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6/20
22:05
Svmuu News: Crypto analyst Murphy posted that Strategy is not currently facing a preferred stock repayment crisis. He believes that for the price of Bitcoin to breach the Strategy preferred stock tier, it would need to fall to $26,000; to breach the debt tier, it would need to fall to $8,000. Murphy pointed out that SATA, a comparable product, has remained above $99 this week, while STRC has become unpegged, indicating that the current market selling pressure is directed more at Strategy itself rather than at any design flaws in the product.He believes this resembles a repricing of leverage and credit, as well as a liquidity crunch triggered by the depletion of cash reserves and the amplification of the first sell-off signals, rather than a liquidation crisis. Murphy stated that Strategy is still a long way from forced liquidation; it is merely that its “flywheel model” has temporarily stalled at current price levels.Bitcoin’s future price trajectory will determine whether this is a mid-cycle correction or the beginning of deeper risks.He believes that equating STRC’s de-pegging with UST’s de-pegging and the LUNA crash during the previous cycle is a clear case of overinterpretation. If the price of Bitcoin rebounds and equity ATM financing resumes, Strategy is expected to replenish its cash reserves and restart its capital operations model.
21:30
1: “The White-Haired Stock Guru” Serenity Responds to Criticism: The market is the ultimate arbiter of right and wrong, not angry comments on social media; 2: Well-known MEV bot Jaredfromsubway.eth suffers a reverse attack, losing over $7.5 million; 3: South Korea’s preliminary memory chip exports for the first 20 days of June saw significant year-over-year growth, with SSD exports up 405% year-over-year; 4: U.S. media: The war in Iran is draining the Pentagon’s funds and may push defense spending to $80 billion; 5: Co-founder of Tether: Stablecoins are entering the 2.0 era; in the future, users should share in reserve returns; 6: Reviewing STRC’s Drop Below $100: Strategy Bitcoin’s capital model faces a stress test; 7: Hyperliquid: All USDH-denominated markets on HyperCore have completed settlement; 8: Author of *Rich Dad Poor Dad*: Gold, BTC, and ETH may see upside opportunities; 9: Axelar Responds to Security Incident: Axelar and IBC Remain Unaffected; Vulnerability Stemmed from “Infinite Minting” Issue in Third-Party Token Contract; 10: Galaxy Research Director: Tokenized Stocks Are Primarily Categorized into Issuer-Backed and Third-Party-Backed Types.
21:27
Svmuu News: According to OKX market data, tokens in the blockchain gaming sector have collectively strengthened over the past 24 hours. Among them, AXS rose 23.43% and is currently trading at 1.254 USDT; SAND rose 21.3% and is currently trading at 0.063 USDT; and MANA rose 20.56% and is currently trading at 0.081 USDT.
21:11
Svmuu News: U.S. media reports indicate that the ongoing military operations against Iran are placing significant strain on the U.S. defense budget and ammunition stockpiles. According to The Wall Street Journal, citing sources familiar with the matter, internal estimates by the U.S. Department of Defense suggest that the war and related expenditures may have approached or reached $80 billion. The report warns that if spending continues to rise, the Pentagon could face a shortfall in operating funds this summer, requiring Congress to approve emergency supplemental funding. The report notes that this funding shortfall has not yet been formalized into a budget request but has been raised in communications between senior Department of Defense officials and Congress. A former Department of Defense financial official stated that early estimates were approximately $29 billion, but the actual cost may be far higher than that. Meanwhile, the conflict has also been cited as significantly depleting key U.S. ammunition stocks, including THAAD and Patriot interceptor missiles. Analyses by multiple research institutions indicate that the U.S. has consumed a significant proportion of these stocks, with replenishment cycles for some models taking as long as several years, raising concerns about the defense industry’s supply capabilities. Furthermore, the new round of the National Defense Authorization Act currently being advanced by Congress is expected to total more than $1 trillion, including billions of dollars in appropriations for Israeli defense systems and cooperative projects, sparking ongoing discussions about the structure of U.S. global military spending and the allocation of resources.
21:05
Svmuu News: According to PeckShieldAlert’s monitoring, the attacker behind the MEV bot “JaredFromSubway” stole a total of 1,474.58 WETH, 2.87 million USDC, and 2 million USDT. The attacker subsequently converted a portion of the assets into 4,400 ETH and has transferred 1,000 ETH of that amount to Tornado Cash. Previously, JaredFromSubway was targeted by an “anti-MEV honeypot attack,” resulting in the theft of approximately $7.5 million in assets.
21:05
Svmuu News: Citrini analyst jukan posted on X that preliminary South Korean export data for June 1–20 showed that DRAM (including modules) rose 342% year-over-year and 3% month-over-month; NAND flash memory rose 336% year-over-year and 28% month-over-month; MCP (HBM) rose 209% year-over-year and 51% month-over-month; and SSDs rose 405% year-over-year and 25% month-over-month.
20:55
Svmuu News: Jaredfromsubway.eth, a well-known MEV bot that has long been active on the Ethereum network, was targeted by hackers who exploited a vulnerability in its automation system, resulting in losses of over $7.5 million. Security firm Blockaid stated that this incident was not a traditional phishing attack or a smart contract vulnerability, but rather an “anti-MEV honeypot attack” specifically targeting the decision-making logic of MEV bots.Over the course of several weeks, the attacker deployed 66 fake token contracts and liquidity pools disguised as assets such as WETH, USDC, and USDT, luring the bot into executing seemingly profitable transactions and authorizing the attacker to control auxiliary contracts. Ultimately, the attackers exercised all backdoor permissions in a single transaction, transferring assets such as ETH, USDC, and USDT held in the bot’s address.Data shows that between November 2024 and October 2025, approximately 60,000 to 90,000 sandwich attacks occurred monthly on the Ethereum, with about 70% of them linked to Jaredfromsubway.eth. (Cointelegraph)
20:51
Svmuu News: Cuban Foreign Minister Rodríguez stated on the 20th that, as the perpetrator of collective punishment against the Cuban people, the U.S. government has no political, legal, or moral authority to judge the reform measures taken by Cuba. Rodríguez said on social media that these measures, introduced by Cuba, are based on national sovereignty and the right to self-determination, and are intended to address the impact of “extreme economic pressure.” He added that the U.S. view on how Cuba adapts to new domestic and international realities is “irrelevant.” He stated that Cuba will continue to defend its sovereignty while firmly opposing foreign interference. (Xinhua News Agency)
20:00
Svmuu News: Galaxy’s Head of Research posted on X, stating that tokenized stocks are attracting widespread attention. Aside from Operate, tokenized stocks are broadly divided into two categories: issuer-backed types, such as GLXY; and third-party-backed types, such as Ondo, xStocks, and others. Coinbase has announced the launch of its own version but has not yet explained exactly how it will work.
20:00
Svmuu News: The cross-chain protocol Axelar Network issued a statement noting that there has been a misunderstanding within the community regarding recent security incidents. Neither Axelar Network itself nor the IBC protocol has been attacked or compromised, and the affected token smart contract was not developed, deployed, or maintained by Axelar Network. The exploited contract is a forked version based on the CW20-ICS20 implementation. The developers removed two core security checks, leading to an infinite minting vulnerability. This fork eliminated the validation mechanisms originally designed to prevent such issues, altered the contract’s original trust model, and was not subjected to a new security audit.
11:50
Svmuu News: The cross-chain protocol Axelar Network issued a statement regarding the recent security incident involving Secret Network, stating that there are misunderstandings within the community. Neither Axelar nor the Inter-Blockchain Communication Protocol (IBC) was attacked or compromised, and the affected token smart contract was not developed, deployed, or maintained by Axelar. and Axelar’s firewall mechanism prevented the impact from spreading further to other chains. It is reported that the exploited contract was a forked version based on CW20-ICS20, but the developers removed two core security checks, leading to an “infinite mint” vulnerability. By removing the validation mechanisms originally designed to prevent such issues, this fork altered the contract’s original trust model and was not subjected to a new security audit. Axelar Network explained that anyone can deploy contracts for cross-chain asset wrapping via IBC, and similar contracts are also used to wrap tokens from other chains into the Secret Network. However, the Secret side-chain fork involved in this incident was vulnerable due to the removal of critical security checks. This incident was not caused by a specific logical flaw, nor was it an issue with the IBC protocol itself; rather, it stemmed from security risks introduced by modifications made to a third-party contract.
11:48
Svmuu News: According to Hyperbot data, the whale “pension-usdt.eth” has just opened another 3x leveraged ETH short position and is continuing to increase its position. The current position stands at 8,364.3629 ETH, with a value of approximately $14.5 million.
11:18
Svmuu News: Claude Guillemot, co-founder of Ubisoft, has passed away. An official statement reads: “Ubisoft is deeply saddened to learn of the unexpected passing of Claude Guillemot, co-founder of the group and chairman of Guillemot Corp. “At this difficult time, we extend our deepest condolences to his family and loved ones. No further statements will be issued at this time.” It is reported that Claude Guillemot, 69, died Friday in a plane crash in La Baule, a resort town on France’s Atlantic coast, where an airshow was scheduled to take place this weekend. He was one of two passengers aboard the twin-engine Cessna 421 aircraft. Both passengers were killed in the accident. (Sina Finance)
10:46
Svmuu News: According to OKX market data, BTC has broken through 64,000 USDT and is currently trading at 64,004.2 USDT, up 1.13% over the past 24 hours.
10:46
Svmuu News: According to Israeli media, Israeli Prime Minister Netanyahu has ordered a ceasefire in Lebanon. (Jin Shi)
10:37
According to monitoring by the Svmuu Seer channel, in the Polymarket prediction event “CS2 IEM Cologne Major Semifinals: Furia vs. Aurora,” smart money (0x89dd49bf87c41be422927372a0b75c6ab577f662), which has generated over $320,000 in profits, purchased $224,000 worth of Furia to beat Aurora, at an average entry price of 59¢, purchasing 379,751.5 shares. Additionally, this address purchased $25,000 worth of Furia to defeat Aurora on Map 1, at an entry price of 50.6¢, acquiring 49,553.5 shares. The match is currently in the first game, with Furia leading 12–8 on Map 1. The Svmuu Seer channel continuously monitors prediction markets and spots changes before prices are set.
10:26
Svmuu News: The Pakistani Ministry of Foreign Affairs stated that, in accordance with the follow-up arrangements under the U.S.-Iran Memorandum of Understanding, technical-level talks will be held in Switzerland on June 21, 2026. Pakistan and Qatar will participate in the meeting as mediators. (CCTV News)
10:22
Svmuu News: Hyperliquid announced that, as part of the USDH exit plan, all USDH-denominated markets on HyperCore have been settled, and users can immediately dispose of their remaining USDH assets, including: Exchanging USDH for USDC on the HyperCore spot order book, exchanging USDH for USDC on HyperEVM, withdrawing USDH from the Borrow/Lend products, and repaying borrowed USDH by purchasing the USDH/USDC trading pair. Hyperliquid stated that users should promptly complete the relevant asset conversions and settle their lending positions to avoid any impact resulting from the USDH exit process.
10:16
Svmuu News: According to U.S. media reports on the 20th, citing senior U.S. officials, the U.S. military has not yet observed any military movements by Iran indicating a closure of the Strait of Hormuz. (Xinhua News Agency)
10:02
Svmuu News: The Iranian Revolutionary Guard Corps announced that the Strait of Hormuz is closed to all vessels. It warned ships not to approach the Strait of Hormuz, or their safety would be at risk, citing Israel’s operations in Lebanon and the U.S. violation of its ceasefire commitments as the reasons for the closure. (Jin Shi)

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