Circle (CRCL) shares tumbled 20% and Coinbase (COIN) fell 8% after a draft of the US 'Clarity Act' proposed banning passive interest rewards for stablecoin holders. Analysts call it an overreaction but see near-term risks.
Alchemy has introduced AgentCard, a virtual Visa card and identity toolkit for AI agents, combining Visa payment tokens, contact credentials, and crypto wallet access in a single setup flow.
Coinbase and OKX are targeting European users affected by Binance service restrictions ahead of MiCA enforcement, using transfer bonuses and licensed status to win market share.
Michael Saylor said in a post on X that Bitcoin capital markets need a new financial language. He added that Strategy has refined its internal metrics to measure Bitcoin, digital credit and digital equity with greater precision. According to Saylor, the updated set now includes Net BTC, Net BPS, BTC Hurdle ARR and BTC Floor ARR, and these indicators are already live on Strategy.com. The update centers on how the company frames and tracks Bitcoin-related capital market measures, based on Saylor’s description in the post.
OpenAI CEO Sam Altman said U.S. policymakers need to act now as AI moves into daily economic use. He pointed to cyber threats, biosecurity concerns and shifting labor patterns, while arguing that companies should work closely with government.
U.S. chip stocks were hit by a sharp sell-off Friday, with the Philadelphia Semiconductor Index dropping 10.26% and listed chipmakers losing about $1.3 trillion in market value.
Bitcoin miner TeraWulf inks a 20-year, $19 billion data center lease with AI firm Anthropic, providing 400 MW of capacity. Shares jump 17% pre-market, up over 80% year-to-date.
Meta will close Horizon Worlds VR on June 15, 2026, pivoting to mobile-only. Six years of losses total $83.5 billion, with daily active users once falling below 900, affecting over 1,000 employees.
