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‘Apple should buy Bitcoin,’ Saylor says, as share buyback disappoints

Apple, the world’s fourth-largest company by market capitalization, should buy Bitcoin to address the poor performance of its stock buyback program, according to Strategy executive chairman, Michael Saylor.
“Apple should buy Bitcoin,” Saylor said in a June 10 X post.
Saylor’s comment responded to
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Trump’s CFTC pick calls blockchain a society-shaping technology

Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance.
In prepared remarks ahead of his Senate confirmation hearing shared with
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Ripple commits $5M more toward crypto research in APAC

Ripple Labs is set to commit an additional $5 million to help fund academic research and foster blockchain talent in the Asia-Pacific region.
In a blog post on Tuesday, Ripple Labs said it will be committing the additional funding via its University Blockchain Research Initiative (UBRI), which will
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Société Générale launches US dollar stablecoin on Ethereum and Solana

Société Générale-Forge, the crypto subsidiary of French financial services company Société Générale, has launched a new US dollar-pegged stablecoin.
According to a June 10 announcement, the stablecoin, dubbed USD CoinVertible (USDCV), will be issued on the Ethereum and Solana blockchains. United
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South Korea moves to legalize stablecoins with new crypto bill

South Korea’s newly elected president Lee Jae-myung is fast-tracking his campaign promise to allow the issuance of domestic stablecoins, as his party has moved forward with a crypto bill.
Lee’s ruling Democratic Party proposed the Digital Asset Basic Act on Tuesday, aimed at improving
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Crypto social media sees rising interest in AI taking jobs: Santiment

The crypto community has taken a keen interest in artificial intelligence of late, including discussing its potential to replace humans in jobs, according to the onchain analytics platform Santiment
Santiment's Alpha Narratives dashboard found on various social media channels like X, between
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Canary Capital spins up Delaware trust for staked Injective ETF

The native token behind the Injective blockchain could be getting an exchange-traded fund in the US, as Canary Capital created a trust in Delaware for a product that appears to offer staking exposure to the token
The Delaware Division of Corporations website shows the entity “Canary Staked INJ
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Amazon doubles down on AI with $20B Pennsylvania investment

Amazon is planning to pour $20 billion into the US state of Pennsylvania to build two new data centers to expand its AI infrastructure
The location for the data centers is still up in the air, with Salem Township and Falls Township as the frontrunners, but other Pennsylvania communities are
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Staked Ethereum hits all-time high as ETH tops $2.7K

Staked Ethereum has clocked a new record as the asset’s price reclaimed a 12-day high amid major institutional accumulation
The amount of Ether (ETH) staked on the Beacon Chain reached a record high of 34.65 million ETH on Sunday, eclipsing the previous high on Nov. 10, 2024
The amount of Ether
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SEC eyes exemption framework to boost crypto innovation

The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins.
Atkins, a former crypto lobbyist, said during a Monday crypto roundtable led by the SEC’s crypto task f
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UK appoints specialist to recover crypto from bankruptcy cases

The UK Insolvency Service has appointed its first crypto intelligence specialist to help recover crypto from bankruptcy and criminal cases.
Andrew Small, a former police investigator with a background in economic crime, will lead efforts to trace and reclaim crypto assets that haven’t been
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