Planet Daily Bitcoin spot ETF holdings account for 5 of total Solana has removed validators vulnerable to Sandwich Attacks June 11th

Breaking News
Global Spot Bitcoin ETF Holdings Account for 5% of Total BTC Supply
According to data revealed by Bitcoin Magazine on the X platform, global spot Bitcoin ETFs currently hold over $70 billion worth of Bitcoin, accounting for 5% of the total Bitcoin supply.
Solana Foundation: Removes Validators Engaged in Sandwich Attacks Against Users
The Solana Foundation announced that validators who participated in “sandwich” attacks against Solana users have been removed from the delegation program. The removal of these validators aligns with the foundation’s established rules that prohibit such malicious activities.
1 0x Research: $67.5 Billion BTC and $19 Billion ETH Withdrawn from Exchanges Last Month
In their latest report, 1 0x Research stated that Bitcoin is nearing its range top and facing challenges to break its all-time high. This can be attributed to the Bitcoin halving event on April 20th. Following the halving, stablecoin minting has significantly slowed down, leading to a decrease in the number of wallets holding over $10 million in stablecoins, hindering Bitcoin from reaching new highs. In the past month, a record amount of Bitcoin ($67.5 billion) was withdrawn from exchanges (a decrease of 97,000 BTC). This massive outflow was primarily driven by two US-focused exchanges: Kraken (a decrease of 55,000 BTC, approximately $38 billion) and Coinbase (a decrease of 24,000 BTC, approximately $17 billion). Last week, $7.71 billion was withdrawn from exchanges, a significant number compared to the 13,500 BTC issued last month. The only exchange with a large inflow of funds was Bitfinex (72,000 BTC). In contrast, Bitcoin spot ETFs purchased around $39 billion worth of Bitcoin (56,000 BTC) last month. Additionally, a significant amount of Ethereum worth $19 billion was withdrawn from exchanges last month. Inflows came from Binance and Coinbase, while outflows came from Bitfinex and Kraken. In the past week, only $56 million worth of Ethereum was withdrawn from exchanges, indicating a significant slowdown in outflows and decreasing demand for Ethereum in various forms.
Industry News
Grayscale’s Bitcoin Holdings Gap Widens to Nearly 20,000 BTC Compared to BlackRock
Official data shows that as of last Friday, June 7th, Grayscale’s GBTC holds 285,105.8738 BTC, while BlackRock’s IBIT holds 304,976.7378 BTC. The gap in Bitcoin holdings between Grayscale and BlackRock has widened to 19,870.864 BTC.
Bitfarms Implements “Poison Pill” Strategy to Prevent Hostile Takeover by Riot Platforms
Bitcoin mining firm Bitfarms is implementing a “poison pill” strategy to prevent a hostile takeover by its competitor Riot Platforms. The equity dilution anti-takeover measure, also known as a “poison pill plan,” is aimed at preventing unsolicited acquisitions and attempting to reduce its attractiveness. Bitfarms stated that the plan has been approved by the board and is “designed to maintain the integrity of its previously announced strategic alternatives review process and align with the best interests of shareholders.”
OKX Star: OKX Address Book Functionality Needs Improvement, Customers to Bear Responsibility for Losses Due to OKX Issues
In response to a user clarifying a new address on their OKX account’s address book, OKX CEO Star stated on social media that they also often do not remember addresses added a long time ago. If in doubt, please contact customer service for verification. The OKX address book functionality does need improvement, such as displaying the time of addition. Additionally, OKX will continue to bear full responsibility for customer losses caused by OKX issues.
Project News
Binance: CR 7 NFT Airdrop, All CR 7 Forever Worldwide Holders Can Increase Rarity
According to official news, Binance announced on the X platform that they will conduct a CR 7 NFT airdrop, gifting 100 free NFTs to all CR 7 Forever Worldwide holders to increase rarity.
LayerZero CEO: Expected to Release Final Witch Addresses List by End of June
LayerZero CEO Bryan Pellegrino responded to a question on the X platform about when the witch check will end and the final list will be released, stating that it is expected to be completed by the first half of 2024.
zkSync to Launch Pre-Game Activities Tomorrow
Ethereum L2 network zkSync announced on the X platform: “Enable notifications and follow the community account ZK Nation dedicated to managing, protecting, and developing the zkSync protocol. Pre-game activities will begin tomorrow.”
Berachain Announces Launch of Public Testnet bArtio B 2
L1 public chain Berachain announced on the X platform that its public testnet bArtio B 2 is now live.
io.net Appoints New CEO: IO Tokens Held by Former CEO to be Custodied by Ceffu with a 1-Year Sales Restriction
io.net’s new CEO @MTorygreen announced on the X platform that their primary task is to ensure the successful launch of IO tokens and lay the groundwork for the project’s future development. Effective immediately, the IO tokens held by former CEO Shadid will be custodyed within Ceffu, with a 1-year sales restriction on these tokens. At the end of the 13th month after listing, 1/36 of the tokens will be available for sale, unlocking the tokens, with the remaining tokens becoming available for sale over the next 36 months.
StarkWare Ecosystem Leader Launches Catnet to Test Bitcoin Circle STARK Verifier Deployment
Starknet core developer and StarkWare ecosystem leader Abdel (@dimahledba) announced on the X platform the launch of Catnet, a custom Bitcoin signet that enables OP_CAT and will be used to test the deployment of the Bitcoin Circle STARK Verifier. Abdel also mentioned that a faucet is coming soon.
Security Risks
Cosmos: ComfyUI Plugin Poses Risks, Urges Prompt Investigation and Resolution
Developer @op 7418 stated: “Check if you have installed the ComfyUI_LLMVISIO ComfyUI plugin. This plugin contains a virus that will send your browser passwords, credit card information, and browsing history to hackers. If installed, uninstall it promptly and clean the registry.” SlowMist founder Cosmos commented on this: “Targeting players messing with AI… Be careful with this ComfyUI plugin. If it’s installed on your computer, investigate and resolve as per the corresponding instructions.”
Bitcoin Core Members Urge Users to Upgrade to Version 25.0 or Higher, Discuss New Vulnerability Disclosure Policy
Bitcoin Core’s Optech Newsletter #306 advised users to “upgrade to Bitcoin Core 25.0 or higher within the next two weeks, with the latest version being 27.0.” Several Bitcoin Core project members discussed a new policy regarding vulnerability disclosure. If Bitcoin Core releases a new version, low-severity vulnerabilities will be disclosed approximately two weeks after the new version is released, while most other vulnerabilities will be disclosed after the affected version’s expiration.
Personal Insights
Uniswap Founder: Ethereum L2 Should Not Focus on Immutability Until L1 is Ready
Uniswap founder Hayden Adams wrote on the X platform yesterday that L2 chains focusing on Ethereum scaling should not prioritize immutability until the Ethereum blockchain is ready. Adams stated, “Ethereum L2 should not be immutable. It’s been 10 years, and L1 has not prepared for immutability.” He further added that expecting L2 networks to “never upgrade or force large-scale migrations again” is “meaningless.” He explained, “If some migrate and some don’t, the nature of how users and applications interact on L2 chains will disrupt composability.” The Ethereum Foundation has stated that L2 chains are part of its scaling plan, with NFT market Rarible’s ecosystem lead Jonathan Colón calling L2 networks a “money grab.” Adams responded, “The whole plan to scale Ethereum is ‘L2’, either make them work or change the roadmap (I prefer the former). Calling them a money grab or saying they need immutability won’t change that. They’re costly to build, and L1 hasn’t funded this work.”
Crypto KOL TOBI: Alleged ZK Token Delegation Functionality Deployed in ZK Nation
Crypto KOL TOBI posted on the X platform that the alleged ZK token delegation functionality has just been deployed in ZK Nation.
LayerZero CEO: Welcomes Witch Hunters to Publish High-Quality Reports, Will Make Efforts to Complete Review Work
LayerZero CEO Bryan Pellegrino stated on the X platform, “Last weekend was mainly about deleting some low-quality witch reports, and now I want to focus on high-quality reports. If you are a witch hunter and after reviewing our approved and rejected reports, you believe your report is excellent… please go ahead and publish it. Although we are making every effort, we may not be able to review all reports 100%, which is a very realistic possibility. We will definitely complete most of them, but may not be able to complete all, so I want to ensure we receive high-quality reports.”