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forklog.media Study Reveals Businesses Unprepared for Increasing AI Demands

Only 29% of large companies believe their infrastructure can scale to meet growing AI demands, according to a study by Tata Communications and Bloomberg Media Studios. The survey included 501 senior executives from firms with revenues of $500 million or more in North America, Europe, and Asia. Despite this, 77% of executives consider AI a board-level priority, while 65% of companies still rely on outdated or developing infrastructure.

news.bitcoin.com Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even

Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]

cryptobriefing.com United Nations Development Programme launches Blockchain Advisory Group with 26 member organizations

The UNDP's Blockchain Advisory Group could shape global blockchain standards, influencing policy and fostering ethical tech adoption worldwide. The post United Nations Development Programme launches Blockchain Advisory Group with 26 member organizations appeared first on Crypto Briefing.

forklog.media OpenAI Files Confidential IPO Application

OpenAI has confidentially submitted an S-1 filing to the US Securities and Exchange Commission (SEC) for a potential IPO. This allows the regulator to review the documents before detailed financial information is made public. OpenAI stated that it has not yet decided on the timing of further actions. The company indicated it might remain private for some time, as certain tasks are easier to manage outside the public market. However, filing the documents leaves open the possibility of a quicker market debut if deemed optimal. Earlier, The Wall Street Journal, citing sources, reported on a possible OpenAI IPO in September, as well as the involvement of Goldman Sachs and Morgan Stanley in preparing the deal. The new statement from the company did not confirm these timelines. According to Reuters, OpenAI is preparing for a public offering with a valuation of $1 trillion. This could become one of the largest IPOs in history, although conditions may change depending on business growth and overall market conditions. OpenAI is planning to transform ChatGPT into an AI super app and aims to accelerate revenue growth ahead of its market debut. In June, it was reported that the US state of Florida accused the startup and CEO Sam Altman of aggressively promoting the ChatGPT chatbot among teenagers and demanded a ban on controversial practices with the imposition of fines.

news.bitcoin.com Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams

Google is adding call verification to Pixel phones in the latest Android update, using the Phone by Google app to create a secure handshake between two devices and flag spoofed numbers. The system pings a contact’s actual handset in real time and warns users if the call doesn’t originate there, with broader RCS-based rollout planned. […]

news.bitcoin.com Bitget Launches Stocks 2.0 With 36 Tokenized US Stocks and ETFs Including Apple and Nvidia

Bitget has launched Stocks 2.0, an upgraded tokenized equity product designed to improve liquidity, transparency, and capital efficiency. The rollout includes 36 stock-linked assets tied to major U.S. equities and ETFs. Bitget Targets TradFi Users as Tokenized Stock Volume Tops $1 Billion Bitget is expanding its tokenized stock business with the launch of Bitget Stocks […]

news.bitcoin.com Kalshi Taps Sportradar for Official League Data and Integrity Tools in Prediction Markets

Kalshi has signed a multi-year global deal making sports-data company Sportradar its official data and integrity provider, giving the prediction market official league feeds and surveillance tools as it fights state efforts to brand its contracts illegal betting. Official data, and an integrity shield The agreement gives Kalshi official data and live odds across Major […]

bitcoinist.com New XRP Lending Protocol Gets Formal Verification In Push For Safer DeFi

RippleX Developers said formal verification work on the XRP Ledger is moving from the long-running Payment Engine to newer native DeFi protocols, including Single Asset Vault and the upcoming Lending Protocol, marking a shift toward proving protocol correctness before high-stakes features are shipped. In a June 8 post, Vito Tumas, writing for RippleX Developers, said […]

blockmanity.com Why Visa and Mastercard Stablecoin Plans Face Tough Roadblocks Ahead

The stablecoin world has long been led by just a few big names. But that could change soon as major payment firms step in with fresh ideas. What Is Happening in the Stablecoin Space Stablecoins are digital tokens tied to […] The post Why Visa and Mastercard Stablecoin Plans Face Tough Roadblocks Ahead appeared first on Blockmanity.

forklog.media Apple Unveils Siri AI and Expands Apple Intelligence

At WWDC 2026, Apple introduced Siri AI, a new version of its assistant powered by Apple Intelligence for its main line of gadgets. The English-language test solution will launch later in 2026. The updated AI-based Siri can understand personal context and screen content, access current internet data, and perform actions with apps. The assistant can search for information in messages, mail, photos, and other sources. Source: Apple. Source: Apple. Apple Intelligence supports everyday system scenarios: in Passwords, the system can automatically update weak and compromised passwords; Safari now includes Notify Me for tracking page changes and Describe an Extension for creating extensions via text request; Messages and Mail feature contextual suggestions and Smart Reply tailored to the user's style; in Phone, the Call Context function loads relevant data during a company call, such as a booking code or confirmation number; Calendar allows creating and modifying events through text descriptions; Shortcuts' Describe a Shortcut function enables assembling action chains via description. Apple clarified that Siri AI is built on the next generation of Apple Intelligence and uses Apple Foundation Models (AFM), which operate both locally on the device and via the cloud. When processing requests remotely, user personal data is neither stored nor transmitted. Source: Apple. The company also updated developer tools. The AFM stack, which the company calls a native Swift API, now supports multimodal requests and external language models like Claude and Gemini. The announcement comes amid controversy over delays of previous Siri AI features. In May, Apple agreed to settle a $250 million consumer class action lawsuit. The company was accused of overstating the advertised capabilities of artificial intelligence before the release of Phone 16. Earlier, in February, media reported on Apple's plans to release an AI pendant and headphones with cameras.

blockonomi.com Arthur Hayes Sells Altcoins, Keeps BTC as AI Risks Grow

TLDR: Arthur Hayes says AI borrowing absorbed liquidity that could have flowed into Bitcoin markets. Maelstrom sold HYPE, NEAR, WLD and ZEC while retaining Bitcoin and Ether positions. Hayes tied Bitcoin’s 2025 peak to accelerating AI capital expenditure and debt issuance. Rising energy costs and major AI IPOs feature prominently in Hayes’ current market outlook. [...] The post Arthur Hayes Sells Altcoins, Keeps BTC as AI Risks Grow appeared first on Blockonomi.

forklog.media WiMi Explores Quantum Approach to Data Processing

WiMi Hologram Cloud is exploring multi-dimensional data pooling technology based on variational quantum algorithms. This is stated in the company's press release. The approach combines the Quantum Haar Transform, partial quantum measurement, and a hybrid scheme of parameterized quantum circuits and classical optimizers. According to WiMi, this architecture is designed to reduce the dimensionality of high-dimensional data while preserving local features. Pooling in machine learning is used to reduce data volume while retaining significant features. WiMi claims that the quantum scheme can perform this operation directly on multi-dimensional data without first converting it to a one-dimensional form. The company identified potential applications in audio data, images, 3D point clouds, and hyperspectral data. WiMi did not provide a timeline for commercial implementation. WiMi Hologram Cloud is listed on Nasdaq under the ticker WIMI and specializes in holographic cloud and AR solutions. Back in May, scientists from ETH Zurich developed a method for creating mathematically perfect randomness. The technology addresses the vulnerability of digital systems and cryptography.

forklog.media US and Japan to Invest $1 Billion in Quantum Science, AI, and Future Technologies

The US and Japan have announced a strategic partnership under the Genesis Mission. The collaboration will encompass quantum information sciences, AI, fusion energy, new materials, and biotechnology. The partners plan to invest $1 billion over five years, with each side contributing $500 million. Eleven joint teams will integrate 12 national DOE laboratories, one Office of Science user facility, and 12 Japanese research institutes; participants will gain access to DOE computing systems and the Fugaku supercomputer.

bitcoinist.com Bitcoin Is Going According To Plan: Analyst Who Predicted $59,000 Reveals What’s Next

Despite the Bitcoin crash to $59,000 triggering extreme fear across the crypto market, not everyone is worried about the move. For some, this move was expected and means that the cryptocurrency’s price is actually going according to plan. One of those who sees this move as a good thing is crypto analyst Alex Mason, who […]

cryptobriefing.com Humanity Protocol’s H token crashes nearly 90% after attackers steal private keys and drain $32 million

The breach highlights the critical need for robust security measures in crypto projects to prevent massive financial losses and trust erosion. The post Humanity Protocol’s H token crashes nearly 90% after attackers steal private keys and drain $32 million appeared first on Crypto Briefing.

cryptobriefing.com Iran announces reopening of Strait of Hormuz under new conditions, and crypto markets are watching closely

The new conditions at the Strait of Hormuz could impact global oil prices, influencing inflation and central bank policies, affecting crypto markets. The post Iran announces reopening of Strait of Hormuz under new conditions, and crypto markets are watching closely appeared first on Crypto Briefing.

cryptobriefing.com Iran and Israel exchange missile strikes as Bitcoin slides toward $63K despite Trump’s peace calls

Geopolitical tensions between Iran and Israel heighten market volatility, impacting oil prices and crypto, complicating global economic stability. The post Iran and Israel exchange missile strikes as Bitcoin slides toward $63K despite Trump’s peace calls appeared first on Crypto Briefing.

cryptobriefing.com Israel strikes military targets in Iran as ceasefire falters, Bitcoin dips below $64K before rebounding

The renewed conflict risks escalating regional instability, impacting global energy markets and highlighting crypto's sensitivity to geopolitical tensions. The post Israel strikes military targets in Iran as ceasefire falters, Bitcoin dips below $64K before rebounding appeared first on Crypto Briefing.

bitcoinist.com ‘Time For CLARITY Act’: Over 200 Crypto Organizations Push For Senate Vote

Over 200 crypto organizations sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging the lawmakers to advance the long-awaited market structure bill, known as the CLARITY Act. Related Reading: China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property Crypto Industry Pushes For […]

news.bitcoin.com Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million

The unusual vote proposes capping legal immigration to put a population limit of 10 million in Switzerland before the year 2050. If approved, the right-wing-supported “sustainability measure” would make Switzerland the first nation to impose this limit. Switzerland To Vote On Population Cap Measure As immigration has become a relevant issue for European countries, governments […]

news.bitcoin.com Top 100 Bitcoin Treasuries Now Hold 1.26M BTC

Institutional bitcoin treasuries are expanding, with the top 100 holders controlling 1,258,090 BTC, led by Strategy’s massive 845,256 BTC position. Bitcoin Treasuries Are Turning Scarcity Into Strategy Institutional bitcoin accumulation has grown dramatically, with the top 100 holders now controlling 1,258,090 BTC as of June 8, 2026, according to a chart published on X by […]