Traditional finance's investment in crypto compliance signals a shift towards integrating blockchain technology, emphasizing regulatory adaptation. The post Deutsche Bank and Nasdaq back Elliptic in $120M funding round, valuing crypto compliance firm at $670M appeared first on Crypto Briefing.

POET Technologies (POET) stock rallied 24% after securing a $500M five-year supply agreement with Lumilens for AI optical engines. Details inside. The post POET Technologies (POET) Shares Soar on Massive $500M Lumilens Partnership appeared first on Blockonomi.

Ondas (ONDS) stock surges after Q1 revenue jumps 1,079% to $50.1M, beating estimates. Company raises 2026 target to $390M with $457M backlog. The post Ondas (ONDS) Stock Soars After Revenue Explodes Over 1,000% in Q1 2026 appeared first on Blockonomi.

Coinbase (COIN) stock falls near $201 as the company becomes Hyperliquid's USDC treasury deployer, expanding stablecoin presence in onchain markets. The post Coinbase (COIN) Stock Slides After Becoming Hyperliquid’s USDC Treasury Deployer appeared first on Blockonomi.

Klarna (KLAR) stock rose 5.5% after Q1 revenue topped $1B and beat estimates, but disappointing Q2 guidance limited gains. Full earnings breakdown here. The post Klarna (KLAR) Stock Gains 5% Despite Mixed Q1 Earnings Report appeared first on Blockonomi.

Ripple CEO Brad Garlinghouse has outlined what he believes makes XRP distinct in the digital asset market, pointing to the XRP Ledger’s payments-focused design, low transaction costs, short settlement times and long-running community support. The comments came in a short “XRP In One Minute” video shared by Ripple from XRP Las Vegas, where Garlinghouse framed […]

Defense stocks AeroVironment, Palantir, and Kratos are thriving as the Pentagon accelerates drone warfare spending. Here's what investors need to know. The post Pentagon Drone Surge: AeroVironment (AVAV), Palantir (PLTR), and Kratos (KTOS) Lead Defense Stock Rally appeared first on Blockonomi.

Gold rises 0.3% to $4,700 during Trump-Xi summit. U.S. inflation hits 4-year peak while India raises gold import duties to 15%. Latest market analysis. The post Gold Markets Stabilize During Trump-Xi Talks Amid Rising Inflation Concerns appeared first on Blockonomi.

Chainlink price pulled back this week after facing rejection near a key Fibonacci resistance level, while traders closely watched whether bulls could defend the important support-resistance flip zone near $10. According to data from crypto.news, Chainlink (LINK) traded around $10.2…

CME's compute futures could stabilize AI project costs and revenue for providers, but regulatory and market adoption challenges remain. The post CME Group plans to launch compute futures market this year appeared first on Crypto Briefing.

Rapid gamma shifts in US stocks amplify market volatility, potentially destabilizing investor confidence and impacting broader financial stability. The post Bloomberg reports fastest rise in gamma as extreme speculation grips US stocks appeared first on Crypto Briefing.

Rising UK borrowing costs amid political and inflationary pressures could trigger capital flight, impacting economic stability and investor confidence. The post UK borrowing costs hit 18-year high as leadership uncertainty rattles gilt markets appeared first on Crypto Briefing.

On May 13, bitcoin fell below $80,000. The pullback coincided with the publication of April’s producer price index (PPI): it rose by 1% — the highest reading since March 2022. Hourly chart of BTC/USDT on Binance. Source: TradingView. Annual core producer inflation reached 5.2%, beating expectations of 4.3%. That reduced the odds of near-term Fed easing. By market estimates, the probability of a rate hike by year-end stands at 30%. 21Shares analyst Matt Mena noted that holding $80,000 is critical for the market. A break lower could test $78,000 and then $75,000. What about ETFs? The drop was accompanied by outflows from institutional products. On May 12, net outflows from spot bitcoin-ETF totalled $233.25m, and on May 14 — $635.23m, the largest since mid-February. Source: SoSoValue. In the Ethereum fund segment, May 12 saw an outflow of $130.62m and May 13 of $36.3m. According to Glassnode, the seven-day average daily net outflow over the past week was $88m. The 7D-SMA of US Spot ETF Netflow dropped to -$88M/day, the largest outflow since mid-February.February's outflows occurred into price weakness. This wave is selling into strength, with BTC trading near $80k.Institutional participants were using the recovery over the recent… https://t.co/BlsOLfq7yE pic.twitter.com/4qHLVjw7WC— glassnode (@glassnode) May 14, 2026 Analysts observed a shift in investor behaviour: in February, funds were withdrawn into price weakness, whereas now sales are occurring into strength — with bitcoin holding near $80,000. Institutional players used the recent recovery to exit positions. In analysts’ view, this is deliberate profit-taking rather than fear or panic. Corporate treasury activity has also eased. According to a Bitfinex report, large companies’ purchases of digital gold over the week fell by 80%. Experts warn of potential volatility in the $82,000–85,200 range due to an options overhang. Bitfinex believes the latest advance is more likely a temporary short squeeze than the start of a sustained trend. Nexo specialists reported that amid volatility, open interest in bitcoin perpetuals fell 7% to $36.8bn, pointing to reduced leverage among traders. Risk assets are also under pressure from the rise in the US 10-year Treasury yield to 4.46%. The market is watching Senate debate on the CLARITY Act and the outcome of US President Donald Trump’s visit to Beijing. Other factors An analyst using the pseudonym Easy On Chain believes that a confluence of factors — from coin inflows to exchanges to macro data — drove bitcoin’s decline. Why Did Bitcoin Crash? What Really Happened Inside the Market“A market weakened by falling outflows met a short-driven atmosphere and macro bad news, triggering a massive $109.7M long wipeout.” – By @easy_Vero pic.twitter.com/ZbF4NVcifI— CryptoQuant.com (@cryptoquant_com) May 14, 2026 By May 11, the market was facing a shortage of buyers. While bitcoin inflows to exchanges remained stable, outflows fell sharply — to 19,995 BTC — well below early‑May averages (25,000–35,000 BTC). Net flows turned positive, creating excess sell-side liquidity and depriving the price of support. From May 8 to 10, traders aggressively opened short positions — negative funding rates confirmed the bearish bet. As the price fell, a domino effect followed: over three days, $109.7m worth of longs were forcibly closed. On May 12 alone, long liquidations were 11 times greater than short losses. The final trigger was the release of the CPI and PPI indices: US macro data ultimately sapped investor sentiment, the analyst stressed. Easy On Chain sees limited room for recovery for now. A reversal would require a decline in forced liquidations and a return of net exchange flows to negative territory. Whales return Glassnode analysts recorded a return of institutional demand for bitcoin. After the drop to $60,000 and the subsequent recovery towards $80,000, inflows into US spot bitcoin ETFs turned consistently positive. Rally Without Conviction$BTC has recovered above $80K as ETF inflows, spot demand, and positioning improve. However, weaker capital inflows and heavy overhead supply near $86K keep conviction below prior bull phases.Read the full Week On-Chain👇https://t.co/ZKsyqqaQR5 pic.twitter.com/xjZREW5ify— glassnode (@glassnode) May 13, 2026 During February’s decline, investors’ unrealised losses reached 25%. After the move above $80,000 they fell to 8%. In the experts’ view, the market has shifted from fear to uncertainty. If $60,000 holds, this cycle could see the “shallowest” drawdown in the asset’s history. Capital flows Net capital inflows to the network are about $2.8bn per month. That confirms a positive trend, but the figure remains well below the 2023–25 bull‑market levels, when inflows exceeded $10bn. Glassnode highlighted the following key levels: support: $76,900 — the average cost basis of short‑term investors over the past 30 days; resistance: $86,900 — the zone of volume concentration accumulated from November to February. Aggressive buying is evident on Coinbase, underscoring spot demand. Traders on Hyperliquid are also adding long positions. Volatility is easing, and demand for downside hedges (put options) is softening. Analysts flag sensitivity around $82,000: given dealer positioning, a move into this zone could spark a sharp rise in volatility. Experts conclude that market structure is improving, but stronger capital inflows are needed for a full‑blown bull run. Earlier, MN Trading founder Michaël van de Poppe argued that bitcoin has no obvious reasons to fall. In his words, a false notion of a forming “bear flag” and a move to $50,000 by year-end has taken hold in the market.

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Blockchain investigator ZachXBT has accused the LAB project of orchestrating a large-scale market manipulation scheme that allegedly left retail investors exposed while insiders maintained control over more than 95% of the token supply. According to reports published by ChainCatcher, the…

The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts. CFTC Issues Blanket No-Action Letter Cutting SDR Reporting for Event Contracts The CFTC‘s Division of Market Oversight and Division of Clearing and Risk jointly announced […]

Coinbase's expanded role in Hyperliquid's USDC treasury could enhance stablecoin liquidity and efficiency in blockchain financial markets. The post Coinbase takes over USDC treasury role on Hyperliquid as USDH stablecoin heads for sunset appeared first on Crypto Briefing.

Early-stage crypto presales gain attention as investors search for high-risk, high-upside opportunities. Crypto hunters are turning back to early-stage tokens as Bitcoin and Ethereum hold most of the market’s liquidity. CoinGecko data places the global crypto market cap near $2.74…

AI-driven DEX management democratizes trading infrastructure, potentially increasing risk exposure due to inexperienced operators launching exchanges. The post Orderly Network deploys MCP for AI-driven perp DEX management appeared first on Crypto Briefing.

Klarna's integration into Google Search and Gemini app reshapes digital commerce, intensifying competition and emphasizing real-time affordability. The post Klarna embeds flexible payments in Google Search and Gemini app appeared first on Crypto Briefing.

Robo.ai (AIIO) stock jumps 54% premarket as Neurovia AI debuts NeuroStream platform, delivering 95% compression on AI visual data and major cost savings. The post Robo.ai (AIIO) Stock Explodes 54% Higher on Revolutionary NeuroStream Launch appeared first on Blockonomi.

The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds.

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Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running.

Bitcoin could propel Michael Saylor past Elon Musk at $4.2 million, while the XRP rally stalls due to the Hyperliquid ETF launch and large holders accumulate record amounts of Cardano.

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• #Cardano

Intuitive Machines (LUNR) stock dropped 3.66% after Q1 revenue of $186.7M missed forecasts, despite tripling sales and posting a record $1.1B backlog. The post Intuitive Machines (LUNR) Stock Drops 3.66% Despite Record Backlog and Revenue Growth appeared first on Blockonomi.

Apple (AAPL) stock nears $300 as CEO Tim Cook meets Xi in Beijing, Q2 revenue hits $111.2B, and institutional buyers establish major new positions. The post Apple (AAPL) Stock Surges as Tim Cook Joins Trump’s China Delegation and Institutions Pile In appeared first on Blockonomi.

Bitcoin’s return toward $80,000 amid Strait of Hormuz tensions is increasing interest in event-driven crypto analysis platforms like Poly Truth and its PTRUE ecosystem. Bitcoin has moved back into the $80,000 area as tension around the Strait of Hormuz pushes…

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Bitcoin suffered a sharp pullback on Wednesday, giving up the crucial $80,000 support level that helped BTC rally to prices last seen earlier in the year.  The selloff comes as Congress has also confirmed a new Federal Reserve (Fed) chair—Kevin Warsh—raising expectations for how monetary policy could evolve next.  Warsh’s Confirmation In a recent report, […]

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BlackRock's move into tokenized funds signals a shift towards blockchain integration in traditional finance, potentially transforming asset management. The post BlackRock files for new tokenized fund structure with Securitize infrastructure appeared first on Crypto Briefing.

The AAA-mf rating for tokenized funds highlights growing institutional trust in blockchain-based financial products, potentially reshaping asset management. The post Fidelity and BlackRock tokenized funds receive highest Moody’s rating appeared first on Crypto Briefing.

The initiative enhances global crypto security, fostering trust and collaboration while curbing illicit activities and supporting regulatory compliance. The post Tether, TRON and TRM Labs freeze $450 million in illicit crypto assets across 23 jurisdictions appeared first on Crypto Briefing.

Ripple CEO signals major shift ahead in crypto regulation with remarkable progress being made.

Doximity (DOCS) stock crashed 21% after missing Q4 earnings and issuing weak fiscal 2027 guidance. Multiple analysts downgraded the telehealth platform. The post Doximity (DOCS) Stock Plunges 21% on Disappointing Guidance and Earnings Miss appeared first on Blockonomi.

A Bitcoin holder known on X as @cprkrn recovered approximately 5 BTC — worth between $400,000 and $500,000 at current prices — on May 13, 2026, after more than eleven years locked out of a wallet, crediting Anthropic’s Claude AI with solving a technical problem that had defeated every conventional recovery method he had tried […]

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Casper Network is making a big bet on where blockchain goes next. And it’s not memecoins. At the Digital Finance Forum in Bermuda, Casper Association President and CTO Michael Steuer unveiled the “Casper Manifest,” a multi-year roadmap focused on regulated real-world assets (RWAs), AI-powered payments, and infrastructure built for institutions and machines. The roadmap includes […] The post Casper Just Dropped a Huge Roadmap for RWAs and the Machine Economy appeared first on Altcoin Buzz.

TLDR: BlackRock’s GIP partners with Temasek, L’IMAD, and ADNOC to target $30B in infrastructure deals across the Gulf. The alliance will raise equity and debt capital for greenfield and brownfield assets across key sectors. L’IMAD, launched in December, already manages an estimated $300 billion in assets under its portfolio. A $15 billion Abu Dhabi investment [...] The post BlackRock’s GIP Teams Up with Temasek, L’IMAD, and ADNOC in $30 Billion Infrastructure Push appeared first on Blockonomi.

Marvell (MRVL) stock soared 8.2% to $177.95 after Goldman Sachs and BofA raised price targets on AI data center growth and custom chip demand. The post Marvell (MRVL) Stock Soars to All-Time Peak Following Dual Analyst Upgrades appeared first on Blockonomi.

Applied Materials (AMAT) stock reports Q2 earnings Thursday. Analysts project $2.68 EPS and $7.7B revenue driven by AI chip demand. Price targets reach $550. The post Applied Materials (AMAT) Stock: Earnings Preview and What Analysts Predict appeared first on Blockonomi.

Oil is up 80% in 2026, but AI power demand creates a bigger opportunity. Analysts highlight GE Vernova, Bloom Energy, and Kodiak as top energy plays. The post Why Energy Stocks Are Shifting Focus From Oil to AI Power Demand in 2026 appeared first on Blockonomi.

I used to sleep soundly after audits. I don’t anymore. The first time I watched a post-audit protocol lose $30 million to a state interaction the auditors missed, I told myself it was an edge case. The second time, I blamed the scope. The third time — somewhere around the fifth post-mortem I’d read that [...] The post Formal Verification vs Audits: Why “We Checked the Code” Is No Longer Enough appeared first on Blockonomi.

USA Rare Earth (USAR) stock climbed 1.5% after Q1 revenue exceeded forecasts. A $1.6B federal deal and Serra Verde buy are approaching completion. The post USA Rare Earth (USAR) Stock Climbs After Q1 Revenue Surpasses Expectations Amid Major Deals appeared first on Blockonomi.

Persistent inflation and steady interest rates may shift investor preference towards traditional assets, challenging Bitcoin's inflation hedge status. The post Hot inflation data dims Federal Reserve rate cut prospects, Bitcoin slips 1.2% appeared first on Crypto Briefing.

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Bitcoin Magazine Ledger, Consensys Get Cold Feet as Crypto IPO Window Slams Shut Crypto hardware wallet maker Ledger has paused plans for a U.S. IPO amid weak crypto market conditions and is instead considering alternatives including a private funding round. This post Ledger, Consensys Get Cold Feet as Crypto IPO Window Slams Shut first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

TLDR: China’s yuan touched a 3-year high after the PBOC set its strongest midpoint rate since March 2023. The Shanghai Composite fell 1.52%, its worst session in two months, driven largely by profit-taking. Analysts say markets are growing less sensitive to Sino-U.S. trade news, shifting focus to technology. Xi and Trump agreed to pursue a [...] The post China’s Yuan Hits 3-Year High as Trump-Xi Summit Shapes Market Sentiment appeared first on Blockonomi.

Suspending the gas tax may offer short-term relief but risks long-term infrastructure funding gaps, prompting debates on sustainable financing. The post Trump proposes federal gasoline tax pause amid Iran war energy costs appeared first on Crypto Briefing.

Nvidia (NVDA) stock climbed 2.3% after U.S. approval for Chinese firms to buy H200 chips. Alibaba, Tencent, and ByteDance among approved buyers. The post Nvidia (NVDA) Stock Gains 2.3% as U.S. Approves H200 Chip Sales to Chinese Companies appeared first on Blockonomi.

Solana price pulled back on Wednesday as bullish momentum weakened near a key Fibonacci resistance zone, while traders monitored signs of a potential bearish MACD crossover on the daily chart. According to data from crypto.news, Solana (SOL) traded near $91…

BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals.

The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen.

Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026.

• #litecoin

The American firm DeFi Development Corp. (DFDV) released its first-quarter report. The amount of Solana per share rose by 108% year-on-year to 0.067 SOL. As of May 13, the firm holds 2,294,576 SOL ($325 million). To accumulate assets, DFDV employs staking, its own validators, and allocates 25% of reserves in DeFi protocols. The company's head, Joseph Onorati, stated that the firm's strategy differs from Strategy's approach. According to him, the Solana ecosystem provides tools unavailable to Bitcoin treasuries: native yield and protocol composability. Despite the growth in crypto reserves, the company recorded a net loss of $83.4 million. This is due to the 50% drop in Solana's price over the year—currently trading around $91. Meanwhile, the company's revenue increased to $2.6 million. Hourly chart of SOL/USDT on Binance. Source: TradingView. DFDV also repurchased its convertible bonds maturing in 2030 for $4.4 million—at a 41% discount for fiat. The management confirmed plans to reach 0.075 SOL per share by June. The long-term goal of 1 SOL per security by the end of 2028 remains unchanged. DFDV shares on the Nasdaq are trading at $4.65 (-3.12% for the day). Source: Google Finance. CoinGecko tracks 20 organizations with a total holding of 18.4 million SOL (approximately $1.68 billion)—accounting for 2.95% of the coin's total market supply. Source: CoinGecko. The top five holders include Forward Industries, Upexi, Sharps Technology, and Solana Company. Earlier, on May 12, Upexi reported a net loss of $109.3 million for the third quarter.

Meta's CEO Mark Zuckerberg announced the launch of Incognito Chat, a feature for confidential communication with AI in Meta AI and WhatsApp. According to him, the service does not store conversation history on servers and uses end-to-end encryption, ensuring that no one, including the corporation itself, can read the correspondence. “Incognito Chat processes all AI responses in a secure execution environment, which ensures your messages are inaccessible to us,” he noted. The product differs from other similar solutions, where conversation logs are often stored on company servers “for many months.” “To get the most out of personal superintelligence, we all need the ability to discuss delicate topics in a way that no one can access the correspondence. I am proud that MSL is the first lab to provide a private AI,” Zuckerberg stated. Google stores data from temporary Gemini sessions for up to 72 hours, ChatGPT for up to 30 days, and Claude for at least a month. Incognito Chat is built on the Private Processing technology that Meta launched in 2025 for WhatsApp. The feature will be available “in the coming months.” Lawsuits Involving OpenAI ChatGPT logs were at the center of recent legal proceedings related to mass shootings in Tumbler Ridge (Canada) and at Florida State University. Sam Altman and his company were accused of ignoring the shooters' alarming messages. In a new lawsuit, the parents of a young man who died last year from a drug overdose accused OpenAI and the startup's head of “encouraging” the intake of a dangerous combination of substances. Layla Turner-Scott and Angus Scott claim that their 19-year-old son Sam Nelson used the chatbot to get recommendations on combining various drugs. Back in April 2026, Meta began collecting data on employee actions to train AI agents.

BlackRock sparks discussions about its frequent Bitcoin deposits seen this week, suggesting that the firm might have resumed its Bitcoin selling streak.

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TLDR: Core PPI jumped 1% month-over-month, far exceeding the 0.2% forecast, signaling persistent inflation. Binance recorded $853M in BTC selling flows in one hour, accounting for 91% of total market selloff. Fed rate cut expectations for 2026 have been fully priced out following the hotter-than-expected PPI print. Bitcoin is retesting the $78K–$79K support zone, with [...] The post Bitcoin Faces $853M Selloff as Hot PPI Data Fuels Stagflation Fears appeared first on Blockonomi.

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Faraday Future (FFAI) stock holds at $0.41 as RobotShop MOU expands robotics sales. Company targets 1,000 robot shipments in 2026 through new partnership. The post Faraday Future (FFAI) Stock: RobotShop Partnership Accelerates Robotics Market Entry appeared first on Blockonomi.

North Korean hacking groups have been tied to most major crypto exchange attacks in South Korea since 2018, while billions of dollars in suspected illicit crypto flows have also moved through the country’s financial system. According to Crystal Intelligence’s 2026…

There are two conditions for a recovery to $82K: exchange netflows returning negative and leveraged long liquidation pressure cooling.

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Data shows XRP has reached a new milestone in its 10,000+ token wallets, a sign that large investors have been coming into the network. More Than 332,000 Wallets Now Hold 10,000+ XRP In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the population of the mid-to-large holders […]

Robinhood's RVII fund democratizes early-stage startup investments, potentially reshaping retail investor access and market dynamics. The post Robinhood files for IPO of second retail venture fund RVII amid AI hype appeared first on Crypto Briefing.

Myriad integrates Chainlink to automate crypto prediction markets with faster settlements for BTC, ETH, BNB, and SOL before expanding to real-world assets. The post Myriad Integrates Chainlink for Accelerated Cryptocurrency Prediction Markets appeared first on Blockonomi.

Binance will remove 20 Alpha tokens on May 14 after review, while ATA, FARM, MLN, PHB and SYS face spot delisting on May 27 after cleanup.

Persistent inflation pressures may lead to prolonged high interest rates, challenging risk assets and potentially slowing economic growth. The post US supercore CPI rises to 3.3% YoY, up from 3.1%, signaling sticky inflation ahead appeared first on Crypto Briefing.

XRP witnesses a surge of new users, but it might not be enough for a proper retrace.

2026 Report: Top Opportunities, Risks & Smart Investment Guide The U.S. stock market now has a big crypto sector. It includes products that trade crypto-related assets on normal stock exchanges. Investors can buy in using regular brokerage accounts. No need […] The post 2026 U.S. Crypto Equity Market Report: Top Opportunities, Risks & Smart Investment Guide appeared first on Blockmanity.

TLDR: Nvidia CEO’s foundation purchased $108.3M in CoreWeave computing time for university and nonprofit AI research. Nvidia offered free engineering services to select institutions receiving the CoreWeave computing grant donations. Nvidia invested $2 billion in CoreWeave in January, making it the company’s second-largest shareholder at the time. Nvidia’s $6.3B CoreWeave deal guarantees chip purchases of [...] The post Nvidia CEO’s Foundation Donates $108M in CoreWeave Computing to Researchers appeared first on Blockonomi.

Jon Matonis' appointment signals a strategic shift towards privacy tech, potentially enhancing investor confidence in Solana's ecosystem growth. The post SOL Strategies appoints Jon Matonis as Chairman of the Board appeared first on Crypto Briefing.

The Casper Association has launched a multi-year technical roadmap focused on institutional-grade infrastructure for real-world asset tokenization and artificial intelligence-driven commerce. Bridging the Ethereum Ecosystem The Casper Association on May 12 unveiled a multi-year technical roadmap aimed at positioning the Casper Network as the primary infrastructure for regulated asset tokenization and the burgeoning machine-to-machine economy. […]

Developers at large technology firms have grown disillusioned with using artificial intelligence for programming and complain of skill loss, according to 404media. Coders say AI-generated code often contains errors. Reviewing and fixing it can take longer than writing from scratch. "We are being forced to use AI agents to make sweeping changes across the entire codebase. Assessing the quality and safety of that volume is simply impossible, especially given that hundreds of programmers are doing the same thing," said a UX designer at a technology company. The expert added that the team is accruing "a pile of technical debt" that will be impossible to untangle once models become prohibitively expensive. Tech executives are eager to tout the share of code generated by AI: In April, Google said 75%; in 2025, Microsoft CEO Satya Nadella put it at 30%; Anthropic — 90%; Meta boss Mark Zuckerberg predicted that within 12–18 months neural networks will write most of the code that improves AI itself; Meanwhile, industry-wide layoffs continue — companies cite automation and cost-cutting. The boost never came 404media writes that "the huge productivity leap delivered by artificial intelligence" has not led to more or better product. Developers deny that AI helps them at work — yet they are required to integrate it into their workflows. "Using an LLM in one form or another is a mandatory requirement. Its use is part of performance evaluation criteria. We are literally being flooded with AI tools, and the answer to any problem is to 'try artificial intelligence first'," said a programmer at one of the FAANG companies. Because performance reviews are tied to adopting the technology, most developers use AI "to tick a box". An engineer at a fintech company said using LLMs is not mandatory but encouraged: developers are given access to Cursor. A programmer at a small web-design firm stressed that AI assistants in the IDE have not boosted productivity — the code contains errors and every line has to be rechecked. "Another developer works with me on contract. He generates huge volumes of code, leaving me with more than 1,000 lines of pull requests to review, and that takes a tremendous amount of time. As a result, I feel more tired and burned out than at any time in my life," the engineer said. A coder in fintech added that AI can generate more code than the team can review or explain. "As a result, you either throw it away or ship it, fearing there may be elements of very low quality," he explained. AI is useful, sometimes Developers concede that AI does handle some tasks — for instance, quickly assembling prototypes and implementing solutions in unfamiliar domains. One engineer said LLMs are handy with large volumes of information: they find where a request is handled on the server, summarise data from logs and help search documentation on code changes. Skills are deteriorating As AI embeds deeper into workflows, developers are losing skills honed over years. Researchers call this phenomenon "cognitive debt" or "cognitive atrophy". A programmer at a small web-design company said he once could not remember how to implement an API in Laravel — and it "scared me to death". "It is like when mobile phones arrived and we stopped memorising numbers. For me it has grown into outsourcing the thinking process. My critical thinking and ability to sit down and think through a problem or a project have deteriorated," commented a software developer in finance. AI is here to stay Most engineers agree that large language models will remain and continue to play a role in programming. The question is how the industry will cope with management's current obsession with the technology, particularly when training new generations of developers. "We are hiring junior programmers who rely on AI to perform the simplest tasks. They do not have the knowledge or experience to recognise when the outputs of neural networks contain errors or are inefficient," said the UX designer. In August 2025, Coinbase fired programmers who refused to use artificial intelligence in their work.

Bank of England reconsidering stablecoin holding limits and reserve requirements after industry warns strict rules could harm UK digital asset competitiveness. The post Bank of England Reconsiders Stablecoin Regulations Following Industry Concerns appeared first on Blockonomi.

TLDR: Bitcoin exchange outflows dropped to 19,995 BTC on May 11, far below the period’s daily average of 25,600 BTC. Funding rates turned deeply negative between May 8–10, confirming traders were aggressively building short leverage positions. On May 12, long liquidations hit 11.8 times the volume of short liquidations, reflecting a one-sided market collapse. A [...] The post Bitcoin Crash Wipes Out $109.7M in Long Positions as Outflows Dry Up and Shorts Dominate appeared first on Blockonomi.

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Tether freezes $213M in USDT linked to Gurhan Kiziloz following Brazilian court ruling. Tether has frozen more than $213 million linked to Gurhan Kiziloz and 48 USDT accounts associated with his company following a Brazilian court ruling tied to gambling…

BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.

Rising inflation pressures could prolong higher interest rates, challenging tech valuations and potentially cooling global market optimism. The post NASDAQ 100 futures fall 1% as US April CPI meets expectations appeared first on Crypto Briefing.

TLDR: CFTC’s Division of Market Oversight and Division of Clearing and Risk issued no-action relief on May 13, 2026. DCMs, DCOs, and market participants are exempt from swap recordkeeping and swap data repository reporting rules. The no-action position covers all beneficiaries of previous no-action letters for fully collateralized event contracts. A streamlined process now allows [...] The post CFTC Issues No-Action Relief for Event Contracts, Exempting DCMs and DCOs From Swap Reporting Rules appeared first on Blockonomi.

The Bank of England has begun reconsidering parts of its proposed stablecoin framework after digital asset firms warned that strict reserve rules and ownership caps could make pound-backed tokens difficult to use at scale. According to the Financial Times, Bank…

The Bank of England's policy shift may enhance the UK's competitive edge in digital finance, fostering innovation and attracting global crypto firms. The post Bank of England ready to scrap £20,000 stablecoin ownership cap after backlash appeared first on Crypto Briefing.

Ripple’s David Schwartz warned XRP users about fake airdrops, giveaways and impersonators as scams targeting XRPL holders increase online.

A £5 million ($6.7 million) gift from crypto billionaire Christopher Harborne has landed Reform UK leader Nigel Farage before a parliamentary standards watchdog over an alleged disclosure failure. Related Reading: Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface The Size Of The Donation According to reports, the money came from Harborne, a […]

DOGEBALL joins top crypto watchlists as investors seek short-term breakout opportunities in 2026. A low entry price means nothing without a real catalyst behind it, and that is exactly why investors keep searching for the best crypto to buy and…

The closure of the Strait of Hormuz could severely disrupt global trade, exacerbating food insecurity and economic instability worldwide. The post Iran’s Hormuz closure threatens global trade, raises hunger crisis fears appeared first on Crypto Briefing.

U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. According to data from SoSoValue, the 12 spot Bitcoin ETFs in the U.S. recorded roughly…

• #bitcoin

The coalition's standardization efforts could accelerate AI infrastructure development, reduce costs, and prevent vendor lock-in, fostering innovation. The post 3M joins AMD, Meta, Oracle, Cisco, Arista to standardize expanded beam optical connectivity for AI data centers appeared first on Crypto Briefing.

The US's strategic shift to domestic rare earth production could reduce dependency on China, impacting global supply chains and trade dynamics. The post US government confirms comprehensive actions on rare earths appeared first on Crypto Briefing.

The summit's outcome could reshape global crypto mining economics, influencing hardware costs and prompting shifts in rare earth sourcing. The post Trump, Xi to emphasize stability at high-stakes summit with major crypto mining implications appeared first on Crypto Briefing.

Binance launches fresh token delisting as 20 cryptocurrencies face removal from platform.

Akamai (AKAM) stock soared 7.7% to a 26-year high after BofA upgraded it to Buy with a $175 target, fueled by an $1.8B AI deal with a frontier model provider. The post Akamai (AKAM) Stock Surges to Highest Level Since 2000 Following Bank of America Upgrade appeared first on Blockonomi.

Bitget Wallet has appointed former Uber executive Jack Zhai as Head of the Americas as the company pushes to expand its self-custodial wallet business across the region. According to a statement shared with crypto.news, Zhai will oversee regional partnerships, user…

Intel (INTC) returns to Formula One through multi-year McLaren partnership, providing processors for F1, IndyCar, and esports racing operations. The post Intel (INTC) Stock: Chipmaker Returns to F1 Racing with McLaren Partnership appeared first on Blockonomi.

XRP trades near $1.43 as Binance open interest tops $475M, ETF inflows cool and record 10K+ wallets put $1.50 resistance in focus this week.

SpaceX's IPO could reshape market dynamics, attracting substantial investor interest despite geopolitical tensions and economic challenges. The post SpaceX IPO anticipation grows with June 2026 target amid market interest appeared first on Crypto Briefing.

Foxconn exceeds Q1 profit forecasts with T$49.92B earnings, up 19% YoY, fueled by AI server demand and strong iPhone assembly revenue performance. The post Foxconn Surpasses Q1 Earnings Expectations as AI Server Business Fuels Growth appeared first on Blockonomi.

Nokia (NOK) stock surged 12% after unveiling AI network tools and benefited from Cisco's stellar earnings, pushing shares to multi-year highs. The post Nokia (NOK) Stock Soars 12% Following AI Network Launch and Cisco’s Strong Earnings appeared first on Blockonomi.

ADA millionaires now hold over 25 billion tokens for the first time ever, according to Santiment's latest findings.

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SoftBank's heavy reliance on illiquid AI investments could strain its financial stability, highlighting risks of concentrated capital strategies. The post SoftBank’s OpenAI-related debt in focus as strong quarter looms appeared first on Crypto Briefing.

Citigroup's strategy highlights growing institutional interest in crypto, signaling potential shifts in financial markets and investment approaches. The post Citigroup boosts Bitcoin exposure with $41.2M in Strategy shares appeared first on Crypto Briefing.

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IonQ stock fell 1% despite 755% revenue growth, new Colorado quantum lab, and SkyWater deal approval. Q1 earnings miss weighs on shares. Analysis inside. The post IonQ (IONQ) Stock Dips Despite 755% Revenue Surge and Major Expansion News appeared first on Blockonomi.

The Trump-Xi agreement highlights the strategic importance of international cooperation in maintaining global energy security and trade stability. The post Trump, Xi agree to keep Strait of Hormuz open amid US-Iran tensions appeared first on Crypto Briefing.

A single coordinated action has put $213 million of Gurhan Kiziloz’s USDT holdings beyond his reach. Tether Operations Ltd. has frozen the funds across 48 digital wallets tied to the iGaming founder, executing the freeze in support of Brazilian authorities pursuing an alleged gambling tax dispute and a parallel line of inquiry into initial coin [...] The post Gurhan Kiziloz Locked Out of $213M as Tether Freezes Funds in Alleged Gambling Tax & ICO Crackdown appeared first on Blockonomi.

SK Hynix (HXSCL) approaches $1 trillion valuation with 200%+ stock gains in 2025, driven by AI chip demand and record 72% operating margins. The post SK Hynix (HXSCL) Stock Approaches Trillion-Dollar Valuation Amid AI Boom appeared first on Blockonomi.

Iran's missile restoration heightens geopolitical tensions, potentially altering U.S. military strategies and impacting global oil security. The post Iran restores missile capabilities, raising US military escalation risks appeared first on Crypto Briefing.

AMD stock rallies 280% over 12 months to $445. Top analyst sets $625 target citing AI demand and record data center revenue. Institutional buying accelerates. The post Advanced Micro Devices (AMD) Stock Climbs 280% as Top Analyst Predicts $625 Target appeared first on Blockonomi.