Brought to you by:

Hey, welcome to today's Bay Area Times daily newsletter. If you haven't yet already, follow us on Twitter!

Top stories today:
1. SEC sues Coinbase, alleging it failed to register with the agency
2. SEC requests an order to freeze Binance US's assets
3. Chart: mega-cap tech has led the S&P, rising 53% and 11% YTD
4. Tucker on Twitter: 1st show accuses Ukraine of “probably” blowing up dam

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

0. Data and calendar

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

Keep reading

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model

Grok 4.6 debuts as SpaceXAI takes on OpenAI, Anthropic

CoreWeave +18% as Q2 revenue +112% YoY to $2.6B, backlog reaches $104B

SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

0. Data and calendar

1. SEC sues Coinbase, alleging it should have registered its securities sales and as an exchange, broker, and clearing agency

Subscribe to keep reading

Keep reading

Stripe said to finalize $7B+ OpenRouter acquisition as AI model switching grows

Gemini 3.7 Flash debuts as Google’s strongest coding model

Grok 4.6 debuts as SpaceXAI takes on OpenAI, Anthropic

CoreWeave +18% as Q2 revenue +112% YoY to $2.6B, backlog reaches $104B