Yann LeCun argues LLMs will drive real-world applications, but not human-level thinking

Tech  Yann LeCun argues LLMs will drive real-world applications, but not human-level thinking  Yann LeCun, Meta‘s chief AI scientist and one of the godfathers of deep learning, is making a nuanced argument that cuts against both AI hype and AI doomerism simultaneously. Large language models are commercially useful, he says. They’ll justify the billions being poured into GPU clusters and data centers. But the bubble isn‘t in the infrastructure spending. It’s in the belief that these models can think like humans.  The case for LLMs as utility, not oracle  LeCuns argument is straightforward once you strip away the academic jargon. LLMs are good at a growing list of practical tasks: coding assistance, enterprise search, document summarization, customer service automation. These applications generate real revenue and solve real problems. That makes the massive infrastructure buildout, the GPU farms and the power plants, a defensible investment.  LeCun draws an aggressive line in the sand about what these models fundamentally cannot do. Hes been arguing for years that next-token prediction, the core mechanism behind every major LLM from GPT-4 to Claude to Llama, is a “dead end” for achieving anything resembling genuine intelligence.  LLMs learn by consuming trillions of tokens of text. A child learns to understand the physical

05-17Industry

App days are numbered: The end state of software will be private, personal, verified, and AI agent-built

Tech  App days are numbered: The end state of software will be private, personal, verified, and AI agent-built  AI agents could end the app era by turning software into verified, user-built systems  AI agents may make running code written by strangers one of those behaviors that later generations struggle to process.  A society can normalize a risk for decades, then later reclassify it as reckless once a safer default becomes available.  Drinking before driving, riding without seatbelts, smoking indoors, and installing arbitrary binaries from the internet all belong to the same family of historical blind spots. The common feature is social permission.  The behavior persists when the alternative is costly, inconvenient, or technically unavailable. Once the safer path becomes cheap and routine, the old path begins to look irrational.  AI agent verification could replace software trust assumptions with attested execution paths, safer defaults, and user-controlled infrastructure.AI agents expose the weakness in the software trust model  Modern software still runs on a bargain that we rarely inspect. A developer, company, foundation, or anonymous maintainer writes code. A distribution channel packages it. A user, enterprise, or operating system runs it.  Security then becomes a layered attempt to manage the consequences of that decision.  Permissions, code signing, app stores, endpoint detection, sandboxing, vendor

05-17Industry

Over $205 Million in Crypto Tokens Set for Unlock Next Week

The crypto landscape is getting ready for a week full of token unlocks. Particularly, a total of $205M will be unlocked across the prominent DeFi projects. As per the data from DefiLlama and CryptoRank, the leading token unlocks of the upcoming week take into account Pyth, LayerZero, and Canton. Hence, these unlocks underscore the growing investor interest and the chances of notable growth ahead.  Upcoming Token Unlocks: Over $205M in Assets Unlocking Next Week  May 18–24, 2026$PYTH → $95.7M on May 20$ZRO → $33.3M on May 20$CC → $23.3M ongoing daily$TRUMP → $14.9M ongoing weekly$MBG → $8.32M on May 22$KAITO → $7.63M on May 20$GWEI → $7.24M on May 21$YZY →… pic.twitter.com/lpU3eZ0kLJ  — Top 7 Crypto | Analytics & Alpha (@top7ico) May 16, 2026  Pyth Dominates Next Weeks Top Token Unlocks with $95.7M Allocation  Pyth is the top among the top crypto unlocks of the upcoming week. In this respect, the project is going to unlock a total of $95.7M on the 20th of May. This amount accounts for a cumulative 2.13B $PYTH, equaling 21.3% share of the total supply. Subsequently, LayerZero has emerged as the 2nd top player in the crypto industry when it comes to the next weeks key token unlocks. Specifically, it

05-17Industry

BlackRock dumped over $650 million of these cryptocurrencies in a week

Finance  BlackRock dumped over $650 million of these cryptocurrencies in a week  BlackRocks cryptocurrency exchange-traded funds (ETFs) recorded more than $650 million in combined outflows over the past five trading days, coinciding with weakening sentiment across the market.  Specifically, BlackRocks iShares Bitcoin (BTC) Trust (IBIT) accounted for most of the withdrawals, posting total outflows of about $461.2 million between May 11 and May 15.  The steepest single-day decline came on May 13, when the fund lost $284.7 million, followed by another $136.2 million in outflows on May 15. Although IBIT briefly rebounded with $144.1 million in inflows on May 14, the overall weekly trend remained negative.  Ethereum (ETH)-focused products also faced heavy selling pressure during the same period. BlackRocks ETHA fund recorded cumulative outflows of $186.7 million, while ETHB saw an additional $6 million withdrawn, bringing combined Ethereum ETF outflows to roughly $192.7 million for the week.  The largest Ethereum ETF decline occurred on May 12, when ETHA alone posted $102 million in outflows, followed by another $50.4 million withdrawn on May 15.  While some Ethereum ETFs, including Fidelity‘s FETH and VanEck’s ETHV, posted modest inflows, they failed to offset the broader sector weakness. BlackRocks combined Bitcoin and Ethereum ETF outflows totaled about $653.9 million over the

05-17Industry

Firedancer Goes Live as Solana Targets Faster Trading

Tech  Firedancer Goes Live as Solana Targets Faster TradingFiredancer is now live on Solana mainnet, helping reduce congestion during heavy trading activity.Jump Crypto rebuilt Firedancer using trading system technology to improve Solanas network performance.Solana is expanding upgrades with quantum-resistant security and more efficient token processing.  Jump Crypto has begun running its long-awaited Firedancer validator on the Solana blockchain, a move aimed at improving the networks speed and stability after years of congestion and outage concerns.  The rollout comes as Solana handles growing activity from traders, developers, and financial firms seeking faster and more reliable blockchain infrastructure.  Firedancer is already producing blocks on Solanas mainnet after months of testing. “Firedancer is live and running in production,” Firedancer founding engineer Ritchie Patel said. “We have packed tens of millions of transactions over the last few months.”  The upgrade could help Solana handle heavy trading activity more smoothly while reducing the network congestion issues that previously disrupted major launches.  Firedancer Changes Solanas Core Infrastructure  Jump Crypto introduced Firedancer in 2022 after a series of Solana outages raised concerns about the networks reliability during periods of heavy trading activity. The project aimed not only to improve transaction speeds but also to reduce Solanas reliance on a single validator client maintained mainly

05-17Industry

SUI Price Prediction: Critical $1.20 Battle Decides $0.99 or $1.30 Target

SUIs Neutral Territory Dilemma  SUI finds itself trapped in technical purgatory at $1.07, where neither bulls nor bears can claim victory. The RSI reading of 51.76 reflects this indecision perfectly—sitting dead center between oversold and overbought territory. What makes this positioning particularly interesting is how the MACD histogram has flatlined completely at 0.0000, signaling that recent selling momentum has exhausted itself without triggering any meaningful buying response.  The Bollinger Band structure tells a compelling story about SUI‘s current predicament. With the token hovering around the middle band at $1.04 and positioned 0.55 on the band scale, there’s equal probability of movement toward either extreme. The upper band at $1.31 and lower band at $0.77 create a wide range that suggests the next directional move could be explosive. The compressed 24-hour trading range of $1.05-$1.16 further supports this coiled spring scenario.  This type of technical setup typically resolves within a week, according to Blockchain.news analysis of similar altcoin consolidation patterns.  Smart Money Positioning Despite Price Weakness  The derivatives market reveals a fascinating disconnect between price action and trader sentiment. Despite the 7.53% daily decline, open interest only dropped 6.26% to $119 million, suggesting position adjustments rather than mass exodus. More revealing is the funding rate sitting

05-17Industry

Hyperliquid Surges 23% as Bitwise Launches BHYP, ICE and CME Pressure CFTC

Tech  Hyperliquid Surges 23% as Bitwise Launches BHYP, ICE and CME Pressure CFTC  The decentralized exchange Hyperliquid is at the center of a regulatory clash after Intercontinental Exchange and CME Group reportedly urged the Commodity Futures Trading Commission to address concerns about market integrity on the platform. The Hyperliquid Policy Center publicly dismissed those objections on Friday, arguing the protocols open transaction record makes it hostile territory for insider trading or price manipulation. Singapore-based and operating without native know-your-customer requirements, the platform has generated $21.51 billion in notional Brent crude perpetual futures volume as energy-market volatility intensifies following the Iran conflict. The DEX continues to restrict users in the United States and Ontario.  Asset manager Bitwise launched a US-listed investment vehicle tied to Hyperliquid on Friday, expanding institutional access to the HYPE token through a fund trading on the New York Stock Exchange under the ticker BHYP. The product offers spot exposure to HYPE while staking a portion of its holdings through Bitwises in-house staking division. The sponsor fee is set at 0.34%, with a full waiver on the first $500 million in assets during its inaugural month. Hyperliquid, a derivatives-focused layer 1 blockchain, processed roughly $2.9 trillion in trading volume in 2025

05-17Industry

WLD Price Prediction: $0.19 Target as Bearish Momentum Accelerates Through Week-End

The Immediate Setup  Worldcoin is getting hammered right here. Down 5.12% in 24 hours with the price sitting at $0.24, we‘re seeing classic distribution patterns emerge. The momentum indicators are screaming weakness – RSI at 40.54 shows sellers gaining control while the MACD histogram sits dead flat at zero, indicating complete momentum exhaustion. What’s particularly nasty is how WLD broke below its 7-day moving average at $0.26 and can‘t even hold the 20-day SMA at $0.25. This isn’t just a pullback anymore; its the start of something uglier.  The derivatives market is painting an even bleaker picture. Funding rates have turned sharply negative at -0.0725%, meaning shorts are so confident they‘re paying longs just to maintain their positions. That’s institutional money betting heavily on downside, and Blockchain.news has been tracking similar setups that typically lead to 15-25% corrections in major altcoins.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full WLD price, calculator & analysis  Key Levels Exposed  The technical picture is deteriorating fast. WLD is trading in the lower third of its Bollinger Bands with a %B position of just 0.27 – that‘s dangerously close to oversold territory but without any meaningful bounce attempts. The

05-17Industry

Tether Faces $344M Stablecoin Seizure Bid as Myanmar Eyes Death Penalty and CLARITY Act Advances

Tech  Tether Faces $344M Stablecoin Seizure Bid as Myanmar Eyes Death Penalty and CLARITY Act Advances  A US law firm has escalated its campaign to redirect frozen blockchain-based assets toward unrelated legal judgments, filing a new motion Thursday demanding Tether hand over more than $344 million in USDt linked to Iranian entities. Gerstein Harrow LLP claims its clients are owed over $532 million in compensatory damages and $1.8 billion in punitive damages tied to acts attributed to Iran stretching back 25 years. The filing extends a broader strategy targeting digital assets frozen following sanctions enforcement or exchange exploits. Onchain investigator ZachXBT publicly criticized the firms tactics, arguing such filings displace rightful claims of hack victims and delay legitimate restitution efforts already underway in the industry.  Myanmar‘s military government has unveiled one of the harshest anti-fraud frameworks in the world, releasing the text of an Anti-Online Fraud Bill that proposes life imprisonment and, in certain cases, the death penalty for digital currency fraud. The legislation, published Thursday, directly targets scam centers operating along the country’s borders, where trafficked workers are coerced into running pig-butchering schemes and fake investment platforms. Penalties escalate to capital punishment when victims die as a result of forced labor in

05-17Industry

SHIB Price Prediction: $0.000025 Dead Cat Bounce Within 14 Days

The Capitulation Setup  SHIB has reached peak desperation territory with price action grinding near absolute zero while the Stochastic oscillator hits 6.58 – a reading that marks true capitulation phases in meme coin cycles. This isn‘t healthy consolidation; it’s retail surrender creating the exact conditions for violent counter-trend rallies that burn shorts before the next leg down.  The Bollinger Band position at 0.02 represents statistical extremes where algorithms trigger mean reversion trades regardless of fundamentals. Volume at $8.8 million on Binance reflects complete retail exhaustion – the necessary fuel for sharp technical bounces. Blockchain.news data shows these oversold extremes in meme coins typically resolve with 100-200% moves within two weeks before resuming primary downtrends.  The Mathematics of Despair  Current RSI at 41.80 combined with Stochastic readings below 10 creates mathematical buy signals for algorithmic systems programmed to exploit oversold conditions. The convergence of all moving averages near zero eliminates trend confusion – any bounce faces minimal resistance until the $0.000020-$0.000025 zone where previous support turned resistance.  This technical setup screams dead cat bounce, not reversal. The absence of institutional volume and complete KOL silence confirms this remains a bear market rally candidate rather than sustainable uptrend initiation.  Probability Matrix Analysis  The trade thesis centers on exploiting statistical

05-17Industry
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