Stablecoin market cap has fallen nearly $10 billion since May, with June the worst month since Terra-Luna's 2022 collapse. USDT and USDC took the biggest hits, but analysts say this is no reason to panic.
The US Justice Department is ending a seven-year prosecution of BitClub Network's alleged mastermind days before trial. His legal team had direct ties to Trump's circle.
Apple has sued OpenAI and two former employees, accusing them of systematically stealing hardware secrets — including a message where an ex-engineer joked about still having network access after he quit.
A Reuters scoop reveals Meta's internal memo: Iris, its first in-house AI accelerator, enters mass production in September. Designed with Broadcom, built at TSMC, targeting 14 GW of compute by 2027.
Fed Chair Kevin Warsh created five task forces to revamp monetary policy. Marc Andreessen of a16z will co-lead the AI productivity panel alongside Stanford economist Charles Jones and Microsoft's Asha Sharma.
Circle became the first stablecoin issuer with a US federal banking charter after the OCC approved Circle National Trust on July 10. USDC reserves ($73B) now fall under direct federal oversight. Shares surged 10%.
A $6.7 million crypto gift that brought down Nigel Farage prompted British MPs to seek a permanent ban. Labour's amendment to the Representation of the People Bill goes to a vote on July 14.
Paradigm raised $1.2 billion for its fourth fund, officially expanding from crypto into AI, robotics, and frontier tech — a clear sign of where the smartest crypto money is now heading.
OpenAI launched GPT-5.6 — three tiers: Sol tops Claude Mythos 5 on agentic coding benchmarks, Terra matches it at half the price. The release cleared a three-week US government review process.
Sony Bank secured conditional OCC approval to set up Connectia Trust, a $40M New York trust bank. The subsidiary will issue a dollar stablecoin for payments across Sony's gaming and entertainment ecosystem.
SWIFT's blockchain ledger is live after nine months of development. Seventeen banks — HSBC, Citi, UBS, BNP Paribas among them — will pilot tokenized cross-border deposits available 24/7, even on weekends.
SpaceXAI has launched Grok 4.5, built on a 1.5-trillion-parameter architecture. Elon Musk called it an Opus-level rival to Claude — faster and priced at just $2 per million input tokens.
StarkWare CEO Eli Ben-Sasson argues Bitcoin's 21M cap is flawed: lost keys permanently shrink accessible supply. His fix — 4% annual issuance tied to population growth — drew fierce backlash from the community.
The Reserve Bank of India is pushing for banks and financial institutions to be barred from holding, trading, or offering any exposure to crypto assets or private stablecoins — citing tax evasion and contagion risks.
SambaNova Systems closed a $1B Series F at an $11B valuation — five times higher than five months ago. JPMorganChase picked its SN40L and SN50 chips for secure on-premises AI inference.
Vanguard, the $10 trillion asset manager that once blocked Bitcoin ETFs and called crypto immature, has posted its first-ever Head of Digital Assets role. The last major holdout in traditional finance is changing course.
The SEC is set to propose its first-ever crypto-specific rulemaking this July, creating a safe harbor that lets token-based startups raise up to $75 million without registering as securities issuers.
Japan's SBI Holdings became the sole investor in EDX Markets' $76M Series C, backing the institutional-only crypto exchange with central clearing as it pushes for a US national bank charter.
Coinbase secured a UK investment services licence from the FCA, letting institutional traders access perpetual futures and UK retail customers buy equities on the platform for the first time.
An attacker bought $4M in BONK tokens, reached quorum with just seven wallets, and drained $20 million from BonkDAO's treasury. The token fell 8.5%; Upbit froze deposits.