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In brief George Hotz, the hacker behind the first iPhone jailbreak and PlayStation 3 crack, published a blog post Sunday calling AI coding agent adoption “one of the most costly mistakes in the field’s history.” His core argument: high performers can spot bad agent output, but weaker engineers can’t—and it’s the weaker engineers producing ten times the volume, degrading average code quality at scale. The post arrived five days after Andrej Karpathy joined Anthropic’s pre-training team with the opposite view, marking a clear split among serious engineers on whether AI agents actually work. George Hotz—the hacker who first cracked the…
In brief BitMine Immersion Technologies is set to join the large-cap Russell 1000 Index on June 26, comfortably clearing a $5.7 billion large-cap threshold. The inclusion is expected to trigger a multi-billion-dollar wave of automated demand from passively managed index funds and ETFs. BitMine’s elevation is part of a wider institutional wave for digital asset firms, with Galaxy Digital also joining the large-cap Russell 1000 Index. BitMine Immersion Technologies is expected to enter the Russell 1000 Index, joining the index that tracks the largest public companies in the U.S. and serves as an industry-standard benchmark for equity exposure across institutional…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hyperliquid’s new HIP-4 update—unveiled Monday—marks a major shift in how crypto prediction markets could operate, and it arrives as the platform looks to intensify competition in a fast-growing sector where Polymarket and Kalshi currently lead. Prediction Markets Get A New Playbook The change was announced via Telegram, where Hyperliquid said it now supports “canonical outcome markets” tied to off-chain events. In other words, the outcome markets can be published and managed using automated newsfeed software that runs through the validator operations Hyperliquid already uses for its blockchain. …
Make CryptoSlate preferred on Bitcoin and Ethereum ETF outflows have accelerated, with institutional investors pulling nearly $2.7 billion from spot Bitcoin and Ethereum exchange-traded funds over the past two weeks.However, rather than signaling a broad exit from digital assets, market data reveal a historic divergence, with these allocators simultaneously rotating into newly launched alternative cryptocurrency funds like Solana, Hyperliquid, and XRP.The structural shift highlights a maturing market where digital assets are no longer traded as a monolith. That makes the current move a crypto ETF rotation rather than a uniform retreat from regulated digital asset exposure.Flagship cryptocurrencies like BTC and…
In brief Pope Leo XIV released “Magnifica Humanitas” on May 25, the first papal encyclical dedicated entirely to AI. The encyclical classifies algorithms, data, and digital platforms as common goods that cannot remain under private monopoly control. Anthropic co-founder Christopher Olah spoke at the Vatican launch and warned that AI labor displacement at scale would become “a moral imperative of historic proportions” to address. Pope Leo XIV published his first encyclical on Monday, a 245-paragraph document dedicated entirely to artificial intelligence that demands tighter oversight of Big Tech, classifies data as a shared human resource, and argues that “technology is…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit BankXRP has highlighted that Ripple’s recent investment is strategic and boosts XRP’s utility as a cross-border payment asset. This comes as Ripple continues to expand its operations, with moves to further integrate XRP in its operations. How Ripple’s Move Is Strategic For XRP In an X post, BankXRP noted that Ripple’s backing of the cross-chain router Squid is strategic rather than random, as Squid supports the XRP Ledger as an integrated chain alongside Ethereum, Solana, Bitcoin, Stellar, and Cosmos. He added that the platform supports…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to stay above $2,100 as the market shows indecision that has left bulls and bears in a standoff without a clear resolution. A brief recovery arrived when President Trump stated that the Strait of Hormuz would be opened following talks with Middle Eastern leaders about Iran and regional peace efforts — markets interpreted the comments as a potential easing of geopolitical tensions, and both Bitcoin and Ethereum rebounded in response. The relief was real but short-lived. XWIN Research Japan has examined Ethereum’s internal market…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Vitalik Buterin said the Ethereum Foundation (EF) is moving toward a smaller, more focused and more opinionated role, with fewer ETH sales and a sharper mandate around Ethereum’s long-term resilience, privacy, security and capture resistance. In a lengthy post via X on Sunday, Buterin framed the shift as a deliberate move away from treating the EF as the “center of Ethereum” and toward a narrower function inside a broader ecosystem. He also stressed that the remarks reflected his own view, not an official unilateral directive. “First of…
In brief Missouri State Attorney General Catherine Hanaway is seeking $1.83 million in penalties and an operational ban against CoinFlip. Blasting the lawsuit as “meritless,” CoinFlip argued it has robust consumer safeguards and urged the state to investigate actual criminals. The legal battle underscores a major national crackdown, arriving just days after top competitor Bitcoin Depot filed for Chapter 11 bankruptcy. Missouri Attorney General Catherine Hanaway unveiled a lawsuit against Bitcoin ATM operator CoinFlip on Wednesday, adding to the growing number of legal actions nationwide aimed at protecting elderly consumers from skyrocketing scams.The state’s top prosecutor accused CoinFlip, which already…
In brief MoonPay launched a ChatGPT app that lets users generate crypto purchase links inside OpenAI’s chatbot. Users still must complete MoonPay’s standard KYC and checkout process before buying crypto. MoonPay says AI assistants like ChatGPT are becoming a new distribution channel for crypto services. MoonPay has brought crypto purchases directly into ChatGPT, allowing users to generate checkout links to buy digital assets, including Bitcoin, XRP, Solana, and USDC, without leaving OpenAI’s chatbot.On Friday, MoonPay launched a dedicated app in ChatGPT Apps, allowing users to buy cryptocurrencies directly inside OpenAI’s chatbot. MoonPay joins a growing list of crypto-related apps on…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The 13 US Bitcoin Spot ETFs closed out last week with $1.26 billion in net withdrawals, amid significant price losses in the broader crypto market. Notably, data from SoSoValue shows this is the heaviest outflow from the Bitcoin ETF market since the last week in January, when investors’ activity resulted in a net loss of $1.49 billion. Bitcoin Spot ETFs Register Six Consecutive Red Days More details of the last week performance shows the Bitcoin Spot ETFs market recorded a starggering $648.64 million in net outflows on…
In brief U.K.-based Blockchain.com is seeking an initial public offering via the U.S. equity markets. Details about how much it is seeking to raise and what price point it will offer shares are not yet public. The firm, once valued as high as $14 billion, adds to a growing list of crypto firms intending to IPO. Crypto exchange Blockchain.com has confidentially filed for its U.S. public offering, the firm announced on Thursday. Details about the number of shares being offered or expected price range of the offering have not been determined. The U.K.-based firm was founded in 2011, and since that time…
Make CryptoSlate preferred on Ethereum’s market sentiment has deteriorated significantly as the blockchain network’s native ETH token moves through a medium-term bear phase.Data from blockchain analytics platform Santiment shows that while ETH-related discussions increased in frequency throughout May, the tone of that commentary has shifted toward frustration, disappointment, and concern about deeper downside potential.Ethereum Market Sentiment (Source: Santiment)Analysts at the firm noted that this shift in sentiment reflects a combination of market pressures building simultaneously, including weak spot price action, persistent exchange-traded fund (ETF) outflows, high-profile departures from the Ethereum Foundation, public criticism from longtime ecosystem supporters, and stronger price…
In brief Joi AI is hiring 10 “masturbation consultants” at $2,000 for a month to test an AI-guided masturbation feature and document its effects on stress, sleep, mood, and confidence. The feature uses mood-matched AI voice sessions, and consultants would submit written feedback and questionnaires directly to the company. Joi AI says the campaign is intended to collect product feedback while drawing attention to AI’s growing role in sexual wellness and digital intimacy. Joi AI says it will pay people $2,000 a month to masturbate. Yes, you read that right.The AI companion startup is hiring 10 “masturbation consultants” to test…