4h ago
Meta develops centralized AI spending controls as internal usage costs surge
Meta is building a centralized system to monitor and limit employee AI usage after internal spending rose faster than expected, with full token controls targeted for 2027. A memo sent to roughly 6,000 staff outlines budgets, caps, and automated alerts for unusual spikes, while phasing out internal usage leaderboards tied to “tokenmaxxing.” The company said internal AI adoption is climbing quickly and it could be spending tens of billions on employee AI usage in 2026.
4h ago
4h ago
Crypto Fear & Greed Index rebounds to 19, exiting ‘Extreme Fear’ zone
The Crypto Fear & Greed Index has rebounded about 25% in under 72 hours to 19, moving out of the “Extreme Fear” range even as sentiment remains fearful. Over the past month, the market extended a four-week downtrend amid more than $500 billion in outflows and a weekly total crypto market-cap decline of 0.27%. Bitcoin dominance has also risen by over 0.6% on the weekly chart toward 60%, alongside macro and cross-asset signals that suggest stabilization.
BTC
BTC+0.21%
4h ago
4h ago
CFTC DMO No-Action Letter Lets DCMs Remove Expiries for Crypto Perpetual Futures
On June 12, 2026, the CFTC's Division of Market Oversight issued a no-action letter that permits designated contract markets to convert perpetual-style digital commodity futures into true perpetual futures by eliminating expiration dates, if specific conditions are met. The relief, requested the same day by Coinbase Derivatives LLC and Bitnomial Exchange LLC, requires notice, participant feedback, risk disclosures, and filings under CFTC rules. The Division said the no-action positions are set to expire on June 30, 2026.
BTC
BTC+0.21%
4h ago
4h ago
Litecoin whale wallets rise 7% to 648 as LTC trades near $43, a low since June 2022
Large Litecoin holders increased their presence as LTC hovered near $43 on June 13, 2026, close to its weakest level since June 2022. Wallets with at least 10,000 LTC rose 7% over five months to 648, while USD transaction volume slid to yearly lows around $6.02B. Market focus has also shifted to LitVM, an EVM-compatible smart-contract layer, as traders weigh whether new utility can offset bearish technical signals.
BTC
BTC+0.21%
4h ago
5h ago
SpaceX IPO demand crunch shows why tokenized shares still need real stock access
Binance Wallet, Bybit and Bitget canceled SpaceX pre-IPO tokenized-share offers on Friday and issued refunds after xStocks could not obtain the underlying shares. Retail demand reportedly overwhelmed available allocations, with Bloomberg citing over $100 billion in retail orders and xStocks partners said to have collected more than $1 billion in customer interest. The episode highlighted that token issuance can function as designed, but sourcing and holding the real shares within required frameworks can still be the limiting factor.
BTC
BTC+0.21%
5h ago