OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic.

Kooc Media has expanded into AI startup PR and media distribution, marking the agency’s formal entry into the artificial intelligence sector. Since 2017, Kooc Media has operated as a specialist PR distribution agency for the crypto, fintech, iGaming and technology industries. The expansion now brings AI startups, AI SaaS companies, machine learning businesses, AI agent [...] The post Kooc Media Expands Into AI Startup PR and Media Distribution appeared first on Blockonomi.

Syndicate Labs closes after 5 years due to declining rollup market demand. SYND token holders protected, governance continues independently under collective. The post Syndicate Labs Ceases Operations After Five Years as Rollup Demand Collapses appeared first on Blockonomi.

Polymarket US has submitted a self-certification to the US Commodity Futures Trading Commission (CFTC) for offering "combination outcome contracts." According to the documents, these bets combine two or more underlying contracts. Essentially, they are akin to sports parlay bets—winnings are paid only if all selected outcomes occur. The Polymarket application also specifies: contracts are subject to a 100% margin on the risk amount; restrictions are imposed on players, coaches, and sports organization employees; the ban extends to former participants of sports leagues and teams. Since the contracts are self-certified, Polymarket is not so much seeking explicit permission to offer them as it is notifying the CFTC of its intent. The document states that the listing will occur "no earlier than May 21, 2026." Self-certification is currently a major point of contention surrounding prediction markets. Critics argue that this mechanism allows platforms to quickly introduce products that essentially resemble sports betting, bypassing traditional state-level regulation and licensing. Polymarket US has also filed a second application with the Commission, but requested confidentiality. Regulators on Alert Debates over prediction platforms are extending beyond the CFTC. On May 20, US Securities and Exchange Commission Chairman Paul Atkins announced the start of a comment period regarding "novel ETFs," including funds based on event contracts. He noted that some issuers have already agreed to temporarily delay the launch of such products while the regulator assesses risks. On the same day, the Senate Subcommittee on Commerce and Consumer Protection held hearings on prediction markets. Representatives from both parties criticized the rapid spread of sports contracts. The main argument was that such products increasingly resemble traditional bets but operate through a federal financial framework instead of state-level gambling regulation. Subcommittee Chair Marsha Blackburn stated that lawmakers are concerned about platforms like Polymarket becoming "shadow sports bookmakers." Chairman Ted Cruz specifically noted that there is "serious disagreement" over whether the CFTC should permit sports contracts. Prediction markets have long troubled lawmakers. Insider trading is a primary topic of discussion. However, only one charge has been filed in the US in this area: active-duty military member Gannon Ken Van Dyke was suspected of using confidential information for blockchain betting. Researchers more frequently report such cases. In May, Bubblemaps analysts identified the "largest military insider" on Polymarket, who earned about $2.4 million. Earlier, CFTC Chairman Michael Selig revealed that the agency uses artificial intelligence to monitor insider trading.

RBI's pre-market intervention highlights the delicate balance between stabilizing the rupee and managing inflation, impacting global investors. The post Reserve Bank of India revives pre-market intervention to support rupee appeared first on Crypto Briefing.

Heightened US-Taiwan ties could destabilize global markets, impacting semiconductors and crypto, while escalating US-China tensions. The post Trump plans to speak with Taiwan’s president about $14B arms sale, risking China’s anger appeared first on Crypto Briefing.

China's financial overhaul aims to enhance regulatory stability, potentially boosting investor confidence but posing execution challenges. The post China cabinet discusses draft revision to central bank law, signaling sweeping financial overhaul appeared first on Crypto Briefing.

The quantum foundry's development accelerates the need for blockchain protocols to adopt quantum-resistant cryptography, impacting global tech dynamics. The post IBM and US Commerce Department unveil first purpose-built quantum foundry with $1B support appeared first on Crypto Briefing.

The US government's investment in quantum computing signals a strategic shift towards technological dominance, impacting global security and innovation. The post US government awards $2B to quantum computing firms, including IBM appeared first on Crypto Briefing.

IG will use Bitpanda’s infrastructure to expand crypto trading across Europe after its UK rollout and rising client demand.

Zcash is printing a huge surge in trading volume, which reflects its placement on the market as one of the strongest assets in bear market.

TLDR: Over $12 billion in DeFi liquidity sits dormant at any given time due to fragmented stablecoin infrastructure across chains. Between 83% and 95% of deposited DeFi liquidity goes unused, mirroring the inefficiency of traditional nostro and vostro accounts. USDT0 maintains one unified USDT supply across 20+ chains, removing the structural need for pre-positioned buffer [...] The post USDT0 Targets $12 Billion in Idle DeFi Capital Through Unified Stablecoin Infrastructure appeared first on Blockonomi.

RBI's pre-market intervention highlights the delicate balance between stabilizing the rupee and managing inflation, impacting global investors. The post Reserve Bank of India revives pre-market intervention to support rupee appeared first on Crypto Briefing.

The nuclear escalation complicates diplomatic efforts, reducing peace prospects and increasing geopolitical instability in Eastern Europe. The post Russia delivers nuclear warheads to Belarus, escalating NATO tensions appeared first on Crypto Briefing.

Activist investor pressure on Big Tech's AI energy use could reshape regulatory landscapes, financial risks, and ESG investment dynamics. The post Activist investors press Amazon, Google, Meta on AI energy use and climate goals appeared first on Crypto Briefing.

The European Commission officially announced today, May 20, 2026, that it is seeking feedback on the current functioning of the European Union’s crypto-asset framework.

Cardano founder warns the network could lose its scientific identity after Japanese dReps vote against critical research funding for IOG labs. The post Cardano (ADA) Faces Research Crisis as Japanese dReps Block IOG Funding Proposal appeared first on Blockonomi.

• #Cardano

25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based payment infrastructure independent of U.S.-dominated networks. European Banks Expand Qivalis to 37 Members Across 15 Countries A growing coalition of European banks is accelerating efforts […]

The US government's equity stakes in quantum firms could accelerate tech development, impacting cryptography and national security dynamics. The post US to award $2B to quantum computing firms, takes equity stakes appeared first on Crypto Briefing.

CME's XRP futures success highlights growing institutional interest in regulated crypto products, potentially reshaping market dynamics. The post CME Group reports $63B in notional trading volume for XRP futures in first year appeared first on Crypto Briefing.

The UK-GCC trade deal enhances fintech collaboration, potentially boosting digital asset markets but raises human rights compliance issues. The post UK strikes £3.7B trade deal with Gulf Cooperation Council, opening doors for fintech and digital assets appeared first on Crypto Briefing.

Fantasy Top's closure highlights the need for crypto gaming to innovate beyond traditional models, focusing on unique user behaviors and incentives. The post Fantasy Top to shut down, says trading card model was never built for crypto appeared first on Crypto Briefing.

Iran's uranium decision heightens geopolitical tensions, potentially leading to renewed sanctions and complicating future diplomatic efforts. The post Iran keeps near-weapons-grade uranium, complicates US nuclear deal talks appeared first on Crypto Briefing.

TLDR: The Coinbase Premium Index has turned negative, showing institutions are selling BTC more aggressively than retail traders on Binance. Analyst Darkfost uses a volume-weighted hourly version of the index to reduce noise and track short-term institutional behavior closely. Geopolitical tension around the Strait of Hormuz is pushing institutions toward hedging strategies while awaiting macroeconomic [...] The post Bitcoin Institutional Selling Intensifies as BTC Tests Critical $77,800 Resistance Level appeared first on Blockonomi.

• #bitcoin

Astera Labs (ALAB) stock soared 18% to $287.48 after CEO highlighted Scorpio growth, Q1 beat estimates, and analysts raised targets. Up 699% since IPO. The post Astera Labs (ALAB) Stock Rockets to Record High — More Upside Ahead? appeared first on Blockonomi.

Bitcoin price stabilized near the $78,000 level on Thursday as easing geopolitical tensions, slowing ETF outflows, and improving technical indicators helped bulls defend a critical support zone. According to data from crypto.news, Bitcoin (BTC) traded at $77,960 at press time…

• #bitcoin

The Iran conflict's impact on oil supply could trigger prolonged inflation, affecting global markets, consumer spending, and monetary policy. The post Iran war accelerates depletion of global oil stocks ahead of travel season appeared first on Crypto Briefing.

The rapid growth of tokenized real-world assets signals a transformative shift in finance, challenging traditional systems and reshaping blockchain's role. The post RWA market surpasses $38B as institutions move on-chain appeared first on Crypto Briefing.

Activist investor pressure on Big Tech's AI energy use could reshape regulatory landscapes, financial risks, and ESG investment dynamics. The post Activist investors press Amazon, Google, Meta on AI energy use and climate goals appeared first on Crypto Briefing.

Intuit (INTU) stock tumbled 13% premarket despite beating Q3 estimates after announcing 17% workforce cuts and reducing TurboTax revenue guidance. The post Intuit (INTU) Stock Plunges 13% Despite Earnings Beat as Company Slashes Workforce by 17% appeared first on Blockonomi.

Google has released the stable version of Android CLI 1.0, opening the tool for third-party AI agents. The company announced the launch at the I/O 2026 conference. The update components also include: Android Skills: a GitHub repository with Markdown instructions. These are modular rule sets that help neural networks (Gemini, Claude Code, and others) better understand the specifics of Android development, from navigation to migration to Compose; knowledge base: a specialized database accessible via the android docs command. It provides AI agents with up-to-date context from Android, Firebase, and Kotlin documentation, even if the model's training data is outdated. Previously, Android CLI was primarily used with Gemini CLI and Google Antigravity. Now, the tool supports external agents like Claude Code or Codex. According to Google, this approach allows for app creation three times faster. Using Android CLI with Android skills reduces LLM token consumption by approximately 70% compared to regular chatbots lacking platform context. Integration with Android Studio In version 1.0, the tool has gained a close connection with the IDE. Through a new set of android studio commands, AI agents have access to: error analysis and symbol declaration searches; rendering Compose Preview; checking current dependency versions. Effectively, Android CLI has become a software layer over Android Studio, providing models with "semantic" access to project structure and platform resources. Google emphasized that development is not limited to its own models. The documentation explicitly mentions support for Claude and GPT. Android Studio itself now allows connecting any models, including the local Gemma 4. Android CLI has been integrated into the Antigravity 2.0 platform and Google AI Studio. The latter has gained native development capabilities, including: automatic application code generation; built-in emulator; deployment on physical devices and publishing to Google Play (internal tests). To automate complex tasks, a Journeys system has been implemented, allowing for the description of action sequences (e.g., "go to the cart and click pay") in simple terms. Despite the expansion of terminal capabilities, Google maintains Android Studio as the main hub for complex debugging and profiling, positioning the CLI as a bridge between AI and the professional development environment. A preliminary version of Android CLI is already available for download. Developers can also use the android sdk install command for quick setup of necessary environment components. Back in May, the corporation tightened its policy on the use of search AI tools following a public experiment by BBC journalist Thomas Germain.

A Rivalry That Shaped American Gambling FanDuel and BetMGM have been trading punches for years. Their rivalry has driven innovation, fueled billions in advertising spend, and given American players two genuinely strong options for online sports betting and casino gaming. Every state that legalizes online gambling becomes a new battlefield for these two, and players [...] The post FanDuel vs BetMGM: Established Rivals and the Rise of ZunaBet appeared first on Blockonomi.

TLDR: XRP Binance withdrawal transactions reached 53%, the highest share recorded since April 10, 2026. The current XRP price near $1.37 closely mirrors the April 10 setup, when withdrawals also led deposits at 53.4%. Ripple’s RLUSD integration with EDX Markets strengthens its institutional narrative amid ongoing short-term price volatility. XRP RSI sits between 31 and [...] The post XRP Binance Withdrawals Hit Highest Share Since April 10 as Price Holds Near $1.37 appeared first on Blockonomi.

JPMorgan is hiring more AI specialists and reducing operations jobs by 10%. CEO Jamie Dimon says retraining will minimize layoffs as automation advances. The post JPMorgan Chase Shifts Hiring Strategy Toward AI Talent, Away From Traditional Banking Positions appeared first on Blockonomi.

Cardano traded near $0.25 as a TD buy signal pointed to a possible ADA rebound, with $0.246 support key to the bullish setup.

• #Cardano

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.

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 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.

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.

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 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 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) 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.

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.

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.

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 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'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 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.

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.

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 […]

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's new integration positions stablecoin RLUSD for Wall Street clearing, leaving native token XRP completely behind in the marketing narrative.

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 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.

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'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'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.

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.

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.

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.

Coinbase says AI cut account restriction resolution times by 90%, with humans still checking compliance outcomes.

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'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.

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'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 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.

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 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 warned Cardano could lose scientists if a research funding proposal fails after Japanese dReps voted against it.

• #Cardano

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) 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.

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.

• #bitcoin

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…

Chainalysis said Italian authorities traced a $1.1m tax evasion case using Bitcoin Ordinals and BRC-20 tokens.

• #bitcoin

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) 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.

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.

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 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.

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'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.

Both assets have soared by double-digits on a daily scale, followed by DASH and MNT.

• #bitcoin

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 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'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.

Grayscale is back to the increasing institutional exposure via accumulation of Hyperliquid.

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.

• #bitcoin

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 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.

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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.

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'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'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' 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 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 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.

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' 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'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.