Stellar (XLM) Eyes $1.70 Rally as Mastercard Expands Stellar Settlement Network
TLDR: XLM trades at $0.1896, down 0.50% daily and 0.82% over the past seven days. Resistance at $0.63 and $0.79 could determine Stellar’s next major price trend. A breakout above key levels may open a path toward $1.70, the 2021 cycle high. Mastercard now uses Stellar-based stablecoins for 24/7 settlement and cross-border payments. Stellar (XLM) [...] The post Stellar (XLM) Eyes $1.70 Rally as Mastercard Expands Stellar Settlement Network appeared first on Blockonomi.
Nvidia (NVDA) Stock Climbs as Vera CPU Pre-Orders Launch in China Ahead of August Rollout
Nvidia (NVDA) stock gains as Vera CPU orders launch in China, bypassing export restrictions with August availability and $20B revenue projections. The post Nvidia (NVDA) Stock Climbs as Vera CPU Pre-Orders Launch in China Ahead of August Rollout appeared first on Blockonomi.
Bank of Japan set to hike rates to 31-year high, and crypto markets are watching closely
The BOJ's rate hike could trigger a global liquidity shift, impacting risk assets like crypto, as Japan's yen carry trade dynamics change. The post Bank of Japan set to hike rates to 31-year high, and crypto markets are watching closely appeared first on Crypto Briefing.
Steven Gerrard predicts Lamine Yamal as best young player of World Cup
Gerrard's prediction highlights the potential for emerging talents to reshape the competitive landscape of international football. The post Steven Gerrard predicts Lamine Yamal as best young player of World Cup appeared first on Crypto Briefing.
Metaplanet to acquire Siiibo Securities for $13M to develop bitcoin-linked yield products
Metaplanet's acquisition could revolutionize Japan's investment landscape by integrating Bitcoin yields into traditional financial products. The post Metaplanet to acquire Siiibo Securities for $13M to develop bitcoin-linked yield products appeared first on Crypto Briefing.
Monero Price Jumps as XMR Leads Privacy Coin Rally
TLDR: Monero price surged as XMR outperformed major crypto assets, drawing fresh attention to privacy coins during weak market conditions. XMR futures volume jumped sharply while open interest climbed, showing that traders are entering new positions behind the rally. Monero is testing the $390 to $410 resistance zone, where a daily close above the range [...] The post Monero Price Jumps as XMR Leads Privacy Coin Rally appeared first on Blockonomi.
China’s credit expansion rebounds in May after rare loan contraction
China's credit rebound in May highlights ongoing economic cooling, with potential global deflationary impacts and commodity market sensitivity. The post China’s credit expansion rebounds in May after rare loan contraction appeared first on Crypto Briefing.
JPMorgan Notes Decline in Interest for Gold and Bitcoin as Hedges
Investors are continuing to exit hedge strategies, with funds being withdrawn from both bitcoin-ETFs and gold-based funds. Analysts at JPMorgan highlighted this trend, according to The Block. From June 1 to June 5, exchange-traded instruments based on precious metals lost about $20 billion. Bitcoin funds have seen outflows for the fourth consecutive week, with the pace gradually increasing. Spot Bitcoin ETF dynamics. Source: SoSoValue. “We are seeing a broad retreat from this strategy by both retail and institutional investors. The trend has continued for gold and accelerated for bitcoin in recent weeks,” the bank stated. JPMorgan refers to hedge strategies as the demand for alternative assets as protection against the devaluation of fiat currencies. Analysts noted that this trend has weakened not only in ETFs but also in futures markets and investor positioning in recent weeks. Interest in gold has been declining since late February. For bitcoin, the reversal began in early May following a brief surge amid the Middle East conflict. JPMorgan also assessed the share of non-bank investor allocations in gold and the leading cryptocurrency relative to stocks, bonds, and cash. After steady growth since mid-2022, this indicator has shown a noticeable decline. Source: JPMorgan/The Block. JPMorgan noted that the correlation between bitcoin and the real yield of 10-year U.S. Treasury bonds recently turned negative, similar to gold earlier this year. Conversely, the relationship between precious metals and the S&P; 500 has become positive. According to the bank, both assets have behaved more like risk assets in recent months. However, the company suggested that weak market sentiment could eventually become a “bullish countertrend signal.” Previously, Bitwise noted a shift in advisors' interest from bitcoin to stablecoins and tokenized assets.
SpaceX’s IPO highlights investor appetite for AI infrastructure, says Goldman Sachs
SpaceX's IPO underscores a pivotal shift in investment focus towards AI infrastructure, signaling a transformative era in tech finance. The post SpaceX’s IPO highlights investor appetite for AI infrastructure, says Goldman Sachs appeared first on Crypto Briefing.
Damien Duff joins Brentford as first-team assistant coach
Duff's appointment at Brentford could enhance the team's strategic depth, leveraging his diverse coaching experience and past player connections. The post Damien Duff joins Brentford as first-team assistant coach appeared first on Crypto Briefing.
FIFA World Cup fans warned as crypto linked scam sites emerge
Crypto scammers have set up at least three World Cup-related fraud operations linked to four cryptocurrency addresses as millions of fans prepare to attend the 2026 FIFA World Cup, according to blockchain intelligence firm TRM Labs. TRM Labs said it…
Brighton reportedly tables £30M offer for Tottenham’s Luka Vuskovic
Brighton's bid for Vuskovic highlights the rising market value of young talent and the strategic complexities in modern football transfers. The post Brighton reportedly tables £30M offer for Tottenham’s Luka Vuskovic appeared first on Crypto Briefing.
KPMG report on AI adoption criticized for bogus case studies
The credibility of consulting firms is at risk, potentially undermining strategic decisions based on flawed AI-generated reports. The post KPMG report on AI adoption criticized for bogus case studies appeared first on Crypto Briefing.
Julian Quiñones scores in World Cup opener after escaping Colombian guerrillas
Quiones' journey from conflict to World Cup success highlights the transformative power of sports in overcoming adversity and achieving dreams. The post Julian Quiñones scores in World Cup opener after escaping Colombian guerrillas appeared first on Crypto Briefing.
Coinbase Council Outlines Bitcoin Quantum Migration Scenarios
Due to exposed public keys, older addresses (P2PK) will become easy targets for quantum attacks. Approximately 1.7 million BTC in the Bitcoin network, including assets belonging to Satoshi Nakamoto, are at risk, according to a report by Coinbase's Quantum Advisory Council on digital asset migration. In total, up to 7 million BTC could be at risk. Experts have identified three scenarios to address the issue: Burning assets. Set a deadline for transferring funds to secure addresses. After this, access to old wallets will be blocked. Preserving rights. Avoid interfering with the network's operation. This will protect property rights but pose a risk to market stability. Intermediate options. Limit the withdrawal speed from old addresses or use special proofs of ownership. As a compromise, the council proposed several mechanisms: Hourglass: limit the amount of funds withdrawn from old addresses in a single block to prevent market collapse; BIP-361: use ZK-proofs to confirm ownership of old keys without revealing them; PACTs: create secure commitments for fund transfers before a quantum threat emerges. The council noted that the technical aspect of transitioning to post-quantum cryptography is clear. The challenges lie in governance and achieving community consensus. The report's authors recommended that developers begin preparing migration protocols now, even though quantum computers do not yet pose a real threat. In December 2025, analyst Willy Woo stated that Bitcoin veterans would buy Satoshi Nakamoto's coins in the event of a quantum attack.
Binance drops TON ticker as GRAM trading starts July 2
Binance will swap TON to GRAM at 1:1, remove old pairs by June 30, and open GRAM markets on July 2 as users face product deadlines.
‘I Never Said the Company Could Not Sell Bitcoin’: Saylor Walks Back ‘Never Sell’ at BTC Prague
Strategy founder Michael Saylor told the BTC Prague conference he “never said the company could not sell bitcoin,” clarifying the firm may sell BTC when necessary after its first-ever sale rattled holders. ‘Never Sell’ Was Advice for Individuals Strategy Inc. (Nasdaq: MSTR) founder and chairman Michael Saylor told attendees at the BTC Prague conference on […]
Circle moves $4B USDC to Coinbase in largest transaction ever
Circle's $4B USDC move to Coinbase signals a shift towards newer blockchain ecosystems, highlighting potential risks and revenue growth. The post Circle moves $4B USDC to Coinbase in largest transaction ever appeared first on Crypto Briefing.
Bayern Munich considers move for Marcus Rashford, reports say
Bayern's interest in Rashford highlights the complexities of high-wage transfers and the strategic challenges clubs face in the modern market. The post Bayern Munich considers move for Marcus Rashford, reports say appeared first on Crypto Briefing.
FIFA’s 48-team World Cup kicks off with crypto woven into the fabric of the tournament
The integration of crypto in the World Cup could accelerate mainstream adoption, influencing global financial systems and sports marketing. The post FIFA’s 48-team World Cup kicks off with crypto woven into the fabric of the tournament appeared first on Crypto Briefing.
Chelsea considers Malo Gusto departure as Manchester City and Bayern Munich circle
Chelsea's strategic squad reshuffle could leverage Gusto's rising value, potentially sparking a bidding war and reshaping their defense. The post Chelsea considers Malo Gusto departure as Manchester City and Bayern Munich circle appeared first on Crypto Briefing.
Tether Freezes Address Holding 72 Million USDT
Tether has frozen 72 million USDT on an address in the Tron network, according to Colin Wu, citing on-chain detective ZachXBT. The researcher noted that on June 11, the wallet received 120.2 million USDT. ZachXBT linked the address to significant Monero purchases, which saw XMR rise from $330 to $420. He also reported that over $12 million was transferred from the wallet to KuCoin deposit addresses, $8 million to instant exchanges, and another $8 million to Bitcoin and Ethereum.
Google files lawsuit against suspected Chinese cybercrime operation over 2 million scam texts
Google's lawsuit highlights the growing need for robust international cooperation and legal frameworks to combat sophisticated cybercrime networks. The post Google files lawsuit against suspected Chinese cybercrime operation over 2 million scam texts appeared first on Crypto Briefing.
PancakeSwap launches new portfolio page for tracking tokens and positions across chains
PancakeSwap's new portfolio page enhances user experience by simplifying cross-chain DeFi management, potentially boosting platform engagement. The post PancakeSwap launches new portfolio page for tracking tokens and positions across chains appeared first on Crypto Briefing.
Binance Drops TON for GRAM: What Holders Must Do Now
Binance supports the TON to GRAM rebrand, moving the Telegram-linked token back to its roots.
ZachXBT links wallet to XMR surge as Tether freezes $72M USDT
ZachXBT traced 120.2M USDT flows tied to XMR’s spike, while Tether froze 72.03M USDT and Monero traded near $357.
Aiden Johnson: HayWire simplifies public data for actionable insights, the fragmented hay market is driven by transportation costs, and the demand for real assets is rising | Odd Lots
HayWire leverages AI to simplify complex USDA data, revolutionizing transparency in the fragmented hay market. The post Aiden Johnson: HayWire simplifies public data for actionable insights, the fragmented hay market is driven by transportation costs, and the demand for real assets is rising | Odd Lots appeared first on Crypto Briefing.
Bitcoin Options Traders Hedge For More Downside As Deribit Warns Of Market Weakness
Deribit analysis points to defensive positioning across crypto options markets, with Bitcoin traders buying puts, selling calls, and watching key downside support levels.
Hanwha Life Esports leads T1 1-0 after close game one
HLE's strategic win over T1 not only boosts their LCK standing but also aligns with Hanwha's broader corporate strategy in fintech and Web3. The post Hanwha Life Esports leads T1 1-0 after close game one appeared first on Crypto Briefing.
Bitcoin users upgrade to P2WPKH inputs, rising to 76%
The organic shift to P2WPKH enhances Bitcoin's efficiency, allowing more transactions per block and reducing fee pressures during high demand. The post Bitcoin users upgrade to P2WPKH inputs, rising to 76% appeared first on Crypto Briefing.
OpenAI, SpaceX, and Anthropic are preparing for trillion-dollar IPOs that could reshape public markets
These IPOs could significantly alter market dynamics, potentially setting new benchmarks for tech valuations and investor expectations. The post OpenAI, SpaceX, and Anthropic are preparing for trillion-dollar IPOs that could reshape public markets appeared first on Crypto Briefing.
China’s aggregate financing beats estimates at CNY17.48 trillion, signaling credit resilience
China's credit resilience suggests effective policy measures, but underlying demand and private sector borrowing remain uncertain, impacting growth. The post China’s aggregate financing beats estimates at CNY17.48 trillion, signaling credit resilience appeared first on Crypto Briefing.
FURIA faces mousesports in Round 2 of IEM Cologne Major
The outcome of this matchup could significantly impact global rankings and shape the competitive dynamics in future Counter-Strike events. The post FURIA faces mousesports in Round 2 of IEM Cologne Major appeared first on Crypto Briefing.
Metaplanet acquires Siiibo Securities in first major M&A transaction
Metaplanet has agreed to acquire Japanese securities firm Siiibo Securities for JPY 2.1 billion, adding a licensed brokerage platform that it plans to use for Bitcoin-linked investment products and yield-focused offerings. According to a June 12 announcement from Metaplanet, the…
Dogecoin (DOGE) Pre-Golden Cross Gets Canceled
Dogecoin is very unlikely to enter a rapid recovery period as one of the strongest technical signals for a retrace are invalidated.
Strategy’s 32 BTC sale puts Saylor’s Bitcoin mantra on trial
Saylor defended Strategy’s 32 BTC sale at BTC Prague, saying the firm sold $2.5M in Bitcoin for dividends before buying 1,550 BTC last week.
Mbappe’s plea to Deschamps has no crypto angle, but his NFT history does
Mbappe's plea highlights the emotional ties in sports, underscoring the potential impact of leadership changes on team dynamics and morale. The post Mbappe’s plea to Deschamps has no crypto angle, but his NFT history does appeared first on Crypto Briefing.
European Central Bank’s Moulin warns oil price surge is bleeding into everyday goods and services
Rising oil prices risk entrenching inflation in the euro area, complicating ECB policy and potentially impacting economic stability and growth. The post European Central Bank’s Moulin warns oil price surge is bleeding into everyday goods and services appeared first on Crypto Briefing.
Anthropic disputes jailbreak allegations against Claude Fable 5
Increased regulatory scrutiny and operational costs may arise from persistent security concerns in AI, impacting the entire sector's dynamics. The post Anthropic disputes jailbreak allegations against Claude Fable 5 appeared first on Crypto Briefing.
Inter Milan eyes four summer targets as club plots sell-to-buy strategy worth €90 million
Inter Milan's sell-to-buy strategy could reshape their squad dynamics, impacting Serie A competitiveness and influencing future transfer market trends. The post Inter Milan eyes four summer targets as club plots sell-to-buy strategy worth €90 million appeared first on Crypto Briefing.
Atlético Madrid enquires about €120M transfer for Victor Osimhen
The potential transfer of Osimhen highlights escalating player valuations and could trigger a ripple effect in the European transfer market. The post Atlético Madrid enquires about €120M transfer for Victor Osimhen appeared first on Crypto Briefing.
Babylon secures $5B in staked Bitcoin, partners with Aave for BTC lending
Babylon's integration with Aave could redefine Bitcoin's utility, enhancing its role in DeFi while highlighting potential risks and valuation gaps. The post Babylon secures $5B in staked Bitcoin, partners with Aave for BTC lending appeared first on Crypto Briefing.
IEM Cologne Major drops crypto sponsors entirely as esports pivots to traditional funding
Esports' shift from crypto to traditional funding may stabilize financial backing, fostering long-term growth and sustainability in the industry. The post IEM Cologne Major drops crypto sponsors entirely as esports pivots to traditional funding appeared first on Crypto Briefing.
Dupreeh sets record with 5 major titles in Counter-Strike
Dupreeh's unprecedented achievement cements his legacy, influencing future players and elevating the competitive standards in esports. The post Dupreeh sets record with 5 major titles in Counter-Strike appeared first on Crypto Briefing.
1Mongolz faces B8 Esports in Round 2 of IEM Cologne Major as crypto retreats from esports sponsorships
The retreat of crypto from esports sponsorships signals a shift towards more sustainable, utility-focused partnerships in the industry. The post 1Mongolz faces B8 Esports in Round 2 of IEM Cologne Major as crypto retreats from esports sponsorships appeared first on Crypto Briefing.
Citi Launches Blockchain Platform for Pre-IPO Share Trading
Citigroup launches blockchain marketplace for tokenized private company shares, becoming first major bank to issue and custody digital depositary receipts. The post Citi Launches Blockchain Platform for Pre-IPO Share Trading appeared first on Blockonomi.
Tokenized stock perpetual futures open interest hits $2.25B as crypto market cap falls 20% in Q1 2026
The rise of tokenized stock perpetual futures highlights a shift towards on-chain trading, offering crypto investors new hedging opportunities amid market volatility. The post Tokenized stock perpetual futures open interest hits $2.25B as crypto market cap falls 20% in Q1 2026 appeared first on Crypto Briefing.
Tether blacklists wallet linked to $120M USDT transfer, freezes $72M
Tether's frequent fund freezes highlight the centralized control over USDT, raising concerns about asset accessibility and regulatory scrutiny. The post Tether blacklists wallet linked to $120M USDT transfer, freezes $72M appeared first on Crypto Briefing.
Humanity Protocol ($H) Surges 41% Following $1B Market Cap Collapse
Humanity Protocol's $H token plunged 80% after hackers exploited a malware-infected laptop, draining $36M and erasing $1B in market cap. Latest updates. The post Humanity Protocol ($H) Surges 41% Following $1B Market Cap Collapse appeared first on Blockonomi.
Crypto Google searches rise again as retail interest rebounds
Crypto Google searches rose again in June, signaling renewed retail attention as Bitcoin volatility and market fear pull users back.
Trump claims US conducted secret mission to escort tankers through Strait of Hormuz
The secret mission's potential to stabilize oil flow through Hormuz could ease global energy tensions, impacting markets and crypto dynamics. The post Trump claims US conducted secret mission to escort tankers through Strait of Hormuz appeared first on Crypto Briefing.
India plans to widen fiscal deficit to nearly 5% of GDP as energy costs surge
India's widened fiscal deficit may strain financial markets, potentially increasing bond yields and weakening the rupee, impacting imports. The post India plans to widen fiscal deficit to nearly 5% of GDP as energy costs surge appeared first on Crypto Briefing.
Pasqal Launches Italy’s First Neutral Atom Quantum Computer
Pasqal has launched the SOL system, Italy's first neutral atom quantum computer, at the CINECA supercomputing center in Bologna. The 140-qubit installation is built on the Pasqal Orion processor and integrated with the Leonardo supercomputer. SOL was deployed at the DAMA Technopole as part of the EuroHPC JU and ICSC project. The system is designed for hybrid quantum-classical computing, allowing specialized tasks to be handled by the quantum processor while Leonardo manages classical processing and large data sets.
Coinbase (COIN) Launches AI-Powered Crypto Trading Platform for Autonomous Agents
Coinbase (COIN) debuts AI agent trading platform, allowing ChatGPT and Claude to trade crypto autonomously. Learn about features, risks, and performance. The post Coinbase (COIN) Launches AI-Powered Crypto Trading Platform for Autonomous Agents appeared first on Blockonomi.
Chainlink (LINK) Climbs Fortune’s Crypto 100 List — What’s Next for Price Action?
Chainlink (LINK) secures Fortune's Crypto 100 No. 4 spot. Analysis of government transfers, trader positioning, and price targets near $7.78. The post Chainlink (LINK) Climbs Fortune’s Crypto 100 List — What’s Next for Price Action? appeared first on Blockonomi.
BlackRock’s BITA: New Bitcoin ETF Promises Income Generation Through Options Strategy
BlackRock's BITA bitcoin ETF could launch next week after Form 8-A filing. The fund uses covered calls on IBIT to generate yield at 0.65% sponsor fee. The post BlackRock’s BITA: New Bitcoin ETF Promises Income Generation Through Options Strategy appeared first on Blockonomi.
Dogecoin (DOGE) Flashes Buy Signal Following 31% Decline as Major Investors Accumulate
Dogecoin (DOGE) TD Sequential indicator signals potential recovery after 31% decline. Whales accumulate 200M tokens as price tests key support levels. The post Dogecoin (DOGE) Flashes Buy Signal Following 31% Decline as Major Investors Accumulate appeared first on Blockonomi.
Crypto Could Still Catch Up After Iran De-Escalation Sparks Global Market Rally: Data
Stocks, gold, and silver rallied sharply following Trump's announcement, while crypto markets showed a slower initial response.
Mateus Fernandes prioritizes Manchester United over Real Madrid in summer transfer saga
Mateus Fernandes' preference for Manchester United over Real Madrid could reshape transfer dynamics, influencing future player decisions and valuations. The post Mateus Fernandes prioritizes Manchester United over Real Madrid in summer transfer saga appeared first on Crypto Briefing.
Iran and US negotiate draft agreement on sanctions, military withdrawal, and frozen assets
A finalized agreement could reshape US-Iran relations, impacting global diplomacy, regional stability, and economic dynamics significantly. The post Iran and US negotiate draft agreement on sanctions, military withdrawal, and frozen assets appeared first on Crypto Briefing.
Oil extends losses as Trump cancels planned strikes on Iran
Trump's decision to cancel strikes on Iran eased immediate oil market fears, suggesting potential diplomatic progress but leaving long-term supply concerns. The post Oil extends losses as Trump cancels planned strikes on Iran appeared first on Crypto Briefing.
XRP Sentiment Sinks to Lowest Since October 2025 as Santiment Flags Trader Fatigue
XRP’s weighted sentiment has fallen to its lowest level since October 2025, crypto analytics firm Santiment said, as the token’s slide toward $1.10 drained the last of its bullish chatter. An 8-Month Low in Mood Crypto data intelligence firm Santiment said XRP’s weighted sentiment, a measure that blends social volume with the ratio of positive […]
Japan’s crypto tax bill clears Lower House, heads to Upper House with 20% flat rate
Japan's crypto tax reform could boost domestic trading, attract global investors, and align crypto markets with traditional financial systems. The post Japan’s crypto tax bill clears Lower House, heads to Upper House with 20% flat rate appeared first on Crypto Briefing.
World Cup hero Oh Hyeon-gyu reveals he scored winner while battling 38°C fever
Oh Hyeon-gyu's perseverance highlights the resilience athletes must possess, inspiring fans and potentially boosting interest in sports-related crypto ventures. The post World Cup hero Oh Hyeon-gyu reveals he scored winner while battling 38°C fever appeared first on Crypto Briefing.
FalleN aims for third Cologne title in final tournament
FalleN's potential triumph could redefine legacy narratives in esports, highlighting the impact of veteran leadership on team dynamics and success. The post FalleN aims for third Cologne title in final tournament appeared first on Crypto Briefing.
Birmingham City activates €7M buy option for Jhon Solis in traditional transfer with no crypto ties
Birmingham City's traditional transfer highlights the enduring reliance on conventional methods over crypto innovations in football deals. The post Birmingham City activates €7M buy option for Jhon Solis in traditional transfer with no crypto ties appeared first on Crypto Briefing.
Coinbase Launches Service for AI Agents
Cryptocurrency exchange Coinbase has introduced Coinbase for Agents, a service that connects an AI agent to a user's account for trading, payments, and other operations within set limits. The solution is available through the MCP protocol (for use with ChatGPT or Claude) and a command-line interface for developers. The agent can operate with the user's main account or through a separate isolated portfolio. Examples provided by the company include rebalancing a portfolio to 60% BTC, 20% ETH, and 20% SOL, as well as placing limit orders when the market drops by 5%, 10%, or 15%. Another scenario is purchasing $20 worth of ETH daily for two weeks after analyzing 30 days of hourly prices. According to Coinbase, the service already supports spot and derivatives trading. The company plans to add stocks, index funds, prediction markets, and commodities. Compliance and transaction monitoring functions operate automatically. The agent only accesses operations authorized by the user. In the future, subscribers will be able to specify the exact trade size, list of permissible interactions, and spending limits. Additionally, the Coinbase app now includes an "Advisor" (Coinbase Advisor), an integrated AI assistant that provides investment recommendations and is registered with the SEC and CFTC. Source: Coinbase blog. In April, developers of the Coinbase-supported x402 payment standard launched a marketplace for applications and services aimed at enhancing the utility of AI agents.
Iran and US finalize nuclear negotiations framework, explicitly excluding missiles
The framework's exclusion of missile issues may strain US regional alliances and complicate future diplomatic efforts with Iran. The post Iran and US finalize nuclear negotiations framework, explicitly excluding missiles appeared first on Crypto Briefing.
Google Searches for Crypto Surge as Retail Investors Return
After months of market hibernation, global interest in digital assets is showing its first signs of a pulse.
Jeff Bezos’ AI Startup Raises $12B for Industrial AI Development
Prometheus, a startup founded by Jeff Bezos and Vik Bajaj, has raised $12 billion in a Series B funding round, valuing the company at $41 billion, according to TechCrunch. The company is developing an AI system to accelerate the design and production of physical objects, ranging from jet engines to medical devices and consumer electronics. The founders describe the future product as a "universal AI engineer," intended to streamline the process from concept and prototype to mass production. In an interview with Axios, Bezos explained using a jet engine as an example, noting that altering its design to increase thrust by 10% can take years due to manufacturing complexities. Prometheus aims to reduce such cycles by a factor of ten or more. The startup emphasized that it is not about creating robots or simply automating factories. Prometheus focuses on developing AI for the real economy and the early stages of production: design, modeling, prototyping, and process optimization. Details of the product and its public launch timeline remain confidential. According to Axios, the company does not disclose how it trains its models but acknowledges the absence of an "internet of manufacturing data" to feed into the model. "The cycle from idea to mass production and market launch can be very long," Bezos noted. He stated that if a task currently requiring 100 engineers and 10 years could be accomplished by 10 engineers in one year, "we will simply build a lot more things." Bajaj added that simplifying the realization of ideas will lead to more inventions and greater involvement in the process. According to Semafor, Prometheus uses data from physics laws, its own tests, and collaborations with companies. A significant portion of the funds will be allocated to computing power, utilizing an internal cluster and purchasing resources from external providers. This round marks the second for Prometheus, following a $6.2 billion raise at the end of 2025. New investors include JPMorgan, Goldman Sachs, BlackRock, DST Global, Arch Venture Partners, and Bezos himself, as reported by Axios and Semafor. In April, the startup Physical Intelligence, founded by former Google engineers, introduced the π0.7 model. Developers claimed a "qualitative leap" in AI's ability to generalize skills and perform tasks it was not directly trained for.
CFTC’s Lone Chair Selig Expands Grip Over Crypto and Prediction Markets
TLDR: Michael Selig solely runs the CFTC, gaining unmatched power over crypto markets. CFTC approved crypto perpetual futures, triggering CME Group’s stock decline and criticism. Lawmakers from both parties push Trump to nominate additional CFTC commissioners. Staff buyouts and unrest grow as CFTC’s crypto oversight role expands rapidly. CFTC Chair Michael Selig is consolidating regulatory [...] The post CFTC’s Lone Chair Selig Expands Grip Over Crypto and Prediction Markets appeared first on Blockonomi.
Angus Gunn settles Scotland goalkeeper debate before World Cup opener
Scotland's choice of Gunn as goalkeeper reflects a strategic shift towards youth and potential, impacting their long-term competitive outlook. The post Angus Gunn settles Scotland goalkeeper debate before World Cup opener appeared first on Crypto Briefing.
Remixpoint forecasts FY2027 revenue of ¥56.1B, driven by digital asset management
Remixpoint's ambitious revenue forecast highlights the strategic shift towards diversified income streams, mitigating risks of digital asset volatility. The post Remixpoint forecasts FY2027 revenue of ¥56.1B, driven by digital asset management appeared first on Crypto Briefing.
SpaceX (SPCX) Stock: Historic $75B IPO Marks Nasdaq Debut at $135 Per Share
SpaceX (SPCX) launches historic $75B IPO at $135/share with $1.8T valuation. Learn about Bitcoin holdings, tokenized shares, and Musk's control. The post SpaceX (SPCX) Stock: Historic $75B IPO Marks Nasdaq Debut at $135 Per Share appeared first on Blockonomi.
Bitcoin options expiry puts $60K support in focus as $2.5B expires
Bitcoin and Ether options worth about $2.5B expire today, with traders watching BTC’s $60K-$62K support zone and weak spot demand.
International sting shuts down $390M crypto money-laundering ring
Eleven countries were involved in the joint operation that ended the AudiA6 crypto laundering ring and Dark2Web marketplace.
Nico Paz prefers Como over Real Madrid, expresses desire to stay in Serie A
Nico Paz's preference for Como over Real Madrid highlights the growing appeal of consistent playtime and project stability over traditional powerhouses. The post Nico Paz prefers Como over Real Madrid, expresses desire to stay in Serie A appeared first on Crypto Briefing.
Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers operating under the GENIUS Act framework. According to a July 10 announcement, the newly introduced…
Eurojust Shuts Down Crypto Service AudiA6
Law enforcement agencies from 11 countries have shut down the crypto service AudiA6, which was based in Georgia, as part of a joint operation. Between 2022 and 2025, more than €336 million could have been laundered through the platform. Placeholder on the AudiA6 website. Source: Europol. The investigation involved agencies from the US, Australia, France, Poland, Georgia, Iceland, Canada, Germany, Japan, Switzerland, and the UK, coordinated through Eurojust and Europol. As part of the operation, two alleged administrators of the platform were detained. Authorities conducted searches at three locations, disabled 25 domains, seized over 30 servers, confiscated more than 80 vehicles, and several properties. Authorities also froze €692,000 in cryptocurrency and seized an additional €86,000. According to Eurojust, the service was used by ransomware operators. They transferred stolen cryptocurrency to the group's wallets and received "cleaned" funds back within about an hour. The origin of the funds was obscured by a chain of transactions. The commission ranged from 3% to 10%. European authorities also linked AudiA6 to the darknet forum Dark2Web, where illegal services were advertised and cybercriminals communicated. Investigators identified over 6,000 Know Your Customer (KYC) records linked to "money mule" accounts. Suspects registered these accounts using stolen or purchased identities and used Russian-speaking intermediaries to launder criminal proceeds through crypto exchanges. According to Chainalysis, since 2021, approximately 10,333 BTC, valued at around $389 million, were sent to AudiA6 wallets. In March 2026, Europol, in collaboration with Coinbase, Microsoft, and other tech companies, shut down the Tycoon 2FA platform, which provided phishing software services.
Stellar (XLM) Eyes $1.70 Rally as Mastercard Expands Stellar Settlement Network
TLDR: XLM trades at $0.1896, down 0.50% daily and 0.82% over the past seven days. Resistance at $0.63 and $0.79 could determine Stellar’s next major price trend. A breakout above key levels may open a path toward $1.70, the 2021 cycle high. Mastercard now uses Stellar-based stablecoins for 24/7 settlement and cross-border payments. Stellar (XLM) [...] The post Stellar (XLM) Eyes $1.70 Rally as Mastercard Expands Stellar Settlement Network appeared first on Blockonomi.
Ethereum price risks $1,500 as ETF outflows pressure ETH
Ethereum traded near $1,652 as ETF outflows, Iran tensions and weak technicals kept pressure on ETH, while analysts watched key support.
Hyperliquid’s HIP-3 Faces Monopoly Risk as TradeXYZ Controls 95% of Volume
TLDR: TradeXYZ controls over 95% of HIP-3’s $3.2 billion open interest currently Non-TradeXYZ deployers face four-year paybacks versus TradeXYZ’s five months Felix Perps shut down as Ventuals’ vHYPE trades at a discount Analysts propose tiered HYPE staking to broaden deployer participation Hyperliquid’s HIP-3 framework has driven open interest to $3.2 billion, but a single deployer, [...] The post Hyperliquid’s HIP-3 Faces Monopoly Risk as TradeXYZ Controls 95% of Volume appeared first on Blockonomi.
Stake Rival Rainbet Becomes First Official Sponsor of Kick’s Slots Category
Crypto casino Rainbet has become the first official sponsor of Kick’s Slots category, planting a rival brand’s flag on a platform founded and owned by Stake’s co-founders, and reversing the usual direction of gambling money on a streaming site. A rival casino buys real estate on Stake’s home turf Rainbet announced the sponsorship in a […]
FIFA World Cup opening ceremony draws 1.2 billion viewers as crypto takes center stage
The integration of crypto into the World Cup could significantly boost mainstream adoption, driving new user engagement and market volatility. The post FIFA World Cup opening ceremony draws 1.2 billion viewers as crypto takes center stage appeared first on Crypto Briefing.
ECB raises rates 25 basis points as eurozone inflation exceeds target
The ECB's rate hike signals a commitment to inflation control, influencing market expectations towards sustained restrictive monetary policy. The post ECB raises rates 25 basis points as eurozone inflation exceeds target appeared first on Crypto Briefing.
Gary Gensler says sports prediction markets fall outside CFTC swap rules
Former U.S. Commodity Futures Trading Commission Chair Gary Gensler has joined a growing list of groups challenging sports prediction markets, arguing in a new court filing that Congress never intended federal derivatives laws to cover sports betting contracts. According to…
XRP Bulls Eye $3.11 Target After TD Sequential Triggers on 3-Day Timeframe
XRP defends $1.10 support as TD Sequential buy signal fires on 3-day chart. Technical pattern suggests $2.39-$3.11 target zone with ETF inflows at $1.19M. The post XRP Bulls Eye $3.11 Target After TD Sequential Triggers on 3-Day Timeframe appeared first on Blockonomi.
SEC Proposes Eliminating Trading Rules That Blocked Tokenized Stocks on DeFi Platforms
The SEC proposes eliminating Rules 611 and 610(e), removing major barriers to tokenized stock trading on DeFi platforms. Final decision expected Q1 2027. The post SEC Proposes Eliminating Trading Rules That Blocked Tokenized Stocks on DeFi Platforms appeared first on Blockonomi.
Julen Lopetegui reflects on coaching Qatar at World Cup
Lopetegui's role in Qatar's World Cup journey could influence global perceptions of the nation's sports diplomacy and cultural outreach. The post Julen Lopetegui reflects on coaching Qatar at World Cup appeared first on Crypto Briefing.
Harry Kane’s contract talks with Bayern Munich stall, raising doubts about future
Kane's stalled contract talks with Bayern Munich could trigger interest from rival clubs, potentially leading to an earlier-than-expected exit. The post Harry Kane’s contract talks with Bayern Munich stall, raising doubts about future appeared first on Crypto Briefing.
US Men’s National Team unveils 26-player roster for World Cup as crypto firms circle the tournament
The USMNT's youthful roster and crypto sponsorships highlight evolving dynamics in sports, with implications for fan engagement and investment trends. The post US Men’s National Team unveils 26-player roster for World Cup as crypto firms circle the tournament appeared first on Crypto Briefing.
SEC Proposes Elimination of Trading Rules That Block Tokenized Securities on DeFi Platforms
SEC proposes scrapping Rules 611 and 610(e) that have prevented tokenized US stocks from trading on DeFi platforms. Final decision expected Q1 2027. The post SEC Proposes Elimination of Trading Rules That Block Tokenized Securities on DeFi Platforms appeared first on Blockonomi.
Kioxia replaces Toyota as Japan’s largest company by market value
Kioxia's rise highlights the shifting economic landscape, emphasizing tech's growing dominance over traditional industries in Japan. The post Kioxia replaces Toyota as Japan’s largest company by market value appeared first on Crypto Briefing.
Ethereum (ETH) Reaches $1,680 as Exchange Reserves Plummet to Historic Lows
Ethereum (ETH) surges to $1,680 as exchange reserves hit record low of 14.5M ETH. Network activity reaches all-time highs. What's driving this trend? The post Ethereum (ETH) Reaches $1,680 as Exchange Reserves Plummet to Historic Lows appeared first on Blockonomi.
Spencer Hawes: The Knicks’ resilience shines in comebacks, Spurs struggle with in-game adjustments, and why killer instinct matters in playoffs | Pardon My Take
Knicks' comeback highlights their playoff resilience as Spurs falter under pressure in Game 5 showdown. The post Spencer Hawes: The Knicks’ resilience shines in comebacks, Spurs struggle with in-game adjustments, and why killer instinct matters in playoffs | Pardon My Take appeared first on Crypto Briefing.
SpaceX Conducts Largest IPO in History
Elon Musk's company SpaceX priced its shares at $135 in the largest initial public offering (IPO) in history. The listing on the Nasdaq exchange is scheduled for June 12. The company sold 555.5 million shares, raising $75 billion. This more than doubles the record set by Saudi Aramco in 2019. SpaceX's market capitalization will be approximately $1.77 trillion. Source: CompaniesMarketCap. In the first quarter, SpaceX's revenue increased by 15% to $4.69 billion. However, the net loss amounted to $4.28 billion. The main revenue driver is the Starlink satellite internet service. The company also includes the artificial intelligence division xAI. Investments in AI became the main expense item. In the first quarter, $7.7 billion was spent on this area out of a total capital expenditure of $10.1 billion. Oppenheimer analysts rated SpaceX shares as "outperform" with a target price of $190. Experts from New Street Research valued the xAI division at $575 billion, comparing it to market leaders OpenAI and Anthropic. SpaceX's market debut could mark the beginning of a wave of IPOs in the artificial intelligence sector. In June, AI competitors Anthropic and OpenAI submitted listing applications.
LG Electronics Partners With Arbitrum to Launch Blockchain Advertising Platform for $679B Market
LG Electronics partners with Arbitrum to create blockchain advertising platform targeting the $679B digital ad market, with commercial launch expected in 2026. The post LG Electronics Partners With Arbitrum to Launch Blockchain Advertising Platform for $679B Market appeared first on Blockonomi.
How Will $2.2B Bitcoin Options Expiring Impact Spot Markets Today?
Friday has rolled around again, which means more Bitcoin and Ether options contracts are expiring as the spot bear market deepens.
Most international goals among 2026 World Cup players: Ronaldo leads by a country mile
Ronaldo's unmatched goal tally highlights the enduring impact of legendary players on international football, setting a high bar for future stars. The post Most international goals among 2026 World Cup players: Ronaldo leads by a country mile appeared first on Crypto Briefing.
World Cup 2026 kicks off with crypto deeply embedded in FIFA’s game plan
The integration of crypto in FIFA's World Cup 2026 strategy could significantly influence global sports betting and digital finance trends. The post World Cup 2026 kicks off with crypto deeply embedded in FIFA’s game plan appeared first on Crypto Briefing.
SEC plan to scrap ‘Rule 611’ a boon for tokenized US stocks: Galaxy
Galaxy’s Alex Thorn says a plan to scrap rules on stock orders and quotes would remove a major barrier to tokenized stocks trading on decentralized platforms.