Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

Iranian sources briefed Xinhua News Agency on June 14 that Pakistan will host a video conference, with delegates from Iran and the U.S. in attendance to sign a deal.

June 14 — Reuters, citing sources, reported that representatives from Qatar’s negotiating team flew to Tehran on Sunday morning to finalize a deal to end the U.S.-Iran war.

June 14 (Al Arabiya) — U.S. and Iranian delegations will hold an online meeting to sign a peace agreement, with mediators from Pakistan and Qatar in attendance. The gathering will also see the signing of a memorandum of understanding (MoU) in the presence of Mans and Iranian Parliament Speaker Kalibaf. Once the agreement is finalized, the Strait of Hormuz will be opened, allowing all vessels to transit the waterway free of charge.

June 14 – Hyperliquid’s HIP-3 framework, launched in October 2025, has hit major milestones: total trading volume has surged past $200 billion since its debut, while open interest (OI) reached a historical high of $3.2 billion this June—signaling a new era for on-chain traditional asset derivatives. A pivotal development came when S&P Dow Jones Indices officially licensed Trade[XYZ] to roll out the world’s first S&P 500 perpetual contract on Hyperliquid. The product provides 24/7 leverage access to eligible non-U.S. investors, settles in USDC, and has no expiration dates or rollover costs. It topped $1 billion in daily trading volume in its first week, quickly climbing into the platform’s top 10 most active trading pairs. This momentum got an extra boost from SpaceX’s recent initial public offering (IPO) on Nasdaq. After the launch, retail investors widely voiced frustration over custody limits and lock-up barriers on centralized exchanges. Simon Dedic, co-founder of Moon Rock Capita

June 14 – Saudi Kingdom Holding Co. disclosed Wednesday that, per its March 31 financial filings this year, it holds 42.4 million shares of SpaceX Class A common stock, carrying a book value of $4.47 billion. At SpaceX’s last Friday closing price of $160.95 per share, the fair value of its SpaceX stake is approximately $6.83 billion (roughly 25.6 billion Saudi riyals), translating to an unrealized gain of roughly $2.36 billion versus the carrying value.

On June 14, CoinFund founder Jake Brukhman argued that AI models come with inherent centralizing tendencies—making them a prime target for government regulation and control. Anthropic’s latest export control compliance move only reinforces this trend, he noted. Brukhman pointed to decentralized networks as a critical counterbalance, offering a path to build sovereign, open, public decentralized AI. The core challenge here boils down to compute power: while it’s widely assumed only trillion-dollar tech giants can afford cutting-edge model training, abundant global GPU capacity exists. The missing piece? Developing new distributed training algorithms. He highlighted teams like Gensyn, Prime Intellect, Bagel, Pluralis, Nous Research, Macrocosmos AI, and Covenant AI pioneering this work. Early on, many wrote off distributed training as unfeasible, but the reality is it’s not only doable—it can be cheaper and nearly as efficient as traditional solutions, he explained. Another major