Bookmarking Crypto Insights
Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date total above $10 billion, according to data from European crypto investment manager CoinShares. Global crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows during the week ending May 24, bringing total inflows year-to-date to a new record of $10.8 billion, CoinShares … Read more
Adam Back, known for his interactions with Satoshi, has led a funding round in H100 Group, the first public company in Sweden to announce a bitcoin purchase strategy. Back invested nearly $1.5 million in a $2.2 million funding round to help the company advance its Bitcoin roadmap. Adam Back Leads H100 Group’s $2.2 Million Funding … Read more
Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent challenge in its energy sector. The country’s energy landscape has been … Read more
A TikTok prankster who attended Donald Trump’s dinner for the US president’s top memecoin holders said the three-course meal served was some of the “worst food” he’s eaten and that Trump’s speech at the event was “pretty much like bullshit.” “It was the worst food I’ve ever had at a Trump golf course,” Nicholas Pinto … Read more
Several artificial intelligence models ignored and actively sabotaged shutdown scripts during controlled tests, even when explicitly instructed to allow the action, Palisade Research claims. Three AI models ignored the instruction and successfully sabotaged the shutdown script at least once during 100 runs, the research firm said in a May 24 X post. OpenAI’s GPT-3 model … Read more
The Hong Kong-headquartered heat-and-eat meal seller DDC Enterprise has made its first-ever Bitcoin purchase as part of a plan to buy 5,000 Bitcoin over the next three years. The New York-listed DDC Enterprise, also known as DayDayCook, said on May 23 that it bought 21 Bitcoin (BTC) in exchange for 254,333 shares in a deal … Read more
When presented with annihilation scenarios, Anthropic’s new AI models misbehave, going to extreme lengths to stop being deactivated. A report details these attempts to keep existing, including resorting to blackmail and trying to copy itself to external servers. Anthropic’s AI Models ‘Misbehave’ When Facing Annihilation A report by Anthropic, detailing the capabilities of its latest … Read more
Nvidia will reportedly launch a new lower-cost artificial intelligence chip specifically for China, following restrictions on exporting its more expensive model. Nvidia plans to start mass production of the new AI chips in June, which will be part of the firm’s latest generation of AI chips, Reuters reported on May 26, citing people familiar with … Read more
US House Speaker Mike Johnson has brushed off corruption concerns surrounding President Donald Trump’s dinner for the top holders of his memecoin and dodged answering whether the list of attendees should be released in the interest of transparency. Johnson told CNN’s Jake Tapper on May 25 that he knew nothing about Trump’s May 22 memecoin … Read more
Luxury watchmaker Franck Muller has partnered Solana to launch a limited edition watch, the Franck Muller 41mm Solana. Blending High Watchmaking With Web3 Swiss luxury watchmaker Franck Muller has partnered with the Solana blockchain to launch a limited edition timepiece. Limited to just 1,111 pieces, the Franck Muller 41mm Solana limited edition watch, retails for … Read more
