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blockonomi.com FanDuel vs BetMGM: Established Rivals and the Rise of ZunaBet

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.

blockonomi.com Applied Digital (APLD) Stock Surges Nearly 8% Following Bullish Analyst Calls and Major Data Center Wins

Applied Digital (APLD) stock surged 7.9% Wednesday after Needham raised its price target to $66, driven by new hyperscale deals and 1.7GW portfolio growth. The post Applied Digital (APLD) Stock Surges Nearly 8% Following Bullish Analyst Calls and Major Data Center Wins appeared first on Blockonomi.

forklog.media Sui Introduces Fee-Free Stablecoin Transfers

The team behind the L1 blockchain Sui has announced the launch of a fee-free transfer feature for stablecoins. This update effectively reduces the cost of stablecoin transactions on the network to $0. https://t.co/94rYcHbZ9Y— Sui (@SuiNetwork) May 20, 2026 This feature allows users and companies to conduct P2P transactions in supported assets without the need to pay fees in the native SUI token. Validators of the Sui mainnet have already begun deploying the option. The list of supported assets includes USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. The initiative is supported by the Fireblocks platform. According to the developers, several other institutional custodians and retail wallets will also integrate the functionality from day one of the launch. Adeniyi Abiodun, co-founder and CPO of Mysten Labs, stated that stablecoins are becoming part of the global financial infrastructure, yet their use remains too complex. The technological foundation of the update is Address Balances—a new balance accounting system launched on the mainnet alongside the fee-free transaction feature. Developers note that this is not a temporary promotion but a structural change in the mechanics of processing single and batch P2P transfers. Sui Network highlighted that the absence of fees makes the platform a priority infrastructure for fintech companies and AI agents requiring high-frequency and cost-effective payment flows. According to the project's statement, since August 2025, the volume of stablecoin transfers on the Sui network has exceeded $1 trillion. Back in March, the blockchain team announced the release of the native stablecoin Sui Dollar (USDsui), pegged to the US dollar.

cryptobriefing.com Rigetti Computing signs letter of intent for $100M funding from US Department of Commerce

Rigetti's potential $100M funding highlights the strategic importance of quantum computing, accelerating advancements and impacting cryptographic security timelines. The post Rigetti Computing signs letter of intent for $100M funding from US Department of Commerce appeared first on Crypto Briefing.

cryptobriefing.com Nvidia plans to return roughly half its free cash flow to shareholders through buybacks and dividends

Nvidia's capital return strategy may attract diverse investors, stabilize stock volatility, and highlight its competitive edge in AI dominance. The post Nvidia plans to return roughly half its free cash flow to shareholders through buybacks and dividends appeared first on Crypto Briefing.

cryptopotato.com BC.GAME Brings a Crypto-First Betting Experience to the 2026 Football Season

[PRESS RELEASE – BELIZE City, Belize, May 21st, 2026] The 2026 football season is expected to draw strong betting interest. For crypto players, the experience goes beyond pre-match picks, extending to live odds, promotions, casino games and entertainment content within one platform. As a crypto casino and sportsbook, BC.GAME brings football betting, crypto payments, casino […]

news.bitcoin.com Blackrock Leads Bitcoin ETF $70M Loss as Outflow Streak Reaches Fourth Day

Crypto exchange-traded fund (ETF) markets remained under pressure on Wednesday as bitcoin funds extended their losing streak to four consecutive sessions, while ether ETFs marked an eighth straight day of outflows. XRP ETFs Attract Fresh Inflows While Solana Products Pause After Strong Run The selling wave across digital asset ETFs has slowed in size, but […]

news.bitcoin.com Why the Agentic Economy Needs its Native Settlement Layer, and a Fundamental Rethink of AI Payments

I spent years at Google as a software engineer and tech lead building the systems that decide which ad you see, when you see it, and whether you clicked. Recommendation engines. Tracking pipelines. Conversion funnels. The whole architecture of the attention economy, wired together. Then, somewhere around 2024, I started noticing something. When a user […]

cryptobriefing.com European Union proposes temporary lift of sanctions on Chinese chip supplier to aid automakers

The EU's temporary sanction lift underscores the urgent need for Europe to reduce its dependency on foreign chip suppliers, highlighting geopolitical vulnerabilities. The post European Union proposes temporary lift of sanctions on Chinese chip supplier to aid automakers appeared first on Crypto Briefing.

cryptopotato.com OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

[PRESS RELEASE – Hong Kong, Hong Kong, May 21st, 2026] 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. The listing marks a significant step in bringing a state-supervised, asset-backed […]

blockonomi.com Kooc Media Expands Into AI Startup PR and Media Distribution

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.

forklog.media Polymarket Seeks Approval for Parlay Betting in the US

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.

blockonomi.com USDT0 Targets $12 Billion in Idle DeFi Capital Through Unified Stablecoin Infrastructure

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.

news.bitcoin.com Qivalis Adds 25 Banks as Europe Pushes Euro Stablecoin Infrastructure

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 […]

cryptobriefing.com UK strikes £3.7B trade deal with Gulf Cooperation Council, opening doors for fintech and digital assets

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.

blockonomi.com Bitcoin Institutional Selling Intensifies as BTC Tests Critical $77,800 Resistance Level

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.

forklog.media Google Unveils Android CLI for Third-Party AI Agents

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.

blockonomi.com FanDuel vs BetMGM: Established Rivals and the Rise of ZunaBet

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.

blockonomi.com XRP Binance Withdrawals Hit Highest Share Since April 10 as Price Holds Near $1.37

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.

blockonomi.com 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.

blockonomi.com 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.

blockonomi.com 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.

bitcoinist.com 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 […]

forklog.media 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.

news.bitcoin.com 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 […]

blockonomi.com 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.

blockonomi.com 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.