Crypto

LLMs that affirm delusions likened to “schizophrenia-seeking missiles,” Billionaire claims AI leaders prepping for chance AI kills 50% of us. In the last edition of AI Eye, we reported that ChatGPT had become noticeably more sycophantic recently, and people were having fun giving it terrible business ideas shoes with zippers, soggy cereal cafe   which it would uniformly say was amazing. The dark side of this behavior, however, is that combining a sycophantic AI with mentally ill users can result in the LLM uncritically endorsing and magnifying psychotic delusions. On X, a user shared transcripts of the AI endorsing his claim to feel like a prophet. “That’s amazing, said ChatGPT. That feeling clear, powerful, certain that’s real. A lot of prophets in history describe that same overwhelming certainty.” Read more

The market-maker, investor and asset manager aims to be a “one-stop shop for market participants,” says its Chief Strategy Officer. Riezman is a speaker at Consensus 2025 May 14-16.

After a period of muted price action and consolidation, Ripple has found support at the 100-day moving average, triggering a modest bullish rebound. However, the price remains confined between the 100 and 200-day MAs, making a decisive breakout essential for initiating a strong rally. XRP Analysis By Shayan The Daily Chart XRP has recently found […]

Following a notable increase in demand, Ethereum surged past the $1.8K resistance level. The price is now expected to extend its bullish trend toward the significant $2.1K resistance region, which aligns with the 100-day moving average. Technical Analysis The Daily Chart A surge in buying activity near the critical $1.5K support level triggered a strong […]

The long-awaited Pi Network (PI) listing may be imminent as a 2-month-old Binance wallet shows fresh activity, putting the $1 target back in focus. The post Is Pi Coin About to Get a Binance Listing? Test Transactions Fuel 11% Surge appeared first on Cryptonews.

The company's "Opening Bell" platform lets SEC-registered shares trade on-chain, bridging crypto and public equity markets.

The world's biggest crypto exchange will buy the world's leading options exchange.

Hut 8 increased its hashrate by 79% in Q1 2025 despite reporting a $134.3 million net loss, driven by major investments and the launch of its American Bitcoin subsidiary. Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year. According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that this was a result of large-scale investments. “As reflected in our results, the first quarter was a deliberate and necessary phase of investment,” Genoot said. “We believe the returns on this work will become increasingly visible in the quarters ahead.” Read more

The current draft of the GENIUS Act elevates centralized entities in overseeing stablecoins. Democrats should take the right stand against it, says Hermine Wong.

The Bitcoin price surged past the psychologically important $100,000 mark on Thursday, spurred by optimism over fresh U.S. – China trade talks and renewed institutional demand. The post Bitcoin Price Breaks Back Above $100,000 as Trade‑Talk Optimism and ETF Inflows Ignite Rally appeared first on Cryptonews.

There were rumors on the matter in the past few months, but Coinbase confirmed the move earlier today.

Held explores how Bitcoin can move beyond the "digital gold" narrative, rebrand for the next wave of users and navigate new political and technological frontiers. Bitcoin (BTC) has long been branded as “digital gold,” a store of value for believers in scarcity, decentralization and self-sovereignty. As institutional interest grows, geopolitics shift, and new layers emerge on Bitcoin’s stack, is it time for the narrative to evolve?  In this episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with longtime Bitcoiner and entrepreneur Dan Held, who argues that Bitcoin’s next chapter may unlock broader functionality, from programmable use cases to more nuanced messaging that reaches far beyond crypto-native circles. With US President Donald Trump openly backing Bitcoin — and reportedly owning it himself — Held said he sees a regulatory and reputational change.  Read more

The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Deribit is the world's leading Bitcoin and Ethereum options trading platform, with more than $1.2 trillion in annual trading volume. Coinbase, the largest cryptocurrency exchange in the US by trading volume, has agreed to acquire Deribit, one of the world’s biggest crypto derivatives trading platforms. Coinbase Global will acquire Deribit for about $2.9 billion, the exchange announced on May 8. The acquisition will allow Coinbase to expand into the profitable crypto derivatives market and continue scaling the platform’s global growth, Greg Tusar, Coinbase’s vice president of institutional product, said in the announcement. Read more

Stripe has launched a new money management service powered by stablecoins

Browser-based crypto mining is making a quiet return in 2025, offering a low-barrier way to earn crypto, but its profitability and impact remain limited. Browser-based crypto mining sounds like a dream: Just open a webpage, let it run, and your computer starts earning crypto in the background. No bulky ASICs, no GPU farms, no long setup tutorials — just your browser doing the heavy lifting. The idea blew up in the late 2010s with tools like Coinhive, which let website owners mine Monero (XMR) using JavaScript. At first, it seemed like a clever alternative to ads; visitors donated a bit of unused CPU power, and websites earned crypto.  But then came cryptojacking. Sites began running these scripts without user permission, draining resources and slowing down devices. In 2019, Coinhive shut down, citing shrinking returns and mounting scrutiny. Read more

Sui (SUI) jumped 16.4% and Bitcoin Cash (BCH) gained 15.6%, leading the index higher.

[PRESS RELEASE – Dubai, United Arab Emirates, May 8th, 2025] ChainGPT, a pioneer in blockchain AI solutions, today announced the release of its highly anticipated AIVM Whitepaper, a comprehensive technical and strategic vision for building the foundation of the AI Crypto Economy. The Artificial Intelligence Virtual Machine (AIVM) is a purpose-built Layer-1 blockchain designed to […]

In Q1 2025, Rootstock’s network security reached new highs as merged mining participation surged to 81%, led by the onboarding of Foundry and SpiderPool. Transaction fees dropped by 60%, boosting cost-efficiency and user accessibility, while the Lovell upgrade improved EVM compatibility and introduced critical protocol optimizations. Despite steady transaction growth, onchain revenue declined 24% due to reduced fees, and DeFi TVL contracted 20% amid market-wide headwinds. RootstockCollective rolled out major application updates and NFT-based incentives, while ecosystem integrations like LayerZero and Meson Finance expanded its multichain and stablecoin capabilities.