Joseph Rees

Coinbase Launches Exposure to 2 AI Giants Still Private

Key Takeaways Coinbase introduced valuation-linked futures tied to OpenAI and Anthropic for eligible traders. Unlike traditional investing, the contracts provide exposure without ownership or voting rights. Contract adjustments can connect pricing to public market data after listings. Coinbase Promotes New…

Finland Convicts a Streamer of a Gambling Crime for Casino Promos

North Savo District Court convicted streamer Jouko “Pottukoira” Kärkkäinen, fining him about $2,700. Judge Adelina Komulainen ruled the 80 day-fine penalty needed no proof Kärkkäinen was paid. It follows a roughly $27,000 administrative fine Finland’s police board levied on him…

Grayscale’s GBTC Leads $227M Bitcoin ETF Weekly Outflow as HYPE Funds Add $28M

Key Takeaways Bitcoin ETFs lost $226.8M for a 6th straight week of outflows, led by Grayscale GBTC. HYPE ETFs gained $27.9M, while XRP and solana ETFs added $10.7M and $7.1M. Galaxy Research flagged a record $6.35B in 30-day bitcoin ETF…

$50M Bitcoin Purchase Reveals Strive’s Latest Move in Public Treasury Race – Bitcoin News

Key Takeaways Strive bought 759 bitcoin for $50M from June 15-21, lifting holdings to 19,864 BTC. ASST’s 1-year gain of 85.30% shows bitcoin leverage, though dilution risk remains. Strive’s SATA strategy offers 13% APR as management pursues more BTC per…

Bank of England Drops Stablecoin User Caps and Sets $53 Billion Issuance Limit

Key Takeaways Bank of England dropped $26K (£20K) user caps, replacing them with a $52.9B (£40B) issuance guardrail. New rules ease reserve requirements, allowing up to 95% in UK gilts for new issuers. The Bank of England aims to finalize…

ICE Joins OKX in 50-50 Broker-Dealer Deal Targeting US Tokenized Equity Markets

Key Takeaways ICE and OKX formed a 50-50 joint venture targeting U.S. broker-dealer and FCM registration, pending regulatory approval. The venture will give OKX’s 120 million global users access to ICE futures and NYSE tokenized equity markets. Former New York…

Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Key Takeaways On June 22, hackers exploited a flaw in Taiko’s bridge proof validation to drain a total of $1.7 million. The TAIKO token faced massive market volatility, briefly spiking before sliding by over 10%. Taiko successfully contained the incident…

US Banks Post $80 Billion in Profit as Unrealized Losses Swell to $325 Billion

Key Takeaways The FDIC reported $325.1 billion in unrealized securities losses for U.S. banks in Q1 2026, up 6.2%. Held-to-maturity portfolios accounted for $214.5 billion of the total and available-for-sale for $110.6 billion. Banks still earned $80.5 billion in net…

AI and Blockchain-Powered bagyo.app Begins Naga City Pilot as Platform Explores Local Government Integration

New Prontera Technologies Corp. (NPC) launched the early access phase of its disaster resilience platform, bagyo.app, during an event at the Summit Hotel in Naga City on June 18, 2026. The platform aggregates weather data, citizen-sourced distress reports, and artificial…

Bitcoin Steadies Around $64,000 as US and Iran Agree on Roadmap to a Final Deal Within 60 Days

Key Takeaways Qatar and Pakistan say the US and Iran agreed on a roadmap to a final deal within 60 days. Technical talks began at Switzerland’s Bürgenstock resort, with a Strait of Hormuz communication line set up. Bitcoin has swung…