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Cryptopolitan

33214 Articles

Founded in 2018, Cryptopolitan has grown from a popular blog into a trusted source of news and analysis for millions of readers worldwide. Over the years, we have expanded our coverage to include a wide range of topics, from market trends and technological innovations to regulatory changes and industry events.

Our team includes seasoned journalists, industry experts, and passionate crypto enthusiasts who are committed to delivering high-quality news.

Cryptopolitan is continuously expanding its network and offerings to reach a global audience across the cryptocurrency, AI, gaming, blockchain and web3 markets.  

Jeremy Grantham said Bitcoin will gradually lose relevance

GMO (NYSE: GMO) co-founder and Wall Street’s most famous bear, Jeremy Grantham, on Friday repeated his long-held negative view of Bitcoin, saying he expects it to slowly disappear over time instead of becoming a lasting part of the financial system. Jeremy has built a reputation by warning about major asset bubbles and has argued that...
Fri, Jun 26

Enterprises pull back on AI spending as token bills outpace productivity gains

Companies that spent the past year pushing employees to use AI tools as aggressively as possible are now struggling to manage the costs.   CFOs are now demanding to see measurable returns on the ever-increasing API bills, threatening growth projections at OpenAI, Anthropic, and other large language model providers.   Why are companies suddenly cutting back on...
Fri, Jun 26

JPMorgan opposes the CLARITY Act over crypto interest payments and regulatory differences

The CLARITY Act has become the center of a debate in Washington, with banks, crypto companies, lawmakers, and industry leaders offering different views on the future of U.S. digital asset regulation. The debate continued after JPMorgan CEO Jamie Dimon said banks would oppose the current version of the CLARITY Act because it allows crypto companies...
Fri, Jun 26

SecondFi completes final balance snapshot for 374 wallets hit by Cardano key exploit

Following the automated attacks that saw funds leave wallets in SecondFi, Cardano’s wallet provider formerly known as Yoroi Wallet, between June 21 and 23, affected users now have something to cheer about.  SecondFi announced that it has taken a final balance snapshot on June 26 to begin processing refunds for affected users. According to the...
Fri, Jun 26

Polymarket says its annualized revenue has climbed above $1 billion

Polymarket says its yearly revenue pace has climbed past $1 billion, a figure revealed as trading activity accelerates across prediction markets. The update arrived just over a month after the company opened access to its regulated U.S. marketplace by removing a waiting list that had been in place since launch. Recently, the FIFA World Cup...
Fri, Jun 26

TikTok and YouTube remove 4.7 million accounts amid expanding global enforcement efforts

Indonesia has shut down about 4.7 million social media accounts held by children under 16, the country’s communications minister said, as the government’s new rules on young users start to take hold. Officials called the figure an early sign that platforms are beginning to meet their duty to keep children safe online. The deactivations are...
Fri, Jun 26

Michael Saylor doubles down on Bitcoin as Strategy sits on $14 billion in unrealized losses

Critics warn that Strategy’s financial structure is collapsing under the weight of rising dividend costs and shrinking cash reserves, yet Michael Saylor has reiterated that he will not abandon his Bitcoin strategy. Unrealized losses on Strategy’s Bitcoin reserve have climbed up around $14 billion following Bitcoin’s decline to below $60,000. Does Strategy’s financial strategy still...
Fri, Jun 26

AscendEX users report frozen withdrawals as on-chain investigator flags empty hot wallets

Cryptocurrency exchange AscendEX is currently under pressure after multiple users reported stuck withdrawals. Blockchain investigator ZachXBT has also stated that the platform’s known hot wallets hold few liquid assets, raising questions about the Singapore-headquartered exchange capability to meet redemption demands. I recommend your team answers the following questions for the community: 1) Why are AscendEX...
Fri, Jun 26

SpaceX plans to sell a Starlink-branded mobile service directly to US consumers

SpaceX is weighing a plan to sell its own Starlink-branded mobile phone service to people across the United States, a step that would pit Elon Musk’s company against the country’s biggest phone carriers. The Financial Times reported on Friday that the company is also thinking about building its own ground-based wireless network down the line....
Fri, Jun 26

Hyperliquid’s HYPE gets $319 price target from Multicoin

On June 25, Multicoin Capital (Multicoin) published a full valuation for HYPE, the native token of Hyperliquid, indicating annual revenues for the protocol will reach approximately $8 billion by 2028, resulting in a price target of $319 — over five times its current trading value of around $63. The firm disclosed that they have been...
Fri, Jun 26

AI agent funding topped $2.9B as deal count reached 50

The analysis of equity rounds done by New Market Pitch shows that there was a notable growth in the investments made in the area of the AI agent enterprise business segment. It jumped from about $1.5B through 31 transactions in 2024 to about $2.9B through 50 transactions in 2025. There is enough evidence to show...
Fri, Jun 26

Tokenized equity volume on spot DEXs hits new daily record of over $565 million

Tokenized stocks just had their biggest volume day onchain this week. This record is dropping right after the weekly transfer volume milestone that was hit last week. The latest data from Blockworks shows that spot decentralized exchanges recorded more than $565 million in tokenized equity volume on June 24. This is a daily record for...
Fri, Jun 26

Trump Jr. could cash in big as Kalshi targets $40B amid ethics scrutiny

Donald Trump Jr. stands to make a large profit from his share in the prediction market company Kalshi, but the deal is already drawing heavy criticism over possible conflicts of interest. Trump Jr. received roughly $300,000 in Kalshi equity after he signed on as a strategic adviser on January 13, 2025. Just two months after...
Fri, Jun 26

Silicon photonics selloff splits AI sector as Serenity backs SIVE, AAOI

The optics industry has seen heavy selling, resulting in a massive decline in the stock prices of Applied Optoelectronics (NASDAQ: AAOI). The same trend was seen in the shares of Coherent (XNYS: COHR), Lumentum (NASDAQ: LITE), and Sivers Semiconductors (STO: SIVE). This proves a marked distinction within the AI industry between stocks that are being...
Fri, Jun 26

ON semiconductor to buy Synaptics in $7 billion deal, joins "Edge AI" market

Semiconductor technology firm, Onsemi, will acquire chipmaker Synaptics in an all-stock transaction valued at about $7 billion, both companies announced on Wednesday. This combination of power semiconductors with edge computing will position the merger at the center of what both companies have referred to as “Physical AI.” Under the agreement, Synaptics shareholders will receive 1.350...
Fri, Jun 26

Aave founder Stani Kulechov rejects reported Payward bid, says protocol won’t sell tokens at 70% discount

On Friday (June 26), Stani Kulechov, the founder of the decentralized lending protocol Aave, expressed disbelief at a report suggesting Aave may be sold at a fraction of its current market valuation. His response suggests that larger DeFi protocols are rebuffing acquisition interest at discounted terms, despite traditional finance companies seeking ways into the onchain...
Fri, Jun 26

OpenAI tilts toward 2027 IPO as Anthropic prepares to list first

OpenAI is leaning toward postponing its initial public offering until 2027, per a New York Times report on June 25 citing people involved in the company’s internal deliberations. The shift represents a reversal from the late-2026 timeline OpenAI has signaled since January, with CEO Sam Altman rejecting any valuation below $1 trillion and CFO Sarah...
Fri, Jun 26

Circle and Nomura unveil plan for instant global USDC settlements

Circle and Nomura have disclosed plans to set up a corporate digital asset payment settlement service in Japan by 2027. The joint venture will allow Japanese companies to convert their yen into USDC for cross-border transactions, foreign exchange settlements, and transfers between overseas affiliates. The move follows Japan’s approval of USDC for corporate use and...
Fri, Jun 26

Microsoft raises Xbox console prices by up to $150, blaming soaring memory costs tied to AI demand

Microsoft announced on June 25 that Xbox console prices will rise worldwide on August 1, with 512GB Xbox Series S models going up $100 to $500 and 1TB models rising $150. The Xbox Series X Digital will reach $750 and the standard Series X $800. The 2TB Series X is being discontinued. Updated XBOX Console...
Fri, Jun 26

Coinbase's Base probes suspected invalid block behind two-hour outage

Coinbase’s layer-2 network Base experienced an outage lasting approximately two hours on Thursday after an invalid block caused a consensus failure that stopped all transactions on the chain in what seems to be its biggest outage in 90 days. The network was affected starting at 16:03 UTC when Base’s status page indicated the mainnet’s block...
Thu, Jun 25
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