Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960% in the last 12 months, bringing its market capitalization to over $221 billion. While this rally may continue after the Micron earnings, WDC faces some
Solmate Infrastructure shares have collapsed after the company’s $300 million financing and pivot into a Solana-focused digital asset treasury, underscoring the risks facing public companies that attempted to replicate the crypto treasury model beyond Bitcoin. The company, formerly known as Brera Holdings, announced in September 2025 that it would rebrand as Solmate and raise $300
Base identified a consensus issue as the cause of a mainnet stall that temporarily halted block production on June 25, after an invalid block prevented the Coinbase-incubated Ethereum Layer 2 from advancing beyond block 47,806,542. According to Base’s official status updates, mainnet block production became unhealthy at 16:03 UTC, prompting the team to investigate an
BitGo is cutting nearly 15% of its workforce as the crypto custody and infrastructure company redirects resources toward stablecoins, settlement, trading and AI-powered infrastructure. Chief Executive Mike Belshe announced the workforce reduction in a company update, describing the layoffs as a one-time action tied to changes in the crypto ecosystem and BitGo’s own strategic priorities.
The U.S. government has reportedly asked OpenAI to delay a broad release of GPT-5.6 and instead roll out access through a staggered preview process, a move that could mark one of the most direct federal interventions yet in the deployment of a frontier artificial intelligence model. The request was reported by The Information and cited
U.S. spot crypto exchange-traded funds recorded $777.5 million in combined net outflows on June 25, as redemptions accelerated across Bitcoin products and selling pressure extended into Ether and Solana funds. Spot Bitcoin ETFs posted $691.7 million in net outflows, marking a deeper negative session after $469.0 million in redemptions on June 24. BlackRock’s IBIT led
Zero Hash has launched Staking-as-a-Service for financial institutions, allowing banks, brokerages and fintech platforms to embed cryptocurrency staking directly into their existing applications through a single API integration. Interactive Brokers, Public and BitMart will become the first launch partners, marking another step in the convergence of traditional financial platforms and digital assets. The new infrastructure
Bybit has introduced dedicated AI Subaccounts that allow traders to deploy autonomous trading agents inside isolated environments, reflecting a broader industry shift toward agentic trading while addressing one of artificial intelligence’s biggest operational risks in financial markets: giving AI direct access to customer funds. The feature, announced on June 24, provides segregated accounts specifically designed
Bitcoin Suisse has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, becoming one of a growing number of crypto firms positioning themselves to compete across the European Economic Area through a single regulatory framework. The Liechtenstein Financial Market Authority granted the company’s European subsidiary a Crypto Asset Service Provider licence, allowing it to
Why Did The Reported Aave Valuation Trigger Pushback? Aave founder Stani Kulechov pushed back against a report that Kraken parent firm Payward is in talks to buy a 15% stake in the protocol at a $385 million valuation, a figure that would place the deal at a steep discount to the AAVE token’s fully diluted