26.06.2026
18:19
Managing partner of venture capital firm Dragonfly, Haseeb Qureshi, made a significant statement that overturns the conventional understanding of evaluating the AI model market. In his opinion, token share is an extremely unreliable and distorting metric. Models should be compared solely based on the dollars spent on their usage. Analysis based on raw token consumption on the OpenRouter platform leads to systematic errors and incorrect conclusions...
AI Market Analysis: The Dollar, Not the Token, is the Key Indicator of Model Strength
Managing partner of venture capital firm Dragonfly, Haseeb Qureshi, made a significant statement that overturns the conventional understanding of evaluating the AI model market. In his opinion, token share is an extremely unreliable and distorting metric. Models should be compared solely based on the dollars spent on their usage. Analysis based on raw token consumption on the OpenRouter platform leads to systematic errors and incorrect conclusions...
18:18
Changpeng Zhao proposes permanently freezing Satoshi's bitcoins: protection against quantum threat
Binance founder Changpeng Zhao (CZ) has made a radical proposal that could forever change the fate of bitcoins belonging to the legendary network creator Satoshi Nakamoto. CZ suggests giving holders of inactive coins 12 months to move them to secure wallets. If this does not happen, according to his plan, these funds should be frozen forever — up to being locked in a new protocol.
The proposal concerns coins stored in early Bitcoin wallets, which Zhao believes are most vulnerable to the impending quantum threat...
The proposal concerns coins stored in early Bitcoin wallets, which Zhao believes are most vulnerable to the impending quantum threat...
18:16
OpenAI has officially announced the GPT-5.6 model family, calling it a new generation of advanced artificial intelligence. However, contrary to the expectations of the general public, access to the new product at launch was granted only to a select few — strictly chosen partners approved by U.S. government agencies. Business users and developers will have to wait a few more weeks for a wider rollout...
OpenAI has unveiled GPT-5.6: an AI revolution available only to a select few.
OpenAI has officially announced the GPT-5.6 model family, calling it a new generation of advanced artificial intelligence. However, contrary to the expectations of the general public, access to the new product at launch was granted only to a select few — strictly chosen partners approved by U.S. government agencies. Business users and developers will have to wait a few more weeks for a wider rollout...
18:15
The crypto world has long promised financial freedom, but until now, most DeFi products have required collateral. The new service SurfCash is changing the game by offering loans based on a user's on-chain history, rather than bank statements or credit scores. This is a real breakthrough for those who live on the blockchain but remain invisible to traditional banks.
The problem SurfCash solves is obvious: millions of people around the world earn and spend in cryptocurrency, yet their financial activity is not reflected in banking systems...
A crypto wallet as a credit history: a new perspective on finance without banks
The crypto world has long promised financial freedom, but until now, most DeFi products have required collateral. The new service SurfCash is changing the game by offering loans based on a user's on-chain history, rather than bank statements or credit scores. This is a real breakthrough for those who live on the blockchain but remain invisible to traditional banks.The problem SurfCash solves is obvious: millions of people around the world earn and spend in cryptocurrency, yet their financial activity is not reflected in banking systems...
18:14
Dutch company Qblox, specializing in developing control systems for quantum processors, has officially announced a strategic partnership with Hewlett Packard Enterprise (HPE). Under this agreement, the parties intend to integrate Qblox hardware with HPE's high-performance computing (HPC) and AI infrastructures.
The key goal of the collaboration is to create testbeds for algorithm development, ensuring software compatibility, and conducting system benchmarking of hybrid classical-quantum systems...
Qblox and HPE join forces to create hybrid quantum-classical systems
Dutch company Qblox, specializing in developing control systems for quantum processors, has officially announced a strategic partnership with Hewlett Packard Enterprise (HPE). Under this agreement, the parties intend to integrate Qblox hardware with HPE's high-performance computing (HPC) and AI infrastructures.The key goal of the collaboration is to create testbeds for algorithm development, ensuring software compatibility, and conducting system benchmarking of hybrid classical-quantum systems...
18:13
Polymarket reaches $1 billion in annual revenue: growth analytics and key drivers
The decentralized prediction platform Polymarket has reached a significant financial milestone: its annual revenue has exceeded $1 billion. This threshold was crossed just six weeks after the company opened access to its US structure without a pre-listing waiting period, dramatically accelerating the influx of users and capital.
Analyzing on-chain data, we observe an impressive dynamic: the daily trading volume on the platform in the US grew from approximately $50 million in mid-May to $200 million by June 20...
Analyzing on-chain data, we observe an impressive dynamic: the daily trading volume on the platform in the US grew from approximately $50 million in mid-May to $200 million by June 20...
18:12
MAS has placed Hyperliquid on the "alert list": what lies behind the Singapore regulator's decision
On June 26, the Monetary Authority of Singapore (MAS) officially added the perpetual DEX Hyperliquid website, as well as the Hyper Foundation organization portal, to its Investor Alert List (IAL). This list traditionally includes services that may be mistakenly perceived by users as licensed by the regulator.
It is important to emphasize: inclusion in the IAL is not a ban on activity or a direct sanction measure...
It is important to emphasize: inclusion in the IAL is not a ban on activity or a direct sanction measure...
18:11
Shanghai-based company Taiyi Quantum has closed a pre-seed funding round of 300 million yuan, equivalent to approximately $44 million. Key investors include funds Gaorong Venture Capital and IDG Capital — a strong signal of confidence in a technology that could radically transform the computing landscape.
Behind the project is Liu Hongbin, a former quantum systems architect at Microsoft's Azure Quantum project...
Shanghai-based quantum startup Taiyi Quantum has raised $44 million to develop a next-generation computer.
Shanghai-based company Taiyi Quantum has closed a pre-seed funding round of 300 million yuan, equivalent to approximately $44 million. Key investors include funds Gaorong Venture Capital and IDG Capital — a strong signal of confidence in a technology that could radically transform the computing landscape.Behind the project is Liu Hongbin, a former quantum systems architect at Microsoft's Azure Quantum project...
18:10
Analytical Review: StablecoinX Debuts on Nasdaq Under Ticker USDE — A New Stage for the Ethena Ecosystem
The cryptocurrency market has witnessed a landmark event: the infrastructure platform StablecoinX has officially completed its merger with SPAC company TLGY Acquisition Corp. and obtained public company status on June 26. Since that day, its shares have been trading on the Nasdaq exchange under the ticker USDE, opening a new chapter in the integration of digital assets with traditional financial markets...
18:08
Market Analysis: How Withdrawals Work and Why They Are Critically Important for Your Portfolio
Withdrawing funds is not just a technical operation, but a fundamental indicator of the health of any cryptocurrency project. In my practice, I have repeatedly observed how traders and investors underestimate this stage, focusing solely on entering a position.
Why withdrawing funds is a test of strength Every time you initiate a withdrawal of assets from an exchange or DeFi protocol, you are testing liquidity, network speed, and counterparty reliability...
Why withdrawing funds is a test of strength Every time you initiate a withdrawal of assets from an exchange or DeFi protocol, you are testing liquidity, network speed, and counterparty reliability...
18:07
Stablecoin Market: Analysis of Current Liquidity Inflow
Over the past 24 hours, we have observed a significant inflow of funds into stablecoins, which is a classic signal for the market. According to my data, the issuance volume of USDT and USDC has increased by 2.3%, reaching a total market capitalization of $148 billion. In my opinion, this liquidity injection is directly linked to market participants' expectations of an imminent increase in volatility...
18:06
South Korea's KOSPI plunged by 8%: the fifth trading halt in a month and a loss of $360 billion.
The South Korean stock market is experiencing a true collapse. The KOSPI index fell by more than 8% again today, marking the fifth forced trading halt in the past month. Over 400 trillion won, equivalent to $360 billion, has effectively "evaporated" from the market. Shares of key giants — Samsung and SK Hynix — each lost about 9%.
This is a continuation of a series of extreme movements. To recap: on June 8, the index fell by 8% within the first three minutes of the session, and on June 22–23, the decline reached 10% — the second worst day in KOSPI history...
This is a continuation of a series of extreme movements. To recap: on June 8, the index fell by 8% within the first three minutes of the session, and on June 22–23, the decline reached 10% — the second worst day in KOSPI history...
18:04
Haseeb Qureshi, managing partner at venture firm Dragonfly, has sharply criticized the common approach to evaluating the AI model market. In his view, relying on raw token consumption is a fundamentally flawed method that distorts the market picture. The only adequate metric is real cash flows—that is, the dollars spent by users.
Why Tokens Are an Unreliable Indicator Qureshi highlights four key problems that make the "token share" metric practically useless for comparing models...
The AI market should be measured in dollars, not tokens: analysis by Dragonfly analyst
Haseeb Qureshi, managing partner at venture firm Dragonfly, has sharply criticized the common approach to evaluating the AI model market. In his view, relying on raw token consumption is a fundamentally flawed method that distorts the market picture. The only adequate metric is real cash flows—that is, the dollars spent by users.Why Tokens Are an Unreliable Indicator Qureshi highlights four key problems that make the "token share" metric practically useless for comparing models...
18:03
Binance founder Changpeng Zhao has proposed a radical solution to protect early-era bitcoins. His idea is to give owners of inactive coins, including Satoshi Nakamoto himself, exactly 12 months to transfer funds to secure wallets. If this does not happen, Zhao suggests freezing these assets forever to prevent them from being captured by future quantum computers.
According to Zhao's estimates, if such a scenario were implemented, only about 20 million BTC would remain in circulation...
Changpeng Zhao challenges Satoshi: freeze Bitcoin or lose it forever
Binance founder Changpeng Zhao has proposed a radical solution to protect early-era bitcoins. His idea is to give owners of inactive coins, including Satoshi Nakamoto himself, exactly 12 months to transfer funds to secure wallets. If this does not happen, Zhao suggests freezing these assets forever to prevent them from being captured by future quantum computers.According to Zhao's estimates, if such a scenario were implemented, only about 20 million BTC would remain in circulation...
18:01
OpenAI has officially announced the GPT-5.6 family of models, which includes three versions: Sol, Terra, and Luna. However, access to this new generation of artificial intelligence is currently limited to a select group of partners approved by U.S. government agencies. Businesses and developers will be able to connect a bit later — a broader launch is expected in the coming weeks.
The launch of GPT-5...
OpenAI has unveiled GPT-5.6: a new generation of AI with phased rollout and a cosmic hierarchy.
OpenAI has officially announced the GPT-5.6 family of models, which includes three versions: Sol, Terra, and Luna. However, access to this new generation of artificial intelligence is currently limited to a select group of partners approved by U.S. government agencies. Businesses and developers will be able to connect a bit later — a broader launch is expected in the coming weeks.The launch of GPT-5...
18:00
The banking system has been built for decades on salary certificates, bank statements, and bureau credit scores. But for millions of people around the world whose finances exist solely on the blockchain, these tools are useless. I conducted a deep analysis of the SurfCash service, which offers a revolutionary solution: lending based on on-chain wallet history, completely ignoring traditional banking metrics...
Unsecured credit based on crypto wallet history: a new era of on-chain finance
The banking system has been built for decades on salary certificates, bank statements, and bureau credit scores. But for millions of people around the world whose finances exist solely on the blockchain, these tools are useless. I conducted a deep analysis of the SurfCash service, which offers a revolutionary solution: lending based on on-chain wallet history, completely ignoring traditional banking metrics...
17:59
Dutch company Qblox, specializing in developing control systems for quantum processors, has officially announced a strategic partnership with Hewlett Packard Enterprise (HPE). This collaboration plans to integrate Qblox hardware with HPE's high-performance computing (HPC) and artificial intelligence (AI) infrastructures.
The main goal of the alliance is to create testbeds that will enable the development and testing of quantum algorithms, ensure software compatibility, and conduct system benchmarking of hybrid classical-quantum systems...
Qblox and HPE join forces to create hybrid computing systems
Dutch company Qblox, specializing in developing control systems for quantum processors, has officially announced a strategic partnership with Hewlett Packard Enterprise (HPE). This collaboration plans to integrate Qblox hardware with HPE's high-performance computing (HPC) and artificial intelligence (AI) infrastructures.The main goal of the alliance is to create testbeds that will enable the development and testing of quantum algorithms, ensure software compatibility, and conduct system benchmarking of hybrid classical-quantum systems...
17:58
The decentralized prediction platform Polymarket is showing impressive momentum: its annualized revenue, calculated based on current metrics, has surpassed the $1 billion mark. This milestone was reached just six weeks after the platform opened access to U.S. users without requiring a waitlist — a strategic move that completely transformed the project's trajectory.
On-chain data analysis confirms an explosive surge in activity...
Polymarket reaches a new level: the annual revenue of the decentralized prediction market has exceeded $1 billion.
The decentralized prediction platform Polymarket is showing impressive momentum: its annualized revenue, calculated based on current metrics, has surpassed the $1 billion mark. This milestone was reached just six weeks after the platform opened access to U.S. users without requiring a waitlist — a strategic move that completely transformed the project's trajectory.On-chain data analysis confirms an explosive surge in activity...
17:57
MAS has placed Hyperliquid on the "red list": what this means for the DeFi sector
On June 26, the Monetary Authority of Singapore (MAS) added the Hyperliquid platform, as well as the website of its affiliated organization Hyper Foundation, to its Investor Alert List. This list includes services that may be mistakenly perceived by users as having a regulatory license.
Hyperliquid is a decentralized exchange (perp-DEX) operating on its own blockchain. Being added to the list is not a direct ban on operations or the start of enforcement actions...
Hyperliquid is a decentralized exchange (perp-DEX) operating on its own blockchain. Being added to the list is not a direct ban on operations or the start of enforcement actions...
17:56
Chinese startup Taiyi Quantum has raised $44 million for a neutral-atom quantum computer.
Shanghai-based Taiyi Quantum, a company specializing in the development of quantum computing systems, has successfully closed a pre-seed funding round of 300 million yuan, equivalent to approximately $44 million. The leading investors were venture capital firms Gaorong Venture Capital and IDG Capital.
Behind the project is Liu Hongbin, a former architect of the Azure Quantum cloud quantum service at Microsoft...
Behind the project is Liu Hongbin, a former architect of the Azure Quantum cloud quantum service at Microsoft...
17:55
The stablecoin StablecoinX is set to debut on Nasdaq under the ticker USDE.
A landmark event for the stablecoin market: StablecoinX has officially become a public company. After completing a merger with SPAC company TLGY Acquisition Corp., the stablecoin issuer began trading on the Nasdaq stock exchange under the ticker USDE on June 26. This move marks a new milestone in the evolution of cryptocurrency infrastructure, bringing an asset that originally existed solely in the digital realm to traditional markets...
17:52
Massive Withdrawals from Crypto Exchanges: What Lies Behind the Alarming Statistics?
In recent days, the market has seen notable activity related to the movement of large volumes of digital assets from trading platforms. This involves a significant outflow of funds, which many market participants have been quick to interpret as a signal of a decline. However, as my many years of experience show, such movements are far from always being an unambiguous bearish indicator.
Current data confirms that the volumes of funds being withdrawn indeed exceed the average figures of the past few weeks...
Current data confirms that the volumes of funds being withdrawn indeed exceed the average figures of the past few weeks...
17:51
Key aspects of replenishing cryptocurrency balance: strategies and risks
Balance replenishment is a fundamental operation for any participant in the cryptocurrency market, whether a trader, investor, or user of DeFi protocols. In current market conditions, where volatility reaches peak levels and transaction fees can vary widely, choosing the replenishment method becomes critically important for preserving capital.
Main replenishment methods: Bank transfers, P2P platforms, and direct deposits from other crypto wallets remain the most common...
Main replenishment methods: Bank transfers, P2P platforms, and direct deposits from other crypto wallets remain the most common...
17:50
A sense of time pressure is growing within the American political establishment surrounding the adoption of a key cryptocurrency regulation bill — the Clarity Act. After senators return from recess on July 13, they will have only 20 working days to pass the document through the upper chamber and send it back to the House of Representatives before the August break.
This tight deadline, at first glance, poses a threat to the bill...
Republicans are pushing the Clarity Act: the Senate has only 20 working days to make a deal
A sense of time pressure is growing within the American political establishment surrounding the adoption of a key cryptocurrency regulation bill — the Clarity Act. After senators return from recess on July 13, they will have only 20 working days to pass the document through the upper chamber and send it back to the House of Representatives before the August break.This tight deadline, at first glance, poses a threat to the bill...
17:49
An unusual ironic flash mob has unfolded on social network X. Users, noticing a sharp decline in the wealth of the richest man on the planet, began massively sending him symbolic money transfers through the XMoney payment service. The joke quickly went viral, turning into a spontaneous "support" campaign for the billionaire, who lost his status as the first dollar trillionaire in history in just two weeks...
An ironic flash mob on X: users are massively sending "donations" to Elon Musk
An unusual ironic flash mob has unfolded on social network X. Users, noticing a sharp decline in the wealth of the richest man on the planet, began massively sending him symbolic money transfers through the XMoney payment service. The joke quickly went viral, turning into a spontaneous "support" campaign for the billionaire, who lost his status as the first dollar trillionaire in history in just two weeks...
17:47
South Korea's KOSPI stock index has again plunged more than 8% in a single trading session. This marks the fifth trading halt in the past month — the situation has entered a phase of systemic crisis, not just a market correction.
The market has lost over 400 trillion won (equivalent to $360 billion). Key blue-chip stocks — Samsung and SK Hynix — each crashed by about 9%. Previous panic episodes: on June 8, the index fell 8% within the first three minutes, and on June 22–23, the crash reached 10% — the second worst day in KOSPI history — amid discussions on unrealized profit taxes...
Panic on KOSPI: index plunges 8%, market loses $360 billion — 5 structural causes of the collapse
South Korea's KOSPI stock index has again plunged more than 8% in a single trading session. This marks the fifth trading halt in the past month — the situation has entered a phase of systemic crisis, not just a market correction.The market has lost over 400 trillion won (equivalent to $360 billion). Key blue-chip stocks — Samsung and SK Hynix — each crashed by about 9%. Previous panic episodes: on June 8, the index fell 8% within the first three minutes, and on June 22–23, the crash reached 10% — the second worst day in KOSPI history — amid discussions on unrealized profit taxes...
17:46
Dragonfly Managing Partner Haseeb Qureshi has sharply criticized the current approach to evaluating the AI model market. In his view, analysis based on token consumption—especially on the OpenRouter platform—leads to fundamentally flawed conclusions. The real metric is dollars spent by users, not the volume of raw tokens.
The problem, according to Qureshi, lies in several key distortions. The first is subsidies...
Dollars, Not Tokens: Why the Market Share of AI Models Is a Dangerous Illusion
Dragonfly Managing Partner Haseeb Qureshi has sharply criticized the current approach to evaluating the AI model market. In his view, analysis based on token consumption—especially on the OpenRouter platform—leads to fundamentally flawed conclusions. The real metric is dollars spent by users, not the volume of raw tokens.The problem, according to Qureshi, lies in several key distortions. The first is subsidies...
17:45
Binance founder Changpeng Zhao (CZ) has proposed a radical initiative that could change the fundamental principles of Bitcoin. His proposal concerns coins allegedly belonging to Satoshi Nakamoto himself. CZ believes the community should give the BTC creator 12 months to move their funds. If the coins are not moved within that timeframe, they should be frozen forever.
Quantum Vulnerability of Old Wallets At the core of this proposal is not a desire to rewrite history, but a very specific technological threat...
Changpeng Zhao proposes "freezing" Satoshi Nakamoto's bitcoins: protection against quantum threat
Binance founder Changpeng Zhao (CZ) has proposed a radical initiative that could change the fundamental principles of Bitcoin. His proposal concerns coins allegedly belonging to Satoshi Nakamoto himself. CZ believes the community should give the BTC creator 12 months to move their funds. If the coins are not moved within that timeframe, they should be frozen forever.Quantum Vulnerability of Old Wallets At the core of this proposal is not a desire to rewrite history, but a very specific technological threat...
17:44
Qblox and HPE join forces to create hybrid computing systems
Dutch company Qblox, specializing in the development of control systems for quantum processors, has announced a strategic partnership with Hewlett Packard Enterprise (HPE). As part of the collaboration, the integration of Qblox equipment with HPE's high-performance computing (HPC) and artificial intelligence (AI) infrastructures is planned.
The key goal of the project is to create test benches designed for algorithm testing, ensuring software compatibility, and conducting system benchmarking of hybrid classical-quantum systems...
The key goal of the project is to create test benches designed for algorithm testing, ensuring software compatibility, and conducting system benchmarking of hybrid classical-quantum systems...
17:43
Polymarket reaches $1 billion in annual revenue: analytics and market trends
The decentralized prediction platform Polymarket is showing impressive growth, with its annual revenue surpassing the $1 billion mark. This milestone was reached just six weeks after the company opened access to American users without a prior waiting list. For the prediction market industry, this is a landmark indicator, confirming the maturity and scalability of this DeFi segment.
On-chain data analytics from Dune Analytics shows that the daily trading volume on the US version of Polymarket surged from approximately $50 million in mid-May to $200 million by June 20...
On-chain data analytics from Dune Analytics shows that the daily trading volume on the US version of Polymarket surged from approximately $50 million in mid-May to $200 million by June 20...