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SK Hynix US Listing Oversubscribed 7x Despite KOSPI Bear Market Dip
- SK Hynix's $28 billion US share sale was oversubscribed more than seven times.
- Demand held even as Korea's KOSPI briefly fell into bear market territory this week.
- SK Hynix ADRs begin trading July 10 on Nasdaq after pricing Thursday.
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Crypto Forensics Got Smarter, But AI Scammers Got There First
- Blockchain forensics tools have recovered an estimated $34 billion and are used by 45+ regulators as detection has genuinely improved.
- Yet 2025 crypto scam losses hit roughly $17 billion, with AI-powered scams 4.5x more profitable and impersonation fraud up 1,400%.
- The scams that do the most damage never touch the chain and that's the gap no forensic tool can close.
Bitcoin Miners Bet Big on AI Infrastructure and Win. TeraWulf, IREN, Hut 8 Surge
- TeraWulf jumped 12.8% after signing a $19 billion, 20-year lease with Anthropic.
- IREN rose 8.01% after an analyst upgrade cited its AI infrastructure buildout.
- Hut 8 gained 9.69% in a day after joining several Russell growth indexes.
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Palantir Shares Slide on Fears Democrats Could Target Government Contracts
- Palantir stock fell 1.6% Wednesday, ending a seven-day, 25% rally.
- A Financial Times report flagged possible Democratic targeting of its contracts.
- Palantir told Barron's it works with lawmakers from both parties.
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Binance Blames DOJ Warning on Misread of Abu Dhabi Rules
- Binance tells BeInCrypto the DOJ memo's claim of reduced US cooperation is untrue.
- A spokesperson says the DOJ likely misread Binance's Abu Dhabi ADGM license rules.
- Binance says it is in direct contact with the DOJ to correct the record.
Judge Approves $1.5 Million Penalty for Elon Musk in Twitter SEC Case
- Judge approves Elon Musk's $1.5 million SEC settlement over delayed Twitter disclosures.
- SEC said the late filing saved Musk at least $150 million on share purchases.
- Musk's trust pays without admitting wrongdoing, and personal claims are dismissed.
Latest from Our Partners
How Public Listings Change Crypto Companies
- Public listings push crypto firms into earnings discipline, governance review, risk disclosure, custody transparency, and compliance scrutiny from equity investors.
- Experts named exchanges and stablecoin issuers as the strongest crypto business models for public markets due to revenue depth, growth potential, and institutional demand.
- Listed shares can give pension funds, asset managers, and banks a familiar route into crypto exposure, while issuer tokens follow separate economics.
DOJ Reportedly Warns Binance May Slow Cooperation in Crypto Crime Investigations
- DOJ reportedly warned prosecutors of reduced Binance cooperation in crypto investigations starting June 8.
- Binance allegedly plans ending courtesy freezes and requiring MLATs for account freezes and seizures.
- Exchange denied changing U.S. law enforcement cooperation policies despite the reported DOJ memo.
