Metaplanet hopes to buy 210,000 Bitcoin by the end of 2027, which would make it the second-largest holder of Bitcoin among public companies. Japanese investment company Metaplanet’s shares spiked on market opening after announcing its plan to raise $5.4 billion to buy Bitcoin last week.  Metaplanet’s stock (3350T) shot up over 12% in the June...Continue Reading

Strategy’s Michael Saylor says even if a legitimate quantum computing threat emerged from a tech giant, it won’t be released. Bitcoin bull Michael Saylor has downplayed concerns over quantum computing’s impact on Bitcoin, calling it a marketing ploy to pump quantum-branded tokens.  “It’s mainly marketing from people that want to sell you the next quantum...Continue Reading

Bitcoin’s consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules. Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency. Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for...Continue Reading

Current “thinking” AI models still can’t reason to a level that would be expected from humanlike artificial general intelligence, the researchers found. The race to develop artificial general intelligence (AGI) still has a long way to run, according to Apple researchers who found that leading AI models still have trouble reasoning.  Recent updates to leading...Continue Reading

Argentina’s corruption watchdog has cleared President Javier Milei of wrongdoing over the LIBRA scandal, saying the post was made while acting in a personal capacity. Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision. In a June 5...Continue Reading

Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties. Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells...Continue Reading

Affected Cetus liquidity pools were replenished using a combination of recovered funds, cash reserves, and a $30 million USDC loan. Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch.  An attacker exploited a pricing mechanism flaw to...Continue Reading

The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria. Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6. The former Binance executive...Continue Reading

After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune. Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale.  In a...Continue Reading

Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process. Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.   In an X announcement,...Continue Reading