Strategy Purchases 2.6x More Bitcoin Than Miners Produce in 2026
Strategy has acquired 2.6 times of the total amount of Bitcoin miners have produced so far in this year despite the frequent volatility.
Robinhood enables AI chatbots for share trading, with crypto support on the horizon
AI-driven trading could reshape market dynamics, raising systemic risks and regulatory scrutiny as retail investors increasingly automate trades. The post Robinhood enables AI chatbots for share trading, with crypto support on the horizon appeared first on Crypto Briefing.
OpenAI and Thrive develop self-improving tax AI with 97% accuracy
The self-improving tax AI could revolutionize service industries by enhancing efficiency and allowing professionals to focus on complex tasks. The post OpenAI and Thrive develop self-improving tax AI with 97% accuracy appeared first on Crypto Briefing.
OpenAI Foundation commits $250M to support economic futures amid AI transition
OpenAI's $250M initiative could reshape labor markets, influence AI governance, and impact economic distribution, affecting global policy trends. The post OpenAI Foundation commits $250M to support economic futures amid AI transition appeared first on Crypto Briefing.
Orca launches permissioned pools to bring regulated RWA trading to Solana
Orca launches permissioned pools on Solana with Streamexs GLDY as the first regulated asset for compliant secondary trading. The post Orca launches permissioned pools to bring regulated RWA trading to Solana appeared first on Crypto Briefing.
Elon Musk warns US must boost chip manufacturing for AI security
Musk's warning underscores the urgent need for US self-reliance in chip production and energy to maintain AI leadership amid geopolitical risks. The post Elon Musk warns US must boost chip manufacturing for AI security appeared first on Crypto Briefing.
Blackstone and Guggenheim are cutting software loans from new CLOs over AI disruption fears
AI's rapid evolution is reshaping investment strategies, prompting firms to reassess risk, potentially altering the landscape of software financing. The post Blackstone and Guggenheim are cutting software loans from new CLOs over AI disruption fears appeared first on Crypto Briefing.
CrowdStrike and Google dismantle Glassworm botnet that targeted crypto wallet credentials through open source supply chains
The takedown highlights the critical need for enhanced security in open source supply chains and the potential vulnerabilities in blockchain systems. The post CrowdStrike and Google dismantle Glassworm botnet that targeted crypto wallet credentials through open source supply chains appeared first on Crypto Briefing.
Falcon Finance, SoFi unveil stablecoin products tied to banking infrastructure
While Falcon’s new fUSD is built for institutional trading and collateral workflows, SoFiUSD targets consumer banking users through SoFi’s app.
BTC Prague 2026: Europe’s leading Bitcoin conference expands its cultural reach
BTC Prague, Europe’s premier Bitcoin conference, returns to the PVA Expo Prague on June 11-13, 2026.
Bitcoin price threatens $75K loss as US-Iran peace progress sparks new stocks records
Bitcoin disappointed bulls by dropping below $75,000 on Iran peace deal reports while US stocks hit new all-time highs and oil saw one-month lows on Hormuz hopes.
Prediction markets enter the derivatives era: XBIT DEX opens whitelist for prediction leverage, launching a 35,000 USDC campaign
XBIT DEX takes the lead in introducing leverage to on-chain prediction markets, prioritizing the 2026 FIFA World Cup for its initial category. The whitelist application is now live.
Banca Sella crypto services win Italy approval under MiCA
Banca Sella crypto services gain Bank of Italy approval under MiCA, with custody and transfer tools planned for institutions by 2026. Banca Sella crypto services are moving closer to launch after the Italian lender received authorization from the Bank of…
Bitcoin Vs. The S&P: How The Stock Market Predicts The BTC Bottom Before the Rally
Crypto analyst Chain Mind has drawn a correlation between Bitcoin and the S&P 500, noting how the latter could determine the BTC bottom. Based on analysis, the leading crypto has yet to find a bottom, with the stock market still making new highs. Bitcoin Yet To Bottom With The S&P 500 Still Reach New Highs […]
Elon Musk warns US must boost chip manufacturing for AI security
Musk's warning underscores the urgent need for US self-reliance in chip production and energy to maintain AI leadership amid geopolitical risks. The post Elon Musk warns US must boost chip manufacturing for AI security appeared first on Crypto Briefing.
OpenAI Foundation commits $250M to support economic futures amid AI transition
OpenAI's $250M initiative could reshape labor markets, influence AI governance, and impact economic distribution, affecting global policy trends. The post OpenAI Foundation commits $250M to support economic futures amid AI transition appeared first on Crypto Briefing.
OpenAI and Thrive develop self-improving tax AI with 97% accuracy
The self-improving tax AI could revolutionize service industries by enhancing efficiency and allowing professionals to focus on complex tasks. The post OpenAI and Thrive develop self-improving tax AI with 97% accuracy appeared first on Crypto Briefing.
A16z crypto study shows AI agents can detect DeFi exploits, but executing them is another story
AI's dual role in DeFi security highlights the urgent need for robust containment protocols to prevent potential misuse by adversaries. The post A16z crypto study shows AI agents can detect DeFi exploits, but executing them is another story appeared first on Crypto Briefing.
US mortgage rate climbs to nine-month high of 6.51% as inflation fears mount
Rising mortgage rates may cool housing demand, impacting home prices and transactions, while crypto-backed mortgages offer new financial avenues. The post US mortgage rate climbs to nine-month high of 6.51% as inflation fears mount appeared first on Crypto Briefing.
3 Reasons Why Wall Street Watches XRP, Led by Ripple's $1 Billion Stablecoin Milestone
While retail sentiment remains negative, Wall Street is quietly absorbing XRP supply via spot ETFs, fueled by a 63% monthly surge in the network's stablecoin capitalization.
Robinhood enables AI chatbots for share trading, with crypto next in line
AI-driven trading could reshape market dynamics, raising systemic risks and regulatory scrutiny as retail investors increasingly automate trades. The post Robinhood enables AI chatbots for share trading, with crypto next in line appeared first on Crypto Briefing.
Investors hunt for AI winners in small-cap tech stocks as overlooked ETF sees major inflows
Investors' shift to small-cap tech stocks for AI growth highlights a strategic diversification, potentially reshaping market dynamics. The post Investors hunt for AI winners in small-cap tech stocks as overlooked ETF sees major inflows appeared first on Crypto Briefing.
Dutch financial crimes agency raids data centers, seizes 800 servers linked to Russian cyberattacks
The raid underscores the increasing regulatory scrutiny on digital infrastructure, highlighting the need for compliance to avoid sanctions evasion. The post Dutch financial crimes agency raids data centers, seizes 800 servers linked to Russian cyberattacks appeared first on Crypto Briefing.
Jamie Dimon says JPMorgan could spend up to $20B on acquisition
JPMorgan's potential $20B acquisition signals a strategic pivot, highlighting the growing convergence of traditional finance and digital assets. The post Jamie Dimon says JPMorgan could spend up to $20B on acquisition appeared first on Crypto Briefing.
H100 rental prices slide after early May surge, says Ornn AI Inc
The evolving GPU rental market is transforming into a financial sector, impacting AI budgeting and creating new trading opportunities. The post H100 rental prices slide after early May surge, says Ornn AI Inc appeared first on Crypto Briefing.
“Sell in May and Walk Away” Plays Out as Bitcoin Flashes Bearish Signals
TLDR: Bitcoin’s May monthly candle is forming a Shooting Star after a sharp rejection from the $82,500 high. The STH MVRV failed to reclaim the 1.0 level on May 8, confirming the bounce lacked real momentum. Both the Coinbase Premium and Korea Premium are deeply negative, reflecting weak demand East and West. A $1.3B dark [...] The post “Sell in May and Walk Away” Plays Out as Bitcoin Flashes Bearish Signals appeared first on Blockonomi.
Are central banks ready to move tokenization from simulation to real money?
A Bank for International Settlements-led trial has shown that tokenized central bank money and bank deposits can complete cross-border payments in a single atomic step across currencies. According to the Bank for International Settlements (BIS), Project Agorá has tested how…
Trump calls for NATO action at Strait of Hormuz, threatens military force
Trump's stance may escalate US-Iran tensions, impacting global oil markets and NATO's role, while reducing chances for diplomatic concessions. The post Trump calls for NATO action at Strait of Hormuz, threatens military force appeared first on Crypto Briefing.
Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders
Bitcoin Magazine Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders Bitcoin security firm Casa has released a suite of four features targeting social engineering, the attack vector responsible for the bulk of crypto theft in 2025. The features are live now for Casa customers, arriving as the FBI reports crypto fraud losses climbed 22% year over year to more than $11 billion last year. Social […] This post Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure
Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access […]
Rumble plans to compete with AI hyperscalers in cloud services starting mid-June
Rumble's cloud pivot could disrupt the market by challenging established giants, but it faces risks from heavy reliance on key partners. The post Rumble plans to compete with AI hyperscalers in cloud services starting mid-June appeared first on Crypto Briefing.
Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division
Alpha Compute's acquisition of GAMEE could revolutionize mobile gaming by integrating AI, potentially reshaping user engagement and monetization. The post Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division appeared first on Crypto Briefing.
Vitalik Buterin shifts focus from blogging to sci-fi writing about decentralized governance
Buterin's shift to sci-fi writing could influence future Ethereum governance models, highlighting decentralized systems' potential societal impact. The post Vitalik Buterin shifts focus from blogging to sci-fi writing about decentralized governance appeared first on Crypto Briefing.
US government rejects Iran state media report on Hormuz peace deal
The ongoing diplomatic standoff over the Strait of Hormuz fuels market volatility, impacting global energy prices and investor strategies. The post US government rejects Iran state media report on Hormuz peace deal appeared first on Crypto Briefing.
Huawei unveils Claw-Anything benchmark, revealing AI agents’ limitations in personal assistant tasks
The Claw-Anything benchmark highlights the significant gap in AI's ability to autonomously manage complex digital tasks, urging further innovation. The post Huawei unveils Claw-Anything benchmark, revealing AI agents’ limitations in personal assistant tasks appeared first on Crypto Briefing.
Shares of little-known European chip manufacturer soar 70% after social media boost
The surge highlights the growing influence of social media on European markets, posing risks and opportunities for retail investors. The post Shares of little-known European chip manufacturer soar 70% after social media boost appeared first on Crypto Briefing.
US government rejects Iran state media report on Hormuz peace deal
The ongoing diplomatic standoff over the Strait of Hormuz fuels market volatility, impacting global energy prices and investor strategies. The post US government rejects Iran state media report on Hormuz peace deal appeared first on Crypto Briefing.
US eases tariffs on Taiwan to formalize trade agreement
The US-Taiwan trade deal strengthens semiconductor supply chains, boosts US tech sectors, and reduces trade deficits, enhancing economic ties. The post US eases tariffs on Taiwan to formalize trade agreement appeared first on Crypto Briefing.
JPMorgan CEO Jamie Dimon says bank could pursue $20B acquisition
JPMorgan's potential $20B acquisition signals a shift in regulatory attitudes, impacting future banking consolidation and investor strategies. The post JPMorgan CEO Jamie Dimon says bank could pursue $20B acquisition appeared first on Crypto Briefing.
Aztec Labs acquires Obsidion, pledges to keep ZKPassport open-source
Aztec's acquisition of Obsidion strengthens its privacy tech stack, potentially influencing regulatory landscapes and investor confidence in privacy-focused blockchain solutions. The post Aztec Labs acquires Obsidion, pledges to keep ZKPassport open-source appeared first on Crypto Briefing.
Vitalik Buterin shifts focus from blogging to sci-fi writing
Buterin's shift to sci-fi writing could influence future Ethereum governance models, highlighting decentralized systems' potential societal impact. The post Vitalik Buterin shifts focus from blogging to sci-fi writing appeared first on Crypto Briefing.
AI sector leads altcoin performance this week, Grass tops gains
The AI sector's altcoin surge highlights growing investor interest in decentralized data solutions, but regulatory and market volatility risks persist. The post AI sector leads altcoin performance this week, Grass tops gains appeared first on Crypto Briefing.
StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K
PeckShield said the attacker bridged 43.7 ETH to Ethereum after minting trillions of vsdCRV, while EmberCN said most of the remaining tokens had insufficient liquidity to sell.
Hyperliquid ETF Debut Outpaces Bitcoin, ETH And SOL, Kairos Says
Spot HYPE ETFs have absorbed a larger share of Hyperliquid’s market capitalization in their first 10 trading days than comparable spot crypto ETF launches for Bitcoin, Ethereum and Solana, according to Kairos Research. The firm said the products’ early asset accumulation marks the strongest debut it has tracked for a spot crypto ETF on that […]
Stake.com vs Bet365: Is ZunaBet the Next Platform Players Try?
The online gambling space is split between two clear camps. On one side are the established traditional operators that have built their brands over decades. On the other are the crypto-first casinos that have grown fast over the last few years. Bet365 sits firmly in the first camp. Stake.com is one of the biggest names [...] The post Stake.com vs Bet365: Is ZunaBet the Next Platform Players Try? appeared first on Blockonomi.
FTSE Russell fast-tracks big IPOs into flagship indices after rule change
FTSE Russell’s governance committee has approved a fast-entry overhaul that will allow mega IPOs to be added more quickly to its top benchmarks, according to Bloomberg ETF analyst Eric Balchunas. Bloomberg ETF senior analyst Eric Balchunas said on X that…
Trump rejects sanctions relief for Iran uranium deal
Trump's stance on sanctions relief may hinder diplomatic progress, reducing chances for a US-Iran nuclear deal and impacting market outlooks. The post Trump rejects sanctions relief for Iran uranium deal appeared first on Crypto Briefing.
Shares of little-known European chip manufacturer soar 70% after social media boost
The surge highlights the growing influence of social media on European markets, posing risks and opportunities for retail investors. The post Shares of little-known European chip manufacturer soar 70% after social media boost appeared first on Crypto Briefing.
Fold secures $150M credit facility to scale Bitcoin rewards credit card program
Fold's credit facility highlights the growing integration of cryptocurrency in mainstream finance, potentially reshaping consumer reward systems. The post Fold secures $150M credit facility to scale Bitcoin rewards credit card program appeared first on Crypto Briefing.
Plume receives Digital Asset Business Licence from Bermuda Monetary Authority
Plume's regulatory approval in Bermuda could set a precedent for global digital asset compliance, influencing future tokenization frameworks. The post Plume receives Digital Asset Business Licence from Bermuda Monetary Authority appeared first on Crypto Briefing.
Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division
Alpha Compute's acquisition of GAMEE could revolutionize mobile gaming by integrating AI, potentially reshaping user engagement and monetization. The post Alpha Compute acquires 60% stake in GAMEE, launches AI gaming division appeared first on Crypto Briefing.
ECB vice president flags energy shock risks as euro area financial vulnerabilities deepen
The ECB's struggle with energy shocks may exacerbate financial instability, impacting growth and inflation, with significant market implications. The post ECB vice president flags energy shock risks as euro area financial vulnerabilities deepen appeared first on Crypto Briefing.
Strategy Purchases 2.6x More Bitcoin Than Miners Produce in 2026
Strategy has acquired 2.6 times of the total amount of Bitcoin miners have produced so far in this year despite the frequent volatility.
Bitdeer (BTDR) Stock Climbs Following Michael Potter’s CFO Appointment
Bitdeer (BTDR) stock gains as Michael Potter becomes CFO. The company advances AI cloud services and data center expansion beyond Bitcoin mining. The post Bitdeer (BTDR) Stock Climbs Following Michael Potter’s CFO Appointment appeared first on Blockonomi.
Robinhood opens door for AI agents as crypto trading plans loom
Robinhood has launched Agentic Trading and an Agentic Credit Card service that lets users connect AI agents to separate trading and spending tools inside its platform. Robinhood said the new products allow customers to give approved AI agents direct access…
SpaceX IPO targets $1.7T valuation, prediction markets show high confidence
SpaceX's potential IPO could significantly impact market dynamics, influencing investor confidence and setting new benchmarks for tech valuations. The post SpaceX IPO targets $1.7T valuation, prediction markets show high confidence appeared first on Crypto Briefing.
AI sector leads altcoin performance this week, Grass tops gains
The AI sector's altcoin surge highlights growing investor interest in decentralized data solutions, but regulatory and market volatility risks persist. The post AI sector leads altcoin performance this week, Grass tops gains appeared first on Crypto Briefing.
US inflation hits 3.8% as wages lag behind, squeezing household budgets and voter patience
Rising inflation and stagnant wages strain household finances, erode voter confidence, delay Fed rate cuts, and impact crypto markets. The post US inflation hits 3.8% as wages lag behind, squeezing household budgets and voter patience appeared first on Crypto Briefing.
BlackRock backs large-scale mining M&A to attract investors and boost supply
Consolidation in mining could enhance liquidity and capital access, crucial for meeting rising demand from electrification and defense sectors. The post BlackRock backs large-scale mining M&A to attract investors and boost supply appeared first on Crypto Briefing.
US eases tariffs on Taiwan to formalize trade agreement worth $250B in chip investments
The US-Taiwan trade deal strengthens semiconductor supply chains, boosts US tech sectors, and reduces trade deficits, enhancing economic ties. The post US eases tariffs on Taiwan to formalize trade agreement worth $250B in chip investments appeared first on Crypto Briefing.
Huawei unveils Claw-Anything benchmark, revealing AI agents’ limitations in personal assistant tasks
The Claw-Anything benchmark highlights the significant gap in AI's ability to autonomously manage complex digital tasks, urging further innovation. The post Huawei unveils Claw-Anything benchmark, revealing AI agents’ limitations in personal assistant tasks appeared first on Crypto Briefing.
Trump rejects Iran sanctions relief for uranium surrender
Trump's stance may hinder US-Iran nuclear negotiations, affecting diplomatic relations and international mediation efforts. The post Trump rejects Iran sanctions relief for uranium surrender appeared first on Crypto Briefing.
XRP Community Reacts to Stellar's Tokenization Breakthrough
Pro-XRP attorney Bill Morgan and other commentators quickly dismissed the zero-sum narrative.
Grayscale Calls Hyperliquid the Biggest Breakout Success in Modern Crypto Markets
TLDR: Hyperliquid generated nearly $800M revenue in 2025 without raising venture capital funds. The HYPE token reached a $13B market cap despite the platform remaining blocked in the U.S. Hyperliquid processed $2.9T in perpetual futures volume during 2025 across global markets. Grayscale believes HYPE remains undervalued compared with traditional exchange businesses. Grayscale Research has identified [...] The post Grayscale Calls Hyperliquid the Biggest Breakout Success in Modern Crypto Markets appeared first on Blockonomi.
Bitcoin ETFs bleed $334M as IBIT leads seven straight days of outflows
Sustained Bitcoin ETF outflows may signal shifting investor sentiment, potentially impacting market dynamics and future institutional interest. The post Bitcoin ETFs bleed $334M as IBIT leads seven straight days of outflows appeared first on Crypto Briefing.
Bitcoin underperforms as ETF outflow streak drags on and stocks hit new highs
Crypto's divergence from equities amid ETF outflows may deepen skepticism, challenging its perceived diversification benefits long-term. The post Bitcoin underperforms as ETF outflow streak drags on and stocks hit new highs appeared first on Crypto Briefing.
HYPE ETFs quietly cross $100M in net inflows
HYPE ETFs' milestone highlights growing investor interest in diversified crypto exposure, signaling potential shifts in the DeFi investment landscape. The post HYPE ETFs quietly cross $100M in net inflows appeared first on Crypto Briefing.
Kraken Launches Bitcoin Vault, Offering Yield on BTC Holdings
Bitcoin Magazine Kraken Launches Bitcoin Vault, Offering Yield on BTC Holdings Kraken has launched Bitcoin Vault within its Earn suite, enabling long-term holders to generate BTC-denominated rewards on their Bitcoin without selling. This post Kraken Launches Bitcoin Vault, Offering Yield on BTC Holdings first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Mastercard Secures New York BitLicense to Advance Digital Asset Strategy
Bitcoin Magazine Mastercard Secures New York BitLicense to Advance Digital Asset Strategy Mastercard has secured a BitLicense from the New York State Department of Financial Services. This post Mastercard Secures New York BitLicense to Advance Digital Asset Strategy first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Spot HYPE ETFs Just Crushed Bitcoin and Ethereum ETF Debuts
HYPE ETFs have quickly emerged as crypto's hottest ETF launch, leaving even Bitcoin ETFs behind on early inflow performance.
Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far
After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for […]
Robinhood launches beta support for AI agentic trading and payments
Robinhood's AI trading beta could reshape market dynamics, increasing liquidity but also potentially heightening volatility during major events. The post Robinhood launches beta support for AI agentic trading and payments appeared first on Crypto Briefing.
Block’s Cash App rolls out USDC payments to 15 million users this week
Cash App's USDC integration could redefine stablecoins as mainstream financial tools, potentially reshaping digital payment landscapes globally. The post Block’s Cash App rolls out USDC payments to 15 million users this week appeared first on Crypto Briefing.
DTCC Partners with Stellar for 2027 Tokenized Securities Rollout
DTCC partners with Stellar to launch tokenized securities by 2027, merging DTC custody with blockchain infrastructure under regulatory oversight. The post DTCC Partners with Stellar for 2027 Tokenized Securities Rollout appeared first on Blockonomi.
Manifest Selects Ethena To Power Yield Infrastructure Behind Real Estate Token USH
Manifest Finance has officially aligned with Ethena, the infrastructure supporting USH, Manifest’s real estate-backed token converging tokenised physical assets and DeFi yield mechanisms. The announcement notes that Manifest has selected the choice of Ethena’s assets as the core liquidity layer for USH whilst the protocol builds out the real estate portfolio that underwrites the token. This partnership allows Ethena to be at the center of liquidity and capital efficiency during the early expansion stage of the project. By partnering with us, Manifest adds to Ethena’s growing collection of whitelabel ecosystem partners that together are integrating Ethena’s infrastructure into their own The post Manifest Selects Ethena To Power Yield Infrastructure Behind Real Estate Token USH appeared first on The Merkle News.
Mastercard Obtains New York BitLicense for Cryptocurrency Operations
Mastercard receives BitLicense from NYDFS to operate crypto services in New York, advancing its regulated digital asset payment infrastructure strategy. The post Mastercard Obtains New York BitLicense for Cryptocurrency Operations appeared first on Blockonomi.
Microsoft (MSFT) Stock: HSBC Projects $43B Annual Boost From Anthropic Partnership by 2030
HSBC analyst forecasts Microsoft (MSFT) stock could see $43B yearly revenue from Anthropic deal by 2030, with $571 price target and Buy rating. The post Microsoft (MSFT) Stock: HSBC Projects $43B Annual Boost From Anthropic Partnership by 2030 appeared first on Blockonomi.
Taiwan Semiconductor (TSM) Stock Surges 5% Following Major Employee Profit-Sharing Increase
TSM stock jumped 5% after TSMC announced a 30% profit-sharing increase for workers, driven by record Q1 profit of $18.2B and surging AI chip demand. The post Taiwan Semiconductor (TSM) Stock Surges 5% Following Major Employee Profit-Sharing Increase appeared first on Blockonomi.
US bonds pressure stocks as yields reach critical 4.5% level
Rising bond yields elevate borrowing costs and risk aversion, impacting equities and crypto, potentially reshaping investment strategies. The post US bonds pressure stocks as yields reach critical 4.5% level appeared first on Crypto Briefing.
Bitdeer appoints former Corsair Gaming executive Michael Potter as CFO
Bitdeer's strategic CFO appointment signals a focus on scaling operations and leveraging cross-industry expertise for growth in AI and mining. The post Bitdeer appoints former Corsair Gaming executive Michael Potter as CFO appeared first on Crypto Briefing.
Marvell Technology stock soars 142.3% ahead of earnings report
Marvell Technology (MRVL) stock surges 142% YTD ahead of Q1 FY2027 earnings, with HSBC, Citi, and Susquehanna raising price targets on AI networking demand. The post Marvell Technology stock soars 142.3% ahead of earnings report appeared first on Crypto Briefing.
FedEx (FDX) Stock Soars to Record High on J.P. Morgan Upgrade Ahead of Freight Spinoff
FedEx (FDX) stock surged to an all-time high after J.P. Morgan's upgrade to Buy with a $460 price target ahead of its June freight spinoff. The post FedEx (FDX) Stock Soars to Record High on J.P. Morgan Upgrade Ahead of Freight Spinoff appeared first on Blockonomi.
Aeternum brings the second edition of Unchained Summit to Vietnam on May 28-29
Aeternum, organisers of the Unchained Summit series, will host the second edition of Unchained Summit Vietnam this week on May 28 and 29 at the Furama Resort in Da Nang.
Sold in May and went away? Bitcoin risks another 10% drop as month turns red
Bitcoin is on track to end May in the red, a historically bearish signal that could point to deeper losses ahead if the post-May track record is any guide.
Bitcoin price shrugs off $1.3B BlackRock ETF block sale
Bitcoin’s price stayed firm despite a massive $1.3 billion block sale executed by a mysterious BlackRock ETF holder, which analysts called a sign of large-scale institutional de-risking.
Banca Sella gets MiCA clearance for crypto services in Italy
The bank plans to launch digital asset custody, transfer and receipt services in 2026 for selected customer categories.
HTX denies UK sanctions allegations as new data flags $7.6B Russia-linked flows
UK sanctions Huobi Global S.A., operator of HTX, over alleged role in Russia’s “A7” shadow network, as new analysis claims the exchange handled billions in high‑risk flows.
Oracle and Classiq Simulate 36-Qubit Quantum Circuit in the Cloud
Oracle Corporation and software developer Classiq have successfully tested a workflow for generating and simulating quantum code within the OCI cloud infrastructure. As part of a "proof of concept," the partners executed a portfolio optimization task based on the Markowitz model for 12 assets. A key feature of the experiment was the use of Classiq's AI agent, which prepared executable code from a natural language text query in less than 15 minutes. To verify the algorithm, a node of the NVIDIA DGX A100 supercomputer in Oracle Cloud Infrastructure was employed. Using the NVIDIA cuQuantum library, engineers simulated a 36-qubit circuit, significantly exceeding Classiq's standard platform limit of 29 qubits. The calculations were conducted on eight A100 graphics processors. According to project representatives, the full state vector model for 36 qubits requires about 512 GB of video memory. The application of a hybrid QAOA algorithm with a circuit depth of 730 allowed for the processing of a space of 68.7 billion combinations. The complete simulation cycle took five hours, with the final result deviating from the classical market benchmark by only 4.63%. Classiq emphasized that the project was not aimed at achieving quantum supremacy. Its purpose was to demonstrate the engineering link between AI code generation and scalable cloud computing for the financial sector and logistics. There is no evidence of superiority over the best classical methods. This is a demonstration of technological process, not a breakthrough in computational efficiency. Back in May, researchers at Multiverse Computing announced a quantum enhancement of a large language model on IBM equipment.
DTCC and Stellar Partner to Bring Tokenized DTC-Custodied Assets to Public Blockchain by 2027
TLDR: DTCC received an SEC No-Action Letter in December 2025 to operate a new DTC asset tokenization service. DTC-tokenized assets on Stellar will retain the same investor protections as traditionally held securities. Eligible assets include Russell 1000 constituents, major index ETFs, and U.S. Treasury bills and bonds. DTCC plans to integrate multiple Layer 1 and [...] The post DTCC and Stellar Partner to Bring Tokenized DTC-Custodied Assets to Public Blockchain by 2027 appeared first on Blockonomi.
Could Grand Theft VI be the first ‘crypto native’ video game in history? The internet weighs in
Grand Theft Auto VI is already set up to be the cultural release of 2026; whether it becomes the first truly “crypto native” blockbuster game is still mostly a Rorschach test for the internet’s hopes and delusions. Rockstar Games has…
MGM Resorts (MGM) Stock Soars 9% Following JPMorgan Upgrade on Vegas Revival
MGM Resorts (MGM) stock rallies 9% after JPMorgan upgrade to Overweight with $46 price target, citing improving Las Vegas Strip visitor trends. The post MGM Resorts (MGM) Stock Soars 9% Following JPMorgan Upgrade on Vegas Revival appeared first on Blockonomi.
Monster Beverage (MNST) Stock Soars to New 52-Week Peak Following Impressive Q1 Results
Monster Beverage (MNST) stock reaches 52-week high of $88.85 after crushing Q1 estimates. Analysts raise targets to $100 as stock surges 36% yearly. The post Monster Beverage (MNST) Stock Soars to New 52-Week Peak Following Impressive Q1 Results appeared first on Blockonomi.
Circle (CRCL) Stock Climbs on Nium Deal to Broaden USDC Payment Infrastructure
Circle (CRCL) stock advances as Nium partnership brings USDC settlement and real-time payouts to 190+ countries through Circle Payments Network. The post Circle (CRCL) Stock Climbs on Nium Deal to Broaden USDC Payment Infrastructure appeared first on Blockonomi.
Experts Question D-Wave’s Claims of Quantum Supremacy
Researchers from the Flatiron Institute and Boston University, supported by the Simons Foundation, have cast doubt on D-Wave's claims of quantum supremacy. On May 21, a paper was published in Science, asserting that some problems previously deemed unsolvable by classical computers can indeed be tackled using traditional methods. In an accompanying statement, the Simons Foundation noted that earlier claims of quantum supremacy are now "in question." The discussion revolves around a D-Wave article published last year in the same journal. At that time, the company claimed its system had performed quantum dynamics simulations beyond the reach of classical algorithms. According to D-Wave, the largest configurations would have required the Frontier supercomputer nearly a million years to compute. This assertion is now being challenged. The Core of the Dispute The Flatiron team employed a combination of tensor networks and a modified belief propagation algorithm. The researchers claimed they were able to reproduce calculations for several lattices using standard equipment—some experiments were even conducted on a laptop. The conclusion: at least some tasks presented as demonstrations of quantum supremacy are not beyond the reach of classical computing. D-Wave disagreed. On May 26, the company acknowledged the progress of classical methods but stated that the researchers only tested limited modes and did not replicate the full set of problems from the original work. According to the firm, the new paper does not cover the entire range of geometries, system sizes, interaction parameters, and measurable quantities. The debate extends beyond academic circles. On June 1, D-Wave will hold an Investor Day at the NYSE, where it promises to present its strategy, roadmap, and commercial prospects. CEO Alan Baratz stated that the industry is entering a phase of proven results rather than promises. Financial Implications The financial picture is mixed. In the first quarter of 2026, D-Wave reported record contracts worth $33.4 million, up from $1.6 million the previous year. These include the sale of a system to Florida Atlantic University for $20 million and a two-year quantum computing as a service agreement with a Fortune 100 company for $10 million. However, quarterly revenue fell from $15 million to $2.9 million, as the previous year's base included a significant one-time equipment delivery. An additional driver is U.S. industrial policy. D-Wave plans to secure up to $100 million in funding through the CHIPS and Science Act to develop superconducting systems based on quantum annealing and gate architecture. In May, the U.S. Department of Commerce allocated $2 billion to American companies engaged in quantum computing.
Boston Scientific (BSX) Plunges 10% Following Bernstein Conference Guidance Revision
Boston Scientific (BSX) stock plunged ~10% to a 52-week low after cutting full-year organic growth guidance to 6.5–8% at Bernstein's Strategic Decisions Conference. The post Boston Scientific (BSX) Plunges 10% Following Bernstein Conference Guidance Revision appeared first on Blockonomi.
FDIC reports US banking asset quality remains favorable despite margin pressure
Despite favorable asset quality, rising delinquency rates in specific sectors may signal underlying risks for certain banks and investors. The post FDIC reports US banking asset quality remains favorable despite margin pressure appeared first on Crypto Briefing.
Iran outlines draft agreement with US on sanctions relief, nuclear program, and reconstruction funding
The potential agreement could reshape geopolitical dynamics, impact global oil markets, and influence investor sentiment amid economic shifts. The post Iran outlines draft agreement with US on sanctions relief, nuclear program, and reconstruction funding appeared first on Crypto Briefing.
JPMorgan plans $20B acquisition as CEO Jamie Dimon signals opportunities ahead
JPMorgan's acquisition strategy could reshape financial services, leveraging regulatory shifts and tech advancements to outpace competitors. The post JPMorgan plans $20B acquisition as CEO Jamie Dimon signals opportunities ahead appeared first on Crypto Briefing.
QuickNode supports Aleo with enterprise-grade RPC and validator infrastructure
QuickNode's support for Aleo could accelerate adoption of privacy-focused blockchain solutions, enhancing security and scalability in DeFi. The post QuickNode supports Aleo with enterprise-grade RPC and validator infrastructure appeared first on Crypto Briefing.
Bitcoin Rally in Doubt as BlackRock Clients Extend ETF Selling Streak
BlackRock's IBIT logged another 2,538 BTC outflow to Coinbase Prime as macroeconomic pressures continue to freeze institutional appetite.
Bitcoin Drops to $75,000 as Market Awaits ‘Golden Cross’
On May 27, the leading cryptocurrency fell to approximately $75,000, a decline of 2.5% over the day. Traders are monitoring the potential formation of a 'golden cross'—a signal where the 50-day moving average crosses the 200-day moving average from below. Meanwhile, ZEC emerged as the main underperformer among major crypto assets, losing about 9%.