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On June 23rd, Phison Electronics CEO K.S. Pua recently stated that the current NAND Flash market continues to face tight supply, with the shortage showing no end in sight. He anticipates that the supp

Phison CEO: NAND Flash Shortage Irreversible, Orders Booked Until Q2 2027

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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeTrusted Editorial content, reviewed by leading industry experts an

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BTC Prophet: 20-Day 380 Million HTX Challenge

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One of Ethereum’s most notorious MEV bots, known as JaredFromSubway, has reportedly been drained for around $7.5 million after attacker-controlled contracts tricked its automated system into granting token approvals.TL;DR
The JaredFromSubway MEV bot was reportedly drained for about $7.5 million.
Security firm Blockaid said the bot was tricked into approving malicious trading routes.
The attacker then used those approvals to pull assets from the bot contract.
The incident appears to target the bot’s own automation, not Ethereum itself.
CoinDesk reported that Blockaid identified the exploit, saying attacker-controlled contracts tricked the bot into approving fake trading routes. Those approvals were later used to drain WETH, USDC and USDT from the bot’s contract. The incident has drawn attention because JaredFromSubway has long been associated with aggressive sandwich trading on Ethereum.








The irony is hard to miss. MEV bots are built to exploit tiny timing and routing advantages in on-chain markets. In this case, the bot’s own automation appears to have become the weakness. Instead of extracting value from other users, it was manipulated into approving contracts that later drained its balances.What HappenedThe reported exploit was not a hack of Ethereum’s base protocol. It was also not a broad failure of a major DeFi application used by ordinary depositors. The target was a specific MEV bot and the logic it used to interact with contracts during automated trading.That distinction matters. MEV infrastructure moves quickly and often relies on highly automated decision-making. If that automation can be tricked into approving the wrong contract, the risk can be severe because transactions execute with little human review.








Trusted Editorial content, reviewed by leading ind

$GAS 🎯 Proposed Signal Setup (Swing Plan) 🟢 Option A: The Oversold Support Long (Accumulation Play) Entry Zone: $1.05 – $1.10 (Buying closer to the horizontal floor range) Targets: TP1: $1.18 (Immedia

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Storj Token ( $STORJ ) shows a bullish push above the 20‑day moving average after a confirmed order block breakout. The volume spikes signal institutional encroachment, underpinning strong upside pote

$BTC There we go. Both of the big clusters taken out and it's only Tuesday. $65K did indeed not end up holding which quickly moved this down to grab the liquidity below $62K. Quite the sell off across

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeIn the days before a key Senate vote, the American Bankers Associa

In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries.






Summary






Banks are fighting the CLARITY Act mainly over stablecoin yield, not the whole bill.



Yield-bearing stablecoins threaten bank deposits by offering a dollar-like product with income.



The Tillis-Alsobrooks compromise tries to block passive yield while preserving activity-based rewards.



The fight shows crypto has become a direct competitor to traditional finance.








In the days leading up to a pivotal Senate Banking Committee vote on the CLARITY Act, the American Bankers Association mounted an extraordinary lobbying blitz, sending more than 8,000 letters to Senate offices in less than a week. The target was not the bill as a whole, much of which the banking industry can live with, but a single provision: the rules governing whether stablecoins can pay yield to the people who hold them.



To an outsider, it might seem strange that the banking industry would care so intensely about one technical clause in a crypto bill, or fight a piece of digital-asset legislation at all. But the fight is not really about crypto in the abstract.



It is about a direct competitive threat that yield-bearing stablecoins pose to the core business of banking, the gathering of deposits, and understanding that threat explains why banks have thrown their lobbying weight at a few sentences in a crypto bill.




JUST IN: Coinbase Chief Policy Officer says Clarity Act is very close to getting done. Every big bank including JPMorgan wants to get into crypto pic.twitter.com/EpAVI8kZwL— crypto.news (@cryptodotnews) June 2, 2

In the days before a key Senate vote, the American

It’s time to unlock the full potential of crypto trading with the flagship product of the ecosystem — UTrading. Before getting started, it’s important to choose the right license and bot on the platfo

$COW IS SHOWING PATTERNS OF INCREASED MARKET MAKER ACTIVITY 📈 The recent transfer of 4.31 million $COW to Wintermute follows a consistent two-month cycle we have seen from this team before. Historical

On June 23, the Ethereum Foundation (EF) announced the completion of an organizational restructuring. This adjustment is the final stage of a months-long reorganization process and part of the impleme

Ethereum Foundation Announces Restructuring and 20% Staff Reduction

2026 World Cup Posting Challenge on HTX Square

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeBritish Prime Minister Keir Starmer is reportedly weighing his pol

British Prime Minister Keir Starmer is reportedly weighing his political future following Andy Burnham’s commanding parliamentary election victory, a result that has intensified calls within the Labour Party for a leadership change.According to sources familiar with the situation, Starmer spent the weekend discussing his position with family members and close allies as pressure mounted from Labour lawmakers and ministers. A key conversation with Burnham, the former Greater Manchester mayor, is expected to play a significant role in determining whether Starmer remains in office or steps aside.Burnham’s decisive win in Makerfield, where he defeated the populist Reform UK party, has strengthened his standing within Labour and prompted renewed speculation about a potential leadership contest. Several Labour MPs and ministers are reportedly urging Starmer to establish a timetable for his departure, believing it would allow for a smoother transition and prevent a divisive internal battle.The debate comes amid declining approval ratings for Starmer. Labour’s disappointing performance in May’s local elections further exposed voter dissatisfaction, while recent surveys suggest Burnham would be favored by party members in a formal leadership race.Adding to the pressure, U.S. President Donald Trump publicly predicted on Truth Social that Starmer would resign as UK prime minister, criticizing his handling of immigration and North Sea oil production policies.Reports also suggest Foreign Secretary Yvette Cooper privately encouraged Starmer to consider stepping down, although her office has not commented on the claims. Meanwhile, Business Secretary Peter Kyle acknowledged the political challenges facing the prime minister, describing Starmer as deeply reflective about what the country expects from him.Despite growing calls for change, Starmer 

British Prime Minister Keir Starmer is reportedly

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