PancakeSwap Boosts DePIN Ecosystem with Impossible Cloud Network (ICN) Liquidity Launch

PancakeSwap has announced its new liquidity pool for the Impossible Cloud Network (ICN). This strategy is part of a broader goal of connecting DeFi with the emerging Decentralized Physical Infrastructure Networks (DePIN) space to bring DeFi and Web3 in general to the world of decentralized cloud computing. It combines the benefits of Web3s fluid, permissionless environment with the strength and reliability of enterprise-level services.  As a decentralized exchange provider hosting one of the largest ICNT/USDC trading pairs globally, PancakeSwap is helping provide the financial infrastructure needed to support the project. The initiative is focused on helping businesses rethink how they manage and utilize artificial intelligence workloads around the world.  Reimagining Cloud Infrastructure for the AI Era  The main value offering of the ICPN is to make available the huge computing powers needed to power todays advances in AI, while many cloud companies today have a centralized bottleneck and high cost to be able to operate as such. The ICPN does not suffer from any of these problems because it uses distributed infrastructure and can deliver enterprise level performance.  The approach is called distributed and allows AI developers to not have to depend on one company for the resources that they can access in a

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Aptos encrypted mempool targets frontrunning and censorship

Aptos plans to launch a native encrypted mempool to protect transaction intent at the protocol layer. Aptos says its encrypted mempool will hide transaction details during block ordering before execution.The feature still needs governance approval before Aptos can roll it out to users.Aptos Labs says batched threshold encryption can limit latency while keeping network trust assumptions.  The network said the feature will keep pending transaction details hidden during block ordering, then reveal them before execution.  The feature still depends on governance approval. Aptos said, “Pending governance approval, Aptos will be the first L1 to offer a native encrypted mempool.” The project says users will be able to send protected transactions with one click, without changing the normal on-chain record after confirmation.  Aptos keeps transaction intent hidden  Aptos Labs said most blockchains expose pending transactions before they reach a block. That visibility can let validators, bots, or other actors delay, reorder, copy, or censor trades before confirmation.  The encrypted mempool is designed to reduce that risk. Aptos Labs said transaction details remain confidential until execution, protecting users from frontrunning, censorship, and order-flow manipulation while confirmed transactions remain public on-chain as usual.  Moreover, Aptos Labs said the system uses batched threshold encryption. Under the design, validators can collectively

05-12

Dogecoin (DOGE) Whales Ramp Up Accumulation: Will Price Surge Follow?

DOGE currently priced at approximately $0.1109, posting a 1.47% gain over 24 hours with market capitalization at $18.56 billionTechnical analyst BitGuru identifies DOGE maintaining position above crucial support zones with potential movement toward $0.12Technical indicators remain favorable: RSI positioned at 63.10 while MACD demonstrates constructive momentum patternsAnalyst Crypto Patel forecasts potential pullback to $0.07 before extended uptrend targeting $1, $2, or potentially $5On-chain metrics reveal whale transaction volume reached six-month peak in early May, predominantly accumulation-oriented  Dogecoin maintains its position above critical support thresholds while displaying encouraging technical patterns, prompting market observers to monitor a possible advance toward $0.12 in the immediate future.  Dogecoin (DOGE) Price  Current market data shows DOGE changing hands at $0.1109, representing a 1.47% increase across the previous 24-hour period. Volume for the day registers at $3.21 billion, while the complete market valuation reaches $18.56 billion, per CoinMarketCap statistics.  Cryptocurrency analyst BitGuru delivered an encouraging assessment of DOGEs market performance via X, explaining the token had consolidated within a defined range before rebounding upward following liquidity sweep beneath support zones. BitGuru observed that DOGE now trades comfortably above critical support thresholds, and sustained buying interest at these levels could propel the price toward $0.12.  $DOGE is slowly recovering after a long

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“I Failed Them”: Goliath CEO Apologizes Over $328M Ponzi Scheme

Authorities claim Delgado lured investors with promises of guaranteed monthly returns through crypto liquidity pools, while using investor funds to sustain the scheme and finance luxury spending. Delgado publicly apologized in a televised interview, stating that investors trusted him and that he failed them.  Ex-Goliath CEO Faces Prison  Christopher Delgado, the former chief executive of Goliath Ventures, publicly apologized to investors after US prosecutors accused him of operating a massive $328 million cryptocurrency investment .  In an that aired Monday by ABC-affiliated television station WFTV, Delgado admitted that investors trusted him and said he failed them. He explained that he wanted to speak publicly to share his side of the story “from beginning to end” and express remorse for the financial damage allegedly caused to hundreds of victims.  Federal prosecutors allege that Delgado orchestrated the scheme between January 2023 and January 2026 by convincing investors to place large amounts of money into what he described as lucrative crypto liquidity pool opportunities. According to investigators, investors were promised guaranteed monthly returns and were told they could withdraw their funds whenever they wanted. Authorities claim those promises were false and that investor money was instead used to sustain the operation and fund a lavish lifestyle.  The Orlando

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GameStop (GME) Stock Rallies Then Falls After Roaring Kitty Social Media Activity

Shares climbed as high as 13% before completely reversing course and trading in negative territory. The sudden decline occurred after the posts—one depicting a feline image, another featuring Pepe the Frog donning Roaring Kittys iconic red bandanna—vanished around 5:40 p.m. Eastern time, roughly 60 minutes after their initial appearance.  Chewy shares mirrored this volatility, advancing up to 3% before surrendering the entire gain. GameStop CEO Ryan Cohen established Chewy prior to his current role.  This marks yet another instance where Gills social media presence has influenced market movements. A mysterious post in late 2024 propelled GameStop shares skyward and prompted a trading halt due to volatility. AMC Entertainment shares also experienced upward movement during that event.  eBay Acquisition Rumors Intensify  The after-hours turbulence unfolded on a day already filled with conjecture regarding a possible GameStop–eBay combination.  Market observers detected that Cohen had eliminated GameStop from his social media profile. Simultaneously, eBay materialized on GameStops investor relations platform. Both corporations have remained silent regarding any merger negotiations.  The investor relations page modification connects to regulatory documents associated with GameStop‘s reported offer to purchase eBay for approximately $56 billion. Should the transaction materialize, it would rank among the most substantial acquisition attempts ever initiated by a company matching

05-12

Upbit listing puts privacy AI token VVV in Korea’s spotlight

Upbit listed Venice Token (VVV) on May 12 with Korean won, Bitcoin, and USDT trading pairs. Upbit listed Venice Token with KRW, BTC, and USDT pairs, using only the Base network.VVV traded near $17.15, down 2.9% in 24 hours despite listing news.Venice AI positions VVV as a Base token for private AI access, staking, and DIEM minting.  The South Korean exchange said trading would begin at 16:00 local time, giving VVV direct access to one of Asias busiest retail crypto markets.  The exchange said deposits and withdrawals will only support the Base network. Korean reports also noted that users should check the VVV-Base network before sending funds, as unsupported network deposits may not process normally.  However, Venice Token (VVV) traded near $17.15 at press time after the listing news. The token was down 2.9% over 24 hours, even as its seven-day gain stood at 84.1%. Crypto.news listed VVVs market cap near $795 million and its 24-hour volume at about $131.8 million.  The reaction looked mixed across venues. CBC News reported that VVV traded at 26,840 won on Upbits KRW market at 16:05 local time, up 16.7% at that moment. Wider market data, however, showed the token had not held a clear daily breakout.  Venice AI

05-12

Anthropic warns against unauthorized stock exposure as token markets imply trillion-dollar valuation

Anthropic, the AI company behind Claude, is warning investors that tokenized products claiming to offer access to its private shares may be invalid, escalating a fight over whether restricted pre-IPO stock can be repackaged for retail traders.  In an updated investor-warning page first published in February, Anthropic said any unapproved sale or transfer of its stock, or any interest in its stock, is void and will not be recognized on its books.  “We do not permit special purpose vehicles (SPVs) to acquire Anthropic stock and any transfer of shares to an SPV are void under our transfer restrictions. Offers to invest in Anthropics past or future financing rounds through an SPV are prohibited,” the company wrote on an updated warning page. “This means that if someone purports to sell Anthropic shares without proper board approval, that transaction is invalid.”  It added that any third party claiming to sell Anthropic shares to the general public through direct sales, forward contracts, “tokenized securities,” or other mechanisms is likely either engaged in fraud or offering an investment that may have no value due to our transfer restrictions.  Over the past year, several crypto exchanges have set up offerings for pre-IPO exposure to some of the hottest tech

05-12

SUI Surges 40%: Analytics Firm Explains What’s Driving The Rally

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.  Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.  In terms of official educational qualifications, Keshav holds a bachelors degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.  Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.  Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesnt mean

05-12

General Motors (GM) Stock Declines 4.45% Following Major AI-Driven IT Restructuring

General Motors Company, GM  Bloomberg initially broke the story, which GM subsequently verified in communications with TechCrunch.  The company characterized the workforce changes as a fundamental restructuring of its technology operations. “GM is transforming its Information Technology organization to better position the company for the future,” according to an official company statement.  This represents more than a simple reduction in workforce numbers. Sources with knowledge of the situation informed TechCrunch that the company is simultaneously conducting aggressive recruitment — but for entirely different competencies.  The positions General Motors is now seeking to fill emphasize AI-native software development, cloud-based infrastructure engineering, data pipeline architecture, machine learning model creation, autonomous agent development, prompt engineering capabilities, and emerging AI-driven workflows.  Essentially, GM seeks professionals capable of building AI systems from the foundation up — rather than employees who merely utilize AI tools for incremental productivity gains.  Ongoing Organizational Transformation  This marks another chapter in GMs white-collar workforce adjustments. Back in August 2024, the automaker eliminated roughly 1,000 software engineering positions while concentrating resources on strategic initiatives.  Throughout the past eighteen months, General Motors has systematically reduced headcount across numerous departments while reallocating capital toward artificial intelligence and advanced software capabilities.  The transformation accelerated within GM‘s technology operations following Sterling Anderson’s appointment as

05-12

Michael Saylor defends Strategy’s Bitcoin sales plan amid dividend concerns

Michael Saylor has defended Strategys ability to sell limited amounts of Bitcoin while continuing to expand its BTC treasury, arguing the company should avoid becoming a net seller rather than follow an absolute “never sell” stance.Strategy said limited Bitcoin sales could still support a larger BTC accumulation plan rather than reduce its treasury exposure.Michael Saylor described STRC and MSTR as part of a Bitcoin-backed capital structure built around digital credit and equity products.  According to comments shared by Saylor on May 10 and statements made during his recent appearance at Consensus in Miami, Strategys Bitcoin strategy now revolves around using its holdings to support a layered capital structure tied to preferred stock products and equity financing.  Saylor said any future Bitcoin sale would only happen within a larger accumulation cycle.  “Even if we were to sell one Bitcoin, wed be buying 10 to 20 more Bitcoin,” he said while responding to concerns that Strategy could eventually reduce its exposure to BTC.  Recent debate around the companys treasury model intensified after Strategy disclosed that its preferred stock products carry roughly $1.5 billion in annual dividend obligations.  Crypto.news previously reported that the company posted a $12.54 billion net loss during Q1 2026 while holding 818,334 BTC as

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