DeepMind CEO Warns AGI Approaching Fast
Google DeepMind CEO Demis Hassabis predicts artificial general intelligence by 2030, urging society to prepare for its profound impacts. #Update #AI
Crypto News
General category for all types of news related to the cryptocurrency world.
Chip Shortage Hits Record High Amid AI Boom
The AI boom is causing a global shortage of AI chips, impacting the cryptocurrency market; TSMC’s CEO warns of ongoing supply challenges, while Morgan Stanley notes “chipflation” affecting multiple sectors. #Update #Crypto $BTC $ETH
OCC Chief Blames Democrats for Political Pressure
@WorldLibertyFinancial faces congressional scrutiny as OCC Chief Jonathan Gould claims only Democrats apply political pressure regarding its bank charter, amid concerns over foreign ties and stablecoin regulations. #Update #Crypto $USDT
Visa Mastercard Halt Cuba Operations
Visa and Mastercard halt operations in Cuba following US sanctions, impacting tourism as tourists must now use Mir Cards or UnionPay. #Breaking #Legal @Visa
JPMorgan Warns CLARITY Act Faces Election Risk
JPMorgan analysts warn that the CLARITY Act’s chances of passage may diminish as U.S. midterms approach, complicating crypto regulation efforts amid stablecoin yield debates. #Update #Legal $BTC $ETH
AI Agents Manage $1.2 Trillion at Morgan Stanley
Morgan Stanley empowers AI agents to manage $1.2 trillion in assets, marking a first for Wall Street banks and potentially reshaping traditional banking operations. #Update #Crypto $BTC
Crypto Advisors Uncover Key Due Diligence Questions
Advisors must revisit due diligence on client cash management, regulatory assumptions, and AI’s role in crypto trades as the GENIUS Act approaches implementation by 2027. #Update #Crypto $USDC
Tokenized Real Estate Fund Launches with Goldman Sachs
@ApexGroup is managing a tokenized real estate fund on @GoldmanSachs’ Digital Asset Platform, GS DAP, reflecting increased institutional demand for blockchain solutions. #Update #Crypto $BTC
Mag 7 Stock Soars 30% on AI Potential
@DanIvesResearch predicts Microsoft ($MSFT) could surge over 30% to $575 as AI monetization ramps up in the next 6-12 months, calling the stock currently mispriced. #Update #Tech $MSFT (+7) ↗
Cryptocurrency Sanctions British Teen for Allegations
Russia has sanctioned a British teenager for alleging the use of the A7A5 stablecoin to fund Ukraine’s war efforts, designed to circumvent sanctions imposed after Russia’s 2022 invasion. #Breaking #Legal $USDT
MP Sues xAI Over Sexualized Deepfakes
A British MP, Jess Asato, has sued @xAI over unauthorized sexualized deepfakes, potentially establishing AI developers’ liability for generated content. The case emphasizes the need for stronger protective measures in AI. #Breaking #Legal $XRP
Polymarket Users React to Strategy Sale ‘No’
Polymarket’s contract on @MicroStrategy selling Bitcoin by May 31 resolved to “No,” despite a later disclosure of 32 BTC sold, raising concerns over the token-weighted voting system. #Update #Crypto $BTC
Moomoo Launches Prediction Markets with Kalshi Partnership
@Moomoo partners with @Kalshi to offer CFTC-regulated event contracts for trading on economic, political, and cultural outcomes, expanding access to prediction markets. #Update #Crypto
Worldcoin WLD Surges Towards $5 Target
Arthur Hayes forecasts $WLD could rise to $5 by August amid AI IPO wave, citing short-heavy setup and Eightco’s potential balance-sheet bid. #Update #Crypto $WLD