Iran consolidates control over Strait of Hormuz, creating energy crisis that ripples across crypto markets
Iran's control over the Strait of Hormuz exacerbates global energy instability, impacting inflation and liquidity, thus challenging crypto markets. The post Iran consolidates control over Strait of Hormuz, creating energy crisis that ripples across crypto markets appeared first on Crypto Briefing.
Jeff Bezos Explains Why AI Investment Fears Are Misplaced — What Amazon’s (AMZN) Founder Really Thinks
Jeff Bezos defends AI investment amid bubble fears, comparing it to 90s biotech boom. Amazon (AMZN) spends $200B on AI while cutting 16,000 jobs in 2026. The post Jeff Bezos Explains Why AI Investment Fears Are Misplaced — What Amazon’s (AMZN) Founder Really Thinks appeared first on Blockonomi.
OFAC Sanctions Sinaloa Cartel’s Crypto Laundering Network Used to Move Fentanyl Proceeds
TLDR: OFAC sanctioned over a dozen individuals tied to the Sinaloa Cartel’s crypto laundering operation in May 2026. Los Chapitos used stablecoins and decentralized exchanges to convert fentanyl cash proceeds into digital assets. Chainalysis traced on-chain fund flows and labeled all sanctioned crypto addresses within its blockchain analytics suite. A Colorado grand jury indicted cartel [...] The post OFAC Sanctions Sinaloa Cartel’s Crypto Laundering Network Used to Move Fentanyl Proceeds appeared first on Blockonomi.
Gold Retreats as Federal Reserve Hints at Potential Rate Increases
Gold prices fell 0.4% to $4,526/oz as Federal Reserve minutes suggest possible rate hikes if inflation persists amid ongoing U.S.-Iran tensions. The post Gold Retreats as Federal Reserve Hints at Potential Rate Increases appeared first on Blockonomi.
Bank of America Names AMD (AMD) and Nvidia (NVDA) as Premier AI Chip Investments
BofA boosts server CPU forecast to $125B by 2030, naming AMD and Nvidia top AI chip stocks. Agentic AI drives new demand for processing power. The post Bank of America Names AMD (AMD) and Nvidia (NVDA) as Premier AI Chip Investments appeared first on Blockonomi.
Crypto whale bets $224,000 on XRP price stability through June
A major bet on XRP's price stability suggests market maturity and potential equilibrium, challenging the crypto market's volatility norms. The post Crypto whale bets $224,000 on XRP price stability through June appeared first on Crypto Briefing.
Nvidia (NVDA) Stock Climbs as Analysts Set New High Price Targets Following Record Q1 Results
Nvidia (NVDA) stock rises after crushing Q1 estimates with $81.6B revenue. Analysts raise targets, with Melius setting Street-high $400 price goal. The post Nvidia (NVDA) Stock Climbs as Analysts Set New High Price Targets Following Record Q1 Results appeared first on Blockonomi.
Palantir (PLTR) Stock: Analyst Projects 60% Rally Despite 23% YTD Decline
Palantir (PLTR) stock advanced 1.4% as Rosenblatt reaffirmed Buy rating with $225 target after Q1 revenue surged 84.7% YoY to $1.63B, beating estimates. The post Palantir (PLTR) Stock: Analyst Projects 60% Rally Despite 23% YTD Decline appeared first on Blockonomi.
Dell (DELL) Q1 Earnings Preview: AI Server Margins Under the Microscope
Dell (DELL) reports Q1 FY2027 earnings May 28. Analysts expect $3.00 EPS, $34.95B revenue, and updates on its $43B AI server backlog and margin performance. The post Dell (DELL) Q1 Earnings Preview: AI Server Margins Under the Microscope appeared first on Blockonomi.
Jefferies bullish on Arm, sees $290 price target amid strong Vera demand
Arm's growing role in AI infrastructure could significantly boost its market share and revenue, but valuation and dependency risks remain. The post Jefferies bullish on Arm, sees $290 price target amid strong Vera demand appeared first on Crypto Briefing.
European Commission cuts EU growth forecast to 1.1% amid Middle East conflict
The EU's downgraded growth forecast highlights vulnerabilities to energy shocks, potentially spurring shifts in fiscal policy and crypto markets. The post European Commission cuts EU growth forecast to 1.1% amid Middle East conflict appeared first on Crypto Briefing.
Ripple Prime and EDX Markets Join Forces to Reshape Institutional Digital Asset Trading
TLDR: Ripple Prime integrates with EDX Markets to give institutions unified access to spot and perpetual futures liquidity. The partnership tackles market fragmentation through credit intermediation, net settlement, and collateral management services. RLUSD is set to become a settlement and collateral asset on EDX, enabling cross-collateralization across trading products. Both CEOs confirmed that the deal [...] The post Ripple Prime and EDX Markets Join Forces to Reshape Institutional Digital Asset Trading appeared first on Blockonomi.
Evernorth Says RLUSD Is Not An XRP Killer: Here’s Why
Evernorth Chief Business Officer Sagar Shah has pushed back on the idea that Ripple’s dollar-backed stablecoin RLUSD could replace XRP, arguing that the two assets are designed for different roles in on-chain finance. In a May 20 blog post, Shah said RLUSD can serve as a high-quality digital dollar, while XRP remains the neutral routing […]
Eurozone business activity hits 31-month low amid recession fears
Eurozone's economic slowdown could strengthen the US dollar, impacting global markets and increasing volatility in crypto investments. The post Eurozone business activity hits 31-month low amid recession fears appeared first on Crypto Briefing.
OpenAI’s AI Model Challenges Erdős’s 80-Year-Old Unit Distance Hypothesis
OpenAI has announced a breakthrough in the classical mathematical problem posed by Paul Erdős regarding unit distances. Today, we share a breakthrough on the planar unit distance problem, a famous open question first posed by Paul Erdős in 1946.For nearly 80 years, mathematicians believed the best possible solutions looked roughly like square grids.An OpenAI model has now disproved that… pic.twitter.com/j2g3Ze0zEG— OpenAI (@OpenAI) May 20, 2026 In 1946, Erdős proposed the following hypothesis: if n points are placed on a plane, how many pairs of points can be exactly at a distance of at least n1-δ(1). It is considered one of the most famous problems in combinatorial geometry: simple to state, yet unsolved for decades. OpenAI claimed that its internal model has refuted the long-standing hypothesis in discrete geometry. The company published a separate document detailing the result, including links to proofs and accompanying notes. The model discovered an infinite family of examples that provide a polynomial improvement over constructions previously thought to be near-optimal. The work demonstrates the existence of a constant δ > 0 and infinitely many values of n, for which configurations of n points can be constructed with at least n1+δ pairs at a distance of 1. The best-known previous construction, based on a scaled square grid, provided approximately n(1 + C / log(log(n))) unit distances. This is only slightly faster than linear growth: as log(log(n)) increases with n, the additional factor C / log(log(n)) gradually approaches zero. Interestingly, the solution emerged not from geometry itself, but from algebraic number theory. Instead of classical Gaussian integers of the form z = a + bi, where a and b are integers (including zero), and i is the imaginary unit, the model utilized more complex number fields with rich symmetries. The proof employs tools such as infinite class field towers and the Golod–Shafarevich theorem. For number theory specialists, these are well-known methods, but their connection to an elementary geometric problem was unexpected. Independent Audit OpenAI stated that the proof was verified by a group of external mathematicians. The company also emphasized that the result was achieved not by a specialized mathematical system, but by a general-purpose reasoning model. According to the startup, the work was part of a broader examination of whether advanced neural networks can contribute to cutting-edge scientific research. The OpenAI document includes assessments from several mathematicians. Notably, Fields Medalist Timothy Gowers described the result as a "milestone for AI in mathematics." The document also quotes University of Toronto mathematician Arul Shankar, who stated that current models are capable not only of assisting but also of proposing original ideas and bringing them to fruition. Earlier in February, Google's DeepMind division introduced the AI agent Aletheia, which set a new record in the IMO-ProofBench Advanced benchmark.
Iran Nuclear Negotiations Enter Critical Phase as Trump-Netanyahu Rift Deepens
Trump says Iran nuclear talks are nearing conclusion but warns of potential strikes. Netanyahu opposes deal as oil prices climb to $108 amid Hormuz closure. The post Iran Nuclear Negotiations Enter Critical Phase as Trump-Netanyahu Rift Deepens appeared first on Blockonomi.
ZEC Hits $686 Amid $28M Liquidations as Analyst Warn of Coordinated Squeeze
The privacy coin Zcash jumped over 17% in six hours, hitting a new year-to-date high on May 20. The rally pushed its monthly gains past 90% and its market capitalization over the $11 billion threshold, eclipsing rival monero. Zcash Hits New YTD High Privacy coin Zcash (ZEC) surged to a new year-to-date high on May […]
Trust Wallet integrates Binance x402 for autonomous AI agent payments
The integration could revolutionize digital economies by enabling autonomous AI transactions, potentially reshaping machine-to-machine commerce. The post Trust Wallet integrates Binance x402 for autonomous AI agent payments appeared first on Crypto Briefing.
Ripple Prime CEO Speaks Out on EDX Partnership, but XRP Left Behind
Ripple Prime's new integration positions stablecoin RLUSD for Wall Street clearing, leaving native token XRP completely behind in the marketing narrative.
OpenAI Plans IPO Filing as Early as Friday — Key Details for Investors
OpenAI plans confidential IPO filing as soon as Friday with Goldman Sachs and Morgan Stanley. The $852B AI company targets September 2026 public debut. The post OpenAI Plans IPO Filing as Early as Friday — Key Details for Investors appeared first on Blockonomi.
Meta (META) Stock Tumbles 8.7% Amid Massive AI-Driven Workforce Restructuring
Meta (META) stock down 8.7% in 2026 as company executes 8,000-employee layoff while committing $135B to AI infrastructure. Rivals surge ahead. The post Meta (META) Stock Tumbles 8.7% Amid Massive AI-Driven Workforce Restructuring appeared first on Blockonomi.
Beyond the Price Drop: How SUI Blockchain Kept Building Through the Market Downturn
TLDR: SUI became only the fourth Layer-1 after BTC, ETH, and SOL to have CME futures listed in 2026. Three US staking ETFs from Grayscale, Canary Capital, and 21Shares expanded SUI’s institutional reach. SUI’s TVL drop from $2B to $500M reflects a 70% price decline, not capital leaving the ecosystem. Cumulative stablecoin transfers on SUI [...] The post Beyond the Price Drop: How SUI Blockchain Kept Building Through the Market Downturn appeared first on Blockonomi.
Google seeks to balance AI disruption with core business protection
Google's AI integration challenges its ad revenue model, reshaping SEO and online visibility, while regulatory risks add further complexity. The post Google seeks to balance AI disruption with core business protection appeared first on Crypto Briefing.
Google revamps Search and YouTube with Gemini AI features at I/O conference
Google's AI integration in Search and YouTube could reshape digital ecosystems, impacting user engagement and altering market dynamics. The post Google revamps Search and YouTube with Gemini AI features at I/O conference appeared first on Crypto Briefing.
Manus explores $1B raise to buy back shares from Meta amid integration issues
The Manus situation highlights increasing regulatory hurdles in AI acquisitions, reshaping investment strategies and geopolitical dynamics. The post Manus explores $1B raise to buy back shares from Meta amid integration issues appeared first on Crypto Briefing.
TeamPCP breaches GitHub, accessing 3,800 internal code repositories
The breach highlights the vulnerability of software supply chains, potentially impacting countless projects reliant on GitHub's infrastructure. The post TeamPCP breaches GitHub, accessing 3,800 internal code repositories appeared first on Crypto Briefing.
Manus explores $1B raise to buy back shares from Meta amid integration issues
The Manus situation highlights increasing regulatory hurdles in AI acquisitions, reshaping investment strategies and geopolitical dynamics. The post Manus explores $1B raise to buy back shares from Meta amid integration issues appeared first on Crypto Briefing.
Brian Armstrong says Coinbase AI cut restriction delays by 90%
Coinbase says AI cut account restriction resolution times by 90%, with humans still checking compliance outcomes.
China reportedly blocks Pentagon visit amid $14B Taiwan arms deal talks
China's diplomatic maneuvering over Taiwan arms deals could strain US-China relations, impacting global markets and tech supply chains. The post China reportedly blocks Pentagon visit amid $14B Taiwan arms deal talks appeared first on Crypto Briefing.
Google revamps Search and YouTube with Gemini AI features at I/O conference
Google's AI integration in Search and YouTube could reshape digital ecosystems, impacting user engagement and altering market dynamics. The post Google revamps Search and YouTube with Gemini AI features at I/O conference appeared first on Crypto Briefing.
US Treasury sanctions Sinaloa Cartel-linked cash-to-crypto network
The crackdown on cash-to-crypto networks highlights increasing regulatory scrutiny, potentially tightening compliance for crypto businesses globally. The post US Treasury sanctions Sinaloa Cartel-linked cash-to-crypto network appeared first on Crypto Briefing.
Tesla launches Full Self-Driving in China after years of delays
Tesla's China launch highlights the competitive and regulatory challenges in the EV market, impacting its global tech leadership and revenue strategy. The post Tesla launches Full Self-Driving in China after years of delays appeared first on Crypto Briefing.
Samsung Electronics Shares Soar Over 6% as Potential Strike Halted by Wage Agreement
Samsung shares jumped over 6% after a tentative labor deal stopped an 18-day strike. Union vote scheduled for May 22-27 on the wage agreement. The post Samsung Electronics Shares Soar Over 6% as Potential Strike Halted by Wage Agreement appeared first on Blockonomi.
Sui Launches Gasless Stablecoin Transfers, Cutting Costs for Global Blockchain Payments
TLDR: Sui’s gasless feature lets users send stablecoins onchain without holding a separate SUI gas token. Seven stablecoins are supported at launch, including USDC, USDY, AUSD, and the native USDsui token. Fireblocks backs the launch, giving institutional payment builders a friction-free stablecoin rails option. Sui has crossed $1 trillion in stablecoin transfer volume on its [...] The post Sui Launches Gasless Stablecoin Transfers, Cutting Costs for Global Blockchain Payments appeared first on Blockonomi.
Oil Markets Surge as Trump Issues Iran Ultimatum Amid Inventory Decline
Oil prices surge as Trump warns Iran of potential military action while US crude inventories plunge 7.9M barrels, nearly tripling forecasts. The post Oil Markets Surge as Trump Issues Iran Ultimatum Amid Inventory Decline appeared first on Blockonomi.
Charles Hoskinson warns Cardano could lose its scientists
Charles Hoskinson warned Cardano could lose scientists if a research funding proposal fails after Japanese dReps voted against it.
U.S. Treasury sanctions crypto wallets tied to Sinaloa Cartel fentanyl network
The U.S. Treasury has sanctioned two networks linked to the Sinaloa Cartel over allegations that they used cryptocurrency transactions to move fentanyl trafficking proceeds. According to the U.S. Department of the Treasury, the sanctions announced Wednesday were carried out through…
Alphabet (GOOGL) Stock: Google Commits $15B to Missouri Data Center and AI Infrastructure Expansion
Alphabet (GOOGL) invests $15B in Missouri data center infrastructure, contracts 1GW power, and launches $20M community energy fund for AI expansion. The post Alphabet (GOOGL) Stock: Google Commits $15B to Missouri Data Center and AI Infrastructure Expansion appeared first on Blockonomi.
Understanding RTP, Volatility, and Bonus Features in Bitcoin Slots
Bitcoin slots are packed with giant multipliers, fast bonus rounds, and huge payout potential, but most players still ignore the mechanics behind the game. RTP, volatility, and bonus features shape how often wins appear, how risky the gameplay feels, and where the biggest payouts usually come from. Understanding those three things makes it much easier [...] The post Understanding RTP, Volatility, and Bonus Features in Bitcoin Slots appeared first on Blockonomi.
Syndicate Labs exits as smaller Ethereum layer 2s lose traction
Syndicate Labs has announced plans to shut down its operations after saying the market for Ethereum rollups has deteriorated to a point where the business is no longer viable. In a statement posted on X on Thursday, Syndicate Labs said…
Crypto tax evaders test Ordinals but leave Bitcoin trail: Chainalysis report
Chainalysis said Italian authorities traced a $1.1m tax evasion case using Bitcoin Ordinals and BRC-20 tokens.
Ex Silvergate officer says regulatory pressure forced bank shutdown
Former Silvergate Bank chief risk officer Kate Fraher has publicly challenged the circumstances surrounding her 2024 settlement with the U.S. Securities and Exchange Commission, arguing that regulators never proved the bank’s anti-money laundering controls had failed. In comments published Wednesday,…
SpaceX (SPCX) IPO Filing: Everything You Should Know Before the Nasdaq Debut
SpaceX (SPCX) files for Nasdaq IPO at $1.8T valuation. Starlink revenue hits $11.4B while xAI loses $6.36B. Musk could become first trillionaire. The post SpaceX (SPCX) IPO Filing: Everything You Should Know Before the Nasdaq Debut appeared first on Blockonomi.
Cloudflare CEO Matthew Prince discusses AI-driven layoffs amid record growth
AI-driven workforce reductions highlight a shift towards automation, posing risks and opportunities for tech and crypto industries alike. The post Cloudflare CEO Matthew Prince discusses AI-driven layoffs amid record growth appeared first on Crypto Briefing.
Samsung Electronics shares surge after strike averted with massive bonuses for chip workers
The resolution highlights the fragility of global semiconductor supply chains and sets a precedent for labor negotiations in the tech sector. The post Samsung Electronics shares surge after strike averted with massive bonuses for chip workers appeared first on Crypto Briefing.
Iran’s cryptocurrency stockpile valued at $7.7B, reports Fox News
Iran's crypto stockpile highlights the challenge of enforcing financial sanctions in a world where digital assets enable evasion and liquidity risks. The post Iran’s cryptocurrency stockpile valued at $7.7B, reports Fox News appeared first on Crypto Briefing.
China warns EU of countermeasures against new trade restrictions
The EU-China trade tensions could disrupt global supply chains, increase economic uncertainty, and potentially slow global growth. The post China warns EU of countermeasures against new trade restrictions appeared first on Crypto Briefing.
Samsung to distribute $26.6B in bonuses to chip employees after union deal
Samsung's massive bonus payout highlights the intense competition for semiconductor talent and underscores the profitability of AI-driven demand. The post Samsung to distribute $26.6B in bonuses to chip employees after union deal appeared first on Crypto Briefing.
HYPE and ZEC Steal the Show, BTC Price Stopped at $78K: Market Watch
Both assets have soared by double-digits on a daily scale, followed by DASH and MNT.
US submits draft agreement to Iran via Pakistan as diplomatic channel takes shape
The evolving US-Iran negotiations via Pakistan could significantly impact global energy markets and geopolitical stability, influencing risk assets. The post US submits draft agreement to Iran via Pakistan as diplomatic channel takes shape appeared first on Crypto Briefing.
Iran’s cryptocurrency stockpile valued at $7.7B, reports Fox News
Iran's crypto stockpile highlights the challenge of enforcing financial sanctions in a world where digital assets enable evasion and liquidity risks. The post Iran’s cryptocurrency stockpile valued at $7.7B, reports Fox News appeared first on Crypto Briefing.
AMD launches $3,999 Ryzen AI Halo PC to compete with Nvidia DGX Spark
AMD's entry into local AI hardware challenges Nvidia's dominance, potentially reshaping enterprise AI strategies and market dynamics. The post AMD launches $3,999 Ryzen AI Halo PC to compete with Nvidia DGX Spark appeared first on Crypto Briefing.
Is Grayscale Accumulating Hyperliquid? Tens of Millions Added
Grayscale is back to the increasing institutional exposure via accumulation of Hyperliquid.
Bitcoin miners’ shares rally after Nvidia’s results
Shares of bitcoin miners rose after the release of Nvidia’s results. The company reported revenue of $81.6bn for the first quarter of fiscal 2027—85% higher than a year earlier. Data-centre revenue reached $75.2bn. For the current quarter Nvidia guided to about $91bn in revenue, announced an additional $80bn share buy-back and raised its dividend to $0.25 a share. Markets are betting on AI infrastructure again The main catalyst for mining stocks was not Nvidia’s growth per se but confirmation of durable demand for AI infrastructure. Investors again focused on companies with access to electricity, sites for data centres and infrastructure for high-performance computing. Against this backdrop, the market began to re-rate Core Scientific, Cipher, IREN and others not merely as bitcoin miners but as potential beneficiaries of the AI-compute boom. At the close on May 20: IREN rose by about 10.4%; MARA—by 5.6%; CleanSpark—by 4.9%; Riot—by 4.4%; Cipher—by 3.6%; Core Scientific—by 1.2%. IREN share price. Source: Yahoo Finance. Nvidia’s own shares ended roughly flat after intraday swings, suggesting the market reacted more to the report’s infrastructure implications for related companies. A key driver was the data-centre segment. Nvidia’s CFO, Colette Kress, said that large companies accounted for more than half of quarterly revenue. The remainder came from ACIE, which includes cloud providers, industry and enterprise customers. Core Scientific and IREN are already pivoting to AI hosting For some miners, the shift to AI infrastructure has crystallised into concrete projects. In 2025 CoreWeave signed a definitive agreement to acquire Core Scientific, valuing it at $9bn. Core Scientific’s total potential alternative compute capacity was put at nearly 500MW. It is one of the clearest examples of miners monetising not just hashrate but land, cooling and grid connections. IREN has gone further. In March the company said it plans to expand its AI cloud to 150,000 GPUs. Deployment is expected in the second half of 2026. The firm forecasts more than $3.7bn in annual revenue. In May Nvidia and IREN also announced a strategic partnership to deploy up to 5GW of AI infrastructure. AI as a valuation driver Previously, miners’ valuations hinged chiefly on bitcoin’s price and post-halving economics. Now some enjoy a second multiple—as owners of scarce AI infrastructure. The more convincingly Nvidia demonstrates durable demand for accelerators, cloud storage and enterprise AI roll-outs, the more actively markets reprice such assets at former “pure-play” miners. Not all will benefit. Investors are prioritising players with: ready-to-use sites; substantial power capacity; a clear HPC and AI-hosting strategy; access to data-centre infrastructure. Nvidia’s strong quarter showed that AI infrastructure remains one of miners’ key development avenues alongside bitcoin mining. Not so straightforward In a conversation with ForkLog, Arseniy Grusha, founder of the Dataprana data centre in the US, said that miners’ pivot to AI does not spell the end of crypto mining. "Mining is not going anywhere, but the industry is undergoing a major transformation. Over the past five years we have seen industrialisation and the arrival of large public companies, which triggered a rally in Bitcoin network difficulty. Today giants have entered the AI market, and they need enormous capacity. The profitability figures in this sector work much better, so miners are massively refitting their data centres for new tasks. This process will only gain momentum," he said. He said refitting mining data centres for AI is very difficult and costly because entirely different builds are required. The main value miners hold is pre-allocated power and a legal grid connection. Everything else has to be built from scratch with a different approach. "The difference in costs is colossal: a bitcoin data centre averages $400,000 per MW, whereas an AI facility costs about $10m per MW. The 20–25-fold increase is due to strict requirements for 100% redundancy. AI needs full backups: massive batteries and diesel generators ready to take over the load within seconds," he noted. The design and liquid-cooling systems for GPU capacity are also more complex. All these systems require professional engineering and strict certification to ensure uninterrupted operation. He noted that the payback for traditional mining is faster. "As a business, traditional mining hosting lets you recoup investment in three to four years, which is very fast. Investments in an AI data centre cost 25 times more. Therefore their payback period reaches six to seven years," Grusha stressed. He added that mining is a niche business with high instability due to its dependence on bitcoin’s exchange rate, where contracts run for at most a couple of years. AI is a global market with long contracts. A 10-year deal with, say, Microsoft offers the stability that makes it easy to raise bank financing for such projects. Back in November 2025, MARA CEO Fred Thiel predicted tough times for miners amid rising competition and shrinking margins.
Quantinuum and BP Launch Quantum Subsurface Exploration
Quantinuum and energy giant BP have initiated a joint project to apply quantum computing for subsurface probing and mapping of the Earth's interior. The initiative aims to address fundamental wave physics challenges underlying seismic imaging. The firms intend to modernize methods for exploring oil and gas resources. Subsurface probing requires processing vast amounts of data and solving complex wave propagation equations. In classical computing, memory and power demands grow proportionally with spatial resolution: doubling it may require a significant increase in HPC cluster resources. Quantinuum claims that using quantum systems will achieve higher data detail at lower costs. Theoretically, adding just one qubit doubles the dimensionality of the quantum state space, enabling exponential scaling without inflating infrastructure. “This is potentially an important industrial case. We can offer a more efficient path for energy exploration, providing high data accuracy at lower computational costs compared to classical methods,” said Quantinuum President and CEO Rajib Hazra. Currently, the project is in its early stages. The parties have not disclosed specific algorithm types or exact timelines for achieving "quantum supremacy" over traditional geophysical systems. The energy sector is becoming a major testing ground for quantum technologies. In 2025, Saudi Aramco also launched the specialized quantum emulator Dammam 7Q for similar subsurface studies. Back in May 2026, Cisco's Global Director of Innovation Guy Diedrich announced that the company would prepare network infrastructure ahead of the quantum leap.
Nvidia (NVDA) Crushes Earnings as Bitcoin Miners Benefit from AI Data Center Shift
Nvidia posted $81.62B Q1 revenue, up 85% YoY. Bitcoin miners shifting to AI infrastructure like Core Scientific and Cipher Mining benefit from the boom. The post Nvidia (NVDA) Crushes Earnings as Bitcoin Miners Benefit from AI Data Center Shift appeared first on Blockonomi.
SEC Hits Pause on 24 Prediction Market ETFs Amid Regulatory Uncertainty
The SEC has postponed approval of 24 prediction market ETFs from Bitwise, Roundhill, and GraniteShares, seeking public feedback on the novel products. The post SEC Hits Pause on 24 Prediction Market ETFs Amid Regulatory Uncertainty appeared first on Blockonomi.
METR report warns of rogue AI deployments at major tech firms
The report highlights the urgent need for robust governance and oversight in AI deployment to prevent unauthorized system modifications. The post METR report warns of rogue AI deployments at major tech firms appeared first on Crypto Briefing.
Euro-zone business activity shrinks at fastest pace since 2023
Euro-zone's economic contraction pressures ECB to cut rates, potentially boosting risk assets but also signaling broader economic fragility. The post Euro-zone business activity shrinks at fastest pace since 2023 appeared first on Crypto Briefing.
AMD launches $3,999 Ryzen AI Halo PC to compete with Nvidia DGX Spark
AMD's entry into local AI hardware challenges Nvidia's dominance, potentially reshaping enterprise AI strategies and market dynamics. The post AMD launches $3,999 Ryzen AI Halo PC to compete with Nvidia DGX Spark appeared first on Crypto Briefing.
Cerebras CEO Andrew Feldman explains why he built the world’s largest AI chip
Cerebras' innovative wafer-scale AI chip could redefine AI infrastructure, challenging industry norms and potentially reshaping market dynamics. The post Cerebras CEO Andrew Feldman explains why he built the world’s largest AI chip appeared first on Crypto Briefing.
Hyperliquid (HYPE) Surges Past $56 as ETF Trading Volume Spikes 50%
Hyperliquid (HYPE) surges 120% YTD to $56 amid short squeeze and 50% ETF volume jump. Bitwise and 21Shares funds see $25.5M inflows as analysts eye $60 target. The post Hyperliquid (HYPE) Surges Past $56 as ETF Trading Volume Spikes 50% appeared first on Blockonomi.
MAPO Token Plunges 96% Following Quadrillion-Token Bridge Hack
MAPO token plummeted 96% after a hacker exploited Butter Network's bridge to mint 1 quadrillion tokens, draining ~$180K in ETH from liquidity pools. The post MAPO Token Plunges 96% Following Quadrillion-Token Bridge Hack appeared first on Blockonomi.
METR report warns of rogue AI deployments at major tech firms
The report highlights the urgent need for robust governance and oversight in AI deployment to prevent unauthorized system modifications. The post METR report warns of rogue AI deployments at major tech firms appeared first on Crypto Briefing.
Cerebras CEO Andrew Feldman explains world’s largest AI chip
Cerebras' innovative wafer-scale AI chip could redefine AI infrastructure, challenging industry norms and potentially reshaping market dynamics. The post Cerebras CEO Andrew Feldman explains world’s largest AI chip appeared first on Crypto Briefing.
IOTrader raises $3.8M ahead of token launch, co-led by Animoca Brands and ViaBTC Capital
IOTrader's funding and upcoming token launch highlight a trend towards platform consolidation in DeFi, aiming for broader Web3 adoption. The post IOTrader raises $3.8M ahead of token launch, co-led by Animoca Brands and ViaBTC Capital appeared first on Crypto Briefing.
Syndicate Labs winds down after 5 years, citing shrinking rollup market
The Ethereum rollup market is dominated by Arbitrum and Base, which have a combined 68% market share, according to L2Beat.
Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis
Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million.
Silvergate’s Fraher breaks silence on settlement with Gensler’s SEC
Former Silvergate executive Kate Fraher said the rule that prevented her from sharing her side of the story was unconstitutional. It was finally lifted by the SEC this week.
How to Retain Your Identity When AI Takes Over Your Job
In the past, individuals measured their worth by productivity. The advancement of artificial intelligence has led to the automation of routine tasks and altered business norms, prompting a reevaluation of our existence's purpose. ForkLog spoke with JetUp's COO, Georgy Fomchenkov, about why written code has become a burden, how to prevent neural networks from taking authorship of one's life, and what the world might look like in 2040. ForkLog (FL): Georgy, in your essay “The End of the Useful Human”, you state that AI threatens not the individual, but their social role — “the HR department form.” Why is that? Georgy Fomchenkov (G. F.): The fact is that this “historical contract” and social roles emerged literally a few hundred years ago. Before the industrial era, people defined themselves differently: “I am a father,” “I am a husband,” “I engage in creativity.” There were many facets. Over the past 200 years, we have merged with our professions: “I am a lawyer,” “I am a journalist.” Roles and people became one. When we say AI will replace us, we mean it will primarily replace these roles. The main question now is: what to do when a person wakes up, there is no work, food is available, but they are deadly bored? If people are not taught from childhood to seek inner meaning, they will find themselves empty and start looking for substitutes. FL: In your lecture “Programming in the Era of Grey Boxes”, you claim that AI has completely changed the development paradigm. G. F.: The main shift is that programmers need to adapt to working with a system they do not fully control. This is the “grey box.” Instead of understanding every line of code, a strong engineer today is one who can surround it with the right metrics and tests to prove its safety and functionality. FL: In large companies, directors are already widely imposing vibe coding on developers, although programmers complain that checking generated code takes more time. What's the catch? G. F.: Company management believes neural networks will replace everything right now. But programmers also need to adapt. The main savings today lie not in the speed of writing code but in reducing unnecessary communications. My team lead saved a lot of time simply because we let go of weak employees, and he no longer needs to spend 40% of his day on calls and mentoring. Minor tasks are now handled by AI. FL: Modern AI assistants are becoming incredibly empathetic and caring. How can a person not lose “authorship of their own life” when it is so psychologically comfortable to let the machine make decisions? G. F.: If a child is told from a young age that AI is only a helper and friend, they will grow up to be someone who relies entirely on algorithms and will always choose the easiest path. AI is like a chainsaw. I enjoy using it to cut wood, but we wouldn't give a chainsaw to a child, would we? Because they might cut off their leg. AI is a fantastic tool, but it is a tool of increased danger that needs strict regulation. Otherwise, it will simply replace other people and human life itself. FL: Let's look into the future. What will an average person's typical weekday look like in 2040? G. F.: I think people will wake up and spend two to three hours on some activity. This could be a craft, community service, or teaching — something involving people. The rest of the time will be spent on communication without any agenda and the ability to work with boredom, using it as an opportunity to be alone with oneself. The future is not about flying cars. It's about waking up in the morning and enjoying life again. However, there is one unpleasant nuance. Due to the abundance of very cheap machine intelligence, genuine interaction with a living, intelligent person may become a premium service. The conversation has been significantly shortened. Watch the full episode: Subscribe to the podcast: Apple Podcasts Spotify YouTube Deezer Yandex Music YouTube Music
Cardano (ADA) Eyes Recovery as Whales Accumulate 250M Tokens and TD Sequential Signals Buy Opportunity
Cardano (ADA) holds $0.25 support as whales buy 250M tokens. TD Sequential buy signal emerges amid mixed technicals. Key levels and targets analyzed. The post Cardano (ADA) Eyes Recovery as Whales Accumulate 250M Tokens and TD Sequential Signals Buy Opportunity appeared first on Blockonomi.
Securitize Reports Record-Breaking Q1 Performance Ahead of 2026 Public Debut
Securitize achieves record Q1 revenue of $19.5M, up 39% YoY, with $3.4B in tokenized assets as it prepares for a 2026 SPAC merger and public listing. The post Securitize Reports Record-Breaking Q1 Performance Ahead of 2026 Public Debut appeared first on Blockonomi.
Crypto tax relief bill asks IRS to review small payments
US lawmakers introduced the PARITY Act, directing Treasury to review crypto tax relief for small payments, stablecoins and staking.
MAPO crashes to record lows, bridge attack overwhelms circulating supply
MAPO, the native token of Map Protocol, has collapsed by 96% after attackers exploited the Butter Network cross-chain bridge to mint an enormous amount of unauthorized tokens. According to blockchain security firm Blockaid, the attacker created a quadrillion MAPO tokens…
By The Numbers: How Much Bitcoin Supply Is Exposed To Quantum Risk?
Analytics firm Glassnode has broken down how much of the Bitcoin supply is at risk due to Quantum Computing and what its composition looks like. 6.04 Million Bitcoin Is Estimated To Be Exposed To Quantum Risk In a new X article, Glassnode has talked about the part of the Bitcoin supply in circulation that’s exposed […]
Community Is King: Why Wadoozie Is Ditching Online Hype for Real-World Participation
Wadoozie is a narrative-driven, on-chain attention network built on Ethereum, pairing a native ERC-20 token ($WADZ) with a real-world 48-state U.S. tour, 576 Signal Fragments redeemable for tokens (336 hidden across the 48 states, 240 in an online pool), and a Publishers Network that pays creators directly from a dedicated 7% of total supply. This […]
Taiwan seeks to detain three for forging documents to export Nvidia AI chips to China
The crackdown on illegal chip exports highlights the intensifying tech rivalry, potentially accelerating US-China tech ecosystem decoupling. The post Taiwan seeks to detain three for forging documents to export Nvidia AI chips to China appeared first on Crypto Briefing.
Zcash (ZEC) Rallies Nearly 90% as Privacy Coins Make a Comeback
Zcash (ZEC) surged 90% in a month after the SEC dropped its investigation. Explore key price levels, foundation reserves, and analyst predictions. The post Zcash (ZEC) Rallies Nearly 90% as Privacy Coins Make a Comeback appeared first on Blockonomi.
Syndicate Closes Operations Amid Rollup Ecosystem Downturn
Syndicate is closing its development operations after the Rollup market shifted toward custom chains, though SYND token governance remains active. The post Syndicate Closes Operations Amid Rollup Ecosystem Downturn appeared first on Blockonomi.
Nakamoto moves ahead with reverse stock split as Nasdaq deadline nears
Bitcoin treasury company Nakamoto has moved forward with a 1-for-40 reverse stock split after receiving a Nasdaq warning over its prolonged share price decline. According to a filing with the U.S. Securities and Exchange Commission, Nasdaq notified the company on…
HYPE Surges Above $57 as Short Squeeze Pushes it 2% Away From ATH
Deeply negative funding rates failed to cool HYPE, turning crowded bearish bets into fuel for a 17% rally.
South Korea’s KOSPI surges 8% as Samsung averts major chip factory strike
Samsung's strike avoidance stabilizes chip supply, boosting AI infrastructure growth and positively impacting both tech equities and AI-related crypto tokens. The post South Korea’s KOSPI surges 8% as Samsung averts major chip factory strike appeared first on Crypto Briefing.
German private-sector activity contracts for second month amid war
Germany's economic contraction amid geopolitical tensions may prompt ECB policy shifts, affecting eurozone stability and investment strategies. The post German private-sector activity contracts for second month amid war appeared first on Crypto Briefing.
Market Wrap: Nvidia (NVDA) Earnings Disappoint Bulls While Bitcoin (BTC) Clings to $77K Support
Nvidia earnings beat but stock falls 1%. Bitcoin holds $77K support as Fed rate concerns mount. SpaceX files S-1. Euro stablecoin consortium expands to 37 banks. The post Market Wrap: Nvidia (NVDA) Earnings Disappoint Bulls While Bitcoin (BTC) Clings to $77K Support appeared first on Blockonomi.
SEC holds back prediction market ETFs pending public feedback
The U.S. Securities and Exchange Commission has delayed several proposed prediction market exchange-traded funds as regulators weigh how event-based contracts should fit within the existing ETF framework. According to a statement released Wednesday, SEC Chair Paul Atkins said the agency…
SpaceX IPO filing exposes bigger Bitcoin bet than expected
SpaceX disclosed 18,712 Bitcoin in its IPO filing, topping earlier estimates and Tesla’s BTC holdings ahead of its planned Nasdaq debut.
Soluna Buys out Dorothy 1B as Bitcoin-to-AI Campus Conversion Advances
Soluna (NASDAQ: SLNH) Holdings has acquired full ownership of another portion of its flagship Texas campus, continuing a broader effort to transform a bitcoin mining complex into an AI and high-performance computing site backed by owned renewable energy. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy […]
South Korea’s KOSPI surges 8% as Samsung averts strike, sending ripples through AI token markets
Samsung's strike avoidance stabilizes chip supply, boosting AI infrastructure growth and positively impacting both tech equities and AI-related crypto tokens. The post South Korea’s KOSPI surges 8% as Samsung averts strike, sending ripples through AI token markets appeared first on Crypto Briefing.
Ripple (XRP) Hovers at $1.37 While ETF Inflows Surge Past $1.39 Billion Mark
XRP trades at $1.37 as ETF inflows extend to four days straight, reaching $1.39B total. Technical resistance at $1.3940 remains a crucial hurdle for bulls. The post Ripple (XRP) Hovers at $1.37 While ETF Inflows Surge Past $1.39 Billion Mark appeared first on Blockonomi.
Nvidia (NVDA) Stock Slides in After-Hours Trading Despite Crushing Q1 Earnings Expectations
Nvidia (NVDA) dropped after hours despite beating Q1 estimates with $81.6B revenue and $91B Q2 guidance. CEO Jensen Huang revealed the Vera chip launch. The post Nvidia (NVDA) Stock Slides in After-Hours Trading Despite Crushing Q1 Earnings Expectations appeared first on Blockonomi.
Bank of Japan’s Koeda emphasizes stronger role in combating inflation
The BOJ's shift to combat inflation highlights a strategic pivot towards sustainable economic stability, impacting global financial markets. The post Bank of Japan’s Koeda emphasizes stronger role in combating inflation appeared first on Crypto Briefing.
Jane Street accused of insider trading via Telegram channel with Terraform Labs
The lawsuit could set a precedent for increased scrutiny and regulation of trading firms' use of private communication channels. The post Jane Street accused of insider trading via Telegram channel with Terraform Labs appeared first on Crypto Briefing.
Nvidia’s Huang spurs Asia tech rally with AI and robotics hype
Nvidia's AI and robotics push signals a long-term growth cycle, boosting Asian tech sectors and reshaping global supply chains and investments. The post Nvidia’s Huang spurs Asia tech rally with AI and robotics hype appeared first on Crypto Briefing.
Nvidia CEO Jensen Huang assures investors on growth, $1T sales forecast
Nvidia's growth strategy could reshape global tech infrastructure, influencing AI, crypto markets, and competitive dynamics in the chip industry. The post Nvidia CEO Jensen Huang assures investors on growth, $1T sales forecast appeared first on Crypto Briefing.
SpaceX Discloses Bitcoin Holdings in IPO Filing
Elon Musk's space company SpaceX has submitted a public filing to the SEC for an IPO. According to the S-1 form, as of March 31, the firm held 18,712 BTC, acquired for $661 million. The average purchase price was $35,300 per coin, and the market value of the reserve at the end of the quarter was estimated at $1.29 billion. SpaceX plans to list on Nasdaq under the ticker SPCX. If the Commission approves the stock offering, SpaceX will become one of the largest public companies with a corporate reserve in the leading cryptocurrency. By the volume of bitcoins, the company already surpasses Coinbase, which holds 16,492 BTC. The IPO is set to be the largest market debut in the U.S. in recent years. WSJ and Reuters report that the company's valuation is around $1.75 trillion, with potential fundraising of $75-80 billion. Connections Within Musk's Ecosystem The filing details SpaceX's relationships with other Musk assets. The documents mention commercial and financial ties with: Tesla; xAI; X; The Boring Company. This means investors will evaluate not only SpaceX's space and satellite business but also the broader network of interconnections within Musk's companies. The cryptocurrency reserve mentioned in the filing is particularly intriguing in light of Tesla's past. In 2021, the automaker purchased bitcoins worth $1.5 billion, later selling a significant portion of the position. It now emerges that SpaceX has also been holding a substantial reserve of digital gold all this time. Earlier in February, SpaceX acquired another of Musk's AI startups, xAI, creating the world's most valuable private company valued at $1.25 trillion.
Nvidia (NVDA) Stock Slips in After-Hours Despite Record Earnings and Strong Q2 Forecast
Nvidia (NVDA) stock fell 1.6% after hours despite beating Q1 estimates and issuing strong Q2 guidance. CEO unveils Vera chip for new $200B market segment. The post Nvidia (NVDA) Stock Slips in After-Hours Despite Record Earnings and Strong Q2 Forecast appeared first on Blockonomi.
Iran war pressures emerging Asian markets, fuels bearish currency scenarios
Emerging Asian markets face economic strain from geopolitical tensions, risking currency devaluation, inflation, and reduced remittances. The post Iran war pressures emerging Asian markets, fuels bearish currency scenarios appeared first on Crypto Briefing.
Meta trains AI on internal engineers’ work as it cuts 8,000 jobs
Meta's AI training on employee work amid layoffs risks reputational damage, legal scrutiny, and challenges in attracting top talent. The post Meta trains AI on internal engineers’ work as it cuts 8,000 jobs appeared first on Crypto Briefing.
JPMorgan plans to hire more AI specialists, warns of job cuts
JPMorgan's AI-driven workforce shift highlights a broader trend in corporate America, emphasizing tech skills over traditional roles. The post JPMorgan plans to hire more AI specialists, warns of job cuts appeared first on Crypto Briefing.
SpaceX reveals $4.28B loss in IPO filing, Musk retains control through super-voting shares
SpaceX's financial losses and Musk's control may challenge investor confidence, impacting future capital access and competitive positioning. The post SpaceX reveals $4.28B loss in IPO filing, Musk retains control through super-voting shares appeared first on Crypto Briefing.
SpaceX hires engineers and physicists for SpaceXAI initiative
SpaceX's AI recruitment strategy could redefine talent acquisition in tech, emphasizing skills over industry experience, impacting innovation. The post SpaceX hires engineers and physicists for SpaceXAI initiative appeared first on Crypto Briefing.