Author: WebDesk

Humanity Protocol has suffered a major security breach, with losses now exceeding $30 million according to on-chain analytics platform Lookonchain, as the project’s H token collapsed approximately 90% following the incident.Onchain analyst Specter flagged the breach, reporting that more than 17 wallets holding H tokens had been drained, with initial loss estimates exceeding $19 million before the figure was revised higher. Funds were traced to multiple suspected attacker addresses. The root cause of the breach has not been officially confirmed.Humanity Protocol acknowledged the incident on its official account, confirming that private keys belonging to a member of the Humanity Foundation…

A cryptocurrency analyst has highlighted how the $0.90 XRP level aligns with the support level of a long-term pattern in the asset’s monthly price. XRP Has Potentially Been Following A Long-Term Ascending Triangle In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) channel forming in the 1-month price of XRP. The pattern in question involves two trendlines: a flat upper level and an upward-facing lower level. A channel involving converging trendlines like this is popularly known as a triangle. In the case of this particular triangle, the setup resembles that of a specific type:…

U.S. spot Bitcoin ETFs have crossed $100 billion in total assets, absorbed nearly 7% of Bitcoin’s capped 21 million supply, and attracted $58.72 billion in cumulative net inflows since launching in January 2024. But 2026 has not been the straightforward continuation of the ETF boom that many expected.After a severe $6.38 billion outflow streak between November 2025 and February 2026, the market staged a recovery through March and April, only to be hit by the heaviest outflow week of 2026 in late May. By May 24, year-to-date net inflows had shrunk to just $536 million, bringing the entire market close…

Key TakeawaysOpenAI filed a confidential S-1 with the SEC on June 8, 2026, at an $852 billion post-money valuation with no confirmed IPO date.The filing follows Anthropic’s June 1 confidential S-1 and a May 2026 jury win clearing OpenAI’s Public Benefit Corporation restructuring.Goldman Sachs and Morgan Stanley are lined up as underwriters, with a September 2026 debut reported but not confirmed by OpenAI. OpenAI Confirms the Filing The company acknowledged the submission in a statement that circulated widely across social media. “We recently submitted a confidential S-1,” OpenAI said. “We expect it to leak, so we’re just announcing it.” The…

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler for its Delta Forge 2 campus. The company said the agreement could generate about $5.2 billion in revenue during the base term. Summary Applied Digital signed a 15-year lease with a U.S.-based hyperscaler for its Delta Forge 2 campus. The agreement could generate about $5.2 billion during the base term and $12.7 billion with renewals. Applied Digital said its contracted portfolio now spans five campuses with 1.4 gigawatts of critical IT load. Applied Digital shares rose 8.7% in extended trading after the announcement. The deal adds 210 megawatts of…

Caroline Bishop Jun 08, 2026 21:44 AI-driven legal drafting tools, such as Harvey, are reshaping law firm workflows by accelerating document creation while maintaining professional accountability. AI-powered legal drafting tools are rapidly changing how law firms approach one of the most time-consuming aspects of legal work: document creation. Platforms like Harvey are helping legal professionals generate first drafts of contracts, briefs, and correspondence in a fraction of the time, while maintaining the lawyer’s ultimate responsibility for review and approval. According to the 2025 Legal Industry Report, 54% of surveyed legal professionals now use…

Bitcoin fell below $60,000 for the first time since October 2024 on Monday, sinking as low as $59,099 — a move that marks a decline of more than 50% from its all-time high near $126,000.  But according to John D’Agostino, Coinbase’s head of institutional strategy, the drop is being welcomed — not feared — by the most sophisticated players in the market. Appearing on CNBC’s Squawk Box Monday morning, D’Agostino said the institutional investors he speaks with regularly are viewing the pullback as an opportunity to accumulate at a discount, not a reason to panic. “I just got off a…

Zach Anderson Jun 08, 2026 20:37 ElevenLabs partners with the UK Government to enhance public service accessibility using voice AI, doubling its London operations in 2026. ElevenLabs, the voice AI startup recently valued at $11 billion, has signed a Memorandum of Understanding (MOU) with the UK Government’s Department for Science, Innovation and Technology (DSIT) to integrate voice AI technology into public services. The collaboration aims to improve accessibility for underserved populations while expanding ElevenLabs’ footprint in the UK. The agreement focuses on three key areas: enhancing public service accessibility, advancing AI security research,…

Bitcoin is bouncing. After touching lows near $60,000 last week, the price has recovered to trade around $63,800 and the immediate question facing every trader is whether this move higher is the beginning of something meaningful or simply the market catching its breath before another leg down.Based on the technical structure developing across multiple timeframes, the evidence points firmly toward the latter.Where Bitcoin Actually StandsThe broader trend that began in October remains bearish and nothing in the current price action has changed that assessment. What analysts tracking Elliott Wave structure are identifying is a textbook wave two bounce developing within…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the new Bitcoin whales realized a massive amount of loss during the past week as BTC has gone through its drawdown. New Bitcoin Whales Have Harvested Massive Losses Recently As pointed out by CryptoQuant analyst Maartunn in a new post on X, New Whales on the Bitcoin blockchain have been participating in loss-taking recently. “Whales” are broadly defined as investors holding more than 1,000 BTC in their wallets, excluding entities such as miners and exchanges. Whales can be divided into two cohorts on the…