Industry News

  • S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin02 Jun 2026 07:10Outside view of the NYSEThe S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and trailed the equity rally. Tech Leads Indexes to Fresh Records U.S. equities began June on a solid note, as the S&P 500 rose 0.26% to close at an […]
  • Ex-Miami Heat Guard Terry Rozier Hit With Federal Bribery Charges Over Alleged $100K Kickback02 Jun 2026 06:30Ex-Miami Heat Guard Terry Rozier Hit With Federal Bribery Charges Over Alleged $100K KickbackThe former NBA guard was hit with new federal sports bribery charges over an alleged six-digit kickback he received to manipulate his performance in a 2023 Charlotte Hornets game. The superseding indictment escalates a sweeping federal sports betting probe that has charged 34 defendants since last October. Bribery Charges Add to Existing Wire Fraud Case […]
  • The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares02 Jun 2026 05:30Bono and Steve Jobs smile while holding portable music players during a product launch event. Credit photo : 2004 PETER DASILVA/NYTIn 2004, U2 approached Apple about an ad deal, asking to be paid in Apple shares. Steve Jobs refused and instead steered the band into a no-fee campaign built around a special iPod U2 Edition, complete with black casing, red click wheel and engraved signatures. The tie-up drove a hit product and big sales without […]
  • Citi Projects $5.5T Tokenized Market by 2030 as Wall Street Moves Onchain02 Jun 2026 04:30Citi logo on high rise buildingCiti expects tokenized securities and real-world assets to grow from about $17 billion today to $5.5 trillion by 2030. The bank says Treasury bills, digital stocks, and stablecoins could become the main drivers of Wall Street’s move onchain. Citi Highlights Stablecoins, Treasuries and Stocks as Tokenization Leaders Citi expects the market for tokenized securities to […]
  • Solana Prepares for a Massive Tokenomics Overhaul to Slash Network Inflation02 Jun 2026 03:30SIMD-547 Solana ProposalThe proposal, introduced by pseudonymous developer cavemanloverboy, aims to increase the amount of SOL burned by introducing a new base fee for every transaction. This might make Solana’s network issuance deflationary during periods of very high activity, according to some estimations. Proposed Solana Tokenomics Might Make SOL Deflationary Solana developer cavemanloverboy has introduced a proposal […]
  • Avalanche Network Explodes as FIFA World Cup Drives 60,000 Blockchain Ticket Transactions02 Jun 2026 02:30Sign Advertising FIFA World CupArielle Pennington, SVP of Growth at Avalanche, stressed that the rise in these ticketing transactions before the FIFA World Cup shows how blockchain technology can be adopted in the background, integrating seamlessly into the user experience process without being promoted upfront. Avalanche Facilitates Over 60,000 FIFA World Cup Ticket Transactions The upcoming FIFA World Cup, […]
  • LAB Reaches $16.23 Despite 95% Supply Concerns as Short Sellers Take Heavy Losses02 Jun 2026 01:30LAB charges to new ATH despite token supply concentration concernsLAB defied serious insider-dealing and tokenomics allegations to hit a new all-time high of $16.23 on June 1, pushing its year-to-date gains past 12,000%. New All-Time Highs for LAB On June 1, LAB, the token of an AI trading terminal project, jumped to a new all-time high of $16.23, a more than 100% gain from […]
  • Cheap Oil May Not Be Coming Back Soon as Markets Price Supply Risks02 Jun 2026 00:30Cheap Oil May Not Be Coming Back Soon as Markets Price Supply RisksCheap oil may not return soon, leaving investors, businesses, and consumers exposed to higher costs for longer. A new supply-security premium could keep inflation pressure alive, delay rate cuts, and reshape global markets. Oil’s New Security Premium Puts Inflation and Rate Cuts at Risk Cheap oil may not return soon, and Devere Group CEO Nigel […]
  • Binance Opens 7,000 US Stocks to Global Users With Commission-Free Access01 Jun 2026 23:30Binance logo on high rise buildingBinance will let non-U.S. users trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional purchases. The exchange also plans to introduce “bStocks,” allowing eligible users to tokenize certain equities on BNB Chain. Richard Teng Pushes Binance Into U.S. Equities Binance is moving deeper into traditional finance with a plan to offer […]
  • Anchorage Digital Targets Hedge Funds and Banks With New Non-Custodial Trading Infrastructure01 Jun 2026 22:30Anchorage Digital office.Anchorage Digital, home to the only federally chartered crypto bank in the United States, has launched Coordinated Multiparty Settlement (CMS) powered by Atlas, a new infrastructure layer designed to bring institutional digital asset trading in line with the market structure that governs traditional finance (TradFi). What CMS Actually Does According to Anchorage’s announcement, the core […]