The Bank of England supports the responsible adoption of tokenization technology, believing it can help improve the efficiency, reduce costs, and enhance the functionality of retail payments and wholesale financial markets, while serving financial stability and sustainable growth.

Kevin Warsh is set to assume the role of head of the US Federal Reserve today, Friday, May 22, 2026. According to NS3.AI, Warsh has been a vocal supporter of cryptocurrency, having referred to Bitcoin as "the new gold for anyone under 40" in January 2021. Federal Reserve regulations mandate that Governors must divest from individual stocks or crypto-related assets prior to taking office.

Canaan has announced a decrease in its Q1 2026 revenue, which fell to $62.7 million. According to NS3.AI, the company's Bitcoin and Ethereum treasury was valued at approximately $148 million based on CryptoSlate's price levels as of May 22. The ASIC manufacturer reported a net loss of $88.7 million for the quarter. Looking ahead, Canaan has provided guidance for Q2 revenue, projecting it to be between $35 million and $45 million.

Sky Links Capital Group CEO Daniel Takieddine noted that the dollar's trading remains stable and close to multi-week highs, supported by strong U.S. economic data and uncertainty surrounding U.S.-Iran negotiations. According to Jin10, Takieddine highlighted that diplomatic efforts are constrained due to disagreements over Tehran's uranium reserves and the future of the Strait of Hormuz, maintaining the demand for the dollar as a safe-haven currency. Recent U.S. data has reinforced expectations that the Federal Reserve will keep interest rates high for an extended period. He mentioned that while market pricing indicates rates will remain unchanged this year, there is still a possibility of rate hikes if inflationary pressures persist.

Anza engineer Ashwin Sekar reported that the Alpenglow testnet experienced a failure during a cluster migration on May 11, following the addition of over 40 nodes. According to NS3.AI, Sekar explained that Anza addressed a TowerBFT and proof-of-history bug, as well as a validator peer-connection issue, before successfully completing the subsequent migration.

Attackers have reportedly stolen approximately $700,000 from Polymarket through a private key hack. According to NS3.AI, Polymarket developers stated that the incident was related to rewards payout, assuring that user funds and market resolution remain secure. Bubblemaps reported that the stolen funds were distributed across 16 addresses before being transferred to centralized cryptocurrency exchanges.

The United Arab Emirates (UAE) is actively promoting diplomatic efforts to end the conflict with Iran, according to several informed sources. These sources indicate that the UAE, along with Saudi Arabia and Qatar, is urging U.S. President Donald Trump to consider negotiations. According to Odaily, the discussions stem from concerns that renewed hostilities could lead to retaliatory actions from Tehran, potentially destabilizing the Gulf region's economy. In separate conversations with Trump, leaders from these three allied nations expressed the view that military action would not achieve the United States' long-term objectives regarding Iran. Abu Dhabi's stance reflects a shift in attitude, as the UAE was previously a major target of Iranian attacks and had maintained a more aggressive posture towards Iran compared to its neighbors. However, the sources noted that the UAE, Saudi Arabia, and Qatar differ on the diplomatic approach the U.S. should take and the level of firmness required in dealing with Iran.

Berenberg's Chief Economist, Schmieding, has expressed concerns that the European Central Bank's (ECB) potential decision to raise interest rates to combat inflation could be a significant mistake, potentially pushing Europe into a recession. According to Jin10, Schmieding highlighted that Europe's three major economies—Germany, France, and Italy—have already been weakened by recent surges in energy costs, leading to a stagflation environment. However, the latest PMI data indicates that employment and demand drivers are weakening, suggesting that demand destruction will 'self-resolve' the inflation issue within stagflation. Consumers will likely have to cut spending in other areas to cope with higher energy costs, reducing the need for aggressive tightening policies. Schmieding stated, 'It is important to distinguish between what central banks are likely to do and what is truly the right course of action. My sense is that the ECB will make a significant mistake... If the ECB raises rates in June—and it seems they are determined to do so—it will exacerbate economic difficulties. If they continue to raise rates thereafter, it may not lead to stagflation but rather a mild recession.'

Those two pizzas, for the first time, soldered a piece of digital code into the physical world. From that moment on, Bitcoin was no longer just a toy that miners gave to each other.

JPMorgan is rolling out AI tools across its global investment banking business to speed up work, improve client materials and help staff analyse information faster. The bank also expects to hire more AI specialists and fewer traditional bankers, as part of a wider shift across major banks using AI and reviewing workforce needs.

The China Securities Regulatory Commission (CSRC) and eight other departments jointly issued a notice on the "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities, Futures and Fund Operations." (Jinse Finance)

China’s GigaAI has launched its SeeLight S1 humanoid robot designed to carry out household chores like cooking, laundry and cleaning using AI that can plan tasks on its own. The robot will first be tested in employee housing and Wuhan homes from 2027, as companies race to overcome safety, cost and data challenges before bringing humanoid robots into everyday households.

Eight departments jointly issued the "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities, Futures and Fund Operations." The plan focuses on eliminating illegal cross-border securities, futures and fund operations.

Artificial Intelligence, Web 3.0, New Paradigm and Investment Logic in the AI ​​+ Web3 Era (Jinse Finance): The entire AI industry is actually still in a very early stage.

Syndicate Labs is shutting down after demand for Ethereum rollup infrastructure weakened and fewer new blockchain networks entered the market.

The capital market's attention was immediately drawn to two extreme figures for SpaceX: on one hand, the reality of an annual loss of $4.9 billion, and on the other hand, a sky-high valuation of $2 trillion.

Artificial Intelligence, OpenAI, Anthropic, IPO, OpenAI "earns one dollar but loses one dollar and two cents," Anthropic has already started making money. Golden Finance, how to choose between the two?