Global energy company Chevron has signed a partnership deal with Microsoft to build a dedicated natural gas power facility next to the tech giant’s data center campus in Pecos, Texas, penning a 20-year agreement that could generate up to 2.67 gigawatts of electricity for the data center’s AI workloads. The “Kilby” energy project will pair...

AI companies continue to generate a fraction of the revenue their market caps imply, while investments keep rolling in from both Beijing and Wall Street.  AI labs in both the U.S. and China hold combined valuations approaching $2 trillion despite generating a small fraction of that in actual revenue, with individual firms like Zhipu trading...

South Korea’s internet-only bank Toss Bank has signed an MoU with the Solana Foundation to build and test cross-border remittance infrastructure on Solana. The deal will be a starting point for the third-largest Korean internet bank to gradually integrate blockchain-based digital financial infrastructure into all of its financial services, Park Jin-hyeon, head of strategy at...

KuCoin Pay, the innovative cryptocurrency payment solution from KuCoin, today announced the expansion of its QR-based payment capabilities in Argentina and Peru, enabling users to connect crypto and stablecoins with everyday scan-and-pay experiences.  In Argentina, KuCoin Pay supports the Transferencias 3.0 network, enabling payments through interoperable QR codes from platforms such as Mercado Pago. In...

Bitcoin (BTC) upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash (ZEC) and Bittensor (TAO), indicating a positive short-term turnaround.

On Monday, Bitcoin whale Strategy (NASDAQ: MSTR) announced that it raised its USD reserve to $1.4 billion and bought 520 Bitcoin for $35 million, bringing its total BTC reserve to 847,363 coins. The company’s update covers capital market activity from June 15 through June 21. Michael Saylor, the Bitcoin-loving executive chairman of Strategy, said: “Strategy...

Tencent Holdings (HKEX: 0700) has started putting an AI helper inside WeChat, China’s largest social media platform. The company said on Monday that it is testing Xiaowei inside Weixin, the China-facing version of WeChat, as it tries to keep pace with Alibaba Group (NYSE: BABA, HKEX: 9988), DeepSeek, Zhipu, and other AI players fighting for...

Bitcoin and major altcoins have continued to bleed as some of the biggest buyers pull capital from ETFs.  Spot Bitcoin ETFs recorded nearly $227 million in outflows in the past week, according to market data from SoSovalue. The latest record extends the outflow streak to six straight weeks, although it’s the least amount for that...

Solana still absorbs 95% of spot trading for tokenized equities. Recently, the chain reached $1.29B in weekly trading volumes, after a boos from the on-chain launch of SPCX.

Japan’s Nikkei 225 crossed the 72,000 level for the first time ever today, June 22, riding the high from the 10.5 trillion yen ($65.1 billion) that the Japanese government committed to in a public—private physical AI spending plan expected to spread across 17 strategic sectors by fiscal 2040. The benchmark index closed at 72,353.96, up...

The BoE published its draft Code of Practice for systemic stablecoins on June 22, replacing proposed individual holding caps with a £40 billion per-coin issuance guardrail and raising the permitted share of interest-bearing backing assets from 60% to 70%.

Kleros founder Clément Lesaege has shared a governance proposal on the Ethereum Research forum to fill the funding gap that the Ethereum Foundation’s austerity era has opened, proposing that validators send between 0% and 10% of their staking income toward shared infrastructure projects.  Cryptopolitan previously reported on the scale of the cashflow problem facing the...

Cryptocurrency prices are broadly rising on Monday, with Bitcoin (BTC) reclaiming support above $64,000. Ethereum (ETH) holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple (XRP) is back above $1.13 after testing the $1.12 support level.

Bitcoin (BTC) trades around $64,000 at the time of writing on Monday after declining nearly 4% in the previous week. BTC investors remain cautious despite signs of progress in the first round of US-Iran peace talks in Switzerland.

The operator behind Jaredfromsubway.eth, one of Ethereum’s most prolific automated trading bots, offered a 50% white hat bounty on June 22 after a hacker drained more than $7.5 million from the bot’s wallet using a carefully constructed on-chain honeypot. It proves that bots that exploit regular traders can also be a target for cyber criminals....

Taiko told users to withdraw from all network bridges immediately and asked all centralized exchanges to suspend TAIKO deposits.

Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.

Cyrus Finance is a next-generation multi-platform DeFi ecosystem built on an advanced curve trading model, using AMM V3 optimization.

South Korea’s Financial Intelligence Unit (FIU) informed the Financial Action Task Force (FATF) about the increasing gaps in regulation regarding crypto transfers across national borders and called on all FATF member states to eliminate any minimum transaction threshold required by the Travel Rule. This move would reshape compliance costs for exchanges and trading firms worldwide....

Kalshi has set yet another all-time high when it comes to weekly spot volume, going past $7 billion for the first time, landing at $7.52 billion. The majority of that volume came through the sports contracts, which set a weekly high of $5.44 billion, and as we reported last week, the World Cup remains the...

Pi Network (PI) is nearing the key resistance zone at $0.137 at the time of wrting on Monday, with a breakout suggesting a bullish move.

Thai authorities seized 315 Bitcoin mining rigs across 14 locations in five northeastern provinces on June 21, after finding tampered electricity meters powering the machines.

The Chinese government has blocked dual-use exports to ten US corporations on Monday (June 22). Two companies are producing rare earth elements, which are part of the US semiconductor and AI hardware production chain. This move could disrupt supply chains for chips, magnets, and advanced computing components. According to the official statement released by China’s...

Cardano (ADA) is trading near $0.158 on Monday after a steep 14% correction in the previous week.

Preliminary data released Monday showed South Korea’s exports climbed 60.4% from a year earlier for the first 20 days of June. So far, adjusted exports surged nearly 50%, almost matching May’s hot pace of 52.6%. The surge, driven largely by artificial intelligence (AI) demand, has not only elevated the country’s trade surplus but is also...

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) begin the week on a steadier footing after correcting by nearly 4%, 2% and 6%, respectively, in the previous week. BTC is attempting a modest recovery, trading above $64,500 on Monday, while ETH continues to defend the crucial $1,700 support level.

Crypto ownership in the U.S. now leans Republican, and the numbers are no longer subtle. A Pew Research Center poll published on June 8 found that 22% of Republicans said they had invested in, traded, or used crypto, including assets like Bitcoin and Ether. Democrats came in lower at 17%. Pew surveyed 8,512 U.S. adults...

Vice President JD Vance said that Trump wants the U.S. government to have a stake in the country’s successful AI giants. He backs the idea as a sovereign wealth fund, making him “a very unconventional person” Vance shared Trump’s plan on The Diary Of A CEO episode on Thursday. Vance added that it was an...

Even though one of the biggest brands in the industry is facing difficult issues about how it presents itself, prediction markets are making record profits. Prediction market open interest reached a record $1.48 billion in the week ending June 15, a second consecutive all-time high, according to a16z Crypto. Unlike trading volume, which only monitors...

WhiteBit secured a MiCAR license form the Austrian Financial Market Authority (FMA), just ahead of the July 1 deadline that may force other crypto service providers out of the Euro Area.