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EMCD CEO: Bitcoin Miners Can Become Profitable Again

Bitcoin mining has always been a margins business, now more so than ever. The difference between profit and loss can come down to electricity prices, machine performance, pool fees, or even how many shares get rejected before they reach the network.　　That pressure became more serious after the 2024 Bitcoin halving. The block reward dropped, while mining difficulty in 2026 has stayed above 135T. For many miners, the electricity cost alone to mine one Bitcoin has moved above $74,000.　　That leaves less room for waste, and a business can quickly become unprofitable. This is the problem EMCD and Vnish are trying to address.　　The new partnership brings together EMCD‘s mining pool infrastructure with Vnish’s firmware technology, which holds a 26.4% global market share.　　The goal is to help miners find where they are losing money and improve profitability without simply buying more machines.　　At Consensus 2026 in Miami, EMCD founder and CEO Michael Jerlis described a market where miners need more practical support from infrastructure providers.　　“Before, pools and machine manufacturers were just service providers,” Jerlis said. “Now, it looks like they became more partners with the miners.”　　Where Bitcoin Miners Are Losing Money　　The losses often start at the machine level.　　Factory firmware usually applies the same voltage

05-15

Bitget Enters Mexico Market with UIF and SAT Registration to Grow in Latin America

Bitget, a renowned crypto exchange, is expanding its services into the Mexican market following the completion of crucial registrations. In this respect, Bitget has confirmed its successful registration with the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) of Mexico. These authorizations place Bitget among the early crypto entities to fulfill the local compliance needs in one of the fastest-growing digital asset hubs of Latin America. So, the development fortifies its strategy to expand presence across Latin and Central America, where there is a growing demand for regulated cryptocurrency services.　　Bitget Obtains UIF and SAT Registrations in Mexico to Expand Compliant Crypto Services　　Bitgets expansion into Mexico comes with the completion of the Financial Intelligence Unit (UIF) and Tax Administration Service (SAT) registrations. While Mexico is emerging as a noteworthy jurisdiction for the adoption of digital finance, Bitget attempts to effectively align with the regulatory expectations.　　Particularly, the SAT regulates tax obligations for domestic and foreign entities working in the financial market of Mexico. Additionally, UIF is the financial intelligence agency of the country to monitor and prevent any money laundering activities and other illegal financial flows. Collectively, these authorizations permit Bitget to execute its services under the evolving anti-money laundering (AML)

05-15

Dune cuts 25% of staff to sharpen focus on AI and institutional data products

Dune cut 25% of its staff this week as the crypto data platform restructures around AI powered analytics and institutional demand for onchain data.　　We‘re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if youre…　　CEO and co-founder Fredrik Haga said the layoffs are part of a move to sharpen Dunes focus on the core data products used across the crypto industry. He said the company remains well capitalized and will focus on two major shifts: AI and institutions moving onchain.　　The restructuring comes as Dune expands its AI product stack. The company recently introduced Dune MCP, a Model Context Protocol server that gives AI agents access to Dunes data warehouse across more than 100 blockchains, decoded smart contracts, and curated datasets. The tool is designed to let users create dashboards and workflows without writing SQL or managing data infrastructure.　　Dune said its broader platform supports blockchain data queries, APIs, DataShare, and dashboards across more than 100 chains. The companys website says it serves more than 1 million users

05-15

Beyond the halving: Why BTC Ecosystem’s cloud mining is the new alpha for passive crypto yields

About BTC Ecosystem　　In the cryptocurrency world, compliance is the lifeline. Headquartered in highly regulated Australia, BTCecosystem has been built on a foundation of transparency and compliance since its inception.　　Regulatory High Ground: Regulated by the Australian Securities and Investments Commission (ASIC), it avoids the information asymmetry and operational risks commonly found in offshore platforms.　　Four Years of Experience: Since its founding in 2022, BTCecosystem has weathered a complete bull and bear market cycle. Through multiple market fluctuations, its continuous operational capabilities and stable development have gradually built a foundation of user trust.　　Fund security: Bank-grade protection to safeguard assets　　For investors primary concerns of asset security and liquidity, BTCecosystem delivers a perfect score:Encryption Protection: Client funds are securely held in accounts at top-tier banks and major exchanges, licensed and regulated by the Australian Financial Services Authority. All personal information is protected by SSL encryption.Instant Withdrawal: Supports major payment channels including BTC, ETH, USDT-ERC20, LTC, BCH, USDT-TRC20, XRP, SOL, and DOGE, with daily automatic settlement of profits. The platform promises straightforward withdrawals, ensuring a smooth and seamless return of funds.　　In conclusion　　As the cryptocurrency industry as a whole navigates the evolving regulatory framework, fixed-term cloud mining contracts offer a unique and direct way to generate assets.

05-15

Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin Custody Platform

Onramp has raised $12.5 million in a Series A round led by Early Riders, valuing the bitcoin financial services firm at $135 million as it pushes to scale a custody model designed to meet institutional standards.　　The Austin-based company told it now holds more than $1 billion in assets under custody and has recorded zero security incidents since its founding in 2023. The new capital will support expansion of Onramp Finance, its recently launched platform that combines bitcoin custody, brokerage, and cash management, while funding new partnerships across banks, registered investment advisors, and fintech firms.　　At the center of the strategy is Onramps Multi-Institution Custody (MIC) model, which distributes key control across several regulated custodians rather than relying on a single entity or placing full responsibility on clients. The system is built with partners including BitGo, Coincover, and Tetra Trust, allowing for shared control structures that can span jurisdictions.　　The approach targets a long-standing tradeoff in digital asset custody. Investors have often had to choose between centralized platforms with counterparty risk and self-custody setups that require technical expertise and operational oversight. Onramp positions MIC as a middle path that removes single points of failure while keeping assets verifiable on-chain.　　Institutional traction has begun to

05-15

Clawville unleashes the first AI-native open world MMORPG into the Milady Ecosystem

Nori EQ represents a glimpse into what the future of AI-powered creation could look like. Accessible entirely through a browser with no downloads required, the platform merges live audio engineering, reactive visual generation, and AI-driven teaching systems into a single immersive experience.　　Users can upload audio files, manipulate professional-grade mixing systems in real time, and receive AI-generated feedback grounded in actual spectral analysis and mastering metrics.　　The system includes:Real-time EQ mixingAI-generated production guidanceLive FFT spectral visualizationReactive visual synthesisSide-by-side comparison mixingBrowser-native performanceOpen-source infrastructure under MIT licensing　　The project even introduces “Nori,” an AI engineering assistant powered by multimodal AI systems capable of analyzing audio and providing advanced production feedback.　　Steam expansion, and the road ahead　　The Clawville roadmap reveals a project accelerating aggressively toward expansion.　　Upcoming milestones include:Steam App Store submissionLive quest deploymentsGames within ClawvilleMassive world expansionIntegration with other Milady ecosystem applications and gamesExpanded AI agent capabilitiesFurther creator and developer tooling　　At this pace, Clawville could become one of the first truly scalable AI-agent MMORPG ecosystems capable of attracting gamers, developers, creators, AI enthusiasts, and crypto-native communities simultaneously. And timing matters.　　Yet while many are still discussing ideas, Clawville is already shipping live demos, building integrations, attracting communities, and pushing into mainstream distribution channels. Visionaries are already noticing too.　　For

05-15

Gemini Stock Climbs 9% as Q1 2026 Earnings Show 42% Revenue Jump

Gemini Space Station (Nasdaq, GEMI) shares climbed roughly 9% to $5.73 in after-hours trade on Thursday after the listed crypto exchange reported a 42% jump in first-quarter revenue and a $100 million strategic investment from Winklevoss Capital.　　The firm also posted a narrower net loss of $109 million for the period ended March 31, while operating expenses grew 73% on stock-based compensation, severance, and credit card costs.　　Gemini Q1 2026 Earnings Show Revenue Diversification　　Services revenue and interest income climbed 122% from a year earlier to $24.5 million, making up 49% of the top line versus 31% in Q1 2025. Credit card revenue led the move, jumping nearly 300% to $14.7 million, with cumulative cardholders passing 123,700 over the trailing four quarters.　　Spot trading revenue, by contrast, slipped 27% to $17.2 million on quarterly volumes of $6.3 billion, down from $13.5 billion a year earlier. Monthly transacting users reached 589,000, up 17% year-over-year.　　Winklevoss Capital Anchors $100 Million Bitcoin Bet　　Winklevoss Capital bought 7,142,857 Class A shares at $14 each, settling the transaction in bitcoin (BTC). The purchase price sits more than 2.5 times above where GEMI closed Wednesday at $4.92, framing the deal as an insider vote of confidence after a difficult run in public

05-15

OpenAI Pushes New ChatGPT Safety Features as Lawsuits Mount

OpenAI says ChatGPT can now better spot signs of self-harm or violence during ongoing conversations.The update comes as the company faces lawsuits and investigations over claims that ChatGPT mishandled dangerous conversations.OpenAI said the new safeguards rely on temporary “safety summaries” rather than permanent memory or personalization.　　OpenAI on Thursday announced new safety features designed to help ChatGPT recognize signs of escalating risk across conversations as the company faces growing legal and political scrutiny over how its chatbot handles users in distress.　　In a blog post, OpenAI said the updates improve ChatGPTs ability to identify warning signs tied to suicide, self-harm, and potential violence by analyzing context that develops over time instead of treating each message separately.　　“People come to ChatGPT every day to talk about what matters to them—from everyday questions to more personal or complex conversations,” the company wrote. “Across hundreds of millions of interactions, some of these conversations include people who are struggling or experiencing distress.”　　According to OpenAI, ChatGPT now uses temporary “safety summaries,” which it described as narrowly scoped notes that capture relevant safety-related context from earlier conversations.　　“In sensitive conversations, context can matter as much as a single message,” the company wrote. “A request that appears ordinary or ambiguous on

05-15

EU-China trade: Pragmatic stance and targeted risks – Standard Chartered

Standard Chartered economists Christopher Graham and Carol Liao discuss the EUs widening trade deficit with China, highlighting the autos sector as a key example of the imbalance. They note EU efforts to expand its trade policy toolkit and industrial strategy, while expecting China to maintain a restrained, pragmatic approach that preserves trade ties but leaves room for targeted actions.　　EU weighs broader trade policy response　　“EU officials are growing increasingly concerned with the blocs widening trade deficit with China. Although largely due to higher import volumes, it is also being driven by weakening export volumes to China.”　　“The autos sector has become symbolic of this trade shortfall, with EU vehicle imports from China increasing 10-fold since 2019, while EU exports to China have fallen sharply in the past few years.”　　“EU officials have cited overcapacity in China‘s manufacturing sectors as a key driver of this growing imbalance. This has played a significant role in the Commission’s efforts to expand its trade policy toolkit and develop a broader industrial strategy.”　　“A Commission-led debate at the end of May may be used to discuss new trade measures, potentially focused on dealing with Chinas perceived overcapacity.”　　“We expect Chinas strategy towards the EU will remain restrained and pragmatic amid

05-15

Turnkey raises $12.5M for wallet infrastructure

Crypto wallet infrastructure firm Turnkey has raised $12.5 million backed by Circle Ventures and Sequoia Capital.The round brings Turnkeys total funding to over $65 million and will primarily support development of Turnkey Verifiable Cloud ahead of its public launch.Verifiable Cloud is designed to let companies run sensitive crypto operations including transaction signing and policy decisions in a verifiable environment.Turnkey was founded by former Coinbase Custody employees and serves Flutterwave, Polymarket, and World App among its customers.　　Turnkey announced the raise on May 14, with participation from Archetype, Bain Capital Crypto, Lightspeed Faction, Galaxy Ventures, and Variant alongside Circle Ventures and Sequoia Capital.　　The New York-based company builds key management infrastructure for crypto applications, including non-custodial wallets, automated onchain transactions, and policy-controlled signing. The raise follows a $30 million Series B led by Bain Capital Crypto in mid-2025.　　“Stablecoins are transforming how value moves online, and AI agents are upending traditional security assumptions,” said Bryce Ferguson, CEO and co-founder of Turnkey. “Verifiable Cloud is our answer to the security and compliance demands of the next wave of crypto applications.”　　What Verifiable Cloud is designed to solve　　Verifiable Cloud targets organisations that need to run sensitive operations, including transaction visibility, policy decisions, and agent-driven wallet activity, in

05-15

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