Assemble AI

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Assemble AI

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The News Intelligence Every Crypto Agent Calls. - http://ns3.ai | Breaking Alerts | AI News Analysis & Market Summary

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Publicaciones

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MSUSD Depegs to $0.36 as Morpho Oracle Is Expected to Pause

Main Street USD (MSUSD) depegged to $0.36 after falling 64.1% in the past 24 hours, according to Mainstreet monitoring. Mainstreet said assets remain fully backed and called the offline reserve proof dashboard an infrastructure and reporting-level issue. The oracle supporting the Morpho market is expected to pause within the next 24 hours, which will accelerate leveraged loop lending unwind and increase borrowing rates.

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A South Korean petition to abolish virtual asset taxation has gathered 58,571 approvals. The petition will be submitted for deliberation at the relevant committee's first meeting after 30 days.

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JD Vance said Trump supports a U.S. sovereign wealth fund that would hold equity in frontier AI companies. Musk said direct Treasury payments to the public would be a better response to future AI-driven deflation.

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Polymarket Accused of Using Fake Profit Videos to Reach U.S. Users

Polymarket has been accused of using simulated trading videos and fake profit claims to promote its prediction market platform to U.S. users. Creators allegedly used sites resembling Polymarket's website, and some videos required Polymarket approval before posting. Polymarket has not issued a public response to the allegations.

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Tesla officially filed a trademark application for "Amazing Abundance." The application covers AI, humanoid robots, autonomous driving systems, and automation technology.

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Crypto analyst Murphy said Strategy does not currently face a preferred stock solvency crisis. Murphy said Bitcoin would need to fall to $26,000 to breach the preferred stock tier and $8,000 to breach the debt tier.

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MEV bot Jaredfromsubway.eth lost over $7.5 million in a reverse attack. The roundup also included Tether co-founder comments on stablecoin reserve yields and Hyperliquid's settlement of all USDH-denominated markets on HyperCore.

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Gaming tokens strengthened across the blockchain gaming sector over the past 24 hours, with AXS, SAND and MANA each rising more than 20%. OKX market data showed AXS leading the move with a 23.43% gain.

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Iran War Costs May Push Pentagon Spending Toward $80B

Internal U.S. Department of Defense estimates suggest the Iran war and related costs may have approached $80 billion. Officials warned the Pentagon could face operational funding shortfalls by summer if spending keeps expanding. No formal budget request has materialized, but senior defense officials have raised the gap with Congress.

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PeckShieldAlert monitoring showed the JaredFromSubway attacker transferred 1,000 ETH to Tornado Cash after stealing assets worth approximately $7.5 million. The attacker stole WETH, USDC, and USDT, then swapped some assets for 4,400 ETH.

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South Korea's preliminary export data for June 1-20 showed SSD exports up 405% year-on-year. Citrini analyst jukan said DRAM, NAND flash, and MCP also posted triple-digit year-on-year gains.

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Jaredfromsubway.eth lost more than $7.5 million after hackers targeted its automated execution system. Blockaid described the incident as an anti-MEV honeypot attack. The attacker deployed 66 fake token contracts and false liquidity pools over several weeks.

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Cuban Foreign Minister Rodriguez said the U.S. government has no authority to judge Cuba’s reform measures. Rodriguez said Cuba’s measures are based on national sovereignty and self-determination.

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Michael Saylor said Strategy’s STRC was largely designed with AI, while recent attention followed a drop as low as $82.7. Saylor said he wanted a monthly preferred stock that could remain stable at 100. STRC closed at $88.8.

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Jaredfromsubway.eth was drained for more than $7.5 million after an attacker exploited its automated MEV execution system. Blockaid said attacker-controlled contracts tricked the bot into granting token approvals that were later used to drain funds.

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Galaxy Research Head Splits Tokenized Stocks Into Two Support Models

Galaxy Research Head said tokenized stocks broadly fall into issuer-supported and third-party-supported models, apart from Operate. The post cited GLXY as issuer-supported and Ondo and xStocks as third-party-supported, while Coinbase has announced a version without operational details.

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Axelar Says Incident Came From Third-Party Infinite Mint Bug

Axelar Network said a recent security incident came from an infinite minting vulnerability in a third-party token contract. Axelar said neither Axelar Network itself nor the IBC protocol was attacked or compromised. The affected contract was a forked CW20-ICS20 implementation that removed two core security checks and had no new security audit.

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Ethereum MEV bot JaredFromSubway lost approximately $7.5 million after attacker-controlled contracts tricked its automated execution system. Blockaid said the attacker used remaining allowances to drain WETH, USDC, and USDT from the bot.

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MSUSD Plunges 85% While Morpho Market Hits Full Utilization

PeckShield said MainStreet Finance-related MSUSD fell as much as 85% while the Morpho msY/USDC market reached 100% utilization. AlphaUSDC Delta V2 has about 30% exposure, or about $18 million, to the market. The sell-off follows Accountable’s termination of its verification agreement with MainStreet Finance. MainStreet said its assets remain fully backed and has deployed over $8 million USDC to support liquidity.

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Secret Network Axelar Bridge Drained for $4.67M in Infinite-Mint Exploit

An attacker drained roughly $4.67 million from Secret Network's Axelar bridge through an infinite-mint exploit in a custom token contract. Common Prefix said the June 10 attack went undetected for seven days until a normal Axelar transfer failed on June 17. Axelar disabled the Secret and Secret-SNIP connections after discovery and said its core protocol was never affected.

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