Lithosphere Deploys Full-Stack Development Environment for AI-Native Applications
Seattle, Washington–(Newsfile Corp. – May 1, 2026) – Lithosphere has deployed a full-stack development…
SEC Crypto News: Can Bittrex Wipe Out Its Regulatory Penalties?
In SEC crypto news today, the US regulatory body has filed a formal opposition in the US District Court for the Western District of Washington, fighting to preserve a $24M judgment against Bittrex: a penalty covering $14.4M in disgorgement, $4M in prejudgment interest, and a $5.6M civil fine, which was finalized in August 2023. The…
Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout
A wave of publicly traded companies built to hold Bitcoin for investors is unraveling fast, wiping out tens of billions in market value as the crypto downturn grinds on. When Bitcoin was soaring, the pitch was simple: buy shares in a company that stockpiles Bitcoin, and watch your investment grow — without ever touching a…
Supabase doubles valuation to $10B in 8 months
Supabase, the open source database of choice for the vibe coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday. That’s about $10.5 billion after the investment. The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as…
US-China Competition Is ‘the Best Thing to Happen to America Since the Cold War’
Key Takeaways Coinbase CEO Brian Armstrong called U.S.-China competition the best thing for America since the Cold War. His remark lands amid a CLARITY Act fight and Jamie Dimon’s June 1 attack on Armstrong. Armstrong argues rivalry will spur innovation, framing crypto rules as a US competitiveness test. A Bullish Take on Great-Power Rivalry Brian…
How Low Can XRP Go If $1 Support Cracks?
XRP opens June with its most significant decline of the past 3 months. The $1.20 support band, which served as the absolute floor for months, is being breached, with the price now trading at $1.11. The RSI is also printing its lowest reading since February’s capitulation, and the next meaningful support is nearly $0.30 lower….
Coinbase and Better Fund First Fannie Mae-Backed Bitcoin Mortgage
A married couple in Ann Arbor, Michigan, just made history — not by winning the lottery or inheriting a fortune, but by buying a home using Bitcoin as collateral. Their transaction, quietly closed on June 4, marks the first time a government-sponsored enterprise has backed a conforming mortgage structured around digital assets, and it may…
Southeast Asia Scam Compounds Turn AI Into a Cybersecurity Threat
Scam compounds across Southeast Asia are no longer just running mass-message fraud. They are using artificial intelligence and automation to make cybercrime faster, more convincing, and harder for APAC security teams to contain. For organizations operating in the region, the risk now extends beyond fake messages and obvious phishing attempts. AI-assisted scams can be localized,…
Visa tests private stablecoin settlement on Canton Network with Brale SBC
Visa has tested stablecoin settlement using Brale’s SBC token on the Canton Network, as global stablecoin issuance has surpassed $300 billion, according to S&P Global Ratings. Summary Visa, Brale, and Canton Network are testing private stablecoin settlement using SBC, a U.S.- dollar-backed stablecoin, on a permissioned blockchain network. The pilot examines whether financial institutions can…
National Donut Day freebies: Dunkin’, Krispy Kreme, 7-Eleven, and more
If you’re a fan of made up holidays, today’s a day worth celebrating. June 5 is officially National Donut Day — something everyone can get behind — which means you can enjoy free or discounted donuts at restaurants and retailers across the nation. The holiday was created by The Salvation Army in 1938 to honor the women who…
XRP Sell-off Hits $1.09 as Traders Face Fresh Downside Risk
Key Takeaways XRP continued to make lower highs and lower lows as selling pressure intensified. Support near $1.09 remains critical for preventing additional downside momentum. An analyst warned a break below key levels could deepen losses. XRP Downtrend Deepens as Sellers Keep Control At 10:14 a.m. ET on June 5, XRP was trading at $1.110,…
