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Former front-runner for CFTC chair role resigns to lead Blockchain Association
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger will depart the agency on May 30 to become the Blockchain Association’s new CEO, effective June 2, according to a May 14 ann...

Grok really wanted people to know that claims of white genocide in South Africa are highly contentious
Grok, the AI model from Elon Musk’s xAI, was sending strange responses to people on X earlier on Wednesday. In res...

Pi Foundation unveils $100 million investment initiative to drive real-world utility
The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14, aims to ...

Low Cap Nasdaq-Listed Firm Reveals $300,000,000 Fundraising Plan To Acquire Crypto, Including President’s TRUMP Token: Report
An under-the-radar Nasdaq-listed company is reportedly raising hundreds of millions of dollars to acquire crypto assets,...

Coinbase CEO wants to hire DOGE staff to help improve the global financial system
Coinbase CEO Brian Armstrong extended a public invitation to employees of the US Department of Government Efficiency (DOGE), encouraging them to apply for roles at the crypto exchange after they leave...

Pi Network to Deploy 10% of PI Supply for $100 Million Startup Fund
The Pi Foundation today announced the launch of Pi Network Ventures, a $100 million development initiative aimed at investing in startups and businesses that drive Pi adoption and utility. The foundat...

House Ways and Means Committee Preserves Credit Union Tax Exemption
The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. The legislation passed the committee on a 26-19 vote along pa...

eToro’s Upsized IPO Signals Investor Confidence in Online Investment Platform
On May 13, 2025, eToro Group Ltd., the Israel-based social trading and investment platform, announced the pricing of its upsized initial public offering (IPO) at $52 per share, surpassing its initial ...

Microsoft’s ADeLe wants to give your AI a cognitive profile
Modern AI models are advancing at breakneck speed, but the way we evaluate them has barely kept pace. Traditional benchm...

Hong Kong Jockey Club makes plans to transform into global entertainment firm
Racing and gambling company the Hong Kong Jockey Club (HKJC) aims to transform into global entertainment firm. HKJC has announced that it will be re-positioning itself as an international sports enter...