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“You’re hitting tank bottom.” That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared with senior officials in Washington. The same person gave it an unusually specific deadline: mid-to-late June, according to E&E News. The White House’s response was immediate and direct. “Politico’s anonymous sources are wrong,” a White House official said, while an Energy Department official added there have been no such discussions about inventory levels, according to E&E News. Four oil executives told Politico the opposite is true, and at least…

Key TakeawaysLawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million.Older Americans faced most known-age losses, making senior protections central to the proposal.Operators could face stricter limits, required warnings, refunds, and expanded state safeguards. Bipartisan Bill Would Set Crypto ATM Limits and Scam Warnings U.S. Representatives María Elvira Salazar (R-FL) and Sean Casten (D-IL) introduced the Stop Crypto ATM Scams Act on June 11, Salazar’s office announced. The bipartisan bill would add consumer protections, transparency rules, and law enforcement tools after Americans lost more than $333 million to crypto ATM scams in 2025. FBI data…

Not long ago, GPU chips were a gamer’s luxury. Today, they are rapidly evolving into a distinct asset class, one that investors can finance, collateralize, lease, and even treat as yield-generating infrastructureIntroductionIn April 2026, KPMG and UK-based alternative investment firm Nuway Capital published their joint research series on GPU investing. In a survey of 120 high-net-worth individuals, family offices, and wealth managers across ten international markets, they found that technology-related assets have overtaken real estate and private equity as the most widely held thematic area within alternative portfolios. SPVs, GPU leasing structures, and the tokenization of physical compute resources are…

Zcash founder Zooko Wilcox said a security audit by Anthropic’s Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency’s protocol.Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday X post by Wilcox.On June 3, Zcash developers temporarily suspended Orchard transactions after discovering a vulnerability in the shielded pool. Functionality was restored later that day through an emergency upgrade.The issue stemmed from a four-year-old forgery bug in the Orchard shielded pool that was discovered by…

Several major crypto exchanges just canceled their tokenized SpaceX IPO allocations. No warning. No grace period. Just gone — and now they’re scrambling to promise full refunds to everyone who had pre-allocated funds sitting on the table. SpaceX completed its IPO on the Nasdaq last Friday. It was a big deal. Investors had been watching it for months, and a handful of crypto exchanges had moved early to offer something genuinely novel: tokenized exposure to SpaceX shares, letting retail crypto users tap into one of the most hyped public listings in recent memory without ever touching a traditional brokerage. The…

Bitmine’s Board of Directors declares initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock Series A Preferred Stock approved for listing on the New York Stock Exchange under the symbol “BMNP” with trading expected to commence on Tuesday, June 16, 2026 NORWALK, Conn., June 13, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company“) announced today that its Board of Directors has declared the initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “Series A Preferred Stock“). The initial dividend, which represents accumulated regular dividends from…

Ripple and Bitso expanded their partnership to boost cross-border settlements and remittances across the US and LATAM.It also unlocks MXNB’s integration into the XRPL to deepen its liquidity.Ripple, the world’s leading blockchain solutions provider for institutions, announced it has expanded its partnership with Bitso, a top digital asset services and crypto platform in Latin America (LATAM). The move also amplifies the range of MXNB, a stablecoin pegged 1:1 with the Mexican peso (MXN).The Expanded Partnership Between Ripple and BitsoThe partnership marks the deeper integration of the XRP Ledger (XRPL) into Bitso’s infrastructure. It benefits from the XRP ecosystem’s deep liquidity,…

Blockworks, the New York-based crypto data and investor relations platform, has acquired rival Messari in a deal that underscores the growing consolidation pressure reshaping the digital asset industry — and the steep valuation resets facing once high-flying crypto startups. The acquisition brings together two of the industry’s largest crypto information businesses. Messari, founded in 2018, built a comprehensive data platform covering more than 40,000 digital assets, along with APIs, market intelligence, research tools, and AI-powered workflows used by funds, exchanges, regulators, and developers.  Blockworks, also founded in 2018, has focused on the issuer side of crypto capital markets, offering standardized…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched SPCXX, tokenized SpaceX under the xStocks framework on its Spot market, together with new prize pools.  SPCXX is listed on Bybit Spot on June 12, 2026, at 16:20 UTC. Users can take part in a 200,000 USDT Token Splash exclusive on Bybit for a chance to earn rewards by accumulating spot trading volume in SPCXX pairs. Bybit Spot Listing Timeline SPCXX deposit: Opens on June 12, 2026, 16:20 UTC SPCXX listing: June 12, 2026, 16:20 UTC SPCXX withdrawals: Opens on June 13,…

Dubai, United Arab Emirates, June 12th, 2026, Chainwire Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of SPCXx, the tokenized SpaceX equity issued by xStocks, available for 24/7 on-chain trading and liquidity provision on Mantle from the day SpaceX completes the largest initial public offering in history. The listing brings on-chain access to one of the most anticipated equity events in history through two of the ecosystem’s flagship venues, Fluxion and Merchant Moe, and opens what is expected to be a strong season of high-demand tokenized equity listings on Mantle. Institutional-Grade Execution via…