This month, the Bitcoin hashrate dropped by 15% in the middle of a summer heat wave that highlighted the United States electricity network. Crypto hacks and exploits accumulated record figures, costing investors and platforms $ 150 million in June only.
In addition, companies have followed the example of the Bitcoin (BTC) promoter and the executive president of the Michael Saylor strategy by adding BTC to their balance sheets. According to industry monitoring services, there are now 250 companies that have a form of Bitcoin treasure.
The regulators in Asia soften their position on the crypto, the new laws occurring exemptions and authorizations for the crypto tax for the issue of stable in four different countries, notably Hong Kong and South Korea.
In the United States, legislation has progressed at the state level, with 10 states working on laws to include crypto in their commercial code, establish Bitcoin reserves and study further on how crypto could affect the economy of their state.
Here is June by figures:
Bitcoin hashrate is down 15% in June
The hashrate of the Bitcoin network, the measurement of the total computing power on the Bitcoin blockchain, experienced a significant drop of 15% over the month.
From the month, around 942.6 million terahashes / second (TH / S), the current rate is 799 million TH / S. Observers of the net decrease which speculate on the possible reasons of the decrease, which was the steepest fall than the Hashrate of Bitcoin has seen in three years.
Although some have hypothesized that possible reason could be Israel’s attacks on Iran, which have targeted critical infrastructure, including those that Iran could use to exploit Bitcoin, the connection is low.
The hashrate was already in decline, and the United States, which has much more mining activity, have experienced electricity prices because of its first summer heat wave. The increase in cooling demand will see prices increase and the catering capacity disappears, which could lead minors to operate on thin margins to return the switch to their operations until things cool.
The cost of crypto hacks increased by $ 150 million in June
Cryptographic hacks become more advanced and, in June, $ 150 million was lost against hacks and exploits.
In June, the losses brought the total amount of the crypto lost in hacks and exploits this year up to $ 2.15 billion, according to a TRM Labs report – $ 500 million more as the same period for 2024.
According to TRM, infrastructure attacks, including “theft of private keys and seed phrases and the frontal compromise”, represented 80% of the losses in 2025.
Consequently, protocol attacks – that is to say attacks which “target vulnerabilities in intelligent contracts of a blockchain protocol or basic logic”, including flash loans and reversal attacks – represented only 12% of losses.
The TRM has drawn particular attention to “the escalation of the strategic intention of state actors and other groups with geopolitical motivation”, which, according to it, requires more collaboration and the need to “strengthen basic security – multifactorial authentication (MFA), cold storage and frequent audits”.
250 companies hold the BTC on their balance sheets
An increasing number of companies add bitcoin to their balance sheets after seeing the success of the software business strategy. Some 26 companies have added the asset to their balance sheet, which brought the total number of companies with Bitcoin in their treasury bills to 250.
Michael Saylor launched the idea of putting Bitcoin on the balance sheet of a business. The actions of the strategy have since evolved into a proxy instrument for investors in order to expose themselves to Bitcoin.
In relation: Michael Saylor’s strategy has 91% chance of joining S&P 500 in Q2: Analyst
Saylor’s tactics to issue debts to finance these Bitcoin purchases has gained ground; The share price of the strategy company, despite an increase in emissions, continued to grow. In June, MSTR won 6%.
Not all observers are convinced of the strategy. A June Capital Company (VC) Breed reported that few Bitcoin cash companies would last. The company posed a cycle in seven stages, launched by a hypothetical and culminating bitcoin price accident in the Liquidations of the BTC and the panic of the market.
Four countries across Asia make sculptures for crypto
Four different jurisdictions across Asia made friendly political changes in crypto in June. In Thailand, the cabinet – the main body of the government’s executive branch – approved a proposal from the Ministry of Finance to exempt the Capital Gains Crypto until December 31, 2029.
In South Korea, the Democratic Party in power of President Lee Jae-Myung proposed the basic act of digital assets to keep a campaign promise to allow the issuance of stables. The bill would allow companies of $ 368,000 in clean capital-space-space to issue stablecoins, as well as provide reimbursement guarantees.
On June 20, the Governor of the South Korea Central Bank said that he was not opposed to the issue of a Won Stablecoin, saying that “the delivery of Stablecoin Won could facilitate exchanging them with a dollar stablecoin rather than working to reduce the use of Dollar Stablecoin.”
Malaysia has launched a regulatory sandbox called Digital Asset Innovation HUB, while in Hong Kong, the regulators of values
Five large cryptography companies obtain licenses around the world
The adoption of cryptography at the government level increases, but this also means that there are new and evolving license frameworks that cryptographic companies such as exchanges must secure to stay in business and enter new markets. In June, five large cryptographic companies obtained licenses in different jurisdictions.
Coinbase, Gemini and Kraken all have secure licenses in the EU within the framework of the regulatory framework of markets in Crypto-Sets (Mica). Certification will allow them to serve customers in European markets.
Recent: Coinbase secures the Mica license, names Luxembourg as the EU headquarters
Bitget obtained a license in the country of the Caucasus in Georgia, while the firm linked to the payments of Crypto Moonpay marked a bit applying New York State regulators in the United States.
Fintech firm ant Group and e-commerce giant jd.com are looking for certifications related to stablescoins. Ant Group said that he was currently looking for licenses in Hong Kong and Singapore, while the founder of JD.com, Liu Qiangdong, announced a large surge of global certification to enter the space of Stablecoin. It is not yet clear if or where JD.com is looking for a license.
Seven states adopt laws related to crypto in the United States
While the cryptography industry was able to have a federal victory this month, the Act respecting engineers adopting the Senate on June 17, seven states have made progress on their own lawyer linked to crypto.
Oregon has changed the laws of the abandoned goods to include cryptocurrencies. Colorado has done the same thing while adopting a law which obliges the owners of automatic crypto counters to disclose certain information to customers, as well as to provide reimbursements in the event of fraud.
The Governor of Texas, Gregg Abbott, has signed the Bitcoin Reserve Bill of the State while adopting a law which requires that crypto be confiscated if it is linked to crimes or criminal crimes.
Louisiana has set up a license structure for suppliers of cryptographic kiosks while establishing a subcommittee to study blockchain, crypto and artificial intelligence.
Connecticut has updated the rules and requirements for the transmission of money to include crypto, in particular cryptographic kiosks, and has introduced license requirements for the same. The Rhode Island Voisin has also introduced standards for automatic distributors of cryptographic tickets, and has created a special legislative commission to study blockchain and cryptocurrencies.
Florida seems less eager to pass rules of cryptographic kiosk. H0319, a bill forcing Bitcoin kiosks to register with the financial regulation office, died in committee.
Review: Korea of Crypto Pirates from North Korea TES Chatgpt, Malaysia Road Money Siphone: Asia Express
