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In brief Billionaire Jeremy Grantham is skeptical about crypto’s place in the financial world, calling it “useless” and a “speculative mechanism.” Grantham noted Bitcoin’s recent fall despite strong economic conditions, highlighting its instability as a store of value. Bitcoin was recently trading more than 50% off its all-time high of $126,080. Billionaire investor Jeremy Grantham won’t be adding crypto to his portfolio any time soon.Grantham, the co-founder of investment firm GMO, made his position on the asset class well known in an appearance on CNBC’s “Squawk Box” on Friday, where he called crypto a “useless, speculative mechanism.” “Years and years, decades…

In brief Stablecoin volume topped $28 trillion in 2025, beating Visa and Mastercard combined, yet founders and venture capital stay concentrated in the U.S. and Europe. The real demand is in emerging markets, where stablecoins are a financial lifeline: Nigeria has 26 million-plus crypto users, and Argentina’s stablecoin purchases top half of all exchange trades. Alex Witt, General Partner at Verda Ventures, argues the funds backing founders in Lagos, São Paulo, and Manila now will reap the biggest stablecoin returns of the next decade. Most assume the stablecoin opportunity is centered where the capital is, in New York, San Francisco,…

The ongoing artificial intelligence stock frenzy has pulled in capital from across the market, from traditional metals, considered the safest assets, to crypto, considered the riskiest.Gold dropped below $4,000 for the first time since November earlier this week, silver has lost more than half its value from its high, and bitcoin has slipped to nearly $58,000.The three selloffs are not a coincidence. For much of the past two years, they have been, to a large degree, the same trade, and now the same forces are unwinding it.That trade even has a name, the “debasement” trade. It is the bet that…

Chinese AI models are gaining ground on Anthropic and OpenAI after Z.ai released GLM-5.2, an open-source system running at roughly one-sixth the cost of US frontier labs. The launch arrived as Washington tightened access to American models. The timing reshaped the entire competitive picture across the global AI industry in just one week. How GLM-5.2 is Reshaping the Chinese AI Race An open-source AI model is a system whose weights can be freely downloaded, fine-tuned, and run on any infrastructure without the original developer’s permission. GLM-5.2 belongs to that category, and its release has triggered the loudest reaction from Silicon…

The FBI is urging victims of the OneCoin cryptocurrency fraud to apply for government compensation before the June 30, 2026, deadline, with more than $40 million in forfeited assets still available. The Department of Justice (DOJ) launched the remission claims process on April 13, making funds accessible to eligible investors. Victims can file petitions online, by mail, or by email through onecoinremission.com, the only authorized claims portal. The $4 Billion Fraud Built on False Promises OneCoin launched in 2014 out of Sofia, Bulgaria, with its founders marketing it as the next major cryptocurrency. Co-founders Ruja Ignatova and Karl Sebastian Greenwood…

Palo Alto, United States, June 26th, 2026, Chainwire Toss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion. Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users. Frontier AI has run out…

Palo Alto, United States, June 25th, 2026, Chainwire Story rebrands as The DATA Foundation, launches DATA Network with flagship Kled AI integration, registering 1.5 billion user-contributed records on the platform The Foundation also introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale Today, Story announces a strategic transition to become The DATA Foundation (“DATA”) and launches Trace, an onchain registry for AI training data provenance and licensing. The launch includes a flagship integration with Kled, the world’s largest opt-in human data marketplace, registering 1.5 billion user-contributed records on the Network. Andrea Muttoni becomes CEO…

London, United Arab Emirates, June 25th, 2026, Chainwire Solstice to launch aiUSX, a yield-bearing asset that lets companies help finance the buildout with the capital they already hold for AI. TensorX and Solstice today announced a partnership to finance European sovereign AI infrastructure. TensorX and Solstice will work together to create a facility with up to $1 billion in capacity to finance AI hardware and data-center build-out to meet rising demand for sovereign compute across the EU. Solstice will provide the onchain financing for that buildout and will launch aiUSX, a potential yield asset that opens the same infrastructure lending…

ROAD TOWN, British Virgin Islands, June 25, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced continued growth across its ecosystem as cumulative trading volume approached $1 billion, reaching $946.29 million alongside $20.71 million in Total Value Locked (TVL), according to on-chain data from DefiLlama. This surge is directly driven by the protocol’s native VIP Program, which aligns active traders with ecosystem success by distributing 30% to 50% of platform fee revenue back to high-volume users. With annualized protocol revenue currently tracked at $1.07 million, the VIP reward pool distributes hard USDC yield directly back to participants,…

Eightco treasury composition as of June 24, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $436 million Worldcoin token (WLD) now listed on Robinhood, expanding access to millions  OpenAI recently announced that it submitted a confidential S-1, setting itself up for an initial public offering World offers a solution to the ‘double human’ problem in a world proliferating with deepfakes Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., June 25, 2026 /PRNewswire/ — Eightco Holdings Inc.…