Morpho Raises $175M to Build DeFi Credit Infrastructure for Banks
Morpho Labs secured $175M from Paradigm, a16z, and Ribbit Capital to become a credit infrastructure layer for banks. Coinbase already used Morpho to originate $2.17B in USDC loans.
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Morpho Labs secured $175M from Paradigm, a16z, and Ribbit Capital to become a credit infrastructure layer for banks. Coinbase already used Morpho to originate $2.17B in USDC loans.
Kevin Warsh awaits Senate confirmation as Fed chair. With inflation at 4.8% and CPI rising fastest in three years, markets expect at least one rate hike by end of 2026.
Butterfly Network, maker of the Butterfly iQ3 ultrasound device, saw its stock fall to a new 52-week low of 4.75 EUR on June 12, 2026, a 13.6% drop from the prior close.
Anthropic took its latest AI models offline worldwide to comply with new US export controls, affecting all users including enterprise customers. The move has sparked debate about AI sovereignty and dependence on US techn
Anthropic removed its Claude Fable 5 and Mythos 5 models globally to comply with a US government export control order, disrupting enterprise access.
Anthropic took its latest AI models offline worldwide to comply with a US government export control order, disrupting global enterprise access. The move follows a $30 billion AI infrastructure deal between SpaceX and Google that reshapes the AI cloud race.
Amazon founder Jeff Bezos commits $41bn to a new AI lab, while the US government orders Anthropic to block global access to its advanced Claude Fable 5 and Claude Mythos 5 models.
Physical AI startup Prometheus, co-founded by Jeff Bezos, raised $12 billion from Amazon, JPMorgan, and others. Meanwhile, AI cloud provider CoreWeave will join the Nasdaq-100 Index on June 22, 2026.
President Trump nominated Kevin Warsh as new Fed chair, pending Senate confirmation. Jerome Powell will lead two more meetings before his term expires in May, with markets eyeing rate hikes later in 2026.
Dallas Fed President Lorie Logan said the Fed may need to raise rates this year to combat inflation, while the RBI held rates at 5.25% and cut growth forecasts.
The ECB raised rates, while the Fed under Kevin Warsh is expected to hold. Markets price a 60% chance of a Fed hike by October 2026.
Butterfly Network Inc. shares fell to a new 52-week low of 4.75 EUR on June 12, 2026, a 13.61% drop from the prior close. The Ultrasound-on-Chip company's products include Butterfly iQ3 and iQ+.
Bitwise reports that traditional finance advisers favor stablecoins and tokenization over Bitcoin, while Mastercard integrates stablecoins for settlement and Ethena Labs launches suiUSDe on Sui.
Anthropic is partnering with Tata Consultancy Services and DXC Technology to scale enterprise AI deployments, with TCS providing Claude to over 50,000 employees and DXC training tens of thousands of Claude-certified engi
Anthropic suspended access to its newly released Claude Fable 5 and Mythos 5 models following a US government export control directive, affecting all users including enterprise customers.
Jeff Bezos and Vik Bajaj's physical-AI startup closed $12 billion at a $41 billion valuation just as the ECB hiked on Iran-war inflation and the Fed held under new Chair Kevin Warsh — and capital-hungry robotics is the most rate-sensitive corner of AI
The European Central Bank raised rates for the first time since 2023, responding to inflation spiking to a three-year high from the Iran war oil shock. The Fed is expected to hold rates but may signal future hikes.
The European Central Bank raised rates in response to Iran war-driven inflation, while the U.S. Federal Reserve is expected to hold steady at its next meeting under new Chair Kevin Warsh. Dallas Fed President Lorie Logan
Securitize, a tokenization firm backed by BlackRock, has cleared SEC registration to list on the NYSE under ticker SECZ, marking a milestone for real-world asset tokenization.
Dallas Fed President Lorie Logan said the central bank may need to raise interest rates this year to combat stubborn inflation, shifting market expectations from cuts to hikes. Regional bank stocks fell 3.8% on the higher-for-longer outlook.
Strong May jobs report (172,000 payrolls) and sticky 3.3% core inflation push market odds of a Fed rate hike this year to 52% on Kalshi, up from 25.3% last week.
Dallas Fed President Lorie Logan said rate hikes may be required later this year to tamp down stubborn inflation, as the current 3.5%-3.75% rate no longer constrains prices. The next FOMC meeting is June 16-17.
The Federal Reserve held rates steady at 3.5%-3.75%. Top 1-year CDs average 4.29%, near peak, as officials signal caution.
Bybit, the second-largest crypto exchange, integrates Western Union's USDPT stablecoin on Solana for remittances in Latin America, providing on- and off-ramp services.