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  • FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon
    by Oluwapelumi Adejumo on June 8, 2026 at 7:10 pm

    Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal prison for orchestrating one of the largest financial frauds in US history. Yet, crypto speculators are wagering that a newly filed presidential pardon application could somehow reverse his fortunes. This week, the disgraced FTX founder officially requested executive The post FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks […]

  • World Cup prediction markets hit $2B before kickoff as Spain and France go head to head
    by Oluwapelumi Adejumo on June 8, 2026 at 6:35 pm

    The FIFA World Cup has become a multibillion-dollar trading event before its June 11 kickoff, with prediction-market traders nearly split on whether Spain or France should be treated as the team to beat in the tournament. Polymarket data show Spain and France each trading near a 16% implied chance of winning the tournament, ahead of The post World Cup prediction markets hit $2B before kickoff as Spain and France go head to head appeared first […]

  • A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves
    by Liam ‘Akiba’ Wright on June 8, 2026 at 4:20 pm

    A June 5 court stay and a June 2 spend turned the Noah Doe case into a test of legal title versus private-key control. The post A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves appeared first on CryptoSlate.

  • Congress is weighing whether crypto tax relief should stop at stablecoins
    by Liam ‘Akiba’ Wright on June 8, 2026 at 2:10 pm

    A June 9 Ways and Means hearing pushes crypto policy into the tax code, where small payments, stablecoin use, network fees, mining, staking, and donations all face the same usability test. The post Congress is weighing whether crypto tax relief should stop at stablecoins appeared first on CryptoSlate.

  • Big banks may have found their answer to the CLARITY Act’s stablecoin challenge
    by Liam ‘Akiba’ Wright on June 8, 2026 at 12:05 pm

    The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts. The post Big banks may have found their answer to the CLARITY Act’s stablecoin challenge appeared first on CryptoSlate.

  • Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100
    by Oluwapelumi Adejumo on June 8, 2026 at 10:40 am

    Bitcoin’s brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data The post Bitcoin price rebound wobbles as Israel defies […]

  • Trump’s family crypto feud spills into customer accounts after wallet freeze
    by Oluwapelumi Adejumo on June 8, 2026 at 8:58 am

    Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD1 stablecoin from its trading platform. Beginning June 7, the digital asset exchange said it will systematically convert all eligible retail customer balances of the USD1 token into Tether (USDT) at a strict one-to-one valuation. This intervention arrives as direct retaliation after The post Trump’s family crypto feud spills […]

  • Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral
    by Gino Matos on June 8, 2026 at 7:04 am

    Morgan Stanley announced on June 5 that eligible wealth management clients can now lend Bitcoin, Ethereum, or Solana to Galaxy Digital and receive shares of spot crypto exchange-traded products in return. Galaxy will coordinate an in-kind creation with an authorized participant, then deliver ETP shares directly into the client’s chosen account. Onboarding timelines that previously The post Morgan Stanley’s Galaxy deal points to Bitcoin’s […]

  • Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned
    by Oluwapelumi Adejumo on June 7, 2026 at 7:20 pm

    Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token deeper into institutional portfolios. Data from CryptoSlate shows that the second-largest cryptocurrency fell to as low as $1,506 during the last 24 hours, its weakest level since April 2025, extending a broad crypto selloff The post Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned appeared first […]

  • DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
    by Andjela Radmilac on June 7, 2026 at 5:10 pm

    Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once produced billion-dollar The post DeFi’s old hack vectors are fading – But the new risk can hit six chains at once appeared first on […]

  • 529-To-Roth IRA Rollover Rules In 2026: Five Questions That Help Determine Whether You Qualify
    by Tyler Durden on June 9, 2026 at 12:05 am

    529-To-Roth IRA Rollover Rules In 2026: Five Questions That Help Determine Whether You Qualify Authored by Adam H. Douglas via The Epoch Times, After funding a 529 college savings account for years, you realize there is money left over. Maybe your grandchild graduated early, earned a scholarship that covered more than expected, or decided college was not for them [ZH: or maybe your grandkid is an ungrateful little shit] . A federal […]

  • “Replacing Lower Value Human Capital”: Banks Cut Staff As Recent Grads Face Off Against AI For Jobs
    by Tyler Durden on June 8, 2026 at 11:40 pm

    “Replacing Lower Value Human Capital”: Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg. Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening […]

  • Eyewitness Testimony Undercuts Self-Defense Claim In Austin Metcalf Killing
    by Tyler Durden on June 8, 2026 at 11:15 pm

    Eyewitness Testimony Undercuts Self-Defense Claim In Austin Metcalf Killing Via American Greatness, Testimony from multiple eyewitnesses cast doubt on Karmelo Anthony’s claim that he acted in self-defense when he fatally stabbed 17-year-old Austin Metcalf at a track meet. Several student witnesses described a confrontation in which Anthony, 19, allegedly refused repeated requests to leave a tent occupied by students from […]

  • Xi Jinping Applauds Kim’s ‘Socialist Cause’ In Warm North Korea State Visit
    by Tyler Durden on June 8, 2026 at 10:50 pm

    Xi Jinping Applauds Kim’s ‘Socialist Cause’ In Warm North Korea State Visit North Korean leader Kim Jong Un warmly greeted Chinese President Xi Jinping in Pyongyang Monday, kicking off Xi’s two-day state visit to the internationally isolated country – which is his first trip there in seven years. Xi has called for deepening “strategic coordination and cooperation” with North Korea shortly after receiving a lavish, red carpet […]

  • Researchers Identify World’s Largest Scorpion That Roamed Earth 415 Million Years Ago
    by Tyler Durden on June 8, 2026 at 10:25 pm

    Researchers Identify World’s Largest Scorpion That Roamed Earth 415 Million Years Ago Authored by Maria Mocerino via Interesting Engineering, The University of Manchester has discovered that the world’s largest scorpion, which lived 415 million years ago, was hiding in the museum’s collection for 150 years. Since the 1870s, researchers have debated the identity of the strange fossil remains lurking in the Manchester archives. They […]

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  • House Report Finds Minnesota Officials Ignored Fraud To Avoid Racism Accusations
    by Tyler Durden on June 8, 2026 at 10:00 pm

    House Report Finds Minnesota Officials Ignored Fraud To Avoid Racism Accusations A House Committee on Oversight and Government Reform report released Monday paints a devastating picture of both Minnesota Gov. Tim Walz and state Attorney General Keith Ellison, finding that they both knew about widespread fraud in state social services programs and failed to act. The report centers on the Feeding Our Future scandal, in which a […]

  • On The Kavanaugh Anniversary, Democratic Leaders Swap Me Too For Maine
    by Tyler Durden on June 8, 2026 at 9:40 pm

    On The Kavanaugh Anniversary, Democratic Leaders Swap Me Too For Maine Authored by Jonathan Turley, …on the eighth anniversary of the Kavanaugh nomination. It now appears that there are some women who are not to be believed… when the Senate may be in the balance.. “It’s clear the fix is in.” Those words from Sen. Elizabeth Warren (D-Mass.). came with her vote against confirming Brett Kavanaugh to the Supreme […]

  • Campbell’s CEO Serves Up Warning For Restaurants As “Resilient” At-Home Cooking Trend Gains Steam
    by Tyler Durden on June 8, 2026 at 9:20 pm

    Campbell’s CEO Serves Up Warning For Restaurants As “Resilient” At-Home Cooking Trend Gains Steam There is not much to get excited about in canned-soup maker Campbell’s third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management’s earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time […]

  • US Army Develops ‘Breakthrough’ Quantum Sensor to Pinpoint Radio Signals on Battlefields
    by Tyler Durden on June 8, 2026 at 9:00 pm

    US Army Develops ‘Breakthrough’ Quantum Sensor to Pinpoint Radio Signals on Battlefields Authored by Atharva Gosavi via Interesting Engineering, US Army scientists have demonstrated a new quantum sensor that can measure the full 3D direction of radio-frequency electromagnetic fields, a milestone that could reshape how signals are detected on the battlefield. The rubidium vapor cell.US Army The breakthrough was achieved by […]

  • Sam Bankman-Fried ‘Absolutely’ Wants A Presidential Pardon
    by Tyler Durden on June 8, 2026 at 8:40 pm

    Sam Bankman-Fried ‘Absolutely’ Wants A Presidential Pardon From inside a federal prison cell, disgraced crypto mogul Sam Bankman-Fried is making a direct bid for a White House lifeline. In a phone interview with FOX Business, the former FTX founder said he “absolutely” wants a presidential pardon from President Donald Trump. “Absolutely. It would be obviously, you know, ultimately up to the president, not up to me,” he said. […]

  • From The City Of Angels To The City Of Zombies…
    by Tyler Durden on June 8, 2026 at 8:20 pm

    From The City Of Angels To The City Of Zombies… Authored by James Howard Kunstler, The Jungle Drums Speak! “Love that the crack heads on Skid Row are up on the issues, know the candidates, and are able to Make Their Voices Heard in between hits of meth.” – Peachy Keenan on X Whaddaya know? Looks like the charismatic Nithya Raman has overtaken maverick candidate Spencer Pratt in the Los Angeles mayoral “jungle” primary […]

  • ‘Chat Is Dead’: OpenAI’s Pre-IPO Makeover Into A “Superapp”
    by Tyler Durden on June 8, 2026 at 7:40 pm

    ‘Chat Is Dead’: OpenAI’s Pre-IPO Makeover Into A “Superapp” The year the private-AI complex finally has to show its work has arrived, and ChatGPT maker OpenAI is about to add some major garnishing to the prospectus before their upcoming IPO – in what FT is calling the “biggest overhaul of ChatGPT since launch.” “It will transcend the actual surface . . . what we’re building towards is where you have your own personal agent […]

  • Judge Blocks Trump’s $100,000 Fee For H-1B Visas
    by Tyler Durden on June 8, 2026 at 7:20 pm

    Judge Blocks Trump’s $100,000 Fee For H-1B Visas Authored by Zachary Stieber via The Epoch Times, President Donald Trump’s $100,000 fee for H-1B visas is not legal, a federal judge said on June 8. President Donald Trump speaks before signing an executive order in the South Court Auditorium in the Eisenhower Executive Office Building in Washington on Aug. 5, 2025. Win McNamee/Getty Images The fee for visas for specialty foreign […]

  • UBS Warns America’s Restaurants Locked In “Difficult Cycle” As Tax-Refund Sugar-High Fades
    by Tyler Durden on June 8, 2026 at 7:00 pm

    UBS Warns America’s Restaurants Locked In “Difficult Cycle” As Tax-Refund Sugar-High Fades There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers’ financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank’s U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant […]

  • 6.4 Magnitude Quake Rocks Western Cuba, Sends Tremors Into South Florida
    by Tyler Durden on June 8, 2026 at 6:46 pm

    6.4 Magnitude Quake Rocks Western Cuba, Sends Tremors Into South Florida The USGS reported that a magnitude 6.4 earthquake struck just off the coast of Cuba around 2 p.m. ET, with residents across parts of Florida reporting feeling the shaking. Notable quake, preliminary info: M 6.4 – 118 km WNW of Mantua, Cuba https://t.co/EUaVqZo8M1 — USGS Earthquakes (@USGS_Quakes) June 8, 2026 The offshore quake was detected near Pinar del […]

  • DOJ Asks Courts To Strip 17 Criminals Of US Citizenship
    by Tyler Durden on June 8, 2026 at 6:40 pm

    DOJ Asks Courts To Strip 17 Criminals Of US Citizenship Authored by Zachary Stieber via The Epoch Times, The Department of Justice (DOJ) on Monday announced it has asked courts across the country to strip more than a dozen people who have pleaded guilty or been convicted of crimes of their U.S. citizenship. Acting Attorney General Todd Blanche speaks during a press conference in Washington on April 27, 2026. Madalina Kilroy/The […]

  • Apple’s Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
    by Tyler Durden on June 8, 2026 at 6:19 pm

    Apple’s Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC Summary:  Market Reaction: Buy the rumor, Sell the news   Apple Reveals Long-Awaited AI Siri  CEO Tim Cook gives his final WWDC keynote speech Goldman And UBS Preview Apple’s WWDC: AI Siri Takes Center Stage Apple CEO Tim Cook opened WWDC26 with a keynote on artificial intelligence, software updates, and developer tools across the company’s […]

  • Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom
    by Tyler Durden on June 8, 2026 at 6:00 pm

    Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom The Department of Defense has filed a major update to its official list of “Chinese military companies” operating in the United States, formally naming or reaffirming high-profile firms including Alibaba, Baidu, BYD, BGI Group, and Autel as companies linked to Beijing’s military-civil fusion strategy. The notice, filed […]

  • Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo
    by Tyler Durden on June 8, 2026 at 5:40 pm

    Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo We’ve been documenting the apparent immense strain in the US-Israel relationship related to Iran policy and strategy. In this latest round of trading major blows, President Trump reportedly not only told Israel to immediately halt its response and to not retaliate, but gave no order for US forces to protect Israel, for example by manning and operating […]

  • Netanyahu Confirms Israel ‘Holding Fire, For Now’ – Rejects Iran Red Line To Not Attack Lebanon
    by Tyler Durden on June 8, 2026 at 5:25 pm

    Netanyahu Confirms Israel ‘Holding Fire, For Now’ – Rejects Iran Red Line To Not Attack Lebanon Summary Israel has rejected Iran’s warning not to attack Lebanon, though aerial operations appear paused. Israeli officials say strikes on Iran being halted at President Trump’s request to ‘stop shooting’. Netanyahu confirms attacks halted ‘for now’. Iran FM accuses US of cooperating with Washington: “No one believes that the Zionist […]

  • India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike
    by Tyler Durden on June 8, 2026 at 5:15 pm

    India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike Update(1315ET): US Navy forces have announced a new Monday direction action operation in the Gulf of Oman. The US has cited that the vessel refused to respond to orders related to the blockade of Iranian naval ports. The ship attempted to sail to an Iranian port, in violation of the ongoing blockade. A CENTCOM statement indicated that the military […]

  • Trump Weighs Plan To Buy Chagos Islands, Home To Diego Garcia Military Base
    by Tyler Durden on June 8, 2026 at 5:00 pm

    Trump Weighs Plan To Buy Chagos Islands, Home To Diego Garcia Military Base The White House is actively considering a plan to purchase the Chagos Islands, potentially undermining the UK’s agreement to transfer sovereignty of the strategically vital territory to Mauritius, according to reports. An undated photograph shows an aerial view of Diego Garcia. U.S. Navy via AP US officials have prepared proposals to bypass Britain and […]

  • Flying Car Industry Turns To Solid-State Batteries For Commercial Takeoff
    by Tyler Durden on June 8, 2026 at 4:40 pm

    Flying Car Industry Turns To Solid-State Batteries For Commercial Takeoff Authored by Bojan Stojkovski via Interesting Engineering, Solid-state battery advances could accelerate flying car adoption. GACAs the flying car industry moves from prototype development toward commercial deployment, attention is increasingly shifting to the technologies needed to support safe and scalable operations. Su Qingpeng, founder and CEO of GAC […]

  • US Bankruptcy Filings Surge 7% YoY In May
    by Tyler Durden on June 8, 2026 at 4:00 pm

    US Bankruptcy Filings Surge 7% YoY In May Authored by Naveen Athrappully via The Epoch Times, Total U.S. bankruptcy filings, which include filings made by both businesses and individuals, rose by 7 percent in May on a year-to-year basis. A hiring sign at the Fashion Centre at Pentagon City shopping mall in Arlington, Va., on Jan 3, 2024. Madalina Vasiliu/The Epoch Times Individual bankruptcy filings rose by 8 percent during the […]

  • Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
    by Tyler Durden on June 8, 2026 at 3:45 pm

    Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an “organizational realignment” on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix’s core growth areas. “The […]

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