Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation. Source: cointelegraph.com Read Full Story
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Anthropic Backer Menlo Ventures Raises $3B In New Funds To Back AI Startups Across Stages
Venture investor Menlo Ventures 1 said Tuesday that it has raised $3 billion in new capital — the largest new raise in the firm’s 50-year history — to back AI-focused startups across enterprise, healthcare and consumer sectors. The Menlo Park, California-based firm highlighted its early investment in Anthropic, which last month overtook rival OpenAI as the…
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Solana is subsidizing high-volume traders before on-chain markets prove the activity can stick
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow:…
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Strategy: The Capital Stack Meets a Falling Bitcoin Price
Below is a summarized version of The Block Research’s Strategy: The Capital Stack Meets a Falling Bitcoin Price report. The full PDF version of this report is accessible here. Strategy Inc., formerly MicroStrategy, faces the first real test of its Bitcoin-treasury model. It holds 847,363 BTC acquired for $64.10 billion, or an average of $75,651….
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The $400 million machine powering the future of chipmaking
Jos Benschop is climbing a ladder to get to the top of his newest machine. It’s a bit of a schlep. The contraption is the size of a double-decker bus—more than 150 tons of gleaming precision-milled aluminum covered in thousands of snaking tubes, colored cables, and pressurized tanks. From the ground, it looks like a…
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Meta Exposed Data Internally From Its Controversial Employee-Tracking Program
Employees had previously raised concerns about the initiative, which involves collecting workers’ keystroke data to train AI models. Source: www.wired.com Read Full Story
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Strive says digital credit selloff was a liquidation event, not a credit crisis
A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact. Source: www.coindesk.com Read Full Story
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Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely. Source: www.cnbc.com Read Full Story
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No Claude Fable 5? No problem: Sakana achieves frontier performance with new Fugu multi-model, auto synthesis system
Last night, the increasingly enterprise-focused AI startup Sakana launched Fugu, a multi-agent orchestration system that delivers frontier-level AI performance through a single, OpenAI-compatible API. Designed for developers, enterprises, and nations seeking resilience against vendor lock-in and geopolitical export controls, Fugu (Japanese for “pufferfish”), bypasses the traditional monolithic model structure by dynamically routing queries to a…
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Cardano’s Hoskinson Bets Big on AI as Midnight City Development Pushes Forward
Charles Hoskinson is making a stronger case for artificial intelligence as work on Midnight City progresses. The Cardano founder now treats agents as the backbone of how the network communicates and scales. Below is a breakdown of his recent remarks, plus a closer look at what Midnight City is actually trying to prove. How Hoskinson…
