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Kelp Restores Full Collateral for rsETH Token

The Kelp protocol has restored the collateral for the rsETH token five weeks after the hack. The team sent the final tranche of 20,373 rsETH to the LayerZero smart contract.

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Altman Questions AI-Induced Job Apocalypse

OpenAI CEO Sam Altman has expressed skepticism that the advancement of artificial intelligence will lead to a global "job apocalypse."

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Constructor Group Establishes Quantum Hub in Singapore

Constructor Group Establishes Quantum Hub in Singapore

Constructor Group has selected Singapore for its new global headquarters focused on AI and quantum technologies. The company announced plans to create over 200 highly skilled jobs. Additionally, the firm has launched research programs and expanded partnerships with local universities to advance the AI ecosystem and quantum developments.

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Oil Prices Decline Amid Anticipated Reopening of the Strait of Hormuz

Oil Prices Decline Amid Anticipated Reopening of the Strait of Hormuz

Oil prices have fallen to their lowest levels in over two weeks amid expectations that traffic through the Strait of Hormuz will soon resume. Brent crude prices dropped to $97.43. Some vessels, including a supertanker carrying approximately 2 million barrels of Iraqi oil, have already begun to pass through the strait, heading to China after nearly a three-month delay.

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Strategy Repurchases $1.5 Billion of Its Own Bonds

Strategy Repurchases $1.5 Billion of Its Own Bonds

Strategy has repurchased its own convertible bonds due in 2029 for $1.5 billion. The transaction was completed at a discount of approximately 8% to par.

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Crypto Fund Outflows Intensify to $1.47 Billion

Crypto Fund Outflows Intensify to $1.47 Billion

Between May 18 and 22, cryptocurrency-based investment funds recorded an outflow of $1.47 billion.

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Trump Abandons AI Safety Order Under Pressure from Tech Leaders

According to Semafor and The Washington Post, Donald Trump abandoned an AI safety order at the last minute following pressure from Elon Musk, Mark Zuckerberg, and David Sacks. The draft proposed the voluntary submission of advanced models to authorities for review 90 days before release. However, the White House deemed it a threat to development pace and competitive edge against China.

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US Senate Federal Credit Union Adopts Thought Machine's Centralized Platform

US Senate Federal Credit Union Adopts Thought Machine’s Centralized Platform

The US Senate Federal Credit Union (USSFCU), with assets valued at approximately $1.53 billion, is transitioning its banking core and payments to the centralized platform Thought Machine.

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Bitcoin Spot Volumes Hit 2023 Lows

Bitcoin Spot Volumes Hit 2023 Lows

The price of the leading cryptocurrency has stabilized within a narrow range around $77,500. Following the holidays in the United States, market activity remains subdued, with investors exercising caution.

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Forbes Identifies Five AI Applications in Aviation

Forbes Identifies Five AI Applications in Aviation

Artificial intelligence is already transforming commercial aviation and is gradually being integrated into key processes, from maintenance to pricing.

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Stablecoin Market Capitalization Surpasses Reserves of 95 Countries

Stablecoin Market Capitalization Surpasses Reserves of 95 Countries

The combined market capitalization of stablecoins has reached a new all-time high, hitting $323 billion. This figure exceeds the official currency reserves of 95 countries.

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Second IQM Quantum Computer Launched in Poland

Second IQM Quantum Computer Launched in Poland

On May 25, Poznan University of Technology (PUT) commissioned the IQM Radiance R1 quantum computer from Finland's IQM Quantum Computers.

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