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bitcoinist.com Polymarket, Kalshi Hit New Roadblock In Spain: Regulator Opens Probe Over Law Breaches

Polymarket and Kalshi have been hit with mounting regulatory scrutiny, and Spain is now the latest jurisdiction to step in. After challenges ranging from security concerns to government investigations, Spanish regulators have begun a formal process against both prediction market operators and ordered their sites blocked nationwide. Sanctions Against Polymarket And Kalshi Spain’s Directorate General […]

blockonomi.com SpaceX’s $2 Trillion IPO: Why Tech Giants Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT) May Face Pressure

SpaceX's $2 trillion IPO in June 2026 could force investors to liquidate holdings in Nvidia, Apple, and Microsoft. Here's what the data shows. The post SpaceX’s $2 Trillion IPO: Why Tech Giants Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT) May Face Pressure appeared first on Blockonomi.

bitcoinist.com UK Targets HTX, Russia-Linked Crypto Firms Amid Crackdown On Sanction Evasion

UK authorities are ramping up their pressure on Russia with a fresh sanctions package targeting over a dozen individuals, crypto networks, and firms used to bypass the country’s sanctions. Related Reading: Polymarket Faces Ban In Indonesia Amid Growing Global Crackdown Russia-Linked Crypto Firms Hit With New Sanctions On Tuesday, the UK’s Foreign, Commonwealth & Development […]

news.bitcoin.com Vitalik Buterin Backs Kohaku Wallet Feature That Gives Ethereum Users a New Address Per Dapp

Ethereum co-founder Vitalik Buterin has endorsed a Kohaku wallet feature that automatically assigns users a unique blockchain address for every decentralized application ( dapp) they interact with, calling per- dapp address isolation “a really important place to start” in building meaningful onchain privacy. Why Single Addresses Are a Privacy Problem Most Ethereum users today interact […]

blockonomi.com Banca Sella Wins Italy Approval for Crypto Asset Services

TLDR Banca Sella became the first Italian bank authorized to provide crypto-asset services under MiCA rules. The bank plans to launch crypto custody and transfer services for selected customers by 2026. Banca Sella completed the required notification process with the Bank of Italy. The bank previously joined blockchain pilot projects supported by the Bank of [...] The post Banca Sella Wins Italy Approval for Crypto Asset Services appeared first on Blockonomi.

cryptobriefing.com Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement

The reopening highlights geopolitical tensions affecting crypto markets, emphasizing the need for robust regulatory frameworks and investor caution. The post Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement appeared first on Crypto Briefing.

forklog.media Bankless Co-Founder Sells ETH, Questions Its Valuation

David Hoffman, co-founder of the educational platform Bankless, has reduced his position in Ethereum, stating that he no longer anticipates a significant structural revaluation of the asset. I spent the weekend putting my thoughts about $ETH and Ethereum into this articleI built my career, community, and business on Ethereum, so the decision to sell deserves a deeper explanation I hope this is sufficientThank you, all https://t.co/cPCbMcz8EY— David Hoffman (@TrustlessState) May 26, 2026 Hoffman emphasized that his view of Ethereum as a network remains positive, but his investment thesis has shifted. According to him, the concept of "ETH is money" has not failed but has rather fully realized itself. The market, in his view, has given the asset "the price it deserves."  Ethereum "Distributes" Value to the Ecosystem Hoffman is confident that the project will continue to develop as infrastructure, but only a small part of this growth will be reflected in the native token's price. The reason lies in the network's architecture: Ethereum redistributes economic value in favor of decentralized applications, L2 solutions, and other projects. He described Ethereum as "a giver, not a taker." The network provides security and DeFi tools almost at cost, without accumulating a significant share of the created value in the asset. Hoffman considers the volume of generated fees as a key factor in evaluating L1 blockchains. In his opinion, Ethereum has not maintained its leadership in revenue among first-layer networks long enough to trigger a new wave of capitalization growth. As examples of the direct connection between fee income and token price, he cited the dynamics of Ether in 2021, Solana in 2024, and NEAR in 2026. The Dominance of Stablecoins and "Dollar Hegemony" Hoffman also revised his view on DeFi, NFTs, and DAOs as the foundation of a fully autonomous financial system.  He noted that the period of positive perception of the crypto industry was short (late 2020 — early 2022). Outside this timeframe, the public image of the sector was shaped by hacks, speculation, and low practical value for the mass user. He paid particular attention to stablecoins. In his view, Ethereum effectively scales recognized forms of money — primarily dollar tokens. The volume of "stablecoins" on the network grew from $3 billion in 2020 to over $160 billion. However, this success rather strengthens "dollar hegemony" than the position of the second-largest cryptocurrency as an independent monetary asset. Selling the Asset Is Not Abandoning the Network Hoffman specifically highlighted that realizing profits in Ethereum does not indicate a bearish stance towards the ecosystem. "I remain incredibly optimistic about the Ethereum network and its ecosystem," he concluded. The Bankless co-founder explained that he has reallocated capital to other market opportunities. At present, he sees no basis for a significant change in the valuation of the leading altcoin in either direction. In May, macro analyst Jordi Visser increased his position in Ethereum, calling the asset "fuel" for AI agents.

forklog.media BitMine Expands Reserves to 5.39 Million ETH

BitMine Immersion Technologies has reported the acquisition of 111,942 ETH (approximately $232 million at the time of writing). This transaction marks the company's largest purchase in 2026. 🧵 1/ BitMine provided its latest holdings update for May 26, 2026 $12.3 billion in total crypto + "moonshots": — 5,390,404 ETH at $2,134 per ETH per ETH (@coinbase) — 202 Bitcoin (BTC) — $200 million stake in Beast Industries…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) May 26, 2026 As of May 25, the firm's reserves exceeded 5.39 million ETH, representing about 4.47% of the total coin supply. BitMine has valued its total crypto assets, cash, and venture investments at $12.3 billion, including 202 BTC. The company's chairman, Tom Lee, described the drop in ETH below $2200 as an "attractive opportunity" to increase their position. He also reiterated the approaching "supercycle" in the crypto market and Ethereum. Among the drivers, Lee pointed to the tokenization of assets on Wall Street and the development of autonomous AI agents. Effective Management BitMine not only accumulates Ethereum but also stakes its assets. The company locks a significant portion of its holdings in the second-largest cryptocurrency by market capitalization—currently around 4.71 million ETH. According to the firm's calculations, the potential annual revenue from staking could reach $276 million, with a yield of 2.75% per annum over the past seven days. However, this forecast is accompanied by a disclaimer about risks and uncertainties. The company confirmed its goal to increase its share of Ethereum to 5% of the total supply. To achieve this, BitMine needs to acquire approximately 644,596 more ETH. Earlier in May, the co-founder of Bankless sold part of his Ethereum portfolio, expressing doubts about the asset's overvaluation.

bitcoinist.com 6,000 Investors Lost Everything On A 1,001x Solana Meme Coin — South Korea Just Made Its Move

South Korean prosecutors have indicted five individuals in the country’s first-ever criminal prosecution of a decentralized exchange rug pull — and the first case in which fraudulent trading charges under South Korea’s Virtual Asset User Protection Act have been applied, setting a landmark legal precedent for how the country’s crypto enforcement framework handles DEX-based market […]

bitcoinist.com Polymarket, Kalshi Hit New Roadblock In Spain: Regulator Opens Probe Over Law Breaches

Polymarket and Kalshi have been hit with mounting regulatory scrutiny, and Spain is now the latest jurisdiction to step in. After challenges ranging from security concerns to government investigations, Spanish regulators have begun a formal process against both prediction market operators and ordered their sites blocked nationwide. Sanctions Against Polymarket And Kalshi Spain’s Directorate General […]

news.bitcoin.com Spot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime

Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in their first 10 trading days, while a single wallet simultaneously withdrew $30.93 million in HYPE from Coinbase Prime. HYPE ETFs Outperform Every Prior Altcoin Debut […]

cryptobriefing.com Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike, raising fresh geopolitical risk for markets

Israel's rapid targeting of Hamas leaders highlights its strategic focus on dismantling the group's military leadership amid ongoing tensions. The post Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike, raising fresh geopolitical risk for markets appeared first on Crypto Briefing.

blockonomi.com Spot HYPE ETFs Absorb 1.04% of Market Cap in First 10 Trading Days

TLDR: Spot HYPE ETFs absorbed 1.04% of market cap in 10 days, surpassing BTC at 0.59%, ETH at 0.41%, and SOL at 0.31%. Hyperliquid TVL grew from $4.28B to $5.16B in May, with DEX volume rising from $108M to $146M in the same window. Hyperliquid controls 55% of all decentralized perps TVL and processed $190B [...] The post Spot HYPE ETFs Absorb 1.04% of Market Cap in First 10 Trading Days appeared first on Blockonomi.

news.bitcoin.com Sharplink and Forward Enter Russell Indexes With $2.3B in Crypto Holdings

Sharplink and Forward Industries are set to enter the Russell 2000 and Russell 3000 indexes on June 29. The additions could raise institutional visibility for two public companies built around large ethereum and solana treasury strategies. Crypto Treasury Firms Go Mainstream With Russell Index Inclusion Sharplink Gaming is set to join the Russell 2000 and […]

forklog.media OpenZeppelin Attributes DeFi Vulnerability to AI Advancements

Manuel Aráoz, co-founder of the cybersecurity firm OpenZeppelin, has deemed "the entire DeFi sector" unsafe. According to him, the rapid development of AI agents has created a critical asymmetry between defenders and attackers. PSA: I now consider *all* of DeFi unsafe.Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.— Manuel Aráoz (@maraoz) May 26, 2026 Aráoz mentioned that he personally advised friends and family to close all positions in DeFi protocols. This warning applies even to well-established platforms like Aave, MakerDAO, and Compound. The expert explained his stance by noting that modern neural networks already surpass humans in finding code vulnerabilities. In such a scenario, smart contract security becomes a losing battle: developers must fix every single bug, while a malicious actor using AI needs only to find one. The statement comes amid growing concerns about the use of artificial intelligence in Web3. In March, OpenZeppelin introduced OpenZeppelin Skills, a tool for training AI agents to work safely with smart contracts. At the time, the company warned of the risks of incorrect toolchain configuration and errors complicating code auditing and verification. Increasing risks have also impacted market metrics. The total value locked in the DeFi sector has decreased by 14% since mid-April, from $172 billion to $148 billion. Earlier in May, Anthropic published the first report on Project Glasswing, a program for finding vulnerabilities using the Claude Mythos model.

forklog.media “Bots Manage Bots”: a16z Co-Founder Declares Arrival of AGI

Artificial intelligence has already crossed the threshold into AGI. This was stated by Andreessen Horowitz (a16z) co-founder Marc Andreessen in a three-hour episode of The Joe Rogan Experience. According to the investor, the turning point occurred "about three months ago" following the release of the latest generations of models from OpenAI, Anthropic, Google, and xAI — GPT-5.5, Claude 4.6, Gemini 3, and Grok 4.3. The investor did not reference industry consensus or the scientific definition of AGI. In the podcast, it was presented as his personal assessment of the situation. Andreessen claims that modern models "in 99% of cases" provide better answers than almost any available expert. He describes the new versions of LLM as a "qualitative leap" and a constant cognitive enhancer — a tool for writing texts, constructing arguments, analyzing complex topics, and finding solutions. His method of working with AI involves a multi-step simplification of the answer: first "explain like I'm ten," then "like I'm five," and finally "like I'm two." Medicine The a16z co-founder shared that during an illness, he used chatbots and called such systems "the best doctor in the history of the world" due to their round-the-clock availability and ability to guide a patient step-by-step. He also stated that doctors are already widely using ChatGPT. "Everyone" asks the LLM, "what's going on with this person" after seeing a patient. Some input data during the consultation. Previously, the American Medical Association reported that 81% of doctors in the US use AI in their professional activities. The organization emphasized that such systems should remain an auxiliary tool and be used with transparency and safety requirements. Andreessen also described multimodal medical scenarios: a user uploads blood test results, after which the neural network "tells you what's wrong." He cited an acquaintance who assembled a personal AI health panel "in the spirit of Star Trek." The investor also mentioned the drop in the cost of full genome sequencing to about $200. Programming and AI Agents According to Andreessen, the current "cutting-edge level of development" in Silicon Valley involves working with about 20 AI bots simultaneously. They perform tasks in parallel 24/7, while a person checks the results "every 10 minutes" and provides feedback. The next stage is agent hierarchies. Each bot will have its own "sub-bots," and above them, bot managers. In a year, Andreessen predicts, a model with "10–20 virtual assistants, each with another 10–20 similar helpers," will become routine. Later, this will evolve into multi-level structures where "bots manage bots that manage other bots." In such a configuration, one developer will be able to oversee up to 1,000 agents and become "1,000 times more productive." Science Andreessen stated that AI is progressing particularly rapidly in areas with "provably correct answers" — mathematics, physics, chemistry, biology, and programming. According to him, systems are already solving problems that humans could not. Next comes the creation of new drugs, cancer treatment, acceleration of space research, and the discovery of "new physics." Back in May, an AI model from OpenAI disproved an 80-year-old hypothesis by Paul Erdős on unit distances.

blockonomi.com Chainlink Exchange Outflows Hit 2025 Record as Whales Quietly Accumulate LINK

TLDR: Binance Top 10 LINK outflows surged to their highest levels of 2025, averaging over 3,600 LINK daily in May. Wallets holding at least 100,000 LINK reached a record 805 addresses, up 8% in under two months. LINK is currently trading roughly 66% below its previous all-time highs despite rising accumulation signals. Large outflows paired [...] The post Chainlink Exchange Outflows Hit 2025 Record as Whales Quietly Accumulate LINK appeared first on Blockonomi.

news.bitcoin.com RAIN Climbs 44% After Rain Foundation Builds $100M Liquidity Base for Traders

The native token of the Rain prediction markets protocol (RAIN) surged 44% to an all-time high of $0.01195, pushing its market capitalization to $7.2 billion and placing it in the top 20 digital assets. Rain Token Hits All-Time High The native token of the prediction markets protocol Rain jumped 44% to reach an all-time high […]

bitcoinist.com Bitcoin Institutional Behavior Reverses As Demand Metric Turns Red

The founder of Capriole Investments has highlighted how institutions have reversed course on Bitcoin recently, taking to selling once more. Bitcoin Has Seen Institutional Demand Turn Red Recently In a new post on X, Capriole Investments founder Charles Edwards has discussed the latest trend in the institutional demand for Bitcoin. The indicator cited by Edwards […]

forklog.media IBM Enhances AI Model with Quantum Processor

Researchers at Multiverse Computing announced a quantum enhancement of a large language model using IBM hardware. The project involves a hybrid scheme utilizing a 156-qubit Heron processor. The authors described the experiment as the first "end-to-end quantum enhancement" of a LLM on a superconducting processor for autoregressive text generation. The tests employed Meta's Llama 3.1 8B. The base model was not further trained; its parameters were "frozen" and quantum adapters—Cayley-parameterized unitary adapters (CUA)—were added. Initially, these were trained classically, then integrated into a hybrid quantum-classical scheme. The experiment was conducted on the IBM Quantum System Two, an architecture for hybrid quantum systems, utilizing the 156-qubit Heron chip. The hybrid version reduced the perplexity of Llama 3.1 8B by 1.4%. This was achieved by adding about 6,000 parameters—approximately 0.000075% of the model's size. During the demonstration, the quantum-enhanced Llama correctly answered questions on astronomy and biology that the base version could not, such as whether all giant planets have rings. According to lead author Borja Aizpurua, the work serves as a proof of concept. The quantum blocks enabled more accurate prediction of the next token in text with minimal computational cost. The team aims to further reduce perplexity and increase accuracy with fewer parameters compared to fully classical approaches. Back in May, quantum company stocks rose following the announcement by the U.S. Department of Commerce of a $2 billion allocation to American firms under the CHIPS R&D; program.

news.bitcoin.com Trump Appoints Former Attorney General Pam Bondi to White House AI Advisory Panel

U.S. President Donald Trump has appointed former Attorney General Pam Bondi to the Presidential Council of Advisors on Science and Technology (PCAST), a high-level artificial intelligence (AI) advisory body co-chaired by crypto advocate and former White House AI and crypto czar David Sacks. Bondi Joins a Panel Stacked With Tech Heavyweights Bondi is set to […]