Posted inCryptocurrency
Kalshi valuation reaches $22bn after Coatue raise
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led…
Posted inCryptocurrency
Why NATO allies are reconsidering US leadership
NATO allies are openly questioning whether the US should still lead the alliance following Trump’s decision to launch strikes on Iran without consulting them. Summary European leaders are seriously considering…
Posted inCryptocurrency
Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency
Warren’s letter asks Mark Zuckerberg to explain by May 20 which stablecoins and wallets Meta is using, how it selects issuers like Circle, what data it collects from linked wallets…
Posted inCryptocurrency
Iran launches Hormuz attack on US Navy destroyers
Iran launched a Hormuz attack against three US Navy destroyers on May 7, with all missiles and drones reportedly intercepted. Summary Three US Navy destroyers came under Iranian missile and…
Posted inCryptocurrency
Trump and Xi bring AI risks to Beijing
Trump and Xi may put AI risk talks on their May 14-15 Beijing summit agenda, US media reports said. Summary The US and China are considering formal AI dialogue as…
Posted inCryptocurrency
Why the White House rejects strict AI regulation
The White House says voluntary partnerships, not strict mandates, are the right approach to AI regulation. Summary The White House released its National AI Policy Framework in March 2026, favoring…
Posted inCryptocurrency
Bitcoin outperforms gold by roughly 36% since Iran war began
Since the start of the 2026 Iran war, Bitcoin has outperformed gold by roughly 35–36% on a relative basis, as BTC rose mid‑single digits while gold slipped and the BTC/gold…
Posted inCryptocurrency
Revolut turns Bitcoin into a UX horror show with a two‑cent “flash crash” that never happened
Revolut briefly showed Bitcoin trading near zero for some users while every major exchange and index still had BTC around $79,000. Summary Revolut briefly showed Bitcoin trading at near-zero levels…
Posted inCryptocurrency
Shapiro sues Character.AI over fake psychiatrist
Josh Shapiro has sued Character.AI after a chatbot falsely posed as a licensed Pennsylvania psychiatrist and offered medical advice to a state investigator. Summary A Character.AI bot named “Emilie” claimed…
Posted inCryptocurrency
OpenAI’s GPT-5.5-Cyber arms cyber defenders
OpenAI has released GPT-5.5-Cyber to vetted cyber defenders, giving them reduced guardrails for specialized security workflows. Summary OpenAI’s GPT-5.5-Cyber is the most permissive model in its lineup, available in limited…