Vitalik Buterin pushes Ethereum Foundation toward AI-verified code

Vitaliks thoughts on the efforts to save and strengthen EF. Source: X.  Buterin reiterated that the foundation was just another node and not a central authority like Ethereum. It was consistent with its original objective during the token sale era, which was completed with the help of the Serenity upgrade.  Fiscal responsibility is at the heart of the pivot. At present, the EF owns only about 0.16% of the total ETH in circulation—significantly less than even some individuals or corporations—and is certainly not set up to be an everlasting guardian of the entire ecosystem.  To maximize effectiveness, it will focus on longevity rather than breadth, meaning it will sell less ETH.  Vitalik boosts EFs technical vision, taking on CROPS  Buterins vision starts and ends with the need for Ethereum to be “deeply impressive” within CROPS, not speed alone, which would simply make it mediocre. He flat-out rejects 250ms latency and 1 million TPS as a recipe for failure, as it would render Ethereum no more decentralized than its competitors.  Instead, the team will aim to achieve three key objectives with respect to technology, all of which can be done with the aid of high-throughput and scalable L2 systems:  Provably bug-free software via AI-assisted formal verification: What was

05-25Industry

Fed: Warsh ambiguity clouds Dollar outlook – DBS

Finance  Fed: Warsh ambiguity clouds Dollar outlook – DBS  Philip Wee at DBS highlights uncertainty around new Fed Chair Kevin Warsh‘s approach, noting President Trump’s preference for lower rates and Warshs reform-oriented stance. Warsh may downplay dot plots and even abstain from June rate forecasts, which could create friction with markets and colleagues if PCE inflation surprises on the upside, adding to policy ambiguity for Dollar traders.  Warsh seen downplaying dot plots  “Meanwhile, Kevin Warsh was sworn in as the 17th Fed Chair at the White House on May 22. While stating that Warsh would ”do his own thing“ in upholding the Feds independence and interest rates, President Trump did not hide his desire for Warsh to start lowering interest rates.”  “Warsh‘s acceptance speech focused on leading a ”reformed-oriented“ Fed by moving away from backward-looking and economic dogmas, pursuing a dual mandate that can simultaneously achieve lower inflation with stronger growth, reducing the Fed’s balance sheet, and pivoting away from forward guidance dot plots and heavily parsed press conferences.”  “Instead, Warsh may abstain from providing his interest rate forecasts in the June Summary of Economic Projections, aligning with his disdain for forward guidance that locks the FOMC into pre-emptive policy paths. Doing so will allow Warsh

05-25Industry

Indian Rupee: RBI support and rate talk underpin INR – Commerzbank

Finance  Indian Rupee: RBI support and rate talk underpin INR – Commerzbank  Commerzbank analysts highlight that USD/INR fell 0.5% to 95.71 and is down 0.3% on the week, as the Reserve Bank of India (RBI) intervenes in spot markets and tightens gold import rules. They note reports that Governor Sanjay Malhotra may consider a rate hike on 5 June, potentially complemented by USD bond issuance and special deposit schemes to bolster the Indian Rupee (INR).  Policy mix aims to stabilise INR  “In FX, USD/INR fell 0.5% to 95.71 last Friday and it declined 0.3% for the week.”  “INR has remained under pressure recently due to elevated global oil prices and firm USD demand.”  “However, recent restrictions on gold imports and interventions in the spot market by the Reserve Bank of India (RBI) have provided some support for INR.”  “Earlier last week, local media reported that RBI Governor Sanjay Malhotra is considering hiking rates at the next meeting on 5 June to provide further support for INR.”  “It is unlikely to be a standalone move. It could be supplemented by other measures such as USD bond issuance and schemes to attract dollar deposits from non-resident Indians, mirroring measures taken during the 2013 Taper Tantrum.”

05-25Industry

Ethereum Foundation Director Behind Vitalik Buterin’s New ETH Plan

Under Bestians guidance, EF will become a smaller, leaner. It will become more focused organization centered on Ethereums core “cypherpunk” values. This includes decentralization, privacy, censorship resistance, openness, and security.  As Vitalik announced, rather than chasing 250ms latency, 1M TPS goal and aggressive business development, Ethereums goal is to become “deeply impressive” technically. For this, the organization is set to run through initiatives. It includes AI-assisted formal verification to make Ethereum nearly bug-free, “available chain consensus”, and intermediary minimization.  This comes after a week when Vitalik outlined plans to improve Ethereum‘s Native Privacy. FOCIL, EIP-8141, smart contract wallets, and specialized Layer-2 networks are few components now set to become part of Ethereum’s long-term scaling roadmap.  Other Articles…  This is something that Bastian had announced right when he took on the role. He had written in a X post, “The mandate of the EF is to make sure that real permissionless infra, cypherphunk, is what gets built.Ethereum should outlast us…to make it last 1000 years or more.”  Thus, the base for current transition had already been laid by Bastian as soon as he took over as EFs co-ED.  Board of Ethereum Foundation  The decisions that happen at and for Ethereum are made by cumulative majority. Besides Bastian Bues,

05-25Industry

Bitcoin demand falls to its most bearish level in 2026

Bitcoin  Bitcoin demand falls to its most bearish level in 2026  Bitcoins (BTC) apparent demand has fallen to the lowest level in more than a year, showing that retail sentiment is cooling drastically.  More precisely, the metric is approaching -160,000 BTC, which is a reading not seen since late April 2025, citing data as of May 25.  For comparison, the figure was approaching a yearly record high of 229,000 on May 27, 2025, meaning the current levels represent a roughly 30% decrease in more or less twelve months.  Bitcoin apparent demand. Source:  Notably, the apparent demand has been in the negative for nearly the entirety of 2026 so far, with only a few brief positive periods in late February.  What does negative Bitcoin apparent demand mean?  Apparent demand is an on-chain metric used to measure whether Bitcoin buying pressure is strong enough to absorb newly available supply.  In short, when the indicator falls deep into negative territory, it tends to signal that incoming demand is failing to keep pace with the amount of BTC entering circulation.  Understandably, the drop in apparent demand reflects a broader shift in market behavior. After all, spot purchases represent direct capital inflow into Bitcoin and usually translate into more sustainable growth compared to, for instance,

05-25Industry

Crypto News Today: Consolidation Ties Down Top Tokens, Should You HODL or Trade?

Current Price: $76,700 – $77,500The Support Floor: The $75,000 demand shelf has been aggressively defended by buyers over the past two weeks. A secondary, stronger multi-month structural floor sits at $72,000, aligning with the 100-day moving average.The Resistance Ceiling: Overhead selling pressure is heavily concentrated between $77,450 and $78,000. To spark a true macro breakout, bulls must secure a clean daily candle close above $80,000.  Track these movements live on the Bitcoin Price Ticker.  Ethereum ($ETH) and Altcoin Stability  Mirroring the market leader, Ethereum is grinding inside a compressed zone just under its core psychological thresholds, occasionally threatening brief intraday breakouts before reverting back to its weekly average. Large-cap altcoins, including Solana ($SOL$) and XRP, are experiencing similarly suppressed daily volatility, driving the aggregate market Relative Strength Index (RSI) into a perfectly neutral stance.  Crypto Strategy: Should You HODL or Trade?  With the market locked in this specific pattern, your strategy depends entirely on your financial time horizon and risk tolerance. Here is how to break down your approach.  When to HODL: The Long-Term Macro View  If you are an investor looking at a multi-year horizon, this crypto consolidation phase is a gift. Historically, extended sideways grinds following sharp market recoveries represent healthy asset accumulation periods rather

05-25Industry

Ethereums Buterin: My Power Will Continue to Decrease

“The board is in the process of expanding, and my own power within the org will continue to decrease, which is honestly what I want,” Buterin stated.  He reiterated that the EF was never meant to be an “eternal steward” or the definitive center of the network.  Selling less ETH  Buterin has stressed that the EF operates with limited resources (it holds roughly) 0.16% of the total ETH supply. This is substantially less than the foundations behind many competing layer-1 blockchains.  The EF is currently in the process of restructuring its long-term treasury management. In such a way, it will be able to achieve long-term sustainability.  “The EF is choosing to use its remaining resources to pursue longevity over breadth (yes, this means we sell less ETH),” Buterin explained.  Chasing ‘impressive’ tech over pure speed  Buterin also notably took aim at the industrys obsession with chasing maximum throughput. This might come at the expense of decentralization and security.  He argued that simply achieving 250-millisecond latency and one million transactions per second (TPS) while sacrificing core network properties is a mistake.  “Being as fast and as scalable as possible, and only a small epsilon more decentralized than the others, is a route to mediocrity, and if we try it we

05-25Ethereum

Coinbase CEO Lists 8 Areas Where Global Finance Still Needs an Update

Tech  Coinbase CEO Lists 8 Areas Where Global Finance Still Needs an Update  Coinbase CEO Brian Armstrong identified eight finance priorities on May 24, placing tokenization, global trading, , artificial intelligence, regulation, access, capital formation, and sound money at the center of his agenda. He shared the list on X and framed the items as unfinished work for financial technology. Armstrong wrote:  “Major areas where the financial system still needs an update.”  Armstrongs first area was the tokenization of real-world assets ( ), including real estate, stocks, bonds, and funds. He said putting those assets on-chain could support instant settlement, fractional ownership, and wider distribution. The second area was 24/7 global trading, with pooled global , broader asset access, , and capital efficiency. Together, those points described a financial market structure built for faster settlement and wider participation.  Stablecoins formed the third area. Armstrong cited near-instant, low-cost global transfers, including payments made by autonomous AI agents. The fourth area was AI-powered risk, credit, compliance, and advice. He tied that category to better decisions, less fraud, broader capital access, and wider access to financial guidance.  Policy and Access Shape Armstrongs Next Finance Push  Innovation-friendly regulation marked the fifth area. Armstrong called for a shift from one-size-fits-all rules toward

05-25Industry

SpaceX Filing Reveals $18.7B Revenue and AI-Driven Losses Ahead of IPO

Tech  SpaceX Filing Reveals $18.7B Revenue and AI-Driven Losses Ahead of IPOSpaceX reported $18.7B in 2025 revenue, while losses topped $4.9B as AI costs rose fast.Starlink reached 10.3M subscribers and generated about $4.4B in 2025 operating income.SpaceX plans a Nasdaq IPO as AI data centers and an Anthropic deal drive wider expansion.  SpaceX has released its finances publicly for the first time as it prepares for a possible Nasdaq listing. The documents show higher revenue, deep losses, heavy AI spending, and Elon Musks wider plan to expand the company beyond rockets.  According to a New York Times report, SpaceX generated $18.7 billion in revenue in 2025, a 33% increase from the previous year. The revenue jump came with steep losses, as SpaceX reported a deficit of more than $4.9 billion.  SpaceX Revenue Grows While AI Costs Mount  However, costs rose as SpaceX spent heavily on artificial intelligence infrastructure, data centers, and future projects. Revenue also increased in early 2026. The platform reported first-quarter revenue of $4.7 billion, up from $4.1 billion in the same period a year earlier.  Losses rose at a sharper pace. The companys first-quarter loss reached $4.3 billion, almost equal to its full-year loss in 2025.  A major reason was capital spending. The filing

05-25Industry

Philippines pushes digital senior ID acceptance via eGovPH app

Tech  Philippines pushes digital senior ID acceptance via eGovPH app  The Philippines National Commission of Senior Citizens (NCSC) is has issued a reminder that senior citizens may use their digital National Senior Citizens ID (NSCID) to claim discounts, tax exemptions, government services, and other transactions that require their card.  The countrys senior citizens agency is pressing government offices, banks, financial institutions, and private establishments to honor the digital NSCID as valid proof of identity for individuals aged 60 and up, accessible through the eGovPH app.  “We call on all institutions and establishments to accept the digital NSCID in accordance with the law, similar to other government IDs available through the eGovPH App,” Ma. Merceditas Gutierrez, NCSC chairperson and chief executive officer, said.  The digital NSCID is an official government-issued ID that is used to make services easier and more convenient for senior citizens.  Under NCSC Public Advisory No. 1, series of 2026, the digital version of the NSCID may be used to avail of a 20% discount and VAT exemptions on goods such as medicines and foods, and services such as public transportation. It may also be used to access government assistance programs, benefits, priority accommodations, account opening, loan applications, benefit claims, and identity verification transactions.  “The

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