ChainCatcher message, Polyhedra posted on platform X stating that today's price drop is due to a series of abnormal on-chain transactions in the ZKJ/KOGE trading pair occurring in a very short time. The team is closely monitoring the situation and will share more information as soon as possible.However, it is important to emphasize that the fundamentals of Polyhedra have not been affected, and the project will continue to progress as planned.

ChainCatcher message, Echo Protocol officially announced today that its official X account (@EchoProtocol_) has been successfully recovered this morning, and the account is operating normally. The team has fully regained control.According to the Echo team, the official account was hacked and briefly controlled by unknown individuals yesterday, during which false information and suspicious links unrelated to the project were posted, attracting widespread attention from the community. In response, the team immediately activated an emergency response mechanism and communicated with X officials, ultimately successfully regaining control of the account today.Echo Protocol stated that this incident only affected the community platform account, and the protocol itself is operating normally. All user funds and data remain secure, and there are no abnormalities in the platform contracts. Users can use the platform with confidence.The team also further declared regarding this incident that they will continue to investigate the source of the hack and take legal action as appropriate. Meanwhile, Echo Protocol has immediately strengthened internal account protection measures and urges community members to enhance their cybersecurity awareness, avoiding clicking on any unknown links or executing suspicious authorizations.

ChainCatcher message, on-chain analyst Ai Yi posted on platform X for further analysis of tonight's KOGE and ZKJ flash crash event:Why was KOGE smashed first before ZKJ?The most important reason may be that ZKJ has a contract, allowing them to short on the exchange and simultaneously crash the price on-chain; secondly, from a liquidity perspective, ZKJ has better liquidity, which requires more funds to execute the crash.Why did the crash start at 8:30, while the performance of the two tokens on the K-line was delayed?Both ZKJ and KOGE are known for their good liquidity and stable prices, so the LP range is extremely narrow. After a large amount of selling breaks through this range without enough funds to absorb the sell orders, a flash crash is inevitable. When LPs see the price drop, panic selling occurs, creating a vicious cycle that further drives down the price; as for those LPs who haven't run yet? They are stuck holding ZKJ and KOGE.Why choose to crash tonight?Ai Yi speculates that the continuous decline in Alpha trading volume over the past few days may be the trigger. The exit of large LPs is also a "run fast" game, especially since there are fewer believers among the holders of ZKJ and KOGE; everyone is in it for the interest, so the collapse of the tower only requires the breaking of one supporting pillar.

ChainCatcher news, according to the official page, the APR for the KOGE-ZKJ trading pair in the Binance Alpha liquidity pool is currently reported at 794.98%.

ChainCatcher news, according to europe1, a 26-year-old trader was kidnapped on his way back to his home in Juvisy-sur-Orge on Friday night to Saturday. The man, who has 40,000 followers on TikTok, was forcibly taken by four kidnappers in a stolen Clio car.According to preliminary reports, the victim was beaten. The kidnappers demanded 50,000 euros in cryptocurrency from him. After checking his account balance and finding a lower amount, the kidnappers released him, realizing that the victim did not possess the requested sum. The trader was assessed to need six days of recovery (ITT). The case has been taken over by the organized and professional crime investigation department.

ChainCatcher news, the KOGE team 48 Club stated on the X platform yesterday, "KOGE has been fully released since day one, with no lock-up. Additionally, 48Club has never committed in any form to not sell treasury holdings. Just like Binance never said it wouldn't sell BNB. Please do your own research, and the risk is yours."ChainCatcher previously reported that according to Binance Alpha market data, KOGE briefly fell below $10 and is currently reported at $22.07, with a 24-hour decline of over 64%.

ChainCatcher news, Strategy Executive Chairman Michael Saylor has once again released information related to the Bitcoin Tracker on the X platform, stating: "Bigger orange dots, better."Typically, he discloses Strategy's Bitcoin accumulation data the day after releasing information about the Bitcoin Tracker.

ChainCatcher news, according to Cointelegraph, the Vietnamese National Assembly passed the "Law on Digital Technology Industry" on June 14, officially incorporating crypto assets into the national legal regulatory framework for the first time. The law will take effect on January 1, 2026. According to local media reports, the passage of the law not only recognizes the legal status of crypto assets but also paves the way for broader digital innovation across the country.The new law categorizes digital assets into two types: virtual assets and crypto assets. While both rely on cryptographic or digital technology for verification and transfer, they do not include securities, digital fiat currencies, or other financial instruments. The government will be responsible for establishing relevant operating conditions, classification standards, and regulatory mechanisms.The law also requires that crypto asset activities comply with international norms such as cybersecurity and anti-money laundering (AML), clearly in response to the Financial Action Task Force (FATF)'s regulatory concerns regarding Vietnam. Since 2023, Vietnam has been on the FATF's "grey list."

ChainCatcher news, according to on-chain analyst @ai_9684xtpa monitoring, "ETH ICO 1 million ETH whale" has accumulated a total of 15,790.6 ETH deposited to OKX since May 26, with a total value of 40.79 million USD, deposit price of 2583 USD, and cost as low as 0.31 USD.In the past 24 hours, ETH worth 5.03 million USD has been sold, and currently, 37,829 ETH are still held.

ChainCatcher news, according to Whale Alert monitoring, an address on the Tron chain holding 12,369,162 USDT has been frozen.

ChainCatcher news, Cryptoquant analyst Darkfost released a market analysis stating that macroeconomics has become the dominant narrative in today's cryptocurrency market. As a result, key indicators such as the US Dollar Index (DXY) and US Treasury yields are now closely monitored by investors, reflecting the overall state of institutional sentiment and global liquidity. When DXY and bond yields rise simultaneously, capital tends to flow out of risk assets. In such an environment, Bitcoin typically experiences pullbacks. Historically, bear markets in cryptocurrencies have often coincided with strong upward trends in yields and DXY.Conversely, when DXY and yields lose momentum, investors' risk appetite shifts towards risk assets. These periods are often associated with monetary easing or market expectations of interest rate cuts by the Federal Reserve, thereby driving bullish sentiment in the crypto market. Notably in the current cycle, there is an unusual decoupling between Bitcoin and bond yields. Despite yields reaching one of the highest levels in Bitcoin's history, Bitcoin continues to maintain an upward trend, especially accelerating when DXY declines. This anomaly suggests a structural shift in Bitcoin's role within the macroeconomic landscape, as it is increasingly viewed as a store of value. This new narrative may be redefining how Bitcoin responds to traditional macroeconomic forces.

ChainCatcher news, according to CoinDesk, the BTC price rebounded from a low of $104,480 caused by geopolitical factors, ultimately closing at $105,590, with a daily increase of 0.15%. Technical analysis shows that the $104,400-$104,500 range has formed effective support, and consolidation above $105,470 may indicate further upward potential.Bitwise Asset Management portfolio manager Jeff Park pointed out that young investors are viewing "holding a full 1 Bitcoin" as a new wealth goal, replacing traditional real estate.

According to ChainCatcher news, as disclosed by Slow Fog founder Yu Xian, individual cryptocurrency investors have encountered multiple large-scale theft incidents in the past week, including two cases with losses exceeding $1 million, one case exceeding $2 million, and the highest single loss reaching $6.5 million. Smaller theft incidents occurred more frequently, but specific data was not disclosed.

ChainCatcher news, on social media, on-chain analyst ZachXBT stated that there is an urgent need for someone to invest in building comprehensive data analysis and compliance tools within the Hyperliquid ecosystem, otherwise related projects may face significant event risks. He pointed out that currently, it is very difficult to track personal asset theft on Hyperliquid Core or EVM chains due to the lack of available tracking and auditing tools.

ChainCatcher news, according to Crowdfundinsider, the institutional staking platform Colossus Digital has received a €1 million (approximately $1.15 million) investment from SBI Ven Capital. This investment is made through a joint fund supported by SBI Ven Capital, Sygnum Bank, and Azimut Group, and the funds will be used to launch Colossus Digital's institutional crypto platform, which will connect regulated custodians with validators for staking and governance.

ChainCatcher news, according to CoinDesk, Brazil has canceled its long-standing tax exemption policy on cryptocurrency gains. Under the new provisional law (Decree No. 1303), individual cryptocurrency profits will be uniformly taxed at a rate of 17.5%.Previously, individuals were not required to pay taxes on cryptocurrency sales of up to 35,000 reais (approximately $6,300) per month. Before this change, gains exceeding that limit were subject to a progressive tax rate, with a maximum rate of 22.5% applicable to transaction amounts exceeding $5.4 million.

ChainCatcher news, ConsenSys founder Joseph Lubin responded to user questions about whether MetaMask will issue a token, stating that ConsenSys has developed short-term and mid-term strategic plans involving the protocolization of existing products and several new projects. Given that Web3 protocols typically rely on tokens for operation, multiple protocols will gradually launch tokens in the future. Lubin revealed that the first to issue a token will be LINEA, and subsequent protocols will also achieve collaborative development.

ChainCatcher news, according to the Straits Times, the Singapore Police Force reported that its Anti-Scam Command collaborated with the cryptocurrency platform StraitsX to conduct a joint enforcement operation from May 13 to 30, targeting money laundering activities using cryptocurrency. During the operation, over 200,000 Singapore dollars in cash were seized, and 35 men and 14 women are assisting with investigations, aged between 18 and 58.Preliminary investigations indicate that these individuals are suspected of allowing others to use their cryptocurrency accounts or Singpass accounts in exchange for rewards ranging from 400 to 3,000 dollars, with the related accounts suspected of being used for money laundering. The police noted that most suspects contacted unknown individuals via Telegram or WhatsApp and provided personal information as instructed.The police emphasized that collaborating with StraitsX, which is registered as a legitimate digital payment provider, helps leverage technological solutions to detect suspicious accounts and take swift action. Under Singapore's Prevention of Corruption, Drug Trafficking and Serious Crimes Act, assisting others in retaining criminal proceeds can result in a maximum penalty of three years in prison or a fine of 50,000 dollars, or both. The police urge the public to refuse to lend their bank or cryptocurrency accounts to avoid becoming involved in such cases.