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FBI alerts FIFA World Cup fans amid Crypto scams surge
US law enforcement authorities have heightened their awareness campaigns regarding potential cryptocurrency fraud schemes for 2026 FIFA World Cup fans. This is on top of warnings from blockchain investigators about possible evidence of front-running in token offerings associated with the event. Specifically, the FBI released a public service announcement on May 27 highlighting more than...Cryptopolitan
Sat, Jun 13
SIREN bleeds as whale with 94% of supply keeps dumping
A whale controlling the vast majority of SIREN’s token supply sold roughly 17 million tokens through multiple wallets over two hours on Friday, crashing the price from $0.47 to $0.23. The sell-off follows a months-long pattern of manipulation by a single entity that on-chain analysts say controls at least 94% of all SIREN in circulation....Cryptopolitan
Sat, Jun 13
Meta builds AI spending controls after usage spike
A centralized AI monitoring and spending control system is under development at Meta after the company realized it was spending more internally on AI than anticipated. The decision shows that companies are thinking about whether the returns from AI justify the cost involved. The company has sent out a memo to some 6,000 employees detailing...Cryptopolitan
Sat, Jun 13
CFTC and states clash again over Kalshi’s sports markets
New Mexico is facing a lawsuit from the Commodity and Futures Trading Commission (CFTC) for attempting to enforce state gaming rules on federally regulated contract markets. The agency is intensifying a growing legal battle over whether federally regulated prediction markets can offer sports-related event contracts without complying with state gambling laws. The case is the...Cryptopolitan
Sat, Jun 13
US government forces Anthropic to shut down its most powerful AI models over security fears
Anthropic disabled its two top-performing AI models on Friday, June 12 following an export control order from the U.S. Department of Commerce. It was an unusual instance of a government interfering with commercialization of frontier AI technology. U.S. Commerce Secretary Howard Lutnick ordered Anthropic CEO Dario Amodei at 5:21 p.m. ET on Friday to restrict...Cryptopolitan
Sat, Jun 13
Anthropic’s vertical software push rattles enterprise AI partners and sinks design stocks
Since February 2025, Anthropic has launched 13 vertical AI products and has stopped consistently warning business partners before releasing tools that compete with them. The shift has hit design and enterprise software companies hard. Figma is down about 50% year to date, raising fresh questions about how AI model providers will coexist with the companies...Cryptopolitan
Sat, Jun 13
State attorneys general open sweeping investigation into OpenAI, threatening product roadmap ahead of IPO
An alliance of U.S. state attorneys general is investigating OpenAI, issuing the company an expansive subpoena on Friday, June 12. The states are seeking documents on OpenAI’s advertising policies, user interactions, data management, and product use by children and older users. The investigation, led by New York’s attorney general, could force new scrutiny on how...Cryptopolitan
Sat, Jun 13
CZ calms users as Binance scraps $557M SpaceX token offering and begins refunds
Binance CEO Changpeng “CZ” Zhao has commented on the abrupt halt of the exchange’s long-awaited space-themed listing. He assured customers’ security is at the top of their list. The decision comes after Binance and other crypto exchanges, including Bybit and Bitget, failed to secure enough SpaceX-related shares to back tokenized exposure products tied to the...Cryptopolitan
Sat, Jun 13
Google sues Chinese AI phishing ring as FBI seizes domains and $100,000 in Operation Ghost Hook
A federal lawsuit was filed by Google on Friday against a China-based cybercrime network which, officials claim, used Google’s Gemini AI to conduct a phishing campaign that is now linked by the FBI to 3.87 million stolen credit cards and a total $1.9 billion in losses since July 2023. The network, which Google calls “Outsider...Cryptopolitan
Sat, Jun 13
Zuckerberg admits Meta made 'mistakes' on its AI transformation, promises stability after layoffs
Mark Zuckerberg confirmed in an internal memo that Meta’s broad AI reorganization was “disruptive” for many employees and said that further layoffs are not expected company-wide in 2026. He promised an increased sense of stability following a year of the company’s 10% reduction of its workforce and tens of thousands of employees shifting into new...Cryptopolitan
Fri, Jun 12
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Today’s Market Recap: U.S. Stocks Rebound as Nasdaq Gains 1.11%, Memory Chip Stocks Rally, SanDisk Jumps 5.5%
US Stocks Close: Nasdaq Rises 1.1% as Tech Stocks Rebound, Memory Stocks Lead Gains With Micron Up Nearly 3%
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US Memory Sector Slides Again Pre-Market as Micron, SanDisk, Western Digital Erase Monday Gains
Apple Retreats Below $340 After Surge: Can First Touchscreen MacBook Pro Help Stock Reach New Highs?
