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Megapari Launches World Cup Pass 2026: Choosing Game Pass, Getting Free Bets, and Entering the Prize Draw

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[PRESS RELEASE – London, United Kingdom, June 8th, 2026]

Megapari is excited to announce the World Cup Pass 2026 promotion, running from June 10 to July 19, 2026, alongside the FIFA World Cup. Players can choose from three levels of game passes to earn free bets for completing tasks and automatically enter a grand prize draw.

Existing players may participate in the promotion starting June 10, 2026, provided they have completed all fields in their personal account, verified their linked phone number, selected sports bonuses, and confirmed participation in this specific promotion.

How It Works

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The World Cup Pass 2026 promotion runs from June 10 to July 19, 2026. Players must select one of three pass levels before starting:

  • Level 1 — Free entry (no deposit required). Earning free bets for completing tasks up to €85.
  • Level 2 — Entry with a deposit of €15 or more. Earning free bets for completing tasks up to €125 + receive 5 starting lottery tickets.
  • Level 3 — Entry with a deposit of €30 or more. Earning free bets for completing tasks up to €140 + receive 12 starting lottery tickets.

Each level consists of 20 sequential tasks. A free bet is awarded for each completed task.

How to Earn More Tickets & Participate

In addition to starting tickets, players can earn extra lottery tickets throughout the promotion period (June 10 – July 19, 2026):

  • For every €5 deposited = 1 additional lottery ticket.

No further action is required to enter the draw — all tickets are automatically entered.

Winner Selection and Grand Prize Draw

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Megapari, as the organizer of the promotion, will conduct a draw among all eligible tickets on July 20, 2026. A total of 20 winners will be selected to share the following awarded prizes: 15 000 EUR and 5 000 EUR of real cash, PS 5 Pro, iPhone 17 Pro Max, iPad Air and a bunch of free bets are all available for grabs!

The results of the draw are expected to be published on the promotion page after July 20, 2026.

Free Bet Terms and Conditions

Free bets awarded as part of task completion or as prizes are subject to the following rules:

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  • Free bet will be credited within 24 hours after the task is completed or the draw ends.
  • Free bets must be used within 48 hours, on an accumulator bet with at least 4 selections (minimum odds 1.50 each).
  • Any free bet not used within 48 hours will expire.

About Megapari

The Megapari brand has been operating since 2019, offering sportsbook and online casino services in dozens of countries worldwide.

Players can access the platform both through a web browser and via mobile applications for iOS and Android devices.

The company accepts deposits in local fiat currencies in its operating markets, as well as in 13 of the most widely used cryptocurrencies, including Tether (USDT), Micro Bitcoin, Milli Ethereum, and others.

Megapari regularly offers bonuses to its customers, including three welcome bonus options to choose from. As a result, no customer will be left without a reward, even if they do not manage to participate in the Trip Lottery: Champions Cup 2026 promotion.

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Official website: https://megapari.com/

Company Contacts

Customer Support Hotline:

+441863440619

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+35780092576

Customer Support Email:

support@megapari.com

Media and Advertising Inquiries:

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marketing@megapari.com

The post Megapari Launches World Cup Pass 2026: Choosing Game Pass, Getting Free Bets, and Entering the Prize Draw appeared first on CryptoPotato.

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Bitcoin’s quiet cycle may be healthier than it looks: Bernstein

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Bitcoin's quiet cycle may be healthier than it looks: Bernstein - 3

Bitcoin has remained under pressure throughout 2026, but analysts at Bernstein have argued that the cryptocurrency’s weaker performance is helping create a more institution-focused market rather than signaling a long-term problem.

Summary

  • Bernstein says Bitcoin’s weak 2026 performance is creating a more institution-driven market as retail investors shift toward AI stocks.
  • Spot Bitcoin ETF and corporate treasury inflows have fallen to about $12 billion this year, down from $60 billion in 2025.
  • Despite bearish technical signals and a 27% yearly decline, Bernstein maintains its $150,000 Bitcoin price target for year-end.

According to a research note released Monday by Bernstein’s Global Digital Assets team, capital flows into Bitcoin have slowed sharply this year as retail investors increasingly pursue opportunities in artificial intelligence-related stocks.

The report said net inflows from spot Bitcoin exchange-traded funds and corporate treasury buyers have reached roughly $12 billion so far in 2026, down from about $60 billion during all of 2025. Bernstein also noted that Bitcoin ETFs have recorded net outflows of approximately $2.6 billion despite collectively managing around $75 billion in assets.

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Rather than viewing the decline as a warning sign, Bernstein analysts said the changing investor mix could improve market stability. The firm said pension funds, sovereign wealth funds, institutional asset managers and corporate treasury companies now make up a larger share of Bitcoin ownership than in previous cycles, when retail speculation played a much bigger role.

“We believe this maturation phase of Bitcoin is less appreciated, and the criticism has largely come from its lack of retail momentum—which may not be a bad thing considering retail has crowded into AI.”

Strategy continues accumulating Bitcoin

Among the largest institutional buyers, Strategy has continued expanding its Bitcoin holdings despite the market downturn.

Bernstein noted that the company raised approximately $7.5 billion through its STRC preferred stock offering this year and used the proceeds to acquire around 100,000 BTC. The world’s corporate BTC holder now owns more than 845,000 BTC valued at roughly $53.6 billion.

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Elsewhere in the digital asset sector, several publicly traded mining companies have increased their exposure to artificial intelligence infrastructure. Bernstein highlighted firms such as IREN and Cipher Digital, which have benefited from growing demand for AI data center capacity.

At the same time, the firm pointed out that the entire cryptocurrency market remains relatively small compared with traditional asset classes. Total crypto market capitalization currently stands near $2.25 trillion, far below the size of global equity and commodity markets that continue to attract most investor attention.

Technical weakness contrasts with Bernstein’s outlook

Even as Bernstein maintains a constructive long-term view, Bitcoin’s chart structure remains under pressure.

At press time, Bitcoin (BTC) traded near $63,800 after recovering from a recent drop toward the $59,000 area. Daily chart data shows the asset rebounding from oversold conditions, though it remains below key Fibonacci retracement levels.

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Bitcoin's quiet cycle may be healthier than it looks: Bernstein - 3
Bitcoin price, RSI, and CMF daily chart — June 9 | Source: crypto.news

The Relative Strength Index has started to recover from deeply oversold territory while Chaikin Money Flow remains below zero, indicating capital outflows have yet to fully reverse.

Shorter-term charts also show Bitcoin trading within a bearish flag pattern following a sharp decline from the $74,000 region. The pattern’s upper boundary and Supertrend resistance converge near the $64,800 area, creating an important level for bulls to reclaim.

Bitcoin price has formed a bearish flag on the 4-hour chart.
Bitcoin price has formed a bearish flag on the 4-hour chart — June 9 | Source: crypto.news

Despite those technical challenges and Bitcoin’s decline of roughly 27% this year, Bernstein maintained its year-end price target of $150,000. The analysts argued that a lack of retail enthusiasm should not undermine Bitcoin’s long-standing role as a store of value.

“Bitcoin being boring this cycle should not be held against it, and does not take away from the long-term ‘store of value’ thesis, in our view.”

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Meta backs data center workforce training with $115M

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Meta backs data center workforce training with $115M

Meta has announced a $115 million training program for data center technician jobs as it expands AI infrastructure. The company said America’s Workforce Academy will offer cost-free training and guaranteed job offers to graduates.

Summary

  • Meta announced a $115 million program to train workers for data center technician roles.
  • America’s Workforce Academy will offer cost-free training and job offers to graduates.
  • Meta’s data center projects create large construction workforces but fewer permanent operational jobs.

The program comes as Meta builds more data centers to support its AI systems. It also forms part of the company’s larger U.S. infrastructure and jobs plan.

Meta launches America’s Workforce Academy

According to Meta, the new program will train workers for data center technician roles. A Meta spokesperson said the training will cover general skills used by data center technicians. The spokesperson said graduates will receive full-time job offers with general contractors. Those contractors will work on Meta’s data center construction projects. Meta did not identify the contractors involved in the program.

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The spokesperson also declined to say how many jobs will become available. Meta did not confirm whether the roles would include union positions. Associated Builders and Contractors, a construction trade group, expects to train thousands of people. The group said the program will run across the course of the initiative. Meta described the investment as part of its AI infrastructure workforce plan.

Dina Powell McCormick, Meta president and vice-chairman, linked the program to changing labor needs. “The AI revolution is bringing change but also historic opportunities,” she said. Meta said the academy will help prepare workers for technical roles tied to data centers. The company also said the program will remove training costs for participants. Graduates will then move into jobs connected to Meta’s buildout.

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AI infrastructure spending drives hiring plan

Meta has pledged to invest $600 billion in U.S. infrastructure and jobs over three years. The $115 million training plan represents one part of that commitment. The company continues building large data centers to support CEO Mark Zuckerberg’s AI plans. Zuckerberg has described AI agents that can perform tasks for users. Those tasks include creating apps, booking appointments, and completing transactions.

Last year, Zuckerberg hired AI researchers from rival companies, including OpenAI. Reports said some offers included $100 million signing bonuses. More recently, Meta changed parts of its internal AI organization. The company cut about 10% of its workforce, or around 8,000 employees. It also reassigned many workers to units focused on AI models and tools.

The training plan comes as Meta needs workers for construction and technical support. Data center projects require large workforces during construction. They often create fewer permanent jobs after operations begin. Meta’s program focuses on technician training rather than software roles. The company said contractors will employ graduates in full-time positions.

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Data center projects show job split

Meta’s Texas data center shows the difference between construction and operating jobs. The company broke ground on the site last year. The project could have more than 1,800 workers on-site during peak construction. However, the site expects about 100 permanent jobs once operational. The project ranks among the largest planned data centers in the United States.

Another Meta data center project in Oklahoma follows a similar pattern. The site expects more than 1,000 construction jobs at peak activity. It also expects about 100 operational jobs after completion. Those figures show how data center labor needs change after construction ends. Meta’s new academy focuses on preparing workers for roles tied to that expansion.

Meta did not provide a launch date for America’s Workforce Academy in the provided statement. The company also did not disclose the locations where training will begin. Associated Builders and Contractors said it expects thousands of trainees in the program. Meta said graduates will receive guaranteed job offers after completing training. The company has not named the general contractors that will hire them.

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Bitcoin kidnap organizer Saif Faiq faces 20 years in prison

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Bitcoin kidnap organizer Saif Faiq faces 20 years in prison

Saif Faiq has pleaded guilty to a federal conspiracy charge tied to a bitcoin-related kidnapping plot and now faces up to 20 years in prison.

Summary

  • Saif Faiq pleaded guilty to a federal conspiracy charge tied to a bitcoin-related kidnapping plot and faces up to 20 years in prison.
  • Prosecutors said Faiq helped organize the abduction of Veer Chetal’s parents after the theft of roughly 4,100 Bitcoin.
  • The case comes as authorities in France investigate a separate attempted kidnapping targeting the wife of The Sandbox co-founder Sebastien Borget.

According to the U.S. Department of Justice, Faiq entered his guilty plea on June 9 in federal court in Hartford, Connecticut, admitting to conspiracy to interfere with commerce by robbery. Prosecutors said he is scheduled to be sentenced on Aug. 28 and has remained in custody since his arrest on Nov. 12, 2025.

Court documents cited by the DOJ state that Faiq and his brother, Adam Iza, organized a plan in 2024 to abduct the parents of a crypto millionaire in an attempt to extort digital assets. 

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Investigators said Faiq recruited six men from Florida, arranged their travel to Connecticut, and helped coordinate surveillance of the intended victims before the attack.

Authorities said the scheme unfolded in Danbury, Connecticut, where the group targeted Sushil and Radhika Chetal. Local reports cited by the DOJ said the attackers deliberately rear-ended the couple’s Lamborghini Urus before surrounding the vehicle with a van in broad daylight.

After forcing the occupants out of the SUV, the assailants allegedly assaulted them with a baseball bat and briefly held them captive. Federal prosecutors said the six men involved in the operation were charged separately and later pleaded guilty to kidnapping and carjacking offenses.

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The plot was linked to a major bitcoin theft

The victims were the parents of Veer Chetal, who prosecutors identified as a participant in a large-scale cryptocurrency theft involving roughly 4,100 Bitcoin.

According to previously reported court proceedings, Chetal and two accomplices used social-engineering tactics to steal the funds. Prosecutors said he later displayed the proceeds publicly, including during visits to a Miami nightclub, where he came into contact with one of Faiq’s alleged co-conspirators.

Federal records show Chetal pleaded guilty to charges connected to the bitcoin theft in November 2025 and is awaiting sentencing.

Meanwhile, the DOJ said Adam Iza also pleaded guilty to conspiracy to interfere with commerce by robbery on June 1. Both brothers admitted their roles in organizing the kidnapping operation, according to court filings.

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Crypto-linked kidnapping cases continue to surface

Elsewhere, authorities in France are investigating another crypto-linked kidnapping attempt.

As previously reported by crypto.news, the wife of The Sandbox co-founder and chief operating officer Sebastien Borget was targeted outside the couple’s home in Villenoy in May after a suspect posing as a delivery worker gained access to the property.

The attempt failed when neighbors intervened, prompting the attackers to flee. French police later arrested two suspects and recovered a fake handgun, zip-tie restraints, and balaclavas, while four other suspects remained at large.

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Humanity Protocol Token Crashes 88% Following Private Key Breach

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Humanity (H) Token Price Performance

Humanity Protocol’s H token plunged 88% in 24 hours after a recent exploit. The altcoin dropped to an intraday low near $0.072.

The collapse marked H’s lowest level since mid-December 2025 and wiped out a rally that had carried the token to a record high the previous week.

Humanity (H) Token Price Performance
Humanity (H) Token Price Performance. Source: BeInCrypto Markets

What Triggered the Humanity Protocol Token Crash

On-chain analyst Specter flagged the attack, reporting that more than 17 wallets holding H had been drained. Early losses topped $5 million before reportedly rising to more than $30 million. 

Follow us on X to get the latest news as it happens

Specter also published five theft addresses tied to the drains.

  • 0x456Cb73b35022E4B524e5510807776453d984AeF
  • 0xee4B6B8967Aa947ac3aEf540eE07ea6099C566F7
  • 0xAf2a4989922299EB14A29E332dad1012A8aaD3A0
  • 0x1dfe5cF3ED5a0AC82FDD0bFCdaC7B6C6323f844a
  • 0xD1ea823D421E0c829ee11F772AF487fd352678EA
  • https://x.com/lookonchain/status/2064155121341305075

On-chain data showed the attacker offloading the stolen tokens. The stoken H was being sold and converted into Ethereum (ETH).

Humanity Founder Confirms Key Compromise

Terence Kwok, founder of Humanity Protocol, confirmed the incident publicly. He linked it to compromised private keys held by a member of the Humanity Foundation.

“We’ve detected a security incident involving the compromise of private keys belonging to a member of the Humanity Foundation. As a precaution, please do not interact with the bridge or any liquidity pools until we confirm it’s safe,” Kwok said.

The executive said the project is working with security experts and exchange partners to contain the damage. Meanwhile, he apologized to holders and promised regular updates.

“We’re deeply sorry that this has happened. Protecting this community is our responsibility, and we don’t take that lightly. We will share verified updates as soon as we have them, and we won’t speculate before facts are confirmed,” Humanity Protocol posted.

The breach landed weeks before a scheduled June 25 token unlock. How quickly Humanity secures its systems may shape how soon H stabilizes.

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The post Humanity Protocol Token Crashes 88% Following Private Key Breach appeared first on BeInCrypto.

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ZachXBT slams UK sanctions as HTX users face frozen crypto

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ZachXBT slams UK sanctions as HTX users face frozen crypto

The UK’s sanctions against an HTX-linked entity have triggered compliance restrictions across the crypto industry, prompting blockchain investigator ZachXBT to criticize the measures after users reported frozen funds and blocked transactions.

Summary

  • ZachXBT criticized UK sanctions on an HTX-linked entity, saying compliance rules are freezing funds belonging to ordinary crypto users.
  • Users and platforms reported wallet restrictions after addresses connected to sanctioned Huobi Global S.A. were flagged by compliance systems.
  • HTX denied the sanctions apply to its exchange platform and escalated its dispute with World Liberty Financial by delisting USD1.

According to ZachXBT, recent UK sanctions targeting entities connected to HTX have created unintended consequences for ordinary crypto users whose wallets previously interacted with the exchange.

Writing on X, the on-chain investigator said the sanctions appeared to be “a bit of an overreach” because compliance systems are now flagging wallets with historical exposure to HTX-related addresses.

The controversy follows a sanctions package announced by the UK government earlier this year against Huobi Global S.A., a Panama-registered company affiliated with HTX. British authorities alleged that the entity facilitated more than $1.5 billion in transactions connected to Russian sanctions evasion and included it in a broader crackdown on the so-called A7 shadow finance network.

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As compliance providers responded to the designation, wallets linked to the sanctioned entity became subject to enhanced scrutiny.

Several users reported difficulties moving funds through third-party services, while some platforms introduced restrictions on assets traced back to HTX-related addresses.

FixedFloat, a non-custodial exchange, said it had updated its compliance procedures and would suspend funds originating from Huobi. Some community members noted that affected users were attempting to move assets into newly created wallets in order to regain access to services that had blocked their funds.

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Compliance tools are flagging historical HTX transactions

Address tainting has become a central issue in the debate. The practice involves compliance software flagging not only wallets directly controlled by a sanctioned entity but also addresses that have previously transacted with those wallets.

Commenting on the development, ZachXBT argued that earlier sanctions against crypto services such as Blender and Hydra were directed at platforms where illicit activity represented a large share of overall transactions.

In contrast, he noted that HTX serves a large retail user base across Asia, meaning enforcement actions can affect users who have no connection to the alleged misconduct.

He also claimed that the sanctions category has become less useful for investigative work because exposure alone now generates elevated risk scores.

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ZachXBT further argued that UK authorities miss major illicit activity while focusing on HTX, writing:

“Meanwhile, I have a legit $1.25 billion laundering case by an illicit actor the UK completely failed to detect.”

HTX disputes sanctions links as tensions with WLFI grow

Meanwhile, HTX has continued to reject allegations surrounding the UK action. When the sanctions were announced, the exchange said they applied only to Huobi Global S.A., which it described as a legally separate entity from the HTX trading platform.

Regulatory pressure on the exchange has been building for months. Earlier this year, the UK’s Financial Conduct Authority initiated High Court proceedings against Huobi Global over allegations that crypto services were promoted illegally to UK consumers.

Recent tensions have also emerged between HTX and World Liberty Financial, the crypto venture backed by U.S. President Donald Trump. WLFI recently froze on-chain addresses linked to HTX as part of what it described as sanctions compliance reviews.

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In response, HTX delisted WLFI’s USD1 stablecoin on June 7 and converted user balances into Tether’s USDT at a one-to-one ratio.

The exchange said WLFI had acted unilaterally and without sufficient prior communication, while reiterating that the sanctioned Huobi Global S.A. should not be treated as the same entity as HTX.

The dispute comes as scrutiny around HTX and its links to entrepreneur Justin Sun continues to intensify.

According to previous reports, Huobi-related entities allegedly moved billions of dollars connected to sanctioned networks, while blockchain analytics data has highlighted significant transaction flows involving platforms associated with Sun and the broader Tron ecosystem.

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OpenAI Confidentially Files for US IPO, Signaling AI Maturation

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Crypto Breaking News

OpenAI has quietly filed confidential paperwork for an initial public offering in the United States, signaling the continued appetite among high-profile AI developers to access public markets. The move positions the creator of ChatGPT among the growing cohort of AI-focused firms preparing Wall Street debuts in a year marked by a flurry of tech IPOs.

OpenAI disclosed via a post on X that it filed confidentially with the U.S. Securities and Exchange Commission, and did not specify a timetable for a public launch. “We expect it to leak so we’re just announcing it,” the company wrote, adding that timing remains undecided and could be delayed by private-phase priorities. posted.

The filing comes as rivals press ahead with IPO plans. Anthropic announced on June 1 that it was pursuing an offering, while SpaceX—the rocket company that owns Grok creator xAI—is widely anticipated to debut in the U.S. in the near term. SpaceX’s listing is being watched for its potential market impact.

Over the past year, a wave of notable public offerings has underscored investor interest in AI-enabled platforms and the broader tech ecosystem. Crypto-oriented firms have been part of that surge, with Circle, eToro and Bullish among those pursuing public listings in recent cycles, highlighting how AI-driven productivity and data infrastructure are translating into capital markets activity.

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In a blog post accompanying OpenAI’s announcement, co-founder and CEO Sam Altman and chief scientist Jakub Pachocki described one of the organization’s core aims: to build an AI system capable of researching AI technology to improve itself. The plan emphasizes advancing AI while seeking to benefit a broad base of users and organizations.

“A good AI future cannot be one where a small number of institutions control most of the capability and most of the upside,” Altman and Pachocki wrote. “It should be a future where many people, companies, communities, and countries can build, benefit, and hold power.”

Industry observers note that the OpenAI filing signals a broader push to capitalize on the AI boom. As echoed by industry voices, the AI wave has spurred a debate about how such technology will be governed, funded, and scaled across sectors—from enterprise software to consumer services.

Anthropic’s own stance on AI progression has been cautionary. The firm argued that AI development has advanced to a point where systems could soon build, train and improve themselves with limited human input, urging a slowdown until the risks are adequately understood. The tension between rapid deployment and risk management remains a central theme as more players consider public-market capital to accelerate AI capabilities. Earlier coverage on AI self-improvement highlighted this ongoing debate.

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Related analysis from the crypto and fintech press has framed the AI IPO wave as a broader market motif. Maelstrom, for instance, highlighted Worldcoin as a potentially overlooked beneficiary of the AI IPO cycle, suggesting that new public-market capital could accelerate global adoption of AI-enabled identity and payments services. Maelstrom’s take on Worldcoin.

As the AI economy begins to reshape the job landscape, recent data has underscored the speed of disruption. Productivity gains from AI have allowed firms to reallocate resources and reduce staffing, with nearly 117,000 tech employees reportedly laid off so far this year, according to layoffs.fyi. The layoffs trend has not been limited to traditional tech, with many crypto-focused firms citing AI-driven efficiency as a factor in headcount reductions. In one notable pullback, Block Inc. announced a restructuring that included around 4,000 jobs being cut in February as part of a broader AI-influenced efficiency drive. Layoffs data and Block’s AI-driven restructuring report provide concrete context for the sector’s ongoing staffing shifts.

Key takeaways

  • OpenAI has filed confidential paperwork for an initial public offering in the United States, with timing undecided.
  • Anthropic is pursuing an IPO, while SpaceX/xAI is widely expected to debut in the U.S. in the near term.
  • The AI IPO wave is unfolding alongside broad tech-market IPOs, including notable crypto firms that went public in the past year.
  • Industry voices stress balancing rapid AI advancement with safety and broad accessibility, arguing for a future where power and upside are not concentrated in a few institutions.
  • Tech and crypto employment volatility continues, with significant layoffs tied to efficiency gains and AI deployment, underscoring the sector’s transitional dynamics.

Strategic implications for investors and builders

The confidential OpenAI filing underscores ongoing investor interest in AI-enabled platforms, infrastructure and services. While the exact timeline remains unclear, market participants are watching how the company’s public-market plans might influence valuations, fundraising for AI tooling and data infrastructure, and the broader regulatory conversation around safety, transparency and accountability in increasingly capable AI systems.

For investors, the development signals a potential continuation of an AI-centric fundraising cycle that could tilt capital toward platform-scale AI ventures, enterprise automation, and AI safety research. Builders and startups in the space may also recalibrate product roadmaps and partnerships in anticipation of greater public-market scrutiny and a heightened demand for scalable AI capabilities.

What to watch next

The immediate questions revolve around timing, market reception and regulatory posture. How OpenAI negotiates the private-to-public transition, and how its filing interacts with Anthropic’s IPO process, will shape the near-term narrative for AI equities and related crypto-adjacent ventures. Additionally, observers will gauge whether the broader AI-exposure group—encompassing infrastructure providers, model training ecosystems, and generalized AI software—receives a similar rush of funding on the back of OpenAI’s move.

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As this AI IPO wave unfolds, readers should monitor any official disclosures about timing and scope, as well as the market’s response to OpenAI’s confidential filing. The pace and direction of this cycle will influence not only traditional tech stocks but the broader adoption curve for AI-enabled products and services across the crypto landscape and beyond.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%

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Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%


More than 200 crypto companies and lobbying groups sent a letter Monday urging Senate Majority Leader John Thune (R-S.D.) and Minority Leader Chuck Schumer (D-N.Y.) to schedule a floor vote on the Digital Asset Market Clarity Act “without delay,” according to a letter shared first with Bloomberg… Read the full story at The Defiant

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Nvidia’s CEO declines Senate testimony on China’s AI chip business

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Nvidia's CEO declines Senate testimony on China's AI chip business

Nvidia CEO Jensen Huang has declined a Senate Banking Committee invitation to testify about the company’s China business. Sen. Elizabeth Warren invited Huang to appear at a Thursday hearing on American AI development and technology leadership.

  • Jensen Huang declined Sen. Elizabeth Warren’s invitation to testify before the Senate Banking Committee.
  • Warren asked Huang to address Nvidia’s China business and its views on U.S. AI chip export controls.
  • Huang offered to host lawmakers at Nvidia’s Santa Clara headquarters for private discussions.

Huang said he could not attend, but he offered to host committee members at Nvidia’s headquarters. The exchange comes as lawmakers review export controls on advanced AI chips.

Warren seeks answers on Nvidia China sales

According to Warren’s office, the hearing will focus on AI innovation, affordability, and U.S. technological leadership. Warren asked Huang to discuss Nvidia’s China business and its position on export controls. Those controls restrict sales of advanced American technology to foreign markets. 

Policymakers continue debating how far the U.S. should limit AI chip exports. Nvidia remains central to that debate because its chips power many advanced AI systems. Warren said Huang should answer questions in a public setting. 

“I appreciate Mr. Huang’s response, but the American people deserve answers in a public forum,” she said. Warren said Nvidia sits at the center of questions involving AI, economic competition, and national security. She also criticized Huang’s foreign and political engagements. Her statement cited his attendance at a Mar-a-Lago dinner and meetings in China.

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Huang defends Nvidia’s AI role

In his letter to Warren, Huang said Nvidia appreciated the committee’s focus on American AI leadership. He wrote that Nvidia built and delivered the first AI supercomputer to American researchers over a decade ago. Huang said the company has supported researchers, universities, startups, and businesses since then. He also said Nvidia remains committed to U.S. leadership in AI-related technologies. However, he told Warren he would be “unable to attend” the hearing.

Huang added that American AI leadership requires continued attention. “American leadership in AI technologies cannot be taken for granted,” he wrote. He also said Nvidia believes in the American system and remains confident about the future. Huang then invited Warren and committee members to Nvidia’s Santa Clara headquarters. He said they could discuss Nvidia’s technology and the American AI ecosystem there.

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Export controls remain under scrutiny

Huang has repeatedly urged U.S. officials to let American firms compete in China and other markets. He sits on President Donald Trump’s Council of Advisors on Science and Technology. During Trump’s May trip to Beijing, Huang joined a group of CEOs who accompanied the president. The trip included a meeting with Chinese President Xi Jinping. AI chip export policy remained one of the issues surrounding the visit.

In December, Huang told reporters that U.S. firms should offer competitive chips to China. “We should ensure that American companies have the best and the most and first,” he said. He also said American companies should offer the most competitive chips possible to the Chinese market. Warren criticized those comments at the time. She said Huang’s lobbying could help China’s military and weaken American technology leadership.Nvidia has not announced a new appearance before the Senate Banking Committee.

The Thursday hearing will proceed without Huang’s testimony. Lawmakers are expected to keep reviewing AI export rules and Nvidia’s overseas business. The committee has not announced whether it will issue another invitation. Huang’s letter left open the option of private discussions at Nvidia’s California headquarters.

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OpenAI Confidentially Files for US IPO

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OpenAI Confidentially Files for US IPO

ChatGPT creator OpenAI has confidentially filed for an initial public offering in the US, becoming the third major AI company this year to set up plans for a Wall Street debut.

OpenAI posted to X on Monday that it filed confidential paperwork with the US Securities and Exchange Commission, but had not decided when it would launch to the public.

“We expect it to leak so we’re just announcing it,” the company wrote. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company.”

It comes as rival Anthropic announced on June 1 that it was pursuing an IPO, while SpaceX, Elon Musk’s rocket-building company that owns Grok creator xAI, is expected to debut in the US on Friday.

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The last 12 months have seen a number of blockbuster IPOs amid a tech investment boom. Multiple crypto companies, such as stablecoin issuer Circle and trading platforms eToro and Bullish, raked in billions of dollars after going public last year. 

In a blog post accompanying OpenAI’s announcement, company co-founder and CEO Sam Altman and chief scientist Jakub Pachocki said one of OpenAI’s main goals is to build an AI system that can research AI technology to improve itself.

Source: Sam Altman

Anthropic said on Thursday that AI development has advanced to the point that AI could soon build, train and improve itself without human input, and said development should slow until the risks are known.

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Altman and Pachocki said the economy “is beginning to reshape around AI,” and questioned how to make “advanced AI abundant, affordable, safe, useful, and easy enough for every person and organization to benefit from it.”

Related: Worldcoin is overlooked bet on AI IPO wave: Maelstrom

“A good AI future cannot be one where a small number of institutions control most of the capability and most of the upside,” they wrote. “It should be a future where many people, companies, communities, and countries can build, benefit, and hold power.”

Companies have cited that productivity gains from AI have allowed them to cut down on staffing, and nearly 117,000 tech employees have been laid off so far this year, according to layoffs.fyi.

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Crypto companies have cut more than 5,000 jobs so far this year, with many also citing increased efficiencies from AI as a reason for the layoffs. Block Inc. undertook the biggest round of layoffs by a crypto company so far in 2026, cutting 4,000 staff in February in an AI-driven cutback.

AI Eye: How AI just dramatically sped up the quantum risk for Bitcoin

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BlockDAG’s $0.01 buyback deal, Zcash, and Toncoin: Tracking the next crypto to explode with elite whale capital

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BlockDAG's $0.01 buyback deal, Zcash, and Toncoin: Tracking the next crypto to explode with elite whale capital

Market momentum in early June 2026 highlights clear differences in token performance and strategic accumulation. The necessity for transparent, predictable returns has overshadowed the desire for extreme, high-risk speculation. Consequently, evaluating the next crypto to explode means looking for networks that integrate reliable settlement mechanisms.

Zcash is currently experiencing notable price appreciation, moving steadily upward as privacy assets regain attention. Toncoin continues to expand its utility through messaging app integrations, though it battles high volatility. While these established assets look for near-term technical triggers, BlockDAG is commanding major attention through its transparent ledger verification, attracting massive whale accumulation in real time.

Zcash: Maintaining Upward Momentum

Zcash continues to act as a highly resilient digital asset in June 2026. Trading around the $623.99 mark, the privacy-focused coin has shown remarkable strength, posting an average growth rate of 67.17 percent. Over the past 12 months, the Zcash price has changed by over 1,100 percent, reflecting its overall positive trend and historical momentum. The coin has fluctuated within a tight daily range, demonstrating solid structural support above the $600 level.

Transaction volumes remain consistent, driven by its utility as a confidential payment method. While it lacks the smart contract flexibility of newer networks, Zcash offers undeniable longevity and network security. Traders are closely watching the recent highs to see if the asset can maintain its impressive year-to-date trajectory during uncertain macro conditions.

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Toncoin: Expanding Social Media Utility

Toncoin has experienced a highly active trading period, driven by its deep integration with the Telegram messaging application. The network recently saw massive surges in utility as social media users actively utilize the token for peer-to-peer transfers and in-app purchases. This structural integration drastically reduces friction for everyday users and activates new core upgrades.

Furthermore, the introduction of ad revenue sharing directly in Toncoin has empowered channel owners globally. Despite facing high volatility and heavy whale movements, the supply of stablecoins on the Toncoin network continues to grow, proving its utility as a global payment rail. Toncoin remains a highly watched asset for users seeking scalable social media integrations, though it requires consistent network volume to maintain its current price levels against broader market gravity.

BlockDAG: The Smart Money Inflow Picks Up

On-chain transparency acts as a magnet for massive capital. Because BlockDAG launched live Proof of Funds wallets for its Buyback Program, independent blockchain analysts have verified the liquidity reserves. This public verification has triggered a notable rotation of larger whale wallets out of speculative assets and directly into the secure $0.00000088 Legacy Sale structure, which guarantees a fixed $0.01 buyback floor.

Public ledger analysts are actively tracking BlockDAG’s live wallets, triggering substantial whale accumulation. This is exactly how you identify the next crypto to explode: follow the verified institutional money. When whale wallets start moving chunks of liquidity into a verified pool, the available retail distribution shrinks at an exponential rate. Smart money does not deploy capital without auditing the reserves. The fact that blockchain sleuths have confirmed the backing for the $0.01 buyback means the project has passed the most rigorous decentralized scrutiny possible.

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Follow the blockchain data and claim your allocation at $0.00000088 alongside the whale wallets tracking the live funds. The transparency of the live wallets eliminates the standard trust issues associated with digital asset presales. By proving the funds exist before the payout date, BlockDAG forces the market to treat its contract as a guaranteed financial instrument. You are not betting on a roadmap; you are participating in a mathematically backed wealth transfer. Claiming your position right now ensures you capture the exact same verified yield as the largest capital allocators in the space.

The Last Take

Strategic capital placement in June 2026 demands a clear understanding of market phases and verifiable liquidity. Zcash offers a steady technical setup, boasting impressive yearly gains and strong privacy fundamentals. Toncoin leverages its massive social media base to create a unique peer-to-peer payment ecosystem. However, BlockDAG offers the most secure and transparent opportunity on the board. The on-chain verification of its Proof of Funds wallets is actively drawing major whale capital into the Legacy Sale. Choosing BlockDAG now guarantees a protected entry backed by verifiable liquidity, positioning it far ahead of the standard open market dynamics of Zcash and Toncoin.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

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Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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