Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
Month: June 2026
Quick commerce FirstClub doubles valuation to $255M in nine months
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
Nintendo confirms it will sell a new Switch 2 with replaceable battery in the EU
Nintendo is planning to launch versions of Switch 2 hardware in the EU that will let users easily replace the battery. To meet its obligations from a new EU regulation that’s set to go into effect on February 18th, 2027, Nintendo says on its website that it is “implementing measures to comply with these requirements … Read more
They’re made out of weights
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Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country’s tax office only saw 58 filers took advantage of the procedure.
Lovable signs multiyear deal with Google Cloud to up usage 5x, source says
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable’s footprint on Google Cloud, and expanded access to Anthropic Claude.
SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
SpaceX’s proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.
Tom Lee’s Bitmine borrows a page from Saylor’s playbook to offer 9.5% yield in preferred stocks
The largest Ethereum treasury firm is taking a page from Michael Saylor’s Strategy to issue preferred shares to tap new sources of funding.
Wyoming executive order to guide AI data center development
Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment.
The Best AI Models Still Encourage ‘Harmful Intimacy’ With Chatbots, Study Funds
A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.
US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.
Your Team Isn’t the Problem, But Your WIP Is
If your tickets take two weeks to cross the board while coding takes a few hours, the problem isn’t effort — it’s how much work your team keeps in flight at the same time. And there’s a 65-year-old law that explains exactly why.
Apple is bringing age verification to Texas this week
Apple will introduce age verification in the App Store for users in Texas starting on Thursday, June 4th. The move, as spotted by MacRumors, comes just days after a federal appeals court allowed Texas’ App Store Accountability Act to go into effect while a lawsuit against it proceeds. People in Texas who are creating a … Read more
Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals.
Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of ‘Wave of Failures’
Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.
WiiM expands its whole-home ecosystem with a new soundbar
The $479 WiiM Bar includes a 2.1-inch touchscreen on its front. | Image: WiiM WiiM, the audio company that’s challenged the idea that audiophile-level performance requires a small loan, is expanding its whole-home ecosystem with the WiiM Bar, which releases in July. Much like its other speakers and audio components, the WiiM Bar supports a … Read more
Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM
Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level.
Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards
Holders will be able to do more with their gold, instantly spending Tether’s tokenized version anywhere Visa is accepted.
How Much Water Does AI Really Drink? A Data Dive into the Deep End of AI Water Consumption
Behind every AI kilowatt-hour is a hidden river of evaporated water. Training a model like GPT-3 consumed 636,000 gallons—enough to fill an Olympic pool—while daily inference “drinks” a bathtub per user every week. This post reveals that data centers are massive water evaporators, with AI-driven cooling demands sometimes exceeding energy impacts. We compare water usage … Read more
Defense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract … Read more
Who Gets to Use the Most Powerful AI Models? The Governance Crisis We’re Ignoring
Anthropic’s new frontier model, Mythos, signals a dangerous shift toward “AI enclosure”—gating the most powerful cognitive tools behind seven-figure enterprise and government contracts rather than technical merit. Because its “safety” and performance claims are backed by PR rather than reproducible public benchmarks, it amplifies inequality and forces developer dependency on opaque, closed ecosystems. The solution … Read more
AI Lawyers Are Already Better Than Law Professors at Reasoning—Say Law Professors
Researchers found professors preferred AI-generated answers over those written by their peers, raising questions about the role of AI in professional education.
Bitmine’s Ethereum bet nears $9 billion loss as ether falls below $1,800
Shares of Tom Lee’s Ethereum treasury firm hit their lowest level since the company’s crypto pivot as ETH revisits the February lows.
Hermes Ends AI Agent Terminal Era With Release of Official Desktop App
Until now, the only way to run Hermes was through a terminal—or one of several unofficial GUIs the community had cobbled together.
Someone Just Redeemed a 15-Year-Old Physical Bitcoin, Scoring $1.78 Million in BTC
Physical Casascius coins were minted 15 years ago in the early days of Bitcoin—and the BTC held within is worth a whole lot more today.
My Software North Star
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