Oxford study finds warmer AI chatbots tell more lies

Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more oftenOxford Internet Institute researchers tested five AI models and found that warmer-trained chatbots made between 10% and 30% more factual errors.Warmer chatbots were 40% more likely to agree with users false beliefs, especially when users expressed vulnerability or emotional distress.OpenAI has already rolled back some warmth-related changes following public concern, but commercial pressure to build engaging AI remains strong.  Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often, according to a study published in Nature by the Oxford Internet Institute.  The research analyzed more than 400,000 responses from five AI models, including Llama, Mistral, Qwen, and GPT-4o, each retrained to sound friendlier using methods similar to those deployed by major platforms.  Chatbots trained to sound warmer made between 10% and 30% more mistakes on topics including medical advice and conspiracy corrections. They were also about 40% more likely to agree with users false beliefs, particularly when users expressed vulnerability.  “When we train AI chatbots to prioritise warmth, they might make mistakes they otherwise wouldnt,” lead author Lujain Ibrahim said in a statement. “Making a chatbot sound

05-09Industry

Ripple-linked XRP pushes toward $1.40 as tightening range lowers breakout chances

XRP keeps grinding toward the top of its recent range, and the move is starting to matter more because liquidity has thinned out while price keeps compressing underneath resistance. That combination tends to make breakouts sharper once the market finally picks a direction.  News Background  • Analysts continue pointing to longer-term bull flag and falling wedge patterns that resemble setups seen before previous XRP rallies.  • XRP ETF inflows and thinning Binance liquidity have added to speculation that the market is entering a higher-volatility phase after weeks of sideways trading.  Price Action Summary  • XRP traded in a tight 1.4% range between $1.3787 and $1.3948 over the 24-hour session.  • A late-session push lifted price from $1.3879 to $1.3930 on a 1.45M volume spike, breaking above the immediate consolidation ceiling.  • Support repeatedly held between $1.3825-$1.3870, while sellers continued defending the $1.3930-$1.3950 zone.  Technical Analysis  • The market has spent weeks compressing between support near $1.38 and resistance just below $1.40, with volatility continuing to tighten.  • Volume expanding into the latest move higher matters because thin liquidity conditions tend to exaggerate price reactions once resistance finally gives way.  • XRP is still stuck below larger breakout levels near $1.47 and $1.50, but repeated tests of resistance usually weaken seller control

05-09Industry

Intel (INTC) Stock Soars to Record High on Apple Manufacturing Partnership

The main driver behind the rally was news that Apple and Intel have established a preliminary manufacturing partnership for Intel to produce certain chips destined for Apples product lineup. Negotiations between the tech giants have been ongoing for over twelve months.  Specifics regarding which Apple product lines would receive Intel-manufactured chips remain undisclosed. Apples annual shipments exceed 200 million iPhones, complemented by millions of iPads and Mac computers. Neither company provided official statements.  The current administration played a pivotal role in facilitating this partnership. Commerce Secretary Howard Lutnick conducted numerous meetings with Apple CEO Tim Cook throughout the past year to encourage the collaboration. President Trump directly promoted Intel to Cook during a White House meeting.  “As soon as we went in, Apple went in, Nvidia went in, a lot of smart people went in,” Trump said in January.  Last summer, the federal government transformed approximately $9 billion in grants into equity, securing a 10% ownership position in Intel. This government backing enhanced Intels standing with prospective partners.  Strong Q1 Performance Exceeds Forecasts  The Apple partnership announcement arrived alongside impressive quarterly results. Intel reported first quarter 2026 revenue of $13.6 billion, marking a 7% year-over-year gain. Adjusted earnings per share reached $0.29 — dramatically surpassing the

05-09Industry

Coinbase pushes CLARITY Act Senate vote next week

The Senate Banking Committee is expected to hold a formal CLARITY Act vote as early as next week, Coinbase said at Consensus 2026.The Senate Banking Committee is preparing to notice a markup for the CLARITY Act the week of May 11, with draft text already circulated to industry.Coinbase VP Kara Calvert said the bill needs at least 60 Senate votes and warned that bipartisan backing is essential to advance it.A HarrisX survey shows 70% of voters believe the US should have already passed federal crypto legislation.  Coinbase says the CLARITY Act is heading for a Senate Banking Committee vote as early as next week, with Kara Calvert, the companys vice president for US policy, telling Consensus 2026 in Miami that the markup is expected the week of May 11.  The Senate Banking Committee has reportedly circulated draft legislative text to select industry members ahead of a potential Thursday vote, according to multiple sources cited by journalist Eleanor Terrett on X.  Calvert told Consensus 2026 attendees the bill needs at least 60 votes in the full Senate to advance and that bipartisan support is non-negotiable. “That means you need Democrats,” she said. “You need a bipartisan bill, and we have all been working really

05-09Industry

What is Account Abstraction (ERC-4337)?

Account Abstraction is a technical upgrade that converts traditional crypto wallets into programmable smart contracts. By implementing the ERC-4337 standard, the blockchain can treat user accounts like intelligent software rather than simple private key pairs, significantly simplifying the user experience.  The Problem with Traditional Wallets  Currently, most users interact with the blockchain through Externally Owned Accounts (EOAs), such as a standard MetaMask wallet. These accounts are controlled by a single private key. If you lose your seed phrase, you lose your funds forever. Furthermore, every action requires the user to hold the networks native token (like ETH) to pay for “gas” fees, which is a major barrier for beginners.  How Account Abstraction Changes the Game  Account Abstraction “abstracts” the account away from the private key. Instead of a simple address, your wallet becomes a Smart Account. This allows for several “bank-like” features that were previously impossible on-chain:Social Recovery: You can designate “guardians” (friends or other devices) to help you regain access to your wallet if you lose your credentials, eliminating the stress of managing a 24-word seed phrase.Gas Flexibility (Paymasters): Users can pay for transaction fees using stablecoins (like USDC) instead of the native network token. In some cases, decentralized apps (dApps) can even

05-09Industry

Josh Shapiro sues Character.AI over fake doctors

Josh Shapiro has sued Character.AI after a chatbot falsely posed as a licensed Pennsylvania psychiatrist and offered medical advice to a state investigator.A Character.AI bot named “Emilie” claimed to be a licensed Pennsylvania psychiatrist and provided a fake state medical license number during a state investigation.The bot offered depression assessments and told an investigator its consultations were “within my remit as a Doctor.”Pennsylvania is seeking a preliminary injunction to bar Character.AI bots from practicing medicine without a license.  Pennsylvania Governor Josh Shapiro sued Character.AI on May 6, targeting the companys chatbots for allegedly practicing medicine without a license.  The state said an investigation found that chatbots presenting themselves as fictional characters had claimed to be licensed medical professionals, including psychiatrists, available to discuss mental health symptoms with users.  A Character.AI bot named “Emilie” told a state investigator that assessing whether medication could help was “within my remit as a Doctor.”  The bot also claimed a Pennsylvania medical license and supplied an invalid license number. As of April 17, 2026, Emilie had logged approximately 45,500 user interactions on the platform.  What the state is demanding  The Shapiro administration is seeking a preliminary injunction and a court order to stop AI companion bots from posing as licensed professionals

05-09Industry

Bitcoin Wins the Institutional Flow Battle as Ethereum Slips

Bitcoin Ethereum  Bitcoin Wins the Institutional Flow Battle as Ethereum Slips  Bitcoin Ethereum NewsBitcoin fund holdings rose 7.21% as institutions added 92,116 BTC between Feb. 7 and May 5.ETH/BTC fell below key moving averages, showing Ethereums weaker demand against Bitcoin.Bitcoin ETFs drew over $1.16B in early May inflows, far above Ethereum ETF totals.  Bitcoin is pulling further ahead in the institutional market as fund balances, ETF inflows, and corporate accumulation continue to favor BTC over Ethereum. CryptoQuant data shared on May 7 showed fund holdings rose from 1.278 million BTC on Feb. 7 to 1.370 million BTC on May 5. That added 92,116 BTC, a 7.21% increase, while the assets price climbed from $69,249 to $80,874.  Fund Holdings Show Stronger BTC Demand  CryptoQuant analyst MorenoDV said Bitcoin regained institutional confidence faster, while Ethereum still showed signs of hesitation. The data showed large investors added exposure after the early February decline.  Fund holdings dipped as prices weakened, but the recovery that followed was stronger and more consistent. By May, balances had reached new highs for the period. That trend showed institutions were not just holding positions.  Source: X  They were increasing exposure as BTC moved back above $80,000. The shift helped explain why Bitcoin remained the preferred institutional asset

05-09Ethereum

Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next

Ethereum  Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next  Bitcoin Ethereum News  Ethereum is experiencing a notable shift in derivatives positioning as high-leverage long positions decline sharply across the market. The reduction suggests that many overly aggressive bullish trades have either been closed voluntarily or forced out through recent liquidation events.  Could Ethereum Be Preparing For A Short Squeeze Next?  Crypto investor and data analyst known as CW on X pointed out that Ethereum is going through a significant deleveraging phase as high-leverage long positions continue to decline significantly across the market. At the same time, short positions have increased slightly, indicating that the market is not yet heavily crowded on the bearish side.  The overall scale of high-leverage exposure remains relatively low, suggesting reduced systemic risk compared to earlier phases. Furthermore, most of the greedy long positions have already been liquidated, with the next attention now shifting toward short position liquidations.  Amid this market phase, Ethereum whales are showing a behavior not seen in over a year, potentially signaling a major shift in market dynamics. An analyst known as Ali Charts has revealed that since October 6, 2025, wallets holding between 1,000 and 10,000 ETH have undergone a significant regime change

05-09Ethereum

BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying

Ethereum  BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying  Bitcoin Ethereum News  BMNR stock price trades at $22.00 after a 4% drop on May 7, sliding alongside the broader crypto-treasury complex as chairman Tom Lee signaled BitMine may slow its Ethereum accumulation pace.  The stock sits within an ascending channel that appears bullish on the surface, but multiple flow and positioning signals suggest a deeper test is ahead.  BMNR Stock Price Holds an Ascending Channel After a 59% Drop  BitMine Immersion Technologies (BMNR) traded at $22.00 on May 7, down 3.97%. Chairman Tom Lee said at Consensus Miami that the company may slow its Ethereum (ETH) purchases as it nears its 5% supply target. BitMine currently holds 5.18 million ETH, roughly 4.29% of the circulating supply.  The slowdown signal hit a stock that was already structurally weak. BMNR is down 46% over the past six months. The share price sits 86% below its 52-week high of $161 set in mid-2025.  The daily chart shows an ascending channel forming since early February. The pattern emerged after a 59.14% drop from the December 10 high of $42.03. Channels that form after sharp declines often act as continuation patterns rather than reversal structures. They tend to resolve in

05-09Ethereum

Privacy Coins Reclaim Spotlight Amid Global Pushback Against Financial Surveillance

Zcash (ZEC) touched $600 during intra-week trading in early May 2026, logging gains of 30 to 70% in a single week. That follows an 800% run in 2025, when the coin peaked near $740 before retracing. Shielded pool adoption now accounts for roughly 30% of ZECs total supply, up from 8% in prior years, meaning a growing share of the coin is actively used for confidential transactions.  That metric has become a key signal for institutional investors who want utility data, not speculation. Moreover, earlier this year, Multicoin Capital disclosed a significant ZEC position built since February, citing confidential finance as essential infrastructure for onchain markets. The firm highlighted its position at Coindesks Consensus in Miami.  Other exposure has come from funds linked to Arthur Hayes and Cypherpunk Technologies. Those disclosures triggered short squeezes and tens of millions in futures liquidations, amplifying weekly price moves. Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund (ETF), which would make it the first ETF in the United States.  The SEC completed a long review in January 2026 with no enforcement action, reducing a major regulatory overhang. Robinhood also added ZEC to its platform, expanding retail access. Upcoming protocol work includes Tachyon

05-09Industry
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