July 2, 2026

Blog

Crypto

Arthur Hayes Sells HYPE and NEAR After Recent Bullish Calls

Arthur Hayes has sold his HYPE and NEAR positions just weeks after making bullish comments about both tokens.  The BitMEX co-founder said on X that he had dumped all of his HYPE and NEAR, adding that he would be posting an essay explaining his decision, titled “Reality Test.” He pointed to a few different

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Tech & AI

Benchmark raises its first-ever growth fund as part of $2B capital raise

Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its funds to about $425 million and backing only young startups. After more than two decades of restricting its vehicles to that amount or lower, the outfit has

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Coinbase

Flare’s billion-dollar XRP DeFi dream has just 80 new users a day

Flare’s FXRP DeFi ecosystem, pitched as a billion‑dollar XRP breakthrough, has seen slow adoption and largely flat user growth. Source link

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Crypto

Bitcoin slipped below key cost basis levels during May market correction:  Finestel

Bitcoin closed May near $70,600 after losing roughly 8% to 10% during a month dominated by rising inflation, higher Treasury yields, and escalating geopolitical uncertainty, according to a market report from Finestel. Summary Finestel said Bitcoin ended May near $70,600 after inflation concerns, rising Treasury yields, and geopolitical tensions triggered a market pullback. The report

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Bitcoin

Crypto Holders Avoid Israel’s Tax Program, Exposing Just $50.7M of Hidden Capital – Bitcoin News

Key Takeaways In August 2025, the Israel Tax Authority cut anonymity rules, causing crypto disclosures to drop to just 58. The policy shift left Israel with $14 million in revenue, missing a $700 million market collection goal. Taxpayers face a steep compliance hurdle before the current voluntary disclosure track closes on Aug. 31, 2026. Broad

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Tech & AI

Microsoft Project Solara Brings AI Agents to Enterprise Devices

Microsoft used Build 2026 to preview Project Solara, an early platform for enterprise devices built around AI agents instead of conventional apps. The concept is not a finished Microsoft gadget or a product ready for procurement. It is a look at how AI agents could move into managed workplace devices with identity controls, cameras, microphones,

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Coinbase

Inside the $280M Drift hack: weeks of setup, minutes to drain

Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals. Source link

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Crypto

Bitcoin has lost its momentum trade, says Charles Schwab’s Jim Ferraioli

Bitcoin has fallen more than 16% over the past month even as the S&P 500 has gained 5%, a divergence that Charles Schwab says is being driven less by crypto-specific problems and more by investors chasing opportunities elsewhere. Summary Charles Schwab’s Jim Ferraioli says Bitcoin has struggled as investors chase momentum in AI stocks, commodities

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Bitcoin

Bitmine Targets $300M in Preferred Stock to Stack More ETH, Yields 9.50% – Bitcoin News

Key Takeaways Bitmine filed to raise $300M through 9.50% perpetual preferred stock on June 3, 2026, backed by Moelis and Cantor Fitzgerald. The company holds 5,416,901 ETH worth roughly $9.89B total (using current exchange rates), with projected staking income of up to $296M annually covering the $28.5M dividend obligation. BMNR applied to list the preferred

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Altcoins

JPMorgan Chase CEO Speaks Out Against Clarity Act, Says Banks Will Fight Bill in Upcoming Markup

The CEO of financial services titan JPMorgan Chase says banks will fight back against the CLARITY Act, the landmark crypto bill that seeks to establish a regulatory framework for cryptocurrencies and digital assets in the US.  In a new interview, Jamie Dimon takes aim at the proposed legislation saying that it lacks adequate guardrails to

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