π Top 5 News for 24 Hour:
1. Loracle.hl's $CBRS short now profitable. β
π 473 | β€οΈ 0 | π 5
2. SpaceX to trade as $SPCX starting June 12. β
π 166 | β€οΈ 0 | π 6
3. Elon Musk criticizes Instagram. β
π 204 | β€οΈ 3 | π 4
4. Multicoin Capital facing significant losses on AAVE, selling. β
π 310 | β€οΈ 0 | π 4
5. Machi faces significant losses after liquidation in crypto trading. β
π 184 | β€οΈ 0 | π 4
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1. Loracle.hl's $CBRS short now profitable. β
π 473 | β€οΈ 0 | π 5
2. SpaceX to trade as $SPCX starting June 12. β
π 166 | β€οΈ 0 | π 6
3. Elon Musk criticizes Instagram. β
π 204 | β€οΈ 3 | π 4
4. Multicoin Capital facing significant losses on AAVE, selling. β
π 310 | β€οΈ 0 | π 4
5. Machi faces significant losses after liquidation in crypto trading. β
π 184 | β€οΈ 0 | π 4
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π Bybit CEO Ben: I Don't Buy Companies Blaming Layoffs on AI
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou expressed skepticism about companies using AI as an excuse for layoffs. He believes AI cannot yet replace a significant portion of the workforce.
Zhou highlighted the challenge of measuring AI output, noting that while internal spending on large-model tokens is increasing, quantifying actual efficiency gains remains difficult. He likened AI's impact to the initial adoption of Excel, emphasizing that its transformative effect on departments still needs to be evaluated.
In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou expressed skepticism about companies using AI as an excuse for layoffs. He believes AI cannot yet replace a significant portion of the workforce.
Zhou highlighted the challenge of measuring AI output, noting that while internal spending on large-model tokens is increasing, quantifying actual efficiency gains remains difficult. He likened AI's impact to the initial adoption of Excel, emphasizing that its transformative effect on departments still needs to be evaluated.
π΅οΈ Grayscale and VanEck Update BNB ETF Filings Amid Active SEC Review
Bloomberg ETF analyst James Seyffart reported that Grayscale has filed a second amended S-1 for its spot BNB ETF, indicating progress based on SEC feedback.
On the same day, VanEck submitted its fifth amended prospectus for a BNB ETF, while Canary Capital filed its first amended application for a Staked TRX / Tron ETF. T. Rowe Price also filed a fourth amendment for its actively managed crypto ETF, highlighting the ongoing SEC review of multiple crypto ETF applications. #regulation
Bloomberg ETF analyst James Seyffart reported that Grayscale has filed a second amended S-1 for its spot BNB ETF, indicating progress based on SEC feedback.
On the same day, VanEck submitted its fifth amended prospectus for a BNB ETF, while Canary Capital filed its first amended application for a Staked TRX / Tron ETF. T. Rowe Price also filed a fourth amendment for its actively managed crypto ETF, highlighting the ongoing SEC review of multiple crypto ETF applications. #regulation
π€ Elon Musk: Dogecoin Becoming a Leading Crypto Would Be the Most Ironic Outcome
Elon Musk explained why he favored Dogecoin during an ARK Invest program on July 22, 2021. He stated that "the most entertaining outcome is the most likely," implying that a cryptocurrency initially created as a joke becoming a market leader would be the most ironic and entertaining result.
Musk's public comments contributed to Dogecoin's rise from an internet meme to a significant player in the crypto market, resulting in increased attention and price volatility.
Elon Musk explained why he favored Dogecoin during an ARK Invest program on July 22, 2021. He stated that "the most entertaining outcome is the most likely," implying that a cryptocurrency initially created as a joke becoming a market leader would be the most ironic and entertaining result.
Musk's public comments contributed to Dogecoin's rise from an internet meme to a significant player in the crypto market, resulting in increased attention and price volatility.
πΊπΈπ According to SoSoValue data, U.S. spot Bitcoin ETFs recorded a total net outflow of $290 million on May 15 (ET), with none of the 12 ETFs seeing net inflows.
U.S. spot Ethereum ETFs posted a total net outflow of $65.65 million, marking the fifth consecutive day of outflows.
U.S. spot Ethereum ETFs posted a total net outflow of $65.65 million, marking the fifth consecutive day of outflows.
π³ #LAYER Solayer launches a Visa-compatible card for payments in USDC.
π€ Hoskinson Says There's Over a 50% Chance Quantum Systems Could Threaten Digital Security by 2033
According to Crowdfund Insider, Cardano founder Charles Hoskinson stated at Consensus Miami that there is a greater than 50% chance that commercial quantum systems capable of challenging today's digital security could emerge before 2033.
He emphasized that the crypto industry should prepare for threats to existing cryptographic methods, noting that Cardano is advancing post-quantum security based on lattice cryptography and plans to incorporate U.S. FIPS 203β206 standards to enhance private keys, transaction signatures, and consensus security.
According to Crowdfund Insider, Cardano founder Charles Hoskinson stated at Consensus Miami that there is a greater than 50% chance that commercial quantum systems capable of challenging today's digital security could emerge before 2033.
He emphasized that the crypto industry should prepare for threats to existing cryptographic methods, noting that Cardano is advancing post-quantum security based on lattice cryptography and plans to incorporate U.S. FIPS 203β206 standards to enhance private keys, transaction signatures, and consensus security.
π Binance Futures Adds Three TradFi-Linked Perpetual Contracts
Binance Futures announced it will list several USD-margined perpetual contracts tied to traditional financial assets on May 18, including FLNCUSDT, DRAMUSDT, and RKLBUSDT.
FLNCUSDT and RKLBUSDT will offer up to 10x leverage, while DRAMUSDT will support up to 20x leverage. The contracts track the prices of Fluence Energy Class A common stock, the Roundhill Memory ETF, and Rocket Lab Class A common stock, respectively. #etf
Binance Futures announced it will list several USD-margined perpetual contracts tied to traditional financial assets on May 18, including FLNCUSDT, DRAMUSDT, and RKLBUSDT.
FLNCUSDT and RKLBUSDT will offer up to 10x leverage, while DRAMUSDT will support up to 20x leverage. The contracts track the prices of Fluence Energy Class A common stock, the Roundhill Memory ETF, and Rocket Lab Class A common stock, respectively. #etf
π΅οΈ Italyβs Largest Bank Intesa Sanpaolo Increases Crypto Exposure to $235 Million in Q1
According to Criptovaluta, Italyβs largest bank Intesa Sanpaolo significantly increased its crypto exposure in Q1 2026. Its crypto-related assets surged from approximately $100 million in Q4 2025 to around $235 million.
As of March 31, the bank had increased its Bitcoin holdings and gained Ethereum exposure for the first time through purchases of iShares Staked Ethereum Trust.
It also established a new Ripple position via Grayscale XRP Trust, holding 712,319 shares worth about $18 million, while significantly reducing its exposure to Solana through the Bitwise Solana Staking ETF. #etf
According to Criptovaluta, Italyβs largest bank Intesa Sanpaolo significantly increased its crypto exposure in Q1 2026. Its crypto-related assets surged from approximately $100 million in Q4 2025 to around $235 million.
As of March 31, the bank had increased its Bitcoin holdings and gained Ethereum exposure for the first time through purchases of iShares Staked Ethereum Trust.
It also established a new Ripple position via Grayscale XRP Trust, holding 712,319 shares worth about $18 million, while significantly reducing its exposure to Solana through the Bitwise Solana Staking ETF. #etf