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...

Kalshi, a prediction market platform, is in talks for a new capital raise that could bring its valuation to about $40 billion, according to the Financial Times. The new round could be completed as soon as Q3 2026 and would nearly double the valuation of the platform from its $1 billion Series F in just...

Pi Network (PI) price remains under downside pressure amid declining social interest, likely influenced by the broader market risk-off sentiment. The upcoming Pi2Day on Sunday marks the first-year anniversary of Pi App Studio, Ecosystem Directory Staking, and other network updates.

Ripple (XRP) remains under pressure, trading at $1.06 on Thursday after losing nearly 5% so far this week. Ripple and SBI Group partnered to launch RLUSD stablecoin in Japan following approval from the Japan Financial Services Agency (JFSA) on Thursday, but the move failed to lift sentiment.

Aave (AAVE) extends its rally, trading above $81 on Thursday after closing above its key resistance and surging more than 10% the previous day. The bullish move is supported by improving on-chain metrics, with USDT deposits flowing back into the protocol and strengthening its lending ecosystem.

The broader cryptocurrency market remains under intense selling pressure, with Bitcoin (BTC) back at $60,000 for the third time this year. On-chain data shows selling pressure from large-wallet investors, commonly referred to as whales, while total liquidations hit nearly $1 billion in 24 hours.

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San Francisco-based Ground emerged from stealth on June 24 with $3.6 million in a pre-seed round co-led by Bain Capital Crypto and ParaFi. The financing closes a fundraise that began in September 2025 and wrapped the following month under a SAFE structure with token warrants. No investors received board seats or advisor positions. The startup...

Micron Technology (NASDAQ: MU) turned AI memory demand into a monster fiscal third quarter, with revenue of $41.46 billion and adjusted earnings of $25.11 per share. That was far above the $35.84 billion in revenue and $20.78 in adjusted EPS expected by analysts tracked by London Stock Exchange Group (LSE: LSEG). The stock jumped 15%...

The crypto market has erased more than half of its value since reaching an all-time high in late 2025. The decline underscores the severity of the recent bear market and lack of a fresh catalyst to revive investor interest, according to a Wednesday X post by The Kobeissi Letter.

Ethereum (ETH) has fallen toward the $1,600 level, down over 3% on Wednesday as risk-off signs persist across key onchain metrics.

President Donald Trump has refused to sign Congress’s bipartisan housing affordability bill, freezing a four-year prohibition on a Federal Reserve digital dollar.  The President’s refusal also puts the much-anticipated CBDC ban and CLARITY Act on hold, raising questions about whether the bills will pass before the Senate breaks for summer. Trump cancels housing bill signing ...

Wall Street giant Morgan Stanley has yet again raised its forecast for the humanoid robot shipments from China in 2026. The bank started 2026 predicting 14,000 Chinese humanoid robot shipments. By early spring, it doubled that to 28,000.  Now, Morgan Stanley expects 50,000 humanoid robots to ship from China this year, citing the quick pace...

The common shares of Strategy (MSTR) fell below $100 on Wednesday for the first time since March 2024, extending losses as Bitcoin's (BTC) prolonged decline continues to weigh on investor perceptions of the company's leveraged crypto strategy.

Baton Corporation, the UK-registered company behind Solana memecoin launchpad Pump.fun, posted a job listing on June 24 for a Chief Legal Officer (CLO) with a salary range of $1 million to $5 million per year. Co-founder Alon Cohen promoted the opening, stating that they are searching for someone who can own the company’s regulatory and...

360 Security Technology, one of China’s largest cybersecurity firms, has announced two AI-powered security tools with claims that they can rival Anthropic’s Mythos vulnerability-detection system, stating that the American model is a strategic threat Beijing must answer to. Founder Zhou Hongyi introduced the tools at the ISC.AI 2026 cybersecurity conference in Beijing under the collective...

A humanoid robot was filmed kneeling on a sidewalk, bowing to strangers, and asking them to cover its electricity costs.

U.S. humanoid robot maker Agility Robotics is preparing to go public on Wall Street through a SPAC merger deal with Churchill Capital. Agility announced Wednesday it has signed a definitive merger agreement with Churchill Capital, a blank check company backed by Wall Street dealmaker Michael Klein. The SPAC deal with Churchill Capital values the company...

The Reserve Bank of India (RBI) has released draft guidelines that would force banks and other regulated financial entities to adopt structures set in place to manage risks tied to artificial intelligence and machine-learning models. These proposed risk management systems will include mandatory kill switches that instantly shut down any AI system producing harmful outputs....

A Chinese supercomputer has become the most powerful in the world, the first time since 2017 that a machine from China has topped a closely watched ranking often seen as a measure of a country’s technological strength. The computer, called LineShine and based in Shenzhen, knocked the American machine El Capitan off the top spot...

Kalshi CEO Tarek Mansour has reportedly confirmed that the prediction market operator will not go public this year, even as the company’s annualized revenue has crossed $2 billion and its private valuation sits at $22 billion. The company has reportedly held informal conversations with investment banks about a future listing. But people close to Kalshi’s...

A Hong Kong district court has rejected Xiao Rui’s claim that part of his money came from selling Bitcoin and found him guilty of laundering more than HK$64 million through underground banking channels.  The 37-year-old son of a former anti-corruption official from Wuhan faces sentencing on July 23 after being found guilty on four counts...

Ortex Technologies, an analytics business, reports that short sellers are increasing their bets that Elon Musk’s SpaceX would continue to decrease after the company’s share price dropped from the highs it attained soon after going public on June 12. The sale took place during a challenging period for the market as a whole. The Nasdaq...

Anthropic released a new Slack integration called "Claude Tag." The new integration lets users tag @Claude in Slack channels and delegate tasks.

Bitcoin has dropped below $60,000 and is now down nearly 20% this month. The total crypto market cap has fallen from $4.3 trillion in October to $2.0 trillion today. Strategy shares hit their lowest level in more than two years as worries grow around its huge Bitcoin holdings. Stocks are mixed as oil prices slide,...

Leading prediction market platform, Kalshi, has filed a federal lawsuit against the state of Illinois, challenging the recently created law that would force prediction market platforms to obtain a state license. The suit, filed in the U.S. District Court for the Northern District of Illinois, has named Governor JB Pritzker, Attorney General Kwame Raoul, and...

Humanoid robots kicked penalty shots at MWC Shanghai 2026 to try real-time AI decision-making.