Jansen Teng said Virtuals now focuses on five pillars for an agent society. Virtuals is working on intent verification, escrow standards and reputation frameworks to reduce risks from autonomous agents.
Binance Faces EU Cutoff as July 1 MiCA Deadline Nears
Binance is set to miss Europe's July 1 MiCA authorization deadline, creating a potential cutoff for EU customer access. Binance warned European customers after withdrawing its MiCA license application in Greece two days earlier. ESMA said unauthorized crypto-asset service providers should stop onboarding new EU clients and limit activity to exits, transfers, position closures, or transition custody. CEO Richard Teng said Binance remains committed to securing a MiCA license in the coming months.
Spain's securities regulator said crypto firms will get no extension to the EU's July 1 MiCA licensing deadline. Binance remains unlicensed after withdrawing its application in Greece. Regulators are working with unlicensed firms on plans to transfer customer assets if needed.
Developer Fernando Irarrázaval's AI assistant Fiu resisted over 6,000 hack attempts from more than 2,000 attackers. The experiment caused a Google account suspension, more than $500 in API costs, and skewed batch-processing results.
OpenAI Reportedly Eyes 2027 IPO as Altman Targets $1T Valuation
OpenAI is reportedly leaning toward a 2027 IPO as Sam Altman pushed advisers to find a $1 trillion valuation. The company previously hired Goldman Sachs and Morgan Stanley to assist with IPO planning. OpenAI has not confirmed the reported delay from a previously hinted September 2026 launch period.
Jeremy Grantham predicted that Bitcoin will fall to zero as BTC traded in the $60,000 range after losing more than 50% from a near $126,000 high. Ricardo Salinas Pliego took the opposite view with 70% of his investment portfolio in BTC.
OpenAI unveiled the three-model GPT-5.6 family, but initial access is limited to trusted, government-approved partners. OpenAI expects general availability in the coming weeks if the preview proceeds as planned.
Securitize Expects $400M Raise Ahead of NYSE Debut
Securitize expects about $400 million in gross proceeds from its planned merger with Cantor Equity Partners II. The transaction is scheduled to close on July 1 pending shareholder approval on June 29 and other customary closing conditions. The combined company is expected to trade on the New York Stock Exchange under SECZ the following day.
Strategy’s market value has traded below the value of its Bitcoin holdings for much of the past seven months. A valuation metric that bulls used to defend Strategy’s premium is now flashing a warning.
Kalshi teamed with FIFA-linked ADI Predictstreet as weekly prediction market trading volume reached $14.5 billion. Outstanding bets hit $1.6 billion for the third straight weekly record. Artemis data showed Kalshi led sports wagering volume ahead of Polymarket.
US spot Bitcoin ETFs lost $696.3 million on June 25, 2026, their largest single-day outflow of the month. SoSoValue data shows June outflows reached $3.61 billion. Total net assets in the funds fell below $73 billion for the first time since late 2024. Bitcoin briefly dropped to about $58,200 before recovering to $59,890 by 11:50 p.m.
Sharplink bought 5,000 ETH worth $7.85 million on June 25, 2026, according to on-chain data cited by analyst EmberCN. The purchase marked Sharplink's first ether purchase in eight months, but the company has not publicly confirmed it.
A third-party vendor breach let attackers inject malicious code into Polymarket's website on June 25, 2026, draining about $2.9 million from user wallets. Polymarket said it removed the code and will fully refund affected users.
Polymarket to Refund Users After $2.9M Wallet Drain
A third-party vendor breach let attackers inject malicious code into Polymarket's website and drain about $2.9 million from user wallets. Polymarket said it removed the bad code and will fully refund affected users. Blockchain analyst Specter traced the theft to at least 11 wallets, while Bubblemaps estimated fewer than 15 affected accounts.
Senators Urge CFTC Probe of Polymarket Over Fake Bet Promotions
Sens. John Curtis and Adam Schiff urged the CFTC to investigate Polymarket after a Wall Street Journal review found about 70% of 1,105 creator videos showed bets that were not real. The wagers were worth about $1.9 million, according to the Journal. Polymarket said it plans a comprehensive audit of promotional content.
Strategy’s STRC sank to another all-time low below $7.2 billion in market capitalization this morning. STRC traded at $71.25 by 9:33am today, 29% below the $100 par value Strategy advertises.
US spot Bitcoin ETFs recorded more than $1.3 billion of withdrawals over the past week. BlackRock’s IBIT saw $860 million in net departures so far this week, the largest among the funds. IBIT is on pace for its seventh straight week of outflows.
Crypto Firms Push CLARITY Act Senate Vote Before August Recess
More than 200 crypto companies and advocacy groups urged Senate leaders to schedule a CLARITY Act floor vote before the August recess. The House passed H.R. 3633 by a 294-134 vote on July 17, 2025, and the Senate Banking Committee advanced a revised version 15-9 on May 14. Section 604, ethics restrictions, and decentralized-finance rules remain unresolved.
Two U.S. senators sent a letter to the CFTC chairman urging an investigation into Polymarket. The senators cited deep concern over previous reports of deceptive marketing practices at the platform.
DraftKings launched DKeX, its own prediction market trading platform. DKeX uses technology and licenses that DraftKings acquired through Railbird. Railbird is a Designated Contract Market regulated by the U.S. Commodity Futures Trading Commission.
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