Artificial general intelligence (AGI) promises to think, adapt and reason like a human — but how close are we really to this sci-fi dream? When the lines blur between man and machine, you’re looking at artificial general intelligence (AGI). Unlike its counterpart, artificial narrow intelligence (ANI), which is the use of AI for solving individual problem statements, AGI represents artificial intelligence that can understand, learn and apply knowledge in a way that is indistinguishable from human cognition. AGI is still theoretical, but the prospect of artificial intelligence being able to holistically replace human input and judgment has naturally attracted plenty of interest, with researchers, technologists and academics alike seeking to bring the concept of AGI to reality. Read more
Dogecoin, in particular, has seen a notable spike in online discussions as various ETF applications are being considered in the US, says Santiment's Brian Quinlivan. Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan said in a May 1 blog post. “Online discussions about these high-risk tokens have proliferated as traders embrace a gamble mindset, rather than a calculated investment approach,” he said. Read more
Bitcoin miner Riot Platforms posted a loss in Q1 2025 despite reaching a new quarterly revenue record. Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities. “We achieved a new record for quarterly revenue this quarter, at $161.4 million,” Riot CEO Jason Les said in a May 1 report for its first quarter 2025 earnings. The company just surpassed Wall Street estimates of $159.79 million by 1%. Riot’s Q1 revenue was a 50% jump compared to the same quarter a year ago. Read more
The US Treasury has proposed cutting the Huione Group's access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department is seeking to bar the Cambodia-based Huione Group from accessing the American banking system, accusing the company of helping North Korea’s state-sponsored Lazarus Group launder cryptocurrency. The Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed on May 1 to prohibit US financial institutions from opening or maintaining correspondent or payable-through accounts for or on behalf of the Huione Group. Huione Group has established itself as the “marketplace of choice for malicious cyber actors” like the Lazarus Group, who have “stolen billions of dollars from everyday Americans,” US Treasury Secretary Scott Bessent said in a May 1 statement. Read more