Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an…
The city of Bergen, Norway, shook on the night of June 22–23, not because there was an earthquake or an unknown geological phenomenon. But because the Norwegian national team scored a goal during the 2026 World Cup. This curious phenomenon was reported by a team of researchers from the University of Bergen, who found that…
Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. Summary OpenAI has launched Jalapeño, its first in-house AI chip built with Broadcom and optimized for AI inference workloads. The chip rollout comes…
Facebook announced on Wednesday that it’s reimagining its Creator Studio tool as a stand-alone AI companion app designed to help creators grow their audiences on the social network. By giving creators access to this AI companion app, Meta is looking to keep creators active on Facebook as it competes for their attention against rivals like…
Key Takeaways Bitcoin fell 5% to $59,018 on June 24, dragging crypto market cap to $2.15T. Long liquidations hit $486M; below $58K, $1.6B in leveraged bets face wipeout. Contrarians see capitulation; June 30, 2026, window may define bitcoin’s next trend. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid…
The Commodity Futures Trading Commission (CFTC), the federal derivatives regulator, filed a lawsuit against the Commonwealth of Kentucky on June 23, 2026, making it the ninth state the agency has sued in an accelerating battle over who gets to regulate prediction markets in the United States. Kentucky had moved the prior week to shut down…
Meta is reportedly developing Arena, a standalone prediction-markets app that could launch with points before adding real-money features. The post Mark Zuckerberg Targets Prediction Markets with New Meta App ‘Arena’ appeared first on TechRepublic. Source link
DeFi has long promised open and self-custodial finance. But for most users, actually using it still means juggling through wallets, dApps, bridges, pools, approvals, and risks that are very hard to understand in real time, especially for someone who’s relatively new to the industry. CoinFello believes that the experience is ready for a major shift….
Prediction markets like Polymarket and Kalshi have become big business lately. Earlier this year, for example, Polymarket saw users spend $425 million in a single day. Sites like Polymarket and Kalshi allow people to bet on nearly anything, including sports, entertainment, finance, and politics. According to a report from the New York Times, Meta founder…
Key Takeaways Blackrock told advisors on June 23 that a 1%-2% bitcoin allocation can act as a complementary diversifier. The firm believes a 1%-2% weighting carries risk roughly similar to holding the “Magnificent Seven” tech stocks. Blackrock warned that the AI investment boom has been pulling capital from bitcoin, gold and other alternatives over the…
