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The ongoing artificial intelligence stock frenzy has pulled in capital from across the market, from traditional metals, considered the safest assets, to crypto, considered the riskiest.Gold dropped below $4,000 for the first time since November earlier this week, silver has lost more than half its value from its high, and bitcoin has slipped to nearly $58,000.The three selloffs are not a coincidence. For much of the past two years, they have been, to a large degree, the same trade, and now the same forces are unwinding it.That trade even has a name, the “debasement” trade. It is the bet that…
A mortgage refinance is not always a money-saving proposition. It should be. To know that a refi is a smart financial move, you’ll have to do a small but easy calculation, and consider more than just the interest rate. Here is how to calculate your break-even point on a mortgage refinance. See today’s best refinancing rates. What is a break-even point on a mortgage refinance? The break-even point for a mortgage refinance is when the monthly savings of a lower payment equal the refinance costs. You wouldn’t normally want to move from a home before you recoup the costs of…
Bitcoin BTC$59,864.97 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem.Leading the advance was the native token of Aave AAVE$94.49, the largest DeFi lending protocol, which jumped 19% over the past 24 hours. CoinDesk reported Thursday that crypto exchange Kraken is exploring a strategic investment tied to the lending protocol, acquiring a 15% stake at a $385 million valuation.Aave founder Stani Kulechov pushed back in an X post against the suggestion that Aave assets could be sold at a steep discount. He reiterated that all…
Palo Alto, United States, June 26th, 2026, Chainwire Toss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion. Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users. Frontier AI has run out…
SoftBank shares slumped Friday following a report that OpenAi may delay its IPO until next year.
A close-up of an AMD office by gehapromo via Adobe Stock Advanced Micro Devices’ (AMD) recent gains have arrived on the back of AI inference-induced CPU demand. The market was already waiting for AMD stock to reach a $1 trillion valuation, but another variable has now added a new dimension to its prospects. On June 15, AMD announced the acquisition of MEXT, a memory technology company that will help AMD resolve the memory bottleneck through efficient resource utilization. To understand what MEXT does, let’s first understand how memory is used in AI workloads. Generally, we have two types of memory:…
Palo Alto, United States, June 25th, 2026, Chainwire Story rebrands as The DATA Foundation, launches DATA Network with flagship Kled AI integration, registering 1.5 billion user-contributed records on the platform The Foundation also introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale Today, Story announces a strategic transition to become The DATA Foundation (“DATA”) and launches Trace, an onchain registry for AI training data provenance and licensing. The launch includes a flagship integration with Kled, the world’s largest opt-in human data marketplace, registering 1.5 billion user-contributed records on the Network. Andrea Muttoni becomes CEO…
Coinbase-backed Ethereum layer-2 network Base resumed block production Thursday after a disruption of roughly two hours that halted the blockchain.In an update, the Base team said the chain has resumed working and internal nodes were syncing correctly, though it continues to investigate the root cause of the incident. The team also advised ecosystem node operators to restart their Base nodes to restore synchronization.The first public indication of problems came at 16:03 UTC, when Base reported that mainnet block production was “unhealthy.” By 16:52 UTC, the team said it had identified a problem and was pursuing multiple remediation efforts.The incident temporarily…
London, United Arab Emirates, June 25th, 2026, Chainwire Solstice to launch aiUSX, a yield-bearing asset that lets companies help finance the buildout with the capital they already hold for AI. TensorX and Solstice today announced a partnership to finance European sovereign AI infrastructure. TensorX and Solstice will work together to create a facility with up to $1 billion in capacity to finance AI hardware and data-center build-out to meet rising demand for sovereign compute across the EU. Solstice will provide the onchain financing for that buildout and will launch aiUSX, a potential yield asset that opens the same infrastructure lending…
ROAD TOWN, British Virgin Islands, June 25, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, announced continued growth across its ecosystem as cumulative trading volume approached $1 billion, reaching $946.29 million alongside $20.71 million in Total Value Locked (TVL), according to on-chain data from DefiLlama. This surge is directly driven by the protocol’s native VIP Program, which aligns active traders with ecosystem success by distributing 30% to 50% of platform fee revenue back to high-volume users. With annualized protocol revenue currently tracked at $1.07 million, the VIP reward pool distributes hard USDC yield directly back to participants,…