A powerful Senate committee has endorsed legislation aimed at preventing minors from using chatbots developed by companies like OpenAI and Meta. Bloomberg posted on X, highlighting the growing public concern over the potential harm AI poses to children and teenagers. The proposed legislation reflects increasing scrutiny and calls for regulation in the AI industry to safeguard younger users from potential risks associated with artificial intelligence technologies.

The U.S. Air Force has agreed to purchase a batch of interceptor drones from a company supported by U.S. President Donald Trump's son, though the quantity remains unspecified. According to Odaily, this decision comes as the U.S.-Iran conflict enters its third month, further strengthening ties between the U.S. military and defense contractors associated with the Trump family. Powerus co-founder Velikovich stated that the company will sell these drones to the Pentagon following a demonstration in Arizona. This marks Powerus's first contract to supply such weapons to the U.S. military. The company has not disclosed the terms or scale of the deal, but such transactions are common when the military evaluates new weapon systems. The move aligns with the U.S. strategy to counter Iranian attack drones using cost-effective interceptor drones instead of expensive missiles. Reports indicate that the U.S. military has already deployed 10,000 AI-equipped Merops interceptor drones, developed in Ukraine, to the Middle East.

According to Bubblemaps, during Megaether's token generation event on April 30, a total of 8,360 addresses received MEGA tokens. According to NS3.AI, half of these addresses have retained their tokens, while 40% have sold their entire allocation. Additionally, 10% of the addresses have partially sold their holdings.

The U.S. Air Force has agreed to purchase an undisclosed number of interceptor drones from a company backed by President Trump's son. This move deepens the ties between the U.S. military and defense contractors affiliated with the Trump family as the war enters its third month. Powerus co-founder Veljkovic stated that the company will sell the drones to the Pentagon after a demonstration in Arizona, marking Powerus's first contract to sell such weapons to the U.S. military. The company declined to disclose the terms or size, but such deals are common for the military when evaluating new weapon systems. This move aligns with the U.S. strategy of countering Iranian attack drones with inexpensive interceptor drones, rather than expensive missiles. Reports indicate that the U.S. military has already deployed 10,000 AI-powered Merops interceptor drones, developed in Ukraine, to the Middle East. (Bloomberg)

The debate surrounding Strategy's financing model of continuously increasing its Bitcoin holdings through preferred stock STRC continues to widen. In a recent report, Benchmark analyst Mark Palmer stated that the interpretation of the STRC model as a "circular financing or Ponzi scheme" is a "serious misinterpretation," emphasizing that the mechanism is an "intentionally designed and sustainable capital framework" whose core logic is to translate market demand for returns into long-term Bitcoin exposure. According to SEC 8-K filings, Strategy raised approximately $3.5 billion in the first three weeks of April, with over 85% coming from STRC issuance. In the following three weeks, it purchased a total of 51,364 Bitcoins in three separate transactions, worth approximately $3.9 billion. Currently, Strategy's Bitcoin holdings have increased to 818,334, with a market capitalization of approximately $62.5 billion, and have recently returned to a floating profit of approximately $700 million. Benchmark believes that this structure does not rely on continuous issuance to operate and could even pay preferred stock dividends if necessary by selling a portion of the Bitcoin. However, significant skepticism remains in the market, with some arguing that selling off leveraged assets to pay dividends could be seen as a risk signal, triggering broader market pressure. (The Block)

Elon Musk, during a court hearing related to his lawsuit with OpenAI, stated that while some cryptocurrencies hold value, the majority are scams. According to Odaily, this comment was made during cross-examination at the Oakland, California court, where the case involved OpenAI's early consideration of raising funds through an Initial Coin Offering (ICO). Reports indicate that Musk highlighted the speculative and fraudulent activities prevalent in the crypto asset sector, drawing significant market attention. Musk's stance on the cryptocurrency market has been notably volatile. In 2021, during the bull market, he influenced Tesla to purchase approximately $1.5 billion in Bitcoin and frequently mentioned Dogecoin, causing significant price surges in related assets. However, in 2022, Tesla reduced its Bitcoin holdings by 75% and recorded an impairment of about $222 million on the remaining holdings in the first quarter of 2026. As per the latest financial report, Tesla still holds approximately 11,509 Bitcoins, with a book value of around $786 million.

During his lawsuit against OpenAI, Elon Musk stated that "some cryptocurrencies have value, but most are scams." This statement came during cross-examination in an Oakland, California court, when the case concerned OpenAI's early plans to raise funds through an ICO (Initial Coin Offering). Musk reportedly pointed out in court that there is a lot of speculation and fraud in the crypto asset space, drawing market attention. It's worth noting that Musk's attitude towards the crypto market has fluctuated significantly over the years: during the 2021 bull market, he pushed Tesla to purchase approximately $1.5 billion worth of Bitcoin and repeatedly mentioned Dogecoin publicly, driving a significant increase in the price of related assets. However, Tesla reduced its Bitcoin holdings by 75% in 2022 and recorded an impairment loss of approximately $222 million on the remaining holdings in the first quarter of 2026. As of the latest financial report, it still holds approximately 11,509 Bitcoins, with a book value of approximately $786 million. (Fortune)

European Central Bank (ECB) policymakers are expected to increase interest rates at their upcoming meeting in June. Bloomberg posted on X that this decision hinges on the absence of positive developments regarding energy prices and the resolution of the Iran war. The ECB's stance reflects ongoing concerns about inflationary pressures driven by energy costs and geopolitical tensions. The central bank aims to address these challenges through monetary policy adjustments, with the potential rate hike being a key measure under consideration.

Kelp has announced the completion of its funding commitment to the 'DeFi United' recovery fund, contributing a total of 2,000 ETH. According to Odaily, this investment aims to facilitate the restoration of rsETH collateral assets and the normalization of the system. Kelp stated that the contribution is a one-time investment, directly allocated to restoring the nominal exchange rate of rsETH with its underlying assets. It will also support the comprehensive repair of the system, including recapitalizing bridge vaults, restoring oracle functions, and addressing funding gaps in affected markets. Kelp emphasized that prior to the public announcement, it had assured rsETH holders that they would not incur losses, and this action is a direct fulfillment of that promise. As funds from various parties are gradually secured, the rsETH collateral structure will be restored to normal operation in phases.

The White House National Economic Council Director, Kevin Hassett, announced plans to potentially increase U.S. oil production. According to Odaily, Hassett emphasized ongoing communication with oil companies to explore ways to boost domestic production.

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