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DeepSeek Surpasses OpenAI, Anthropic in US Business Spending Index

American companies have a new favorite AI vendor, and it’s not OpenAI or Anthropic. DeepSeek, the Chinese AI startup that rattled Silicon Valley earlier last year, just claimed the top spot on Ramp’s trending software vendors list for June 2026. It’s the first time DeepSeek has reached number one on...

USDC circulation drops by $600M in 7 days as redemptions outpace issuance

PANews, June 7: According to official data, over the seven days ending June 4, Circle issued approximately $7.7 billion in USDC and redeemed approximately $8.3 billion in USDC, resulting in a net reduction of about $600 million in circulation. The total circulating supply of USDC is $75.5 billion, w...

Whale 'Set 10 Big Goals' holds a 2,835.32 BTC long position with a $5.88M floating profit.

Huo Xing Finance reports, according to on-chain analyst @ai_9684xtpa, the long position of the trader "Set 10 Big Goals First" has generated an unrealized profit of $5.881 million; Yesterday, the trader shared a screenshot showing an open long position of 2,835.32 BTC, valued at $170 million, with ...

Trader's 2,835.32 BTC long position gained $588.1K as Bitcoin surpasses $62,000

Odaily Planet Daily reports that on-chain analyst Aunt Ai posted on X that the long positions of the trader "Set 10 Big Goals" have already generated a paper profit of $5.881 million; yesterday, she shared a screenshot showing she had opened 2,835.32 BTC long positions worth $170 million at an entry...

SpaceX to List on June 12 with $1.8 Trillion Valuation Target

BlockBeats news: On June 7, Shay Boloor, Chief Market Strategist at Futurum Equities, stated in his latest analysis that next week’s SpaceX IPO will be “one of the most significant public market events in a trader’s lifetime.” SpaceX is not merely a rocket company but should be defined as a super-in...

Private Credit Issuance Drops 40% to $45B in Q2 2026 Amid Record Defaults

The private credit market just had its worst quarter in years. New loan issuance plummeted roughly 40% to $44.76B for the three months ending May 2026, down from $74.56B in Q1. The numbers paint a grim pictureThe $44.76B in new issuance during the three months through May represents a dramatic contr...

Microsoft Discloses Claude Code Vulnerability That Could Steal GitHub Credentials

CoinDesk reports:Microsoft researchers disclosed that Anthropic's Claude Code GitHub Action previously had a vulnerability that has since been patched. Attackers could embed malicious instructions in GitHub issues, pull requests, or comments to trick the AI coding agent into retrieving sensitive inf...

OpenAI Launches Lockdown Mode to Enhance ChatGPT Data Security

CoinMarketCap reports:OpenAI has announced a new feature for ChatGPT called Lockdown Mode, designed to combat prompt injection attacks. This feature is targeted at users and organizations handling sensitive data, with the goal of reducing the risk of data leakage.Disable part of the online connectiv...

DeFi Yield Protocol PiggyBank Suffers Major Loss from LAB Investment

ME News reports that on June 7 (UTC+8), the DeFi yield protocol PiggyBank tweeted that approximately one month ago, it invested $100,000 in LAB via an over-the-counter trade at a low price, accounting for 2% of its portfolio at the time. After investing in LAB, the protocol established a short posit...

OpenAI chip veteran Clive Chan joins Anthropic

Zhixidongxi reported on June 7 that today, Clive Chan, OpenAI’s self-developed chip “Employee #002,” announced on X that he has left OpenAI and officially joined Anthropic this week.In his resignation statement, Clive Chan reflected on his more than two years at OpenAI. He noted that he was the seco...

South Korea’s Top 5 Exchanges Pay $5.1M in Compensation for 57 Hacks and System Incidents (2020–2026)

Between 2020 and April 2026, South Korea’s five major cryptocurrency exchanges experienced 57 hacking and system incidents, resulting in cumulative payouts of approximately 7 billion KRW (about $5.1 million). Among these, Bithumb paid approximately 2.5 billion KRW due to a Bitcoin misissuance event ...

James Wynn closes his BTC and SOL short positions, profiting $6,400, then opens long positions.

PANews, June 7: According to Lookonchain monitoring, James Wynn shifted from short to long positions. He closed his short positions in BTC and SOL, realizing a profit of $6,400, and then opened long positions with maximum leverage of 6.05 BTC ($373,000) and 5.3 ETH ($8,500).

a16z Announces Global Strategic Shift to Support U.S. and Allied Tech Leadership

Editor’s Note: Ben Horowitz’s announcement signals a significant shift in a16z’s global strategy: it is no longer merely seeking overseas projects or expanding international investments, but is positioning itself within a broader framework of technological competition and alliance-building.In the pa...

NVIDIA NVL576 optical engine configurations may increase by 78%

ME News reports that on June 7 (UTC+8), Citrini analyst Jukan posted on X that FundaAI’s latest report reveals NVIDIA’s NVL576 passive optical co-packaging technology has nearly doubled the density of optical engines and optical components. This passive optical co-packaging technology increases the ...

Stratos Data Center Project in Utah Cut in Half Amid Protests

A data center project originally designed to span nearly three times the size of Manhattan is getting cut in half before a single shovel hits the ground. The Stratos hyperscale campus in Box Elder County, Utah, backed by Kevin O’Leary’s venture firm, has become a lightning rod for community oppositi...

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