Anthropic said it abruptly disabled its two most capable artificial intelligence (AI) models, Fable 5 and Mythos 5, for all customers worldwide after the U.S. government ordered it to cut off access for any foreign national, citing national security. An Order Of Potential Major Repercussions The directive arrived on June 12 at 5:21 p.m. Eastern […]
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Coinbase is teasing the next phase of its Everything Exchange vision built around one account for crypto, stocks, ETFs, cash, perpetual futures, prediction markets, and rewards. The plan targets instant settlement and 24/7 access, with nearly 10,000 stocks and ETFs included in its expanding product roadmap. Coinbase Details Expanding Everything Exchange Vision Crypto exchange Coinbase […]
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SpaceX priced the largest IPO in history Thursday night and spent Friday proving investors meant it. Record Raise, Record Wealth The company priced 555.56 million shares at $135 apiece on June 11, pulling in $75 billion in a primary offering that more than doubled Saudi Aramco’s 2019 raise. When the stock opened at $150 on […]
]]>SpaceX begins trading on the Nasdaq under the ticker $SPCX, marking the largest initial public offering in stock market history. Thereby, raising $75 billion at a targeted price of $135 per share and carrying a $1.75 trillion valuation into its public debut. The record does not just edge past the previous holder, it obliterates it. Saudi Aramco held the prior IPO record when it opened at $25.6 billion in 2019. SpaceX has now raised three times that figure in a single offering, rewriting the record books on its first day of trading and arriving on public markets as one of
The post SpaceX Makes Nasdaq Debut With $75B IPO, The Largest in History as Elon Musk Eyes Trillionaire Status appeared first on The Merkle News.
]]>Pump.fun is moving SOL again. The meme coin launchpad just deposited 67,482 SOL worth approximately $4.51 million into Kraken over the past hour. Thereby, extending what has become one of the most consistent and closely watched sell-side trends in the Solana ecosystem. The deposit is not an isolated event. On-chain data shows Pump.fun has now offloaded a cumulative 4.53 million SOL worth $784.7 million at an average execution price of $173 per token. That is a sustained, systematic liquidation of treasury holdings that has been playing out over time, and the market has been watching every deposit hit the exchange.
The post Pump.fun Deposits Another $4.5M in SOL to Kraken as Cumulative Sales Near $785M appeared first on The Merkle News.
]]>Metaplanet is not just buying Bitcoin anymore, it is building the infrastructure to distribute it. The Tokyo-listed company has entered into an agreement to acquire 100% of Siiibo Securities, a licensed Japanese securities firm and pioneer of the country’s online corporate bond market, in what marks the company’s first major acquisition and the opening move of a much larger strategy. The deal, expected to close in July, transforms Metaplanet from a Bitcoin treasury company into something far more ambitious: a regulated financial platform with the pipes to bring Bitcoin-linked products directly to Japanese retail investors. Siiibo Securities Becomes Metaplanet Securities
The post Metaplanet Acquires Siiibo Securities to Build Japan First Bitcoin-Centric Financial Ecosystem Under Project Nova appeared first on The Merkle News.
]]>BlackRock, world’s largest asset manager just deposited 2,402 BTC worth approximately $151.4 million and 12,679 ETH worth approximately $21.06 million to Coinbase Prime. While separate on-chain data also shows deposits of 2,193 BTC worth $138 million and 12,679 ETH worth $21 million flowing into Binance. The transfers are public, traceable on-chain, and landing at a moment when Bitcoin and Ethereum are already under sustained selling pressure. Exchange deposits of this size from an address linked to BlackRock are the kind of activity that on-chain monitoring communities flag immediately, because deposits to exchanges, unlike withdrawals, carry a different implication about what
The post BlackRock Moves $159M in Bitcoin and Ethereum to Coinbase Prime and Binance as ETF Outflows Continue appeared first on The Merkle News.
]]>Ripple and Bitso are taking their payments partnership to the next level. The two companies have announced an expansion of their long-standing collaboration that puts Bitso’s Mexican Peso-backed stablecoin, MXNB, directly onto the XRP Ledger and integrates it into Ripple’s Payments on DEX infrastructure for enterprise settlement across Latin America. The deal is specific and consequential. Bitso’s regulated MXN-backed stablecoin will be issued natively on XRPL and paired with Ripple’s RLUSD on the ledger’s Permissioned DEX, creating a compliant liquidity corridor that connects regulated USD and Mexican Peso liquidity in a single on-chain settlement environment. For enterprise treasury teams and
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]]>Nothing in the history of public markets has looked like this. The SpaceX IPO prices tomorrow, and the numbers are so large they barely feel real. Over $250 billion in total orders received. Retail interest alone crossing $70 billion. Thirty percent of shares reserved for everyday investors. A valuation touching $1.8 trillion. And for crypto natives who want exposure from day one, a tokenised SpaceX share called $SPCX is going live on Solana the same day, trading around the clock, backed one-to-one by real shares, and redeemable directly into a brokerage account. Friday is going to be a day the
The post SpaceX Lands on Solana, $SPCX Brings the Largest IPO in History to Crypto With 24/7 Trading and Real Share Backing appeared first on The Merkle News.
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South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec […]
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