RIF Surges Over 45% in 24 Hours, Market Cap Rises to $111 Million

June 14 — The Humanity Project team issued a statement in the early hours of yesterday regarding a cross-chain attack targeting its H token that took place on June 8. The attacker used a phishing email to gain access to a board member’s device, stealing their private key to execute on-chain transactions. The report noted the attack displayed technical tactics and tooling similar to those linked to a North Korean hacker group. The breach occurred across both Ethereum and BNB Chain. Using the stolen key, the attacker upgraded the Ethereum contract and transferred roughly 141.18 million H tokens. Simultaneously, they seized control of the BSC-side ProxyAdmin contract and minted additional tokens. Over an approximately 8-hour window, the attacker gradually sold these assets on Uniswap and PancakeSwap, disrupting liquidity and harming token holders. The project team confirmed the attack vector was a targeted social engineering phishing email disguised as an update notification from crypto

June 14, per OnchainLens monitoring: A crypto whale withdrew 1,500,010 TRUMP tokens (valued at roughly $3.16 million) from Binance, and transferred the full amount to a brand new wallet. Wallet Address: 6jU3LGHdtcyY5hsPDGEZV7zUrY8ssazGK2aqNP4LntQe

June 14: CoinGlass data shows the Coinbase Premium index has remained firmly in negative territory, signaling weak demand for cryptocurrency spot markets from U.S. institutional investors. This index measures the price gap between Coinbase Pro and other leading global crypto exchanges. A sustained discount usually points to insufficient buying pressure in the U.S. market, or that institutional players are staying on the sidelines or net-selling at current price levels. Analysis notes that historically, when the Coinbase Premium flips positive, it signals U.S. "smart money" is actively building crypto holdings—typically paired with a strong upward price trend. No clear reversal signal has emerged yet for the index, meaning U.S. institutional funds are contributing limited marginal buying power in the short term.

June 14. While Bitcoin’s network design centers on decentralization and censorship resistance, experts are now revisiting these core tenets—given that roughly 42.5% of global hashrate is currently concentrated in the United States. Data shows U.S.-listed public mining companies control about 31.5% of global hashrate, with broader estimates pointing to even higher total influence. Leading mining pool Foundry USA has long held the largest global hashrate share, at one point nearing one-third of the total network capacity on its own. Analysts argue the real risk isn’t just geographic centralization—it’s concentration at the pool level. Pools dictate which transactions are included and how block templates are structured, and the top mining pools combined now hold over two-thirds of global hashrate, fueling concerns over widespread transaction censorship. Following global mining bans in 2021, the Bitcoin network proved highly adaptable: after a sharp short-term drop in global hashrate, i

June 14 — Per market sources, Israel’s Security Cabinet will hold a meeting Sunday to discuss the agreement between the U.S. and Iran. (FXStreet)

June 14 Update: India’s tightened tax enforcement means cryptocurrency investors will face stricter reporting and compliance rules for the 2026 tax filing season. Misreporting could trigger fines and audits. Under current regulations, crypto gains are subject to a flat 30% capital gains tax, plus a 1% Tax Deducted at Source (TDS) on transactions above a set threshold, with no cross-asset loss offsetting allowed. The 2025 Income Tax Act took effect on April 1, 2026, and its core tax framework remains largely unchanged. On the reporting front: Investors must fill out a dedicated Schedule VDA section in ITR-2 or ITR-3 forms, and provide detailed records for every transaction—including trades, exchanges, transfers, and settlements—instead of just summarizing total gains. Regulatory focus has ramped up sharply: Indian tax authorities will directly pull user-level transaction data from exchanges, custodians, and wallet providers, then automatically cross-check this data against filed decl