Agility Robotics plans to go public via SPAC in a $2.5B deal
Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, expects to generate $620 million in proceeds. Source: AI News & Artificial Intelligence
Bitcoin crash to $60K opens new $530M demand zone: Will bulls buy in?
A $525 million Bitcoin buy wall intersects with a major liquidation zone, creating a key battleground between $60,500 and $65,000. Source: Cointelegraph
Figma adds code layers, support for animations, more AI features in new update
Figma’s update adds a new code layer, support for motion and shaders, and the ability to create custom plug-ins for various tasks using AI. Source: AI News & Artificial Intelligence
South Korean Officials Meet With US SEC, Weigh Unified Crypto Rules Amid Local Scandals
Following a series of setbacks for South Korea, a delegation from one of Asia’s most active crypto markets met with the SEC’s task force. Source: Decrypt
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering. Source: CoinDesk
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
In this week’s Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk’s liquidation feed, Liquibit Capital’s Alen Pavlović finds that June’s…
Credit unions managing $25B in assets join stablecoin infrastructure program
A new pilot from Stablecore, Circuit and Curql gives participating US credit unions access to test stablecoin payments and other digital asset services. Source: Cointelegraph
Binance withdraws Greece-filed MiCA application
Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc. Source: Cointelegraph
SecondFi loses $2.4 million in Cardano wallet exploit
SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it. Source: CoinDesk
Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act
As Congress prepared to celebrate the president’s signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event. Source: CoinDesk