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FBI Misused Surveillance Database 278,000 Times, Court Documents Reveal
A newly declassified judicial opinion has confirmed that the FBI improperly queried a powerful foreign intelligence database over 278,000 times between 2020 and 2021, targeting everything from George Floyd protesters to congressional donors and Capitol riot suspects, sparking an urgent legislative crisis over the future of Section 702.
Trump Ties FISA Renewal to Voter ID Bill, Cancels Clayton Hearing
President Donald Trump stalled the renewal of federal warrantless surveillance powers Wednesday, conditioning his support for the Foreign Intelligence Surveillance Act (FISA) on the passage of the SAVE America Act—Republican-led legislation mandating nationwide voter identification and proof-of-citizenship requirements that critics argue would disenfranchise millions of eligible voters.
Pentagon Confirms Use of Musk’s Grok AI in Iran Bombing Campaign
A sworn court filing by the Pentagon’s chief digital and AI officer, Cameron Stanley, has confirmed that the U.S. military utilized a specialized version of Elon Musk’s Grok AI to facilitate the deployment of over 2,000 munitions against targets in Iran during the recent Operation Epic Fury.
House Democrats Demand Answers on AI Role in Deadly Iranian School Strike
More than 120 House Democrats are demanding that Defense Secretary Pete Hegseth disclose whether artificial intelligence played a role in the recent bombing of a girls' school in Minab, Iran. The strike, which killed at least 175 people, has triggered urgent questions regarding military targeting protocols and human oversight.
US Investigators Link American Forces to Deadly Iranian School Strike
Military investigators now believe American forces likely carried out the bombing of a girls' school in Minab, Iran, which killed over 160 people, primarily children. The strike occurred during an initial aerial campaign coordinated by the Trump administration and the Israeli military, sparking urgent calls for international war crimes investigations.
Kalshi Integrates StarCompliance to Curb Insider Trading
Financial institutions can now monitor employee activity on the prediction market platform Kalshi in real time. By linking accounts to StarCompliance software, firms gain the ability to oversee event-based contract trading with the same regulatory rigor currently applied to stocks and derivatives, addressing mounting concerns over the misuse of nonpublic information.
Singapore MAS adds Bybit to investor alert list
The Monetary Authority of Singapore has officially added Bybit to its Investor Alert List, flagging the global crypto exchange as an entity lacking the necessary authorization to provide regulated services within the city-state. The move signals a tightening of oversight for platforms operating without local licensing.
Cardano Advances van Rossem Upgrade to Mainnet Governance
With 4.44 billion ADA in backing, the Cardano network has officially entered the governance phase for the van Rossem hard fork. Submitted on June 16 during Epoch 637, the proposal seeks to implement Protocol Version 11, marking a significant milestone in the blockchain's ongoing transition toward the Dijkstra era.
Andrew Tate hit by further liquidation on $3.76M Bitcoin position
Andrew Tate has faced another round of partial liquidations after opening a high-leverage Bitcoin long position on the Hyperliquid exchange. Blockchain tracking data confirms the influencer placed a 40x bet worth approximately $3.76 million, leaving the trade with a razor-thin margin as market volatility persists.
Gram Reborn: Decoding the Toncoin Transformation
After a six-year exile imposed by federal regulators, the name Gram has returned to the blockchain. On June 15, 2026, the community voted 81.22% to rebrand Toncoin, reclaiming the original title from Telegram’s 2018 whitepaper. The move signals a strategic shift, with Telegram now moving to center stage as the network’s primary steward.
UK councils deploy Google Cloud AI to accelerate housing development
To meet a target of 1.5 million new homes by 2029, the UK government is rolling out generative AI across local planning authorities. By automating the analysis of routine paperwork, the Ministry of Housing aims to slash decision timelines by 50 percent, allowing planners to focus on major infrastructure projects.
Bitget EU Seeks Austrian Regulatory Approval Under MiCAR
Bitget EU has formally submitted an application to Austria’s Financial Market Authority, seeking status as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets Regulation. The move marks a pivot in the exchange's regional strategy as it prepares for stricter compliance deadlines across the European Economic Area.
Australia’s High Court Rules Crypto Yield Products Require Licensing
A unanimous 7-0 ruling by Australia’s High Court has confirmed that crypto yield products fall under existing financial services regulation. The decision overturns a previous appellate victory for Block Earner, solidifying the regulator's stance that digital asset platforms cannot bypass licensing requirements by labeling themselves as novel technology.
David Schwartz migrates XRPL hub to version 3.2.0
David Schwartz, one of the original architects of the XRP Ledger, has transitioned his independent hub to the 3.2.0 software release. The upgrade, which requires operators to navigate a significant rebranding of the core binary, marks a shift toward a more distinct network identity for the ecosystem.
Humanity Protocol Initiates Token Swap Following Major Security Breach
Major crypto exchanges including Binance Alpha, MEXC, and Bybit have begun processing a 1:1 token swap for Humanity Protocol’s H token. This rollout follows a June 8 security exploit that saw $36 million in assets stolen, forcing the project to sunset its original tokens and transition to a new ERC-20 contract.
Trump Administration Shifts Civil Rights and Special Ed Oversight
The Trump administration moved to strip the Education Department of its core functions Tuesday, announcing that oversight of disability services and civil rights enforcement will be transferred to the Departments of Health and Human Services and Justice, prompting immediate backlash from lawmakers and disability advocates who labeled the plan unlawful.
OKX Europe Taps Into MiCA Shakeout With Deposit Incentives
With the European Union’s July 1 MiCA deadline looming, OKX Europe is offering deposit bonuses of up to 8% to capture users fleeing exchanges unable to secure regulatory authorization. The firm estimates that over 80% of current providers may be forced to exit the market as compliance requirements tighten across the bloc.
Trump Moves to Dismantle Education Department via Executive Action
President Donald Trump has signed an executive order to begin breaking up the US Department of Education, bypassing Congress by delegating its functions to other federal agencies. The administration confirmed the move alongside the layoff of over 1,300 staff members, triggering an immediate outcry from labor unions and Democratic lawmakers.
Elizabeth Warren Demands Resignation of Education Secretary Linda McMahon
Senator Elizabeth Warren has called for the immediate resignation of Education Secretary Linda McMahon, citing a systematic effort to dismantle the Department of Education from within. Warren contends that transferring core functions to agencies lacking educational expertise poses an existential threat to public school funding and student resources nationwide.
PBOC Flags Stablecoins as Potential Disruptors in Cross-Border Finance
As geopolitical tensions rattle traditional payment channels, the People’s Bank of China is signaling a shift in its stance on stablecoins. Wang Xin, director-general of the bank’s Research Bureau, warned at the Lujiazui Forum that these assets may soon command a significant role in international settlements, necessitating urgent global regulatory alignment.
Senator Markey Introduces Bill to Halve Pentagon Spending
Democratic Senator Ed Markey of Massachusetts unveiled the Slash the Pentagon Act on Monday, proposing a dramatic 50% cut to the $1.5 trillion military budget requested by the Trump administration. Markey argues these funds should instead support domestic priorities like healthcare, education, and the cancellation of medical debt.
IQ-EQ Appoints Michael Slater to Lead Middle East Expansion
Michael Slater has been named managing director for the Middle East at global investor services group IQ-EQ. Based in the Dubai International Financial Centre, Slater takes the helm as the firm seeks to capitalize on surging institutional capital and increasing demand for specialized investment solutions across the region.
BitGo Singapore and dtcpay Partner to Scale Global Crypto Payments
Institutional-grade security meets retail payment utility as BitGo Singapore and dtcpay unite to build a regulated digital asset infrastructure. By integrating BitGo’s custody tools into its existing network, the Singapore-headquartered payment firm aims to accelerate its global expansion while meeting strict compliance standards for stablecoin settlements.
Tether Cashes Out $12.7 Million in Bitdeer Stock
Tether has offloaded 627,000 shares of Bitdeer, securing a $12.7 million payout while maintaining its status as a cornerstone investor. Executed at roughly $20 per share on June 3 and 4, the sale allows the stablecoin issuer to lock in significant gains from its initial accumulation phase earlier this year.
Barry Moore Secures Alabama Senate Nomination With Crypto PAC Backing
Backed by over $12 million in advertising from industry-aligned super PACs, Republican Barry Moore clinched the Alabama Senate nomination on Tuesday. The victory signals a significant win for crypto-focused political groups aiming to shape the legislative landscape ahead of critical votes on digital asset market structure.
JustLend DAO Overhauls Lending Architecture with SBM V2
Isolated collateral pools and a dynamic interest rate model define JustLend DAO’s Supply and Borrow Market V2, which went live on June 17. The upgrade moves the protocol to a dual-layer system of Vaults and Markets, shifting away from the previous architecture to isolate risks and optimize capital efficiency.
BitGo Launches Compliance Platform as EU Crypto Deadline Looms
With the European Union’s Markets in Crypto-Assets (MiCA) deadline arriving July 1, approximately 75% of pre-existing crypto firms face potential forced closures. BitGo is intervening, launching a regulated infrastructure service that allows companies to maintain operations by utilizing the firm's established licensing while they pursue their own authorizations.
Michael Slater Tapped to Lead IQ-EQ Middle East Expansion
With three decades of experience navigating the financial landscapes of Saudi Arabia and the United Arab Emirates, Michael Slater has been appointed managing director for the Middle East at global investor services group IQ-EQ. Operating from the Dubai International Financial Centre, he will spearhead the firm’s regional growth and institutional partnerships.
Congress links housing bill to Federal Reserve digital dollar ban
Congressional leaders have attached a temporary prohibition on a Federal Reserve-issued central bank digital currency (CBDC) to a major housing affordability package. The 21st Century ROAD to Housing Act, which aims to curb institutional home buying and reduce supply constraints, would block the Fed from creating a digital dollar until 2030.
World Liberty Financial Nears Federal Bank Charter Approval
Former Office of the Comptroller of the Currency officials expect federal regulators to approve the national trust bank charter for World Liberty Financial. The decision, overseen by Comptroller Jonathan Gould, would grant the Trump-linked firm federal authority to issue its USD1 stablecoin and manage digital assets directly.