24/7 Blockchain industry dynamics and breaking crypto news
AMD CEO Lisa Su predicts AI will reach 5 billion daily users within five years. She emphasized AI's current ubiquity across devices, transforming into an essential daily tool for businesses and individuals, signaling the dawn of pervasive computing.
Read MoreOn May 19th, spot gold prices faced downward pressure, breaching the key $4550 per ounce level with a 0.36% intraday decline. This movement signals shifting market sentiment as investors monitor support levels and macroeconomic cues for near-term direction.
Read MoreOn May 19, the spot silver market experienced a notable decline, falling over 2% within the day to around $76.11 per ounce. This price movement has sparked discussions about short-term trends and underlying market drivers, with investors closely watching macroeconomic indicators for future direction.
Read MoreA US Bitcoin company has announced its holdings exceed 7,500 BTC, ranking 15th among global public firms' Bitcoin treasuries. With around 90,000 miners online, its capacity has doubled since listing. Management aims to surpass Block's holdings next.
Read MoreOn May 19, a major security incident impacted a cross-chain bridge on the Monad network, prompting an immediate suspension of all transactions. The team is investigating and will provide updates through official channels.
Read MoreA prominent cross-chain protocol has halted all services following a major security exploit, resulting in millions in losses. The attacker utilized a sophisticated process to drain assets, with funds later routed to a privacy tool. Initial reports suggest a critical private key compromise. An investigation is underway.
Read MoreRecent data shows a widening negative premium for Bitcoin on a major exchange, alongside a price drop from recent highs. Analysis suggests this pullback is likely driven by weakening investor demand in the U.S. market, indicating a shift in sentiment.
Read MoreIran has established the "Persian Gulf Strait Authority" to strengthen control over the Strait of Hormuz. The new body will provide real-time updates and suggests future requirements for permits, oversight, and fees for submarine cables transiting the strategic waterway, potentially impacting global shipping and communications.
Read MoreVeteran semiconductor investor Gavin Baker highlights Amazon's Trainium as the most undervalued AI chip. Its Switched Scaleup Network is critical for cutting-edge MoE models, a capability only two companies possess. He predicts Trainium's market position will surge by 2026, potentially rivaling Google's TPU.
Read MoreKelp announced the successful liquidation of an attacker's positions through collaboration with multiple major DeFi protocols, marking a critical breakthrough in rsETH recovery. Compound provided substantial liquidity and coordinated with Aave, while Euler Finance executed internal liquidations, collectively recovering significant asset value and demonstrating enhanced ecosystem defense.
Read MoreOn May 19, the FTSE China A50 Index Futures experienced significant volatility, falling over 1% intraday. This move highlights sensitive market sentiment, potentially influenced by a mix of domestic and international factors, warranting close attention from investors.
Read MoreSouth Korea's benchmark KOSPI index plunged 4% on May 19, closing at 7,215.26 points amid a broad market sell-off. The sharp decline reflects growing investor concerns over global economic headwinds and external uncertainties impacting the region.
Read MoreCurvance has suspended its eBTC market on the Echo protocol after identifying operational anomalies. No evidence suggests a contract breach or attack. Other markets remain unaffected due to isolated architecture. The team is investigating with partners and will provide updates.
Read MoreRevolut has launched its first physical cryptocurrency card with a Dogecoin-themed design and LED lights. It works on Visa/Mastercard networks, debuting in the UK and select EEA regions with no extra fees, though exchange rates apply.
Read MoreJapan's economic minister warns that escalating Middle East tensions threaten the nation's fragile recovery. While strong wage talks and government support bolster growth, rising geopolitical risks and inflation pressures demand vigilant policy responses.
Read More