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The algorithmic stablecoin MIM has significantly depegged on the Arbitrum network, with its price dropping by approximately 11% in 24 hours to around $0.87. On-chain analysis indicates insufficient liquidity pool depth as the primary cause, raising concerns about market stability.
Read MoreOn June 12th, Israeli Prime Minister Benjamin Netanyahu issued a firm declaration, vowing to prevent Iran from acquiring nuclear weapons as long as he remains in office. He emphasized complete alignment with U.S. President Trump on this critical security issue.
Read MoreBlockchain data reveals a wallet linked to a notable figure withdrew over 15,000 Ethereum from Binance, valued at approximately $26.4 million. This significant capital movement is drawing market attention.
Read MoreGLJ Research maintains a Sell rating on Tesla with a $24.86 target. The analyst attributes Q2 delivery rebound to inventory clearance and seasonal factors, not fundamental improvement. High inventory and margin pressure remain key risks justifying the bearish stance.
Read MoreAustralian AI cloud provider Sharon AI's stock surged 21% pre-market after announcing a six-year compute power partnership with NVIDIA. The deal includes building a 72MW data center in Australia equipped with 40,000 Grace Blackwell GB200 GPUs to address growing AI infrastructure demand.
Read MoreBaidu's PaddlePaddle team releases PP-OCRv6, a next-generation OCR system with three lightweight versions. It integrates 50 languages into one model, shows major accuracy gains, and achieves performance comparable to billion-parameter visual language models in benchmarks. Code is now open-source.
Read MoreIran has cautiously responded to US claims that an agreement has been approved, emphasizing no final decision has been made. Tehran insists on prioritizing national interests and retaining sovereign decision-making authority.
Read MoreA lab has achieved a major breakthrough in capacitor technology, developing a 3D multi-layer on-chip capacitor with a density exceeding 1000nF/mm². Designed for direct integration into high-end AI, GPU, and processor chips, it supports high-performance, low-power computing. The tech is now moving towards pilot production and scalable application in advanced packaging.
Read MoreSpaceX's highly anticipated Initial Public Offering reaches a pivotal moment as its shares become eligible for trading starting at 10:00 AM ET. This landmark event opens the commercial space sector to public investment, creating a historic milestone for global capital markets and the technology industry.
Read MoreIran's official news agency reports no final nuclear deal in current memorandum. Substantive negotiations on Tehran's nuclear program are scheduled to begin within 60 days after agreement signing, marking a new phase in diplomatic efforts.
Read MoreReports indicate the US and Iran have agreed on a deal text, but Iran's Supreme Leader Khamenei may not have approved it yet. The signing could coincide with the G7 summit, with Geneva as a potential venue. US transport planes are already en route to Europe.
Read MoreChinese household loans fell by 141.2 billion yuan in May, continuing a downward trend. Both short-term and medium-to-long-term loans declined, indicating cautious consumer and property market sentiment, offering insights into economic dynamics.
Read MoreIran declares it will not restore the Strait of Hormuz to pre-conflict status. This strategic waterway's altered role is now a pivotal factor in regional geopolitics, impacting global energy routes and security, drawing intense international scrutiny.
Read MoreAn anonymous crypto whale has taken a massive $19.38 million short position on crude oil using 20x leverage as prices fell below $85, currently securing over $600k in unrealized profit, highlighting bold cross-market strategies.
Read MoreSpaceX debuted on Nasdaq on June 12 following a record $75B IPO, valuing the company at ~$1.77T. President Gwynne Shotwell stated the timing was right, the company is ready for public markets, and emphasized this IPO is just a "small step" in its larger cosmic journey.
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