24/7 Blockchain industry dynamics and breaking crypto news
Multiple major social media platforms experienced service disruptions on June 22. Monitoring data shows users reported widespread access issues on platforms including X and Reddit, with services currently being restored.
Read MoreThe US crypto industry is accelerating efforts to advance the Clarity Act through Congress during the summer recess, backed by millions in political spending. Lobbying focuses on key provisions while facing potential hurdles over sports betting restrictions on prediction markets.
Read MoreSpaceX's stock fell sharply by 8%, closing at $170.245 per share, bringing its total market value to $2.24 trillion. This sudden drop has sparked market attention on the aerospace sector's near-term trajectory.
Read MoreFueled by Bitcoin's over 2% price gain, cryptocurrency-related equities surged across the board. BlackRock's iShares Bitcoin Trust (IBIT) rose 4%, mirroring gains in ProShares' Bitcoin Strategy ETF. Mining stocks led the charge, with MARA Holdings soaring over 10%, and RIOT Platforms and HUT 8 Corp posting significant gains, reflecting a market sentiment shift aligned with Bitcoin's momentum.
Read MoreOn June 22, major US stock indices opened slightly lower. While semiconductor and memory stocks like Micron and Western Digital gained, SpaceX faced pressure following a bond offering announcement, highlighting a divergence within the tech sector.
Read MoreMicron Technology's stock surged over 6% on June 22, closing at $1203.66 per share. Its market capitalization reached $1.36 trillion, marking another record high, driven by strong earnings outlook and recovering industry demand.
Read MoreThe US Treasury issued a 60-day license permitting Iranian crude oil production and sales. This follows Iran's commitment to keep the Strait of Hormuz open and allow IAEA inspections. The move could impact global energy markets and regional security dynamics.
Read MoreReports suggest OpenAI's IPO plans face scrutiny due to a striking financial mismatch: zero debt and low capital expenditures on its balance sheet, while its AI business relies heavily on costly hardware infrastructure, prompting investor concerns over capital efficiency.
Read MoreSharplink, a Nasdaq-listed Ethereum treasury company, has raised approximately $75 million through stock and warrant sales. The funds will support operations, further ETH acquisitions, and a share repurchase program. As of June 16, the company holds 875,776 ETH.
Read MoreWeb3 payment infrastructure firm MoonPay has acquired AI accounting startup Entendre, according to Axios. Entendre provides automated bookkeeping and compliance tools for businesses using stablecoins and digital assets. The deal strengthens MoonPay's enterprise financial services offerings.
Read MoreNVIDIA unveiled NVIDIA Halos for Robotics, a full-stack safety system that unifies AI computing with robotic safety architecture. It aims to accelerate the deployment of next-generation autonomous robots in industrial settings, with a leading robotics company among the first adopters.
Read MoreThe ATM/WBNB liquidity pool on PancakeSwap was exploited in an arbitrage attack, resulting in a loss of approximately 1,604 WBNB (~$950K). The attacker manipulated pool reserves to create price discrepancies, enabling abnormal swaps that drained the pool. The incident highlights risks in specific DeFi contract functions without using flash loans.
Read MoreAsset management firm Strive purchased an additional 759 Bitcoin for approximately $50 million, bringing its total holdings to 19,864 BTC valued at over $1.25 billion. The move signals continued institutional confidence in digital assets.
Read MoreSpaceX has launched its inaugural investment-grade bond offering, aiming to raise roughly $20 billion. The funds will refinance a major bridge loan, signaling a fresh fundraising push for its Starship, Starlink, and AI ambitions. The move comes after receiving favorable ratings from major agencies, paving the way for lower-cost capital.
Read MoreBitMine's cryptocurrency portfolio has exceeded $10.7 billion, with Ethereum holdings surpassing 5.67 million coins, accounting for 4.7% of total supply. The firm added over 52,000 ETH last week and has staked $8.2 billion worth of ETH, signaling strong conviction.
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