News

Shenzhen TechFlow news, June 21, according to HTX market data, BTC broke through $64,000 and is now reported at $64,003.61, with a 24-hour increase of 1.13%.

According to DeepFlow TechFlow News, on June 20, Cointelegraph reported that the European Commission launched a consultation on the MiCA 2.0 framework in May, focusing on under-covered areas such as stablecoins, DeFi, and prediction markets. Submissions are due by August 31, but the full legislative process is expected to continue until 2028.Coinbase Policy Director Katie Harries stated that MiCA sets an early global benchmark for EU digital asset regulation, and revisions should optimize euro stablecoin reserve rules and allow non-interest incentives. Notabene Compliance Director Catarina Veloso noted that if stablecoins are positioned as payment infrastructure, redemption, liquidity, and reserve management will become core regulatory concerns. The industry also calls for clear criteria for determining DeFi decentralization to balance innovation and compliance.

PANews, June 20 — Cross-chain protocol Axelar Network issued a statement regarding a recent security incident, clarifying that there are misunderstandings within the community. The Axelar Network itself and the IBC protocol were not attacked or compromised, and the affected token smart contract was not developed, deployed, or maintained by Axelar Network. The exploited contract is a forked version based on the CW20-ICS20 implementation, but the developer removed two core security checks, resulting in an “infinite minting” vulnerability. By deleting the verification mechanisms originally designed to prevent such issues, the fork altered the contract’s original trust model and did not undergo a new security audit. Axelar Network further explained that anyone can deploy contracts for cross-chain asset wrapping via IBC, and similar contracts are also used to wrap tokens from other chains onto Secret Network. This incident is not a unique logic flaw, nor is it a problem with the IBC protocol itself, but rather a security risk introduced by modifications to a third-party contract.

PANews, June 20 – According to on-chain data monitoring, the whale "pension-usdt.eth" has just opened another 3x leveraged ETH short position after closing all Ethereum short positions yesterday. The current position holds 871.3249 ETH, with a position value of approximately $1.5 million and a return on investment of 0.25%.

Shenchao TechFlow news, June 20th, according to HTX market data, ETH has fallen below $1,700, currently at $1,698.86, with a 24-hour increase of 0.98%.

TechFlow news, June 20th, according to HTX market data, BTC has dropped below $63,000 and is now trading at $62,985.97, with a 24-hour increase of 0.72%.

PANews June 20 news, OKX market data shows that ETH has just fallen below $1,700, now quoted at $1,699.56 per token, down 0.48% intraday.

PANews, June 19 – Coinglass data shows that total liquidations across the cryptocurrency market reached $367 million over the past 24 hours, with long liquidations at $274 million and short liquidations at $92.7667 million. BTC total liquidation amount was $105 million, and ETH total liquidation amount was $101 million.

Deep Tide TechFlow news, on June 19, the Nikkei 225 index opened up 372.55 points, an increase of 0.52%, at 71,426.04 points. The KOSPI index opened up 231.44 points, an increase of 2.55%, at 9,295.28 points. Samsung Electronics' stock price rose 3%.

According to Deep Tide TechFlow news on June 19, monitored by on-chain analyst Onchain Lens (@OnchainLens), Garret Jin has fully closed his ZEC long position, realizing a profit of approximately $405,000; he also fully closed his UNI long position, incurring a loss of about $316,000.Currently, he still holds a 5x leveraged long position of 1,268.33 BTC, with an unrealized floating loss of approximately $16.8 million; additionally, he has bought 115,008 HYPE, valued at about $7.8 million.