Author: CryptoPress

SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion. Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion. The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...

The Second Circuit Court of Appeals on June 12, 2026, affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy tied to FTX’s collapse. A three-judge panel found no reversible error by trial judge Lewis Kaplan and described the government’s evidence as robust, rejecting claims that the trial was unfair. Arguments that Bankman-Fried intended to repay customers or that misappropriated funds were invested...

Anthropic rolled out Claude Fable 5, the first publicly accessible version of its high-powered Mythos-class technology, sparking intense community friction over its terms of service. A mandatory 30-day data retention policy overrides existing Zero Data Retention (ZDR) enterprise agreements, raising serious compliance issues under European GDPR rules. Developers and researchers accuse Anthropic of implementing a covert...

Raydium, a leading decentralized exchange on the Solana blockchain, has suffered an exploit resulting in the loss of approximately $1.3 million. The security breach specifically targeted legacy architecture, allowing a malicious actor to drain assets without affecting the protocol’s primary active trading venues. Blockchain security firms, including PeckShield and on-chain researcher Specter, first flagged the anomalous transactions as...

Stablecoin issuer Tether has expanded its reach into the physical AI sector by leading a Series C funding round of up to $1.4 billion for German cognitive robotics company Neura Robotics. The landmark investment represents one of the largest private funding rounds in the history of humanoid robotics and physical automation. Alongside Tether, the massive capital injection attracted participation from prominent global technology and industrial...