July 2, 2026

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Crypto

Top US Banks to Launch Tokenized Deposit Network: Report

The planned network aims to connect traditional banking rails with blockchain infrastructure for around-the-clock settlement capabilities. The biggest banks on Wall Street are reportedly going to launch a tokenized deposit network in the first half of 2027. The effort is being led by the Clearing House, a real-time payments company co-owned by major financial

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Bitcoin

Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence

Key Takeaways On June 5, ETH plunged 10% to $1,545, leading a market-wide sell-off that erased $468M in leverage. ZEC crashed over 40% after an AI tool found a security flaw, ceding its top privacy coin spot to Monero. Fhenix founder Guy Zyskind expects the ZEC exploit to shift industry focus toward FHE privacy tech.

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Coinbase

UXLINK hacker’s wild ride: Up just 0.2% on $36M loot

The hacker has clawed back $4.8M of losses, six months after draining UXLINK’s multi-sig and minting a billion tokens. Source link

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Crypto

SpaceX lands Google GPU deal as record IPO countdown begins

SpaceX has secured a major compute agreement withGoogle ahead of its planned Nasdaq listing, adding another large customer to its expanding AI infrastructure business. Summary SpaceX has secured a $920 million monthly compute deal with Google ahead of its planned Nasdaq IPO. Google will access about 110,000 NVIDIA GPUs and related equipment from October 2026

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Crypto

$62Bn Vanished: Is the Bitcoin Corporate Treasury Meta Dead?

In Bitcoin news today, publicly traded companies built around holding BTC as their core reserve asset have shed $62Bn in combined market value since early October, with the total capitalization of these firms collapsing from $134Bn to approximately $72Bn, according to data from Artemis. Dozens of digital-asset treasury companies are affected, and losses in their

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Tech & AI

Google seeks permission to release millions of mosquitos in California, Florida

Billion dollar tech company Google is embracing bugs. Literally. Not digital ones, but real, living insects that the Silicon Valley giant plans to release into the air. It’s an initiative known humorously as the “Debug Project.” First announced a decade ago, the latest iteration of the project aims to introduce 64 million mosquitoes — male

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Bitcoin

Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

Key Takeaways Bitcoin plunged below $60,000 on Friday, June 5, 2026, a sharp 4% decline in just 24 hours. The flash crash triggered $1.57 billion in leveraged liquidations across the broader crypto market. Michael Saylor outlined 4 core ideologies to navigate bitcoin’s structural transition into a global asset. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged

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Coinbase

Afroman’s crypto token pumps 4,685% on defamation victory

Afroman, known for his 2000s hit “Because I Got High,” was sued by police after he mocked a botched raid on his home via the medium of rap. Source link

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Crypto

Bitcoin’s Future Is Now a Four-Way Ideological Battle, According to Michael Saylor

Saylor said that Bitcoin’s strength lies in serving multiple constituencies without belonging to any single ideological group or force. Bitcoin has moved beyond being a narrow technical experiment or niche monetary protest, according to Strategy Chairman Michael Saylor. He believes the crypto asset is now the dominant digital monetary network and is a global

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Crypto

BlackRock-backed Securitize nears NYSE debut after SEC move

Securitize has moved closer to entering public markets after securing regulatory clearance for its planned SPAC merger. Summary Securitize has received SEC approval for its SPAC merger filing with Cantor Equity Partners II. The deal now moves to a shareholder vote scheduled for June 29. If approved, Securitize is expected to list on the New

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