BTC falls below the $105000 mark

According to Foresight News, ALEX, a DeFi protocol based on Stacks, reported that due to a self listing verification logic vulnerability, attackers extracted funds from multiple asset pools, resulting in a total loss of approximately $8.37 million. The specific losses are: STX loss of 8.4 million STX (approximately 5.69 million US dollars), sBTC loss of 21.85 sBTC (approximately 2.24 million US dollars), USDC/USDT loss of 149850 (approximately 149800 US dollars), WBTC/BTC loss of 2.80 WBTC (approximately 287400 US dollars). The ALEX Lab Foundation will use the national treasury to fully compensate each affected user for their losses, and the compensation will be paid in USDC. The compensation calculation will be based on the average on chain exchange rate between 18:00 and 22:00 on June 6, 2025. The affected wallet addresses will receive a private notification, including a claim form, before 7:59 am on June 9, 2025. The claim form must be submitted before 7:59 UTC on June 11, 2025, to confirm the receiving wallet address. After confirmation, the compensated USDC will be sent within 7 working days.

According to BlockBeats, on June 7th, the monthly transaction volume of Hyperliquid's perpetual contracts reached a historic high, with May's perpetual contract transaction volume exceeding $248 billion, a month on month increase of 51.5%. In contrast, the perpetual contract trading volume facilitated by Hyperliquid in May 2024 was only $26.3 billion, a year-on-year increase of 843%. 、 In addition, the ratio of monthly contract trading volume between Hyperliquid and centralized trading platform Binance has reached a historic high of 10.54%, surpassing the historical high of 9.76% in April.

According to Cointelegraph, ETF issuers VanEck, 21Shares, and Canary Capital have sent a letter to the US SEC urging the restoration of the "first come, first served" principle and approval of ETF applications in the order they are submitted to regulatory agencies. These companies argue that the SEC's failure to comply with the "first to file principle" (i.e. the default application approval process before the listing of cryptocurrency ETFs) has weakened healthy competition and hindered financial innovation.

According to BlockBeats, on June 7th, according to Lookonchain monitoring, a total of 95.36 million ENAs worth approximately $28.4 million have been deposited into Binance by six wallet addresses in the past 20 hours, all of which were received from the Ethena Proxy wallet.

Jeff Dorman, Chief Investment Officer of Arca, tweeted that Arca has sold all of its Circle (CRCL) shares. Previously, Arca criticized Circle's IPO placement for being too low and stated that it will switch to USDT.