CLARITY Act stablecoin deal shifts investor mood

ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet. Summary Senators Tillis and Alsobrooks reached a CLARITY Act yield compromise on May 1, banning passive stablecoin yield and preserving activity-based rewards. Polymarket odds of the CLARITY Act passing in 2026 jumped from 46% to…

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As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

When it comes to the specter of AI’s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC’s Becky Quick hosted by the Milken Institute — an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator of jobs, not…

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Crypto Influencer Claims Binance to Relaunch in the Philippines via ‘Backdoor’ in June 2026

Global cryptocurrency exchange Binance is allegedly preparing to legally re-enter the Philippine market by June 2026 through a local entity, according to claims made by Dubai-based crypto trading entrepreneur and influencer Arlone Abello, also known as Coach Miranda Miner. During a recent broadcast of his online show, Abello stated that he had spoken directly with…

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Securitize Gets FINRA Approval to Broaden Tokenized Securities Operations

Key Takeaways: Securitize Markets received expanded FINRA permissions for tokenized securities custody, settlement, underwriting, and distribution. Transactions can now settle onchain against stablecoins inside a regulated broker-dealer framework. Executives said the approval strengthens infrastructure for tokenized stock offerings and IPO processes. Securitize Markets Expands Tokenized Securities Custody Securitize, a leading tokenization platform, announced on May…

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Trump considering federal AI model oversight

White House officials are exploring official government oversight of new AI models, according to the New York Times. U.S. officials, speaking on the condition of anonymity, told the publication that the Trump administration is forming an AI working group composed of tech leaders and government representatives. The group will be tasked with outlining potential oversight…

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DPRK Calls Cyber Theft Accusations ‘Absurd Slander’ Driven by Reptile Media

DPRK rejected cyber theft allegations and accused the United States of spreading false claims to damage its image and justify hostile policies. North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent years. But the isolated nation’s foreign ministry denies involvement in global cyber fraud. DPRK Slams…

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