Meituan claims it trained the 1.6 trillion parameter model on domestic Chinese hardware, avoiding Nvidia GPUs altogether.

Ethereum (ETH) treasury firm Sharplink (SBET) resumed accumulation of the second-largest cryptocurrency by market capitalization last week after months on the sidelines.

The Norwegian industrial AI software company Cognite will be purchased by Schneider Electric. The $3.1B deal is Norway's biggest software and AI exit to date.

The European Union’s Markets in Crypto-Assets (MiCA) regulation decree will hit its set deadline on July 1, and crypto firms and exchanges without authorization will lose their capacity to serve EU clients. This change is causing a major migration of crypto companies toward the United Arab Emirates, with Dubai’s less stringent licensing regime offering a...

Solana memecoin trading platform Pump.fun has removed agent mode for new token launches, following community requests. Pump.fun announced the decision on Tuesday, saying the Tokenized Agent launch option is deprecated, effective immediately. Co-founder Alon Cohen said it’s the first step to “removing launch options that don’t add enough value to users.” Last month I promised...

Open Standard on Tuesday unveiled Open USD (OUSD), a dollar-pegged stablecoin designed for global payments, backed by more than 140 companies.

Empery Digital (NASDAQ: EMPD), the former electric vehicle maker turned Bitcoin treasury firm, is betting $65 million on AI infrastructure after months of shareholder revolt and forced BTC liquidations gutted its original crypto strategy. It was seen in an SEC filing and confirmed in a press release by the Austin-based company that it will acquire...

Nick Johnson, the founder and lead developer of ENS, just used about half of the protocol’s active voting power to stop an on-chain proposal to renew the ENS DAO Security Council, adding a new chapter to several weeks of a governance crisis that no one wants to see go any further. The on-chain vote ended...

Amazon Web Services (AWS) is pouring $1 billion into a new unit that drops thousands of AI engineers straight into enterprise teams.

Binance has integrated Anchorage Digital’s Atlas platform into its triparty banking program in a move aiming to give its clients another option to trade on the exchange, while assets are kept in separately. The arrangement lets eligible institutional and professional traders pledge collateral with Anchorage Digital, a federally chartered crypto bank supervised by the Office...

Strike now has permanent access to all 27 member states under the European Union’s Markets in Crypto-Assets Regulation, according to a statement by the firm earlier today, one day before the cutoff for firms that have not cleared the licensing hurdle. Binance, on the other hand, is one of many exchanges that must now restrict...

Ondo Finance (ONDO) is facing a pivotal moment as it attempts to hold above the $0.30 short-term support level on Tuesday. Since early June, ONDO has declined by more than 30%, putting significant pressure on the technical setup and reducing the probability of a sustained bullish reversal.

Machi Big Brother just got rekt yet again with his total losses now exceeding $80 million. A few hours ago, Machi was liquidated for $341K trading a leveraged ETH long position on Hyperliquid on Tuesday. The popular Bored Ape collector lost exactly 220 ETH. Before then, Machi had closed two ETH long positions at a...

RaveDAO is expanding the utility of $RAVE through its integration with Bitget Wallet, bringing the token closer to live event experiences and supported payment scenarios. With $RAVE now supported in Bitget Wallet, holders can access and manage their tokens through Bitget Wallet’s multi-token payment infrastructure. At launch, support is available for $RAVE on BNB Smart...

More than 140 companies have joined to launch a stablecoin dubbed Open USD (OUSD) on Solana. The partners include Visa, Stripe, Mastercard, American Express, and a long list of giants spanning payments, global banks, and crypto platforms, such as Coinbase, Ripple, Bybit, and Solana. Open USD will be owned and operated by the partner through...

Hyperliquid (HYPE) is trading under pressure, testing support around $64.00 at the time of writing on Tuesday. This drawdown follows a limited upswing near $68.00 the previous day, undermining the short-term technical outlook.

The verdict has started to come in response to Strategy’s June 29 announcement of its five-part capital management framework, with Benchmark Equity Research doubling down on its Buy rating of the MSTR stock, along with a $570 price projection. As of writing, the MSTR stock was trading at $92.68, up nearly 13% from $82.31 when...

The operators of NanoBit have been hit with fines exceeding $5 million by a federal court in New York.

With nearly thirty security updates focused on WebKit and web-related technologies, Apple released iOS 26.5.2 on Sunday.

The cryptocurrency platform, Plusspay, has had its registration revoked by Chilean regulators after investigators tied the company to a laundering operation run by Venezuelan criminal organization Tren de Aragua. With the registration canceled, Plusspay has been stripped of any ability to serve clients in the country. It is also expected to return all deposits to...

ZetaChain has announced that it will be suspending all remaining cross-chain operations on June 30, cutting off bridge services across 10 blockchain networks as the project abandons its original interoperability mission to build what it calls a “private memory layer” for artificial intelligence. The project initially published on its Notion page that it was winding...

Proception, a robotics startup founded by former Tesla Optimus technical lead Jay Li, closed an $11 million seed round.

The cryptocurrency market continues to face downward momentum on Tuesday, with Bitcoin (BTC) sliding below $60,000, Ethereum (ETH) breaching the $1,600 mark, and Ripple (XRP) retreating toward its critical $1.00 psychological threshold.

Two years ago, the chief executive of an Asia-based crypto derivatives platform told our team that he was moving his licensing application from Hong Kong to Dubai. “The SFC process would have burned a whole fundraise before we could take a single trade,” he said. His treasury moved to Dubai but his engineering team stayed...

The Japanese Yen (JPY) recorded its lowest level in four decades, at 162.00 against the US Dollar (USD) on Tuesday, raising concerns that the Bank of Japan (BoJ) could intervene to protect the Yen.

Blockchain investigator ZachXBT has published evidence that KuCoin sent a legal warning to the victim of a crypto theft.  The user lost $250,000 in an Atomic Stealer theft, and the funds were allegedly routed through the exchange. ZachXBT previously accused KuCoin of being complicit in crypto crimes.  Why is KuCoin sending legal threats to victims?...

Altcoins are trading in one of the longest underperformance periods since 2020, similar to the 2022 bear market. 84% of altcoins are trading below their 200-day moving average.

Bitcoin (BTC) struggles around $59,500 at the time of writing on Tuesday after suffering a steep correction over the past two weeks.

BNB (BNB), formerly known as Binance Coin, remains under pressure, trading below $555 on Tuesday after closing below the lower boundary of its parallel channel last week, confirming a bearish technical breakdown.