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On February 15, 1992, in Virginia, Romanian mathematician Stefan Mandel and his associates scooped $27 million after blanketing every lottery combination with tickets financed by a network of investors. It was the peak of a 14-jackpot run spanning Romania, the UK, and Australia, before regulators in Australia and France rewrote rules that now make the … Read more
The Trump Administration has proposed imposing 25% tariffs on Brazilian goods under Section 301 of the Trade Act of 1974. The investigation alleges that Brazil “has unfairly disadvantaged U.S. companies engaged in competing electronic payment services” by promoting Pix. Brazil Faces 25% Tariffs For Establishing Pix Pix, Brazil’s flagship instant payment system, has returned to … Read more
Traders across multiple prediction markets are pricing a significant downside move for bitcoin well ahead of any recovery toward six figures. As of 3:30 p.m. EDT on June 4, 2026, bitcoin is trading at $63,826, down roughly 2.8% on the day. The price level has become a focal point on Polymarket, Kalshi, and Myriad markets, … Read more
The Central Bank of Cuba announced that the interruption of the credit companies’ activities was linked to the suspension of foreign bank services that processed these transactions. The bank stressed this was a consequence of the expanded sanctions regime on Cuba. Mastercard And Visa Stop Processing Payments In Cuba Mastercard and Visa, two of the … Read more
Bitcoin fell to a low of $61,310 on June 4 as traders debated whether Strategy’s first net bitcoin sale since 2022 or billions in exchange-traded fund (ETF) outflows played the larger role in the market’s decline. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT, bitcoin was trading between $63,500 and $64,500. The … Read more
Visa has launched a proof-of-concept initiative with stablecoin infrastructure provider Brale to evaluate private, blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. Visa Expands Stablecoin Strategy The collaboration centers on SBC, a U.S. dollar-backed stablecoin issued by Brale, and will examine whether privacy-enabled blockchain infrastructure can support faster and … Read more
Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world’s largest corporate ethereum treasury. The Offering The said it company filed a preliminary prospectus supplement with the SEC on June 3, 2026, pricing 3,000,000 … Read more
Nineteen new American AI billionaires now hold a combined $59.3 billion, a second wave following the founders of OpenAI, Anthropic and DeepSeek. The haul stems from specialized models powering startups such as OpenEvidence (100+ million medical consultations), Reflection AI’s coding agents, and Mercor, which scaled revenue from $100 million in 2025 to $1 billion in … Read more
Bitcoin is currently trading roughly $150,000 below what Bitwise Europe’s sovereign default model says it is worth. That gap widened in May as the price climbed to $83,000 before $1 billion in exchange-traded product (ETP) outflows dragged it back to $72,000, leaving the market compressed at a structural crossroads. Bitcoin Hit $83K Then Crashed to … Read more
Ethena is not slowing down. The protocol just announced an expanded partnership with Anchorage Digital, a federally regulated crypto bank in the US, to push its institutional lending business further through Atlas Collateral Management, and the details of this deal are worth paying attention to. Under the new arrangement, Anchorage steps in as collateral manager … Read more