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VC warns PwC, Accenture: deploying OpenAI, Anthropic is letting the fox in the hen house

Chamath Palihapitiya says consulting giants are helping OpenAI and Anthropic build the firms that may replace them.Chamath Palihapitiya says consulting giants like PwC and Accenture are endangering their own businesses by directly embedding OpenAI or Anthropic tools without maintaining control over token generation.OpenAI launched the OpenAI Deployment Company with over $4 billion in funding at a $10 billion valuation, while Anthropic raised $1.5 billion for a rival enterprise services venture — both directly competing with traditional consulting firms.Palihapitiyas own firm, 8090, has partnered with EY on an AI-native software delivery platform called EY.ai PDLC, which he says gives consultants the “control plane” needed to route AI tokens to any model provider.　　Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name for what he describes as a self-defeating AI strategy — one that he says hands OpenAI and Anthropic the keys to their own replacement.　　If you are running a consulting business and you are deploying Anthropic or OpenAI directly into your organization (Im looking at you PwC and Accenture) you are letting the fox into the hen house.　　“If you are running a consulting business and you are deploying

05-19

Ethereum Price Prediction: ETH Faces Pressure as Layer-2 Activity Rises

ETH price pressured as Layer-2 growth raises concerns over Ethereum fee demand and burn.Analysts cite a bearish structure as ETH breaks a descending triangle and tests key support.Institutional moves and mixed forecasts add uncertainty, with ETH needing to reclaim key resistance for strength.　　Ethereum has been struggling again, but traders are now focused on something much bigger than another correction. A growing number of investors are starting to question whether Ethereums own Layer-2 success is slowly weakening demand for ETH itself.　　That discussion gained attention and AIXBT noted that most activity is now happening on Layer-2 networks like Base, Arbitrum, and Optimism, where transaction fees are far cheaper than Ethereum mainnet.　　Layer-2 growth and ETH demand pressure　　AIXBT shared that Ethereums scaling strategy may have created an unexpected problem. Networks like Base, Arbitrum, and Optimism are processing record transaction activity, but most users are no longer interacting with Ethereum mainnet directly because Layer-2 fees are dramatically cheaper.　　That matters because Ethereums burn mechanics depend heavily on activity happening on the main chain. As more transactions move to Layer-2 networks and settle in batches for very low costs, the amount of ETH being burned through fees has dropped sharply compared to earlier cycles.　　At the same time,

05-19

S&P 500 rally faces pressure as Wall Street warns of inflation risks

The S&P 500s rally this year has been the kind of run that makes investors feel smart. Earnings came in hot, mega-caps kept delivering, and the broader market rode the wave higher. But Wall Street strategists are now flagging a familiar villain that could unravel the whole thing: inflation.　　After months of relatively cooperative macro data, the inflation picture is getting murkier. Rising energy prices, climbing Treasury yields, and a market thats suddenly repricing rate expectations have combined to create the kind of environment where rallies go to get tested.　　The May 15 selloff told the story　　On May 15, the major indexes took a hit that captured the shifting mood. The Dow dropped 1%, the S&P 500 fell 1.25%, and the Nasdaq slid more than 1.5%.　　The catalyst was straightforward: surging energy prices stoked fears that inflation isnt done being a problem. Higher oil prices feed directly into consumer costs, transportation expenses, and corporate margins. When energy moves, everything downstream moves with it.　　Treasury yields rose in tandem, which is the market‘s way of saying it thinks the Federal Reserve might need to keep rates higher for longer than previously hoped. For equity investors, that’s not just an abstract concern. Higher yields make bonds

05-19

Iran’s Nobitex moved $2.3 billion through crypto networks tied to Trump

Nobitex, Irans biggest crypto exchange, handled at least $2.3 billion on Tron and BNB Chain since 2023, based on a blockchain investigation by Reuters.　　The two networks were built around Justin Sun and Changpeng Zhao, two crypto billionaires who also gave early support to World Liberty Financial, the Trump familys crypto project.　　The money kept running through those chains as the United States and Israel continue their war against Iran.　　Iranian users sent billions through chains linked to Sun and Zhao　　Since January 1, 2023, Nobitex handled more than $2 billion on Tron, and it also handled at least $317 million on BNB Chain, the network once known as Binance Smart Chain.　　Since Trumps war started in February, at least $22.6 million passed through Nobitex on BNB Chain, while at least $550,000 went through Tron.　　Nobitex is used by regular Iranians and sanctioned Iranian bodies, and it is allegedly controlled by two brothers from a powerful Iranian family with ties to Irans new supreme leader.　　But Nobitex has vehemently denied direct Iranian government ties, as well as helping the state, saying that any illegal funds that passed through its platform did so without approval or knowledge from management.　　Nevertheless, the exchange has been a major part of Irans

05-19

Bitcoin Repeating Previous Breakdown Structure—Is BTC Price Headed Toward $55K Next?

The post Bitcoin Repeating Previous Breakdown Structure—Is BTC Price Headed Toward $55K Next？ appeared first on Coinpedia Fintech News　　Bitcoin continues to trade under mounting long-term bearish pressure as the price struggles to reclaim crucial resistance zones after losing a major market structure earlier this year. Although the BTC price managed to trigger a short-term rebound from the recent lows, the broader weekly structure still resembles the previous breakdown pattern that triggered a nearly 25% correction.　　At the same time, concerns are growing across the market after Bitcoin once again moved above the Short-Term Holder Realized Price during an apparent bear-market phase. This setup historically precedes sharp downside moves. With momentum indicators weakening and liquidity inflows fading, traders are increasingly watching whether Bitcoin is preparing for another major leg down toward the $55,000 region.　　BTC Price Analysis: Bitcoin Faces a Rejection From Key Levels　　As seen in the chart above, the BTC price continues to trade within a developing bear flag structure after facing rejection near the $90,000 resistance zone. The recent recovery attempt failed to reclaim the upper resistance trend line, while the price has now slipped back below the mid-range support near $76,000. The structure closely resembles the previous breakdown pattern that

05-19

How Did Claude AI Help Recover 5 BTC Locked Crypto Wallet for 11Y?

A Bitcoin holder using the name cprkrn on X said he recovered 5 BTC from a wallet that had been inaccessible for more than 11 years after using Anthropics Claude AI to review old computer files and assist with the recovery process.　　The Bitcoin was worth close to $400,000 at a Bitcoin price near $79,622. The user said the funds had been locked after he changed a Blockchain.com wallet password years ago and later lost access to the correct credentials.　　Claude AI Helped Locate BTC Old Wallet Backup　　According to posts shared by cprkrn, the recovery began after he uploaded old college computer files, notes, and wallet-related data to Claude as a final attempt. The AI system reportedly identified an old encrypted wallet backup file among the stored material.　　The user said Claude then helped review the recovery workflow using btcrecover, an open-source tool widely used for crypto wallet password recovery. Screenshots posted to X showed Claude analyzing the decryption process and identifying how the tool handled password logic.　　The recovery depended on an old mnemonic and password information that the user said he had found in a college notebook. Claude reportedly helped match that information with the old wallet backup, allowing the user to

05-19

Sleepagotchi Launches AI Sleep Coach as It Expands Into AI Wellness

Sleepagotchi has launched its AI Sleep Coach MVP, available now as the first product in its planned AI wellness ecosystem.Kenny Wood has joined as CEO, with founding CEO Anton Kraminkin becoming strategic advisor.The platform reports 2 million all-time Telegram Lite users, more than $100,000 in revenue during a recent three-week beta, and live integrations with Whoop, Oura, and Apple Watch.　　Sleepagotchi has launched its AI Sleep Coach MVP and appointed Kenny Wood as CEO, marking a new product phase for the Solana-based wellness platform.　　The company started with gamified sleep rewards and now aims to build an AI wellness ecosystem around user-owned health data, wearable integrations, and token-enabled rewards.　　According to the announcement, 78% of users open the app within 10 minutes of waking, while the Telegram-based Lite version has reached 2 million all-time users. During a recent three-week beta, Sleepagotchi generated more than $100,000 in revenue.　　The AI Sleep Coach is now available and gives users the first view of the companys new product direction. Sleepagotchi wants to turn daily wellness data into personalized guidance, rewards, and permissioned value for users who create the data.　　Sleep Rewards Become an AI Wellness Product　　Sleepagotchi built its first user experience around sleep rewards and gamified habit loops.

05-19

Ethereum Whales Flood Binance With 225,000 ETH In Largest Inflow Since 2022

Sebastians journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.　　To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastians goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape.　　To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.　　Sebastians passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and

05-19

U.S. Nears Strategic Bitcoin Reserve Rollout, Says Official

The White House confirmed that it will soon announce details about the Strategic Bitcoin Reserve.Patrick Witt said the administration completed key legal steps to secure the reserve.President Donald Trump signed the executive order creating the reserve on March 6, 2025.The reserve currently holds about 328,372 BTC from law enforcement seizures and forfeitures.The executive order prohibits the Treasury Department from selling any bitcoin in the reserve.A breach at the U.S. Marshals Service exposed weaknesses in crypto custody systems.　　The White House plans to announce new details on the U.S. Bitcoin reserve soon. A senior official confirmed that the administration completed key legal work. The update signals progress on the governments Strategic Bitcoin Reserve.　　Patrick Witt, Executive Director of the President‘s Council of Advisors for Digital Assets, confirmed the development this week. He said the administration resolved major legal questions tied to the reserve. “We’ll have an announcement,” Witt said, while declining to provide further specifics.　　Witt described the development as a legal and operational milestone. He said the team ensured the structure remains legally sound and properly safeguards assets. He added that the administration had completed the most difficult phase of the process.　　Strategic Bitcoin Reserve Framework Nears Completion　　President Donald Trump signed an executive order

05-19

Zcash Gained 74.13% in Last Month and is Predicted to Reach $611.78 By May 23, 2026

Zcash is up 5.72% today against the US DollarZEC/BTC increased by 6.16% todayZEC/ETH increased by 5.50% todayZcash is currently trading 8.24% below our prediction on May 23, 2026Zcash gained 74.13% in the last month and is up 1,248.25% since 1 year agoZcash price$ 561.38Zcash prediction$ 611.78SentimentFear & Greed indexKey support levels$ 503.29, $ 472.63, $ 447.79Key resistance levels$ 558.79, $ 583.63, $ 614.29　　ZEC price is expected to rise by 8.11% in the next 5 days according to our Zcash price prediction　　Zcash price today is trading at $ 561.38 after gaining 5.72% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.11% in the same time period. ZEC performed well against BTC today and recorded a 6.16% gain against the worlds largest cryptocurrency.　　According to our Zcash price prediction, ZEC is expected to reach a price of $ 611.78 by May 23, 2026. This would represent a 8.11% price increase for ZEC in the next 5 days.　　ZEC Price Prediction Chart　　Buy/Sell Zcash　　What has been going on with Zcash in the last 30 days　　Zcash has been displaying a positive trend recently, as the coin gained 74.13% in the last 30-days. The medium-term trend for

05-19

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