
SBF Files for Trump Pardon as FTT Surges 50%
Sam Bankman-Fried officially applied for a presidential pardon at the DOJ. Trump already freed Ulbricht, CZ, and BitMEX founders — but personally indicated SBF shouldn't count on the same.

Sam Bankman-Fried officially applied for a presidential pardon at the DOJ. Trump already freed Ulbricht, CZ, and BitMEX founders — but personally indicated SBF shouldn't count on the same.

While Bitcoin slid below $60K, Strategy quietly bought 1,550 BTC for $101.3M at $65,332 per coin — well below its overall portfolio average of $75,680.

At WWDC 2026, Apple unveiled a rebuilt Siri powered by Google Gemini under a multi-year deal worth roughly $1 billion per year. The custom 1.2-trillion-parameter model will handle Siri's cloud AI tasks.

HTX has delisted USD1 after WLFI froze its on-chain addresses over UK sanctions compliance. User funds convert to USDT 1:1. The dispute involves two lawsuits between Justin Sun and the Trump-linked stablecoin project.

A pseudonymous plaintiff filed suit to claim 39,000 dormant Bitcoin wallets holding 3.8 million BTC under New York's lost-property law. A judge froze the case until July 14.

Bybit launched IPO Express on June 7, letting retail investors worldwide subscribe to tokenized SpaceX shares at the official offering price — backed 1:1 by real equity in regulated custody.

Microsoft researchers caught a prompt injection flaw in Claude Code's GitHub Action — attackers could trick the AI into leaking API keys and CI/CD secrets from any workflow. Patched on May 5.

Bitcoin dropped to $59,100 on June 5 — its lowest since October 2024. The coin shed nearly 20% in a week and over 52% from its $126,000 peak. ETF outflows hit a record $4.4 billion across 13 straight days.

Travala launched a protocol letting AI agents autonomously search and book hotels — payment goes through in USDC over Base, with humans approving the final transaction.

OpenAI is preparing its biggest ChatGPT overhaul, the Financial Times reports — turning the chatbot into a superapp with agents, coding, and third-party services in one place, ahead of the company's expected listing.

The White House and Sam Altman have been discussing transferring OpenAI equity to the US government, with proceeds potentially flowing to a public fund and directly to citizens.

Arthur Hayes publicly called Worldcoin his top AI trade on June 5, then sold his entire stake within 24 hours. WLD fell 21%. ZachXBT accused Hayes of generating exit liquidity from followers.

A bipartisan bill released June 4 proposes the first comprehensive U.S. AI framework: mandatory audits for frontier labs and a three-year ban on states passing new AI development laws.

The SEC cleared Securitize's S-4 registration for its $1.25B merger with Cantor's SPAC, paving the way for a NYSE listing under SECZ with BlackRock among the key backers.

Six Anthropic engineers are deployed inside the NSA using Mythos for offensive cyber operations — on the same day the company publicly called for a global halt to advanced AI development.

Google struck a deal with SpaceX to rent 110,000 NVIDIA GPUs for $920M per month from October 2026 through June 2029, citing unexpectedly high demand for its recently launched AI products.

The House Ways and Means Committee circulated seven crypto tax drafts covering staking deferral, stablecoin purchases, and small transactions. A hearing is set for June 9.

HKMA formed a 21-institution expert group — JPMorgan, HSBC, Clifford Chance, HashKey and others — to rewrite Hong Kong's regulatory framework for tokenized bonds, targeting global leadership in debt tokenization.

JPMorgan, Citi, BofA and Wells Fargo plan a shared blockchain deposit network via The Clearing House to compete with stablecoins. Launch set for H1 2027.

A security engineer used Anthropic's AI to uncover a four-year-old bug in Zcash's Orchard pool that could have enabled unlimited undetectable counterfeit minting. ZEC fell 30% on the news.