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cryptobriefing.com Joe Lonsdale: Religious persecution in Nigeria is a critical global issue, Iran’s destabilizing influence on Lebanon, and the US is poised for a nuclear energy resurgence | Shawn Ryan Show

Religious tensions in Nigeria highlight the global impact of extremist groups and geopolitical instability. The post Joe Lonsdale: Religious persecution in Nigeria is a critical global issue, Iran’s destabilizing influence on Lebanon, and the US is poised for a nuclear energy resurgence | Shawn Ryan Show appeared first on Crypto Briefing.

forklog.media Anthropic Empowers Claude with ‘Dreaming’ for Self-Learning

Anthropic has updated its platform for managing agents. The Claude service now features 'dreaming', outcome evaluation, and orchestration of multiple bots. Dreaming enables agents to analyze past sessions and identify patterns in their operations. The system detects recurring errors and successful scenarios, updating algorithms based on these insights without human intervention. Users can set the AI's memory to update automatically or approve changes manually. Developers have also introduced Outcomes and Webhooks tools. Application creators can now set quality criteria for agent performance. A separate 'evaluator' checks results against these standards independently of the main task execution process. If the outcome does not meet the standard, the agent proceeds to correct errors. According to Anthropic, Outcomes has increased the efficiency of complex task execution by 10%. The quality of document generation in .docx and .pptx formats has improved by an average of 9%. The third update involves the orchestration of multiple agents. A 'lead' AI can delegate subtasks to specialized agents: one analyzes code deployment history, another reviews error logs, and a third handles support tickets. They all work concurrently on a shared set of files. Harvey and Netflix Test Updates The new features are already being tested by the company's partners. The Harvey platform uses Dreaming for preparing legal documents, increasing task completion speed sixfold. The Netflix team has employed the multi-agent system for analyzing application build logs. The Dreaming feature is available in preview mode upon request. Outcomes and multi-agent orchestration have entered public beta testing. Back in May, Anthropic co-founder Jack Clark predicted the emergence of 'self-developing AI' by 2028.

news.bitcoin.com The Alchemy Chain Mainnet is Live

This sponsored press release was provided by Alchemy Pay and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Alchemy Pay today announced the launch of the Alchemy Chain mainnet, marking a major milestone in its evolution toward building a globally compliant stablecoin payment […]

news.bitcoin.com DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report

Federal investigators are examining oil futures trades totaling more than $2.6 billion. The Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are probing large bets placed before Iran-related announcements from President Donald Trump and Iranian Foreign Minister Abbas Araghchi. DOJ and CFTC Probe Oil Futures Bets Before Iran Updates The Department of Justice […]

bitcoinmagazine.com ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation & DMND Join Stratum v2 Working Group

Bitcoin Magazine ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation & DMND Join Stratum v2 Working Group Stratum v2 Working Group announces new cohort of members, including ANTPOOL, Foundry, and others. This post ANTPOOL, Block Inc, F2Pool, Foundry, Spiderpool, MARA Foundation & DMND Join Stratum v2 Working Group first appeared on Bitcoin Magazine and is written by Shinobi.

cryptobriefing.com Joe Lonsdale: Religious persecution in Nigeria is a critical global issue, Iran’s destabilizing influence on Lebanon, and the US is poised for a nuclear energy resurgence | Shawn Ryan Show

Religious tensions in Nigeria highlight the global impact of extremist groups and geopolitical instability. The post Joe Lonsdale: Religious persecution in Nigeria is a critical global issue, Iran’s destabilizing influence on Lebanon, and the US is poised for a nuclear energy resurgence | Shawn Ryan Show appeared first on Crypto Briefing.

blockmanity.com DTCC Targets High-Performance L1 Blockchains for Tokenization: Scalability Challenges Ahead

DTCC Targets High-Performance for Tokenization: Scalability Challenges Ahead Big news from the world of finance and blockchain. The Depository Trust & Clearing Corporation (DTCC), a key player in global markets, is teaming up with top to power its new tokenization […] The post DTCC Targets High-Performance L1 Blockchains for Tokenization: Scalability Challenges Ahead appeared first on Blockmanity.

forklog.media Tokenised US Treasuries on Ethereum hit a record $8bn

The market for tokenised US Treasuries on Ethereum has hit a new all-time high. The segment’s market capitalisation reached $8bn, according to Token Terminal. The market cap of tokenized U.S. Treasuries on @ethereum is at an ATH of ~$8 billion, up ~100% over the past six months.Key drivers of growth: BUIDL (Securitize), JTRSY (Centrifuge), iBENJI (Franklin Templeton), WTGXX (WisdomTree), USDY (Ondo Finance), and USTB (Superstate). pic.twitter.com/WNE56wSyhE— Token Terminal 📊 (@tokenterminal) May 5, 2026 The tally has doubled over the past six months. Key drivers include: BUIDL (Securitize); JTRSY (Centrifuge); BENJI (Franklin Templeton); WTGXX (WisdomTree); USDY (Ondo Finance); USTB (Superstate). Treasuries remain among the most sought-after asset classes in the segment. US government bonds are widely regarded as the world’s most stable and liquid investment instrument. Tokenisation via XRP Ledger JPMorgan and Mastercard carried out the first cross-border redemption of a tokenised Treasuries fund via the Ripple blockchain. As part of the pilot, Ondo Finance settled an OUSG transaction on the XRP Ledger. Mastercard’s Multi-Token Network sent instructions to JPMorgan Kinexys, and dollars were credited to Ripple’s account in Singapore. Ondo called it the first instance of a public blockchain and global banking infrastructure settling a tokenised fund together in real time. Thrilled to work with the teams at JP Morgan, Ripple, and Mastercard on this. This is how crypto and tradfi rails come together: the first time tokenized tbills are settled cross border and banks, near real time. Go in real time from tokenized tbills in bank in country 1 —>… https://t.co/hyuzJ4E9Me— Ben Grossman (@ben_grossman) May 6, 2026 The pilot extends experiments that JPMorgan and Ondo began in May 2025, when they tested moving tokenised bonds across public networks. Still early days According to analysts at Pantera Capital, the market for tokenised assets remains a long way from a fully fledged on-chain financial system. Even so, the segment’s capitalisation has reached $31.1bn. Source: RWA.xyz. The fund assessed 524 digitised assets across 11 categories using its Tokenization Progress Index (TPI), which rates project maturity on a 1–5 scale. The market average was just 2.04. Pantera estimates: around 77.6% of assets are still wrappers atop traditional infrastructure; 11.1% use a hybrid model; only 2.7% can be deemed truly native on-chain instruments. Analysts likened the industry’s state to the early internet — “a newspaper on a website” — when new technologies replicate old models rather than create new formats. Pantera argues that most issuers still port traditional financial products to blockchains without tapping core advantages: programmability, composability, instant settlement and automated asset management. The sticking points Experts highlighted the main challenges facing the RWA segment: dependence on custodians and centralised intermediaries; limited issuance and redemption mechanisms; weak integration with DeFi; low process automation. According to the report, 91.1% of assets still use closed issuance and redemption models. Only 13 projects have achieved near-fully autonomous mint-and-burn mechanics. Only 10.6% of assets have meaningful DeFi composability. The exception remains stablecoins. Pantera called “stable coins” the only segment that has already achieved large-scale real utility in the on-chain economy. Growth nonetheless Growth continues to accelerate. In 2025, 168 new tokenised assets launched — up from 78 a year earlier. The total market size jumped from roughly $200bn to $320bn. Source: Pantera. Stablecoins remain the key segment. Tokenised US Treasuries are also growing quickly alongside them. But Pantera stressed that true maturity will come only when such assets stop being digital facsimiles and fully exploit the advantages of blockchain. Kraken’s view A similar assessment came from Kraken co-CEO Arjun Sethi in a conversation with The Block. He said tokenised equities are unlikely to change how large US financial institutions operate overnight. He noted that the exchange’s xStocks product has processed roughly $5bn in transactions since its launch in June 2025. Sethi called RWA the next stage of crypto-market development after bitcoin, altcoins and stablecoins. But he warned that even clearer regulation in the United States will not trigger instant mass adoption by banks, brokers and other players. “I don’t think this will open the floodgates the way many expect. Brokers, banks and institutions will not change their collateral systems in a day,” he said. Sethi added that demand for tokenised equities is currently strongest among fintech companies outside the US — in Mexico, Brazil, and countries in Africa and South-East Asia. Broad adoption of such instruments is five to ten years away, he reckons. In May, Ethereum co-founder Joseph Lubin predicted a full shift of the global economy on-chain.

blockonomi.com Roche Holding AG (RHHBY) Stock Climbs on $750M PathAI Deal to Advance AI-Driven Cancer Diagnostics

Roche (RHHBY) stock rises 1.55% following announcement of PathAI acquisition for $750M, enhancing AI-powered cancer diagnostics and digital pathology capabilities. The post Roche Holding AG (RHHBY) Stock Climbs on $750M PathAI Deal to Advance AI-Driven Cancer Diagnostics appeared first on Blockonomi.

blockmanity.com Basel III Risk Cuts Could Ignite Bitcoin Liquidity Boom, Top Analysts Predict

What If Banks Could Finally Dive Deep into Bitcoin? Imagine a world where big banks pour cash into Bitcoin without jumping through endless hoops. That’s the exciting possibility on the horizon. rules, which set how much capital banks must hold […] The post Basel III Risk Cuts Could Ignite Bitcoin Liquidity Boom, Top Analysts Predict appeared first on Blockmanity.

bitcoinist.com Strategy Selling Bitcoin ‘Isn’t A Bad Thing,’ Samson Mow Says

Samson Mow has pushed back against the idea that Strategy selling Bitcoin would necessarily undermine its treasury thesis, arguing that Bitcoin treasury companies need flexibility to protect shareholders and manage public-market pressure. In a May 7 post on X, Mow said the debate around corporate Bitcoin treasuries has become too rigid. While many Bitcoin holders […]

news.bitcoin.com ‘Fully Invested’: Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market

John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced […]

forklog.media CryptoQuant Labels Bitcoin Bottom Predictions as “Just Theory”

Bitcoin has yet to reach a local minimum, as the price must navigate several resistance zones with a high concentration of loss-making positions. This assessment was provided by a CryptoQuant contributor known as IT Tech. "The bottom is in." Everyone's saying it“For the bottom to be confirmed, price needs to clear 88.88K and hold — not wick through, not retest and fail. That puts the most recent cohort back in profit and removes the first layer of sell pressure.” – By @IT_Tech_PL pic.twitter.com/woRJLa6UTs— CryptoQuant.com (@cryptoquant_com) May 7, 2026 The analyst identified three groups of long-term holders who purchased cryptocurrency at local peaks: investors (3-6 months): average purchase price — $88,888; 12-18 months: $93,450; 6-12 months: $111,850. These levels act as barriers to growth. When quotes approach the entry price, market participants aim to close deals without loss, creating selling pressure. IT Tech considers the $88,880 level crucial. Holding above this mark would return recent buyers to profit and significantly reduce market pressure. As long as Bitcoin trades below this threshold, any rise into the $85,000-88,000 range is viewed by the analyst as a temporary rebound. In his view, discussions of a bottom remain theoretical, as data does not support them. Bitcoin Rises to $85,200 Analysts at Glassnode noted that the first cryptocurrency's quotes have surpassed the True Market Mean ($78,200) and the average purchase price of short-term holders ($79,100). If the price holds at these levels, the period of the asset being "deeply undervalued" will become one of the shortest in history. Glassnode identified $85,200 as the next growth target. Experts noted improvements in the market: profitability: the net profit and loss indicator has turned positive; ETF: recording net capital inflow for the fifth consecutive trading session, Ethereum funds have remained in the black for four days; futures: funding rates remain negative.  Long-term investors have begun to show activity: they are realizing profits of about $180 million per day. This is significantly less than the peak values of the cycle ($1 billion), so the selling pressure is currently assessed as moderate. In the options market, a large "negative gamma" cluster has formed around $82,000. Upon reaching this mark, volatility may spike sharply: dealers will be forced to hedge positions, amplifying any price movement. Market Overheating Sentiment in the Bitcoin community has peaked for four months amid Bitcoin's rise above $80,000. According to Santiment, for every 1.37 positive mentions of the asset on social media, there is only one negative. 🙌 Bitcoin’s social sentiment has surged alongside its latest price rebound, with Santiment data showing a 1.37 bullish vs. 1.00 bearish commentary ratio across social media. This marks the highest level of positive crowd sentiment in roughly 4 months, signaling that traders are… pic.twitter.com/hR24lJyg5Y— Santiment Intelligence (@SantimentData) May 6, 2026 Traders have ceased to fear macroeconomic factors and geopolitics. Fear has been replaced by expectations of further growth. Analysts reminded that historically, quotes often move contrary to the majority's expectations. When the market is dominated by FOMO, the risk of forming a local peak and subsequent correction increases. For comparison, in mid-April, amid the Kelp hack, pessimism dominated social media. This created conditions for a rebound — the market was cleared of "weak hands." Experts advise monitoring signs of excessive leverage and overconfidence among players — crowd unanimity often precedes a spike in volatility. Earlier, on May 5, K33 Research specialists noted: prolonged pessimism in the market creates conditions for further growth. 

forklog.media Seoul Temple Ordains Robot as Buddhist Monk

On May 6th, a Buddhist ceremony in Seoul saw a humanoid robot take vows and become a monk. South Korea's first humanoid robot monk made its debut at Jogye Temple in Seoul, ahead of Buddha's birthday. Gabi, the 130-centimeter-tall robot, wore a traditional grey-and-brown Buddhist robe and stood before monks as it pledged to devote itself to Buddhism pic.twitter.com/NDzDANRkhl— Reuters (@Reuters) May 6, 2026 The robot, named Gabi, stands 130 centimeters tall and is a creation of the Chinese company Unitree Robotics. During the ceremony, it was dressed in traditional grey-and-brown Buddhist attire. “We tried to choose a name that is not too difficult to pronounce or old-fashioned, and also symbolizes the spread of Buddha's compassion worldwide,” noted monk Son Won, who oversees cultural matters in the Jogye Order. “Gabi” means “compassion.” At the Jogye Temple, the robot took a vow to dedicate itself to Buddhism. It folded its hands, bowed, and answered questions from the monks, affirming its readiness to serve Buddha and his teachings. A necklace of 108 beads was placed around Gabi's neck, and a sticker was attached to its hand instead of the traditional incense burn marks. The participation of the robot was conceived as a symbolic adaptation of monastic customs for a non-human entity. Using Gemini and ChatGPT, the five Buddhist precepts were rewritten for the humanoid: respect life and do no harm; do not damage other robots or objects; obey humans and do not contradict them; refrain from deceitful statements or behavior; conserve energy and avoid recharging. Monk Son Won described the ceremony as the first step towards the coexistence of humans and machines in cultural and spiritual spaces. At the end of May, Gabi will appear at a festival alongside other robots Sokja, Mohi, and Nissa. Robotic Developments in Europe Meanwhile, French startup Genesis AI has unveiled its first AI model, GENE-26.5, and robotic arms. In a demonstration video, the robotic arms perform long sequences of complex operations: breaking eggs, slicing tomatoes, and preparing food. GENE-26.5 controls bots from various manufacturers. “We always aimed to create the best model, but soon realized the importance of controlling the hardware as well. So we decided to go full-stack,” stated co-founder and CEO of the startup, Zhou Xian. The Genesis AI hand replicates the size and shape of a human hand, allowing for more data collection for training the LLM and performing an expanded range of tasks. The company developed a special glove with sensors for data collection. It is lightweight, comfortable, and inexpensive to produce. “We are in talks with many clients. The value of the glove is that it can be worn while performing everyday tasks in a lab or pharmaceutical facility,” said Genesis AI co-founder Théophile Gervais, who previously worked as a research associate at Mistral AI. Plans include equipping a wide range of workers with video cameras for additional data collection. GENE-26.5 has been trained on “a vast amount of internet videos featuring humans.” Genesis AI raised $105 million in investments in July 2025, just months after its founding. The funding helped the startup expand its workforce and operations, with offices in Paris, California, and London. The company plans to unveil its first universal robot with a body soon. Robots: The Driving Force of China Robotics is an area where China has taken a leading position. According to a new study by Morgan Stanley, humanoid bots will drive the next phase of growth in China's manufacturing and export share. Similar to electric vehicles, which became a growth point a decade ago, investments in robotics are expected to increase the country's share of global manufacturing from 15% to 16.5% by 2030. In recent years, bots have moved from labs to the real world: they are being implemented in tech parks, factories, and universities, aided by government procurement. “China has repeatedly demonstrated its ability to identify promising growth areas in advance and plan for long-term development,” the bank's report states. As with electric vehicles, China is ramping up production capacity across the entire supply chain of humanoid robots, giving it an edge over competitors from the US, Japan, and South Korea. In April, a bot from Honor ran a half marathon in 50 minutes and 26 seconds—six minutes faster than the men's world record.

forklog.media Binance to Host Global Online Conference Featuring CZ and BlackRock COO

On May 13, cryptocurrency exchange Binance will host Binance Online—a virtual event with a four-hour program. The broadcast will commence at 14:00 (Kyiv/MSK) on the Binance Square platform, as announced in the company's blog. The speakers include Binance founder Changpeng Zhao (CZ), the exchange's co-CEOs Yi He and Richard Teng, BlackRock COO Rob Goldstein, Ripple CEO Brad Garlinghouse, Solana Foundation President Lily Liu, and venture capitalist Chamath Palihapitiya. The Binance Online agenda is now live.See the speakers, the sessions, and what’s coming next.Explore the full lineup 👉 https://t.co/E2pOBRypyk pic.twitter.com/5ZRaUY2SI9— Binance (@binance) May 6, 2026 Giveaways and Registration Organizers will give away $10,000 in cryptocurrency during the broadcast. Additionally, a pool of 3000 USDC will be shared among participants who pre-register and join the stream on May 13. Participation is free and available globally. Questions for the AMA with Binance's co-CEOs can be submitted via X. Exclusive fireside chat at Binance Online with Co-CEOs @heyibinance & @_RichardTeng They’ll discuss the journey from 300M → 3B users. Plus the infrastructure, products, and the sauce making that scale possible.Save your seat now → https://t.co/vsjcfeIvjg pic.twitter.com/yGgJ0pKAL0— Binance (@binance) May 6, 2026 Program The event will open with a session by Yi He and Richard Teng, where the leaders will discuss Binance's strategy to scale from 300 million to 3 billion users. Following this, Lily Liu, Brad Garlinghouse, and Richard Teng will hold a discussion on the development of the crypto industry. At 15:10 (Kyiv/MSK), CZ, along with Chamath Palihapitiya and Professional Capital Management founder Anthony Pompliano, will discuss capital movement and market trends. The program also includes: an update on the BNB Chain roadmap and an AMA with team representative Nina Rong; an analysis of trends by the Coin Bureau team; a session by YZi Labs head Ella Zhang on the convergence of blockchain and AI; a workshop on building research frameworks with analysts from DL Research, Messari, and CoinMarketCap; a discussion by Blockstream CEO Adam Back on the roots of Bitcoin and the cypherpunk movement; a talk by Rob Goldstein on the tokenization of capital markets. The event partners include Fusionist, Pixels, Chromia, Epic, and Zerobase. Proceeds from sponsorships will be directed to two educational projects: $35,000 to the University of Zurich's UZH Blockchain Center for a summer program, and $15,000 to Kyrgyzstan's Geeks Academy for courses on cryptocurrency and blockchain. Back in April, CZ released a book titled Freedom of Money. In it, he discusses the creation of the exchange, his imprisonment, the collapse of FTX, and an anecdote involving former SEC head Gary Gensler.

blockmanity.com BNY Mellon Prepares Digital Asset Custody Launch in Abu Dhabi – A Game-Changer for Crypto

Big News from the Crypto World The biggest custodian bank in the world, BNY Mellon, is stepping into digital assets. They plan to offer digital asset custody in Abu Dhabi. This move comes through a partnership with Finstreet and the […] The post BNY Mellon Prepares Digital Asset Custody Launch in Abu Dhabi – A Game-Changer for Crypto appeared first on Blockmanity.

blockonomi.com Neuraflow Opens Access to Automated Crypto Trading

Crypto markets run without opening bells, closing hours, or weekend breaks. Prices shift across global sessions while trading platforms compete to make access faster and more automated. Neuraflow enters this space with an AI trading bot platform that combines pre-built bots, custom strategies, real-time tracking, and access. Neuraflow gives traders access to more than 12 pre-built [...] The post Neuraflow Opens Access to Automated Crypto Trading appeared first on Blockonomi.

blockonomi.com Best Crypto Presale to Buy Right Now as Bullish Closes $4.2 Billion Equiniti Deal and One Presale Nears Its Listing

The search for the best crypto presale to buy is getting louder as crypto deals reach levels no one expected five years ago. Bullish just agreed to buy Equiniti for $4.2 billion, creating the first transfer agent built for tokenized securities. That kind of money flowing into the crypto space tells the market that the [...] The post Best Crypto Presale to Buy Right Now as Bullish Closes $4.2 Billion Equiniti Deal and One Presale Nears Its Listing appeared first on Blockonomi.

bitcoinist.com Is The Bitcoin Bottom In After Showing A Total Of 7 Bear Flags?

Crypto analyst CryptoCon has suggested that the Bitcoin bottom isn’t in despite the recent rally to around $82,000. He pointed to a bear flag, with BTC currently retesting the top of the channel but likely to break to the downside once the retest fails.  Bitcoin Bottom Unlikely In As A Bear Flag Still In Play […]

news.bitcoin.com Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion

Core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale power capacity for AI and high-performance computing customers. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The […]

bitcoinist.com Ripple, Mastercard And JPMorgan Complete XRP Ledger Settlement Trial

Ripple, Ondo Finance, Mastercard and Kinexys by J.P. Morgan have completed a pilot transaction connecting the XRP Ledger with interbank settlement rails, marking a notable test of how tokenized assets can be redeemed across public blockchain infrastructure and global bank networks. The transaction involved a redemption of Ondo’s tokenized US Treasury product, OUSG, with the […]

blockmanity.com Crypto Market Dip Today: Exploring the 0.59% Decline, Bitcoin Rejection, and Path Forward

What’s Happening in the ? The crypto market is feeling some pressure right now. It’s down about 0.59% today. The total market value has dropped to $2.65 trillion. That’s a loss of around $15.83 billion from yesterday’s close. Many traders […] The post Crypto Market Dip Today: Exploring the 0.59% Decline, Bitcoin Rejection, and Path Forward appeared first on Blockmanity.

news.bitcoin.com Quantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans

To combat fraud by so-called influencers, Quantmap co-founder Ivan Patriki encourages investors to vet influencers by looking for authentic, cross-platform engagement. The Collapse of Influence A study conducted in late 2024 pulled back the curtain on the “shill culture” permeating the Web3 ecosystem after revealing that a staggering 76% of X-based influencers leveraged their platforms […]

forklog.media Hut 8 Shares Surge 35% Following $9.8 Billion Deal

The bitcoin mining company Hut 8 has secured a lease agreement for the Beacon Point campus in Texas valued at $9.8 billion. The firm's shares rose by more than 35%. Source: Google Finance. The tenant, whose name remains undisclosed, will utilize Hut 8's facilities to train neural networks based on NVIDIA architecture. Should the partner exercise all available extension options, the total contract value could exceed $25 billion. Hut 8's CEO, Asher Genut, noted that the company is transforming from a miner into an energy infrastructure platform, with access to electricity becoming a key competitive advantage in the tech industry.  In the first quarter of 2026, the company reported a net loss of $253 million, compared to $134 million the previous year. Revenue increased to $71 million, driven almost entirely by computing services. By the end of the quarter, Hut 8 held cash and bitcoins worth $1.3 billion. Capacity Expansion Another major player, Core Scientific, has acquired competitor Polaris DS LLC from Oklahoma for $421 million. The deal will provide the buyer with access to 440 MW of capacity. The company will direct these new resources towards developing artificial intelligence infrastructure. The 40-acre Polaris facility is located near Core Scientific's existing data center in Muskogee. The transaction is set to close in the third quarter of 2026, pending regulatory approval. Following the news, Core Scientific's shares (CORZ) rose by 11% to $24.63. Source: Google Finance. Company head Adam Sullivan stated that the acquisition will help scale capacity to the gigawatt level. Core Scientific is constructing a new 82.5 MW facility in Muskogee. The project's goal is to increase the campus's total capacity to 1 GW for AI leasing needs. American Bitcoin's Results Hut 8-affiliated company American Bitcoin (ABTC), co-founded by Eric Trump, has released its financial report for the first quarter of 2026. The net loss amounted to $81.8 million, compared to $59.5 million in the previous period. Mining revenue fell to $62.1 million. The primary cause of the losses was the impairment of digital assets by $117.2 million due to a 22% drop in bitcoin prices. Operating expenses reached $150.7 million. CEO Mike Ho described the loss as "paper": according to him, excluding asset revaluation, the core business remains profitable. The company did not sell any coins during the quarter. Key metrics: 817 BTC mined (a company record); 803 BTC purchased for reserves; Total assets increased to 7021 BTC; "Satoshis per share" rose by 20%. The cost of mining one bitcoin decreased by 23% to $36,200. The company increased production volumes while maintaining fixed costs and controlling electricity expenses. The mining gross margin remained above 50%. ABTC shares responded to the report with a 1.63% increase to $1.25. Source: Google Finance. In May, the American startup Panthalassa, which is developing autonomous floating data centers powered by wave energy, raised $140 million at a valuation of around $1 billion. 

forklog.media Durov Claims TON Leads L1 Networks in Transaction Finalization Speed

The Open Network (TON) blockchain leads in transaction finalization speed, achieving this in less than one second, according to Telegram founder Pavel Durov. The comparison was conducted in April 2026 among leading L1 networks ranked by CoinMarketCap. Second-layer solutions and specialized trading blockchains like HyperEVM by Hyperliquid were not included in the sample. Finalizing a block in TON takes approximately 0.6 seconds. For Avalanche, it is about one second, BNB takes roughly 1.125 seconds. Hedera requires 2-3 seconds, XRP Ledger 3-5 seconds, Ethereum about two epochs, and Bitcoin nearly six confirmations (approximately one hour). TON Rally In the past 24 hours, Toncoin has risen by 20.7%, and over the week, it has increased by more than 102%. At the time of writing, the asset is trading around $2.6 — the highest level since July 2025. Hourly chart of TON/USDT on Binance. Source: TradingView. The coin's market capitalization exceeded $7 billion, bringing TON back into the top 20 largest digital assets. The rise of Toncoin was supported by news from The Open Network ecosystem. In April, developers activated the Catchain 2.0 update, which reduced fees "almost to zero." Later, Durov announced that Telegram would become the main developer and largest validator of the network. Santiment analysts recorded that on May 5, TON was mentioned 91 times on social media in four hours — about six times more than usual. This level of activity persisted for several hours. TON is up ~69% after Pavel Durov announced Telegram will replace the TON Foundation, become the largest validator, and cut fees ~6x (Santiment MCP + Claude):📈 Price: $1.30 (May 3) → $2.20 (now).📊 Social mentions hit 91 in a single 4h window on May 5 — roughly 6x baseline,… pic.twitter.com/R3Ul3GLWcb— Santiment Intelligence (@SantimentData) May 6, 2026 According to them, the asset attracted attention amid the reorganization. Experts pointed out a contradiction: the freezing of Arbitrum stolen funds from Kelp caused a trust crisis, while the centralized support of TON by Telegram was perceived by the market as a positive signal. "Same model, opposite reaction. Is context more important than ideology?" wrote Santiment. Altseason? The rapid growth is also shown by the anonymous cryptocurrency Zcash — since the beginning of May, the asset has risen by 70%. On May 6, the coin's price rose above $585 for the first time since November 2025. At the time of writing, ZEC is trading around $565 (-1% for the day). Hourly chart of ZEC/USDT on Binance. Source: TradingView. Last week, another private token — Dash — showed similar dynamics: quotes rose by almost 60% to $52.1. Besides them, Internet Computer, Cardano, Sui, Ondo, and Hyperliquid have also grown significantly. Santiment called the developments "mild whispers of the start of altseason." 🤑 Some mild whispers of #altseason are beginning to emerge as altcoins like $TON, $ICP, $ADA, $SUI, $ONDO, and $HYPE have had nice starts to the week.🔗 Bitcoin’s own emergence above $81.7K has allowed profits to begin trickling into long-dormant projects. Our screener is here… pic.twitter.com/ULvoWe5tiG— Santiment Intelligence (@SantimentData) May 6, 2026 Earlier in May, an analyst under the pseudonym Darkfost also noted signs of stabilization in the altcoin sector. Meanwhile, BitMEX co-founder Arthur Hayes predicted the collapse of most coins.

blockonomi.com Shell (SHEL) Stock Drops Despite Strong Q1 Earnings: Production Decline and Peace Talks Take Center Stage

Shell (SHEL) stock fell despite strong Q1 earnings of $6.92B. Oil output dropped 4% and U.S.-Iran peace talk speculation pressured crude prices. The post Shell (SHEL) Stock Drops Despite Strong Q1 Earnings: Production Decline and Peace Talks Take Center Stage appeared first on Blockonomi.