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blockonomi.com Bitcoin Traders Return to Derivatives Markets After 8 Months of Deleveraging

TLDR: Binance Bitcoin futures Open Interest climbed from $6.4B in March to $8.96B, topping the 180-day moving average. The eight-month deleveraging phase mirrors conditions last seen in 2022, just before the FTX collapse hit markets. Speculative traders returned to Bitcoin derivatives despite a continued deterioration in the global macro environment. Analysts warn the recovery trend [...] The post Bitcoin Traders Return to Derivatives Markets After 8 Months of Deleveraging appeared first on Blockonomi.

forklog.media Europe Warned of Dangerous Dependence on Starlink and American AI

Europe should not rely on US AI infrastructure and systems like Starlink due to the "dangerous" overdependence. This statement was made by Bouygues CEO Olivier Roussat in a conversation with CNBC. "There are two areas of the future whose importance Europe needs to recognize. These are artificial intelligence and satellite communications," he emphasized. Bouygues is one of the largest French engineering conglomerates. It operates in the construction sector, transportation, and telecommunications. The company aims to consolidate the communications market in France. "I'm not sure we necessarily need Starlink or something similar. Europe needs something to gain some sovereignty," Roussat added. According to him, a single non-state player could independently disable internet connectivity across the continent. Starlink — the Leader SpaceX's Starlink dominates the global satellite internet market. The company operates a fleet of over 10,000 spacecraft in low Earth orbit — a region of space located within 2,000 km of the Earth's surface. Musk's company plans to go public on Nasdaq under the ticker SPCX, conducting the largest IPO in history. It has filed a prospectus with the US Securities and Exchange Commission. The document states that the firm's communications division, mainly consisting of Starlink, generated $11.39 billion in revenue in 2025 — 61% of total sales. In the first quarter of 2026, the figure rose to 69%. Starlink is the sole source of profit for the space company — the division brought in $4.42 billion for the firm over the year. Meanwhile, the rocket launch department, including contracts with NASA and the Department of Defense, recorded a loss of $657 million. The AI division's financial situation is even worse — -$6.35 billion. In the first quarter, Starlink's user base more than doubled compared to the previous year, reaching 10.3 million people. SpaceX estimates its potential market at $28.5 trillion. The figure includes: broadband access — $870 billion; mobile division — $740 billion; digital advertising — $600 billion.  AI infrastructure — $2.4 trillion; enterprise applications market — $22.7 trillion. "We believe we are still in the early stages of transforming enterprises with artificial intelligence, with AI-based enterprise applications poised to reshape the digital economy," states the SpaceX document. Competition Intensifies In 2026, Starlink entered the Brand Finance ranking of the top 500 brands for the first time. Meanwhile, competitors are closing in: OneWeb, managed by France's Eutelsat, has a constellation of over 600 satellites; Amazon launched over 300 orbital devices last year, approaching the release of its Leo service, which will eventually include a constellation of about 7,700 space objects; Jeff Bezos's Blue Origin plans to deploy around 5,400 satellites starting in the fourth quarter of 2027; China's Guowang, currently with about 163 devices, aims to create a mega-constellation. Data Centers in Space In February, SpaceX acquired Musk's AI startup xAI, creating the world's most valuable private company. The entrepreneur stated that the merger aims to establish data centers beyond the planet. At that time, the combined firm's valuation was estimated at $1.25 trillion. Now the figure is $1.75 trillion. Some media report a figure of $2 trillion. To create data centers in space, SpaceX requested permission from the US Federal Communications Commission to launch 1 million satellites. The project envisions a network of data centers in low Earth orbit, connected by laser channels. The document uses grand phrases like "the first step towards a second-level civilization on the Kardashev scale." Colonization of Mars and the Moon Musk plans to colonize Mars, but for now, this plan has been postponed to create a city on the Moon. Building it will take less than 10 years, according to the SpaceX CEO. The entrepreneur noted that travel to Mars is only possible when the planets align. This event occurs every 26 months, and the journey itself takes six months. People can travel to the Moon every 10 days, and the trip lasts two days. Therefore, creating a city on Earth's satellite can be done much faster. In February, it was revealed that SpaceX is participating in a secret new Pentagon competition to create autonomous drone swarms with voice control.

blockonomi.com Only 10% of RWA Liquidity Is Active in DeFi Protocols

TLDR: Only 10% of RWA liquidity is currently active inside DeFi protocols, despite rapid sector growth on-chain. Tokenized gold sits at $7B on-chain, yet just $184M is active in DeFi due to heavy compliance restrictions. Protocols like Ondo’s USDY and Maple Finance are building composable RWA products designed for DeFi markets. Regulatory moves like the [...] The post Only 10% of RWA Liquidity Is Active in DeFi Protocols appeared first on Blockonomi.

news.bitcoin.com Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval

Decentralized prediction market platform Polymarket has set its sights on Japan, appointing a local representative and launching a formal lobbying effort aimed at securing government authorization by 2030. Japanese Market Entry With a Strong Lobby Push Polymarket, the blockchain-based prediction market that hit its first $10 billion monthly trading volume in March 2026, is making […]

bitcoinist.com Not Bitcoin: US Government Bets $2 Billion On Quantum Instead

The US government is reportedly investing in Quantum Computing, the technology that could end up acting as a possible threat to Bitcoin. US Commerce Department To Give $2 Billion To Quantum Computing Firms As reported by CNBC, the US government is set to award grants to nine companies operating in the Quantum Computing sector. The […]

news.bitcoin.com ZachXBT Accuses Kucoin of Shielding $13M in Stolen Crypto From German Investigators

Onchain investigator ZachXBT has publicly accused Kucoin of allowing stolen cryptocurrency to flow freely through its platform while refusing to cooperate with German law enforcement. ZachXBT Says Kucoin Is ‘Complicit’ The pseudonymous blockchain sleuth posted a direct broadside against Kucoin on May 22. “The team is complicit and allows illicit activity to flow as long […]

forklog.media Glassnode: 6 Million BTC at Risk from Quantum Attacks

6.04 million BTC (30.2% of the market supply) are at risk of potential quantum attacks, according to analysts at Glassnode. https://t.co/hazgmSisxc— glassnode (@glassnode) May 20, 2026 The public data of these coins is already available on the blockchain, theoretically allowing the computation of private keys using powerful quantum computers. Analysts have categorized the vulnerable bitcoins into two groups. Structural Vulnerability (1.92 million BTC). Public identifiers are visible due to script features. This includes coins from the Satoshi Nakamoto era and modern Taproot (P2TR) addresses. Operational Vulnerability (4.12 million BTC). Keys have become known due to user actions: address reuse or partial spending. Source: Glassnode. The main burden falls on the operational sector, which is twice the size of the structural one. A significant portion of such coins (1.66 million BTC) is held by exchanges. The situation varies among platforms: only 5% of Coinbase's assets are vulnerable, while this figure reaches 85% for Binance, and 100% for Bitfinex and Robinhood. Meanwhile, government funds in the US, UK, and El Salvador are fully protected. Source: Glassnode. Glassnode emphasized that the study does not predict the timeline for the emergence of quantum threats. It is merely a way to assess current wallet management hygiene. To mitigate risks, exchanges and users should stop reusing addresses and implement change output rotation. Preparing for the Quantum Threat Developers of digital assets are accelerating the transition to post-quantum encryption. This has been prompted by new forecasts: experts expect powerful quantum computers to emerge by 2030. In April, Google published a study suggesting that breaking existing encryption methods may require fewer resources than previously thought. Ripple plans to update its infrastructure within two years, focusing on wallet protection. The Ethereum Foundation has also formed a team to develop a roadmap for transitioning to resilient algorithms. Circle and TRON have announced plans to protect their networks. Senior analyst at Bernstein, Gautam Chhugani, told the FT that the industry's preparation could take three to five years and "several billion, if not hundreds of billions of dollars." Bitcoin poses the greatest challenge. The network is decentralized, and transitioning to new cryptography requires coordination, which is currently lacking. "Bitcoin has no leader," noted RippleX's head of engineering, Ayo Akinyele. According to him, there are many proposals, but no single solution to protect all holders. Some experts consider the threat to be exaggerated. "This is a theoretical computer that does not yet exist. The danger is decades away," said Mysten Labs' chief cryptographer, Kostas Chalkias. He believes that vulnerabilities to AI are far more serious. Akinyele countered: skeptics underestimate artificial intelligence. Last month, Nvidia introduced AI models that accelerate the development of quantum computers. "AI helps bring the quantum threat closer. We cannot react after the fact," he added. 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.

cryptobriefing.com Spotify partners with Universal Music to enhance AI features and sets ambitious growth targets through 2030

Spotify's AI partnership with Universal Music could reshape industry norms, influencing AI licensing across creative sectors and boosting revenue. The post Spotify partners with Universal Music to enhance AI features and sets ambitious growth targets through 2030 appeared first on Crypto Briefing.

blockonomi.com Stake.com vs Bet365: Crypto vs Traditional — Plus ZunaBet’s Entry

Two Philosophies, One Industry Online gambling has always had its dividing lines, but none has become more significant than the split between crypto-native platforms and traditional fiat operators. Stake.com and Bet365 sit on opposite sides of that divide, each representing the peak of their respective approach. Comparing them reveals not just the differences between two [...] The post Stake.com vs Bet365: Crypto vs Traditional — Plus ZunaBet’s Entry appeared first on Blockonomi.

bitcoinist.com US Strategic Bitcoin Reserve Plan Takes Shape As The American Reserve Modernization Act Lands

Representative Nick Begich unveiled the American Reserve Modernization Act on Thursday, presenting the bill as a way for the United States to create a strategic Bitcoin (BTC) reserve and update how the federal government handles digital assets kept on the public balance sheet. The legislation would set up a “secure” Strategic Bitcoin Reserve inside the […]

news.bitcoin.com Applied Digital Tops 1 GW as AI Factory Campus Locks $7.5B Hyperscaler Lease

Applied Digital has signed a 15-year, take-or-pay lease at its fourth artificial intelligence (AI) Factory campus, Polaris Forge 3, with the same U.S.-based investment-grade hyperscaler that signed at Delta Forge 1 in April 2026. Applied Digital Pushes Total Contracted Revenue to $31B With Fourth AI Campus Deal Applied Digital Corp. (Nasdaq: APLD), the Dallas-based artificial […]

bitcoinist.com Tax Evasion Goes Digital: Criminals Shift To Novel Crypto Instruments – Analysts

An Italian police unit cracked a tax fraud case worth over a million dollars — and at the center of it was not a secret bank account or a shell company, but Bitcoin inscriptions. Related Reading: Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs A New Way To Hide Old Money Italy’s Economic […]

news.bitcoin.com European Commission Launches MiCA Review Targeting Stablecoins, DeFi and Staking Rules

The European Commission has launched a broad review of the EU’s landmark crypto regulation, MiCA, signaling potential changes to rules governing stablecoins, decentralized finance ( DeFi), staking, and tokenized assets. The consultation reflects how quickly digital asset markets have evolved since the framework took effect in 2024. Europe Reassesses Crypto Framework as Crypto Adoption Accelerates […]

news.bitcoin.com Kucoin Pushes Earn-and-Loan Product as ETF Capital Pulls Crypto Into New Split

Kucoin has unveiled a product allowing users to unlock liquidity by borrowing against high- liquidity crypto assets while their pledged collateral simultaneously continues to earn passive yield. The Shift to Capital Hubs Reflecting a broader industry shift from simple order-matching to advanced capital management, Kucoin has introduced an integrated “earn-and-loan” solution. The product eliminates a […]

cryptopotato.com Nexpace Announces NXPC Buyback Program to Reinforce User-Centered Ecosystem Growth in MapleStory Universe

[PRESS RELEASE – Abu Dhabi, UAE, May 22nd, 2026] Up to $10 million buyback program designed to strengthen long-term token circulation structure and support sustainable ecosystem operations. Nexpace, the Abu Dhabi-based blockchain company behind MapleStory Universe (MSU), today announced the launch of an NXPC buyback program of up to $10 million. The initiative is intended […]

bitcoinist.com Coinbase CEO Says AI Made Compliance Workflows Up To 90% Faster

The CEO of Coinbase has revealed that the platform’s recent AI upgrade has provided “huge efficiency unlocks” in various workflows. Coinbase Is Using AI In High-Stakes Compliance Workflows In an X post, Coinbase co-founder and CEO Brian Armstrong has talked about how the company has seen “great results” from using AI for updating how it […]

news.bitcoin.com Bitget Kicks Off Second Year Supporting UNICEF’s Game Changers Coalition, Backing Expansion into Financial Literacy and AI

PRESS RELEASE. Victoria, Seychelles, May 21, 2026 — Bitget, the world’s largest Universal Exchange (UEX), announced today the start of its second-year partnership in support of the UNICEF Game Changers Coalition (GCC). The coalition, which has reached over 642,000 young people, parents, and teachers across eight countries since launch, is entering a new phase of […]

cryptobriefing.com European Union to propose temporary exemption on China chips as automakers warn of production shutdowns

The EU's temporary exemption highlights the delicate balance between enforcing sanctions and maintaining industrial stability amid supply chain dependencies. The post European Union to propose temporary exemption on China chips as automakers warn of production shutdowns appeared first on Crypto Briefing.

bitcoinist.com Ethereum Traders Increase Leverage Exposure: Liquidity Returns To Binance Futures Market

Ethereum has lost more than 12% of its value over the past ten days as selling pressure has overwhelmed the recovery that briefly carried the asset toward $2,400. The decline has been sustained and consistent — not a single sharp event but a series of lower highs and lower lows that have eroded the confidence […]

news.bitcoin.com Foundation Raises $6.4M to Build Hardware That Authorizes AI Agents in Real Time

Foundation, the Boston-based bitcoin hardware wallet company, has closed a $6.4 million funding round led by Fulgur Ventures to expand its security platform beyond self-custody into identity, multi-factor authentication, and artificial intelligence (AI) agent authorization. Fulgur Ventures Backs Foundation $6.4M to Secure the Agentic Era With Passport Prime Arche Capital also participated in the round, […]