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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 　　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 and is trusted by

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

Intuitive Machines (LUNR) Stock Surges on $186.7M Q1 Revenue and $1.1B Backlog Milestone

First-quarter revenue reaches $186.7M as LUNR stock gains momentum on record backlogContract backlog surges to unprecedented $1.1B following major NASA awards and acquisitionsLanteris acquisition drives substantial revenue expansion and space infrastructure capabilitiesCompany maintains full-year revenue projection between $900M and $1B for 2026Positive Adjusted EBITDA of $2.7M marks significant profitability milestone for space firm　　Shares of Intuitive Machines attracted investor interest following a robust first-quarter performance that saw revenue expand nearly threefold while the contract backlog climbed to an all-time high. LUNR stock traded at $36.43, representing a gain of $0.75 or 2.10% during the session. The upward movement came on the heels of impressive revenue figures, favorable profitability metrics, and significant contract awards.　　Intuitive Machines, Inc., LUNR　　The lunar and space infrastructure enterprise delivered $186.7 million in quarterly revenue for the three months concluding March 31, 2026. This figure represented an approximately 200% increase compared to the same period last year, driven substantially by the integration of Lanteris Space Systems. Performance across Commercial Lunar Payload Services, Orbital Mission Enabling Services, and National Security and Navigation Services programs contributed to the results.　　January 2026 marked the completion of Intuitive Machines‘ $800 million Lanteris acquisition, significantly broadening the company’s space infrastructure footprint. This strategic transaction positioned

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

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

Societe Generale Expands Tokenized Stablecoin Use on Canton

Societe Generale, through its digital assets subsidiary Societe Generale-FORGE, is expanding its footprint in blockchain-based finance by deploying its EURCV and USDCV stablecoins on the Canton Network. The move is part of the banks strategy to enhance tokenized collateral, repo financing, and settlement infrastructure.　　The Paris-based institution plans to leverage Cantons infrastructure for collateral mobility, margin management, and risk management workflows tied to tokenized assets. This initiative is aimed at streamlining short-term financing transactions and improving operational efficiency for institutional participants.　　According to the announcement, the EURCV and USDCV stablecoins will facilitate settlement and cash management activities but will remain restricted to non-U.S. jurisdictions. Currently, EURCV holds a market capitalization of $97 million, while USDCV has $20 million in circulation, per data from DeFiLlama. Both stablecoins were launched by SG-FORGE in 2023 and 2025, respectively.　　Societe Generale has been actively exploring blockchain‘s potential in traditional finance. In November 2025, the bank issued a tokenized green bond on Canton Network, marking its early adoption of tokenized asset frameworks. The company also recently integrated USDCV into Consensys’s MetaMask wallet, signaling its intent to broaden use cases for its digital assets.　　Tokenization Gains Momentum Among Financial Institutions　　Societe Generale‘s announcement aligns with a broader trend of banks and

05-15

Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles

Senator Elizabeth Warren called on the SEC to investigate a Trump family-linked crypto business.The comments came during the Senate Banking Committee markup of the CLARITY Act.Reports said DeFi rules, BRCA language, and Democratic support became key late-stage issues.　　Senator Elizabeth Warren called on the SEC to investigate a crypto company linked to President Donald Trumps family as the CLARITY Act faced a tense Senate Banking Committee markup. Her remarks added fresh pressure to a bill already caught between ethics concerns, DeFi rules, and late-stage amendment fights.　　The dispute raised a direct question for crypto markets: Will the CLARITY Act stall before reaching the Senate floor？ Current signs show the bill can still move, but its bipartisan path has narrowed as Democrats press for stronger guardrails on conflicts of interest and market oversight.　　Warren Raises Trump Crypto Concerns　　Warren‘s call for an SEC investigation focused on a cryptocurrency business associated with Trump’s family. Reports said she made the remarks during the CLARITY Act markup, where Democratic lawmakers continued pushing for conflict-of-interest protections involving senior public officials.　　The issue has become more than a political side debate. Democrats argue that a crypto market structure bill should not advance without rules addressing how top officials and their families

05-15

Is 10,000 XRP Enough to Retire? Analyst Maps Two Timelines to $1 Million

The post Is 10,000 XRP Enough to Retire？ Analyst Maps Two Timelines to $1 Million appeared first on Coinpedia Fintech News　　It is the most searched question in the XRP community right now. How much XRP is actually enough？ Analyst Zach Rector tackled it directly this week, and his answer depends entirely on what you are trying to achieve and how long you are willing to wait.　　Wallets holding at least 10,000 XRP just hit an all-time high of 332,230 according to Santiment data, a record that has been building consistently since June 2024. Even through volatility and sideways price action, larger holders have kept accumulating.　　The Two Timelines　　Rector ran two scenarios for a 10,000 XRP position purchased today at approximately $1.44, a total investment of around $14,400.　　Conservative timeline: XRP reaches $10 this year giving a $100,000 portfolio, climbs to $50 by 2029 for $500,000, and hits $100 by 2033 to 2034 for a $1 million portfolio. Total wait: roughly a decade.　　Aggressive timeline: XRP hits $10 this year, $50 by 2027, and $100 by 2029. Same $1 million outcome but compressed into three years.　　The Part Most People Miss　　Rector made a point that separates serious investors from casual holders. When XRP reaches $100 and

05-15

Coinbase Takes Over USDC Treasury Deployer Role on Hyperliquid, Phases Out Native USDH Stablecoin

Hyperliquid‘s native stablecoin is on its way out. The decentralized perpetuals exchange has chosen Coinbase as the official treasury deployer for USDC, a move that sidelines the platform’s own USDH token and hands a major plumbing role to a centralized entity. For a venue that built its reputation on permissionless leverage trading, the decision creates a clear trade-off: deeper liquidity and institutional alignment for a piece of on-chain governance.　　According to the original report, Native Markets has already agreed to terms allowing Coinbase to purchase the USDH brand assets. The USDH market will be phased out over an unspecified timeline, effectively making USDC the primary stablecoin for collateral and settlement on Hyperliquid. The shift gives Coinbase direct exposure to treasury management inside one of the most actively used derivatives DEXs, while also extending USDCs footprint deeper into on-chain trading infrastructure.　　A strategic shift for on-chain stablecoin markets　　By taking the treasury deployer seat, Coinbase can directly manage and mint USDC in connection with Hyperliquid‘s trading activity. It is a role that normally sits with a protocol’s own team or a DAO treasury, not an external exchange. For Coinbase, the logic is straightforward: USDC needs to be where volume lives, and Hyperliquid has consistently

05-15

Solana positions itself as leader in quantum threat preparedness

On April 27, 2026, the Solana Foundation released a comprehensive quantum readiness roadmap, co-authored with Anza and Jump Crypto‘s Firedancer team. The document lays out a concrete strategy for migrating Solana’s cryptographic infrastructure to post-quantum standards, with a particular focus on the Falcon digital signature scheme.　　Why the urgency matters now　　A 2026 Google paper estimated that fewer than 500,000 physical qubits would be required to break elliptic curve cryptography, the mathematical foundation securing virtually every major blockchain. That number is significantly lower than previous estimates, which had placed the threshold comfortably in the millions.　　Nic Carter has put the odds of Bitcoin being vulnerable to quantum attacks by 2035 at 70-80%. The specific vulnerability sits in Ed25519, the elliptic curve signature scheme used by Solana, and variants of the same mathematical family used by Bitcoin and Ethereum. If a sufficiently powerful quantum computer can derive a private key from a public key, anyone who has ever broadcast a transaction, which exposes their public key, becomes a target.　　Solanas quantum playbook　　The roadmap centers on adopting Falcon, formally known as FN-DSA, a post-quantum digital signature algorithm specifically chosen for high-throughput blockchains. Falcon was selected by NIST as one of its post-quantum cryptographic standards.　　Ed25519 signatures are

05-15

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