Minnesota becomes first state to ban prediction markets, setting up legal showdown with Trump
Minnesota’s ban on prediction markets could redefine state vs. federal regulatory power, impacting the future of information markets nationwide. The post Minnesota becomes first state to ban prediction markets, setting up legal showdown with Trump appeared first on Crypto Briefing....
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Mine clearance in Strait of Hormuz to take weeks amid military tensions
Prolonged mine clearance in the Strait of Hormuz exacerbates global trade disruptions, reflecting heightened geopolitical instability. The post Mine clearance in Strait of Hormuz to take weeks amid military tensions appeared first on Crypto Briefing....
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SpaceX plans to offer AI compute at extremely high scale, Musk says
SpaceX’s orbital AI compute initiative could revolutionize data center economics, leveraging space’s unique advantages for cost efficiency. The post SpaceX plans to offer AI compute at extremely high scale, Musk says appeared first on Crypto Briefing....
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Stephen Miller warns Iran of severe military consequences if it rejects US deal
Escalating US-Iran tensions could destabilize global energy markets and trigger regional conflicts, impacting geopolitical and economic stability. The post Stephen Miller warns Iran of severe military consequences if it rejects US deal appeared first on Crypto Briefing....
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Samsung reaches deal to avert strike over AI profits
Samsung’s profit-sharing deal with its union sets a precedent for higher labor costs in AI chip production, influencing industry standards. The post Samsung reaches deal to avert strike over AI profits appeared first on Crypto Briefing....
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China’s share of global SWIFT payments slips to 2.85% in April, down from 3.1%
China’s struggle to increase its global payment share highlights the resilience of existing financial systems and the challenges of RMB internationalization. The post China’s share of global SWIFT payments slips to 2.85% in April, down from 3.1% appeared first on Crypto Briefing....
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Nvidia concedes China’s AI chip market to Huawei amid export restrictions
The shift in AI chip dominance to Huawei may accelerate China’s tech self-sufficiency, impacting global AI market dynamics and supply chains. The post Nvidia concedes China’s AI chip market to Huawei amid export restrictions appeared first on Crypto Briefing....
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Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs
South Carolina is now one of more than a dozen US states that have passed laws protecting cryptocurrency rights — and it did so with almost no pushback. Governor Henry McMaster signed Senate Bill 163 on May 19, adding it to a growing stack of state-level digital asset laws...
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Anthropic pays SpaceX $1.25 billion per month for compute in deal running through 2029
Anthropic’s massive investment in SpaceX’s compute infrastructure highlights the growing demand for AI resources, impacting GPU markets and decentralization efforts. The post Anthropic pays SpaceX $1.25 billion per month for compute in deal running through 2029 appeared first on Crypto Briefing....
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OpenAI model solves 80-year-old planar unit distance problem posed by legendary mathematician Erdős
AI’s breakthrough in disproving Erds’ conjecture could revolutionize combinatorial geometry, impacting computational fields and problem-solving. The post OpenAI model solves 80-year-old planar unit distance problem posed by legendary mathematician Erdős appeared first on Crypto Briefing....
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