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Markets

Robinhood Shares Rise 1.3% on 10% Workforce Cut
Robinhood announced a 10% workforce reduction on Tuesday, marking the fourth round of layoffs in 2026. The company's stock rose 1.3% in premarket trading, signaling investor approval of the cost-cutting measure amid declining crypto trading volumes.

Tom Lee's Bitmine Reaches 4.66% of Ethereum Supply
Bitmine, led by Fundstrat co-founder Tom Lee, has expanded its Ethereum holdings to 5.62 million ETH following a $274 million preferred stock offering, bringing the company to 4.66% of Ethereum's total circulating supply.

Wallet V Launches Public Benchmark for AI Trading Agents
Wallet V, a self-custody Web3 wallet, launched a public performance benchmark on June 15 that tracks AI trading agents configured by its users on decentralized derivatives platforms Hyperliquid and Aster.

Bybit Launches First Options Market for Tether Gold
Bybit has launched a dedicated options market for Tether Gold (XAUT), marking the first time a major crypto exchange has built derivatives infrastructure specifically for a tokenized real-world asset. The launch went live on June 16, representing a significant step toward institutional-grade...
Regulation

State Street Launches GENIUS-Compliant Money Market Fund for Stablecoins
State Street Investment Management launched SSCXX on June 8, a dedicated money market fund for stablecoin issuers compliant with the GENIUS Act. The move positions the $40 trillion asset manager as the fourth major Wall Street institution competing in the fast-growing stablecoin reserve...

Coinbase's Armstrong Targets Accredited Investor Rules as 'Regressive Tax'
Coinbase CEO Brian Armstrong launched a direct critique of US accredited investor rules, calling them a wealth-based gatekeeping mechanism that systematically excludes ordinary Americans from the market's highest-returning investment opportunities.

India Charges 8 in $20M Coinbase Spoofing Scam
India's Directorate of Enforcement filed charges against eight defendants for orchestrating a $20 million spoofing scheme on Coinbase, marking a significant escalation in cross-border crypto enforcement and signaling growing regulatory coordination against digital asset market manipulation.

South Korean Police Arrest 23 in $11M USDT Laundering Scheme
South Korean police arrested 23 individuals in connection with a $11 million USDT laundering operation spanning 14 months. The case demonstrates that stablecoin transactions leave traceable digital trails for law enforcement despite their pseudonymous nature.
DeFi

Standard Chartered Targets $100 UNI by 2030 on Wall Street Adoption Thesis
Standard Chartered analyst Geoff Kendrick projects Uniswap's UNI token could reach $100 by 2030, representing 40x upside. The forecast depends on Wall Street treating Uniswap as neutral infrastructure for tokenized assets and the protocol's fee-switch mechanism tightening supply.

Standard Chartered Sets $100 UNI Target by 2030, Betting on DeFi's RWA Future
Standard Chartered Global Research initiated coverage of Uniswap (UNI) on June 15, 2026, with a $100 price target for the end of 2030, representing roughly 40x increase from current levels near $2.50.

Ethena Labs Allocates $250M to Securitize's Tokenized CLO Fund on Solana
Ethena Labs is allocating $250 million to Securitize's Tokenized AAA CLO Fund on Solana, marking one of the largest institutional commitments to onchain structured credit. The deployment backs reserves for USDe, Ethena's synthetic stablecoin, and signals growing institutional adoption of...

Figure Acquires Kiavi for $717M in Blockchain Lending Push
Figure Technologies has agreed to acquire Kiavi for $717 million, consolidating two players in blockchain lending. The deal is expected to bring more than $7 billion in annual first-lien loan volume onto Figure's blockchain-based marketplace.
Technology

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.

Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal

Polkadot Bridge Exploit: Hacker Mints 1B DOT, Seizes Admin Control
Polkadot Bridge Exploit: Hacker Mints 1 Billion DOT, Seizes Admin Control **An attacker exploited a critical vulnerability in a Polkadot cross-chain bridge on Tuesday, minting approximately 1 billi
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