Category: crypto

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.

Syscoin paused its bridge after a security incident led to 5 billion unauthorized SYS outputs. Major tainted balances were traced to two UTXO addresses. Exchanges and partners were asked to freeze, blacklist, or monitor deposits. The team is investigating, fixing the issue, and determining how to address the unauthorized outputs.

A New York judge has paused a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets and blocked any move toward a default judgment before a July hearing. The complaint argues that abandoned property laws could apply to self-custodial Bitcoin wallets, sparking a debate over whether dormant blockchain assets can be claimed under existing New York…

BTCTOP CEO Jiang Zhuoer dismissed concerns about Strategy selling Bitcoin if the market drops further, stating that Strategy’s image as a long-term Bitcoin holder is important. Even if Bitcoin falls to $30,000, Strategy’s debt levels would still be manageable. Recent concerns over dividends and funding pressure were also addressed.

Arthur Hayes sold his Worldcoin holdings after promoting it as an AI-related investment, drawing criticism for the timing coinciding with a decline in WLD’s price. He defended the move, citing changing market conditions. Hayes also sold his NEAR and HYPE positions, attributing the decisions to various factors affecting the market.