
Beijing Forced Meta to Give Back Its $2B AI Acquisition
Beijing ordered the deal reversed — Meta complied. The $2B acquisition of Manus, a Chinese-founded agentic AI startup, is being unwound. Founders are now seeking $1B to buy it back.

Beijing ordered the deal reversed — Meta complied. The $2B acquisition of Manus, a Chinese-founded agentic AI startup, is being unwound. Founders are now seeking $1B to buy it back.

On June 13, Coinbase became the first regulated US exchange to offer 24/7 gold and silver futures, letting traders react to weekend events without waiting for Monday.

Google sued Chinese cybercrime network Outsider Enterprise for weaponizing Gemini AI to create 8,000 phishing sites and steal payment card data from 3.87 million victims, causing $1.9 billion in losses.

The SEC proposed scrapping Rule 611, a 2005 order-protection standard that made it technically impossible for AMMs to trade US equities. The change could open DeFi markets to tokenized stocks.

Morpho, the DeFi lending protocol challenging Aave, closed a $175 million round led by Paradigm, a16z, and Ribbit Capital. With $11B in user deposits, it is the largest fundraise in DeFi history.

On June 12, the US ordered Anthropic to disable Fable 5 and Mythos 5 globally under export controls. The alleged jailbreak behind the order is a security technique Anthropic says GPT-5.5 can already do.

Poland's president vetoed the MiCA crypto bill for the third time. The country is now the only EU state without a framework as the July 1 deadline approaches.

A three-judge panel of the Second Circuit rejected SBF's appeal, upholding his 25-year fraud conviction. The court dismissed defense arguments on asset value and margin trading. Release date: 2044.

Eleven nations shut down AudiA6, a crypto laundering service used by ransomware gangs that processed $390M between 2022–2025. Two administrators arrested in Georgia; 25 domains and 80 vehicles seized.

Jeff Bezos' Prometheus raised $12B in a second round, valuing it at $41B. Backers include JPMorgan, Goldman Sachs, and BlackRock. The goal: AI software that designs and manufactures physical systems.

Coinbase for Agents gives AI systems like ChatGPT and Claude dedicated trading accounts with user-set spending limits — autonomous trades, DCA strategies, and payments for data services included.

Former xAI safety engineer Devin Kim sued xAI and SpaceX, claiming he was fired for warning about Grok's antisemitic outputs, EU safety test evasion, and non-consensual imagery on X.

Digital Asset raised $355 million at a $2B valuation, led by a16z Crypto. Canton Network has processed $6 trillion in tokenized assets, backed by HSBC, BNP Paribas, Citadel, and 20+ more institutions.

Japan's lower house passed a bill on June 11 classifying crypto as a financial instrument, cutting capital gains tax from 55% to 20% and enabling spot crypto ETFs — expected as early as 2027.

The EU's 21st Russia sanctions package proposes banning transactions with 11 unnamed crypto platforms — and introduces a first-ever tool to impose country-wide crypto service bans.

German humanoid robot maker NEURA Robotics closed a $1.4 billion Series C led by Tether, with Nvidia and Amazon joining. Tether will embed crypto wallets into the robots for autonomous payments.

Mastercard launched Agent Pay for Machines, letting AI agents authorize and settle payments across its global network. Over 30 partners joined, including Coinbase, RippleX, Stripe, and Solana Foundation.

Kraken is now the official crypto exchange of FIFA World Cup 2026, starting June 11 across the US, Mexico, and Canada. The deal was announced on June 9, one day before the opening ceremony.

Anthropic released Claude Fable 5 — its most capable widely available model, with Mythos-level power but built-in safeguards. Alongside it comes Claude Mythos 5, unrestricted but only for vetted customers.

Consensys opened early access to MetaMask Agent Wallet — a self-custodial wallet that lets AI agents trade DeFi autonomously across 10 chains. Built-in threat scanning, spending limits, and $10K transaction coverage.