Head of Grayscale Research advises Strategy to sell over $3 billion worth of Bitcoin to improve its capital structure and restore market confidence.

OpenAI is considering delaying its initial public offering (IPO) to 2027, a shift from the market’s earlier expectation of a fourth-quarter 2026 listing. Reports say OpenAI confidentially filed its S-1 document back in May this year, but due to factors including the cooling tech stock market and waning hype around SpaceX’s IPO, the company is leaning toward slowing down its listing pace while keeping its valuation target of roughly $1 trillion. Meanwhile, Anthropic closed a new financing round in May, lifting its valuation to around $965 billion, and has also submitted a confidential S-1 filing—marking the first time its private valuation has surpassed OpenAI’s. The report also notes that the U.S. government is ramping up regulation of cutting-edge AI models. Earlier, Anthropic’s Mythos 5 and Fable 5 were temporarily taken offline due to export controls; Mythos 5 has since been cleared for re-access by roughly 100 U.S. critical infrastructure entities, while Fable 5 remains unavailable. Separately, OpenAI has adopted a phased rollout strategy for its GPT-5.6 model at the U.S. government’s request. Analysts argue that as OpenAI and Anthropic approach trillion-dollar valuations, the U.S. government is emerging as a critical influencer shaping the release, deployment, and commercialization of cutting-edge AI models.

According to CNN, former U.S. President Joe Biden recently delivered a speech at a Democratic fundraiser in Maryland, launching his harshest public criticism of Donald Trump since leaving office. Biden mocked Trump for pushing to demolish the White House East Wing to build a banquet hall and name the John F. Kennedy Center for the Performing Arts after himself, calling Trump "What a loser". He also accused the Trump administration of "unprecedented corruption in American history" and slammed Trump’s plan to use taxpayer funds to compensate participants in the January 6, 2021 Capitol riot, noting that these people "deserve long prison sentences, not compensation". The speech was delivered on the second anniversary of Biden and Trump’s CNN presidential debate, marking his most direct public attack on Trump since stepping down. Biden said he will continue to fight for the Democratic Party and the United States, urging supporters to "stand up and keep fighting".

According to official announcements, the root cause of two consecutive outages last week on Base, Coinbase’s Layer 2 network, has been identified as a software bug in the sequencer’s block-building logic. Base’s engineering team explained that when an invalid transaction fails to execute, the associated temporary state (Journal State) should be cleared, but a software flaw incorrectly retained the old state, preventing the sequencer and validator nodes from producing new blocks. On June 26, Base’s mainnet experienced two consecutive block production outages as a result: the first lasted 116 minutes, and the second 20 minutes. The team noted that while a patch fixed the sequencer state update issue, a race condition emerged after the system restart, preventing the sequencer from resynchronizing in time and triggering the second outage. Additional infrastructure issues also prolonged the total recovery time. Base said it will strengthen protocol fuzz testing to improve its ability to detect vulnerabilities in edge-case input scenarios, and optimize network recovery mechanisms to eliminate the need for manual validator node restarts during future similar incidents. Notably, this is not the first time Base has suffered a sequencer-related outage: the network previously faced outages of roughly 17 minutes in September 2024 and 30 minutes in August 2025. As of now, Base remains the second-largest Ethereum Layer 2 network by total value secured (TVS).

According to GMGN data, Solana ecosystem meme coin ANSEM briefly exceeded $32 million in market capitalization before pulling back to $24 million. The token has recorded a 115x 24-hour price surge, with its 24-hour trading volume reaching $21.2 million. Today, crypto KOL Ansem announced on social media that due to Pump.fun’s "refusal to distribute funds (airdrop)", he was forced to send "stimmy" (stimulus funds) to "the on-chain trenches" — a term referring to on-chain meme coin traders. BlockBeats reminds users: Most meme coins lack real use cases and are highly volatile. Please protect your assets and avoid FOMO.

Crypto KOL Ansem stated on social media that, as Pump.fun "refused to distribute funds", he had to send a "stimmy" (stimulus fund) to "the trenches" — a term referring to on-chain meme coin traders. Subsequently, crypto community user NotSoEasyMoney replied, asking Ansem to "transfer tens of thousands of dollars to him". Ansem playfully responded: "Sure, on the condition that you agree to post bullish calls with me."

U.S. President Donald Trump posted a statement saying: "Regarding Margot Hagman’s book about me, based on a very brief and dry briefing, the book is essentially all made up, fake news, and mostly fictional—much like most of her writings about me over the years. She is a third-rate writer with third-rate intelligence, yet she earns top-tier income thanks to your favorite president, which is me. She was dead wrong about me on election matters, even though she knew I would win by a landslide; she was dead wrong on the Russia, Russia, Russia hoax; she was dead wrong about nearly everything. But she continues to spew garbage, and people still keep falling for it. Remember: I won the election, by a landslide. Also, Iran will never have nuclear weapons!!!"