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Cryptopolitan

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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.  

Micron has signed a memory supply deal with Anthropic

Micron Technology (MU.O) has struck a major deal with Anthropic, which is gearing up for an IPO.  The memory chipmaker announced it entered a strategic agreement with Anthropic covering memory and storage supply. The financial terms of the agreement were not disclosed.  Both companies will work together to analyze how memory and storage subsystems perform...
Tue, Jun 23

Chainlink adds Project Pangea to growing TradFi roster as LINK price stays flat

Chainlink has announced the launch of Project Pangea, a cross-border foreign exchange settlement initiative backed by 47 South Korean and European banks representing over $10 trillion in combined assets.  Project Pangea pairs Chainlink with Qivalis and UniKA, two banking groups made up of 37 European banks and more than 10 South Korean banks, respectively.  What...
Tue, Jun 23

BlackRock recommends 1% to 2% Bitcoin allocation as AI trade diverts capital from crypto

BlackRock told financial advisors on Tuesday, June 23, that a small Bitcoin position, around 1% to 2% of a portfolio, could improve returns without blowing up risk budgets. The recommendation came in a social media post from BlackRock’s official account, pointing investors to comments from Michael Gates and linking to the firm’s iShares Bitcoin Trust...
Tue, Jun 23

Oracle cuts 21,000 jobs as focus shifts to AI

Tech giant Oracle has relieved almost 21,000 people of their positions over the past fiscal year, amounting to a 13% reduction in its global workforce, as the company funneled tens of billions of dollars into artificial intelligence infrastructure, according to its annual 10-K filing with the Securities and Exchange Commission. The filing, published on June...
Tue, Jun 23

Tesla tops the American-made list, but at home the market is shrinking

Tesla once again sits at the top of Cars.com’s ranking of the most American-made vehicles, an odd result given that the U.S. electric vehicle market it helped start is now shrinking after federal tax credits went away. Cars.com said on Tuesday that the Tesla Model 3 took the No. 1 spot on its American-Made Index...
Tue, Jun 23

South Korea's LG Chem bets $9.7 billion as it pivots to AI, robotics, others

South Korea’s largest chemical company LG Chem is looking to pivot from its petrochemical business toward AI-driven growth areas, citing slow profitability. In a town hall meeting Monday, LG Chem disclosed it’s allocating 15 trillion won ($9.74 billion) in research and development to expand its business portfolio. About 70% of the fund will target semiconductor,...
Tue, Jun 23

Alphabet fell 5%, its worst day in a year, after two top researchers quit for OpenAI and Anthropic

Alphabet’s stock closed down almost 5% on Monday, making it Google’s worst trading day in over a year. The decline coincided with two prominent researchers leaving to join competitors and growing concerns about artificial intelligence. It was the company’s biggest decline since a roughly 7% decline in May 2025, and it was larger than the...
Tue, Jun 23

Allfunds expands tokenized funds access to Solana, eyes $1.8 trillion network

Top European asset manager, Allfunds, has announced a collaboration between the Solana network and its digital assets and cryptocurrency arm, Allfunds Blockchain. This partnership will integrate Solana into its platform for tokenized fund offerings and give institutional asset managers easy access to on-chain channels. The partnership will put Solana’s blockchain infrastructure within the reach of...
Tue, Jun 23

Wall Street’s massive bet on Intel is now at the mercy of its engineers

Before the market started on Tuesday, Intel shares fell 6.6% in trade, retreating from the previous session’s record high of $141.45. Technology equities were hammered by a broader sell-off as speculators cashed in their gains. Despite the decline, Intel has increased by almost 500% in the last 12 months. As investors withdrew from high-risk tech...
Tue, Jun 23

Fake GTA 6 early access websites are draining crypto wallets of eager players

Fraudulent websites that claim to offer early access to GTA 6 are taking hundreds of dollars in cryptocurrency from victims and giving them nothing in return.
Tue, Jun 23

Ethereum Foundation cuts 20% of staff in big reorganization move

The Ethereum Foundation officially reduced its staff by 54 employees (roughly 20% of its workforce) yesterday, June 22, 2026. The Foundation described the recent staff cuts as the final step in a restructuring process that began in June 2025 when the Foundation adopted a new set of objectives and a stricter treasury policy.  This was...
Tue, Jun 23

MoonPay acquires AI accounting startup Entendre to automate stablecoin finance operations

MoonPay has acquired Entendre, an AI accounting and finance platform created for companies that administer and transfer money on-chain.
Tue, Jun 23

Thailand seizes 6,390 crypto mining rigs, issues arrest warrants in $300M laundering probe

Arrest warrants have been issued for eight suspects tied to a money laundering operation responsible for the laundering of over 10 billion baht ($300 million) per year in Thailand. The eight individuals were involved in three, now dismantled, illegal cryptocurrency mining networks. This investigation is one of the largest crackdowns on illicit crypto infrastructure in...
Tue, Jun 23

Hut 8 agrees to $2.35 million settlement in USBTC investor suit

AI Miner, Hut 8 (NASDAQ: HUT), has agreed to a $2.35 million settlement to resolve a securities class action suit filed by investors claiming that the Bitcoin miner concealed operational problems at a Texas mining site acquired during its 2023 merger with U.S. Bitcoin Corp. The proposed settlement deal was filed in the U.S. District...
Tue, Jun 23

H100 Group shareholders approve proposal to triple BTC reserve in all-stock deal

Shareholders of Sweden’s H100 Group voted on Monday for the board to issue the new shares it needs to complete the acquisition of the Norwegian Bitcoin-holding duo of Moonshot AS and Never Say Die AS. The deal will lift H100’s Bitcoin reserve from 1,051 BTC to roughly 3,500 BTC. The critical item at this year’s...
Tue, Jun 23

Bitcoin falls from $65,000 to $62,000 amid South Korean market disruption

Bitcoin dropped back near $62,000 after the bounce toward $65,000 ran straight into a wall of selling across crypto, chips, and Asian stocks. Bitcoin (BTC) was last near $62,500 after pulling a little above its worst point of the day, but it was still down 4% in 24 hours. Crypto stocks were lower too, although...
Tue, Jun 23

Samsung unveils UFS 5.0 amid sharp selloff in Korean AI stocks

Samsung Electronics unveiled the successful development of its Universal Flash Storage 5.0 (UFS 5.0), offering sequential read speeds up to 10.8 GB/s, the fastest recorded in this standard. The product is being released amid increased AI workload migration from cloud data centers to edge devices, making it increasingly necessary for the storage systems to become...
Tue, Jun 23

Solmate Infrastructure's largest outside shareholder sues board over alleged self dealing

RBCH has filed a lawsuit accusing the Solmate board and officers of fiduciary breaches, self dealing, and making misleading statements to shareholders.
Tue, Jun 23

THORChain returns 'stronger than before' one month after $11M hack

THORChain announced that it has resumed full operations as of today, June 23. The restart came after an 11-stage, 39-day security overhaul project that started after $10.7 million was stolen from the protocol in a May 1 hack.   As of this report, THORChain swaps, liquidity provider actions, and cross-chain signing infrastructure have formally reopened.  THORChain...
Tue, Jun 23

Dollar Hits One-Year High as Bitcoin Slides Below $63K on Fed Hike Bets

The dollar index (DXY) hit 101 on June 23, marking the highest level seen since May last year. The reason for why it’s climbing matters a lot for crypto. Rather than a pure safe-haven bid due to the situation in the Middle East, this rise could be the indication that the Federal Reserve is finished...
Tue, Jun 23
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