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forklog.media Solana Foundation and Google Cloud Launch Payment System for AI Bots

The Solana Foundation, in collaboration with Google Cloud, has launched a payment system for AI agents called Pay.sh. Introducing https://t.co/wP8Q8614MS, in collaboration with @googlecloudFor the first time agents can discover, access, and pay-per-request for APIs from Google Cloud including Gemini, BigQuery, Vertex AI, and more using stablecoins on Solana.No accounts, no subscriptions,… pic.twitter.com/iV6Tc1t2fc— Solana Foundation (@SolanaFndn) May 5, 2026 Thanks to the open standard, agents can discover API, access them, and pay for their use with stablecoins on the Solana network. Pay.sh uses the x402 protocol as a gateway—an open AI payment standard from Coinbase. The service is compatible with a similar solution, the Machine Payments Protocol (MPP), developed by Tempo and Stripe. Users can link Solana wallets to various platforms, including Google Gemini and public systems like Openclaw, and top up their balance using credit cards or stablecoins. Subsequently, agents, whether human-controlled or autonomous, can browse the API marketplace and access services without creating an account or paying for a subscription. How It Works Pay.sh is a protocol designed for bots. An API proxy is launched on the Google Cloud Platform (GCP), which stands between the AI agent and Google Cloud's backend solutions: BigQuery for data analysis, Gemini for LLM calls, and Cloud Run for container applications. The proxy authenticates and modifies the agent's request before sending it to GCP, and also adds payments via x402 or MPP. “Your agent's Solana wallet acts as an identifier. This eliminates the need to create a Google account or manage renewable credentials. No subscriptions or minimum expenses. The agent spends exactly what it needs,” the announcement states. In addition to official Google Cloud APIs, Pay.sh will connect to over 50 community providers: communication platforms, online stores, blockchain infrastructure providers like Helius and Alchemy, as well as data services like Dune Analytics and Nansen. Agents can reach out to five sources in a single request and pay “fractions of a cent per call.” This allows them to choose the best offer and avoid dependency on a single provider. Back in April, the developers of x402 launched a marketplace for applications and services aimed at enhancing the utility of AI agents.

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forklog.media Arthur Hayes Predicts Collapse of Most Altcoins

BitMEX co-founder Arthur Hayes has stated that most altcoins will depreciate, while Bitcoin will rise to $125,000 by the end of the year. He shared this view at the Consensus Miami conference. Hayes described the impending token crash as a healthy market cleansing, comparing it to the historical rotation of companies in the S&P; 500 index since 1929. He believes the altcoin ecosystem will survive. The entrepreneur attributes the growth of the leading cryptocurrency solely to global liquidity, rather than new regulations. In his view, the adoption of the CLARITY Act will not impact the market as significantly as central bank monetary issuance. “For Bitcoin to reach $125,000, only one catalyst is needed — money printing. It's simple,” Hayes explained. He considers the leading cryptocurrency a hybrid of a tech stock and pure liquidity. Hayes expects the Federal Reserve and the US Treasury to continue injecting capital into the economy through bond purchases. This flow of money will push prices upward and offset any negative factors. Analyst's Opinion An expert under the pseudonym Darkfost noted Bitcoin's dominance rising above 61.3% as it surpassed the $81,000 mark. According to him, this indicates a continued concentration of capital in the leading cryptocurrency. BTC Breaks 81K as Dominance Rises, but Altcoins Show Early Stabilization“Trading volumes for altcoins on Binance are also showing signs of gradual recovery. Their share relative to the combined BTC and ETH volumes on Binance has increased from 31% to 49%.” – By @Darkfost_Coc pic.twitter.com/C56oeBEQuR— CryptoQuant.com (@cryptoquant_com) May 6, 2026 Despite the pressure, Darkfost sees signs of stabilization in the altcoin market. About 12% of assets on Binance have returned to the level of the 200-day moving average, although this figure was only 2.3% at the beginning of February. The expert also noted an increase in altcoin trading volumes. Their share relative to Bitcoin and Ethereum has risen from 31% to 49% over two months. Darkfost views this as a signal of returning investor interest, which could precede a phase of capital rotation. From April 27 to May 1, inflows into crypto funds fell to $117.8 million amid outflows from Ethereum.

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blockonomi.com State Street and Galaxy Launch SWEEP Tokenized Fund for 24/7 Onchain Cash Management

TLDR: State Street and Galaxy launched SWEEP, a tokenized fund for institutional onchain cash management running 24/7. SWEEP allows qualified investors to earn yield on stablecoins with continuous liquidity on blockchain infrastructure. The fund launches on Solana and will expand to Ethereum and Stellar, offering a flexible multi-chain approach. Access remains limited to institutional investors [...] The post State Street and Galaxy Launch SWEEP Tokenized Fund for 24/7 Onchain Cash Management appeared first on Blockonomi.

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news.bitcoin.com Zcash Surges Past $600 as Traders Drive 40% Spike, Flipping Monero by Market Cap

Zcash soared more than 40% on May 6, hitting a $600 peak and briefly propelling its market capitalization to $10 billion. Key Takeaways: ZEC surged 40% on May 6 to hit $600, briefly pushing its total market capitalization to $10 billion. Multicoin Capital built a major ZEC position, citing its seizure-resistant fit for the 2026 […]

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forklog.media Hacker Exploits $1.4 Million Vulnerability in Ekubo Contract

A hacker targeted a token exchange contract on EVM networks of the DeFi protocol Ekubo, as reported by the project team. There is an active security incident on Ekubo swap router contract on EVM chains only. Liquidity providers are not affected. Starknet is not affected.We are investigating the scope of the issue, but to be safe revoke all outstanding approvals: https://t.co/9vHDLVjQWP— Ekubo (@EkuboProtocol) May 5, 2026 The developers emphasized that liquidity providers were not affected. The Starknet version of the platform also remains secure. Users were advised to revoke all active approvals and warned of potential phishing attempts. According to Blockaid, the attack affected a custom auxiliary Ekubo contract on Ethereum. Experts estimated the preliminary damage at $1.4 million. 🚨Blockaid's exploit detection system has identified an on-going exploit on an @EkuboProtocol custom extension contract on Ethereum. $1.4M drained so far.Ekubo users are not at risk. Only users who have approved this specific v2 contract as a spender (any token) are at…— Blockaid (@blockaid_) May 5, 2026 Only users who had previously approved this specific v2 contract as a spender are at risk. Cause of the Breach Blockaid linked the exploit to a flaw in the callback mechanism. The auxiliary contract allowed the attacker to insert arbitrary values into the request: who pays, which token, and in what amount. The contract did not verify whether the specified payer had initiated the operation or agreed to act in this role. With an existing ERC-20 approval, the attacker could designate the victim's address as the payer, initiate a call through Ekubo Core, and force the contract to transfer tokens via the transferFrom function. Ekubo Core's settlement mechanism then transferred the stolen amount to the hacker. SlowMist's founder, known as Cos, clarified that one user had given unlimited approval to the Ekubo contract 158 days ago. The attacker initiated 85 transactions, each deducting 0.2 WBTC, ultimately withdrawing 17 WBTC from the address. Ekubo 有关合约被恶意利用：https://t.co/imw4AKey5t原因是如果用户之前将相关代币授权给：0x8CCB1ffD5C2aa6Bd926473425Dea4c8c15DE60fd 如这位用户 0x765DEC 的这笔 WBTC 无限授权（158 天前）：https://t.co/2Ubo35aBZJ攻击者可指定已授权用户作为 payer，在 payCallback 中让该合约调用… https://t.co/FDwvrJ23oR— Cos(余弦)😶‍🌫️ (@evilcos) May 6, 2026 An on-chain analyst known as Darkfost reported that the hacker sent the stolen funds to Velora, exchanged them for $404,000 in USDC, $403,000 in DAI, and 239.5 ETH, and then sent them to the crypto mixer Tornado Cash. If you use Ekubo, be cautious.Their EkuboSwap router contract has been exploited.The attacker managed to execute 85 transactions, each transferring 0.2 $WBTC to a single address.The 17 WBTC were then sent to Velora and swapped into $404K $USDC, $403K $DAI, and 239.5 $ETH.… https://t.co/vj9pubFrzJ pic.twitter.com/kD5zgWyUNP— Darkfost (@Darkfost_Coc) May 5, 2026 In April 2026, the number of hacks in the crypto industry reached a record high. Analysts at DefiLlama counted over 20 incidents in the month. The largest was the $292 million exploit of the Kelp protocol. The second largest was the attack on Drift, with damages amounting to $280 million.

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bitcoinist.com Western Union Enters Stablecoin Race With USDPT Launch On Solana

A combined 130 million people in Bolivia and the Philippines now have access to Western Union’s new digital dollar, USDPT — a US dollar-backed stablecoin running on the Solana blockchain. Related Reading: Institutional Crypto Momentum Grows As Standard Chartered Invests In GSR A Big Name Makes Its Blockchain Debut Western Union, which moves money for […]

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news.bitcoin.com Binance Launches ‘Withdraw Protection’ as Crypto Wrench Attacks Rise 75%

Binance has rolled out a new safety feature called ‘Withdraw Protection,’ letting users freeze outgoing transfers from their accounts for up to seven days, a direct response to a global surge in violent physical attacks targeting crypto holders. Key Takeaways: Binance launched ‘Withdraw Protection’ on May 4, offering users a provision to block outgoing transfers […]

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forklog.media OpenAI Introduces GPT-5.5 Instant to ChatGPT

OpenAI has launched the GPT-5.5 Instant model and begun its integration into ChatGPT. This new version will replace GPT-5.3 Instant as the default neural network and will be available to all users within two days. GPT-5.5 Instant is starting to roll out in ChatGPT.It’s a big upgrade, giving you smarter, clearer, and more personalized answers in a warmer, more natural tone.And it's also more concise, which we heard you wanted. We think you'll love chatting with it. pic.twitter.com/HSQOhjqxp7— OpenAI (@OpenAI) May 5, 2026 “This is a significant upgrade, providing smarter, clearer, and more personalized responses in a friendly and natural tone,” the announcement stated. GPT-5.5 Instant's responses have become more concise and accurate, particularly in medicine, law, and finance. The model performs better in everyday tasks: image analysis, natural sciences, mathematics, and engineering queries. In internal evaluations, GPT-5.5 Instant produced 52.5% fewer incorrect answers compared to GPT-5.3 Instant. The number of inaccurate statements in particularly complex dialogues was reduced by 37.3%. Comparison of GPT-5.5 Instant and GPT-5.3 Instant in various tests. Source: OpenAI. “GPT-5.5 Instant is generally a smarter model, better at handling everyday tasks,” the announcement stated. LLM independently determines when it makes sense to consult the internet. Memory and personalization features have been improved: ChatGPT now more effectively considers context from saved data, past chats, files, and connected Gmail accounts. Users can see which data was used and can update, delete, or disable it. Personalization updates are gradually appearing for Plus and Pro plan holders in the web version; mobile app support will follow later. OpenAI's Comeback OpenAI has significantly strengthened its position in programming—a field where the company traditionally lagged behind competitors. The number of downloads of its Codex solution rose from 5 million to 86 million in five days, surpassing downloads of Claude Code. Downloads of Anthropic's tool from April 27 to May 3 decreased from 11.8 million to 7.2 million, according to TickerTrends data. Source: TickerTrends. The service records the number of npm package downloads for the Node.js platform, not the number of unique application users. In mid-April, OpenAI released a major update to Codex. The AI agent for programming gained the ability to use applications on a computer: it can see the screen, click the mouse, and enter text. An integrated browser was added to the application, where users can leave precise instructions for the assistant directly on the pages. On April 30, the company launched the /goal command—an analogue of the Ralph Loop plugin in Claude Code. This feature allowed Codex to plan and execute multi-step tasks across several sessions. On May 1, Codex introduced “pets”—a kind of “Tamagotchi” displaying the activity and status of the AI agent. Anthropic's situation is different. At the end of March and beginning of April, Claude users began to complain about bans—including paid accounts. Reasons included connecting OpenClaw and registering from an unsupported region. Users also report increased token consumption. This is linked to the new tokenizer and the implementation of “adaptive thinking.” Back in early April, shares of AI startup Anthropic became the most sought-after on the secondary market, while OpenAI's stocks lost appeal to buyers.

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cryptobriefing.com Danny Dayan: Recent rate cuts were a policy mistake, unchecked inflation could lead to parabolic rises in risk assets, and the Fed misjudged labor supply dynamics | Forward Guidance

Recent Fed rate cuts are seen as a mistake, potentially fueling inflation and boosting risk assets. The post Danny Dayan: Recent rate cuts were a policy mistake, unchecked inflation could lead to parabolic rises in risk assets, and the Fed misjudged labor supply dynamics | Forward Guidance appeared first on Crypto Briefing.

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bitcoinist.com Drift Protocol Releases Recovery Plan After $295 Million Exploit—Key Details

Drift Protocol announced on Tuesday that it has laid out a recovery plan for users affected by the April 1 exploit, an incident that resulted in a major loss of roughly $295 million in user funds on the lending decentralized exchange (DEX). Drift Protocol’s $295M Recovery Plan Drift Protocol’s plan centers on a recovery token […]

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forklog.media State Street and Galaxy Launch Tokenized Fund on Solana

Financial giant State Street and Galaxy have launched the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) — a tool for 24/7 liquidity management using stablecoins. The total market value of stablecoins has exceeded $300 billion, with a 0.22% increase over the past 30 days. Source: RWA.xyz. The fund operates on Solana; plans include support for Stellar and Ethereum. Galaxy provided the technological foundation for tokenization. Investors can use the stablecoin PYUSD for subscribing to and redeeming fund shares. The tool is available to qualified investors. According to RWA.xyz, PayPal's stablecoin capitalization stands at $2.7 billion. Source: RWA.xyz. The project's infrastructure includes solutions from Chainlink for publishing net asset values and cross-chain interactions. State Street Bank acts as the custodian of securities, while Anchorage handles the custody of digital assets. State Street representatives described the launch as a significant step in the company's strategy to implement blockchain solutions for institutional clients. Galaxy's CEO, Mike Novogratz, added that SWEEP is a practical example of the convergence of traditional finance and cryptocurrency. Back in September 2025, Galaxy tokenized its own GLXY shares on Solana, partnering with Superstate for the initiative. In December, JPMorgan issued tokenized commercial papers worth $50 million on the "people's cryptocurrency" network for Novogratz's company.

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forklog.media Strategy Considers Bitcoin Sale Amid $12.7 Billion Quarterly Loss

Strategy may sell a portion of its bitcoin holdings to pay dividends on perpetual preferred shares of STRC, according to the firm's founder, Michael Saylor.  Tune into @Strategy's Q1 Earnings Call live now on X. We'll cover:-Q1 financial results-Digital Credit $STRC-Digital Equity $MSTR Followed by a live Q&A;!https://t.co/j4rKKAvU0A— Strategy (@Strategy) May 5, 2026 STRC is a component of Strategy's "digital credit" strategy. The company issues high-yield securities, attracting capital from income-focused investors, and then uses the funds to purchase bitcoin. Since its inception, the instrument has generated approximately $8.5 billion for the firm. STRC dynamics. Source: STRC.live.  Dividends on such securities are a regular obligation. Strategy has primarily financed bitcoin purchases through the issuance of shares and debt instruments, but now the company has more flexibility, its management emphasized during the first-quarter earnings call.  Top executives noted that if necessary, dividends could be covered not by selling MSTR shares, but by a small portion of bitcoin reserves. "We will likely take this step to finance dividends, [...] to make it clear that we have done so. Everyone will understand that the organization is fine, bitcoin is fine, the industry is fine, the world has not collapsed," Saylor noted. He added that with the current treasury volume, the asset needs to appreciate by about 2.3% annually for Strategy to cover STRC dividend obligations from its reserves without selling common shares. Shift in Position and Financial Results  Previously, Saylor had repeatedly emphasized that the company did not intend to sell bitcoins and was building a strategy around the long-term accumulation of the first cryptocurrency. The firm's CEO, Phong Le, clarified that Strategy would sell coins if it benefits the business. The goal, he said, remains the same: to increase reserves, boost the number of bitcoins per share, and remain a net accumulator of digital gold. Currently, Strategy holds 818,334 BTC (approximately $66.6 billion). In the first quarter, the company acquired 89,599 BTC, and at the beginning of the second quarter, an additional 56,235 BTC. Source: BitcoinTreasuries.  The firm reported a net loss of $12.77 billion for the first three months of 2026. The main reason was "paper" losses from the revaluation of bitcoin reserves amid a decline in the asset's price.   MSTR shares closed the latest session at $186.9, gaining 1.7% for the day. Over the past month, the shares have risen by 46%, but remain down 26.7% over six months. Source: Yahoo Finance.  Back in December 2025, Strategy created a $1.44 billion reserve for dividend payments. At that time, the company confirmed for the first time its readiness to sell part of its bitcoins. 

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bitcoinist.com Spain’s Sabadell To Join Qivalis Consortium For Major Euro Stablecoin Push

Spanish bank Sabadell is the latest to join a consortium of European banks seeking to launch a euro-pegged stablecoin to make transactions more efficient and increase the dominance of Europe’s digital assets market. Related Reading: WLFI Drama Escalates: World Liberty Sues Justin Sun Over ‘Reckless’ Smear Campaign Sabadell Joins European Banking Consortium On Tuesday, Spain’s […]

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news.bitcoin.com Strategy May Sell Bitcoin to Fund Dividends, Saylor Breaks From ‘Never Sell’ Stance

Michael Saylor has signaled that Strategy, the world’s largest corporate bitcoin holder, may sell a portion of its BTC to meet preferred stock dividend obligations, a significant departure from the firm’s founding promise to never liquidate its cryptocurrency reserves. Key Takeaways: Saylor said Strategy may sell BTC to pay dividends in May 2026, reversing its […]

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blockonomi.com Bitcoin Breaks $81K: BTC Dominance Tops 61% as Altcoins Show Early Signs of Recovery

TLDR: Bitcoin has gained roughly 36% since its February 6 low, breaking above the $81,000 price level. BTC dominance has surpassed 61.3%, returning to levels last recorded in November 2025 amid tight capital flows. Altcoins reclaiming their 200-day MA on Binance rose from 2.3% to 11.7%, breaking a downtrend since October 2025. Altcoin trading volume [...] The post Bitcoin Breaks $81K: BTC Dominance Tops 61% as Altcoins Show Early Signs of Recovery appeared first on Blockonomi.

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