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…
Citigroup Predicts $8 Trillion Tokenization Boom by 2030.
Citigroup has forecast explosive growth in the tokenized assets market, projecting it could reach as much as $8.2 trillion by 2030 in a bullish scenario. The bank’s “Tokenization 2030” report,…
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…
IMF Warns Nigeria Stablecoin Boom Is Testing Monetary Rules.
The International Monetary Fund has cautioned that Nigeria’s rapid adoption of stablecoins is increasingly challenging the country’s monetary policy framework and foreign exchange controls. In a new report released on…
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…
UK PM Announces Ban on Social Media for Under-16s
Prime Minister Keir Starmer has announced a comprehensive ban on social media access for children under 16 in the UK, describing it as bold action to protect young people from…