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Former White House AI Adviser Calls Safety Fears ‘Hollywood Storytelling’
- David Sacks posted that AI safety concerns can be 'pseudoscience and Hollywood storytelling' on June 8.
- Donald Trump signed an order asking AI companies to submit models for safety review on June 2.
- Sacks shaped Trump's AI and crypto agenda and remains a White House AI policy advisor.
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Tokenized Stocks and Bonds Move Toward Crypto’s Strongest Institutional Product
- Tokenized securities add value through global distribution, programmable ownership, collateral mobility, and more efficient settlement, while extended trading hours remain only one part of the appeal.
- Crypto exchanges and fintech apps may lead early adoption because they can reach global users quickly, while banks and traditional brokerages can bring the largest investor pools over time.
- Investor protection depends on precise rights, including redemption, dividends, coupons, voting access, corporate actions, and legal claims on the underlying asset.
AI Job Displacement Concerns Push US Senators to Demand Action
- Senators Warren and Sanders press Congress to act on AI job loss concerns.
- AI drove 38,579 US job cuts in May, Challenger data shows.
- Banks are cutting junior analyst classes by up to two-thirds as AI spreads.
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Why Is The Crypto Market Up Today?
- A $522 million short-liquidation squeeze and US-Iran deal hopes drove the crypto market rebound
- TOTAL must reclaim $2.19 trillion to extend the bounce, with $2.02 trillion the line to hold
- Bitcoin needs a daily close above $64,283 to confirm strength after bottoming near $59,000
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Compare the best unified crypto data APIs in 2026. Wallet, portfolio, DeFi, market data, and AI-ready endpoints reviewed for developers and product teams.
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Colombia President Gustavo Petro’s Polarized Remark Turns Gemini AI Op-Ed Into Election Firestorm
- Petro's "Heil Hitler" reply to an AI-written op-ed tops 2.6 million views.
- El Espectador columnist Felipe Zuleta Lleras co-wrote the piece with Google's Gemini.
- The clash lands two weeks before Colombia's June 21 presidential runoff.
MicroStrategy and BitMine Could Trigger the Largest Bitcoin Crash Ever: DWF Labs Co-founder Warns
- DWF Labs co-founder Andrei Grachev warned MicroStrategy and BitMine could trigger the largest crypto market crash ever recorded in the entire industry.
- Grachev hopes the scenario doesn't happen but suggested investors prepare for Bitcoin potentially falling toward the $10,000-$20,000 range.
- The warning lands amid recent price drops, sharp liquidations, and broader market fragility across Bitcoin and Ethereum.
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Should Investors Still Watch Crypto Amid AI IPOs, War Tensions, and $4 Billion ETF Exit?
- Bitwise CIO Matt Hougan says crypto has shifted from a momentum trade to a contrarian bet as AI stocks dominate investor attention
- Bitcoin is down 21% year to date as $4.21 billion exits crypto funds over three weeks amid US-Iran tensions
- Hyperliquid, BNB, Zcash and Stellar all gained in May while Bitcoin, Ethereum and Solana fell — signalling a rotation toward fundamentals
Pump.fun Bounty Backfires After Man Inks Misspelled Meme Coin on Forehead
- An Indian man tattooed a meme coin ticker on his forehead for 40 SOL.
- A spelling dispute between boutywork and bountywork stalled the payout.
- Traders launched a BOUTYWORK token that routed roughly $15,000 in fees to him.
