Digital Asset Secures $355 Million to Scale Canton Network as Institutional Onchain Infrastructure
Digital Asset raises $355 million in an oversubscribed round at approximately $2 billion valuation.
Funding led by a16z crypto with broad participation from traditional finance and crypto institutions.
Canton Network positioned as privacy-preserving Layer-1 for tokenization, settlement, and other regulated workflows.
Digital Asset, the company behind the Canton Network, has closed a $355 million funding round to expand its ro…
Second Circuit Upholds Sam Bankman-Fried’s FTX Fraud Conviction
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.
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Anthropic’s Claude Fable 5 Launch Ignites Backlash Over Data Retention and ‘Silent Nerfing’
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 re…
US Wholesale Inflation Surges to 6.5% in May
PPI advanced 6.5% over the 12 months ended in May, climbing from 5.7% in April to reach its highest level since November 2022.
Energy prices served as the primary catalyst behind the surge, jumping 10.7% on a monthly basis, with gasoline prices alone spiking 23.4%.
Core PPI, which excludes food and energy, increased 4.9% on an annual basis, coming in below the projected 5.4% but reinforcing a persistent underlying inflation environme…
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