June 28, 1998 - June 29, 1998
Looking for his first piece of WWE gold, Kane challenged Stone Cold for the WWE Championship at the 1998 King of the Ring. Before the match between Stone Cold and Kane could even begin, Mr. McMahon promised that there would be a new WWE Champion when all was said and done. This was a First Blood match, which did not bode well for Stone Cold, since Kane was wearing a mask. To make matters even worse for Austin, a cage mysteriously lowered and surrounded the ring. The cage was already present because earlier in the evening Undertaker met Mankind in the now-famous Hell in a Cell Match in which Mick Foley was thrown off the cage through an announce table. During the match, Mankind came down to the ring to try and take out Stone Cold due to past differences, but Stone Cold connected with a Stone Cold Stunner. Undertaker also made an appearance, as he tried to take out Mankind. He swung at him with a chair but hit Stone Cold instead, busting him wide open. The referee was knocked out during all of the commotion, but when he came back to, he saw Stone Cold’s blood and called for the bell.
Kane's reign as WWE Champion only lasted one day, as he lost the title back to Stone Cold the next night on Monday Night RAW.