Binance arranges $6.34 billion to cover losses from record crypto hack
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.
Record
AI models are becoming outdated at record speed — so what does that mean for the tokens that companies are spending millions on?
AI models are becoming quickly outdated as they’re replaced with newer versions Most AI tokens are used on models available for less than four months Open-weight models are now more popular than closed AI models New data from Vercel’s AI Gateway claims AI models are… Read More
Record U.S. diesel prices complicate bitcoin and gold outlook
U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More
Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to advance the bill out of the Senate Banking Committee, has repeatedly said he will not support the legislation on the Senate… Read More
Bitcoin whales bought $16.7 billion of BTC in two weeks even as ETFs bled a record $4 billion
Large bitcoin holders bought more than 270,000 bitcoin BTC$62,601.89 ($16.7 billion) over the past two weeks, stepping in as U.S. institutions pulled money out at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) shed $4.06 billion in June, their worst month since listing, past… Read More
$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
U.S. spot bitcoin ETFs have recorded $4.06 billion in net outflows this month, according to data from SoSoValue. It marks the largest monthly redemption on record, exceeding the previous high of $3.56 billion in February 2025. Last week, the funds saw redemptions of about $1.79… Read More