June delivered the worst month in the history of United States spot Bitcoin ETFs, with more than $4 billion pulled and 2026 flows turning negative for the first time. Over the same 2 weeks, the largest wallets on the network absorbed 270,000 BTC. One of these cohorts is going to be wrong, and the last…
As part of an ongoing legal dispute with three Hollywood studios, AI startup Midjourney is seeking to compel those studios to reveal how they use AI themselves. Disney and Universal sued Midjourney for alleged copyright infringement last year, noting that the startup’s image-generation models could create images of characters, such as Bart Simpson and Darth…
Key Takeaways Strategy’s CEO connected bitcoin with his refugee experience and America’s promise of individual opportunity. The executive compared bitcoin’s design with constitutional limits on discretion and centralized control. His argument presents bitcoin as monetary freedom shaped by rules, resilience and property rights. Why Did Strategy’s CEO Connect Bitcoin to America’s Promise? Strategy CEO Phong…
Ethereum has extended its recovery over the past several sessions, breaking above its recent consolidation range and approaching a major confluence resistance area. The rally has improved short-term sentiment, but the market is now testing a zone that could determine whether this move develops into a broader trend reversal or remains a relief rally within…
Elon Musk denied a report that SpaceX showed investors an AI device prototype, but the Starlink-xAI connection gives IT teams a reason to monitor the platform risk. The post Elon Musk Denies SpaceX AI Device Report as Starlink Strategy Questions Grow appeared first on TechRepublic. Source link
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and is down nearly 40% on the month. This is the story of how a moat…
Following the recent news that Sony will end support for physical discs for its PlayStation consoles beginning in Jan. 2028 and the attendant fan backlash (Forbes called it “Sony’s Biggest Scandal in 20 Years“), Microsoft’s Xbox team is taking proactive steps to get ahead of the negative publicity for its own next-gen console, the Xbox…
Key Takeaways Team Falcons enters EWC 2026 chasing a 3rd Club Championship and $7M top prize. Paris hosts 25 EWC tournaments as 2,000 players compete across 24 game titles. Valorant opens EWC 2026 before PUBG Mobile and Honor of Kings offer $3M purses. Paris Takes Esports’ Biggest Stage The event runs from July 6 to…
CryptoQuant’s CEO Ki Young Ju says that Bitcoin may still have another parabolic cycle ahead, but it will likely require a considerable amount of institutional-scale capital inflows. Bitcoin might still enter another major bull cycle, but the amount of money needed to fuel it has grown dramatically compared to previous bull markets, according to…
For our very first WIRED Book Club livestream, Kate Knibbs will be joined by the author of The Yahoo Boys: Love, Deception, and the Real Lives of Nigeria’s Romance Scammers, Carlos Barragán. Barragán, a journalist and researcher at The New York Times, flew to Lagos to embed himself with a group of young, desperate grifters….
