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SK Hynix’s $28 billion United States share sale drew orders for more than seven times the available shares. A person familiar with the matter told Reuters. The demand emerged the same week South Korea’s KOSPI briefly slid into a technical bear market. Steep losses in SK Hynix and Samsung Electronics shares dragged the index down. Institutional Money Bets Big Despite the Swings The order book drew interest from global long-only funds, sovereign wealth funds, and Asia-focused institutional investors. Demand held steady throughout the week’s volatility. Baillie Gifford, Coatue Management, and Situational Awareness Partners indicated interest for as much as $7…

We will also take a look at PI’s latest price performance in this article, which has been quite underwhelming. Pi Network’s team introduced new updates yesterday and has taken to X to outline more details about how they function and how users can take full advantage. However, the underlying asset continues to dig new lows, and its free-fall doesn’t seem to be ending soon. New Update Explained CryptoPotato reported yesterday the two major updates, one focusing on the AI-assisted App Planning Phase, allowing developers to create their product from an initial idea, and the other improving the backend support. In…

US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of the midterms.Wyden told Senate Minority Leader John Thune and Senate Majority Leader Charles Schumer to preserve a section of the CLARITY Act known as the Blockchain Regulatory Certainty Act (BRCA), according to a letter shared by Crypto in America podcast co-founder Eleanor Terrett on Wednesday.“Developers who make and release software that allows people to manage their own digital assets — and, critically, where the developer does not control user assets…

Victoria, Seychelles, July 8th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, will add nine Ondo tokenized stock and ETF trading pairs to its spot market, the latest expansion of ongoing collaboration with Ondo Finance. The new pairs cover companies across the data center, semiconductor and power supply chains linked to growing AI infrastructure demand, expanding the range of tokenized U.S. equities available to users and providing on-chain exposure to a sector at the center of the current AI infrastructure buildout. The pairs include tokenized stocks and ETFs tracking Bloom Energy (BEON/USDT), Astera Labs (ALABON/USDT), Credo Technology (CRDOON/USDT),…

Zug, Switzerland, July 7th, 2026, Chainwire Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE. Building on its position as Switzerland’s leading crypto financial services provider, Bitcoin Suisse is further accelerating its international expansion. Bitcoin Suisse Group’s subsidiary, BTCS (Middle East) Ltd. (“BTCS ME”) has received Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, marking another significant step toward the Group’s international growth strategy becoming a leading global wealth…

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 95% of the way to the ‘Alchemy of 5%’ in just 12 months Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,879,157 staked ETH, representing $8.8 billion at $1,800 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors Bitmine owns $71 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in…

Panama City, Panama, July 6th, 2026, Chainwire Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date. Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot. Registration for The Island opens on June 29 at 08:00 UTC, with the competition running from July 6 at 08:00…

K Wave Media has become a useful reminder that the Bitcoin treasury trade is not one simple story. The company once presented Bitcoin as part of a larger balance-sheet strategy. Now, after selling its BTC and shifting attention toward artificial intelligence infrastructure, it has effectively shown the other side of the corporate accumulation narrative. That matters because Bitcoin treasury companies have been one of the loudest themes of the cycle. The market loves the clean version: a public company raises capital, buys BTC, and lets shareholders gain leveraged exposure to Bitcoin. K Wave’s reversal is messier. For more details, visit…

Reform UK leader Nigel Farage reportedly accepted gifts that he did not publicly disclose from a crypto entrepreneur convicted of fraud in the US, according to The Sunday Times. The news outlet reported on Saturday that Farage was gifted staff, security, transport and accommodation by George Cottrell, an aristocrat involved in an offshore crypto casino who has been a close adviser to Farage for more than 10 years.Farage said in a statement on Sunday that he “followed the rules” over the gifts from Cottrell, which he received before he was elected a member of parliament in July 2024, and called The…

The numbers are hard to ignore. Esports revenue is on track to hit $5.1 billion, and the global audience watching competitive gaming has swelled to 640.8 million people. That’s not a niche hobby anymore — that’s a mainstream entertainment industry with serious money behind it. The Esports World Cup kicks off in Paris on July 6 and runs through August 23, making it the biggest esports event of 2026. More than 2,000 players and 200 clubs are set to compete across the seven-week span. The scale is pretty much unprecedented for the industry — seven weeks of competition, hundreds of…