🚨MEMORY GIANTS FACE CALSS-ACTION LAWSUIT OVER ARTIFICIALLY CREATING A GLOBAL MEMORY CRISIS
Samsung, Micron, and SK Hynix have been hit with a Federal Class-Action lawsuit alleging they coordinated DRAM production cuts since 2022 while shifting capacity toward higher-margin AI memory, squeezing conventional supply and sending RAM prices soaring.
Together, the three companies control over 90% of the global DRAM market, with plaintiffs alleging their strategy helped drive commodity memory prices up by roughly 700% over the past four years.
LATEST: 📈 MSTR shares closed up 12.6% after Strategy announced a sweeping new digital credit capital framework that includes up to $1.25B in Bitcoin sales and two $1B stock repurchase programs.
🚨THE FIRST FANNIE MAE BACKED BITCOIN MORTGAGE HAS CLOSED IN THE UNITED STATES
A couple in Michigan bought their first home by pledging Bitcoin as collateral instead of selling it, making it the first Fannie Mae backed mortgage using crypto in US history.
Borrowers can pledge BTC or USDC without triggering capital gains taxes, with no margin calls even if prices drop.
Better Mortgage is projecting $250 MILLION in initial loan volume with a nationwide rollout planned for this summer.
⚡️ INSIGHT: Vitalik Buterin says obfuscation plus blockchains could unlock near-trustless private onchain voting, hiding the program logic while using chains to handle state.
LATEST: 🇺🇦 Ukraine has placed seized crypto under state management for the first time, transferring $8.3M in USDT to asset-recovery agency ARMA from an alleged ransomware hacker's wallets.
🔥CZ: BINANCE’S EU MICA FAILURE IS A “LOSS FOR EUROPE”
CZ claims Binance was once told by EU regulators that its MiCA application was "fully compliant" and close to approval.
He says two EU countries wanted Binance badly enough that there was a “bidding war” over where the exchange would be licensed.
However, “other forces” pushed back, forcing Binance to withdraw.
“It’s a loss for Binance. It’s also a loss for Europe.”
LATEST: 🇪🇺 The European Banking Authority unveiled a penalty framework under MiCA that could hit "significant" crypto token issuers with fines up to 12.5% of annual turnover or 2x the profits from the violation.
🚨BRUTAL: SPOT BITCOIN ETFS HAVE LOST $4 BILLION IN THEIR WORST MONTH ON RECORD
Investors have pulled $4.06B from spot Bitcoin ETFs in June, the largest monthly outflow since the products launched in January 2024.
That beats the previous record of $3.56B in February 2025.
Last week alone saw $1.79B in outflows, the second-largest on record.
🔥 BULLISH: SharpLink bought $62.4M worth of $ETH last week, scooping up nearly 40,000 $ETH after an eight-month pause that signals a revived accumulation strategy.
🚨BREAKING: STRATEGY AUTHORIZES UP TO $1.25 BILLION IN BITCOIN SALES
Strategy has authorized a “BTC Monetization Program” that allows it to sell Bitcoin to fund its $2.55 BILLION USD Reserve and cover preferred stock dividends.
The company also authorized $1 BILLION buyback programs for both its preferred securities and MSTR common stock.
Saylor says Strategy “remains committed to Bitcoin as its primary treasury reserve asset.”
🚨HYPER FOUNDATION OFFERS $10 MILLION FOR USDH EXIT
Hyper Foundation is giving around $10 MILLION in grants to help builders migrate from USDH to USDC as USDH gets PHASED OUT.
Eligible developers, protocols, bridges, and deployers must complete migration or orderly shutdowns by end of July 2026.
Users can convert USDH to USDC through feeless bridges.
🚨SPAIN SAYS NO MICA DEADLINE EXTENSIONS
Spain’s securities regulator says crypto firms that FAIL to secure MiCA approval by July 1 will get no waivers, no extensions and no exceptions.
“There will be no exceptions or extensions,” CNMV Chair Carlos San Basilio reportedly said, referring to all crypto firms affected by the framework.
🚨TETHER'S $23 BILLION GOLD RESERVE TO TURN INTO COLLATERAL
Tether is expanding the use of Tether Gold, or XAUT, by bringing the tokenized gold product to crypto lender Ledn.
Ledn will now support XAUT alongside BTC and USDT, with borrowing against XAUT expected later this year.
Each XAUT token represents one troy ounce of gold stored in Swiss vaults.