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blockonomi.com Binance Equity Trading Hits 2% of TradFi Perpetuals Volume in First Week on AI Sector Bets

TLDR: Binance equity trading recorded ~84% of first-week volume from emerging market users via stablecoins. Semiconductors and hardware captured ~44% of total fund inflows, reflecting an AI infrastructure bet. Information Technology led sector allocation at 57%, with Funds and ETPs following at a 20% share. Binance equity trading hit ~2% of TradFi-referenced perpetuals volume within [...] The post Binance Equity Trading Hits 2% of TradFi Perpetuals Volume in First Week on AI Sector Bets appeared first on Blockonomi.

cryptobriefing.com Will Price: The US onshore perpetual market is untapped, Lighter’s zero-fee model revolutionizes trading, and engineering talent rivals top AI startups | Bankless

Regulatory approval for US onshore perpetual markets could unlock billions in untapped growth potential. The post Will Price: The US onshore perpetual market is untapped, Lighter’s zero-fee model revolutionizes trading, and engineering talent rivals top AI startups | Bankless appeared first on Crypto Briefing.

forklog.media Researchers Question Blockchain’s Role in AI

The meaningful integration of crypto technologies and artificial intelligence is still in its early stages, with many popular claims about blockchain's benefits for AI requiring further evidence. These conclusions were reached by the authors of the Crypto x AI, AI x Crypto study from the IC3 consortium. The study divides the topic into two areas. The first is the application of AI in crypto systems. Here, experts believe artificial intelligence can already assist with transaction analysis, fraud detection, identifying vulnerable smart contracts, and processing blockchain events. The second area is the application of crypto technologies. Researchers believe that the most practical benefits currently come from zero-knowledge proofs, trusted computing, and other tools that help secure computations and data processing. Broader ideas like decentralized AI governance or decentralized infrastructure have yet to see widespread adoption. A separate section addresses common misconceptions. One such misconception is the claim that blockchain can distinguish AI-generated content from human-generated content. According to IC3, a distributed ledger is suitable for timestamping and registering digital artifacts, but it does not solve the detection problem. If an external classifier incorrectly labels content before it is recorded on the blockchain, the network will merely record this error. A similar issue arises with data provenance and model outputs. Blockchain records can show that a specific version or event log existed at a particular time. However, they do not explain why a model produced a certain output, do not prove inference correctness, and do not guarantee the absence of manipulation during training. The authors also challenged the notion that crypto wallets make AI agents autonomous. They argue that while a wallet can automate economic actions without constant human approval, it does not make the model independent. An operator can still shut down the server, model, or infrastructure on which the agent operates. Nonetheless, researchers do not deny the benefits of crypto rails for AI payments. Blockchain can provide neutrality, censorship resistance, and low fees. However, the authors believe the industry needs not only to demonstrate the technical feasibility of such payments but also to quantitatively prove their advantages over centralized financial systems. In the section on decentralized AI infrastructure, IC3 specifically examined DePIN networks and computation markets. Such platforms may be cheaper for inference and small-scale training tasks, but for larger workloads, the situation is more complex: latency, bandwidth, and node connectivity can increase the overall cost. The authors point to a lack of systematic benchmarks compared to traditional cloud providers. IC3 believes the main takeaway for the market is to separate proof of concept from proven utility. Crypto technologies can enhance specific elements of AI infrastructure but do not automatically solve issues of trust, payments, data provenance, and computational efficiency. Earlier, the Ethereum Foundation proposed using blockchain as a verification environment for AI agents.

forklog.media Zcash Developers Approve Ironwood Update

The Zcash team has agreed on consensus changes for the Ironwood update. The upgrade aims to launch a new shielded pool and limit the supply of ZEC following a recent vulnerability in Orchard, reported developer Sean Bowe. The old liquidity pool will be marked separately: after the update's activation, new users will be prohibited from interacting with it, but the ability to publish logs with updates will be retained. Wallets will stop accepting incoming transfers in Orchard and will direct assets to Orchard addresses already in Ironwood. According to Bowe, this combination of rules will "limit the circulating supply of ZEC" and prevent network participants from spending "more coins than should exist." Ironwood activation is scheduled for July. The Zcash Open Development Lab described the migration process as "simple for users." Wallets supporting Orchard will be able to transfer funds to the new pool with one click. The update is planned to be accompanied by independent audits to prevent new vulnerabilities from arising. Ironwood will be the next step following the emergency fix of a critical bug in Orchard. The bug was discovered at the end of May. It theoretically allowed for unlimited fake issuance of ZEC. However, Shielded Labs stated that actual exploitation of the vulnerability was unlikely. The fix was implemented in two stages. In early June, the team conducted a soft fork to temporarily disable transactions in Orchard, followed by a hard fork to restore the pool's functionality. In the wake of the incident, the ZEC price dropped nearly 50% at one point — to $300. After the vulnerability was addressed, the asset began to recover, and at the time of writing, its price is around $470 (+11% for the day). 15-minute chart of ZEC/USDT on Binance. Source: TradingView. Back in May, the price of the privacy coin broke the $585 mark for the first time since November 2025.

bitcoinist.com ZachXBT Says Humanity Protocol’s $32 Million Crypto Hack Looks Staged — Here’s The Evidence He Found

Humanity Protocol, a biometric blockchain identity project that had been one of crypto’s top-performing tokens of 2026, suffered a catastrophic security incident on June 9 in which attackers drained approximately $32 million from more than 17 wallets — sending the H token crashing 90% within hours — before on-chain investigator ZachXBT publicly questioned whether the […]

cryptobriefing.com Iran fully closes Bab al-Mandab Strait after Israeli strikes, threatening global oil flows and crypto markets

Iran's closure of key straits heightens geopolitical tensions, disrupts global trade, and underscores crypto's role in circumventing sanctions. The post Iran fully closes Bab al-Mandab Strait after Israeli strikes, threatening global oil flows and crypto markets appeared first on Crypto Briefing.

forklog.media Circle Introduces Wrapped Bitcoin on Ethereum Network

Circle has launched a wrapped Bitcoin, cirBTC, on the Ethereum network with a 1:1 backing. cirBTC is live on @ethereum.Circle helped establish the institutional standard for dollar collateral with USDC.Now cirBTC brings that same approach to Bitcoin, bringing 1:1 BTC-backed collateral to institutional DeFi markets with neutrality, transparency, and Circle…— Circle (@circle) June 8, 2026 The company positions cirBTC as an asset for institutional scenarios such as DeFi, OTC operations, market making, treasury transfers, and settlements. According to the press release, the underlying asset is held by a regulated Circle entity and is separate from corporate funds. The issuance and redemption of the token are conducted through Circle Mint. The coin is issued by Circle International Bermuda Limited, which holds a Class F license in the Bermuda jurisdiction. Reserve transparency is confirmed through Chainlink Proof-of-Reserve. In its blog, Circle described the Ethereum blockchain as a "suitable starting point." Future plans include integrating cirBTC with the Arc solution and expanding into a multichain environment. "The principle of neutrality is simple: the incentive for the issuer should be widespread adoption, not redirecting activity to a preferred trading platform," the company emphasized. In May, Circle raised $222 million through the sale of ARC tokens.

blockonomi.com XRP Ledger Lending Code Faces Formal Review Before Mainnet Vote

TLDR: RippleX is testing the XRPL lending code before validators consider Mainnet activation. Formal verification may expose accounting and state errors that normal tests miss. XLS-66 would add fixed-term loans funded by Single Asset Vault liquidity. XRP trades near $1.17 while XRPL prepares technical and governance updates. RippleX developers are applying formal verification to XRP [...] The post XRP Ledger Lending Code Faces Formal Review Before Mainnet Vote appeared first on Blockonomi.

bitcoinist.com Hoskinson Claims Cardano Can Surpass Bitcoin By Solving Crypto’s Trust Problem

Charles Hoskinson says Cardano is not merely competing for crypto market share, but for a much larger role: becoming the infrastructure layer for global trust. In a June 8 livestream titled “Why Cardano is the only Ecosystem that can run the world,” the Cardano founder argued that ADA’s long-term value depends on whether the network […]

news.bitcoin.com Apple Sheds $230 Billion From Intraday Peak After Long-Awaited Siri AI Reveal Disappoints

Apple shares swung nearly 5% from their intraday high, erasing about $230 billion in market value, after the company’s long-awaited Siri AI overhaul drew a muted reaction from investors. A ‘Sell the News’ Moment for Apple’s AI Reset Apple used its Worldwide Developers Conference (WWDC) on June 8 to unveil its biggest artificial intelligence (AI) […]

news.bitcoin.com Humanity Protocol Loses $32M in Private Key Hack as ZachXBT Calls Incident ‘Possibly Staged’

Humanity Protocol’s H token has crashed nearly 90% after wallets tied to the project were drained of more than $32 million, a breach onchain investigator ZachXBT says may have been “possibly staged.” A Private Key Breach Turns Into a Firestorm The exploit hit Humanity Protocol, an identity-verification network, early on June 9. According to onchain […]

cryptobriefing.com Iran’s Khatam al-Anbiya launches missile strikes on Israeli targets as Bitcoin slides to $63K

The renewed conflict between Iran and Israel heightens geopolitical tensions, impacting global markets and highlighting the fragility of ceasefires. The post Iran’s Khatam al-Anbiya launches missile strikes on Israeli targets as Bitcoin slides to $63K appeared first on Crypto Briefing.

blockonomi.com Crypto Market Relief Rally Builds As 30-Day MVRV Flashes Buy Signals Across Top Assets

TLDR: Bitcoin’s 30-day MVRV fell to -10%, placing it firmly in Fair Buy territory during the May-June correction. Cardano posted the steepest drop at -18%, earning a Strong Buy classification from Santiment’s on-chain data. Ethereum, XRP, and Chainlink all recorded negative MVRV readings, pointing to broad market capitulation conditions. Early price rebounds across flagged assets [...] The post Crypto Market Relief Rally Builds As 30-Day MVRV Flashes Buy Signals Across Top Assets appeared first on Blockonomi.

forklog.media Singapore Launches ASPIRE 2B Supercomputer for AI and HPC Research

Singapore has launched the ASPIRE 2B supercomputer, designed to support advanced research in artificial intelligence and high-performance computing. The system is operated by the NSCC, reports TechNode Global. ASPIRE 2B integrates CPU and GPU resources on a single platform. This architecture is essential for large-scale tasks such as AI model training, big data analysis, scientific simulations, and calculations that conventional infrastructure would take too long to perform. According to the publication, ASPIRE 2B is equipped with more than 1500 Nvidia H200 GPUs, providing up to 115 petaflops of computing power. Josephine Teo, the country's Minister for Digital Development and Information, stated that the system represents a significant upgrade to the national computing infrastructure. One of the key applications is climate research. ASPIRE 2B will enable the integration of AI approaches with physical simulations to build more detailed models of extreme rainfall, rising water levels, and other climate risks. Singapore has already utilized NSCC resources in its third national climate change study, creating high-resolution models adapted to the country's urban environment. This data aids in planning coastal protection and long-term development as part of the Singapore Green Plan 2030. Another focus is healthcare and scientific research. The increased capacity is expected to assist in processing medical data, modeling complex biological processes, and accelerating the discovery of new materials. ASPIRE 2B will also be used to develop AI models that better account for the linguistic and cultural diversity of Southeast Asia. According to the minister, NSCC plans to later integrate a quantum computer with ASPIRE 2B. This aims to create a hybrid environment where classical and quantum computing can be used together. Practical applications are still forming, but potential areas include molecular modeling and materials science. The launch of ASPIRE 2B aligns with the updated national AI strategy. Introduced in May, it prioritizes expanding computing capabilities, developing industry-specific AI missions, and strengthening the country's status as an international AI hub. In January, the government announced an investment of over $1 billion in national AI research and workforce development for 2025–2030. The plan covers fundamental AI research, applied developments, and specialist training. In May, China launched 12 satellites into space as part of a project to establish a network of orbital supercomputers led by the startup ADA Space and Zhejiang Laboratory.

cryptobriefing.com IRGC fires missiles at Israeli petrochemical facility, Bitcoin drops below $63K as risk-off wave hits crypto

Escalating tensions risk destabilizing Middle Eastern energy markets, impacting global supply chains and investor confidence across sectors. The post IRGC fires missiles at Israeli petrochemical facility, Bitcoin drops below $63K as risk-off wave hits crypto appeared first on Crypto Briefing.

blockonomi.com Bitrue Research Institute: Why Institutions Are Ditching Yield Farming for Real Yield

TLDR: Bitrue’s June 2026 report tracks institutional capital moving away from inflationary yield farming models. Real yield strategies backed by RWA yields and borrower interest spreads are replacing token emissions. Andri Fauzan Adziima says sustainable models are laying the foundation for crypto’s next growth phase. The 18-page report offers data-driven portfolio guidance for investors navigating [...] The post Bitrue Research Institute: Why Institutions Are Ditching Yield Farming for Real Yield appeared first on Blockonomi.

blockonomi.com TON Strategy Generates $5.6M Through May Staking as Toncoin (TON) Network Undergoes Major Enhancements

TON Strategy reports $5.6M in May staking rewards with 17.80% annualized yield as Toncoin network upgrades boost validator efficiency and throughput on June 4. The post TON Strategy Generates $5.6M Through May Staking as Toncoin (TON) Network Undergoes Major Enhancements appeared first on Blockonomi.

cryptobriefing.com Alex Sacerdote: AI foundational models may evolve into an oligopoly, coding market could reach $500 billion, and workforce AI penetration is set to soar | Invest Like the Best

AI's rapid evolution is reshaping industries, with the coding market potentially reaching a $500 billion valuation. The post Alex Sacerdote: AI foundational models may evolve into an oligopoly, coding market could reach $500 billion, and workforce AI penetration is set to soar | Invest Like the Best appeared first on Crypto Briefing.

cryptobriefing.com Lou Valoze: Tax stamps are crucial for legal cigarette sales, the rise of the illicit vape market reflects changing consumer behavior, and informants play a strategic role in law enforcement | Jordan Harbinger

Undercover operations reveal cigarette trafficking as a safer, profitable alternative to drug smuggling for criminal networks. The post Lou Valoze: Tax stamps are crucial for legal cigarette sales, the rise of the illicit vape market reflects changing consumer behavior, and informants play a strategic role in law enforcement | Jordan Harbinger appeared first on Crypto Briefing.

blockonomi.com Binance Equity Trading Hits 2% of TradFi Perpetuals Volume in First Week on AI Sector Bets

TLDR: Binance equity trading recorded ~84% of first-week volume from emerging market users via stablecoins. Semiconductors and hardware captured ~44% of total fund inflows, reflecting an AI infrastructure bet. Information Technology led sector allocation at 57%, with Funds and ETPs following at a 20% share. Binance equity trading hit ~2% of TradFi-referenced perpetuals volume within [...] The post Binance Equity Trading Hits 2% of TradFi Perpetuals Volume in First Week on AI Sector Bets appeared first on Blockonomi.

forklog.media Study Reveals Businesses Unprepared for Increasing AI Demands

Only 29% of large companies believe their infrastructure can scale to meet growing AI demands, according to a study by Tata Communications and Bloomberg Media Studios. The survey included 501 senior executives from firms with revenues of $500 million or more in North America, Europe, and Asia. Despite this, 77% of executives consider AI a board-level priority, while 65% of companies still rely on outdated or developing infrastructure.

news.bitcoin.com Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even

Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]

cryptobriefing.com United Nations Development Programme launches Blockchain Advisory Group with 26 member organizations

The UNDP's Blockchain Advisory Group could shape global blockchain standards, influencing policy and fostering ethical tech adoption worldwide. The post United Nations Development Programme launches Blockchain Advisory Group with 26 member organizations appeared first on Crypto Briefing.

forklog.media OpenAI Files Confidential IPO Application

OpenAI has confidentially submitted an S-1 filing to the US Securities and Exchange Commission (SEC) for a potential IPO. This allows the regulator to review the documents before detailed financial information is made public. OpenAI stated that it has not yet decided on the timing of further actions. The company indicated it might remain private for some time, as certain tasks are easier to manage outside the public market. However, filing the documents leaves open the possibility of a quicker market debut if deemed optimal. Earlier, The Wall Street Journal, citing sources, reported on a possible OpenAI IPO in September, as well as the involvement of Goldman Sachs and Morgan Stanley in preparing the deal. The new statement from the company did not confirm these timelines. According to Reuters, OpenAI is preparing for a public offering with a valuation of $1 trillion. This could become one of the largest IPOs in history, although conditions may change depending on business growth and overall market conditions. OpenAI is planning to transform ChatGPT into an AI super app and aims to accelerate revenue growth ahead of its market debut. In June, it was reported that the US state of Florida accused the startup and CEO Sam Altman of aggressively promoting the ChatGPT chatbot among teenagers and demanded a ban on controversial practices with the imposition of fines.

news.bitcoin.com Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams

Google is adding call verification to Pixel phones in the latest Android update, using the Phone by Google app to create a secure handshake between two devices and flag spoofed numbers. The system pings a contact’s actual handset in real time and warns users if the call doesn’t originate there, with broader RCS-based rollout planned. […]

news.bitcoin.com Bitget Launches Stocks 2.0 With 36 Tokenized US Stocks and ETFs Including Apple and Nvidia

Bitget has launched Stocks 2.0, an upgraded tokenized equity product designed to improve liquidity, transparency, and capital efficiency. The rollout includes 36 stock-linked assets tied to major U.S. equities and ETFs. Bitget Targets TradFi Users as Tokenized Stock Volume Tops $1 Billion Bitget is expanding its tokenized stock business with the launch of Bitget Stocks […]

news.bitcoin.com Kalshi Taps Sportradar for Official League Data and Integrity Tools in Prediction Markets

Kalshi has signed a multi-year global deal making sports-data company Sportradar its official data and integrity provider, giving the prediction market official league feeds and surveillance tools as it fights state efforts to brand its contracts illegal betting. Official data, and an integrity shield The agreement gives Kalshi official data and live odds across Major […]

bitcoinist.com New XRP Lending Protocol Gets Formal Verification In Push For Safer DeFi

RippleX Developers said formal verification work on the XRP Ledger is moving from the long-running Payment Engine to newer native DeFi protocols, including Single Asset Vault and the upcoming Lending Protocol, marking a shift toward proving protocol correctness before high-stakes features are shipped. In a June 8 post, Vito Tumas, writing for RippleX Developers, said […]

blockmanity.com Why Visa and Mastercard Stablecoin Plans Face Tough Roadblocks Ahead

The stablecoin world has long been led by just a few big names. But that could change soon as major payment firms step in with fresh ideas. What Is Happening in the Stablecoin Space Stablecoins are digital tokens tied to […] The post Why Visa and Mastercard Stablecoin Plans Face Tough Roadblocks Ahead appeared first on Blockmanity.

forklog.media Apple Unveils Siri AI and Expands Apple Intelligence

At WWDC 2026, Apple introduced Siri AI, a new version of its assistant powered by Apple Intelligence for its main line of gadgets. The English-language test solution will launch later in 2026. The updated AI-based Siri can understand personal context and screen content, access current internet data, and perform actions with apps. The assistant can search for information in messages, mail, photos, and other sources. Source: Apple. Source: Apple. Apple Intelligence supports everyday system scenarios: in Passwords, the system can automatically update weak and compromised passwords; Safari now includes Notify Me for tracking page changes and Describe an Extension for creating extensions via text request; Messages and Mail feature contextual suggestions and Smart Reply tailored to the user's style; in Phone, the Call Context function loads relevant data during a company call, such as a booking code or confirmation number; Calendar allows creating and modifying events through text descriptions; Shortcuts' Describe a Shortcut function enables assembling action chains via description. Apple clarified that Siri AI is built on the next generation of Apple Intelligence and uses Apple Foundation Models (AFM), which operate both locally on the device and via the cloud. When processing requests remotely, user personal data is neither stored nor transmitted. Source: Apple. The company also updated developer tools. The AFM stack, which the company calls a native Swift API, now supports multimodal requests and external language models like Claude and Gemini. The announcement comes amid controversy over delays of previous Siri AI features. In May, Apple agreed to settle a $250 million consumer class action lawsuit. The company was accused of overstating the advertised capabilities of artificial intelligence before the release of Phone 16. Earlier, in February, media reported on Apple's plans to release an AI pendant and headphones with cameras.