A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the terminal inflation floor from 5.7 years down to 2.8. The proposal was submitted by Helius…
While everyone else was getting ready for the weekend, Bitcoin took a plunge. The popular cryptocurrency was trading below $60,000 for at least part of Friday. This marked the first time since Donald Trump’s reelection in late 2024 that Bitcoin had dropped below that line, per Bloomberg. It’s also more than half the value of…
Key Takeaways Bitcoin hit a 2026 intraday low of $59,100 on June 5, falling 19.3% in 7 days and 26.8% over 30 days. Coinglass data shows $1.75 billion in liquidations in 24 hours, with 351,233 traders wiped out across crypto markets. More than half of all BTC now sits at an unrealized loss, a signal…
The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities. The biggest banks on Wall Street are reportedly going to launch a tokenized deposit network in the first half of 2027. The effort is being led by the Clearing House, a real-time payments company co-owned by major financial…
There are dozens of LED hair-growth gadgets on the market, ranging from a $50 product on AliExpress that’s been shopped onto a model to comically bad effect to the $2,500 Capillus Spectrum, which boasts an aggressive array of laser diodes. Contrary to what I would have suspected, women are actually the current dominant consumer group…
SpaceX has secured a major compute agreement withGoogle ahead of its planned Nasdaq listing, adding another large customer to its expanding AI infrastructure business. Summary SpaceX has secured a $920 million monthly compute deal with Google ahead of its planned Nasdaq IPO. Google will access about 110,000 NVIDIA GPUs and related equipment from October 2026…
A former IBM cybersecurity executive accused the company of getting hacked three times in the previous decade by foreign governments and then covering up the breaches. In a lawsuit unsealed this week but filed in 2020, William Barlow, who was IBM’s vice president of threat intelligence until August 2019, said IBM concluded Chinese hackers breached…
Key Takeaways Chile arrested 18 individuals over an $88M crypto laundering network linked directly to the Tren de Aragua gang. Shaking banking safety, Juan Carlos Pérez Asencio used Banco Santander to open several accounts since 2019. Hector Barros froze 140 accounts and seized $300K, prosecuting 18 suspects to cripple gang assets. Chile Shuts Down $88…
In Bitcoin news today, publicly traded companies built around holding BTC as their core reserve asset have shed $62Bn in combined market value since early October, with the total capitalization of these firms collapsing from $134Bn to approximately $72Bn, according to data from Artemis. Dozens of digital-asset treasury companies are affected, and losses in their…
Cybercriminals are probing a quiet layer of fuel infrastructure: the systems that monitor what is inside storage tanks. According to a new government advisory, reports have emerged of threat actors targeting Automatic Tank Gauge (ATG) systems used to monitor fuel and liquid storage tanks across the US. Officials say these actors have already compromised internet-facing…
