Focuses on market developments across Bitcoin, Ethereum, and major digital assets, covering public blockchain ecosystems, DeFi, stablecoins, institutional participation, regulatory policies, and industry innovation to help readers understand key trends and shifts in the global cryptocurrency market.

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Kalshi Crypto Reports $180M Long Liquidations on June 18 Amid Bitcoin Volatility

Price Volatility

Prediction Market

According to Kalshi Crypto, $180 million in crypto long positions were liquidated in one hour on June 18. The liquidation event demonstrates how quickly leverage can unwind when Bitcoin loses key support levels. When long traders are forced out, exchanges automatically sell collateral,

BTC-1.85%

GateNews·06-22 11:37

Kalshi Crypto Reports $180M Long Liquidations on June 18 Amid Bitcoin Volatility

Three Crypto Industry Groups Urge Congress to Back Mining and Staking Tax Clarity Act H.R. 9175

Regulation & Policy

According to Foresight News, Blockchain Association, Crypto Council for Innovation, and The Digital Chamber jointly urged the U.S. House Ways and Means Committee to support H.R. 9175, The Tax Clarity for Mining and Staking Act, as proposed by Representative Mike Carey. The organizations called for t

GateNews·06-22 11:21

Three Crypto Industry Groups Urge Congress to Back Mining and Staking Tax Clarity Act H.R. 9175

Crypto Hackers Steal $755M in Q2 2026, Most-Attacked Quarter on Record With 83 Incidents

Security Incidents

Crypto hackers stole $755 million across 83 cybersecurity incidents in Q2 2026, marking the most-hacked quarter on record. Cross-chain bridges remained the most costly attack vector for the crypto industry.

GateNews·06-22 11:13

Crypto Hackers Steal $755M in Q2 2026, Most-Attacked Quarter on Record With 83 Incidents

Japan Arrests Senior Prince Group Figure on False Residency Charges

Enforcement Actions

Security Incidents

Japanese authorities arrested Hu Xiaowei, also known as Hu Shi, a 44-year-old Cypriot national identified as a senior figure in the Cambodia-based Prince Group. Tokyo Metropolitan Police detained Hu on allegations of submitting false residency registration documents in Tokyo's Chuo Ward in

EthanBrooks·06-22 11:13

Japan Arrests Senior Prince Group Figure on False Residency Charges

Polymarket Paid Creators $2K-3K Monthly to Film $1.9M in Fake Bets: WSJ

Enforcement Actions

Prediction Market

Security Incidents

According to a Wall Street Journal investigation published on June 21, Polymarket paid dozens of mostly college-age creators to film fake bets on near-identical copies of its website. A WSJ review of 1,105 videos from 10 creators found that none of the roughly $1.9 million in wagers shown were

POLYMARKET4.73%

GateNews·06-22 10:56

Polymarket Paid Creators $2K-3K Monthly to Film $1.9M in Fake Bets: WSJ

Hashflare Fraud Case: 10,600 ETH Transferred After 3.5 Years of Dormancy, Suspected Laundering Begins

Enforcement Actions

Security Incidents

According to blockchain analyst ZachXBT, an address linked to the $575 million Hashflare investment fraud transferred 10,600 ETH (approximately $18.5 million) about 3 hours ago after remaining inactive for 3.5 years. The funds were then bridged from Ethereum to Bitcoin via HiFiSwap and Near

ETH-1.05%

BTC-1.77%

GateNews·06-22 10:56

Hashflare Fraud Case: 10,600 ETH Transferred After 3.5 Years of Dormancy, Suspected Laundering Begins

Bank of Korea Expands Deposit Token Project; Toss Bank Partners with Solana on June 22

Partnerships & Ecosystem

According to briefing materials submitted by the Korea Federation of Banks, the Bank of Korea is advancing its deposit token initiative toward full-scale deployment on June 22, expanding beyond last year's pilot payment functionality test. The second phase will introduce person-to-person

SOL-0.54%

GateNews·06-22 10:53

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Kalshi Crypto Reports $180M Long Liquidations on June 18 Amid Bitcoin Volatility

Three Crypto Industry Groups Urge Congress to Back Mining and Staking Tax Clarity Act H.R. 9175

Crypto Hackers Steal $755M in Q2 2026, Most-Attacked Quarter on Record With 83 Incidents

Japan Arrests Senior Prince Group Figure on False Residency Charges

Polymarket Paid Creators $2K-3K Monthly to Film $1.9M in Fake Bets: WSJ

Hashflare Fraud Case: 10,600 ETH Transferred After 3.5 Years of Dormancy, Suspected Laundering Begins

Bank of Korea Expands Deposit Token Project; Toss Bank Partners with Solana on June 22