Uniswap received $150 million in stablecoin liquidity from Spark, with the assets set to transition to DualPool, a new custom liquidity hook, according to an announcement on Thursday.

Poland’s Central Bureau for Combating Cybercrime (CBZC) has detained four people in a joint operation with FBI and Homeland Security Investigations (HSI) agents.  Poland’s authorities have charged the four detained individuals with running SIM swap attacks in order to steal from cryptocurrency exchange accounts. They have also been charged with laundering the proceeds through a...

Popular on-chain analyst Specter just reported a major Polymarket breach today that stole up to $2.94 million from about 11 accounts combined. According to Specter, the stolen funds were originally held as PUSD (Polymarket’s USD-pegged collateral token), swapped into ETH and sent to a final address. While 11 victims have been identified so far, the...

Iran is trying to turn the Strait of Hormuz into a paid transit system after the ceasefire tied to Trump reopened the waterway. Tehran wants ships to pay for security, safety, and environmental services while crossing the oil route, with officials putting the possible yearly income at about $40 billion for the countries involved, according...

Tesla plans to increase weekly output at its Gigafactory Berlin by 20% to 7,500 vehicles starting in October.

Apple has shot up the prices of its devices, iPads and Macbooks, on Thursday. Chief Executive Tim Cook had already warned that the higher prices are inevitable. The reason is the heavy memory chip demand, a victim of the AI boom and massive data centers. iPhone had been lucky in this price surge as it...

Hang Ten Systems, a Palo Alto startup founded by former Infosys CEO Vishal Sikka, closed a $32 million seed round on Tuesday.

Swedish electric car maker Polestar (PSNY) says it will stop selling cars in the United States after the Commerce Department blocked its sales in the country. The company, which is owned by Chinese carmaker Geely, said US officials chose not to “grant Polestar authorization under the current US Connected Vehicle Rule.” That decision means Polestar...

Bitcoin crashed to $58,700 on Thursday and now options traders are convinced it will crash as far as $52,000 before the year is over, which would be its lowest level since August 2024. That decline saw Bitcoin fall by almost 52% from its all-time high and left the OG crypto below the $60,000 level, which...

SBI Holdings has agreed to acquire all shares of cryptocurrency exchange Bitbank in a ¥46.7 billion ($289 million) transaction.  This deal would make the combined group Japan’s largest crypto exchange operator by assets under custody. The acquisition runs through SBICAH, a wholly owned SBI subsidiary. How does the deal work? Starting around August, SBICAH will...

Tech giant Amazon has announced an influx of an additional $13 billion into India by year 2030, which aims to improve AI and cloud infrastructure in the Mumbai and Hyderabad regions. This fresh commitment will raise the company’s total planned investment in the country to $48 billion over the next half a decade. Amazon’s new...

The Kraken crypto exchange and Maple Finance have launched an onchain warehouse lending facility that channels USDC liquidity from Maple’s collection of lenders to Kraken’s over-the-counter borrowers, applying the structural framework behind traditional asset-backed securities to crypto lending for the first time. Lending facility details Maple will provide the senior financing through a special purpose...

Markets have not opened yet, but investors are already lining up to take the action on IBM’s stock (NYSE: IBM) as the tech giant revealed what it calls the first chip technology to go under the 1-nanometer technological barrier.  The news has sent IBM shares up nearly 4% in pre-market trading, a necessary shot in...

The European Union is stepping up its regulation of big tech, this time turning its attention to artificial intelligence and cloud computing. On Thursday, the European Commission announced plans to designate Microsoft Azure and Amazon Web Services as gatekeepers under the bloc’s Digital Markets Act (DMA). The two companies are the world’s largest cloud service...

The broader cryptocurrency market remains under immense downward pressure as investors' interest shifts toward lucrative AI and memory stocks. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are holding above their June 6 lows, with bulls hoping short-term resilience will ward off sellers. 

Canopy, an AI-native blockchain development framework, today announced an $8.5M seed round. The funding will support Canopy’s mainnet launch, expand the engineering team, and continue developing its AI-native tooling and developer experience.  Additionally, the company welcomed Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital as key stakeholders through the recent acquisition, bringing in additional...

U.S. Treasury Secretary Scott Bessent said the country’s pressure campaign pushed Iran into talks, claiming the government in Tehran was forced to negotiate after its finances collapsed. “We have laid Iran’s economy to waste, that’s what brought them to the table,” Bessent said while talking about where the American economy goes after the war with...

Security firm Novee has revealed Cordyceps as a class of exploitable CI/CD vulnerabilities across open-source repositories that allowed attackers to steal credentials, push malicious code, and compromise operations at some of the world’s largest software organizations. These vulnerabilities have been found across repositories belonging to Microsoft, Google, Apache, Cloudflare, and the Python Software Foundation, which...

The American Arbitration Association (AAA) and blockchain documentation firm Integra Ledger on Wednesday, June 24, released the Legal Context Protocol (LCP), an open standard designed to attach verifiable legal terms to transactions conducted by autonomous AI agents.  Google, IBM, Circle, Wayfair, and more than a dozen blockchain and infrastructure companies signed on as founding contributors....

Russian authorities are delaying the introduction of a new law regulating cryptocurrency transactions in the country, according to the finance ministry. The legislation was supposed to enter into force no later than the first day of next month. While legalizing crypto investment, it will ban advertising. Russia to miss July 1 deadline for crypto regulation...

Avalanche (AVAX) trades above $6.50 at the time of writing on Thursday, extending its recovery and gaining nearly 7% so far this week. The rebound is supported by improving conditions in the derivatives market despite muted institutional demand.

Europe and Japan have notoriously got the nametag for being some of the strictest regulatory blocs in crypto. Ripple has managed to clear them in a single week. RLUSD went live in Japan on June 24 after the country’s Financial Services Agency signed off, days after Ripple secured preliminary clearance under Europe’s MiCA framework.  The...

Bitcoin (BTC) hovers around $62,000 on Thursday, recovering from a brief dip below $60,000 the previous day.

Ouinex, the user-driven multi-asset exchange, is permanently eliminating commissions on all its traditional finance (TradFi) derivatives products. Unlike platforms that layer fees on top of inflated spreads, Ouinex’s revenue comes entirely from a portion of the spread itself, meaning the platform only benefits when traders receive tight, competitive pricing.  This initiative challenges the prevailing “retail...

The Supreme People’s Procuratorate of China (SPP) disclosed a cross-border narcotics and money-laundering case in which a defendant identified as Li Moubo was sentenced to death after converting more than 48-million-yuan (about $7.04 million) worth of drug proceeds through virtual currencies. The case demonstrates Beijing’s resolve to unleash its heaviest criminal penalties against any crypto-facilitated...

CoinUp founder Queenie Li moved to reassure the platform’s users on June 24 after Binance co-founder Yi He accused an individual linked to CoinUp of impersonation and fraud, triggering fears of an exit scam and sharp volatility in the exchange’s CPX token. The controversy began when Yi He posted on X alleging that a person...

A new AI lab staffed by veterans of Anthropic, OpenAI, Google DeepMind, and xAI has raised one of the largest seed rounds in artificial intelligence history, highlighting continued investor demand for startups pursuing frontier AI research. Mirendil, co-founded by former Anthropic researcher Behnam Neyshabur, raised $200 million in seed funding at a valuation of roughly...

Bitcoin (BTC) recovers slightly, trading at $61,700 on Thursday after reaching a new yearly low of $59,103 and a 21-month low the previous day. This bearish price action is supported by the ongoing institutional sell-off, which recorded an outflow of over $469 million on Wednesday.

By offering commercial banks’ financial incentives for processing payroll transactions via the Bank of Russia’s digital ruble platform, Russia seeks to convince other nation-states that utilizing digital currencies will become popular among consumers. If successful, this plan may encourage countries around the world to utilize digital currencies, as well as challenge the broader narrative that...

The tech company Anthropic claimed that Alibaba was creating fake accounts to circumvent restrictions and get access to their Claude AI system. US-listed Alibaba stock fell about 2.7% to a 52-week low following reports of the allegations, extending the company’s broader 2026 decline. This attack was described by the company as “the largest campaign ever to...