
Bitcoin Drops Below $62,000Bitcoin fell to $61,351 on June 4, triggering a wave of long position liquidations.
On June 4, the price of the leading cryptocurrency fell to $61,351. Amid the negative trend, the market faced a massive wave of long position liquidations.
Researchers Develop Adaptive AI WormResearchers developed an adaptive AI worm that tailors attack strategies for each target.
Researchers from the University of Toronto, Vector Institute, University of Cambridge, and ServiceNow described a prototype of an adaptive AI worm. The malware generates a unique attack strategy for each target.
Hyperliquid’s Derivatives Market Share Reaches 6.63%Hyperliquid's trading volume share of perpetual futures reached 6.63% in May.
In May, the trading volume share of perpetual futures on Hyperliquid rose to a record 6.63% of the total turnover on CEX — $200 million out of $3 trillion.
‘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.
US Assesses Cost of Establishing Military Cyber UnitCSIS and FDD report on US Cyber Force establishment.
The Center for Strategic and International Studies, along with the Foundation for Defense of Democracies, released a report on establishing a separate branch of the military in the US — Cyber Force.
‘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.
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.OneLiners
Google Unveils Dreambeans for Personalized AI Stories
Google is testing Dreambeans, a service offering a collection of illustrated AI-generated publications. These are curated based on data from a user's account services and include recommendations for places, activities, trips, events, and news materials.Mach Industries Secures $300 Million in Series C Funding
US defense startup Mach Industries has raised $300 million in a Series C funding round, valuing the company at $1.8 billion. The funds will be used to fulfill existing government contracts, expand the workforce, develop products, and establish production networks. The round was led by Infinite Capital and Ribbit Capital.Vietnam Tests AI-Equipped Police Drones
The Hanoi police have initiated testing of AI-powered drones for traffic monitoring and control, developed by Vietnamese companies MiSmart JSC and Gtel Robot JSC. The drones transmit real-time video to the command center and officers' mobile devices. They operate at an altitude of 50 meters with a flight corridor of 20 meters.Wyoming Governor Signs Executive Order on Data Center Development
Wyoming Governor Mark Gordon has signed the executive order "Data Centers the Wyoming Way," establishing a framework for the development of data centers in the state. The order mandates authorities to prepare implementation recommendations within 60 days and sets requirements for the protection of water resources, local community interests, and natural areas.
QuiX Quantum Develops Control Unit for Photonic Quantum ComputerQuiX Quantum installs first Feed-Forward Control Unit for photonic quantum computing.
Dutch company QuiX Quantum has installed the first Feed-Forward Control Unit (FFCU) system designed to manage a photonic quantum computer.
AI Leaders Urge Stricter Controls on DNA SynthesisAI leaders call for mandatory checks on synthetic DNA orders.
Leaders from OpenAI, Anthropic, Google DeepMind, and Microsoft AI have signed an open letter calling for mandatory legislative checks on clients and orders from synthetic DNA and RNA suppliers.
BitMine to Issue $300 Million in Shares for Ethereum AcquisitionBitMine files for $300M share issue to buy Ethereum.
BitMine Immersion Technologies has filed an application with the U.S. Securities and Exchange Commission to publicly offer 3 million perpetual preferred Series A shares.
New York and EU Regulators Agree on Stablecoin MonitoringNYDFS and EBA sign memorandum for stablecoin market oversight.
The New York State Department of Financial Services and the European Banking Authority have signed a memorandum of understanding for joint oversight of the stablecoin market.
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.
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.
Bloomberg Predicts Harshest Crypto Winter in HistoryThe digital asset industry faces its most severe downturn due to multiple factors.
According to Joe Weisenthal and Tracy Alloway, hosts of Bloomberg's Odd Lots podcast, the digital asset industry is experiencing its most severe downturn due to a combination of factors.
Uber Imposes Monthly AI Spending Limit for EmployeesUber sets $1500 monthly AI spending limit per employee for coding tools.
Uber has set a $1500 monthly limit per employee for the use of AI services. The restriction applies to coding tools.
Cardano Platform TapTools to Shut Down OperationsTapTools, a Cardano analytics platform, to shut down in two weeks due to staff departures and costs.
The platform TapTools, which provides analytics and infrastructure solutions for the Cardano ecosystem, will cease operations within two weeks.
Microsoft Unveils Majorana 2 Quantum ChipMicrosoft announced the topological quantum chip Majorana 2, enhancing qubit stability significantly.
Microsoft announced the topological quantum chip Majorana 2. The new processor features a lead-based material stack, enhancing qubit stability more than 1000 times compared to the previous generation.
Blockchain Association Urges US Senate to Approve CLARITY ActBlockchain Association urges US Senate to pass CLARITY Act.
The Blockchain Association sent an open letter to US Senate leaders John Thune and Chuck Schumer, urging the swift passage of the CLARITY Act.
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.
Sebastian Hassinger Predicts 50-Qubit Quantum Computers Within Five YearsQuantum computers with 50 qubits expected in five years, says Sebastian Hassinger.
Quantum computers with 50 logical qubits are expected within five years, according to Sebastian Hassinger, host of The New Quantum Era podcast.
Vitalik Buterin Proposes Crash-Resistant Synthetic Asset ModelVitalik Buterin introduced a concept for synthetic assets based on options, avoiding traditional debt.
Ethereum co-founder Vitalik Buterin introduced a concept for recreating synthetic assets based on options instead of traditional debt positions.
Florida Sues OpenAI and Sam Altman Over Child Safety ConcernsFlorida accuses OpenAI of promoting ChatGPT to teens, demands ban and fines.
Florida has accused OpenAI and CEO Sam Altman of aggressively promoting ChatGPT among teenagers and demanded a ban on controversial practices with fines.We use cookies to improve the quality of our service.
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