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…
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.
Bitcoin Policy Breakthrough Brewing in Washington
Capitol Hill is bracing for a "landmark day" in cryptocurrency regulation as digital assets increasingly intersect with U.S. national security.
Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee
RBI's interventions highlight challenges in maintaining currency stability amid global market pressures and domestic economic demands. The post Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee appeared first on Crypto Briefing.
Euro stablecoin project adds 25 new banks to consortium, bringing total to 37
The expansion of the euro stablecoin consortium could reshape Europe's financial landscape, challenging US dominance and altering market dynamics. The post Euro stablecoin project adds 25 new banks to consortium, bringing total to 37 appeared first on Crypto Briefing.
Ethereum (ETH) Price Holds $2,100 Support Amid Week-Long ETF Exodus
Ethereum (ETH) price analysis: Holding above $2,100 despite 7-day ETF outflow streak, weakening US sentiment, and key resistance at $2,150. What's next? The post Ethereum (ETH) Price Holds $2,100 Support Amid Week-Long ETF Exodus appeared first on Blockonomi.
Jane Street Hit With Lawsuit Over Alleged Insider Trading During Terra Crash
Jane Street accused in federal lawsuit of using secret Telegram channel to profit from Terra collapse, allegedly making $134M from insider trading. The post Jane Street Hit With Lawsuit Over Alleged Insider Trading During Terra Crash appeared first on Blockonomi.
OpenAI breakthrough shifts Math AI market dynamics, impacts Anthropic’s position
OpenAI's breakthrough reshapes Math AI competition, potentially redefining industry standards and challenging Anthropic's market leadership. The post OpenAI breakthrough shifts Math AI market dynamics, impacts Anthropic’s position appeared first on Crypto Briefing.
Jane Street allegedly used insider info to profit from UST collapse
The case underscores the need for stricter crypto regulations and transparency, highlighting vulnerabilities in insider trading prevention. The post Jane Street allegedly used insider info to profit from UST collapse appeared first on Crypto Briefing.
OpenAI aims for speedy IPO amid competitive landscape
OpenAI's IPO could reshape AI investment dynamics, intensifying competition and boosting infrastructure demand, impacting tech giants and investors. The post OpenAI aims for speedy IPO amid competitive landscape appeared first on Crypto Briefing.
Trump plans to speak with Taiwan’s leader about $14B arms sale
The potential arms sale could escalate US-China tensions, altering the strategic balance and impacting Taiwan's defense reliance on the US. The post Trump plans to speak with Taiwan’s leader about $14B arms sale appeared first on Crypto Briefing.
FBI’s NexFundAI sting reveals widespread crypto market manipulation
The FBI's proactive crypto sting highlights increased regulatory sophistication, signaling a shift towards more robust market oversight and deterrence. The post FBI’s NexFundAI sting reveals widespread crypto market manipulation appeared first on Crypto Briefing.
Morgan Stanley mandates separate phones for bankers on China trips
Global firms may increasingly adopt stringent data security measures for operations in China, impacting international business dynamics. The post Morgan Stanley mandates separate phones for bankers on China trips appeared first on Crypto Briefing.
Tesla’s FSD launch in China intensifies competition with local EV makers
Tesla's FSD launch in China highlights the growing challenge from local EV makers, emphasizing the need for innovation to maintain market share. The post Tesla’s FSD launch in China intensifies competition with local EV makers appeared first on Crypto Briefing.
Samsung Electronics averts 18-day strike with tentative wage deal
The tentative wage deal averts immediate supply chain disruptions, stabilizing AI hardware costs and supporting decentralized GPU networks' growth. The post Samsung Electronics averts 18-day strike with tentative wage deal appeared first on Crypto Briefing.
Bitcoin (BTC) Hits Critical Resistance at 200-Day MA — Can Bulls Regain Control?
Bitcoin (BTC) faces rejection at the 200-day moving average near $82,400, pulling back to $77,900 as ETF outflows and weak demand signal trouble ahead. The post Bitcoin (BTC) Hits Critical Resistance at 200-Day MA — Can Bulls Regain Control? appeared first on Blockonomi.
CoinFlip faces Missouri lawsuit over alleged crypto ATM scams
Missouri sued CoinFlip over alleged crypto ATM scams, seeking a state ban, restitution and up to $1.826m in civil penalties.
Bitcoin Quantum Exposure: Glassnode Says 30% of Supply Is Highly Vulnerable
A new study by Glassnode is putting fresh focus on a security risk for the wider Bitcoin (BTC) ecosystem—one that relates not to today’s cryptography, but to what could happen if quantum computers become powerful enough to run the right algorithms. According to the research, 6.04 million Bitcoin, or 30.2% of the issued supply, is […]
Hyperliquid poised to break all-time high as trading activity surges
Hyperliquid's surge highlights the volatile nature of DeFi markets, where rapid gains can quickly reverse, impacting investor sentiment and market stability. The post Hyperliquid poised to break all-time high as trading activity surges appeared first on Crypto Briefing.
Samsung Electronics strike on hold as union votes on pay deal
The tentative deal's outcome could redefine labor dynamics in Korea's tech sector, impacting Samsung's cost structure and market competition. The post Samsung Electronics strike on hold as union votes on pay deal appeared first on Crypto Briefing.
Meta transforms its entire workforce into an AI post-training lab
Meta's AI post-training strategy could enhance ad efficiency and revenue, but execution risks may hinder genuine model improvements. The post Meta transforms its entire workforce into an AI post-training lab appeared first on Crypto Briefing.
US targets Iran’s $7.7B in cryptocurrency, freezes $500M in assets under Operation Economic Fury
The US's aggressive crypto asset freezes highlight the growing role of digital currencies in geopolitical strategies and sanctions enforcement. The post US targets Iran’s $7.7B in cryptocurrency, freezes $500M in assets under Operation Economic Fury appeared first on Crypto Briefing.
South Korean fintech NHN KCP launches 2-second stablecoin payment pilot on Avalanche
The pilot could accelerate the adoption of blockchain in mainstream finance, potentially reshaping digital payment systems globally. The post South Korean fintech NHN KCP launches 2-second stablecoin payment pilot on Avalanche appeared first on Crypto Briefing.
Bitcoin Rally May Have Been A Trap – Here’s What Demand Data Reveals
Bitcoin is struggling as the price loses the $80,000 level and the market faces a wave of selling pressure that has erased the confidence built during weeks of recovery. The breakdown raises an immediate question that a CryptoQuant report has now answered with uncomfortable precision: what was actually driving the rally that carried Bitcoin back […]
Ontop Uses Opentrade APIs to Turn Idle Payroll Cash Into 3% APR Rewards
Fintech payroll platform Ontop has partnered with stablecoin yield infrastructure provider Opentrade to launch a platform-wide ~3% APR rewards program for its remote workforce users. Mitigating Risk for Cross-Border Workers Ontop has rolled out a ~3% APR rewards program for its global workforce users after integrating stablecoin yield infrastructure from Opentrade. Under the program, Ontop […]
SpaceX plans to offer AI compute at extremely high scale, says Musk
SpaceX's orbital AI compute initiative could revolutionize data center economics, leveraging space's unique advantages for cost efficiency. The post SpaceX plans to offer AI compute at extremely high scale, says Musk appeared first on Crypto Briefing.
Samsung reaches deal to avert strike over AI profits
Samsung's profit-sharing deal with its union sets a precedent for higher labor costs in AI chip production, influencing industry standards. The post Samsung reaches deal to avert strike over AI profits appeared first on Crypto Briefing.
Israeli airstrikes in Lebanon complicate diplomatic prospects, impact markets
The airstrikes exacerbate regional instability, hinder diplomatic efforts, and signal potential for further military escalation, affecting global markets. The post Israeli airstrikes in Lebanon complicate diplomatic prospects, impact markets appeared first on Crypto Briefing.
Coinbase USDF launch gives Flipcash a stablecoin edge
Coinbase launched Flipcash’s USDF on Solana, backed 1:1 by USDC, as branded stablecoin infrastructure grows across payments and apps today.
Trump: US-Iran nuclear deal talks in final stages, oil price spike unlikely
Progress in US-Iran talks may stabilize oil markets and reduce geopolitical tensions, influencing global economic and regional stability. The post Trump: US-Iran nuclear deal talks in final stages, oil price spike unlikely appeared first on Crypto Briefing.
SpaceX edges toward $1.8T IPO as critics question space data center ambitions
SpaceX's ambitious IPO could reshape satellite internet and data center markets, but faces latency and regulatory hurdles impacting growth. The post SpaceX edges toward $1.8T IPO as critics question space data center ambitions appeared first on Crypto Briefing.
Meta Platforms lays off 8,000 employees, reassigns 7,000 to AI roles
Meta's AI shift may boost innovation but risks productivity issues if reassignments fail, impacting its competitive edge against tech giants. The post Meta Platforms lays off 8,000 employees, reassigns 7,000 to AI roles appeared first on Crypto Briefing.
SpaceX flags Grok’s ‘Spicy’ mode as IPO risk amid litigation concerns
SpaceX's IPO faces heightened risk due to potential legal liabilities from AI misuse, impacting investor confidence and regulatory scrutiny. The post SpaceX flags Grok’s ‘Spicy’ mode as IPO risk amid litigation concerns appeared first on Crypto Briefing.
OpenAI model solves 80-year-old planar unit distance problem
AI's breakthrough in disproving Erds' conjecture could revolutionize combinatorial geometry, impacting computational fields and problem-solving. The post OpenAI model solves 80-year-old planar unit distance problem appeared first on Crypto Briefing.
AMD pledges over $10B for AI investments in Taiwan
AMD's investment in Taiwan strengthens global AI infrastructure, fostering innovation and competition in the rapidly growing AI market. The post AMD pledges over $10B for AI investments in Taiwan appeared first on Crypto Briefing.
China’s yuan slides to 2.38% of global SWIFT payments in April, dropping two spots to sixth place
China's struggle to increase its global payment share highlights the resilience of existing financial systems and the challenges of RMB internationalization. The post China’s yuan slides to 2.38% of global SWIFT payments in April, dropping two spots to sixth place appeared first on Crypto Briefing.
SEC seeks public comment as it weighs prediction market ETFs
Bitwise, Roundhill Investments and GraniteShares had their prediction market ETF applications put on hold by the SEC earlier this month.
Pi Network’s PI Token Gains Momentum Amid Bullish News From OKX
Here's what the team behind the project expects OKX will provide.