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Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger HTX Creation Challenge — Post and Win 1,500U 💥World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger


HTX  Creation Challenge — Post and Win 1,500U 💥

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs


Former bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).

The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8's all-stock merger with USBTC, which closed in November 2023.

Investors alleged the company, which now focuses on AI data centers and high-performance computing, overstated the transaction's benefits while failing to disclose persistent energy curtailment and internet connectivity issues at King Mountain, a Texas bitcoin mining joint venture in which USBTC held a 50% interest.

The litigation gained momentum after short seller J Capital Research published a critical report in January 2024, prompting a slide of more than 23% in Hut 8's share price.

According to a court filing, the $2.35 million recovery represents roughly 19.6% of the estimated maximum recoverable damages, exceeding the 12.9% median and 14.6% average recovery rates for Securities Act-only settlements in 2025.

Hut 8 to pay $2.35 million to settle investor suit

US Politician Ro Khanna has reportedly made close to 5,000% profit by investing in SanDisk stock (NASDAQ: SNDK) over the past year. A disclosure indicates that the US Representative from California’s 

Politician Ro Khanna Makes Nearly 5,000% Profit in SanDisk Stock (SNDK)

In simple terms, @DIAdata_org is trying to solve a trust problem in DeFi. Most people think oracles just provide token prices, but the bigger opportunity is pricing assets that don't trade actively. T

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryEthereum Q1 2026: Insights From Etherealize Report Ethereum is seeing strong network gr

2026 World Cup Posting Challenge on HTX Square

Ethereum Q1 2026: Insights From Etherealize Report

Ethereum is seeing strong network growth, and a new Etherealize breakdown of Token Terminal's Ethereum Q1 2026 performance report explains why. Even though lower fees might look negative at first, they're actually part of Ethereum's plan to make the network cheaper and easier to use.

That strategy seems to be working. Over the past year, monthly active users jumped 85.9%, transactions rose 81.5%, and network throughput increased 81.7%, showing much higher overall activity. And the growth isn't slowing down.

The upcoming Glamsterdam upgrade is expected to more than triple the gas limit, while Ethereum's long-term roadmap aims for 10,000 TPS and faster finality by 2029.

Ethereum Q1 2026 Performance Metrics Ethereum's user base remained one of the largest in crypto despite a broader market slowdown.

Total Value Locked (TVL): $316.2 billion (-11% QoQ, +22.8% YoY)

Active Loans: $21.8 billion (-16.6% QoQ, +39% YoY) Trading Volume: $134.5 billion (-24% QoQ) Ecosystem Fees: $2 billion (-16.9% QoQ) Tokenized Asset Market Cap: $203.4 billion (+42.9%

YoY)

Stablecoins: $178.9 billion

Tokenized Funds: $19.4 billion (+73.1% YoY) Tokenized Commodities: $4.7 billion (+325.9% YoY) Record User Growth on Ethereum One of the biggest highlights was user activity

Ethereum Q1 2026: Insights From Etherealize Report

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeENA adoption reached new highs as active addresses climbed above 5

BTC Prophet: 20-Day 380 Million HTX Challenge

ENA adoption reached new highs as active addresses climbed above 5,000 during a single day.

Nearly 3,000 new wallets joined the network, marking Ethena's strongest onboarding period.

USDe growth and governance initiatives continue driving engagement across the expanding ecosystem.

ENA Adoption gained momentum after Ethena recorded unprecedented on-chain activity levels. New network data showed rising user participation and wallet creation, while market attention remained focused on expanding ecosystem developments.

Active Address Growth Reaches New Milestone

A post from SantimentData detailed a sharp increase in Ethena network activity. The update focused on Daily Active Addresses and Network Growth metrics. Both indicators recorded rare levels of expansion during June.

Source: X

Daily Active Addresses reached 5,057 on June 18. That represented the highest reading since November 2025. Activity accelerated well beyond previous spikes observed this year.

The metric tracks direct interaction across the protocol ecosystem. Users may transact, stake, transfer assets, or access services. Rising activity generally reflects broader participation across network applications.

Throughout previous months, address growth remained relatively stable. However, the latest surge changed that trend noticeably. The increase placed Ethena among closely watched DeFi protocols.

New Wallet Creation Signals User Expansion

Network Growth recorded another major development during the same period. Data showed 2,968 newly created ENA wallets on June 18. That marked the strongest wallet creation event since launch.

New wallet activity often reflects fresh user onboarding. Existing holders alone cannot generate this type of growth. As a result, analysts frequently monitor the metric closely.

The simultaneous increase across both measurements attr

ENA adoption reached new highs as active addresses

ZRX chatter is bullish but quiet. On Jun 4, 0x announced its Cross-Chain API is now generally available, enabling one integration for cross-chain swaps, payments and RWAs. Community focus: stronger DE

2026 World Cup Posting Challenge on HTX SquareWorld Cup Predictions: 100,000 USDT DailyHTX Creation Challenge — Post and Win 1,500U 💥Besides accumulating ETH, Bitmine has also staked 4,718,677 ETH val

Besides accumulating ETH, Bitmine has also staked 4,718,677 ETH valued at $8.2 billion.



Last week, Tom Lee’s Bitmine purchased an additional 52,203 Ethereum [ETH] for $92 million as the market struggled to pick up pace. With this, Bitmine now has 5,672,956 ETH, valued at $10 billion. 

For context, Ethereum’s price was in the bear market, trading at $1,689.19 at press time following a 2.51% decline over the previous day. The spot ETH ETF, meanwhile, has been experiencing a run of outflows, with $66.1 million recorded on the 22nd of June.

In addition to amassing ETH, Bitmine also has 4,718,677 ETH staked in total, valued at $8.2 billion at an average price of $1,733 per ETH.  This raises the question of why Bitmine is adding ETH despite weak market momentum. 




4.48 Can Bitmine’s $10B ETH strategy pay off as E

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeBitcoin Rose Yesterday, Fell Today! What’s the Reason for the Drop

Bitcoin Rose Yesterday, Fell Today! What’s the Reason for the Drop? What Can Be Expected for the BTC Price Next? Two Analysis Companies Reveal!The declines seen in US stocks yesterday were first reflected in Asian markets this morning. Chip manufacturers, in particular, experienced sharp sell-offs, and these declines caused Bitcoin to fall to $62,000 and gold to drop to $4,100 per ounce.

While Bitcoin remains above the $62,000 level, analysis firm QCP Capital predicts that BTC and the cryptocurrency market will continue to move within a certain range.

QCP Capital analysts stated that Bitcoin’s recent rise above $65,000 was due to Strategy’s additional Bitcoin purchases. Yesterday, Strategy bought another 520 Bitcoin, increasing its cash reserves by $300 million to $1.4 billion.

However, it was noted that liquidity concerns have eased as the timeframe for Strategy to raise funds for dividend payments has been extended to approximately 10 months.

Nevertheless, the overall outlook for risky assets like Bitcoin remains mixed. Therefore, Bitcoin and the cryptocurrency market are expected to continue trading sideways for now.

According to QCP, ongoing macroeconomic uncertainties, such as tensions between the US and Iran, continuing market concerns regarding MicroStrategy’s STRC perpetual preferred stock issuance, and the hawkish stance of the new Fed Chairman Kevin Warsh, are negatively impacting investor sentiment.

Finally, the firm analyzed that Bitcoin needs a combination of positive macroeconomic headwinds and a catalyst from within the crypto market to break out of its boring sideways trend and begin to rise.

Aside from QCP Capital, BIT (formerly Matrixport) stated that macroeconomic factors, not the rise in AI stocks, triggered the Bitcoin correction.

In its latest report, BIT argued that the recent correction in Bitcoin

Bitcoin Rose Yesterday, Fell Today! What’s the Rea

Token Verification Key ( $TVK ) Basis ( $FIO ) Ark Block ( $ARKM ) The order block around the recent dip in Basis is solid, signaling strong support as volume spiked. Ark Block’s recent liquidity push

On Jun 2026, BounceBit’s blog said “onchain yield” is becoming core capital infrastructure; in May 2026 it published posts on stablecoin/tokenized treasury flows and CeDeFi. Square mood is mixed/neutr

This is what a complete bear takeover looks like! 📉🚨 $ZK {future}(ZKUSDT) is tumbling down by -9.52%, and an overwhelming 96.66% of short whales are highly profitable right now! They have pulled out over +$392,000 in unrealized gains from the market, while long buyers are left with just an 8.69% profitability rate. Stay on the safe side of the trend! 🐋💪

This is what a complete bear takeover looks like! 📉🚨 <br />$ZK <br />{future}(ZKUSDT)<br /> is tumbling down by -9.52%, and an overwhelming 96.66% of short whales are highly profitable right now! They have pulled out over +$392,000 in unrealized gains from the market, while long buyers are left with just an 8.69% profitability rate. Stay on the safe side of the trend! 🐋💪

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