Humanity Protocol said a targeted phishing incident led to stolen director keys that were used in the June 8 $H token exploit, with the BNB Chain deployment now considered permanently compromised. The attacker allegedly upgraded contracts, moved about 141.18 million $H on Ethereum, minted additional tokens on BNB Smart Chain, and sold them via Uniswap and PancakeSwap over roughly eight hours. The project said the Ethereum contract was frozen using a clean multisig, while the canonical Humanity Mainnet bridge was not impacted.

On June 12, several crypto trading platforms reported allocation disruptions tied to SpaceX IPO-themed offerings as retail demand surged. Binance and Bybit said they canceled or refunded parts of their campaigns after they were unable to secure enough underlying shares, while some Robinhood users also reported partial fills.

A U.S. appeals court affirmed Sam Bankman-Fried's fraud conviction and rejected his claim that FTX customers could have been made whole if Alameda Research's investments kept rising. In a June 12 decision, the Second Circuit upheld the seven-count verdict, a 25-year prison sentence, and an approximately $11 billion forfeiture order tied to FTX's collapse.

Visa introduced new AI-commerce and stablecoin infrastructure offerings at the Visa Payments Forum 2026, including identity tools for AI agents and a partnership with OpenAI to enable payments inside AI-driven experiences. The company said stablecoin settlement processed through VisaNet reached an annualized run rate of roughly $7 billion as of March 2026, alongside plans to broaden seven-day settlement and support tokenized bank deposits.

Zcash developers are advancing an Ironwood shielded pool that would make circulating-supply accounting publicly auditable while keeping privacy features, after the Orchard flaw disclosure on June 5 and a follow-up proposal on June 6. Scrutiny returned on June 11 when Arkham flagged a large Orchard withdrawal and noted the pool still holds about 3.88 million ZEC (roughly $1.65 billion), even though shielded balances cannot be independently verified.

Botanix said it will close its Bitcoin layer-2 network, arguing that current market demand for Bitcoin-native DeFi is not large enough to support a standalone ecosystem. Users are asked to withdraw Bitcoin and other assets before July 9, 2026, when the federation plans to sweep remaining funds. The team said the tech performed as designed, but user preference leaned toward wrapped Bitcoin and larger, cheaper ecosystems.

On June 10, the U.S. Commodity Futures Trading Commission proposed a framework to evaluate prediction-market event contracts, indicating sports-related contracts may keep operating under federal supervision instead of being broadly banned. The plan sets a 90-day, contract-by-contract review and revises key terms such as "gaming", as the agency reported prediction-market trading volume topped $25 billion in 2025.

U.S. inflation picked up in May, with headline CPI rising 0.5% month over month and 4.2% year over year, as energy remained a key driver. The hotter reading adds friction to expectations for near-term Federal Reserve rate cuts, keeping Bitcoin traders focused on how interest-rate prospects may shape risk assets.

New York's Department of Financial Services has proposed a broad stablecoin regulatory framework aimed at aligning state oversight with federal standards under the GENIUS Act. The plan would tighten reserve, liquidity, cybersecurity, and operational requirements, and would require issuers to redeem customer funds within two business days. It also reiterates restrictions that bar interest-bearing stablecoins and outlines a one-year transition period once the GENIUS Act formally takes effect.