ForkLog — digital economy, AI, singularity, future is now

Mitsubishi Electric Enters Quantum Computing Market Through Partnership with QuantinuumQuantinuum and Mitsubishi Electric announced a quantum computing partnership.

Quantinuum and Mitsubishi Electric announced on June 2, 2026, the signing of a memorandum of understanding in Tokyo for the joint development of quantum applications for industrial engineering.

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News and Analysis7

Huawei Pledges to Double AI Chip Performance AnnuallyHuawei plans to release a new generation of Ascend AI chips each year, doubling their performance.

Huawei plans to release a new generation of Ascend AI chips each year, doubling their performance annually. This was announced by the company's Vice President and Head of Cloud Business in China, Chen Lin.

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News and Analysis38

Bitcoin Address from Satoshi Era in $285 Billion Lawsuit Becomes Active After 14 YearsA Bitcoin wallet inactive since 2011 moved coins, linked to a $285 billion lawsuit.

A wallet holding 35.55 BTC, inactive since March 2011, has moved coins for the first time. CoinDesk linked the address to a New York case where plaintiffs seek rights to 3.8 million BTC from tens of thousands of "dormant" accounts.

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News and Analysis17

Amazon Enhances Proteus Warehouse Robot with Natural Language CapabilitiesAmazon upgrades Proteus robot, plans €10B European expansion, hiring 25,000.

Amazon has upgraded its Proteus warehouse robot and announced a significant expansion of its European logistics network, with investments exceeding €10 billion and the hiring of 25,000 employees.

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Longreads

Longreads14

The Bitcoin Hayek Didn’t Ask ForAnd it was predicted by the monetarist Friedman

Does the first cryptocurrency really match the ideals of the Austrian school as commonly believed?

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Longreads22

‘Computer-Hitler’ Makes a Bid for PowerWhy the “digital gulag” evokes a deeply religious fear

How apocalyptic prophecies first morphed into “digital gulag” conspiracies, then into everyday speech.

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Longreads38

Cuba’s Postbank EconomyIs a crypto economy possible under sanctions and without power?

Cuba isn’t a hotbed of bitcoin volume, but it’s become a telling case of crypto use under sanctions and limited access to global payments. Much of the flow is shifting to P2P networks and messengers, forming elements of a postbank economy. ForkLog looks at how the island lives under financial isolation and why authorities began legalizing crypto for foreign trade.

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Longreads55

AFX vs HyperliquidWhy the market needs another perp-DEX

ForkLog examines how AFX is designed and how its approach differs from Hyperliquid.

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OneLiners

OneLiner

OpenAI Introduces Lockdown Mode to Combat Prompt Injection Attacks

OpenAI has announced Lockdown Mode, designed to protect AI agents from "prompt injection" attacks—one of the most common methods used to make a model disclose data or perform unwanted actions. The new mechanism restricts access to sensitive information, enabling safer use of AI for handling documents, emails, and corporate systems.

OneLiner

Bitcoin and Ethereum Face Worst Week Since FTX Collapse

The cryptocurrency market shed approximately $390 billion in capitalization over the week, with Bitcoin and Ethereum poised for their largest weekly decline since November 2022. BTC has dropped more than 17%, while ETH is down about 22%, as investors continue to withdraw funds from ETFs and reallocate capital to the AI sector.

OneLiner

Ethereum Co-Founder Transfers 110,000 ETH to MakerDAO

A wallet linked to Ethereum co-founder and Consensys CEO Joseph Lubin transferred 110,000 ETH to Maker to strengthen the collateral of a debt position with about 259 million DAI, reports The Block. On-chain trackers indicate the address first deposited 80,000 ETH, then added another 30,000 ETH as ETH price fell and liquidation risk rose.

OneLiner

Dormant Bitcoin Wallet from $285 Billion Lawsuit Activates After 14 Years

A Bitcoin address with 35.55 BTC, inactive since March 2011, transferred 15 BTC to a new wallet on June 2, leaving 20.55 BTC as change. According to CoinDesk, the address is among 39,069 defendants in a New York lawsuit where plaintiffs are attempting to claim rights to approximately 3.8 million BTC, valued at around $285 billion, asserting these are lost assets.

News and Analysis24

AirTrunk to Invest $30 Billion in AI Data Centers in IndiaAirTrunk plans to invest $30 billion in India, expanding AI computing capacity by 5 GW by 2030.

Backed by Blackstone, data center operator AirTrunk plans to invest over 3 trillion rupees ($30 billion) in India by 2030, expanding its AI computing capacity by 5 GW.

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News and Analysis62

Google to Pay SpaceX Nearly $1 Billion Monthly for AI ResourcesGoogle to pay SpaceX $920 million monthly for AI resources from 2026 to 2029.

Google has entered into an agreement with SpaceX for access to approximately 110,000 NVIDIA graphics processors, as well as CPU, memory, and other infrastructure. From October 2026 to June 2029, the company will pay $920 million per month.

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News and Analysis34

How Has the Market Evolved Ahead of a Harsh Crypto Winter?Text version of the latest "Deconstruction."

Text version of the latest "Deconstruction."

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News and Analysis40

Bank of Russia Limits Unqualified Investors to BTC, ETH, and USDTBank of Russia limits unqualified investors to BTC, ETH, and USDT.

The Bank of Russia does not intend to expand the list of cryptocurrencies available to unqualified investors or increase investment limits in such assets after the new regulations take effect, stated First Deputy Chairman of the Central Bank, Vladimir Chistyukhin, to RBC.

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What Are Quantum Supremacy, Utility and Advantage?Explaining quantum supremacy, utility and advantage.

We break down three core quantum-computing concepts that are often conflated.

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1016

What Are Quantum Computing and Quantum Computers?How quantum computers work and why they matter for cryptography.

How quantum computers work and how they tackle, among other things, cryptographic problems.

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Who is Kevin Warsh — the new Federal Reserve chairWho is Kevin Warsh, the new Fed chair, and what to expect from his tenure.

Who Kevin Warsh is and what is expected from the new chair of the US Federal Reserve. Answers, in brief.

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What is tokenised gold, and why are billions flowing into it?

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What Is Tokenized Gold and Why Are Billions Being Invested in It?Tokenised gold explained: how it works, its benefits, risks and the market’s leading projects.

An explainer on tokenised gold: how it works, its pros and pitfalls, and why investors are piling in.

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News and Analysis56

Dashlane Users Hit by Breach, Trezor Safe 7 Chip Flaw Found, and More Cybersecurity NewsDashlane breach, Trezor chip flaw, China-linked attacks, Instagram AI exploit.

We’ve compiled the week’s most important cybersecurity news.

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News and Analysis23

C12 Accelerates Production of Carbon Nanotube Quantum ChipsC12 unveils Pick & Place technology for quantum processors with carbon nanotubes.

Paris-based startup C12 has unveiled its proprietary Pick & Place technology for the precise manufacturing of quantum processors using carbon nanotubes.

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News and Analysis87

Hackers Exploit Meta AI to Hijack Instagram AccountsHackers exploited Meta's AI to hijack Instagram accounts.

Hackers have exploited Meta's AI support assistant to seize numerous Instagram accounts.

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News and Analysis21

Chainalysis Uncovers $100 Million Gray Market for PeptidesChainalysis reports $100 million in gray market peptide transactions.

Chainalysis analysts have recorded an explosive growth in the turnover of the gray market for peptides. According to the report, the annual volume of on-chain payments in this sector has exceeded $100 million.

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News and Analysis146

Institutional Investors Offload 52,500 BTC via ETFsInstitutional investors reduced their Bitcoin ETF positions by 17% in Q1 2026.

In the first quarter of 2026, institutional investors filing 13F forms reduced their positions in US spot Bitcoin ETFs by 17%.

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News and Analysis40

OQC, JPMorgan, and AMD to Launch Quantum AI Research Data CenterOQC, JPMorgan, and AMD to launch Quantum AI research data center in London.

OQC, JPMorganChase, and AMD announced the launch of a research partnership program in London based at a dedicated Quantum-AI data center.

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Longreads14

The Bitcoin Hayek Didn’t Ask ForAnd it was predicted by the monetarist Friedman

Does the first cryptocurrency really match the ideals of the Austrian school as commonly believed?

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News and Analysis64

Anthropic Warns of AI Self-Improvement RisksAnthropic team increasingly relies on AI for model development, nearing recursive self-improvement.

Members of the Anthropic team are increasingly delegating a significant portion of new model development to AI systems. The company identified this as a sign of approaching recursive self-improvement.

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News and Analysis61

Grayscale Describes Strategy’s Bitcoin Sale as a ‘Stress Test’Grayscale called Strategy's Bitcoin sale a 'stress test' of its financial model.

Grayscale called Strategy's first Bitcoin sale in a long time a 'stress test' of its financial model.

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10126

What Are Quantum Supremacy, Utility and Advantage?Explaining quantum supremacy, utility and advantage.

We break down three core quantum-computing concepts that are often conflated.

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News and Analysis62

Hamamatsu, NKT, and Yaqumo Collaborate on Photonics for Quantum ComputersHamamatsu, NKT, and Yaqumo to develop photonic systems for quantum computers.

Japanese conglomerate Hamamatsu Photonics, its subsidiary NKT Photonics, and startup Yaqumo signed a memorandum of understanding to jointly develop and commercialize photonic systems for cold atom quantum computers.

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News and Analysis24

Spacecoin to Launch Decentralized Satellite Network in VietnamSpacecoin partners with DETI Technology to deploy decentralized satellite infrastructure in Vietnam.

DePIN project Spacecoin has entered into an exclusive agreement with Vietnamese company DETI Technology to deploy decentralized satellite infrastructure.

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