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CryptoWorld News reports that River Exchange founder Alex stated that if Apple had invested 2% of its corporate funds in Bitcoin (BTC) over the past six years, it would have beaten inflation. He also pointed out that cash is like a melting ice cube.

A large illegal cryptocurrency mining farm was uncovered in Nizhny Tagil and the nearby Kushva District of Sverdlovsk Oblast, Russia. Hidden in an abandoned industrial park, it had deployed about 10,000 mining rigs. The FSB, the police, and a power company jointly carried out the crackdown, and three suspects have been placed under house arrest and are being investigated. The mining operation had been using electricity in violation of regulations for a long time, resulting in losses of nearly 1 billion rubles (about $12.7 million). Investigators found that it had accessed the power grid through intermediaries and tampered with electricity meters, with actual electricity consumption about twice the approved quota. Those involved could face up to 5 years in prison.

Crypto World Network midday report, the largest opening addresses for Hyperliquid's top trading volume assets are all long positions, with bullish sentiment dominating.
BTC40x: $13.4 million, average price $70,948, liquidation price $68,491;
ETH25x: $12 million, average price $2,002, liquidation price $1,901;
HYPE10x: $20.1 million, average price $73.4, liquidation price $68.18;
XYZ10020x: $10.01 million, average price $30,286.6, liquidation price $29,258.5;
NVDA3x: $21.76 million, average price $223.7, liquidation price $105.9.

ME News, June 1 (UTC+8): U.S. stocks have risen for nine straight weeks, setting the longest winning streak in 40 years—surging 20% in one go. The AI frenzy continues; geopolitical risks cool off; market sentiment is fully charged. Everyone feels like this time is different.
But just then, Bank of America’s chief strategist Hartnett sounded the alarm: this could be the largest bubble in human history since the railroad bubble of the 19th century.
The bull-bear indicator climbs to 8.5. Historically, every time it reaches this level, over the next two or three months U.S. stocks tend to fall an average of 2% to 3%, and in the worst cases, they can drop as much as 20%.
However, no one is cashing out early. Everyone is waiting for June’s showdown: whether SpaceX can land smoothly, how the new Federal Reserve Chair’s first move will be set alight, and whether the Strait of Hormuz will open or turn into war.
The bulls are betting big—betting that these negative factors can be turned into safety and opportunity.
But on the poker table in June, not only are there tempting...

AIMPACT news, May 17 (UTC+8), OpenAI acquired AI voice cloning tool developer Weights.GG in January of this year. About six employees joined OpenAI, and the company obtained the intellectual property rights of the startup, but there are no product integration plans. Weights.GG had previously raised $4 million in funding, with investors including Kleiner

ME News reports on May 30 that the Bitcoin treasury market is dividing into two factions: companies with genuine financial strategies and companies focused on publicity. BSTR states that if the latter cannot create value through low-cost leverage, investors will turn to ETFs and others. BitcoinTreasuries data shows that approximately 198 companies worldwide hold 1.25 million bitcoins, Nakamoto's stock price has fallen over 67% this year, it has completed a reverse stock split, and has been warned of delisting risks.

Crypto界报道，Kalshi files a federal lawsuit against Minnesota, aiming to block the prediction market ban that takes effect on August 1. The bill SF 3432 will make operating event contract platforms a felony. The complaint names the Attorney General, the Governor, and the Director of the Alcohol and Gambling Enforcement Division, claiming that the Commodity Exchange Act has exclusive jurisdiction over event contracts, and that state law prohibiting federal market activities constitutes an illegal deprivation. Kalshi requests declaratory and injunctive relief to prevent enforcement before it takes effect.

AIMPACT announced on May 16 that the adoption rate of generative AI by legal teams has surged from 44% to 87% by 2026.
The legal industry is applying Claude to core processes such as contract review, M&A due diligence, and litigation preparation, and improving efficiency through multiple products: Chat for instant research, Claude Cowork for cross-document collaboration, Microsoft 365 plugin for office integration, and Platform supporting custom application development.
Anthropic simultaneously released a legal industry deployment guide, covering a product matrix, 12 pre-configured business domain plugins, and a three-phase implementation roadmap, as well as addressing key issues such as data hosting and access control.

Arthur Hayes stated during the "The Rollup" podcast on May 22nd that currently, the only thing rising in the global capital markets is AI stocks, while other sectors are basically completely stalled. He analyzed three underlying reasons: consumer unemployment leading to demand contraction, AI giants absorbing all available global credit, and governments prioritizing AI capital expenditure, which compresses financing space for other industries. Hayes straightforwardly said this is not a "rising tide lifts all boats" bull market; in crypto, only a few tokens are strong, making it a tough period for most people.

Wu Xian reports that Aztec Labs announced the acquisition of Obsidion—the team behind the privacy identity verification protocol ZKPassport. The deal terms were not disclosed. Obsidion co-founders Michael Elliot and Theo Madzou, along with their team, will join Aztec Labs to continue developing ZKPassport and expand into new consumer-grade product directions. Aztec Labs said it will continue to keep the ZKPassport protocol and its iOS app open source. Relevant proofs can be generated in browsers and on mobile devices, verified on the server side in non-blockchain scenarios, or verified on Aztec Network, Ethereum, and any EVM chain.

OpenAI's leading AI safety policy director Yo Shavit has resigned, moving to a non-profit foundation to lead the AI resilience project headed by Wojciech Zaremba. A week ago, Bianca Martin also switched to the foundation. The two have long led security and governance for OpenAI's commercial entities. Shavit stated that before the arrival of superintelligence, the tasks are heavy and time is tight, calling for more safety talent to immediately shift. The foundation is becoming a new hub for safety research, with Martin having participated in deploying manuals and the GPT-3 researcher access program.

CryptoWorld News reports that the new short position for WLD is 2,569,739 tokens, opened at a price of $0.36, with the current price at $0.39, and a liquidation price of $9.27, with a position size of approximately $1,007,723.15. This address shorted ZEC starting at $184, previously with an unrealized loss of $21 million, later turned profitable, and recently became the largest long position in the S&P 500, with a scale exceeding $70 million.