Stader Labs has announced the discontinuation of MaticX and users are required to complete the redemption by August 3rd.
**Stader Labs Discontinuing MaticX Operations, Unveils Redemption Timeline**
June 13 — Liquidity staking protocol Stader Labs has officially announced it’s winding down MaticX. Starting today, MaticX will stop accepting new deposits and enter a “claim-only” state. Users can still redeem their MATIC holdings through the existing interface for now.
The official MaticX DApp will be permanently taken offline on August 3, 2026. After that date, users won’t be able to use the web frontend and must complete all redemptions directly via Etherscan through Ethereum’s smart contract.
A MaticX staking contract upgrade is scheduled for June 12–19, 2026. Around June 19, the exchange rate between MaticX and MATIC will lock in permanently — this will serve as the final settlement rate for all future redemption requests. Users who’ve already redeemed assets before this change won’t face any disruptions. Unredeemed users can keep claiming via the existing DApp or Etherscan, while redemption req
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SIREN Whale Sells 118 Million Tokens, Causing Price to Drop Over 70%
June 13th – Per Ember Monitor, the SIREN whale has sold approximately 118 million SIREN tokens in exchange for 18 million USDT starting from 10:00 AM today, triggering a sharp price plunge for SIREN. Bitget market data shows SIREN is currently trading at $0.132, with a 73.39% decrease over the past 24 hours.
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a16z Co-founder: Against Regulatory Strangulation of AI Innovation, But Supports Establishing New Era Trust and Security Guardrails
June 13: Marc Andreessen, co-founder of venture capital firm a16z, is clarifying his stance on U.S. AI regulation. He’s outspoken in opposing rules drawn up by non-technical individuals, clunky approval processes, or onerous compliance requirements that stifle innovation, letting big corporations lock down the market and block new entrants. Overregulation, he argues, burdens startups with red tape and steep compliance costs—driving top talent to more open regions while regulatory agencies overexpand beyond their original goals.
Andreessen is particularly critical of centering regulation on the precautionary principle, warning that overemphasizing it could push society to reject new technologies over hypothetical risks. He notes many regulatory measures only take root after tech and industries have already shifted fundamentally, making them ineffective at solving real issues and more like roadblocks to innovation. He even attributes Europe’s recent lag in tech innovation to its overreg
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Informant: SK hynix is inclined to choose to list on the Nasdaq
June 13 (Reuters) – South Korean memory chip giant SK Hynix plans to list its shares on the U.S. Nasdaq exchange, according to two sources familiar with the matter. The global leading memory chip maker aims to capitalize on strong investor appetite for AI-related stocks to list on the tech-heavy exchange.
The listing could take place as early as August. SK Hynix’s stock has surged roughly 230% this year, driving its market capitalization to top $1 trillion in May. The U.S. listing is expected to expand the company’s investor base and boost its visibility in global capital markets.
Sources said SK Hynix ultimately chose Nasdaq over the New York Stock Exchange (NYSE). Since the information is not yet public, the two sources requested anonymity. SK Hynix declined to comment on the matter, and Nasdaq did not immediately respond to requests for comment outside regular business hours.
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The US Bitcoin Spot ETF experienced a net outflow of $319.3 million this week, with IBIT seeing an outflow of $355 million.
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Analysis: US Government Restrictions on Foreign Nationals Accessing Anthropic's Latest Model Could Impact Its IPO Outlook
June 13 — According to a report from Fortune, Anthropic has completely shut down access to its latest AI models, Fable 5 and Mythos 5. The move follows the U.S. Department of Commerce invoking national security export control rules to bar the firm from granting access to any foreign national. The order applies not only to people outside the U.S., but also to non-U.S. citizens residing within the country, plus Anthropic’s own non-U.S. national employees.
Anthropic said the directive’s broad scope left it with no other option than disabling access to those models for all users. However, less powerful models like Claude Opus 4.8 remain unaffected.
The policy has sparked fierce pushback across the AI industry and among policy experts. Some frame it as another punitive step from the Trump administration against Anthropic. The Trump White House had earlier ordered federal agencies to stop using Anthropic’s models and labeled the company a "supply chain risk."
AI policy expert Dean Ball no
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