Is this the dawn of the Tokenpocalypse?
We’re likely to see more price increases as the big AI companies plan to go public. Source link
Tech & AI
Bitcoin
Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s
Key Takeaways Bitcoin’s network hashrate dropped 145 EH/s since May 28, falling to 885 EH/s as prices slide to February lows. Hashprice fell 26.96% in 30 days to $28.26/PH/s, with Elektron Energy CEO Rapha Zagury calling it Bitcoin’s first “ hashrate bear market.” A 10.76% difficulty reduction is projected for June 13, 2026, as fees
Crypto
rebound or another drop below $1?
XRP traded near $1.16 on June 7 after a sharp weekly selloff pushed the token close to the $1.00 area. The move gave traders a short-term rebound, but the wider trend remains weak. Summary XRP rebounded near $1.16, but weekly and monthly losses still show weak market structure. Egrag Crypto says XRP still follows his
Coinbase
Strategy is paying credit card rates to keep STRC at $100
Strategy founder Michael Saylor has increased the dividend rate on STRC so high that it’s now roughly 60% of a typical credit card rate. Source link
Bitcoin
100x Reversal? Strategy May Have Bought 3,200 BTC After Bitcoin Sale, Standard Chartered Says
Key Takeaways Standard Chartered suspects Strategy could announce a bitcoin purchase of either 320 BTC or 3,200 BTC. Forecasts call for bitcoin to reach $100,000 by the end of 2026 and $500,000 by 2030. Institutional demand could strengthen if Strategy resumes large-scale bitcoin accumulation. Standard Chartered Sees Strategy Rebound as BTC Tests a Fragile Floor
Crypto
GENIUS Act deadline puts stablecoin issuers on notice
The GENIUS Act is moving into a key rulemaking stage as digital dollar users and stablecoin issuers face a June 9, 2026 deadline for comments on FinCEN and OFAC proposals. Summary FinCEN and OFAC comments close June 9 for GENIUS Act stablecoin compliance rules. The proposed rule treats permitted stablecoin issuers as financial institutions under
Tech & AI
Malicious Hugging Face Models Could Trigger Remote Code Execution
Organizations using vulnerable versions of the Hugging Face Transformers library could unknowingly execute attacker-controlled code simply by loading a malicious AI model. Researchers at Pluto disclosed a remote code execution (RCE) vulnerability that bypasses the library’s built-in trust_remote_code=False security control, potentially exposing cloud credentials, SSH keys, API tokens, and other sensitive assets. “One poisoned field
Crypto
XRP Rebounds From Multi-Year Lows as Analyst Convinced Face-Melting Rally Is Still In Play
XRP is the top performing larger-cap altcoin today, surging by 5% even after it was stopped at $1.18. The Friday market massacre didn’t leave any digital asset behind, including Ripple’s cross-border token, which plunged to $1.05 for the first time in about 19 months. The asset has rebounded swiftly, though, and neared $1.20 earlier
Coinbase
Justin Sun nears $10M deal to settle SEC’s Tron lawsuit
Tron founder Justin Sun’s deal with the SEC would see all wash trading and price manipulation claims dropped. Source link
Bitcoin
Strategy Affirms Mission to Grow Net Bitcoin as CEO Shuts Down Rumors
Key Takeaways Strategy reaffirmed its long-term goal of increasing net bitcoin and bitcoin per share. CEO Phong Le rejected speculation that a 32 BTC sale signaled a strategic shift. Executive Chairman Michael Saylor’s remarks reinforced expectations for continued bitcoin accumulation. Strategy’s Bitcoin Sale Sparks Questions About Long-Term BTC Growth Strategy (Nasdaq: MSTR) faces a key