SpaceX To Acquire Cursor for $60 Billion
SpaceX has agreed to acquire AI-powered coding assistant Cursor in a landmark $60 billion all-stock deal, marking one of the largest AI acquisitions to date and deepening Elon Musk’s reach…
Sam Bankman-Fried May Launch New Coin After Prison, Report Says.
Disgraced FTX founder Sam Bankman-Fried is reportedly considering launching his own cryptocurrency upon release from prison, according to accounts from a former inmate who shared details of their conversations. Bankman-Fried,…
U.S. Gaming Industry Pushes Lawmakers to Curb Sports Prediction Markets.
The American gaming industry is intensifying lobbying efforts in Washington to impose strict limits on sports prediction markets, arguing they operate in a regulatory gray zone that undercuts licensed sports…
Ethereum Price Fights for $2K as Whales Buy the Dip.
Ethereum is battling to reclaim the $2,000 psychological level as large holders aggressively accumulate during the recent pullback. As of June 17, 2026, ETH trades around $1,780, showing resilience amid…
Illinois Becomes First State to Tax Crypto Transactions This Way.
Illinois has become the first U.S. state to impose a transaction-based tax on cryptocurrency purchases and sales, effective July 1, 2026. Under the new law, signed by Governor JB Pritzker…
Circle Mints 1B USDC on Solana as Weekly Issuance Hits 3.5B
Circle Internet Financial minted 1 billion USDC on the Solana blockchain on June 16, 2026, contributing to a record weekly issuance of approximately $3.5 billion across major networks. The large…
Robinhood Announces Layoffs Affecting 290 Employees Amid Restructuring Push.
Robinhood Markets has announced it will cut approximately 10% of its full-time workforce, impacting around 290 employees, as part of a broader restructuring effort to streamline operations and improve efficiency.…
Nuvei to Acquire Stablecoin Payments Platform Payoneer for $2.75B.
Canadian payments technology company Nuvei has agreed to acquire Payoneer Global in an all-cash deal valued at approximately $2.75 billion. The transaction, announced on June 15, 2026, will combine Nuvei’s…
Two Poison Pills, One Bill: How CLARITY Act Got Stuck From Both Sides.
The Digital Asset Market Clarity Act, commonly known as the CLARITY Act, has hit a serious roadblock in the Senate despite clearing the Banking Committee in May 2026. The comprehensive…
Trump-Backed USD1 Takes Center Stage With Record UFC Bonus Payouts.
Trump family-backed stablecoin USD1 took a prominent role at UFC Freedom 250, as World Liberty Financial (WLFI) funded a $250,000 Performance of the Night bonus pool paid out in the…