Blockchain Group Raises $342M With TOBAM for Bitcoin Push

Blockchain Group raised $342M with TOBAM to expand Bitcoin reserves, aiming to become Europe’s first Bitcoin Treasury Company through a structured share issuance program.
AI models still far from AGI-level reasoning: Apple researchers

Apple researchers found leading AI models like ChatGPT and Claude struggle with reasoning, failing to generalize or maintain accuracy as complexity increases, indicating AGI remains distant.
JPMorgan Warns Slowdown Gradually Seeping Up and Spreading Across US Economy Despite Job Growth Topping Estimates – The Daily Hodl

JPMorgan warns of a gradual US economic slowdown despite strong job growth, citing revised labor data and declining workforce participation as concerning indicators.
$3,900,000 To Be Handed Out on First Come, First Served Basis As US City Launches Income Assistance Program – The Daily Hodl

Richmond, Virginia launches RVA Stay Gap Grant Program, offering $1,200 housing assistance grants to low-income residents. $3.9 million available, first-come-first-served. Deadline December 31.
Michael Saylor teases fresh Bitcoin buy after $1B stock offering
Michael Saylor hints at another Bitcoin purchase for Strategy after a $1B stock offering, following recent buys totaling 580,955 BTC worth $61.4 billion.
Latam Insights: Brazil Defies Trump’s Threats; Meliuz Seeks Funding to Purchase BTC – Crypto News Bitcoin News

Brazil resists Trump’s tariff threats, Meliuz seeks funding to buy Bitcoin, and Tether invests in Chile’s Orionx. Key crypto developments in Latin America highlight regional market growth.
Billionaire BlackRock CEO Larry Fink Warns $36,000,000,000,000 Debt Will ‘Overwhelm’ America Unless Stellar Economic Growth Achieved – The Daily Hodl

BlackRock CEO Larry Fink warns US national debt, now at $36 trillion, could overwhelm the country without 3% annual growth. He suggests unlocking private capital and infrastructure improvements.
Tether CEO snubs IPO, says $515B valuation is ’a bit bearish’

Tether CEO Paolo Ardoino dismisses IPO plans, calling a $515B valuation ‘bearish’ despite USDT’s $154B market cap. He hints at higher potential amid Bitcoin and gold holdings growth.
Metaplanet ups 2026 Bitcoin target, James Wynn loses $25M BTC: Hodler’s Digest, June 1 – 7
Metaplanet increases its Bitcoin target to 100,000 BTC by 2026, while James Wynn loses $25 million in a Bitcoin bet, as reported in Hodler’s Digest.
T-Mobile Customers Begin Receiving $350,000,000 Payout After Major Hack and Class Action Settlement – The Daily Hodl

T-Mobile customers affected by a 2021 data breach are receiving payments from a $350 million settlement, with amounts ranging from $25 to $25,000, plus free identity protection services.