Planet Daily Bitcoin Spot ETF Holds 5 of Total Volume Solana Removes Validators for Sandwich Attack June 11

Top News
Global spot Bitcoin ETF holdings now 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, representing 5% of the total Bitcoin supply.
Solana Foundation: Validators participating in sandwich attacks on users have been removed
The Solana Foundation announced that due to a group of validator operators participating in “sandwich” attacks on Solana users, they have been removed from the delegation program. The removal of these validators aligns with the rules set by the foundation, which prohibit such malicious activities.
0x Research: $67.5 billion BTC and $19 billion ETH withdrawn from exchanges last month
0x Research stated in its latest report that Bitcoin is approaching its range top and faces the challenge of breaking its all-time high. This can be attributed to the Bitcoin halving event on April 20. After the halving, stablecoin minting significantly slowed down, the number of wallets holding over $10 million in stablecoins decreased, hindering Bitcoin from reaching new highs. In the past month, a large amount of Bitcoin ($67.5 billion worth) was withdrawn from exchanges (decreasing by 97,000 BTC). This record outflow was mainly driven by two US-focused exchanges: Kraken (decreasing by 55,000 BTC, approximately $38 billion) and Coinbase (decreasing by 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 Last week, $7.71 billion was withdrawn from exchanges, a significant number compared to the 13,500 BTC issued last month.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 Additionally, a large amount of Ethereum worth $19 billion was withdrawn from exchanges last month.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 In the past week, only $56 million worth of Ethereum was withdrawn from exchanges, indicating a significant slowdown in outflows and a decreasing demand for Ethereum in various forms.
Industry News
Grayscale’s Bitcoin holdings gap with BlackRock widens to nearly 20,000 BTC
Official data shows that as of last Friday, June 7, 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 attempts to prevent malicious acquisition by Riot Platforms through “poison pill” strategy
Bitcoin mining company Bitfarms is adopting a “poison pill” strategy to prevent acquisition by competitors like Riot Platforms. The equity dilution anti-takeover measure, also known as a “poison pill plan,” is designed to prevent the company from being acquired without consent and to reduce its attractiveness. Bitfarms stated that the plan has been approved by the board and “aims to maintain the integrity of its previously announced strategic alternatives review process and is in the best interest of shareholders.”
OKX Star: OKX address book function needs improvement, customers will bear full responsibility for losses due to OKX issues
Regarding a user clarifying new addresses appearing in their OKX account’s address book, OKX CEO Star stated on social media that they often do not remember addresses added a long time ago. If in doubt, please contact customer service for verification. The OKX address book function indeed needs improvement, such as displaying the addition time. Additionally, OKX will continue to bear full responsibility for customer losses caused by OKX issues.
Project News
Binance: CR7 NFT airdrop to take place, all CR7 Forever Worldwide holders can increase rarity
According to official announcements, Binance on the X platform announced an upcoming CR7 NFT airdrop, where all CR7 Forever Worldwide holders will receive 100 free NFTs to increase rarity.
LayerZero CEO: Expected to release final list of witch addresses by the end of June
LayerZero CEO Bryan Pellegrino responded on the X platform to a question about when the witch hunt 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 start pre-game activities tomorrow
Ethereum L2 network zkSync announced on the X platform: “Turn on notifications and follow the ZK Nation community account dedicated to managing, protecting, and growing the zkSync protocol. Pre-game activities start 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 previously held by former CEO will be held in Ceffu with a one-year sales restriction
io.net’s new CEO @MTorygreen announced on the X platform that his primary task is to ensure the successful launch of IO tokens and lay the foundation for the project’s future development. From now on, the IO tokens held by former CEO Shadid will be held in Ceffu, with these tokens subject to a one-year sales restriction from the listing date. At the end of the 13th month after listing, 1/36 of the tokens will be available for sale, unlocking gradually over the next 36 months.
StarkWare ecosystem lead launches Catnet to test Bitcoin Circle STARK Verifier deployment
Starknet core developer and StarkWare ecosystem lead Abdel (@dimahledba) announced on the X platform the launch of Catnet, a custom Bitcoin signet enabling OP_CAT to be used to test the deployment of the Bitcoin Circle STARK Verifier. Abdel added that a Faucet is coming soon.
Security Risks
Cosine: ComfyUI plugin poses risks, recommended to investigate and address promptly
Developer @op 7418 stated: “Check if you have installed the ComfyUI_LLMVISIO 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 Cosine commented on this: “Targeting players to mess with AI… Be cautious of the ComfyUI plugin, if it’s on your computer, follow the corresponding instructions to investigate and address it.”
Bitcoin Core members urge users to upgrade to version 25.0 or higher and discuss new vulnerability disclosure policy
The 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 on vulnerability disclosure. If Bitcoin Core releases a new version, low severity vulnerabilities will be disclosed about two weeks after the new version is released, while most other vulnerabilities will be disclosed after the affected version expires.
Voice of the People
Uniswap founder: Ethereum L2 should not focus on immutability until L1 is ready
Uniswap founder Hayden Adams stated on the X platform yesterday that Ethereum L2 chains focusing on Ethereum scalability should not prioritize immutability until the Ethereum blockchain is ready. Adams said, “Ethereum L2 should not be immutable. It’s been 10 years and L1 is not ready for immutability.” He added that expecting L2 networks to “never upgrade or force significant migrations again” is “meaningless.” He explained, “If there are migrations and some don’t migrate, the nature of user and application interaction on L2 chains will break composability.” The Ethereum Foundation has stated that L2 chains are part of its scalability plan, to which NFT marketplace Rarible’s ecosystem lead Jonathan Colón referred to L2 networks as a “money grab.” Adams responded, “The whole plan to scale Ethereum is ‘L2,’ and we either make them work or change the roadmap (I lean towards the former). Calling them a money grab or saying they need immutability doesn’t change that. They are costly to build, and L1 has not funded this work.”
Crypto KOL TOBI: Alleged ZK token delegation feature deployed in ZK Nation
Crypto KOL TOBI stated on the X platform that the alleged ZK token delegation feature has just been deployed in ZK Nation.
LayerZero CEO: Welcomes witch hunters to release quality reports, will strive to complete review work
LayerZero CEO Bryan Pellegrino stated on the X platform, “Last weekend was mainly about trimming some low-quality witch reports, now I want to focus on quality reports. If you are a witch hunter and after reviewing our approved and rejected reports, believe your report is excellent… please release it. Although we are doing our best, we may not be able to review all reports 100%, this 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 get quality reports.”