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AI Lawyers Are Already Better Than Law Professors at Reasoning—Say Law Professors

June 3, 2026 by kamal

Researchers found professors preferred AI-generated answers over those written by their peers, raising questions about the role of AI in professional education.

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Bitmine’s Ethereum bet nears $9 billion loss as ether falls below $1,800

June 3, 2026 by kamal

Shares of Tom Lee’s Ethereum treasury firm hit their lowest level since the company’s crypto pivot as ETH revisits the February lows.

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Hermes Ends AI Agent Terminal Era With Release of Official Desktop App

June 3, 2026 by kamal

Until now, the only way to run Hermes was through a terminal—or one of several unofficial GUIs the community had cobbled together.

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Someone Just Redeemed a 15-Year-Old Physical Bitcoin, Scoring $1.78 Million in BTC

June 3, 2026 by kamal

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.

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Perplexity Wants Your Laptop to Do Part of the AI Work—So It Doesn’t Have To

June 3, 2026 by kamal

The company’s new hybrid inference system routes AI tasks between your device and the cloud automatically. Privacy and cost savings are the pitch—and lower server bills.

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Crypto PAC-supported candidates sweep US state primaries after media buys

June 3, 2026 by kamal

Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs.

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New DeFi entrant widens field of crypto political campaign funds as elections loom

June 3, 2026 by kamal

The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

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Bitcoin isn’t crashing because of Saylor, it’s losing the momentum trade

June 3, 2026 by kamal

Bitcoin’s recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor’s bitcoin sales, according to Charles Schwab’s Jim Ferraioli.

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Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis

June 3, 2026 by kamal

ETH just crashed below $2,000 and is now trading near $1,841. Prediction markets place a 71% chance on a drop to $1,500—and the charts aren’t pushing back.

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As Oil Moves Higher, Bitcoin Sinks to Lowest Price Since March

June 3, 2026 by kamal

Bitcoin fell to a more than two-month low alongside U.S. stocks after Middle East skirmishes pushed bond yields and oil prices higher.

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World Cup Crypto Scams Are Targeting Soccer Fans, Law Enforcement Warns

June 3, 2026 by kamal

Law enforcement agencies are warning soccer fans of fake ticket sites and crypto payment schemes around the World Cup.

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Agentic payment activity tops 100M transactions on Base

June 3, 2026 by kamal

New data suggests AI-driven payment rails are evolving beyond experimentation as users are making more higher-value transfers.

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Walrus Memory Enables AI Agents to ‘Actually Learn About Us’: Mysten Labs Co-Founder

June 3, 2026 by kamal

With its new portable memory layer, Walrus Memory lets AI agents carry context across apps, sessions and providers—putting users in control.

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Mastercard Expands Stablecoin Settlement via Circle’s USDC, Ripple’s RLUSD and Beyond

June 3, 2026 by kamal

Mastercard said it’s deepening its commitment to the “always-on” economy, buffing out its stablecoin settlement capabilities.

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Stripe Millionaire Loses Bid for Congress to Candidate Backed by Ripple Co-Founder

June 3, 2026 by kamal

Former Stripe engineer Saikat Chakrabarti lost his bid to succeed Nancy Pelosi in California to a candidate backed by Ripple’s Chris Larsen.

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Strategy Wanted to ‘Inoculate’ the Bitcoin Market—Has Its BTC Sale Backfired?

June 3, 2026 by kamal

With STRC trading under $100, experts are at odds over whether the sale has exposed a “structural crack” in Strategy’s Bitcoin flywheel.

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Crypto Long & Short: What about the American consumer?

June 3, 2026 by kamal

In this week’s Crypto Long & Short, Alex Tapscott on the stalling of the CLARITY Act and how it’s impacting the average American consumer. Then, Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them.

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Bitcoin copying 2022 ‘almost perfectly’ as trader sees key support failing

June 3, 2026 by kamal

Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat.

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Crypto firms face July 1 EU cutoff as MiCA grace period ends

June 3, 2026 by kamal

The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review.

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Hyperliquid bear turns bullish after losing over $46M shorting HYPE

June 3, 2026 by kamal

The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets.

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Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?

June 3, 2026 by kamal

Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk.

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Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer

June 3, 2026 by kamal

Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.

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Zcash Completes ‘Most Ambitious’ Network Upgrade as ZEC Resumes Recent Surge

June 3, 2026 by kamal

A Zcash vulnerability could have allowed double-spending within the network’s flagship privacy pool, though no exploitation occurred.

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Binance to end NFT support on exchange, shift service to wallet

June 3, 2026 by kamal

Binance exchange said it will move NFT support from its exchange to its non-custodial wallet and offered users 30 days to migrate their NFTs.

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Kraken parent Payward brings tokenized IPO access to retail investors

June 3, 2026 by kamal

Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks.

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Zcash fixes Orchard bug after emergency network upgrade

June 3, 2026 by kamal

Zcash Open Development Lab said the network briefly became unstable as miners upgraded, while the Zcash Foundation said there was no evidence of an exploit.

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Rare physical bitcoin worth $1.78 million gets cashed in after 12 years

June 3, 2026 by kamal

The S1-COIN-25 physical bitcoin, part of Mike Caldwell’s 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.

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Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK

June 3, 2026 by kamal

Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.

Categories CoinTelegraph, Crypto Leave a comment

Bitcoin’s dearth of fresh investors matters more than Strategy’s sale, Citi says

June 3, 2026 by kamal

Strategy’s bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.

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Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge

June 3, 2026 by kamal

The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.

Categories CoinDesk, Crypto Leave a comment
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