Crypto Industry News & Market Trends

Michael Burry Warns of “Cyberpunk Future” Amid AI Layoffs

Over 85,000 tech jobs were cut in 2026, a 33% increase compared to the same period last year.Michael Burry warns society is heading toward a Snow Crash cyberpunk dystopian future.Meta moves thousands of workers into AI roles as Zuckerberg says success is not guaranteed.　　Technology companies are cutting jobs at a rapidly increasing pace as artificial intelligence reshapes the industry, and famous investor Michael Burry appears deeply concerned about where things may be heading.　　According to employment firm Challenger, Gray & Christmas, more than 85,000 jobs have already been eliminated across the tech sector in 2026, marking a 33% increase compared to the same period last year.　　Meta recently began another round of layoffs affecting roughly 8,000 employees, or about 10% of its workforce. Meanwhile, Intuit announced plans to reduce around 3,000 jobs globally as it increases its focus on AI-driven operations.　　Meta CEO Mark Zuckerberg reportedly told employees that “success isnt guaranteed” in the AI era, even as the company aggressively expands its artificial intelligence efforts.　　AI Is Reshaping Corporate Hiring　　While companies continue reducing headcount in traditional roles, many are simultaneously shifting resources toward AI development and automation. Meta is reportedly moving thousands of workers into AI-related positions as the company restructures internal teams

05-26Industry

Spain Polymarket Kalshi ban: temporary shutdown ordered

Spains move against two of the biggest names in event trading has landed with a thud across the industry. In a fresh regulatory jolt, the Spain Polymarket Kalshi ban temporarily shuts both platforms out of the market, putting prediction markets squarely in the crosshairs of gambling law rather than treating them like just another internet financial product.　　The action was formally published in Spains official government bulletin on Tuesday, May 26, giving the crackdown a clear legal marker and signaling that this was more than a warning shot. For traders, crypto watchers, and regulators across Europe, the message is simple: if users are wagering money on uncertain outcomes, Spain is prepared to regulate that activity as gambling.　　That matters because Polymarket and Kalshi sit at the center of a fast-growing category that mixes speculation, politics, sports, economics, and crypto into one frictionless online experience. What looks to some users like market-based forecasting now faces a tougher question from regulators: is it really investing, or is it betting？　　Spain orders a temporary shutdown on Polymarket and Kalshi　　Spanish regulators imposed a temporary shutdown on Polymarket and Kalshi over their failure to obtain mandatory gambling permits.　　The prohibition was published in Spain‘s official government bulletin on Tuesday,

05-26Industry

ATOM Price Prediction: $2.30 Resistance Test or $1.92 Support Break Within Days

Market Context: ATOMs Critical Position　　Cosmos has established a defined trading range between $2.00 and $2.19, with price action suggesting institutional accumulation rather than retail speculation. The token sits above key moving averages while maintaining elevated trading volumes that indicate serious positioning by larger market participants.　　Current price levels represent a convergence of multiple timeframes, where short-term resistance meets longer-term support structures. This technical setup typically precedes significant directional moves as the market resolves the underlying supply and demand imbalance that has kept ATOM range-bound.　　Technical Indicator Convergence　　Multiple momentum indicators are approaching decision points simultaneously. The Relative Strength Index shows buyers remain engaged without reaching overbought territory, while moving average convergence divergence patterns suggest momentum is building beneath the surface. Blockchain.news technical analysis indicates these conditions often precede volatile price movements.　　Bollinger Bands have contracted around current price levels, creating a squeeze formation that historically leads to expansion phases. The combination of tightening volatility bands and neutral momentum readings creates an environment where small catalysts can trigger large moves in either direction.　　Price Target Analysis　　The immediate resistance zone sits at $2.23, representing the first hurdle for any bullish continuation. A clean break above this level opens the path toward $2.30, where more substantial selling pressure

05-26Industry

Ex-Hodlnaut CEO faces 6 fraud charges over Terra claims

Those statements allegedly said Hodlnaut had no direct exposure to UST and did not suffer losses from the crash. Police also said Zhu published three similar posts on his personal Twitter account, now X, in June 2022.　　Hodlnauts 2022 collapse returns to focus　　Hodlnaut allowed users to deposit digital tokens and earn interest. Police said the platform had more than 30,000 users worldwide before it became defunct in August 2022 following financial difficulties.　　As previously reported by crypto.news, Singapore police had been looking into Hodlnaut since 2022 over fraud and deception claims tied to Terra/Luna exposure. That report said previous sources claimed Hodlnaut lost close to $190 million from the UST meltdown and had about $18.5 million parked at FTX.　　Hodlnaut‘s financial stress had already reached Singapore’s courts in August 2022. As crypto.news reported, the lender applied for judicial management after halting withdrawals, seeking court protection while it tried to handle a liquidity crisis.　　Judicial management gave the company temporary protection from creditor claims. The move came during a wider crypto lending crisis after Terras collapse, which also hit several firms across the digital asset market.　　Singapore keeps pressure on crypto firms　　If convicted, Zhu faces up to 20 years in prison, a fine, or both, for

05-26Industry

Pope Leo and ECB Raise Alarm Over AI Threats to Global Financial Systems

Pope Leo has warned about threats posed by AI systems that are beyond human reach.The ECB has summoned banks to a meeting over the threat posed by AI systems.Mythos exposed cybersecurity weaknesses in browsers and operating systems.　　The propagation of artificial intelligence (AI) across various sectors of cyberspace is becoming an issue of particular concern, especially when it is associated with risks. On Monday, Pope Leo, the current head of the catholic church and sovereign of Vatican City, raised concerns over the ongoing trend.　　Some AI Systems Are Beyond Human Control　　In his comments, the Pope warned that some autonomous systems are “practically beyond any human reach” to control. He noted that the Catholic Church intends to work with AI developers to discuss how best to use the technology, citing that humans should maintain key control of AI systems.　　The timing of the Pope‘s warning about the risks surrounding autonomous systems aligned with the European Central Bank’s (ECB) summons to banks under its jurisdiction, calling for a meeting to discuss how to strengthen cyber security systems. According to reports, the meeting became necessary following the weaknesses in banking infrastructure that new AI models have exposed.　　Banks Need to Hurry　　Although the meeting has been scheduled for

05-26Industry

Dogecoin Price Prediction: DOGE Holds the Line at $0.1020

Dogecoin is sitting at a major support zone after pulling back from the top of its multi week channel. Analysts now point to the same key area, where the 50 day SMA, channel support, and a possible local bottom could decide DOGEs next move.　　Dogecoin Price Tests Major $0.1020 Support After Channel Pullback　　Dogecoin traded near a key support area after pulling back from the upper boundary of its multi-week price channel, according to a daily chart shared by Ali Charts on X.　　The chart shows DOGE retracing toward the $0.1020–$0.1027 area after losing momentum near the top of the channel. Ali Charts said this zone matters because it lines up with the channels mid-level and the 50-day SMA.　　Dogecoin Daily Chart. Source:　　DOGE recently touched the upper channel area near $0.1156 before moving lower. That level remains the main upside target if buyers defend the current support zone.　　The price is now testing the middle of the channel, where the chart marks support around $0.1027. This area also sits close to the 50-day simple moving average, which adds weight to the level.　　If Dogecoin holds above this zone, the chart points to a possible rebound toward $0.1156. That would bring DOGE back to the upper channel

05-26Industry

Phillies’ Former Pitcher At Center Of $340 Million Padres Superstar’s Lawsuit

Getty Images　　The Philadelphia Phillies are taking on the San Diego Padres as they look to get their turnaround under Don Mattingly back on the right path.　　The team initially surged under the new manager, but it has now lost two series in a row going into the three-game Padres set.　　And as the Phillies look for a series win in San Diego, they can hope that Padres superstar Fernando Tatis Jr. continues to struggle at the plate this season, particularly after he received a harsh update in a high-profile lawsuit.　　“San Diego Padres star Fernando Tatis Jr.‘s lawsuit against a talent prospector who fronted the then-18-year-old prospect $2 million in exchange for paying the firm 10 percent of his future earnings has been dismissed,” Dorian Hargrove reported for the Times of San Diego. “The star baseball player must now pay millions more to the firm, as well as attorney’s fees.”　　San Diego Padres Superstar Fernando Tatis Jr Receives Legal Setback Ahead Of Philadelphia Phillies Series　　Tatis was attempting to fight a 2017 agreement he made with Big League Advance, alleging that the firm preyed on him as a teenager in the Dominican Republic by encouraging him to sign the agreement. The Padres outfielder, who has

05-26Industry

Quanscient simulation platform funding: €10m Series A

Quanscient simulation platform funding has given the Finnish deep-tech company a much bigger runway. The Tampere-based startup has raised €10 million in a Series A round, with plans to push its cloud-based multiphysics simulation platform beyond its current footprint and deeper into global industrial markets.　　That matters because Quanscient is not pitching another generic software layer for engineers. Instead, it is trying to reshape how physical products are simulated at a time when AI is starting to influence design workflows, but still depends on high-quality physics data to work well.　　The round was led by Danish quantum fund 55 North and Austrian investor B it is also trying to become part of the data engine behind future hardware AI systems.　　Why speed and data matter in quantum AI simulation　　Quanscient says its simulations can run up to 100 times faster than incumbent tools. It also argues that hardware engineers often simplify their physics models because runtime budgets force them to trade depth for speed.　　That claim points to a bigger bottleneck in industrial AI. If engineers train models on simplified or incomplete physical data, the design systems built on top of that data may inherit those limits. Faster, richer simulation could make AI more useful

05-26Industry

Ethereum Price Roadmap For The Rest Of 2026: Bull, Base, And Bear Scenarios Unpacked

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.　　Ronaldos journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.　　Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.　　One of Ronaldos defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.　　Ronaldo‘s commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others,

05-26Industry

Trending memecoin under $0.003 projected to beat Dogecoin returns in 2026

Dogecoin price action by May 2026, with a post from Santiment attached, Source: Santiment　　CoinDesk further reported that Bitcoin topped $81,500 after this weeks spot ETF flows surpassed $500 million. That movement has revitalized hope across the entire crypto spectrum, including meme coins. Yes, plenty of traders see whale positioning around DOGE as indicative of a further bullish rally.　　While Dogecoin remains a leading meme asset, investors are also looking for lower-market-cap projects with stronger upside potential. This shift has brought Little Pepe into focus as one of the top meme tokens of 2026.　　Little Pepe presale attracting top crypto investors　　Little Pepe has seen a massive surge in its presale after raising more than $28.18 million. The project is currently in Stage 13 with a token price of $0.0022 after previous stages sold out ahead of schedule. More than 16.98 billion tokens have already been sold, showing strong market demand from retail and early crypto investors.　　Analysts following the project believe LILPEPE could become one of the biggest memecoin stories of the next market cycle. Forecasts suggest a potential move to $0.4 during a full bull market, representing an approximately 17,800% increase from current levels. If achieved, this growth would place Little Pepe among

05-26Industry

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