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
Coinbase
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
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
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,
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
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
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
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
Tech & AI
Moon phase today explained: What the Moon will look like on June 4, 2026
If the sky is clear where you are tonight, you’ll likely be able to make out some surface features on the Moon. But what are they? Keep reading to find out. What is today’s Moon phase? As of Thursday, June 4, the Moon phase is Waning Gibbous. Tonight, 87% of the moon will be be
Coinbase
Death of the oldest living tortoise was just a crypto scam
The 194-year-old tortoise called Jonathan was reported to have died yesterday based on the false reports of a crypto scammer. Source link