Key Takeaways STRC hit $82.53 on June 18 before Strategy’s preferred stock closed at $88.59. Strategy’s $10.5B STRC stack showed bitcoin-linked credit can trade far from par. Michael Saylor’s 11.50% STRC rate now faces a fresh test near its $100 target. Why STRC’s Wild Session Matters to Bitcoin Treasury Bulls The move was not some…
The end of another week has arrived, and with it another batch of expiring crypto options as spot markets turn red once again. Around 30,500 Bitcoin options contracts will expire on Friday, June 19, with a notional value of roughly $1.9 billion. This event is slightly smaller than last week’s and still not enough…
DeductiveAI, a startup that uses AI to catch and resolve bugs in software, has agreed to be sold to enterprise software company Elastic for up to $85 million, according to a person with knowledge of the deal. Deductive, which was founded in 2023, came out stealth last November when it announced a $7.5 million seed…
Former Ethereum Foundation contributor Trent Van Epps has warned that Ethereum could face a core development funding gap within the next three to nine months. Summary Van Epps says Ethereum core development may need about $30 million yearly to remain stable. He links the pressure to EF spending cuts and the Client Incentive Program’s expiry…
AI-generated designs can move fast, but businesses still need them to adhere to brand rules, align with approved components, and survive the handoff to development. Anthropic announced a major Claude Design update on June 17 that adds design system imports, tighter Claude Code integration, direct canvas editing, and more export options. The beta product is…
Key Takeaways As of June 10, The Alliance for Secure AI Action tracked 126,510 U.S. jobs lost, next driving AI market fears. Brendan Steinhauser warned that AI firms hoard wealth, while 40% in a February Pew survey fear market harm. Bernie Sanders introduced an AI fund act to next share 50% market ownership with the…
If you like playing daily word games like Wordle, then Hurdle is a great game to add to your routine. There are five rounds to the game. The first round sees you trying to guess the word, with correct, misplaced, and incorrect letters shown in each guess. If you guess the correct answer, it’ll take…
Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. Summary Morgan Stanley amended its Ethereum and Solana ETF filings to include staking and a 0.14% annual fee. The proposed structure…
The custody firm is offering exchanges and fintechs a compliance bridge just 13 days before the EU’s July 1 MiCA authorization deadline — a lifeline for hundreds of firms still operating without licenses. BitGo Europe has unveiled a Crypto-as-a-Service (CaaS) platform designed to help crypto businesses maintain regulatory compliance across the European Union’s 30-nation Economic…
Dialog, the private network cofounded by Peter Thiel, grades its event attendees on a hidden scale, ranking them by wealth and fame, tracking their relationships, and using algorithms to help decide who they should meet, who they should sit with, and who no longer belongs, WIRED has learned. The records are part of a trove…
