A retired man in Florence, Alabama, lost $222,000+ to a crypto romance scam.

A Chinese startup has raised $2.7 million on Indiegogo for a portable device that detects and kills mosquitoes in mid-flight using AI and lasers.

USDT issuer Tether and crypto lender Ledn have laid out plans to let holders of Tether Gold (XAUT) borrow against the it later in the year, which would open a lending channel taking advantage of the stablecoin issuer’s $23 billion physical gold reserve. Tether partners with Ledn Lending platform Ledn announced it will add XAUT...

BitMEX co-founder Arthur Hayes is facing another round of exit liquidity allegations after on-chain observers flagged that his fund, Maelstrom, appeared to offload $1.92 million worth of $CARDS tokens within days of Hayes publicly promoting the project.  The move, which is recognized as using others as “exit liquidity” to get out of a trade, is...

Coinbase’s CEO has proposed experimenting with cheaper open-weight AI models to keep AI spending in check as token consumption climbs. This proposal has led to concerns over the security and geopolitical risks of directing enterprise workloads through Chinese-origin systems. Why are companies using Chinese AI models?  U.S. export controls have made it harder for Chinese...

Apple will not roll out iPadOS 27 to any iPad with an A12 or A12X chip. That leaves five models out in the cold for the company's next tablet OS.

The Monetary Authority of Singapore has placed fast developing decentralized trading platform Hyperliquid (HYPE) on its Investor Alert List on Friday, flagging both the Hyper Foundation website and the Hyperliquid trading application as unlicensed entities operating without regulatory authorization in the city-state. The listing makes Hyperliquid one of the first major decentralized finance protocols to...

The Trump administration is close to lifting restrictions on Anthropic's Fable 5 AI model, Axios reported Friday.

GameStop will continue to pursue its unsolicited eBay takeover, weeks after the e-commerce company’s board dismissed the initial $56 billion cash and stock proposal from the retail gaming company as not attractive and borderline insulting. The video game retailer confirmed that it remained dedicated to completing the deal and said “additional materials regarding the proposed...

ARK Invest CEO Cathie Wood has stated that Bitcoin stands apart from the artificial intelligence trade because it offers protection against sovereign currency risk, something no tech stock can offer. “Capital outflows from less stable countries around the world will light another fire under bitcoin and other digital assets,” Wood wrote on X on June...

Mark Zuckerberg has told Meta executives to pursue potential partnerships with prediction market platforms Polymarket and Kalshi with the company planning the development of its own competing app called Arena. Meta has seen an aggressive push into the prediction markets sector that has exploded since the 2024 U.S. presidential election. Combined trading volume on Polymarket...

Ripple’s chief executive, Brad Garlinghouse shared doubts about whether Strategy’s CEO Michael Saylor has been a positive influence on the broader crypto market during a Friday interview with CNBC. Garlinghouse specifically described the untethering of Strategy’s Stretch (STRC) preferred stock as a “damning indictment. However, the Ripple chief executive maintained that he remains bullish on...

The $292 million KelpDAO bridge exploit in April and the Humanity Protocol private key theft in June were already suspected as connected, as both incidents carried hallmarks of DPRK-linked operations, with fingers pointing to the notorious Lazarus group.  Now, on-chain evidence shows the proceeds of those attacks are now flowing into shared wallets, which is...

Crypto exchanges and service providers might soon be required to collect and share tax-residency data on their users in Hong Kong. Hong Kong lawmakers are considering passing a bill that sets up a way for tax authorities to see crypto activity for the first time ahead of the launch of the country’s first regulated stablecoins. ...

GraniteShares plans to create new leveraged exchange-traded funds (ETF) based on SK Hynix stock for trading on U.S. exchanges. These funds will allow U.S. investors access to a rapidly growing Asian memory chip manufacturer whose share price has increased more than 300% in 2023 because of increasing demand for artificial intelligence products. The proposed funds—a...

Apple is reportedly requesting approval from the White House to buy memory chips produced by ChangXin Memory Technologies (CXMT). The Pentagon lists this firm among the military-linked companies from foreign nations, which means that Apple will have quite a hard time closing this deal. Apple needs to make this request because the increasing cost of...

On June 26, the U.S. Commerce Department approved Anthropic’s request to resume selling Claude Mythos 5 to a select group of U.S. customers, allowing Anthropic to have its previous export-control order partially reversed. Two weeks prior to this order, the company was compelled to remove its two most advanced AI products, Mythos 5 and Fable...

A recent research report by China International Capital Corporation (CICC) published June 26 shows that increased spending on infrastructure for AI and the prohibition by the Chinese government on exporting high purity tungsten are putting pressure on the world’s supply of electronic specialty gases (ESG), which are a critical component needed to manufacture all advanced...

Zhipu’s GLM 5.2 open-source AI model now sits within a percentage point of Anthropic’s Opus 4.8 on a key agentic benchmark at roughly a fifth of the cost, per CNBC. OpenRouter token traffic for the Chinese model is climbing faster than it did after DeepSeek’s V4 launch in April. GLM 5.2 went live to Zhipu’s...

Aave founder Stani Kulechov has announced that the decentralized lending protocol will be expanding beyond crypto-native assets into securities-backed loans and securities lending. “Aave is expanding its TAM from Crypto assets to all assets with Securities-backend Loans and Securities Lending,” Kulechov wrote on X on June 26. This expansion will see Aave V4 become a...

A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir...

Binance is facing a challenge in Europe as the European Union’s new crypto regulations take full effect. The exchange is set to implement possible service restrictions after failing to obtain a MICA license by the July 1 deadline. The cutoff will end the bloc’s transition period for crypto asset service providers. If not approved by...

Ethereum (ETH) trades below $1,600 on Friday following sustained risk-off sentiment across the crypto market. The top altcoin has declined by 6.7% on the weekly timeframe, stretching its 30-day loss to 23.5%.

Ethereum (ETH) treasury company Bitmine Immersion Technologies (BMNR) is set to join the Russell 1000 Index after the close of US markets on Friday, while Solana (SOL) treasury firm Upexi (UPXI) will be added to the Russell Microcap Index when markets open on Monday.​

GMO (NYSE: GMO) co-founder and Wall Street’s most famous bear, Jeremy Grantham, on Friday repeated his long-held negative view of Bitcoin, saying he expects it to slowly disappear over time instead of becoming a lasting part of the financial system. Jeremy has built a reputation by warning about major asset bubbles and has argued that...

Companies that spent the past year pushing employees to use AI tools as aggressively as possible are now struggling to manage the costs.   CFOs are now demanding to see measurable returns on the ever-increasing API bills, threatening growth projections at OpenAI, Anthropic, and other large language model providers.   Why are companies suddenly cutting back on...

The CLARITY Act has become the center of a debate in Washington, with banks, crypto companies, lawmakers, and industry leaders offering different views on the future of U.S. digital asset regulation. The debate continued after JPMorgan CEO Jamie Dimon said banks would oppose the current version of the CLARITY Act because it allows crypto companies...

Following the automated attacks that saw funds leave wallets in SecondFi, Cardano’s wallet provider formerly known as Yoroi Wallet, between June 21 and 23, affected users now have something to cheer about.  SecondFi announced that it has taken a final balance snapshot on June 26 to begin processing refunds for affected users. According to the...

Polymarket says its yearly revenue pace has climbed past $1 billion, a figure revealed as trading activity accelerates across prediction markets. The update arrived just over a month after the company opened access to its regulated U.S. marketplace by removing a waiting list that had been in place since launch. Recently, the FIFA World Cup...

Indonesia has shut down about 4.7 million social media accounts held by children under 16, the country’s communications minister said, as the government’s new rules on young users start to take hold. Officials called the figure an early sign that platforms are beginning to meet their duty to keep children safe online. The deactivations are...