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I think it’s time to revisit the accredited investor laws in the US. Companies are staying private longer, where only accredited investors (aka rich people!) can invest. Retail investors can only come in after IPO, when much of the upside has already been captured. These rules were created with the best of intentions, to protect regular people from scams - a noble idea. Unfortunately, in practice they've often made it illegal to get richer, unless you're already rich. A regressive tax! We have to judge policies based on their outcomes, not on their intentions. These are two possible routes I see: 1) Replace the rule with something merit-based, like a financial literacy test. Pass it and you're accredited. Having a qualification based on competency rather than your bank balance or income seems far more fair. 2) Remove the rule entirely. Let consenting adults assess their own risk. Disclosure requirements stay and fraud enforcement stays to punish bad actors.

Ethereum just crossed 1m developers 1,012,824 unique people making it crypto's largest builder ecosystem by far

🚨 JUST IN: Bitmine’s 9.5% preferred shares will begin trading on the NYSE under ticker $BMNP.

6/ Bitmine meets eligibility critera to be added to the Russell 1000 - the final updated list is published June 18th - reconstituted index takes effect June 26th Many active managers only buy equities on the Russell 1000 - an estimated 20-25% of the market cap of a stock is held by passive index funds/ETFs x.com/fundstrat/status/20580…

2/ On June 10, Bitmine closed its offering (the "offering") registered under the Securities Act of 1933, as amended (the "Securities Act"), of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), at a public offering price of $80.00 per share. - The Company received net proceeds from the offering of approximately $273.8 million, after deducting the underwriting discounts and commissions and the Company's estimated offering expenses. - The Series A Preferred Stock is expected to begin trading on the NYSE under the symbol $BMNP beginning June 16, 2026. The dividends for BMNP are scheduled to be paid weekly, subject to the terms of the applicable Certificate of Designations. “The Series A Preferred Stock offering is good balance sheet diversification for Bitmine. The Company’s current projected annualized staking rewards of approximately $219 million provide recurring cash flow to support the dividends related to the Series A Preferred shares,” stated Thomas “Tom” Lee, Chairman of Bitmine.

JUST IN: Starlink has secured agreements with 41 airlines worldwide covering over 7,000 aircrafts in total

Investor read: • $BTQ post-quantum chips, publicly disclosed that they are actively working on the quantum threat to crypto. • LAES (SEALSQ) post-quantum chips, direct beneficiary of migration urgency • Arqit, PQ encryption and migration tooling • IBM Condor (1,121q) and Atom Computing (1,180q) cited as the frontier, still ~100 logical max • Google Quantum AI Ethereum Foundation co-authored the whitepaper this builds on Signal to watch: BIP-360 activation on Bitcoin, and Ethereum's EIP-8141 in the late-2026 Hegota fork.

New paper puts hard numbers on the Quantum threat to $BTC and Ethereum. Breaking the signatures: ~1,200 logical qubits. Best 2026 machine: ~100. A 400-500x gap. And ~1-in-6 odds of a code-breaker by 2035. Real, bounded, and mostly fixable. Time for the BTC maxis to wake up 🧵

SPACEX AT $229 AND CLIMBING. I have NEVER seen anything like this in my life. This is the 5th biggest company on EARTH and it’s pumping like a memecoin. Genuinely what is happening right now?

SpaceX Erupts In After Hours Trading, Soaring Above $210 And Surpassing Apple's Market Cap zerohedge.com/markets/spacex…

JUST IN: BlackRock to launch Bitcoin Premium Income ETF tomorrow

Ethereum is pumping, and geministar.eth is buying more $ETH! Today, geministar.eth has bought 21,136 $ETH($37.05M) from #Binance. arkm.com/explorer/address/0x…

AMD CEO LISA SU HELD A MINI PC ON STAGE THAT RUNS A 235B MODEL AND REPLACES YOUR $440/MONTH AI STACK amd's ryzen ai max 395 is the first x86 chip that runs a 200 billion parameter model on one piece of silicon. cpu and gpu share 128gb of unified memory, no separate graphics card needed the gmktec evo-x2 runs qwen3 235b fully, deepseek v3 comfortably and llama 3.3 70b with headroom. on linux you get 110gb of usable vram out of 128gb amd claimed the chip beat an nvidia rtx 5080 by more than 3x on deepseek r1 inference. a lunchbox sized pc outrunning a $1,000 discrete gpu on a real ai workload a heavy ai user pays $200 for claude code max, $200 for chatgpt pro, $20 for cursor and $20 for gemini. that's $5,280 a year and the box pays itself off in 9 to 10 months install ollama, pull the model, point claude code at localhost. same interface, nothing leaves the machine, nothing costs per request bookmark this and read the article below

Crypto users keep hearing that America is becoming more crypto-friendly. But try moving serious money from Coinbase into a traditional bank account and see how friendly the system really feels. One of my clients transferred $1 million from Coinbase into a Citibank account. Citi rejected the transfer. Then they closed the entire account. Not a small account either. There was around $5 million sitting there. The bank mailed him a check for $5 million. Through the mail. - No discussion. - No warning. - No “let’s clear this up.” - Just goodbye. This is the part people miss about crypto debanking. Even if your activity is legal, banks may still treat crypto-related transfers as high risk. And if the compliance burden is too expensive, some banks would rather drop the customer than deal with the paperwork. So when politicians talk about ending debanking, that is a good start. But it does not solve the bigger issue. As long as crypto is treated like suspicious activity by default, crypto users are still not fully inside the financial system. They are tolerated. Until they become inconvenient. So here’s the question: If a bank can close your account for receiving money from Coinbase, do crypto users actually have financial freedom?

HOW NOT TO MOVE FUNDS ONCHAIN! Someone moved $120.2M USDT into a Tron wallet and tried swapping most of it for XMR. The buy was so big it pushed Monero 30% in hours. That caught everyone’s attention. Tether then froze $72M before the exit finished. What failed here wasn't Monero. It was using a freezable asset to enter it. REMEMBER! - USDT has a blacklist function. Issuers can freeze any address, anytime. - Large buys on thin markets create exactly the visibility you're trying to avoid. - Self-custody isn’t really self-custody when it comes to USDT and USDC If the swapper tried swapping into BTC first and then gradually into XMR it could have worked.

$BTC has never dropped below its "Electrical Cost" This time won't be different, right?

META IS AN ABSOLUTE MESS INSIDE RIGHT NOW Wired just dropped an exclusive, and the details are wild. This week someone interrupted a livestreamed Meta meeting, open to thousands of employees, with an expletive-filled rant about "being the company's bitch." They told the presenters to find a specific Meta AI executive and "tell him that he's a piece of shit." A presenter covered their face with their hands. Employees in the chat called the start "spicy." Here is what's behind it. Meta's AI restructuring cut 8,000 jobs last month, 10% of the company. The same restructuring feeds a unit called Applied AI, where 6,500 engineers and product managers have been drafted in waves since April. There is no application process. You get selected, and your options are join or leave the company. Members call themselves "draftees." The new job: writing puzzles and coding problems to train Meta's AI models, two tasks a week. People hired to build apps for billions of users now assemble training data for hundreds of AI scientists. "It's literally the gulag," one employee told WIRED. "You have zero purpose in life all of a sudden, you barely interact with anyone, you just have these tasks every week." Another: "Most people find the work soul-crushing." At the same time, Meta started recording US employees' clicks and keystrokes to generate more AI training data. Over 1,600 employees signed a petition demanding it stop. The concession: employees can pause the tracking for up to 30 minutes. Zuckerberg's response came in an internal memo Friday: "We've made mistakes and will almost certainly make more." He repeated his promise of no more mass layoffs this year. His fixes: limits on the manager ratios Meta had deliberately pushed to 50-to-1 on some teams, bigger budgets for team events, a hackathon next month, and assigned desks by the end of the year. That same memo says Meta's north star is "to be the best place for the most talented people in the world to make an impact." The most talented people in the world are writing puzzles for a model and asking permission to pause the keystroke logger. META declined to comment.

I have a close friend who's involved with the "internal" trading desks of REPUTABLE centralized exchanges. The shit he told me earlier was INSANE. I asked his permission if I could "leak" this and he said go for it [apparently it's not just them and every CEX with a desk behind them does it too]. They've been using AI to model profiles on active traders and their "tendencies." Let me elaborate: Everyone who is on a CEX right now and actively trading perps, they have a FILE ON YOU detailing ALL YOUR HABITS. How much of a % squeeze [in either direction] it requires on average for you to CLOSE A POSITION AT A LOSS. How much PnL you look for on average when opening a position etc. The days you trade and what days you're at your best and at your worst etc. THEY HAVE A FUCKING FILE ON EVERYONE TRADING. They use ALL OF THAT and MORE to brutalize you like little victims who easily surrender. They know if they pump XYZ alt, you'll chase it and they'll dump on you right after. NONE OF IT IS A COINCIDENCE. Not only are they actively trading against you, They're MANIPULATING YOUR EMOTIONS IN REAL TIME because they've used AI to study your trading history. I asked, "Why? Surely they're already massively profitable as an exchange." Nigga said, "Why not? It's the freest money, ever." Plus, a bear market with lesser participants is far easier to "control" prices. BRUTAL GAME. ~ Dr. Axius.

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…