Mirendil, founded by ex-Anthropic and xAI researchers, has raised a $200 million seed at a $1 billion valuation to build AI that can carry out AI research on its own.

Its frontier models are trained to be expert at AI R&D, looping over research and engineering problems autonomously so anyone can build specialized models without a frontier lab.

a16z and Kleiner Perkins co-led the round, with Nvidia joining. The team aims to let scientists and developers spin up their own specialized in-house models in fields like medicine and materials.

MemeCore's $M token collapsed roughly 75% in hours, from about $2.66 to near $0.50, wiping out close to $3 billion market cap with no hack or news to explain it.

The crash follows ZachXBT's warnings that insiders control over 90% of supply, with under $100K of onchain liquidity, fueling scrutiny of why Binance, Bybit, Kraken and Bitget listed it at all.

With $M's onchain market near-frozen — no transfer over $50K in two-plus weeks on BSC — the collapse is a reminder of how fragile heavily insider-held, paid-promotion tokens can be.

Polysights, an AI analytics platform for prediction markets like Polymarket, has raised $1.5 million in a pre-seed round to root out insider trading and market manipulation.

Its models cluster wallets and surface anomalies, outsized positions and odd timing before market-moving events, combining Gemini and Perplexity to read the order flow.

The pre-seed was backed by YZi Labs (ex-Binance Labs), Maven 11, Varys Capital, Contribution Capital and Edge Ventures, as insider-trading surveillance becomes a business of its own around Polymarket.

Japanese financial giant SBI Holdings has agreed to acquire crypto exchange Bitbank for about ¥46.7 billion ($289 million), absorbing it as a wholly owned SBI subsidiary.

Once it closes around October, the deal lifts SBI's crypto custody balance past ¥1 trillion (~$6.2 billion), making it the largest crypto business in Japan.

SBI will buy out individual shareholders first, then stakes from Mixi and Ceres; Bitbank says its services will run unchanged through the transition.

ENS, the Ethereum naming service, runs its DAO on roughly $16 million a year — ENS Labs' budget alone climbed to $9.7M USDC — yet its revenue from domain registrations keeps falling quarter after quarter.

Q1 registration revenue fell ~19% YoY to ~$2.8M, leaving the DAO leaning on its ~$100M endowment.

The squeeze lands amid a governance fight: a proposal to move the treasury under an expanded ENS Foundation board was branded a 'governance attack' by delegates.

Uniswap, DeFi's largest decentralized exchange, has added a no-code tool that lets any project configure and run an onchain token sale straight from a browser, with no smart contracts to write.

Sales use Uniswap's Continuous Clearing Auctions: bids clear across multiple blocks at one uniform price for every winner, blunting bot snipers, and the auction auto-seeds a v4 liquidity pool on close.

The move pushes Uniswap deeper into the token-launch market, taking aim at memecoin launchpads like Pumpfun.

MIM, the stablecoin issued by Abracadabra, has slid to about $0.50 — roughly half its dollar peg — after a slow-burn depeg that began near $0.82 in mid-June accelerated this week.

To defend it, Abracadabra hiked rates across every Cauldron to force MIM repayment and paused all incentives until the peg returns.

It's the latest stress test for a smaller DeFi stablecoin: with MIM near $0.50, the rate hikes and incentive pause are a bet that shrinking circulating supply can drag the token back toward $1.

Squid, the cross-chain router that has moved over $6 billion across 100-plus chains since 2023, has unveiled $QUID — its native 'Forever Token,' built on a fixed, hard-capped supply with no planned inflation.

The $QUID public sale runs June 30 to July 3, 1:00 PM UTC, through Kraken and Legion, where eligible users pledge for an allocation. Full tokenomics land June 27.

$QUID is slated for staking, governance, buybacks and in-app utility. Legion weighs past Squid usage for priority allocation, while US and UK users are routed to Kraken.

Compute marketplace Ornn has raised a $33 million seed led by a16z crypto, turning raw GPU power into a commodity that can be priced, bought and sold on an open market.

Its first product, Ornn Compute, pools dedicated GPU capacity from several neoclouds into one platform, with a single onboarding flow and a secondary market where capacity can be transferred or sublet on demand.

Backers include a16z crypto (lead), Galaxy Ventures and SV Angel. Ornn also runs the OCPI price index, the benchmark ICE is using to launch its own GPU compute futures.

Solana infrastructure provider Helius has launched Balance-At, an API endpoint that returns a wallet's exact SOL or SPL token balance at any past date, time or slot in a single call.

It replaces the brittle, multi-step RPC queries developers previously had to stitch together by hand, turning historical balance lookups into one request.

Helius pitches it for PnL tracking, portfolio charts, snapshots and cost-basis math. The endpoint ships as part of the Wallet API, currently in beta.