CRYPTOSTORY 1118· JUNE 21, 2026

Fentanyl-Linked Chinese Network Ran Fake 'Zksync.jp' Token Scam, Nikkei Reports, With Losses Topping $1 Million

A Chinese criminal network previously connected to fentanyl trafficking has been linked to a cryptocurrency fraud operation run out of Japan, Nikkei reported. The group circulated a counterfeit token under the name "zksync.jp" — crafted to…

NDNewsDialy Desk2 MIN READ

SOURCE

theblock.co

← PREVIOUS STORY 1117Philippines Warns China May Be Preparing to Seize Scarborough Shoal NEXT STORY 1119 →GLP-1 Weight Loss Drug Race Heats Up as Pfizer and Amgen Challenge Novo Nordisk and Eli Lilly

Keep reading

More from the desk.

11CRYPTO

Iran relaxes currency export rules in move linked to crypto and US sanctions

Iran has loosened a rule that forced exporters to convert overseas earnings at official exchange rates, the prices a government fixes for currency conversion rather than letting the market decide, before those funds could be used to pay…

crypto1 MIN

19CRYPTO

Bitmine Spends $70 Million More on Ethereum, Now Holds 5.93 Million Tokens

A treasury strategy, in the simplest terms, is a decision to hold a specific asset the way most corporations hold cash, treating it as the company's primary store of value on the balance sheet. Bitmine Immersion Technologies has run one…

crypto2 MIN

23CRYPTO

Visa stablecoin payments hit $20 billion annualized pace, growing more than 15 times in a year

Payments settled in stablecoins, digital tokens designed to hold their value against a reference currency like the dollar, have reached a $20 billion annualized run rate on Visa's network. The pace is more than 15 times what it was a year…

crypto1 MIN

Tomorrow · 06:00

Start tomorrow already ahead.

Five stories, a two-minute read, zero noise — the world before your first coffee.

Get the 6AM brief Back to the desk