Global leader in AI and computing, Super Micro Computer (SMCI) has had its shares fall by about 10% in after-hours trading on Tuesday after the server maker announced plans to raise $7 billion in new financing to fund its growing AI hardware backlog. The capital raise involves two phases, with the initial phase being an...

More than 10,000 people living near a Southaven, Mississippi facility that powers xAI’s data center operations are suing xAI and SpaceX, alleging that gas-fired turbines produce round-the-clock noise that has damaged their health and property values. The federal lawsuit, filed Tuesday in Oxford, Mississippi, names xAI, its subsidiary MZX Tech, and SpaceX as defendants. Elon...

A new push to overhaul U.S. crypto tax rules is facing growing resistance in Congress, as a House hearing on six separate bills exposed sharp divisions between Republicans, Democrats, and the crypto industry. While Republican lawmakers have pushed for faster action to modernize crypto tax treatment and provide clearer rules for investors and companies some...

U.S.-registered trading platform Kalshi said some of its traders would be required to disclose their employers when they speculate on the outcome of market outcomes related to corporate earnings, new product introductions and national security-related topics, among others, spokesman said Tuesday. The new compliance layer follows recommendations from Kalshi’s Independent Surveillance Audit Committee, which identified...

Strive CEO Matt Cole and former Binance chief Changpeng Zhao, popularly known as CZ, have both voiced defiance against Bitcoin’s bearish momentum on Monday, even as the cryptocurrency trades roughly 50% below its October 2025 record high of over $126,000. CZ posted on X that “Bitcoin won’t be ‘dead’ for too long,” adding a reference...

Databricks is set to raise fresh capital at a valuation between $165 billion and $175 billion, despite being valued at $134 billion just four months ago.  Alongside this, OpenAI, Anthropic, and SpaceX are all aiming for valuations near or above $1 trillion, adding to a trend of AI firms setting astronomical valuation targets and hitting...

AI giant Anthropic has on Monday released Claude Fable 5, a general-access version of its Mythos-class AI, which the company claims outperforms every model it has previously made publicly available. In addition, a restricted variant of the Mythos AI called Claude Mythos 5 will ship to US government cyber defenders through the existing Project Glasswing...

Senator Elizabeth Warren has sent a letter to the Commodity Futures Trading Commission (CFTC) chairman Michael Selig on Monday, demanding documents related to the agency’s handling of cryptocurrency and prediction market regulation amid what she called “unprecedented presidential corruption.” In the letter, Senator Warren, the top-ranking Democrat on the Senate Banking Committee, pointed to a...

Bitcoin (BTC) dropped near $61,000 on Tuesday, with the latest sell-off pushing long-term market indicators toward levels historically associated with bear-market bottoms, according to a report by K33 Research.

Donald Trump told reporters yet again that a deal to end the war he and Israel started with Iran could be reached in “two or three days,” even as the Middle East ceasefire cracked over the weekend and traders pulled back from oil and gold. He said the Strait of Hormuz would reopen “immediately” after...

It is June 2029, the crypto market is in full-blown winter, yet the Trump family’s crypto money looks far safer than Bitcoin and the stocks tied to one of their biggest crypto-related deals. Eric Trump and Donald Trump Jr. helped launch a public-market crypto play in August, but less than 10 months later, the company...

U.S. stocks fell Tuesday as the S&P 500 dropped 0.9%, the Nasdaq lost 1.8%, and the Dow slipped 84 points. Chip stocks dragged the market lower after Monday’s rebound faded, with the iShares Semiconductor ETF down nearly 6%. Micron and Broadcom fell again as investors stayed worried that the AI chip rally had moved too...

Morpho, a decentralized lending protocol and Aave’s closest competitor, successfully raised $175 million in a new funding round held yesterday, June 8, 2026. The round was co-led by notable investment companies, including Paradigm, a16z crypto, and Ribbit Capital, moving the project’s valuation up to $2 billion. According to cofounder Merlin Egalite’s post on X, this...

An attacker has exploited a governance misconfiguration in the Token of Power (TOP) Aragon DAO. They reportedly used majority voting power to mint tokens and drain roughly 944 WETH, which is worth around $1.58 million, from a Balancer V1 liquidity pool on Ethereum. Various blockchain security firms flagged the incident, relying on the effective vector,...

Japan’s SBI Shinsei Bank is planning a new program geared at giving its customers vouchers redeemable for cryptocurrency after they complete deposits, turning one of Japan’s largest banks into a possible crypto on-ramp for millions of customers saving money with the bank starting June 10. The program, first reported by Nikkei, offers vouchers worth 20%...

Zcash (ZEC) gains momentum and trades near $470 at the time of writing on Tuesday, shrugging off a broader risk-off mood primarily driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.

Three of Japan’s biggest banks, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, are in line to co-issue a stablecoin pegged to the Japanese yen before the end of Japan’s fiscal year 2026 in March 2027, according to reports coming out of Japan. The three financial institutions are close to signing a formal...

Cross-chain bridges have been a lucrative target in crypto. In April 2026, Kelp DAO’s LayerZero-powered bridge was hacked for $292 million in rsETH. This begs the question of what the right bridge really entails. This guide breaks down the cross-chain options worth using in 2026, what each actually does under the hood, and how to...

Foreign investors have sold more than 90 trillion won ($62 billion) in South Korean stocks so far in 2026, but domestic retail buyers have matched them nearly dollar for dollar.  Local traders recently experienced a “Black Friday” where roughly 1.24 trillion won ($801 million) in foreign outflows from KOSPI-listed shares alone was recorded.  South Korean...

Ripple (XRP) hovers above $1.15 on Tuesday, following a rejection near $1.20. The remittance token mirrors the broader risk-off mood, with Bitcoin (BTC) stalling around $63,000 and Ethereum (ETH) trading below $1,700.

Cryptocurrency prices trade amid persistent selling pressure on Tuesday.

The Flooring Protocol exploit from June 8 got a sequel earlier today when Asterix, a fork of the NFT liquidity platform, became the victim of an exploit that drained roughly $40,000 in assets.  The exploit news sours the mood after white hat researchers reported having helped claw back more than $500,000 in blue-chip NFTs from...

SAHARA token declined by almost 60% within several hours on June 9. This comes in over investors’ concerns around insider selling following an increase in massive token transactions on-chain. The token dropped to as low as $0.07 at one point. Such an event took place at the height of the trend of deleveraging in the...

Venice (VVV) is losing momentum, hovering near $16 at press time on Tuesday, after a rally of around 1,500% over the last six months. The easing of buying pressure is supported by declining token staking, burning, revenues, and retail interest, triggering a near-term sell signal.

Bitcoin (BTC) trades slightly lower on Tuesday after encountering resistance near $64,000, a key technical barrier that is capping its recovery.

Bitget has raised about $191 million in net capital inflow in the last seven days, according to data from DefiLlama. This makes it second only to OKX for centralized exchanges. This capital flow followed Bitget launching its Stocks 2.0 offering on June 4, a tokenized equities product that allows users to trade blockchain-based versions of...

Volodymyr Nosov, founder and president of W Group and WhiteBIT, has acquired a significant stake in Dutch luxury sports car manufacturer Spyker. As part of the transaction, Spyker will become part of the global W Group ecosystem, marking the group’s expansion beyond fintech and digital assets into premium manufacturing and luxury mobility. For W Group,...

Capital Rebound, Mega-Rounds Return, Kalshi & Dunamu Lead $9.6B Month $3.52BVC Capital 83VC Deals +408%MoM Capital +19%MoM Deals 1. Crypto Fundraising Trend MoM Crypto Fundraising Rebounds: May Capital Surges 431% to $3.52B as Mega-Rounds Return May 2026 reversed the spring slowdown decisively, with $3.52B raised across 83 VC rounds — a 408% capital jump from...

Humanity Protocol lost up to $31m from 19 drained wallets, after exposing the keys to some of the team's holdings.

Victory Giant Technology’s stock price has shown an evident fluctuation over the last two days. This comes amid a scandal surrounding its CEO, which made it to the market and led to a worldwide sell-off, hitting the semiconductor industry.  The company’s stock price dropped by 6 percent on Monday; however, it jumped by 8.7 percent...