WhirlpoolInATeacup

This week, the cryptocurrency market experienced a net outflow of $920 million, with short-term trends still dragged down by macroeconomic factors. Higher-than-expected PPI and the US-Iran conflict pushed up oil prices, limiting the Federal Reserve's room to cut interest rates, resulting in Bitcoin falling 1.4% this week. The US Senate Banking Committee passed the "Clear Act," providing guidance for long-term regulation. The market is balancing between short-term macroeconomic pressure and long-term regulatory benefits.

CryptoWorld News reports that NVIDIA CEO Jensen Huang has recently expressed the following views:
1. Artificial intelligence will become a trillion-dollar industry
2. The return on investment in artificial intelligence is very clear and performs exceptionally well
3. NVIDIA's stock performance is "a mystery in the universe"

May 21, ME News reports: The SEC Chair is seeking public opinion on "prediction market ETFs," and regulators are clearly weighing this new type of product and hoping for more time and feedback. The product is inherently quite innovative, somewhat similar to crypto assets, and regulators need to fully understand its risks and operational mechanisms before approval to build confidence. Source: ChainCatcher

This week, Galaxy Digital founder Novogratz and BitGo CEO Belshe faced off in court over a four-year merger dispute. BitGo demanded that Galaxy pay at least $100 million in breach of contract damages, stemming from Galaxy's 2021 $1.2 billion acquisition proposal — then considered the largest deal in the crypto industry, but it fell through due to a market crash. BitGo accused Galaxy of not making reasonable efforts to facilitate the deal and concealing details of U.S. regulatory investigations that could have significantly impacted the merger.

Honor unveiled its first robot phone, Robot Phone, at Cannes, becoming the only visual partner for China Night in Cannes. The device features the industry's smallest 4DoF gimbal and multimodal intelligent brain, achieving deep integration of AI and hardware, and has reached a strategic technological partnership with ARRI, bringing master-level technologies such as color science, cinematic texture filters, and professional imaging workflows to the mobile platform, opening a new chapter in mobile imaging. Honor CEO Li Jian announced that Robot Phone will be officially released in the third quarter of this year.

AIMPACT reports that Amazon scientists have proposed an automated prompt engineering framework called Promptimus, which can improve high-quality LLM prompts without human intervention. By iteratively optimizing strategies and auxiliary optimizer models to analyze the interaction between prompts and model outputs, it automatically adjusts aspects such as instruction clarity and example selection. Multiple benchmarks show an average improvement of 5-15%, with GSM8K math reasoning increasing from 78% to 85%, covering tasks like commonsense question answering and code generation. The framework is versatile, not dependent on specific LLM architectures or tasks, and uses regularization and cross-validation to prevent over-optimization, ensuring generalization ability.

CoinWorld News reports that Allianz Research states Europe needs to coordinate efforts in artificial intelligence applications to avoid dependence on foreign infrastructure providers. This includes mobilizing sovereign wealth funds and development banks, as well as implementing a unified framework. The organization notes that initiatives like Mistral AI in France and Sweden's sovereign computing capacity projects are promising but moderate in scale as balancing forces. Allianz Research warns that without decisive action, Europe could not only lose market share but also its strategic autonomy over its economic digital infrastructure.

Glassnode research shows that currently, 6.04 million BTC have exposed public keys on the blockchain, accounting for approximately 30.2% of the total issued supply, theoretically posing a future risk of quantum computing attacks; 13.99 million BTC do not have exposed public keys. Exposure is divided into structural (1.92 million, 9.6%) and operational (4.12 million, 20.6%, mainly due to address reuse). Among operational exposure, exchange BTC accounts for 1.66 million, or 8.3% of the total supply, roughly 40% of all unsafe operational BTC. These results should not be interpreted as risk rankings or solvency signals for individual companies.

CryptoWorld News: Trump Media has deposited 2,650 BTC into .com, worth approximately $204.93 million. Currently, they hold 6,889 BTC, valued at about $532.78 million.

BlockBeats News, May 22 — Tom Lee, Chairman of BitMine, the largest treasury of Ethereum, stated that Ethereum has a group of strong leaders and developers who can ensure it remains the future settlement layer for finance and AI. Currently, much of the bearish sentiment is just despair and mutual accusations at the bottom of the crypto winter. Blockchain is the only feasible way for agentic AI to engage in commercial interactions, while also significantly improving the profitability of financial systems. I will continue to be optimistic about ETH.

AIMPACT News, May 14 (UTC+8), OpenAI has built a secure sandbox environment for Codex on the Windows platform. This sandbox ensures the safety of code generation and execution processes by strictly controlling file access permissions and implementing network restrictions. This initiative allows Codex-based coding assistants to operate efficiently and in a controlled manner, providing powerful programming support while effectively isolating potential risks and safeguarding user systems. (Source: AiHot)

CryptoWorld News reports that Intel has launched a hybrid proxy artificial intelligence solution called SuperClaw. This product aims to enhance the efficiency and flexibility of AI applications, suitable for a variety of scenarios.

CoinWorld News, Lin Qiang, Director of the Legal Department of the Ministry of Transport, stated at the State Council Information Office press conference that the Ministry of Transport will further improve and standardize the long-term mechanism for enterprise-related law enforcement, expand the classification and grading system for enterprise inspections, promote the "Artificial Intelligence + Transportation" initiative, effectively consolidate the results of special campaigns, strengthen law enforcement team building, actively practice the concept of law enforcement for the people, and better solve problems and deliver practical benefits for the majority of transportation enterprises.

CryptoWorld News: On the 21st, U.S. Secretary of State Rubio said that negotiations between the U.S. and Iran have made some progress, but he cannot guarantee that an agreement will definitely be reached. He also pointed out that if a “good agreement” cannot be reached, the U.S. has other options available. On that day, Rubio traveled from Miami, Florida, to Sweden to attend the NATO foreign ministers meeting, and at the airport he told the media that President Trump’s top priority is to reach a “good agreement,” and that the U.S. “will do everything possible to achieve this goal.” However, Rubio also made it clear that if a good agreement cannot be reached, Trump has other alternative plans. Although there are some positive signs at the moment, Rubio does not want to appear overly optimistic and said, “Let’s see what happens in the next few days.”

According to Lookonchain monitoring, the BTC OG insider whale injected the last 30 million USDC into Hyperliquid; previously, they planned to buy between $49.725 and $52.36, purchasing $1.15 million worth of HYPE (currently holding $2.48 million in spot), and holding 504.4 units of 5x leveraged long BTC, valued at approximately $38.95 million, with an unrealized loss of about $85k.

BlockBeats News, May 21 — The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against two money laundering networks related to the Sinaloa Cartel, involving more than a dozen individuals and entities. One of the networks is accused of converting cash from fentanyl and other drug sales into cryptocurrency and transferring it to senior members of the Sinaloa Group in Mexico.
OFAC stated that the network engaged in money laundering through cash collection within the United States, cryptocurrency transfers, and dealings with Mexican brokers associated with the "Los Chapitos" faction. "Los Chapitos" is controlled by Ivan, the son of "El Chapo" Guzmán, and Alfredo Guzmán Salazar. The sanctioned individuals include Armando de Jesús Ojeda, who is suspected of being responsible for the money laundering network.