Author: CoinNewsJunction.com

TLDR: Hoskinson predicts AI agents will handle most internet searches and commerce by 2035, surpassing human activity online. Google, Amazon, and Facebook face serious threats as AI agents do not click ads or carry any brand loyalty. Hoskinson calls AI agents the best development for crypto, as they simplify transactions and DeFi interactions significantly. He urges crypto users to own their data, identity, and assets rather than relying on third-party custodial platforms. AI agents are on track to surpass human activity online by 2035, according to Charles Hoskinson. The Cardano founder made this claim at Consensus Miami 2026 on Wednesday.…

Beijing’s central bank moved the yuan to its most powerful position against the American dollar in more than three years, marking another step in the country’s effort to grow its currency’s global role while doubts about dollar holdings continue among investors. The People’s Bank of China put the yuan’s daily reference point at 6.8487 per dollar on Thursday. This represents the best rate the Chinese currency has seen since April 2023. Just one day before, the rate had been set at 6.8562. Market watchers believe the yuan will keep getting stronger in coming months. Some think it could climb as…

Core Scientific reported $115.2 million in first-quarter revenue, up from $79.5 million a year earlier.  Summary Core Scientific revenue rose to $115.2 million, driven mainly by fast-growing colocation business demand. The miner posted a $347.2 million net loss due largely to non-cash impairment charges. Self-mining revenue fell sharply as Bitcoin output dropped and the firm shifted toward AI infrastructure. Gross profit also rose to $30.1 million from $8.2 million in the same period last year. The growth came mainly from colocation revenue, which reached $77.5 million. That was up from $8.6 million in Q1 2025 as the company delivered more…

TLDR Wadoozie is a narrative-driven Ethereum memecoin launching May 27, 2026, with the ticker $WADZ and a 0% buy/sell tax 2 billion tokens were minted at genesis, with just under 1 billion burned at launch, leaving an effective supply of 1,000,000,001 75% of supply sits in a DAO-governed, locked liquidity pool paired with ETH — no individual or team wallet can move it A physical 48-state U.S. tour activates “nodes,” with 576 hidden Signal Fragments redeemable for $WADZ tokens across four prize tiers The team’s 3% allocation is fully locked for 12 months, and the smart contract is renounced post-launch…

TLDR: WLFI token sales reportedly moved 5.9B tokens via private allocations after fundraising rounds closed early Early investors remain locked out of 80% holdings, while governance terms extend vesting timelines significantly Borrowing against WLFI tokens has been used to access liquidity without direct market selling pressure Token value has dropped over 90%, with continued downside pressure across related ecosystem assets and liquidity pools WLFI token sales are drawing fresh attention after reports of large private allocations, treasury movements, and investor lockups tied to the Trump-backed crypto project. Market participants are closely watching liquidity shifts, governance changes, and ongoing pressure across…

The United Arab Emirates Innovation City has rolled out a blockchain-based system that assigns every registered company a sovereign, verifiable digital identity on-chain. Summary Innovation City now issues on-chain business identities to all registered companies using OPN Chain infrastructure. Officials said the system replaces static licenses with verifiable digital records that track ownership, compliance, and activity. The rollout ties into the UAE’s plans to move 50% of government services to AI-driven systems within two years. According to an official announcement from Innovation City, businesses incorporated in the Ras Al Khaimah free zone now receive a cryptographically secured identity issued through…

Bullish has agreed to acquire Equiniti in a deal valued at about $4.2 billion, including debt.  Summary Bullish will acquire Equiniti for about $4.2 billion, including debt, pending regulatory approvals. Equiniti serves nearly 3,000 public companies, including Berkshire Hathaway, Moody’s and Rolls-Royce. Bullish and Equiniti plan tokenization services with 24/7 securities trading and stablecoin settlement. The transaction includes about $1.85 billion in assumed debt and roughly $2.35 billion in Bullish stock, according to a Reuters report. The deal is expected to close in January 2027, subject to regulatory approvals. Equiniti is a global transfer agent that supports nearly 3,000 public…

Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an active wallet drainer targeting crypto users. Prominent accounts replying to Polyarb posts amplify the scam to new audiences without realizing it. The alert follows ZachXBT’s recent exposure of a U.S. law firm seeking $71 million in Lazarus-linked frozen funds. What Polyarb Is Doing Wallet drainers work by disguising a malicious smart contract approval as a routine transaction, such that when a user connects their wallet and signs what appears to be a deposit, claim, or market entry action, the drainer triggers a hidden separate approval that grants the…

TLDR: Polymarket April fees hit $43.36M, driven by higher trading activity across global prediction markets Polymarket Global contributed $37.81M while the US added $5.55M, covering over 97% of total fees Annualized revenue nears $520M as prediction market usage expands across macro and event contracts Smaller rivals like Limitless and BNB Chain grow but remain far behind Polymarket’s liquidity dominance Polymarket April fees data signals a sharp expansion in on-chain prediction market activity, driven by record trading volumes and rising participation across global and US venues, as fee generation scales toward new highs and reshapes market behavior in the 2026 cycle.…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…