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GMG.AI has completed a core upgrade, reshaping the Web4 Mechanism Trust Standard

1 hours ago

On June 9, GMG.AI — a Web4-native full-stack AI ecosystem platform — officially completed two core foundational upgrades: all contracts have fully renounced their permissions, and its over $86 million liquidity pool (LP) has been permanently locked via PinkLock. This technical upgrade eliminates all potential for manual backdoor modifications, permanently locks in ecosystem liquidity, breaks the industry’s long-standing reliance on the outdated "trust-based on project team promises" model, and sets a new benchmark for "mechanism-driven trust." Looking forward, GMG.AI will continue integrating AI intelligent agents with its value network, accelerate its push toward a fully decentralized ecosystem, and provide the global Web4 market with secure, long-term predictable infrastructure.
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Analyst Questions H's "Insider Trading": Premine of Over 200 Million Tokens, Gas Fees Ready 3 Weeks in Advance

June 9th – On-chain data analyst Yu Jin shared on social media today that besides the one billion H Tokens minted by the “hacker” one hour ago, over 2 billion H Tokens sold in the preceding hours were transferred from roughly 300 wallets that unlocked their tokens two weeks prior and 11 wallets that received tokens 11 months ago. These wallets also withdrew gas from Gate and Bybit exchanges three weeks ago.

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Humanity Hacker Mints an Additional 100 Million H, Previously Dumped 100 Million for 774 BNB

According to monitoring from Onchain Lens, on June 9, the hacker associated with Humanity Protocol minted another 1 billion tokens just 10 minutes ago. Notably, each of the previous 1 billion tokens was exchanged for 774 BNB.

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ZachXBT Questions Humanity's 'Grand Theater': It's Time to Launch a New Project

June 9: ZachXBT responded to Humanity’s official announcement on social media, noting it’s time to launch a new H token since the core team has moved on to other projects. In his reply, ZachXBT included a screenshot of a tweet Irene Zhao posted 20 hours prior, where Zhao claimed her two-year-old investment in H’s KOL round had generated a 100x return. She also mentioned she has invested in Everything, a new project hatched by the H team.

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A suspected Framework-associated address received 62.68 million HBAR from BitGo

On June 9, per Onchain Lens monitoring, despite Humanity Protocol falling victim to a hack, a newly created wallet received 62.68 million H tokens worth $7.65 million from BitGo. The wallet is likely linked to venture capital firm Framework Ventures, pending confirmation.

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Sahara AI: Contract and Product Have No Security Issues, Internal Investigation Launched

On June 9, Sahara AI released an official statement on social media, noting that its team is actively monitoring a 60% plunge in the token’s price. The team confirmed there are no security issues with its token contract or product, and has launched an internal investigation to get to the bottom of what’s causing these recent price swings.

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The Perpetual Funding Rate on the Whole Network Drops to the Extreme Negative Value, While the Rate Soars Unusually on Binance

June 9: Coinglass data shows that as the price of token H plummeted, its network-wide open interest-weighted funding rate has dropped to an extreme negative level, currently standing at -1.45%. Notably, among all major trading platforms, only Binance’s funding rate comes in at -0.01% (charged hourly), while rates on other mainstream exchanges have fallen to their respective platforms’ lowest extreme negative values. Records indicate Binance’s rate was -0.7% just one hour ago. As the platform with the largest overall trading volume for H contracts across the board, the situation where the contract price has hit 20 times the on-chain price makes a significant spike in the funding rate a development worthy of close attention.

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