[News Brief] Apr 22, morning | Talks Planned on Applying 0% Capital Gains Tax to Early Bitcoin Payments

More Than 17 Wallets Linked to Humanity Protocol Hacked, Estimated Loss Reaches $19 Million

According to PANews, on-chain analytics firm Specter said wallets linked to or interacting with Humanity Protocol are being targeted in hacking attacks.

Specter estimated that more than 17 wallets holding H tokens were affected, with total losses exceeding $19 million.

The motive behind the attack has not been confirmed. However, based on the attack pattern, it has been suggested that the affected wallets may have shared common exposure to risks related to Humanity Protocol.

U.S. House to Discuss Capital Gains Tax Exemption for Small Bitcoin Payments

The U.S. House of Representatives is reportedly set to discuss a plan to exempt small Bitcoin payments from capital gains tax, effectively applying a 0% tax rate in such cases.

According to source @pete_rizzo_, the core issue is whether to apply a de minimis exemption to reduce the tax burden arising from Bitcoin payments.

If adopted, the measure could lower the tax burden on small Bitcoin transactions and increase Bitcoin’s utility as a payment method. However, the proposal is still under discussion, and there is no certainty that it will pass into law.

HSBC Considers Launching Stablecoins Denominated in Non-HKD Currencies

HSBC is considering offering stablecoins denominated in currencies other than the Hong Kong dollar, according to Odaily.

George Gu, Global Head of Custody Product at HSBC, said that if launched, the product could improve cross-border remittance services between Hong Kong and other regions. The bank is also reviewing interoperability with other regulated stablecoins in Hong Kong.

Gu added that HSBC plans to launch a Hong Kong dollar stablecoin as early as the second half of the year. The issued stablecoin is expected to be integrated into investment and payment processes within the bank’s app and used for investment in tokenized assets.

Circle Launches Ethereum-Based cirBTC Targeting Institutional DeFi

Circle has launched Ethereum-based cirBTC aimed at the institutional DeFi market.

According to PANews, cirBTC is backed 1:1 by native Bitcoin held in custody by Circle, with on-chain reserve data provided through Chainlink Proof of Reserve.

cirBTC is integrated into Circle Mint for issuance and redemption. Circle plans to build an operating model that combines USDC liquidity with Bitcoin collateral and expand to multiple blockchains in the future through Arc.

U.S. Government to Discuss Concerns That Parts of CLARITY Act Could Weaken Illicit Finance Enforcement

According to Odaily, U.S. government officials are scheduled to meet with law enforcement representatives at the White House on Wednesday to discuss concerns that certain provisions of the CLARITY Act could make it harder to combat illicit finance.

The main issue is a developer protection provision derived from the Blockchain Regulatory Certainty Act. This provision, along with ethics-related clauses, is considered one of the key hurdles that must be resolved before the bill can move to a full Senate vote.

Several Democratic lawmakers have reportedly said they will not support the bill unless law enforcement concerns are adequately addressed. The crypto industry has previously engaged in lobbying efforts for the bill, including town hall meetings featuring former law enforcement officials.

Spot Ethereum ETFs See Daily Net Inflow of $82.37 Million

PANews, citing SoSoValue data, reported that spot Ethereum ETFs recorded total net inflows of $82.3717 million on June 8, U.S. Eastern Time.

The largest inflow went to Fidelity’s FETH, which attracted $28.5672 million in a single day. FETH’s cumulative net inflows reached $2.155 billion.

BlackRock’s ETHB followed with net inflows of $26.8973 million, while VanEck’s ETHV saw net outflows of $3.6975 million.

As of the time of reporting, total net assets of spot Ethereum ETFs stood at $9.359 billion, and cumulative net inflows were calculated at $11.283 billion.

Spot Bitcoin ETFs Record Daily Net Outflow of $91.37 Million

Spot Bitcoin ETFs saw a total net outflow of $91.3736 million on June 8, U.S. Eastern Time, according to PANews citing SoSoValue data.

The largest net outflow came from BlackRock’s IBIT, which lost $233 million in one day. IBIT’s cumulative net inflows were tallied at $62.237 billion.

By contrast, ARKB from ARK Invest and 21Shares posted net inflows of $63.1412 million, while Fidelity’s FBTC brought in $59.3749 million.

At the time of reporting, total net assets of spot Bitcoin ETFs stood at $79.633 billion, representing 6.26% of Bitcoin’s total market capitalization. Cumulative net inflows were $53.849 billion.

Haedal Temporarily Suspends Contracts After Detecting Abnormal Liquidity Reduction in Some Vault Pools

Haedal announced on the 9th that it had temporarily suspended related contracts after detecting abnormal liquidity declines in some vault pools.

According to PANews, Haedal said it is investigating the cause to prevent further damage and explained that the impact is limited to a small number of vault pools. It added that other products remain safe and unaffected.

Haedal also said it will fully cover the direct losses caused by the incident and disclose a detailed investigation report once the analysis is complete.

Binance to Launch Five USDT Perpetual Contracts Based on Traditional Finance Assets Including Netflix and Costco

Binance Futures will sequentially launch five USDT perpetual contracts based on traditional finance assets such as Netflix and Costco on the 9th.

According to PANews, Binance Futures will list the Netflix USDT perpetual contract at 6:00 p.m. on June 9, 2026, followed by Costco Wholesale at 6:05 p.m., Sprott Uranium ETF at 6:10 p.m., Hims & Hers Health at 6:15 p.m., and eBay at 6:20 p.m.

All contracts support leverage of up to 20x. The launch reflects a broader trend of crypto exchanges expanding into derivatives tied to traditional financial assets such as stocks and ETFs.

Binance Research Says Tokenized RWA and Crypto Payments Are Expanding Rapidly

Binance Research said in its June market analysis report that tokenized real-world assets (RWA) and cryptocurrency payments are expanding rapidly.

According to PANews, Binance Research estimated that the size of active tokenized RWA has increased by about 589% since the beginning of 2025, with bonds and money market funds accounting for most of the dollar-denominated growth. The public equity-related segment recorded the fastest growth, rising 422%.

The report said crypto card transaction volume exceeded $747 million in May, up 48.6% from the beginning of the year. This far outpaced the 3.2% increase in stablecoin supply over the same period.

By blockchain, BNB Chain and Solana accounted for the majority of crypto card transaction volume. Ethereum held 53% of stablecoin supply, but represented only 12% of card transaction volume.

The report added that the crypto market correction in May was influenced by macroeconomic factors, and that Bitcoin tested key moving averages and support zones held by short-term holders.