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World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksTradFi Trading Strategies Sharing ChallengeHut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

TradFi Trading Strategies Sharing Challenge

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


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.

As part of the agreement, Hut 8 denies any wrongdoing or liability. Hut 8 shares have gained more than 640% over the past year.

Bitcoin Mining

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Hut 8 to pay $2.35 million to settle investor suit

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksHTXCommunity4thAnniversary Crypto News, June 22: Jared from Subway Big Exploit and Its Legal Battle, UK Advance

Crypto News, June 22: Jared from Subway Big Exploit and Its Legal Battle, UK Advances Stablecoin Regulations, Polymarket Accused of Fake Betting

Crypto markets woke up to pure chaos this Monday, and the Jared from Subway exploit, advancing UK stablecoin regulation, and Polymarket allegations are among the biggest crypto news stories dominating every feed. The hunter has become the hunted, regulators finally admitted they overreached, and one prediction market alleged for staging its own success.

Fresh developments are still landing this morning, and the biggest story rocking on-chain right now involves the infamous Jared from Subway MEV bot. After years of sandwiching traders and raking in millions, the bot got drained for $15 million over the weekend.

What’s interesting is that the attacker didn’t hack any smart contract code; it simply tricked the bot’s automated logic with fake tokens and liquidity pools that appeared to be profitable MEV opportunities. Once the approvals were granted, the funds in WETH, USDC, and USDT disappeared in a classic counter-MEV honeypot play.

Just this morning, Jared from Subway dropped an on-chain message offering a 50% white-hat bounty if the attacker returns 2,150 ETH within 48 hours. Otherwise, they threatened to pursue every legal and law enforcement remedy available.

Now, can Jared from Subway actually pursue this in court? Sandwich attacks sit in a legal gray zone because they exploit public mempool data. That’s why Jared from Subway was able to operate so openly for years. The extractor’s move, however, looks more like fraud, using deceptive contracts to trick the bot into granting approvals it would never have given.

The bounty-plus-legal-threat approach makes practical sense with permanent on-chain evidence, and if the attacker tries to cash out on centralized exchanges, KYC could eventually link iden

Crypto News, June 22: Jared from Subway Big Exploi

ZEROBASE Weekly 6.15-6.21 ZBT traded steadily in the $0.11–$0.13 range throughout the week, holding up well relative to the wider crypto sector’s fluctuations while maintaining solid liquidity conditi

TradFi Trading Strategies Sharing ChallengeBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Invites You to Share 600K USDT in Gift PacksBitcoin Rose Yesterday, Fell Today! What’s the Reason for the Dr

BTC Prophet: 20-Day 380 Million HTX Challenge

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 Bitco

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

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 MoneyGram Becomes Solana Validator in Blockchain Push MoneyGram has

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

MoneyGram Becomes Solana Validator in Blockchain Push
MoneyGram has joined the Solana blockchain as a validator, expanding its stablecoin and blockchain payments strategy across three networks.
MoneyGram has become a validator on theSolana (SOL) blockchain, the company said Monday. The move marks its entry into the Solana ecosystem and makes Solana the third network where MoneyGram runs an official validator, joining Tempo and the Midnight Network.

Operating a validator lets MoneyGram stake SOL tokens, process transaction blocks, and help secure Solana's proof-of-stake network. The company also joined the Solana Developer Platform, which gives it access to tools for building financial products on Solana alongside other institutions, including Mastercard.
MoneyGram CEO and Chairman Anthony Soohoo said institutions that rely on blockchain infrastructure should also help maintain it. "By becoming a validator, MoneyGram contributes to the long-term strength of the ecosystem," he said.

Soohoo said the company has spent more than five years building real-world payment products using blockchain and stablecoins. He described blockchain as a tool for making money movement faster and more accessible, rather than a goal in itself.




MoneyGram Becomes Solana Validator in Blockchain

World Cup Predictions: 100,000 USDT DailyTradFi Trading Strategies Sharing ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Can Bitmine’s $10B ETH strategy pay off as Ethereum prices stay weakLa

Can Bitmine’s $10B ETH strategy pay off as Ethereum prices stay weakLast 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. company’s intention to keep building up at a steady pace through 2026. He believes the market is currently in the early stages of a fresh bullish cycle, which he called the “crypto spring.”These could be the cause of Bitmine’s increased Ethereum additions despite ETH’s weak market dynamics. In addition, bullish traders are also holding onto their positions even though Ethereum has dropped about 65% from its peak, suggesting that long sentiment is still strong.

Large liquidity clusters around the $1,900 and $1,600 levels are visible in the liquidity data, indicating that if ETH moves in either direction, a sizable number of leveraged positions may have to close.

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

HTXCommunity4thAnniversary

On June 23, SBI Group received approval from the Financial Services Agency of Japan and plans to issue the yen stablecoin JPYSC within this week, making it the first trust-based stablecoin in Japan. T

SBI Group to Issue First Trust-Based Yen Stablecoin JPYSC

2026 World Cup Posting Challenge on HTX Square

$APT Every Aptos transaction burns $APT and the Mid-June Update saw: - 200.3K APT burned in the last 30 days - 1.2M total APT burned since mainnet - approximately 12M transactions per day this month -

Kaito got VIRUS, After looking into Kaito @KaitoAI “My Socials,” my takeaway is simple: it’s not really a social tool — it’s more like a relationship map. It turns your network into something you can 

I told you to protect your gains at $0.68. Now it's $0.56. Here's what happened. $WLD {future}(WLDUSDT) Let's rewind to three days ago. WLD was $0.68. Whales were still buying. I said — take some prof

Vaults on Momentum handle the part of LPing most people hate: The constant rebalancing. ⚖️ Deposit once. Expert curators run the strategy. Your capital keeps working while you don't. Earn without lifting a finger.

Vaults on Momentum handle the part of LPing most people hate: The constant rebalancing. ⚖️<br /><br />Deposit once. Expert curators run the strategy. Your capital keeps working while you don't.<br /><br />Earn without lifting a finger.  <div><img style="max-width:100%;overflow:hidden;" src="https://d1x7dwosqaosdj.cloudfront.net/images/2026-06/5452d6cf445a45588a75bdda9240fa71.jpg" alt="" /></div><br />

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