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Raydium core contributor InfraRAY posted on platform X, stating that the team has confirmed that the old version of the AMM V3 program, which was previously discontinued in 2021, has been attacked. The attacker unauthorizedly removed part of the liquidity, but this incident does not affect current Raydium users, and the related liquidity pools have been unable to interact through the official Raydium UI since being disabled. The Raydium SDK and DApp also do not support operations on the mainnet old version AMM V3 liquidity pools.The five affected liquidity pools include: Sollet USDT-RAY, Sollet ETH-RAY, SRM-RAY, USDC-RAY, and RAY-SOL. Preliminary statistics show that the stolen assets include approximately 150,177 RAY, 5,603 SOL, and 893,700 USDC, with a total value of about $1.34 million. The related losses will be fully compensated by the treasury.Investigations reveal that the vulnerability originated from insufficient verification of the LP token minting address. The attacker created new LP tokens and impersonated legitimate LP tokens, bypassing the protocol's ratio verification mechanism to extract funds. However, this incident is classified as an independent logical vulnerability and is not due to private key leakage or permission intrusion, and there is no risk of spread. Currently, all existing Raydium mainnet programs have not been affected.

According to monitoring by Catcher Predict, in the predicted market event "Boston Red Sox vs. Tampa Bay Rays" on Polymarket, the win rate of the sub-market "O/U 7.5" for the "Over" option has experienced significant fluctuations, dropping sharply from 48% an hour ago to the current 29% (a fluctuation of 19%). Please note the impact of related breaking news.

The Solana DeFi protocol Raydium officially confirmed that its legacy AMM V3 program pool, which was deprecated in 2021, suffered an unauthorized liquidity removal attack, involving five pools: Sollet USDT-RAY, Sollet ETH-RAY, SRM-RAY, USDC-RAY, and RAY-SOL. The loss amounts to approximately 150,000 RAY, 5,603 SOL, and 893,700 USDC, totaling about 1.34 million USD.Current users are not affected, the attacker's address has been flagged, and the Raydium treasury will cover all compensation.

According to Arkham monitoring, Grayscale deposited a total of 19,548 ETH into Coinbase Prime in the last hour, approximately worth 32 million dollars.

On-chain investigator Specter issued a security warning that a certain old liquidity pool of the Solana DeFi protocol Raydium is suspected to have been attacked, with the attacker stealing approximately $1.34 million in assets, mainly including USDC, RAY, and wSOL. The hacker has transferred the stolen funds to Ethereum via a bridge and subsequently deposited them into Tornado Cash for mixing.

According to SoSoValue data, yesterday (Eastern Time June 9) the total net outflow of Ethereum spot ETFs was $40.8513 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $17.4201 million. Currently, the historical total net outflow of ETHE has reached $5.323 billion.Following that was Grayscale Ethereum Mini Trust ETF ETH, with a single-day net outflow of $14.958 million. Currently, the historical total net inflow of ETH has reached $1.869 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $9.135 billion, and the ETF net asset ratio (the market value compared to the total market value of Ethereum) is 4.56%. The historical cumulative net inflow has reached $11.243 billion.

Zach Pandl, the head of research at Grayscale, stated that on-chain valuation metrics indicate that Bitcoin is currently undervalued, but it has not reached the cheapness of previous cycle bottoms. He noted that this bear market may be shallower than past ones due to the smaller gains in the previous bull market, along with improvements in market structure such as ETP availability, wealth platform deployment, and institutional adoption.Zach believes investors can focus on two major short-term catalysts: the progress of the Senate's "Clarity Act" and whether leveraged Bitcoin holders can stabilize their balance sheets. He remains optimistic about the "Clarity Act," but predicts that market signals show a low probability of the bill passing. Pandl believes the current price levels provide long-term investors with an opportunity to accumulate positions in batches, while short-term traders may wait for developments on the bill.

On June 5, Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), planning to launch the Grayscale Canton ETF.According to disclosures, the Grayscale Canton ETF is a spot ETF, with specific product details yet to be announced.

Grayscale Research Director Zach Pandl stated that Strategy disclosed the sale of 32 BTC on June 1. Although the amount is small, it has triggered a new round of volatility in the Bitcoin market.He pointed out that the variable rate preferred stock STRC is trading below the $100 target level, which may prompt the company to increase dividends and add pressure on future cash flows, potentially leading to more selling pressure on BTC. At the current price levels of STRC and MSTR, Strategy's ability to further increase its BTC holdings is limited.

Grayscale Hyperliquid Staking ETF (ticker HYPG) is officially listed on Nasdaq. Currently, there are a total of 3 U.S. HYPE spot ETFs trading.According to SoSoValue data, the total net inflow for the HYPE spot ETF in a single day is $12,149,400. Among them, the first complete trading day after the listing of HYPG saw a net inflow of $4,697,300, with a historical total net inflow of $4,697,300. The highest single-day net inflow was for Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $7,452,100 and a historical total net inflow of $90,412,300.As of the time of writing, the total net asset value of the HYPE spot ETF is $186 million, with a net asset ratio of 1.24%, and the historical cumulative net inflow has reached $152 million. The Grayscale Hyperliquid Staking ETF supports cash or physical redemption, with a management fee rate of 0.29%, and allows for additional earnings through staking HYPE; its redemption is based on a basket of 10,000 shares, and physical redemption is limited to authorized participants.

According to The Block, blockchain analytics company Chainalysis has released a latest report indicating that as the gray market peptide industry scales surpasses an annualized $100 million, leading suppliers are accelerating the adoption of Bitcoin and stablecoins as primary settlement tools.In Q1 2026, cryptocurrency inflows into the industry reached $32 million, a month-on-month surge of 159%. Due to traditional banks and credit card payment channels generally imposing bans on prescription-grade compounds and unregulated substances, a large number of Chinese chemical manufacturers are turning to cryptocurrency to complete transactions, with high-value orders particularly favoring stablecoins to avoid price volatility risks.

Grayscale's research director Zach Pandl stated that after Strategy disclosed the sale of 32 BTC on June 1, it triggered a new round of volatility in the BTC market. He pointed out that the scale of the sale itself is not important, as Strategy still holds approximately 840,000 BTC on its balance sheet, valued at about $5.5 billion. However, as one of the largest digital asset treasury managers in the world, its strategic shift puts pressure on market sentiment.Pandl believes that more importantly, the recent volatility affects the price of Strategy's variable rate preferred stock tool STRC. STRC is designed to maintain a price of about $100 per share, with a current dividend yield of 11.5%. If the stock price falls below $100, it means investors are demanding a higher return. Strategy can increase dividends, but this will increase future cash flow obligations and may lead to more BTC sales, further suppressing BTC prices. Strategy's leveraged business model is under pressure, increasing volatility across the entire BTC market.At the current levels of STRC and MSTR stock prices, Grayscale believes that Strategy's ability to continue accumulating more BTC is limited. However, Grayscale believes that in the long term, reducing the BTC on the leveraged digital asset treasury balance sheet and allowing more BTC to be distributed across diversified corporate balance sheets will benefit the health of the Bitcoin ecosystem. But before a sustainable bottom for BTC prices is formed, other buyers need to enter the market. Grayscale expects BTC prices to recover in the coming months, but in the short term, BTC's performance may lag behind other segments of the crypto market that directly benefit from regulatory clarity.

Bloomberg ETF analyst James Seyffart posted on platform X that Grayscale has submitted its third version of the BNB ETF S-1 amendment to the U.S. Securities and Exchange Commission (SEC), with the code GBNB, and the fees have not yet been announced.

According to CoinDesk, Grayscale has launched the Grayscale Hyperliquid Staking ETF on Nasdaq, with the ticker HYPG, and a management fee of 0.29%, lower than the Hyperliquid equivalent funds from 21Shares and Bitwise.HYPG aims to provide exposure to the HYPE token and generate additional income through staking. Grayscale states that the historical staking rewards for HYPE are approximately an annualized 2.2%.

Grayscale announced that its Grayscale Hyperliquid Staking ETF (ticker: HYPG) will begin trading on June 4 local time. This product is the lowest management fee HYPE ETP in the United States and offers HYPE spot exposure and staking yields.Grayscale stated that HYPE is the core asset supporting the operation of an all-weather on-chain market, while Hyperliquid has driven perpetual contract trading volume to the scale of trillions of dollars. Investors can directly access HYPE exposure and staking yields through traditional brokerage accounts.

According to monitoring by Catcher Predict, in the predicted market event "Detroit Tigers vs. Tampa Bay Rays" on Polymarket, the "Detroit Tigers" option in the sub-market "Detroit Tigers vs. Tampa Bay Rays" experienced a dramatic fluctuation in winning probability, soaring from 43.5% an hour ago to the current 90.5% (a fluctuation of 47%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Detroit Tigers vs. Tampa Bay Rays" on Polymarket, the "Detroit Tigers" option in the sub-market "Detroit Tigers vs. Tampa Bay Rays" experienced a drastic fluctuation in winning probability, plummeting from 94.5% an hour ago to the current 68.85% (a fluctuation of 25.65%). Please note the impact of related breaking news.

Grayscale submitted its S-1 amendment for the Hyperliquid Staking ETF, proposing to set the fund management fee at 0.29%, with the code HYPG. This rate is lower than similar products already launched by Bitwise and 21Shares. Among them, Bitwise's BHYP has a first-month fee rate of 0%, followed by 0.34%; 21Shares' THYP fee is 0.3%. Bloomberg ETF analyst James Seyffart stated that Grayscale's fund is expected to launch as soon as this week. If successfully launched, HYPG will become the third Hyperliquid-related ETF.

According to CoinDesk, digital asset management company Grayscale pointed out in its latest report that the decentralized trading platform Hyperliquid is rapidly evolving from a cryptocurrency perpetual contract exchange into a blockchain financial infrastructure platform, and may even challenge traditional derivatives trading and exchange systems in the future, growing into a "financial services giant."The report shows that Hyperliquid is expected to achieve approximately $800 million in revenue by 2025, with an annual perpetual contract trading volume of about $2.9 trillion and an open interest size of around $7 billion, occupying a significant share of the cryptocurrency derivatives market. Grayscale believes that the platform is no longer limited to cryptocurrency trading but is expanding into tokenized stocks, commodities, and prediction markets through the HIP-3 and HIP-4 systems, gradually building an all-weather on-chain trading infrastructure.FalconX also pointed out in another report that Hyperliquid is competing with traditional derivatives exchanges such as CME Group and prediction market platforms like Kalshi and Polymarket, making progress in new markets such as Pre-IPO. The report also emphasizes that regulation remains a key variable. Although Hyperliquid currently restricts access for U.S. users, as the regulatory framework becomes clearer and institutions like Coinbase, Robinhood, and Kraken explore perpetual contract products, this sector may welcome broader growth opportunities in the future.