Gate Insights and Crypto Market Analysis

Goldman Sachs CEO David Solomon published a commentary article in The New York Times in May, saying that concerns about AI causing large-scale job displacement are being exaggerated, citing internal Goldman analysis: AI could automate about 25% of existing job hours within the next 10 years, while also confirming that since 2022, U.S. data center construction has already created more than 200,000 construction-industry jobs. Confirmed job impact data: happened vs. expected Confirmed impact data:

Pope Leo XIV (the first U.S.-born pope in Catholic Church history) officially released his first encyclical, “Magnifica Humanitas” (“Great Humaneness”), at the Vatican on May 25, claiming that irreversible lethal decisions should be entrusted to AI systems that are “unacceptable,” and calling on AI developers to work for the public interest rather than for profit. Key Claims of the Encyclical: AI Regulation, Transparency, and the “Just War” Theory Leo XIV wrote clearly: “Talking abstractly about

Huawei board director and head of the semiconductor business unit He Tingbo, on May 26, at the IEEE Circuits and Systems International Symposium, unveiled the “Tau (τ) Scaling Law” and the “LogicFolding” chip architecture, claiming that it can achieve a 55% improvement in transistor density and a 41% improvement in power efficiency without relying on EUV extreme ultraviolet lithography equipment; the target is to reach a transistor density equivalent to a 1.4nm process by 2031. Technical logic o

The Wall Street Journal (WSJ) published an analysis on May 26 stating that, although the GENIUS Act has been signed into law and the CLARITY Act is under review in the U.S. Senate, the nature of stablecoins still remains a form of “private money,” which could pose structural risks to the financial system. Chainalysis data shows that stablecoins account for 84% of illicit cryptocurrency activity (mainly involving sanctions evasion and money laundering). WSJ’s core analysis: stablecoins lack the “

According to CoinTelegraph on May 26, Ledger added native support for the $ADI token on the ADI Chain network, allowing users to self-custody via Ledger hardware wallets and ADI’s hardware signing devices. International Holding Company (IHC) has completed a transaction of 110 million dirhams on this chain. Global Non-USD Stablecoin Market Landscape: Confirmed Scale Data Ledger’s support for ADI Chain comes amid an accelerating evolution of the stablecoin market structure worldwide. According to

Pi Network enabled protocol upgrade 24.1 in May, requiring all node operators to complete the migration from v23.0 to v24.1 before the June 2 deadline; nodes that miss the deadline may be disconnected from the Pi mainnet, and will need to fully resync from scratch to rejoin the network. v24.1 Upgrade Operation Guide: Three Confirmed Methods Method 1 (primary method): For Docker users, update the image version in docker-compose.yml to: pinetwork/pi-node-docker:organizationmainnet-v1.0-p24.1.0, th

Nathan Allman, founder and CEO of Ondo Finance, has passed away unexpectedly, the company announced on Monday. Ondo, a major blockchain firm focused on tokenized real-world assets, confirmed the news on social media platform X. The cause of death has not been disclosed. Ondo stated: "It is with

On May 26, on-chain analyst Yu Jin monitored that the sell-off from addresses associated with the ESPORTS (Yooldo Games token) project totaled 253 million ESPORTS tokens, cashing out 17.29 million USDT. This amount accounts for 28% of the total supply of ESPORTS tokens. The ESPORTS price crashed 95% to $0.035, with market value evaporating by over $100 million in 24 hours. Sell-off Details: Timeline, Scale, and BNB Conversion Path According to Yu Jin’s monitored data, the sell-off was split into

Arc is Circle’s stablecoin-native Layer-1, announcing a prediction market blueprint focused on stablecoin execution, built-in foreign exchange, deterministic settlement, and compliant work processes. The mainnet is expected to launch in 2026, and the testnet has processed 150 million transactions. It addresses four major constraints: USDC gas, cross-currency settlement, localized UX, and auditable compliance mechanisms.

According to Cripto Noticias on May 26, Zonda Bitcoin Capital has begun using the stock ticker ZOND in its company publications and communications, with the aim of positioning itself as the first publicly traded bitcoin treasury company in Argentina. As of May 25, the company’s ticker on the Buenos Aires Stock Exchange was still HULI; the ZOND ticker has not yet been registered with BYMA. ZOND Ticker Status: The official ticker is still HULI, pending BYMA and CNV approval Zonda Bitcoin Capital h

According to CoinTelegraph on May 26, citing Follow the Crypto on X, a crypto-related political action committee (PAC) and industry executives have投入 more than $500 million into the 2026 U.S. elections: crypto-related companies and associated individuals have contributed over $320 million, which is 11 times more than what has gone to the Democratic Party, funding the Republican Party. Partisan breakdown of the funding: three confirmed layers of data At the level of corporate and executive donati

Bitcoin (BTC) is sluggish in the short term and fell, temporarily around $76,840 on May 26. Hyperliquid announced support for prediction markets based on off-chain event outcome. Squid’s third-party Gnosis Safe module was used to steal approximately $3.2 million from 86 Safes on Ethereum and Base. Squid clarified that it neither built nor deployed the contract, and the core protocol is not affected. Macro Events & Crypto Highlights 1、According to an official announcement, Hyperliquid now support

Robert Kiyosaki warned that Iran’s yuan-based oil payments could intensify pressure on the U.S. dollar. His comments cited Ray Dalio’s petrodollar analysis and reports involving Strait of Hormuz traffic. Key Takeaways: Robert Kiyosaki connected Iran’s yuan oil payments to renewed concerns

Ondo Finance announced on X on May 26 that its founder, Nathan Allman, has unexpectedly passed away, without disclosing the cause of death in its statement. Ian De Bode, who has served as Ondo’s longtime CEO, confirmed that he will take over as CEO. Ondo Finance said: “Nate’s talent, humility, and drive have shaped every aspect of Ondo as it is today.” Official Statement from Ondo Finance: Unexpected Passing and CEO Succession Confirmed Ondo Finance’s statement in full reads: “With profound sadn

Opening Squid, a cross-chain infrastructure company, completed a $6 million funding round led by North Island Ventures with participation from Ripple, Axelar, Ledger, Polymer, Enso, and Peanut as angel investors. The announcement was made on the 26th. Squid has connected over 100 blockchain

On May 25, The Defiant reported that Kohaku Initiative, an Ethereum Foundation subsidiary, released an SDK that allows developers to seamlessly integrate shielded pool protocols such as RAILGUN, Tornado Cash, and Privacy Pools into Ethereum wallet interfaces without relying on intermediaries. The latest version confirmed that the ERC-4337 mempool relayer has entered operation. Technical significance of the 4337 mempool relayer: eliminating reliance on centralized relayers ERC-4337 (account abstr

Bitcoin fell below $77,000 on May 26, temporarily at about $76,646. A U.S. Central Command spokesperson, Tim Hawkins, confirmed on May 25 that U.S. forces launched a “self-defense strike” in Iran’s southern region that day, destroying two Islamic Revolutionary Guard Corps (IRGC) ships attempting to lay mines in the Strait of Hormuz, and striking an air-defense missile site in Bandar Abbas. CENTCOM Strike Confirmation: Target, Results, and Ceasefire Status According to CENTCOM’s announcement, the

Investigators at Soclet have discovered a new supply attack targeting crypto developers using npm, PyPI, and Crates.io packages. The campaign, dubbed Trapdoor, focuses on stealing crypto wallet keys and other secrets from developers in the crypto space. Key Takeaways: On May 22, Socket found T