Solana staking protocol Fragmetric completes $7 million seed round

On June 6, data from OnchainLens shows Ethereum co-founder Joseph Lubin once again topped up 30,000 ETH — about $47.12 million — to the Maker protocol as collateral to prevent his position from being liquidated. As of today, Lubin has deposited a total of 110,000 ETH (roughly $170.78 million) across three distinct Maker Vaults, and has borrowed around 259.05 million DAI using this ETH as collateral.

June 6 — The U.S. Central Command (CENTCOM) said U.S. forces intercepted four Iranian-launched suicide drones near the Strait of Hormuz and struck coastal radar facilities in Goruk and Qeshm Island in southern Iran, an action CENTCOM framed as aimed at preventing further threats to maritime shipping security. In response, Iran launched ballistic missiles at U.S. facilities in Kuwait and Bahrain. Iranian state television reported the targets included two Kuwaiti military bases and U.S. Navy-related sites in Bahrain. The U.S. military confirmed seven missiles were fired: six were intercepted, one missed its target, and there are no immediate reports of U.S. personnel casualties. Bahrain briefly activated air defense sirens, and Kuwaiti forces deployed defensive measures to counter the missile and drone threats. Iran’s Revolutionary Guard claimed the attack targeted Kuwait’s Ali Al-Salem Air Base and the U.S. Fifth Fleet headquarters, though the U.S. denied any significant damage to the

June 6: On-chain monitoring by LookOnChain reveals a crypto whale opened a 20x leveraged short position of 1,588 BTC (roughly $96.78 million) over the past five hours. The liquidation price for this position is $63,939.37.

June 6 (Al Arabiya sources) – U.S. President Donald Trump has notified mediators that he will not agree to a negotiation period exceeding 60 days, and has called on Iran to respond immediately to the relevant proposal. Current U.S.-Iran communications are being channeled through Iraqi Foreign Minister Fuad Hussein and U.S. Special Envoy for Middle East Affairs Steve Wieckert. Separately, sources say Pakistan’s Interior Minister will travel to Iran to help facilitate a memorandum of understanding (MoU) between the two countries. Meanwhile, Saudi’s Al Hadath media, citing its own sources, reported that Iran is seeking a three-month negotiation period to finalize details of a nuclear-related document – a timeline that clashes with Trump’s requested 60-day deadline.

[June 6] Security engineer Taylor Hornby—who uncovered a critical vulnerability in Zcash using Anthropic’s Opus 4.8 AI model—announced today that Monero (XMR) has been added to his audit queue, with plans to conduct security reviews on additional privacy coin projects moving forward. Earlier on May 29, Hornby found a critical bug in Zcash’s Orchard privacy pool. The flaw, which had gone undetected since May 2022, could theoretically let attackers mint infinite, untraceable fake ZEC tokens. The development team at non-profit Shielded Labs rolled out an emergency patch on June 1 before later disclosing full details of the vulnerability. In the aftermath of the incident, ZEC’s price tumbled 38% within 24 hours of the bug’s announcement, as the market grew concerned that bad actors might have exploited the flaw to siphon funds from the privacy pool without leaving any trace on the blockchain. Hornby noted he was commissioned by Shielded Labs back in April this year to proactively spot p

June 6 – Darcy, former CMO of Web3 security firm Salus, published a post probing the authenticity of JuCoin’s asset reserves, alleging that the USDC token on JuChain is an ERC20 deployed by the project team, can be minted arbitrarily, and is not the genuine asset issued by Circle. JuCoin’s official Proof of Reserves (PoR) page discloses total reserves of roughly $5.11 billion with a 123.81% reserve ratio, backed by six asset types: USDT, BTC, ETH, USDC, BNB, and SOL. CoinMarketCap’s Ju.com page links these assets to address 0x0D141Fd7a9Ed772678522933D424E10eB4CAc48d, noting the data is reported directly by the trading platform. Further checks on the JuChain explorer found that the USDC, USDT, BTCB, ETH, BNB, and SOL held by this address are all ERC-20/BridgeToken mapped assets on JuChain—not actual assets issued by their respective issuers or native chain assets. Notably, JuChain’s USDC has only 14 total holders, with the PoR address holding approximately 99.99% of its total supply;