Illicit $8B crypto market Xinbi incorporated in Colorado: Elliptic

A Colorado-incorporated firm has been linked to a Chinese illicit marketplace that has served scammers in Southeast Asia and has been used to channel billions of dollars worth of crypto. The marketplace, called Xinbi Guarantee, has received $8.4 billion, primarily in Tether (USDT) stablecoin transactions to date, blockchain security firm Elliptic reported on May 13.  … Read more

20 BDAG Daily with BlockDAG’s X1 App

BlockDAG’s X1 Mining Is Transforming Mobile Mining, 20 BDAG Daily With No Rig or Tech Barriers Crypto mining is getting easier and more accessible. BlockDAG’s X1 mobile app now allows users to earn BDAG coins straight from their phones. There’s no need for mining rigs or extra equipment. The app is live on Android and … Read more

Bidding Begins on Ross Ulbricht’s Pre-Arrest and Prison Mementos as He Embarks on New Chapter

On May 13, Ross Ulbricht, the creator of the Silk Road marketplace, revealed his departure from Arizona, setting off on an undisclosed journey. In a striking move, Ulbricht disclosed plans to auction off select personal belongings—artifacts from his life before incarceration and mementos from his years behind bars. Turning the Page Ulbricht, who was fully … Read more

Former SEC Chair’s Private Crypto Stance Unveiled

Key Points: Gary Gensler’s private crypto stance differs publicly, per McHenry. Revealed during an interview with BlockBeats News. Impacts crypto regulation strategies in the U.S. Patrick McHenry disclosed that ex-SEC Chair Gary Gensler’s private attitude towards cryptocurrency differed from public stands during an interview on May 14, 2025. This revelation suggests political dynamics often shape … Read more

Thailand Boosts Economy with G-Token Launch

Thailand is on the verge of an economic innovation by launching a noteworthy financial initiative involving the issuance of G-tokens valued at $150 million. This strategic move aims to amplify the contribution of cryptocurrency assets to economic development, echoing a growing global trend as countries increasingly embrace crypto solutions. The country’s finance minister shared this … Read more

The Rise of Reasoning AI Agents

Alvin Lang May 13, 2025 16:12 Discover how reasoning AI agents, powered by advanced models like NVIDIA’s Llama Nemotron, are transforming high-stakes decision-making across industries such as healthcare, finance, and logistics. Reasoning AI agents, enhanced by advanced models such as NVIDIA’s Llama Nemotron, are reshaping high-stakes decision-making across various sectors. These agents, leveraging large language … Read more

Trump Administration Revokes Biden-Era AI Semiconductor Export Controls

Key Points: Key Point 1 Key Point 2 Key Point 3 The Trump administration announced plans to repeal the Biden-era AI semiconductor export controls on May 14th. This policy shift is spearheaded by Jeffery Kessler from the U.S. Department of Commerce. This move alters regulatory landscapes for tech giants while potentially reshaping infrastructure within AI … Read more

Ark Invest Applauds as Coinbase Pulls Index Managers Deep Into Crypto Territory

Coinbase’s S&P 500 debut forces index managers to buy in, validating Ark’s bold, research-driven bet and catapulting crypto into Wall Street’s financial mainstream. Ark Invest to Index Funds: You Can’t Ignore Coinbase Anymore Cathie Wood, chief executive of Ark Investment Management (Ark Invest), clarified her stance on crypto exchange Coinbase (Nasdaq: COIN) following its inclusion … Read more

Trump to Announce Trade Agreement Post-Middle East Visit

Key Points: Trump plans to reveal a new trade agreement with global partners. Kudlow confirms 20-25 agreements currently on the negotiation table. Analysts project positive market reactions, especially for U.S. equities. Trump to Announce Trade Agreement Post-Middle East Visit President Donald Trump will announce a new trade agreement following his return from a Middle East … Read more