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Brazil's lower house committee approves crypto asset freezes and harsher sentences for digital fraud
Brazil’s Chamber of Deputies is attempting to include cryptocurrency in the country’s anti-fraud enforcement toolkit. A key committee in the Chamber of Deputies has voted to let judges freeze suspects’ crypto holdings and impose prison terms of up to 10 years for electronic fraud. The bill still needs to pass through several approval stages before...Cryptopolitan
Sat, Jun 13
Pudgy Penguins halts Pudgy Party development, redirects resources to Pudgy World
Pudgy Penguins officially announced that it has closed shop on its Pudgy Party mobile game, developed with Mythical Games, so that the project could focus only on their web-based game: Pudgy World. The decision has generated serious resistance from Pudgy Penguin fans who feel that all the time and money they invested in the mobile...Cryptopolitan
Sat, Jun 13
China vows retaliation after Pentagon blacklists Alibaba, Baidu, and BYD
China has warned the United States that it may hit back after the Pentagon added major Chinese companies to a list tied to Beijing’s military. The names include Alibaba (NYSE: BABA; HKEX: 9988), Baidu (NASDAQ: BIDU; HKEX: 9888), BYD (HKEX: 1211; SZSE: 002594), and NIO (NYSE: NIO; HKEX: 9866). Beijing said it was deeply unhappy...Cryptopolitan
Sat, Jun 13
Michael Saylor wants SpaceX in the 'Mag 8' and says its Bitcoin holdings are why
Michael Saylor has put SpaceX inside Wall Street’s top technology group after the rocket company joined public markets at a value above $2 trillion. The Strategy (NASDAQ: MSTR) executive chairman posted on X after the June 12, 2026 listing and used the name “Mag8.” Saylor wrote, “Congratulations @ElonMusk and $SPCX on a historic IPO. Thanks...Cryptopolitan
Sat, Jun 13
U.S. Iran deal set to reopen Strait of Hormuz could be signed in 24 hours, Pakistan mediator claims
Pakistani Prime Minister Shehbaz Sharif said Saturday that Washington and Iran have reached an agreement on the framework of a peace deal and that his country expects an electronic signing within 24 hours, although Iranian officials have quickly poured cold water on that timeline. The proposed deal would reopen the Strait of Hormuz, the waterway...Cryptopolitan
Sat, Jun 13
Taiwan to improve relations with lone South American ally Paraguay via $200 million data center project
Taiwan has made plans to further improve its lone South American alliance with a $200 million data center in Paraguay, which aims to bring together Taipei’s semiconductor access with Paraguay’s cheap hydroelectric power. This investment is designed to preserve the diplomatic relationship between the two countries, and the facility is targeted to deliver 10 megawatts...Cryptopolitan
Sat, Jun 13
Trump administration draws global backlash over Anthropic model order
The Trump admin went back to telling Anthropic about how its products can be used after the US government, on Friday, directed the AI firm to cut off foreign nationals from its newest Claude Fable 5 and Mythos 5 models. However, the “national security concerns” rationale did not go down well in many quarters, triggering...Cryptopolitan
Sat, Jun 13
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
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