Indian jewelry stocks experienced a decline after Prime Minister Narendra Modi urged citizens to refrain from purchasing gold for at least a year. Bloomberg posted on X, highlighting the unexpected nature of this appeal in a nation where gold is integral to savings, weddings, and religious festivals. Modi's request comes as part of broader economic measures, aiming to stabilize the country's financial landscape. The appeal has sparked discussions among investors and the public, given the cultural and economic significance of gold in India.

Binance has released its May proof of reserve update. As of May 1st, users' net BTC balance stood at 606,742.388 BTC, while Binance's wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%.Additionally, users' net ETH balance was 3,762,321.834 ETH, with Binance's wallet balance at 3,762,328.82 ETH, giving an ETH reserve ratio of 100%. The USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.

According to PANews, while there is no shortage of tools for issuing tokens in the market, there is a significant demand for talented developers who can design effective token mechanisms.

Vitalik Buterin has published a research article on May 10, advocating for a shift in crypto payments from pseudonymity to default privacy. According to ChainCatcher, Buterin proposes replacing standard transactions with zero-knowledge proof (ZK) transactions, allowing users to validate payments without revealing their full balance or transaction history. Buterin highlights the importance of privacy in the era of autonomous AI agents, which need to pay for services like LLM API fees without leaving traceable marks. He suggests using recursive SNARKs and ZK API credits to enable Ethereum Layer 2 to handle privacy payments with the same speed and cost as transparent transactions. The proposal includes mechanisms for selective disclosure and innocence proof, allowing users to provide specific evidence to compliance agencies or tax authorities without public data exposure, addressing anti-money laundering regulatory requirements. Buterin believes that the public transparency of blockchain is a major barrier to crypto payments replacing traditional payments, and the ZK payment standard aims to make privacy a default feature.

PANews posted on X (formerly Twitter). According to the latest data from OpenRouter, Anthropic has achieved the highest share of token usage on the platform without offering model usage subsidies. This statistic is based on token consumption generated by actual API calls, primarily covering the Claude series models.

Hungary's newly appointed foreign minister has announced a shift in the country's approach to European Union policy, stating that Hungary will cease using its veto power as a tool for blackmail. Bloomberg posted on X, highlighting this significant change in Hungary's diplomatic stance. This move marks a departure from previous practices where Hungary frequently exercised its veto to influence EU decisions. The foreign minister emphasized a commitment to fostering more cooperative relations within the EU framework. This development is expected to impact Hungary's interactions with other EU member states, potentially leading to more harmonious policy negotiations and decision-making processes within the union.

Galaxy Digital has highlighted that seven Democratic members may play a crucial role in determining the advancement of the U.S. CLARITY Act during a Senate Banking Committee markup and vote scheduled for May 14. According to NS3.AI, the committee comprises 13 Republicans and 11 Democrats, and the bill requires a minimum of 60 votes to pass on the Senate floor.

Imagine you have a robot, and you give it your car keys to pick up your child from kindergarten. If you can confidently give it the keys and wait for it to return, you've already crossed the line of trust.

Alphabet briefly overtook Nvidia in market value during trading as strong AI-driven gains pushed it close to the top of global tech rankings, before slipping back below Nvidia by the end of the week.

AI ethics has become a battleground for real-money commercial competition and ideological struggle.

Just days after Michael Saylor surprised investors by suggesting Strategy could periodically sell Bitcoin to fund shareholder dividends, CEO Phong Le is now attempting to calm market fears by clarifying that any future BTC sales will remain limited, strategic and financially disciplined.

AI is a double-edged sword: short-term prosperity, long-term differentiation. How technological revolutions are reshaping the economy and society.

Asian stocks are rallying, driven by the AI ​​wave, with Morgan Stanley forecasting that Asian fixed investment will rise from $11 trillion in 2025 to $16 trillion in 2030. The core drivers encompass three main areas: AI infrastructure, energy security, and defense spending.

The real cash flow generated by artificial intelligence makes it difficult to simply categorize this market boom as just another bubble, and Bitcoin may take advantage of this market resilience.

Trump Media & Technology Group posted a staggering $405.9 million net loss in Q1 2026, as the company’s aggressive Bitcoin accumulation strategy unraveled following a sharp downturn in crypto markets.

Artificial intelligence, AI agents, AI is an amplifier of capabilities. Ordinary people will only become more mediocre. Golden Finance: This is a story of species crushing species, not a story of tools helping their masters.

Marlon Ferro, a 20-year-old from California, was sentenced to more than six years in prison for helping steal over $250 million in cryptocurrency through hacking, scams, and home break-ins. US prosecutors said the group targeted wealthy crypto holders, stole hardware wallets, and spent the stolen money on luxury goods, travel, and nightclub parties.