Category: crypto

MetaMask has launched Agent Wallet, allowing AI agents to execute trades, swaps, and other transactions under user-defined controls. The wallet is designed for autonomous agents to carry out tasks without manual input. Security controls are central, with every transaction screened by Blockaid and requiring user approval for risky activity.

Despite facing a 25-year prison sentence, Sam Bankman-Fried has filed a presidential pardon application while challenging his conviction through the U.S. appeals process. Donald Trump has previously stated he does not plan to grant clemency, leaving Bankman-Fried’s legal and pardon requests as his main paths for relief.

Amazon has signed a multi-year agreement with Corning to secure optical fiber for its U.S. data center network, creating 1,000 jobs in North Carolina. Corning will supply fiber optic products for Amazon’s expanding cloud and AI infrastructure. The deal comes as demand for AI computing equipment increases, with Corning’s shares rising after the announcement.

The U.S. House is close to approving a $70 billion immigration funding package after Senate passage. The bill would fund ICE and CBP through the end of President Trump’s term. Republicans used budget reconciliation after talks stalled in Congress. The House could vote on the bill as early as Tuesday.

China’s Ministry of State Security warned developers about risks associated with using overseas AI relay services, which could expose user information and enable unauthorized cross-border data transfers. Despite domestic competition, Chinese developers still seek U.S. AI models for coding tasks. The ministry raised concerns about data security and urged developers to assess platform credentials.

The crypto industry is pushing for the CLARITY Act, with Coinbase, Ripple, and 200+ groups urging the Senate for a vote. Galaxy Digital reduced the bill’s chances to 60% due to time constraints. Despite support from lawmakers and officials, concerns remain about the bill’s passage due to procedural issues and competing legislative priorities.

President Donald Trump ended an NBC interview after questions about a disputed compensation fund and election claims. Trump supported the proposed weaponization fund despite legal setbacks and criticized questions about evidence. He also discussed the January 6 Capitol attack and election fraud claims without providing proof. The interview ended when Trump decided to stop participating.

Strategy shareholders approved semi-monthly STRC dividend payments, with distributions on the 15th and last day of each month. STRC traded below its $100 par value at $96.65 with an annual dividend rate of 11.50%. Strategy resumed Bitcoin purchases with a $101.3 million acquisition while debate continues over dividend funding.

TON Strategy reported earning an estimated 3.3 million TON in staking rewards in May, with a gross staking yield of 1.48%. The company supported network upgrades focused on performance, throughput, and scalability. TON Strategy backed governance changes that took effect on June 4, 2026, and remains a major TON holder and validator.

The Financial Conduct Authority in the UK is proposing to allow authorized investment funds to invest up to 10% of their assets in crypto exchange-traded notes (ETNs), while direct cryptocurrency ownership remains prohibited. This proposal aims to expand access to regulated crypto products while maintaining certain restrictions on investments.