24/7 Blockchain industry dynamics and breaking crypto news
China's Ministry of Industry and Information Technology has launched a pioneering plan for AI ethics review and services. The initiative aims to establish practical governance pathways and collaborative mechanisms, supporting responsible innovation and high-quality development in the AI sector.
Read MoreSolana project Solstice has released its Season 1 airdrop details. Users can now check their SLX token allocations. The team confirmed that points and airdrop eligibility for those who missed the limited-time registration window have been revoked.
Read MoreA former Singapore Navy captain stole approximately US$1.7 million worth of USDT from a friend's cold wallet. The funds financed luxury watches, gambling, and mortgage payments. Following blockchain tracing, he confessed to the crime driven by investment losses and was sentenced to 6 years and 10 months imprisonment.
Read MoreByteDance is reportedly increasing its annual AI infrastructure budget by approximately 25%, with total investment potentially reaching 200 billion yuan. This move aims to counter rising chip costs and accelerate its strategic expansion in cutting-edge AI fields like large models and cloud computing.
Read MoreLeading digital asset exchanges, including Coinbase, Kraken, and Gemini, are urging U.S. lawmakers to revise the anti-market manipulation provisions in the CLARITY Act. They argue the current wording could unfairly restrict the listing of emerging tokens, potentially stifling market diversity and innovation.
Read MoreTrump Media & Technology Group reported a staggering $405.9 million net loss in Q1. Unrealized losses on digital assets and equity securities, primarily from a declining Bitcoin portfolio, drove the majority of the loss. Despite minimal revenue from Truth Social, operating cash flow remained positive for the fourth consecutive quarter.
Read MorePrediction market platform Kalshi has entered a landmark partnership with Madison Square Garden, becoming its official prediction market partner. The high-traffic Sixth Floor concourse has been renamed the Kalshi Concourse, integrating prediction markets into a major sports and entertainment venue.
Read MoreA leading CEO argues Wall Street's growing Bitcoin involvement represents inevitable mainstream adoption, not a threat to its core principles. He sees Bitcoin competing with global capital while transforming traditional asset monetization, viewing institutional entry as a sign of ecosystem maturity.
Read MoreEthereum's share of total DeFi value locked has dropped from 63.5% to around 54%, a yearly low. While still leading with ~$45.4B TVL, competitors like Solana and BNB Chain are gaining significant market share.
Read MoreGoldman Sachs has significantly delayed its forecast for Federal Reserve interest rate cuts. Citing persistent inflation pressures, the bank now expects the first cut in December 2026, with a second following in March 2027, as core PCE inflation is projected to stay around 3%.
Read MoreBoFA strategists forecast a rare fourth consecutive year of double-digit gains for both U.S. stocks and gold. The S&P 500 could rise 20% annually, while gold may surge 30%, driven by economic resilience and a structural shift across asset classes.
Read MoreU.S. intelligence assessments indicate Iran's Supreme Leader is playing a central role in formulating war strategy and ceasefire negotiations with Washington, working closely with senior officials on critical decisions.
Read MoreState-backed hackers are luring developers with fake crypto job interviews, hiding malware in Git pre-commit hooks to steal assets. Research warns developers to run cloned code in isolated environments to avoid credential theft.
Read MoreBank of America dramatically revises its Fed outlook, predicting no rate cuts until after 2027 due to persistent inflation, strong jobs growth, and multiple economic shocks, marking a sharp reversal from earlier market expectations.
Read MoreRecent data reveals a sharp divergence in US spot ETF flows. Bitcoin ETFs saw significant net outflows of $145.7 million, led by Fidelity's FBTC. In contrast, Ethereum spot ETFs demonstrated resilience with a net inflow of $3.6 million, highlighting differing market sentiments.
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