Lawyers Apologize After Fake Claude-Generated Quotes Appear in Trump Layoffs Case

In briefLawyers in a federal layoffs case apologized after AI-generated “phantom quotations” appeared in a court filing.Attorney Jason Greaves said he used Anthropics Claude Console under “tight time constraints.”The filing stemmed from a subpoena dispute connected to FEMA layoffs challenged in federal court.  A federal court fight over Donald Trump administration layoffs has become the latest example of AI hallucinations entering the courtroom after attorneys admitted submitting fabricated quotations generated by artificial intelligence.  In a declaration filed on Friday, attorney Jason Greaves admitted the filing included fake quotations generated after he used Anthropics Claude Console to help prepare the motion.  “Given the tight time constraints I used an enterprise level, data-isolated AI platform, Claude Console, to create an initial draft of the motion. That was a mistake,” Greaves wrote. “The morning of May 6, I sent the draft to an associate attorney, along with explicit, oral instructions that the draft had come from AI, and I needed the citations to be carefully checked. That afternoon, the associate informed me that she had reviewed and verified each citation.”  According to Greaves, the associate noted that two cases cited were incorrect, but that she had found a different case to cite.  “As the supervising partner, and the

05-19

Zcash (ZEC) Price Prediction: ZEC Reclaims $540 as Bulls Eye $600 and Higher Liquidity Zones

ZEC price prediction improves as ZEC reclaims $540, with a bullish structure, rising social dominance, and upside targets near $600, $643, and $750.  ZEC price is back in focus after a strong recovery pushed the price above a key reclaim zone. According to Brave New Coin data, ZEC is trading near $553.36, up around 5.43% over the past 24 hours, with a market cap of roughly $9.23 billion. The latest 24-hour range shows ZEC moving between $518.07 and $557.04, reflecting renewed volatility after buyers stepped back in.  ZEC Reclaims the $540 Macro Level  The 4-hour chart shared by Ardi shows ZEC moving inside a descending channel after a strong earlier rally. Price had been producing lower highs through the correction, with each recovery attempt getting rejected near the upper channel resistance.  The key change now is the reclaim around the $540 macro support/resistance zone. This level was marked as lost support on the chart, but ZEC price has now pushed back above it, creating what looks like a possible compound breakout. That means price is not only trying to escape the descending channel, but also attempting to reclaim a major horizontal level at the same time.  ZEC is now testing whether the move above $540

05-19

RWA open interest on Hyperliquid reaches new all-time high at $2.6B

RWA activity on Hyperliquid reached a new record. Open interest doubled in the past two months, reflecting the shifting interests of on-chain traders.   Real-world assets (RWA) on Hyperliquid reached open interest of $2.6B, a new all-time peak. Hyperliquid reported constant growth in the past two months, as open interest doubled. The RWA expansion coincides with a general inflow of traders to Hyperliquid, boosting open interest to $8.56B.  RWA trading on Hyperliquid reached a new ATH of $2.6B in open interest, double the amount from two months ago. Demand for 24/7, onchain access to real world assets continues to grow. pic.twitter.com/TZi0mm8Q8V  — Hyperliquid (@HyperliquidX) May 18, 2026  Hyperliquid is an access hub for multiple real-world assets, reflecting investment trends almost immediately. The exchange, and especially its HIP-3 version, is the easiest way to tokenize trends, while also ensuring significant open interest and liquidity.  According to DeFiLlama, total RWA perpetual futures have an open interest of $2.79B, leaving the biggest share to Hyperlilquid. The recent shift in trading activity showed capital flowed out of token markets and into the most easily accessible and liquid RWA platforms.  RWA open interest shifts to stocks  Around $2.14B of the RWA open interest comes through TradeXYZ, the leading asset pair builder on

05-19

Bitcoin News Today: Trump Moves From NFT Royalties to MARA Holdings Equity Stake

Bitcoin News Today: Donald Trump has disclosed a direct equity position in MARA Holdings , the Nasdaq-listed bitcoin mining and AI infrastructure company formerly known as Marathon Digital, marking the first time a sitting U.S. president has filed a personal stake in a publicly traded Bitcoin mining firm.  The disclosure, surfaced through OGE Form 278-T filings covering Q1 2026 activity, shows MARA appearing alongside purchases of Coinbase, Robinhood, and positions widely interpreted as MicroStrategy, as part of an estimated $220–$750 million in trust-executed trades during the quarter.  Where Trumps earlier crypto exposure was structured around passive licensing and royalty income, this is equity ownership in an operationally intensive, capital-heavy miner, a categorically different risk profile.  The analytical question is not why Trump invested in a bitcoin miner; it is whether direct equity ownership in mining infrastructure now structurally aligns his financial incentives with the regulatory outcomes his administration controls.  Bitcoin News Today: Trumps Crypto Portfolio Before MARA: What the $NFT and Licensing Phase Actually Represented  Trumps public crypto exposure first crystallized through the Trump Digital Trading Cards, $NFT collections issued on the Polygon network that generated at least $4.9 million in licensing income by mid-2023.  Those proceeds flowed primarily as Ethereum and Wrapped Ethereum, giving Trump

05-19

Hyperliquid price reenters bullish wedge pattern, will it break out?

Hyperliquid price stabilized over the weekend after reclaiming a key bullish chart structure, while growing institutional adoption narratives continued supporting investor sentiment around the decentralized derivatives protocol.  According to data from crypto.news, Hyperliquid ($HYPE) price was trading around $45 at press time on May 18 after briefly rallying above the $46 level earlier in the session. The token has now recovered more than 100% from its January lows near $22 as demand surrounding decentralized perpetual trading infrastructure continued strengthening.  Despite the recent recovery, Hyperliquid faced heightened volatility over the past two weeks following reports that CME Group and Intercontinental Exchange urged U.S. regulators to scrutinize the protocol over potential market manipulation and sanctions compliance risks.  The concerns reportedly centered around the growing influence of decentralized offshore trading platforms within the perpetual futures market and whether existing compliance frameworks remain sufficient as trading volumes continue expanding rapidly.  The regulatory scrutiny narrative contributed to a sharp correction in Hyperliquid price earlier this month as some traders reduced exposure amid fears that increased oversight could temporarily weigh on sentiment surrounding decentralized derivatives platforms.  However, bulls have since regained control as institutional demand for Hyperliquid-linked investment products continued to accelerate.  One of the biggest catalysts supporting sentiment remains the recent

05-18

Bitcoin Price Prediction 2030, 2040, and 2050: Will BTC Hit $1 Million?

Bitcoin has evolved from an experimental digital currency into one of the worlds most recognized financial assets. Since its launch in 2009, Bitcoin has delivered extraordinary returns, survived multiple market crashes, and attracted everyone from retail traders to major institutional investors.  As adoption continues to expand and Bitcoins supply remains permanently capped at 21 million coins, long-term investors keep asking the same question: how high can $BTC climb over the coming decades?  This article explores Bitcoin price predictions for 2030, 2040, and 2050. It also examines the major factors that could shape Bitcoins future valuation and analyzes whether the leading cryptocurrency can realistically reach the $1 million milestone during its lifetime.  What is Bitcoin ($BTC)?  Bitcoin is the worlds first cryptocurrency. The digital asset emerged in 2008 following the publication of its white paper by the pseudonymous developer Satoshi Nakamoto. Bitcoin officially launched in January 2009.  Bitcoin operates on a decentralized blockchain network, allowing users to transfer value without relying on a central bank or financial intermediary. Instead, thousands of computers worldwide maintain the network and verify transactions. Every transaction is permanently recorded on a transparent public ledger, helping ensure security, immutability, and censorship resistance.  One of Bitcoins most important features is its fixed supply. Unlike

05-18

Can World LibertyFi's USD1 Compete with USDT & USDC?

How big is $USD1 right now?  $USD1 carries a market cap and circulating supply of roughly $4.53 billion, and the peg is holding firm around $1. That ranks it as the fourth-largest stablecoin and the 21st-largest crypto asset overall.  For scale, $USDT sits near $189.8 billion and $USDC near $77 billion as of today. $USD1 has cleared the next tier of dollar tokens, including Ethenas $USDe, PayPals $PYUSD and Ripples $RLUSD, but the two market leaders are an order of magnitude away. Total dollar-stablecoin supply is now above $324 billion, with $USD1 taking a small slice.  Top Stablecoins by Market Cap (CoinMarketCap)Is $4.53 billion an all-time high?  $USD1 first crossed $3 billion in December 2025, pushed above $5.3 billion in late January 2026, and peaked higher through the first quarter. The current $4.53 billion is a strong level and renewed momentum, not a fresh record. Supply has expanded steadily while the peg has held, which is the more durable signal.  What is driving the growth?  Most of the climb traces back to aggressive distribution and exchange support, not slow organic demand. The past several months:Binance incentives. Binance has run a continuously renewed $USD1 airdrop campaign, currently a $13 million WLFI pool distributing weekly to $USD1 holders

05-18

UK proposes near-24/7 settlement to prepare markets for tokenization

The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority (FCA) to prepare UK wholesale markets for tokenized finance.  The proposal seeks to add weekend and extended daily operating hours to the central banks settlement mechanism, Real-Time Gross Settlement (RTGS), and the Clearing House Automated Payment System (CHAPS).  The Bank of England said the expanded operating hours would support cross-border payments and new payment and settlement models as tokenization develops.  The consultation will support cross-border payments and new payment and settlement models based on tokenization developments, according to the joint letter published on Monday.  The BoE is seeking public feedback on the consultation paper until July 3 and plans to publish a feedback statement in the summer.  It comes weeks after the FCA said that tokenization and distributed ledger technologies could make fund management more efficient and support the innovation of the UK asset management sector.  Call for input on the future of tokenization in UK wholesale markets. Source: FCA  Fantastic to see the UK setting out a clear vision for tokenization in wholesale markets, Katie Harries, head of policy for Europe at Coinbase, told Cointelegraph.  The opportunity is huge

05-18

Brent Oil Eyes $115 Breakout After Trump’s ‘Clock Ticking’ Warning to Iran

Brent crude oil price climbed near $111 on Monday after President Donald Trump warned that Irans “clock is ticking.” The weekend Truth Social post fueled fresh fears of a renewed Middle East conflict that could choke global supply.  The International Energy Agency flagged record inventory depletion in its latest monthly update. The daily Brent crude chart now shows a symmetrical triangle approaching the apex that often dictates direction.  Trump‘s post on Iran / Source: Truth SocialDaily Triangle Sets Stage for Brent’s Next Big Move  The daily Brent crude oil chart shows price coiling inside a symmetrical triangle. The pattern began forming on March 19. Such patterns typically resolve once price travels roughly 70 to 80 percent of the way to the apex. The current setup is approaching that threshold.  The triangle traces lower highs and higher lows. Point A sits near $120, point B near $92, point C near $116, and point D near $100. The squeeze suggests a directional decision is close.  This compression marks the second re-accumulation zone for oil. It sits above the first base built between December 22, 2025, and February 26. From that earlier zone, Brent broke out and produced a sharp rally toward $120.  The Relative Strength Index (RSI) reads

05-18

SBI Drives XRP Toward Tokyo Stock Exchange, $32B Target

Japan‘s XRP Moment: SBI’s Push Toward the Tokyo Stock Exchange Could Change Everything  Japans relationship with XRP is entering a more assertive phase, fueled by rising institutional experimentation that is steadily erasing the boundary between traditional finance and digital assets.  At the center of this shift is SBI Group, which is reportedly with plans to bring XRP-linked investment products closer to mainstream capital markets.  One of the most closely watched proposals is a Bitcoin and XRP ETF that could be listed on the Tokyo Stock Exchange, with projections targeting as much as $32 billion in assets under management within three years of launch. While regulatory approval is still pending, the trajectory is increasingly difficult to ignore.  Japans Financial Services Agency Financial Services Agency of Japan is currently reviewing frameworks that would formally classify crypto assets as financial instruments.  If adopted, the shift would be significant: it would move crypto from fragmented, niche investment channels into fully regulated brokerage systems, placing it alongside equities, bonds, and managed funds already accessible to millions of retail investors.  Japans Crypto Shift Accelerates as SBI Expands XRP and Brokerage Integration  SBI Securities and Rakuten Securities are moving toward launching their own crypto investment products, signaling a clear shift in Japans brokerage industry

05-18
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