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Welcome to daily issue of the Boba Brief Newsletter. This is last 24hrs in crypto, macro, ai & tech world

MAJOR UPDATE

SpaceX just acquired CURSOR in a $60 billion all stock deal

CRYPTO Brief

  • OKX just integrated Chainlink data streams on X layer mainnet to unlock $80 trillion in RWA opportunity.

  • Inveniam just acquired MANTRA and will further expand the chain to digital AI ready private markets, tokenized RWA and agentic finance.

  • $ASTER upgraded its tokenomics to now 99% of platform fees to be used for buybacks; matched by equal burn from reserves as supply targets 3B.

  • Bybit added to investor alert list on Singapore’s, Monetary Authority of Singapore MAS.

  • Plasma One, a stablecoin banking app built on its own blockchain network was just launched by British neobank, Plasma.

  • Base’s new token standard, B20 was just announced by Jesse Pollak to be activated on 25th June, for stablecoins, RWAs and onchain assets.

  • According to NewYork Magazine, a fellow inmate of SBF has claimed that; SBF told him about his plans to launch his own coin once he gets out of prison.

  • Coinbase has just rolled out its AI powered investment advisor which offers real time portfolio analysis and automated tax loss harvesting to its members.

REAL WORLD Brief

  • China signs 26 financial institutions to its cross border digital yuan payment network.

  • SpaceX’s X account will be the one to break all company news rather than traditional news from now on. SpaceX has named it as the official disclosure channel per SEC filing.

  • Apple is planning to launch a foldable iphone and a camera equipped airpods in late 2027 in their 20th anniversary.

  • In Q1 alone, OpenAI has burned around $3.7 billion which is more than half of its $5.7 billion in revenue, per Information.

  • SpaceX has acquired AI coding startup CURSOR in a $60 billion all stock deal. On the other hand, FTX sold its 5% stake in Cursor for $200,000 in 2023 which now would have been worth over $3 billion after SpaceX acquisition of the company.

  • Per Axios, Microsoft is considering to add a hosted version of DeepSeek as a cheaper model option for CoPilot Cowork.

  • HPE AI Factory by HPE and NVIDIA has expanded with agentic AI capabilities, deeper full stack integration and confidential computing.

TOP COINS in last 24hrs

Plasma, Pudgy Penguins, Siren, Aster, Bitcoin, Ondo and more.

COINS I am watching

XRP $1.19

BITCOIN $64,000

BOBA BRIEF

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