Author: James Wilson

Zcash has undergone a follow-up security audit using Anthropic’s Mythos system, which, according to founder Zooko Wilcox, found no additional serious vulnerabilities in the protocol after the recent Orchard flaw disclosure. Summary Anthropic’s Mythos audit found no additional serious vulnerabilities in the Zcash protocol following the recent Orchard flaw disclosure. The review followed emergency upgrades that fixed a vulnerability that could theoretically have enabled unlimited counterfeit ZEC creation. ZEC has pulled back to around $417 after a sharp rebound, while technical indicators suggest resistance remains near the $465 level. According to Wilcox, Anthropic carried out the audit at the request…

Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Summary Standard Chartered kept its $100K Bitcoin target after BTC rebounded from the $59K zone. Geoffrey Kendrick linked the selloff to forced selling, weak ETF flows, and liquidity stress. Kendrick kept the $4K Ethereum target and expects ETH to outperform Bitcoin. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding near $63,500, while Ethereum traded near $1,665. Bitcoin’s price target stays at $100,000 Kendrick described the $59,000 Bitcoin move…

Anthropic has suspended access to its newly launched Fable 5 and Mythos 5 artificial intelligence models after receiving a U.S. government export control directive tied to national security concerns. Summary Anthropic suspended Fable 5 and Mythos 5 after receiving a U.S. export control directive. The company said officials cited national security concerns linked to a potential jailbreak method. The move comes days after the launch of the new AI models and amid a major infrastructure expansion push. According to a statement published by Anthropic on Friday, the company received the directive at 5:21 p.m. ET, instructing it to block access…

CoreWeave and Nebius have secured places in the Nasdaq 100 after Nasdaq announced that both companies will be added to the index before trading begins on June 22. Summary CoreWeave and Nebius will join the Nasdaq 100 on June 22 following Nasdaq’s quarterly rebalance. CoreWeave’s inclusion follows its transformation from a crypto miner into a major AI infrastructure provider. While AI firms gain index representation, some crypto miners continue facing financial and listing challenges. According to Nasdaq’s quarterly index rebalance announcement, CoreWeave and Nebius will join the Nasdaq 100 alongside Astera Labs, Rocket Lab, and Teradyne. Investors welcomed the news,…

Humanity Protocol has attributed a roughly $36 million token theft to hackers linked to North Korea after an investigation found that attackers gained access to critical private keys through a compromised developer device. Summary Quantstamp linked Humanity Protocol’s $36 million exploit to tactics associated with North Korea-linked hackers. Attackers gained access to seven private keys stored on a malware-infected developer machine and drained 141 million H tokens. Humanity Protocol said no smart contracts were exploited, with the breach resulting from compromised credentials instead. According to Humanity Protocol’s June 13 disclosure of a security investigation conducted by Quantstamp, attackers obtained control…

Grayscale Investments has filed an amended registration statement for its proposed spot NEAR ETF. Summary Grayscale amended its spot NEAR ETF filing and added SEC Registration No. 333-292834. BitGo replaced Coinbase Custody as primary custodian, while Coinbase remains an additional custodian. The filing updated NEAR data, including 1.3 billion circulating tokens and a $1.5 billion market cap. The update introduces custody changes and revised disclosures tied to the NEAR Protocol ecosystem. The filing arrives as investor interest in artificial intelligence-linked crypto assets increases following SpaceX’s public market debut. Grayscale revises NEAR ETF registration According to the amended S-1 filing submitted…

Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even as roughly 36% of its installed mining capacity remained inactive at the end of May. Summary Canaan’s North American mining fleet reached a record efficiency of 17.9 J/TH in May, improving 11% year-over-year. Despite the efficiency gains, only 6.47 EH/s of its 10.05 EH/s installed capacity was operational at month-end. The update comes after Canaan reported an $88.7 million Q1 net loss and guided for weaker-than-expected Q2 revenue. According to a June operational update from Canaan, the Nasdaq-listed Bitcoin miner and ASIC manufacturer improved the efficiency…

A Seychelles court judgment tied to delisted CHP tokens has placed KuCoin under renewed legal scrutiny. Summary A Seychelles court ordered KuCoin to compensate a Swiss investor over 21 million delisted CHP tokens. The investor claims KuCoin has not paid the judgment or participated in related court proceedings. The ruling rejected KuCoin’s claim that unwithdrawn delisted tokens became abandoned property. A Swiss investor claims the exchange has not paid a court-ordered award exceeding $2 million. The dispute centers on 21 million CHP tokens and a ruling issued by the Seychelles Supreme Court in December 2025. Court ruling centers on delisted…

Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. Summary Coinbase will unveil the next phase of its “Everything Exchange” strategy on June 16. New products span AI trading agents, prediction markets, stocks, lending, and DeFi services. Bernstein sees Coinbase benefiting from up to $10 billion in World Cup-related prediction market activity. According to a company blog post published by Coinbase executive Max Branzburg, the crypto exchange is building what it describes as a unified account where users can access multiple financial products…

The Commodity Futures Trading Commission has taken New Mexico to federal court over efforts to regulate prediction markets. Summary The CFTC sued New Mexico officials to stop state gaming laws from applying to Kalshi contracts. New Mexico accused Kalshi of offering unlicensed sports betting and allowing underage participation. CFTC Chair Michael Selig said federally regulated exchanges fall under the agency’s jurisdiction. The lawsuit targets state officials after New Mexico moved against Kalshi over alleged unlicensed sports betting activity. The dispute adds another chapter to the growing conflict between state regulators and federal authorities over prediction market oversight. CFTC challenges New…