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BlockBeats News, June 20th, according to PeckShield monitoring, a flash loan attack occurred on the OLPC/LABUBU liquidity pool on PancakeSwap on the BNB Chain, resulting in approximately $1.1 million in losses. The attacker subsequently transferred the stolen funds to the Ethereum network and deposited 633.4 ETH into Tornado Cash. They also sent 0.0221 BNB and 0.0411 ETH to a blackhole address (an unusable burn address).

However, in a report titled "The Art of Capitulation," Jefferies strategist Christopher Wood believes that despite the positive market reaction, Jefferies does not consider the ceasefire agreement to be sustainable. The report suggests that any agreement perceived as overly favorable to Iran may face resistance from some within Washington's national security apparatus. This resistance could complicate implementation efforts and undermine the long-term viability of the agreement.

According to Globenewswire, Nasdaq-listed Lite Strategy led a $1 million strategic investment in LitVM, obtaining governance participation rights and potential subscription opportunities for future tokens. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funding supports the introduction of smart contract capabilities and a programmable application layer to Litecoin after LitVM's mainnet launch.