7*24

Hot topic

Market

Activities

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeA Chinese network suspected of exporting fentanyl precursor chemic

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

A Chinese network suspected of exporting fentanyl precursor chemicals was also linked to a large crypto fraud operated through Japan, according to a Nikkei investigation. 






Summary






Nikkei tied a fentanyl-linked Chinese network to Japan-based crypto fraud using a fake Zksync.jp token.



The alleged scheme used Japanese domains to gain trust and deceive crypto users worldwide online.



Blockchain trails reportedly showed more than 120 transactions involving U.S.-sanctioned entities linked to drug networks.








The report said the group used Japanese internet domains and a fake “Zksync.jp” token to deceive crypto users worldwide.



Nikkei said losses reached hundreds of millions of yen, or more than $1 million. The token name appeared to copy ZKsync, a legitimate Ethereum Layer 2 network built by Matter Labs. There is no apparent connection between ZKsync and the alleged fraud.




Chinese fentanyl network suspected of crypto fraud via Japan base https://t.co/XuwAwj6LiJ— Nikkei Asia (@NikkeiAsia) June 21, 2026













You might also like:





Altura shuts stablecoin vault after $8.5m redemption rush







Japan base tied to Amarvel network



The report placed Hubei Amarvel Biotech, a Wuhan-based chemical company, at the center of the network. In 2025, two Amarvel executives were cleared of a top fentanyl charge but convicted of conspiring to import a fentanyl precursor chemical and conspiring to launder money.



Nikkei said a Nagoya-based company called Firsky served as a Japanese front for the network. The report identified a Chinese national, Xia Fengzhi, as a person linked to logistics and funds from Japan. Firsky was liquidated in July 2024, and Xia’s current location remains unknown.



Blockchain trails point to sanctioned entities



Using wallet addresses disclosed in U.S. court evidence, Nikkei m

A Chinese network suspected of exporting fentanyl

Andeli has provided a response to the Shanghai Stock Exchange, shedding light on its acquisition target, Ningbo Yongqiang Technology. The company primarily produces ordinary and high-end copper-clad m

Andeli has provided a response to the Shanghai Stock Exchange, shedding light on its acquisition target, Ningbo Yongqiang Technology. The company primarily produces ordinary and high-end copper-clad materials, which are used in the upper reaches of the PCB industry. Although its market share is less than 1%, Ningbo Yongqiang Technology has demonstrated research and development capabilities, as well as the ability to manufacture high-speed copper-clad products of M8 grade or higher. The company's M6-M9 materials have achieved industrialization and mass production, with annual revenues exceeding 1 million yuan. Additionally, its M10-grade materials are currently undergoing downstream verification. With an operating income of 224.0152 million yuan in 2025, the company's scale is relatively small compared to industry leaders

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 XRP to $10 in the Next 11 Months Not Impossible XRP is trading with

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

XRP to $10 in the Next 11 Months Not Impossible
XRP is trading within a large rounding bottom on the weekly timeframe, and a breakout could push its price into double digits.

After a good start to the week, XRP has begun trending lower again. Over the past 24 hours, it has corrected by almost 2%, dropping from its intraweek high of $1.16 to the current price of $1.11.

Still, chart analysis shows that XRP remains on course for an outsized upward move, one that could take its price to unprecedented levels.

Looking at the weekly chart, we can see a large rounding bottom structure that XRP has strictly followed for months now. Since its July 2025 all-time high of $3.66, the coin has consistently aligned itself to the first part of this classic U-shaped pattern, making lower highs and lower lows.

Notably, the rounding bottom is a long-term reversal pattern, where momentum gradually shifts from bearish to bullish. Prices trend lower to the shape’s bottom, then bearish exhaustion kicks in. From the bottom’s support, bulls start to gain strength, pushing the asset higher to fill up the curve. What follows is a breakout to new heights.

Currently, XRP is at the bottom of this shape around the $1.10 support level. Notably, this aligns with a major area during the 2021 cycle where prices repeatedly faced rejection before breaking above in November 2024. Holding this support is crucial as it not only validates the rounding bottom pattern but also prevents prices from crashing to lower levels.



XRP to $10 in the Next 11 Months Not Impossible

Threshold (T) is a DeFi infrastructure token behind Threshold Network, known for privacy/threshold cryptography and BTC bridging (tBTC). From May 23–Jun 23 there were no verified official updates; Squ

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksTradFi Trading Strategies Sharing ChallengeCardano Now Ranks as the 4th Most Decentralized Network The Cardano 

TradFi Trading Strategies Sharing Challenge

Cardano Now Ranks as the 4th Most Decentralized Network


The Cardano network ranks as one of the most decentralized networks in the crypto space, as the chances of compromise become nearly impossible.

Decentralization in this context refers to the even distribution of control and authority among network participants.

A well-decentralized network has broader participation in decision-making and is censorship resistant. Currently, Cardano ranks among the top four in crypto networks with these features.

Cardano Nakamoto Coefficient at 23

This ranking was determined by the Nakamoto coefficient. Named after Bitcoin founder Satoshi Nakamoto, the metric measures how decentralized a network is using multiple factors. One is the minimum number of independent entities that have enough control to disrupt consensus.

Disrupting consensus for a Proof of Stake mechanism requires 33% of the total stake or voting power. For Proof of Work, a miner would need 50% of the total hash power to achieve censorship.

The higher a network’s Nakamoto coefficient, the more decentralized it is. As of June 23, Cardano has a score of 23, the fourth-highest among all blockchains. This means that it would take the agreement of 23 independent network contributors to compromise the network. Analysts view this as a nearly impossible scenario in practice.

Notably, only three networks are more decentralized than Cardano using this metric. Polkadot ranks first with a Nakamoto coefficient of 178, the Ton Network ranks second at 72, while Avalanche ranks third at 26.

Cardano Now Ranks as the 4th Most Decentralized Ne

Glassnode’s widely watched Altcoin Cycle Signal has surged to 86, blowing past the 50 threshold that typically indicates alternative cryptocurrencies are outperforming Bitcoin on a relative basis. On 

Fake Altcoin Season? Glassnode Signal Hits 86—But Bitcoin Weakness Is the Real Story - EconoTimes

Why Le Mans Is About More Than SpeedTrust Is Earned Through ConsistencyPerformance Under PressurePrecision and Risk ManagementShared Values, Different Arenas
 Advertisement

Dudu Barrichello's Le Mans Podium Highlights CoinsPaid's Focus on Trust, Reliability and Performance

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX Challenge A major trader on Hyperliquid risks losing a giant $XRP position 

A major trader on Hyperliquid risks losing a giant $XRP position worth more than $30 million in one fell swoop. According to data from the analytics platform Onchain Lens, the address "0xf79C...9BbD" opened a long position of 27.9 million $XRP using 20x leverage, while the total value of the open notional position is estimated at $30.9 million.

However, because of the high leverage, the liquidation price is set at $0.92.

At the moment, the trade is already bringing the investor major losses. The current price of the asset has dropped to around $1.10, causing the floating unrealized loss on $XRP to exceed -$672,000.



A major trader on Hyperliquid risks losing a giant

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX Challenge After reaching $65,000 yesterday, Bitcoin has fallen back to arou

After reaching $65,000 yesterday, Bitcoin has fallen back to around $62,000 today, while Ethereum has also dropped below $1,700.

While there is a risk of further decline for $ETH, popular cryptocurrency analyst Ali Martinez suggests Ethereum could experience further losses.

Martinez noted that Ethereum is trading below its 200-hour simple moving average (SMA) on X, arguing that it could experience further declines if it fails to recover from current levels. He set the next major target for $ETH at $1,580.



After reaching $65,000 yesterday, Bitcoin has fall

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeThe cryptocurrency market showed some signs of a recovery in early

The cryptocurrency market showed some signs of a recovery in early May when Bitcoin (BTC) briefly reclaimed the $82,000 price level. The rebound, unfortunately, was short-lived. Bitcoin (BTC) has since fallen to the $62,000-$63,000 range, a level last traded at in early February of this year. Let’s discuss why the cryptocurrency market is struggling, and if it can realistically recover in 2026.Why Is The Cryptocurrency Market Down?Source: livewiremarkets.comThe cryptocurrency sector saw increased outflows from October 2025. The move came right after Bitcoin (BTC) climbed to a new all-time high of $126,080. The reason behind the trend change was attributed to high macroeconomic uncertainty and rising global geopolitical tensions.The cryptocurrency market faced another beating in February 2026 after the US launched its attacks on Iran. The war had dire consequences on global energy supplies after the Strait of Hormuz was closed off. Oil prices surged and inflation numbers (CPI) followed suit.Inflation in the the US climbed to 4.2% in May 2026. The Federal Reserve announced that they will keep interest rates unchanged to combat rising inflation. Newly appointed Federal Reserve Chair Kevin Warsh highlighted that inflation was well beyond the Fed’s 2% target and that prices were still very high. The cryptocurrency market took another hit after the Federal Reserve’s announcement.Will The Market Recover In 2026?A complete cryptocurrency market recovery will depend on what happens in the Middle East. The US and Iran had agreed to a peace deal last week, but there are clouds of doubt over a successful discussion. According to reports, the Iranians walked out after re-escalation in the Israel-Lebanon conflict. President Trump had threatened fresh operations if Iran did not stop their “highly paid proxies.”Also Read: XRP Won’t Climb in a S

The cryptocurrency market showed some signs of a r

Конвергенция старшего тф, тест важного уровня поддержки по биткоину — Вход: $70 -❗️условный бай ордер — Стоп: $68 — Цель: $85 Риск на сделку: 0,5% от всего депозита Объём входа: 15% от депозита RR 1/7,5

Конвергенция старшего тф, тест важного уровня поддержки по биткоину — Вход: $70 -❗️условный бай ордер — Стоп: $68 — Цель: $85 Риск на сделку: 0,5% от всего депозита Объём входа: 15% от депозита RR 1/7,5

Торговая идея SOL/USDT

HTX приглашает вас делиться подарками на 600K USDT

2026 World Cup Posting Challenge

BTC Пророк: 20-дневный челлендж на 380 млн HTX

SpaceX IPO Unlock Timeline

A Panoramic View of the Solana Privacy Ecosystem: The Complete Privacy Stack from Computation to AI

The 'Chip' Challenge and Breakthroughs in China's Optical Industry Chain

Ethereum Advances Glamsterdam Upgrade Ahead of Planned 2026 Launch

Cursor's New 1.5T Model Abandons Kimi Foundation, $60 Billion Stock Swap for Cursor, Musk's First Move Targets Microsoft's GitHub

3B Small Model's Programming Scores Rival Opus 4.5, Mysterious Model Sparks Heated Discussion, Turns Out to be Domestic

Breaking: Google Gemini Co-Head Poached by OpenAI

Торговая идея SOL/USDT

Todos os comentários0Mais recentePopular

Tópicos em destaque