel, ZunaBet is one of the most exciting options on the market right now. It is still an emerging platform, but the direction is clear. A new generation of players expects crypto support, gamified rewards, and global access as standard features, not extras layered on top.

Caesars and DraftKings shaped what online betting looks like today. ZunaBet is one of the platforms shaping what comes next.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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LAB Nears Top 20 Alts After 25% Surge, BTC Price Taps $64K: Weekend Watch

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Bitcoin’s gradual price recovery since the Friday dip below $62,400 continues as the asset added two grand from that local low to $64,400 over the past several hours before it lost some traction.

Most altcoins have been quite sluggish over the past 24 hours. XMR and NEAR are among the few exceptions in the green, while ONDO has dropped by over 3.5%.

BTC Reclaims $64K

June began on a highly negative foot, with bitcoin slumping from $73,000 to $59,100 in just five days. The bulls finally stepped up after this calamity and didn’t allow another breakdown. The subsequent bounce-off drove BTC to $64,000 by the start of the next business week, but the actual breakout attempt arrived last Sunday and Monday.

At the time, US President Donald Trump announced a deal with Iran, which was supposed to be signed by June 19. BTC reacted with an immediate uptick to $67,200 on Monday, which became its highest price tag in two weeks. However, it faced another rejection, which was exacerbated after the FOMC meeting on Wednesday, and it dipped below $62,400 by Friday.

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The promised deal is yet to be signed, which could be among the reasons behind the market-wide weakness. Nevertheless, bitcoin still managed to regain some traction and tapped $64,400 earlier today. Although it was stopped there, it still trades above $64,000 at press time.

Its market cap remains above $1.285 trillion on CG, while its dominance over the alts is still north of 56%.

BTCUSD June 21. Source: TradingView
BTCUSD June 21. Source: TradingView

LAB Nears Top 20

As mentioned above, there’s little volatility from the larger-cap alts today. Ethereum stands still at $1,730, BNB is at $590, and XPR is just inches below $0.15. Solana, despite some major token deposits to exchanges, is up by over 2% to $73. TRX, CC, and XMR are also in the green, while HYPE and XLM have lost some traction.

NEAR has risen by 3.5% to $2.24, while ONDO is below $0.34 after a 3.2% decline. LAB is today’s top performer once again, surging by over 25%. It now trades well above $15 after a 230% monthly rise, and it’s close to the top 20 alts by market cap. AERO follows suit in terms of daily gains, as an 11% pump has helped it enter the top 100 alts.

The total crypto market cap has tapped $2.290 trillion on CG after another minor increase on a daily scale.

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Cryptocurrency Market Overview June 21. Source: QuantifyCrypto
Cryptocurrency Market Overview June 21. Source: QuantifyCrypto

The post LAB Nears Top 20 Alts After 25% Surge, BTC Price Taps $64K: Weekend Watch appeared first on CryptoPotato.

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