The rebound in blank-check companies is becoming a useful route to public markets for firms tied to the artificial intelligence data-center build-out, veteran SPAC dealmaker Betsy Cohen said, according to Bloomberg.

Iran’s deputy foreign minister said Iran did not hold a meeting with International Atomic Energy Agency Director General Rafael Grossi in Switzerland, despite Grossi’s request. According to Jin10, the official also said there were no specific arrangements regarding access to the attacked facilities or nuclear materials.

Shandong Sacred Sun Power Sources Co., Ltd. said its shares were flagged for abnormal trading volatility after the cumulative deviation in closing-price gains exceeded 20% over two consecutive trading days on June 23 and June 24. According to Jin10, the company said it has noted market attention on its businesses related to liquid-cooled energy storage systems, sodium-ion batteries, and solid-state batteries. The company said its liquid-cooled energy storage system products are in the market-oriented promotion stage. It added that projects it has won bids for have not yet completed delivery and have not generated revenue. Shandong Sacred Sun said its sodium-ion battery and solid-state battery products are in a pilot application stage and have not produced revenue. It added that mass production would still require a relatively long cycle and that these businesses are not expected to have a material impact on its operating performance in the short term. The company also said its controlling shareholder has no major matters that should be disclosed but have not been disclosed.

Three candidates endorsed by Zohran Mamdani won Democratic congressional primaries on Tuesday, signaling growing strength for the coalition that helped propel the New York City mayor to a surprise victory last year, according to Bloomberg. Rep. Mike Lawler of New York discussed the results on Bloomberg’s Balance of Power, along with US President Donald Trump canceling the signing of the housing bill.

Deutsche Bank warned gold could fall to about $3,800 an ounce if the Federal Reserve delivers three to four rate hikes, deepening the metal’s slide. In a note published on Tuesday, according to BeInCrypto, the bank cut its forecasts to $4,300 per ounce in the third quarter and $4,800 in the fourth quarter, with analyst Michael Hsueh saying the Q4 view assumes rates stay unchanged. Deutsche Bank follows Goldman Sachs, which cut its year-end target to $4,900 from $5,400. Spot gold traded near $4,088 on Wednesday.

Cambridge Technology said its production and business operations are normal and that it is not aware of any material matters that could have caused abnormal fluctuations in its share price. According to Jin10, the company issued an announcement on June 24 addressing unusual movements in its stock trading. Cambridge Technology said its main business covers the research, production, and sales of communications connectivity terminal equipment and high-speed optical modules used in telecommunications, data communications, enterprise networks, and home networks. It added that industry development is closely tied to global communications technology upgrades and downstream customers’ capital expenditure plans. The company said potential risks include future adjustments to industry policies, weaker-than-expected market demand, shortages of key raw materials, or sharp increases in raw material prices. It said these factors could adversely affect its operations, product costs, and profitability.

US stocks gave back earlier gains as dip-buying in chipmakers and other technology shares stalled, according to Bloomberg. The pullback came despite speculation that lower oil prices and a weaker housing market may ease pressure on the Federal Reserve to raise interest rates.

SBI VC Trade has listed Ripple USD (RLUSD) in Japan, setting a per-transaction limit of roughly $6,200. According to NS3.AI, RLUSD is Japan’s first Type 4 electronic payment instrument under the country’s revised Payment Services Act. SBI VC Trade said it currently supports deposits and withdrawals for RLUSD only on Ethereum. The report added that other blockchains could be approved in the future, though regulators have not provided a timeline.

Influential figures in Andy Burnham’s entourage have urged the would-be prime minister to break up the UK Treasury to refocus the government’s agenda on growth, according to Bloomberg. The group is also looking at reforms to the Bank of England, Bloomberg reported.

Former Tricolor Holdings Chief Operating Officer David Goodgame told a judge he will plead guilty to multiple criminal counts tied to the used-car dealer and lender’s collapse last year, according to Bloomberg.

Strategy is the world's largest publicly traded Bitcoin holder and the creator of the once phenomenal positive spiral of Bitcoin, but now it shows signs of entering a death spiral.

Nearly 100 Catholic leaders and four US law enforcement groups have opposed a key part of the CLARITY Act, warning it could weaken efforts against human trafficking and crypto crime. The growing backlash has added pressure on the bill ahead of a Senate vote.

MoonPay has acquired AI accounting start-up Entendre to expand beyond crypto payments and automate back-office financial operations.

A New York man was jailed for 15 months after using fake Telegram accounts to steal more than $1.4 million in a crypto scam. He promised staking rewards, never invested the funds, and authorities recovered most of the money.

Scammers are using fake GTA 6 websites to trick gamers into sending cryptocurrency for non-existent early access downloads. The sites imitate official stores, charge around $250, and leave victims with no way to recover their money.

Prediction market platform Kalshi has added India to its list of restricted jurisdictions, expanding its blocked regions to a total of 55, according to an updated members’ agreement released on Wednesday.

A warning from Binance co-founder Yi He about an alleged impersonator has escalated into a broader controversy involving crypto derivatives exchange CoinUp, highlighting how quickly reputation battles can spread across the industry.

Google is supporting AI startups, including those founded by former employees, with up to $350,000 in cloud credits, technical guidance and access to its infrastructure without taking equity.

A New York attorney is pressing a state judge to force an anonymous plaintiff to reveal their identity in an extraordinary case seeking legal ownership of roughly 3.8 million Bitcoin, including coins associated with Bitcoin’s pseudonymous creator Satoshi Nakamoto.

South Korea is moving its Project Hangang digital currency from testing into real banking and payment systems, including government use. Banks support the idea but warn it will be costly and require major system upgrades.