Rent a car, launder crypto: Italian police bust $76M mafia scheme
The scheme used a Milan-based car rental company run by suspects with ties to the Ndrangheta and Camorra mafia groups.
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— Abracadabra, DAO
Abracadabra breaks its DAO to shut down protocol
Abracadabra DAO, which once held over $6B in TVL, is to be shuttered after a second vote on a “wind down” proposal with reduced quorum.
Inside AMD and Anthropic’s ‘chips for shares’ deal
Anthropic wants to buy $20B of computational capacity from AMD. Conveniently, AMD commits to buy $5B of Anthropic stock.
Fidelity says poorer people can access more IPOs
As demand for US IPOs dries up, retail demand has become increasingly important, and brokerages like Fidelity are happy to accommodate.
Michael Saylor’s STRC has been off parity for five months
Despite Strategy’s attempts to bring STRC back to par, the perps have stubbornly remained below parity since May 15.
Gemini stock reaches record low, down 89% since IPO
The Gemini crypto exchange closed at a record low on Monday, reaching $3.215, a decline of 89% since its IPO.
Joe Lubin sells SharpLink after 94% stock collapse
SharpLink is down 94% from its 2025 peak, sits on MSCI’s watchlist for index removal, and its lead investor is selling.
Google Cloud outage takes down Revolut, Lloyds, and HSBC
An issue with Google Cloud's London-based data center has caused a major outage impacting the services of multiple banks.
AI leads ‘longest losing streak’ for Chinese stocks
The CSI 300 index has declined for 10 consecutive weeks, an all-time record, with Chinese AI and chip stocks leading the sell-off.
— Justin Sun, Stocks
Justin Sun’s TRON stock nears delisting price
TRON's stock price is hovering minimally above the $1 threshold necessary to stay listed on Nasdaq. But what’s going wrong?