
CFTC Moves to Void Gemini's $5M Settlement, Cites Political Bias
The CFTC has asked a federal court to void a $5M settlement with Gemini, saying the Biden-era enforcement case was politically motivated against the Winklevoss twins.

The CFTC has asked a federal court to void a $5M settlement with Gemini, saying the Biden-era enforcement case was politically motivated against the Winklevoss twins.

At Build 2026, Satya Nadella declared AI agents the new OS for work. Microsoft launched Copilot agents inside Office 365, an autonomous GitHub Copilot coding agent, and on-device Windows Local AI shipping June 9.

Ripple has launched its RLUSD stablecoin in Turkey via BiLira, Bitexen, and Bitlo. Turkey handles nearly $200B in annual crypto volume, driven by persistent inflation and dollar demand.

MoneyGram, the remittance giant serving 60 million customers, has launched MGUSD — its own dollar-backed stablecoin built on the Stellar blockchain.

Kalshi filed with the CFTC to self-certify perpetual futures for 12 altcoins — ETH, XRP, SOL, DOGE, and eight more — the broadest push yet to bring regulated crypto derivatives to the U.S.

Mt. Gox moved 10,422 BTC worth $739 million for the first time since March. The crypto market is bracing for potential creditor sell-off pressure as Bitcoin fell below $70,000.

Robinhood has closed its $180M acquisition of WonderFi, owner of Bitbuy and Coinsquare, gaining instant access to 1.6 million Canadian users and a regulated foothold in North America.

Nvidia unveiled RTX Spark, a 1-petaflop ARM superchip for running AI agents on Windows PCs. Entering the $200B CPU market, Nvidia will launch laptops with Dell, HP, Microsoft Surface in fall 2026.

Nvidia unveiled Nemotron 3 Ultra at Computex 2026 — a 500–550B open-weight model for advanced reasoning. The company claims 5x faster inference and 30% lower cost than rivals, available from June 4.

Alphabet — Google's parent company — announced an $80 billion equity raise to fund AI infrastructure. Berkshire Hathaway will invest $10B, marking the largest capital raise in tech history.

Pavel Durov officially rebranded Toncoin to GRAM, reclaiming the original token name blocked by the SEC in 2020. Telegram is now the network's largest validator and is reasserting control.

OpenAI, together with Oracle and Related Digital, will build a $7 billion data center in Michigan — the largest economic project in the state's history. It is part of the giant Stargate AI-infrastructure program.

The flagship Cardano Summit 2026 is off: the proposal to fund it from the network treasury fell short of the required two-thirds of ADA holder votes. The community effectively overruled its own foundation.

Florida's AG filed the first state lawsuit against OpenAI and Sam Altman, alleging the company concealed ChatGPT risks linked to violent incidents, including a campus shooting.

On June 1, Ethereum dropped below $2,000 for the first time since March — trading near $1,967. Tom Lee's BitMine seized the moment and bought 26,497 ETH for $52M, bringing its total stake to 4.48% of supply.

Anthropic, the maker of the Claude AI assistant, has filed to go public and could list as early as this fall. Its valuation nears $965 billion and run-rate revenue has topped $47 billion.

Japan's ruling Liberal Democratic Party panel has officially backed a legal framework for crypto ETF trading and yen-based stablecoins to strengthen the yen's role in Asian payments.

For the first time since December 2022, Strategy sold 32 BTC ($2.5M) to fund preferred stock dividends. MSTR shares fell more than 5% in premarket trading.

Binance opened trading in over 7,000 US stocks and ETFs with zero commission right in its app and unveiled bStocks — tokenization of those shares on BNB Chain. It is the exchange's bid to become a financial super app.

Sui blockchain halted three times in 48 hours. A bug in the v1.72 upgrade paralyzed the mainnet — and the recovery team knowingly deployed an interim fix with a recognized risk of causing another halt. It did.