OpenAI unveils its first custom chip, built by Broadcom
Named Jalapeño, the new processor was designed specifically for the unique needs of OpenAI’s inference systems.
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone
A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.
The banking lobby is wrong about stablecoins and community banks
Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.
OpenAI reveals its first AI processor: Jalapeño
OpenAI has just revealed a new “intelligence processor” chip for AI servers made in partnership with Broadcom. The chip, called Jalapeño, is designed to power current and future large language models, according to an announcement on Wednesday. Jalapeño is an ASIC (Application-Specific Integrated Circuit), meaning it’s designed for a specific purpose: AI inference. With AI … Read more
Strategy Shares Crash Below $100 as Bitcoin Sinks Towards $60K
Bitcoin fell to a two-week low price Wednesday as Strategy shares dove below the $100 mark for the first time since March 2024.
How memecoin marketing moved from online speculation to real-world risk
From alcohol dares to head-shaving challenges, memecoin campaigns are turning engagement into exploitation.
DeFi TVL drops 39% in 2026 amid market downturn and record hack activity
DeFi TVL fell 39% in 2026 as a broader market downturn and fallout from major exploits, including the Kelp DAO hack, weighed on the sector.
Philips Hue’s smart lights are getting a connectivity upgrade
Hue’s latest smart bulbs will be able to run Zigbee and Thread concurrently. | Photo by Jennifer Pattison Tuohy / The Verge Philips Hue has announced a connectivity upgrade for its Matter-over-Thread-enabled smart bulbs that will allow them to run both Thread and Zigbee at the same time. The change means you can connect compatible … Read more
If you want to cut your screen time, just get a Brick
After years of struggling to curb my screen time, apparently all I needed was a $59 hunk of plastic.
3 days left to save up to $190 on your TechCrunch Founder Summit 2026 pass
You have just 3 days left to save up to $190 on your pass to TechCrunch Founder Summit 2026 before Early Bird rates end on June 26 at 11:59 p.m. PT. Register here.
19 great Prime Day deals on our favorite charging gear
If you’re sick of your devices running out of juice early into the evening just as you’re about to go out, Prime Day is a great time to pick up a new power bank or charging brick. We’ve rounded up the best deals on a range of discounted charging equipment, from power banks and wall … Read more
Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg
New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.
Gold, silver and bitcoin tumble as debasement trade unwinds
Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.
Bitcoin could fall to $55,000 before finding a bottom, 10x Research says
A strengthening U.S. dollar and the Fed’s hawkish turn under new chair Kevin Warsh may keep pressure on crypto through the summer.
CoinDesk 20 performance update: Aave (AAVE) gains 5.9% as index moves higher
Internet Computer (ICP), up 2% from Tuesday, joined Aave (AAVE) as a top performer.
Binance eyes alternative EU licensing route if Greek bid fails: Report
Binance reportedly plans to seek authorization in another EU jurisdiction as the MiCA deadline approaches, with unlicensed crypto firms expected to wind down activities in the bloc.
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Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
Geoff Kendrick said Aave has moved past April’s cyberattack-related market disruption and is well positioned to benefit from growth in tokenized assets and DeFi.
SecondFi traces Cardano wallet exploit to address-level issue
Cardano wallet SecondFi traced the incident to an address-level issue and secured 129 million ADA after attackers drained funds from 374 addresses.
Slate Auto’s radically simple electric truck starts at $24,950
The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205 miles.
Morning Minute: Meta Is Building a Prediction Market
Arthur Hayes put out a bull case for the CARDS token, and the Clarity Act is facing some surprising opposition from a new group.
CBOE debuts prediction market with S&P 500 contracts
Cboe launched its first prediction market product tied to the S&P 500 index, citing a growing investor demand for binary options contracts.
The Slate Auto pickup truck starts at $24,950
Slate Auto made good on thet mid-$20,000 price range promise. | Image: The Verge We now know the price of Slate Auto’s affordable American-made electric truck, almost a year after the company warned it wouldn’t hit its initial “under $20,000” target price. The no-frills pickup starts at $24,950 – matching the revised mid-$20,000 price range … Read more
I drove the Slate Truck — there’s more to it than EV minimalism
With its new pickup, Slate Auto is making a simple bet: price matters more than almost anything else. The company announced today that the American-made electric truck will start at $24,950, placing it squarely in the mid-$20,000 price range it had originally promised and making it the least expensive pickup truck and EV available today. … Read more
Star Fox is the Switch 2’s most impressive visual showcase yet
The biggest Switch 2 exclusives so far have largely been about scale. Mario Kart World introduced a wide open continent to race across, Donkey Kong Bananza let you smash basically everything around you, and Pokopia brought an expansive Minecraft-style creative experience to the Pokémon universe. Star Fox is different. A remake of a Nintendo 64 … Read more
DOJ Seizes Huione Infrastructure Linked to Billions in Crypto Laundering
The seizure hits a cloud account that powered Huione Guarantee, a Telegram marketplace tied to billions in Southeast Asian scam proceeds.
This forgotten coin could surprise everyone before its next halving
Your day-ahead look for June 24, 2026
CryptoQuant warns on Strategy’s dividend coverage as cash reserve falls 38%
As Strategy’s cash reserves are now enough to only pay 14 months of dividends from the previous seven-year level, CryptoQuant said that the company should pause Bitcoin purchases and rebuild the reserves.