Snap will be spinning off an internal generative AI video team into a separate company. The new company — dubbed Dotmo — will focus on developing AI models that can create interactive gaming experiences, Snap told TechCrunch. Snap cited the high costs of conducting such work internally as one of the reasons for the spinoff.
SpaceX has explored a bond offering worth as much as $20 billion while its publicly traded shares have fallen more than 9%, trimming Elon Musk’s fortune by roughly $59 billion from recent highs. Summary SpaceX is considering a bond sale of up to $20 billion to refinance debt due in 2027. SPCX shares fell more
Nikita Bier, Elon Musk’s head of product at X, is taking heat for changing the recommendation algorithm of Crypto Twitter. Source link
Toronto, Canada, June 18, 2026 – Blockchain Futurist Conference has partnered with Anvil, the decentralized protocol enabling digital asset-backed credit, to introduce an easier way for companies to secure sponsorships in advance. Sponsoring a conference has always brought on a difficult choice, either commit early and hand over capital months in advance, or wait and
In Bitcoin news today, Rodney Burton, the Miami-based promoter known online as ‘Bitcoin Rodney’, pleaded guilty on June 15, 2026, to conspiracy charges tied to HyperFund, a $1.8Bn crypto fraud scheme that extracted investor funds from victims across the globe. The plea, entered in the US District Court for the District of Maryland, exposes Burton
Kraken has expanded access to more than 2,500 Solana-based tokens through on-chain trading while SOL has fallen nearly 8% amid a wider crypto market selloff. Summary Kraken has launched on-chain trading for more than 2,500 Solana-based tokens across 100+ countries. The feature gives users access to many unlisted Solana tokens using USD or USDC. SOL
Eric Adams, the former mayor of New York City, announced his support for NYC Token, and minutes later the token was rug-pulled. Source link
Europe wants more control over the infrastructure behind AI, and Alibaba Cloud wants a bigger role in that market. The company has launched its first cloud region in France, adding two availability zones in Paris for European businesses weighing local cloud hosting, data sovereignty, and AI infrastructure needs. The expansion gives European companies another regional
Key Takeaways The Federal Reserve and 4 agencies proposed KYC requirements for payment stablecoin issuers on June 18, 2026. Gov. Michael Barr warned the GENIUS Act fails to adequately address illicit finance risks in stablecoin secondary markets. A 60-day public comment period opens before any rule is finalized, with secondary market rules also under review.
The Bitcoin price prediction shows BTC USD trading at around $64,000, down 2.2% in 24 hours and roughly 6% over the past seven days, and the Fed just handed traders another reason to stay cautious. Kevin Warsh’s first FOMC meeting as Federal Reserve Chair closed on Wednesday without a rate cut, without forward guidance, and