Tag: News

Nineteen New AI Billionaires Worth $59.3 Billion. Will the Boom Make You Rich? – Bitcoin News

boss

Key Takeaways OpenEvidence topped 100M consultations, creating 19 AI billionaires worth $59.3B in 2026. Mercor grew revenue from $100M in 2025 to $1B in 2026, boosting AI data infrastructure. Bill Gates backs AI tax debates as investors target regulated sectors with measurable ROI. The first crop of AI tycoons made their money on foundational models; now a second wave is cashing in on what those systems can actually do. From coding agents and legal automation to a healthcare engine credited with more than 100 million consultations, startups are minting fortunes…

Bitwise Model Shows Bitcoin Is Deeply Underpriced at $224K Fair Value Amid Debt Crisis – Bitcoin News

boss

Key Takeaways Bitcoin retraced to $72K in May after Bitcoin ETP outflows reached $1.031 billion in the second half of the month. Bitwise Europe data shows long-term holders reached an all-time high of 14.85M BTC, equal to 74.3% of supply. The $78K–$85K zone remains the key level to watch, with Polymarket odds for CLARITY Act passage in 2026 at 75%. Bitcoin Hit $83K Then Crashed to $72K — Here Is What Flipped The month opened with bitcoin crossing $80,000 for the first time since late January. The initial move was…

Payments Giants Visa, Mastercard, and Stripe Back Stablecoin Platform for Faster Payments – Bitcoin News

boss

Key Takeaways Visa, Mastercard, and Stripe are reportedly backing a new joint stablecoin platform, per a June 3 Coindesk report. Visa’s stablecoin settlement pilot has reached $7B in annualized volume, with cards live in 18 countries and expanding to 100-plus by end of 2026. Mastercard’s $1.8B BVNK deal and six new USDC, RLUSD, and PYUSD settlement partners signal accelerating infrastructure investment in H1 2026. Payments Giants Eye Shared Stablecoin Infrastructure The platform, which has not been officially announced and carries no confirmed name, would bring together the three payments companies…

Kraken Unlocks US-Listed IPO Access for Retail Crypto Users Across 100+ Countries – Bitcoin News

boss

Key Takeaways Kraken parent Payward opens U.S.-listed IPO access to retail investors at the offering price via xStocks. The xStocks framework has processed over $30 billion in volume and serves 125,000+ holders globally. Payward plans to expand IPO access to new markets and onboard additional xStocks Alliance partners in 2026. The announcement, made on Wednesday, June 3, 2026, positions xStocks as the first crypto-native infrastructure to give everyday investors access to a corner of capital markets that has historically belonged to institutional buyers, private banking clients, and select regional brokerages…

Mastercard Opens Stablecoin Settlement to 6 Partners Across USDC, RLUSD and PYUSD – Bitcoin News

boss

Key Takeaways Mastercard adds USDC, RLUSD, PYUSD, and three other stablecoins to its global card settlement network across 8 blockchains. ARQ, Cross River, Lead Bank, Nuvei, and CBW Bank are the first to activate stablecoin settlement in the U.S. and Latin America. Rollout expands through 2026, with additional regions, partners, and regulated stablecoins expected on the Mastercard network. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be able to settle transactions through the same global infrastructure…

Becoming a Millionaire by 30, Warren Buffett Shares His Proven Strategy – Bitcoin News

boss

Key Takeaways Warren Buffett and Charlie Munger built Berkshire’s 1978 partnership on trust and debate. Berkshire’s 2 key bets, Coca-Cola and American Express, favored patience over fads. Buffett’s next lesson is simple: pick 3 traits—brains, honesty and energy. By 30, Warren Buffett had already crossed the seven-figure mark, but he says the most valuable asset on his balance sheet was something you cannot buy: the right partners. For decades, his alliance with Charlie Munger powered Berkshire Hathaway, a study in patience, discipline, and ideas sharpened by honest debate. In interviews…

Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow – Bitcoin News

boss

Key Takeaways OFAC sanctioned Nobitex and 3 Iranian exchanges on June 2, 2026. Nobitex handled over 50% of Iran crypto inflows in 2025, the Treasury said. Ramzinex processed $2.45B as firms face tighter Iran screening next. 4 Exchanges, 4 Nationals Hit as U.S. Expands Iran Crypto Sanctions Campaign The Treasury’s Office of Foreign Assets Control, or OFAC, designated Nobitex, Wallex, Bitpin, and Ramzinex, along with four Iranian nationals. Foreign financial institutions and individuals may also face sanctions if they engage in certain transactions with the firms. Treasury said Nobitex processed…

Ethena Labs Moves Into Institutional Off-Chain Lending With Anchorage Digital – Bitcoin News

boss

Key Takeaways Anchorage Digital’s Atlas platform now manages collateral for Ethena Labs’ institutional lending, keeping assets in qualified custody. Anchorage Digital Bank N.A. also issues USDtb, making it Ethena Labs’ partner across two core infrastructure workstreams. The deal targets institutional borrowers who need onchain credit access without moving collateral outside regulated custody frameworks. What the Deal Does Under the structure, Anchorage Digital holds and monitors collateral, while Ethena Labs deploys capital into institutional loans, Anchorage detailed in a release shared with Bitcoin.com News. Collateral stays within Anchorage Digital’s custody framework…

Moonpay Connects Institutions to Franklin Templeton’s Tokenized Funds in New Onchain Push – Bitcoin News

boss

Key Takeaways Franklin Templeton and Moonpay launched an integration connecting BENJI tokens to Moonpay Trade’s institutional onchain execution infrastructure. Eligible institutions can now swap between stablecoins and Franklin Templeton tokenized funds, supporting treasury and collateral workflows. The deal extends Franklin Templeton’s 2026 onchain expansion, following its April BENJI-based acquisition of 250 Digital. What the Integration Does The deal links Franklin Templeton‘s proprietary blockchain-enabled recordkeeping system to Moonpay Trade’s quote, routing, and execution network. Eligible institutional users can now move between supported stablecoins and Franklin Templeton’s tokenized money market fund suite…

XRP News: Ripple Expands RLUSD to Turkey, A Major Move to Boost XRPL Liquidity

In XRP News today, Ripple announced on June 2, 2026, that its USD-backed stablecoin RLUSD is now available in Türkiye through three local partnerships, BiLira, Bitexen, and Bitlo – as the company pushes deeper into a market that the Chainalysis 2025 Geography of Crypto Report identifies as facilitating nearly $200 billion in annual crypto transaction volume, outpacing its nearest MENA regional peers by nearly fourfold. This is not simply a distribution agreement: it is a deliberate attempt to anchor USD-denominated institutional liquidity directly onto the XRP Ledger in one of…