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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

05-25

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

05-25

VItalik Buterin Defends Long-Term Vision Amid Token Price Concerns

Tech　　VItalik Buterin Defends Long-Term Vision Amid Token Price ConcernsButerin said that other foundations often keep 10–50% of their native tokens, whereas the EF only holds around 0.16 percent of total ETH.On Sunday, Buterin said that the Ethereum Foundation will prioritize “longevity” and use its resources to support research　　Vitalik Buterin, co-founder of Ethereum, addressed the rising concerns leveled against the Ethereum Foundation, arguing that it should do more to promote and maintain token pricing.　　According to Buterin, the Foundation will stick to its stated goals of supporting decentralization of the Ethereum Protocol, open source software code, cybersecurity, long-range research, and censorship-resistance.　　Focus Remains on Decentralization, Security, and Research　　It is not the goal of the Ethereum Foundation to compete with high-throughput chains or expand to 1 million transactions per second; rather, they want to improve Ethereums cybersecurity and code base. “Now, we are taking action to ensure that we will be the latter,” he stated.　　With the current price of the cryptocurrency sitting at about $2,094, more than 50% below its all-time high of over $5,000 achieved in August 2025, and after high-profile exits from the Ethereum Foundation and the sale of all ETH holdings by some significant investors, the remarks are understandable. He said

05-25

Kalshi backs prediction markets lobby group with former Trump official

Kalshi has backed a new advocacy group, Americans for Fair Markets, as the prediction market industry faces rising pressure from casinos, sportsbooks, state regulators, and Congress. Kalshi-backed Americans for Fair Markets will lobby for federal prediction market rules and consumer protections.The launch comes as Congress now probes Kalshi and Polymarket over insider trading control systems.State gambling cases keep pressure on platforms seeking CFTC-led oversight of event contracts nationwide.　　The group launched with Taylor Budowich, a former deputy White House chief of staff, as strategic advisor.　　Americans for Fair Markets plans to shape federal policy for prediction markets and federally regulated exchanges. Kalshi said the group will support paid and earned campaigns against what it called “false narratives about prediction markets” from sportsbook and casino interests.　　The group also said it will support consumer rules for regulated platforms. Its stated priorities include know-your-customer checks, bans on insider trading, full CFTC funding, and limits on contracts tied to war, death, terrorism, and assassination.　　JUST IN: Prediction market platform Kalshi launched a new advocacy group aimed at pushing back against growing anti-prediction market lobbying efforts in Washington. pic.twitter.com/1bkAjCDqfB　　— EyeWhales (@EyeWhales) May 25, 2026　　Former Trump aide joins the policy push　　Taylor Budowich‘s role gives the group a direct link

05-25

3 Token Unlocks to Watch in the Final Week of May 2026

Tech　　3 Token Unlocks to Watch in the Final Week of May 2026　　The crypto market will welcome tokens worth more than $655 million in the final week of May 2026. Three major projects, Huma Finance (HUMA), Plasma (XPL), and Sahara AI(SAHARA), will release previously restricted tokens into circulation.　　Token unlocks are crucial events in the crypto market, influencing liquidity, price volatility, and overall investor sentiment. So, heres a breakdown of what to watch.　　1. Huma Finance (HUMA)Unlock Date: May 26Number of Tokens to be Unlocked: 458.75 million HUMAReleased Supply: 2.29 billion HUMATotal supply: 10 billion HUMA　　Huma Finance is a PayFi (Payment Finance) network. It enables global payment institutions to settle transactions 24/7 using stablecoins and on-chain liquidity.　　On May 26, the protocol will unlock 458.75 million tokens. The tokens are worth $11.64 million and account for 20.04% of the released supply.　　HUMA Crypto Token Unlock in May. Source: Tokenomist　　The team will split the released supply three ways. Investors will receive 171.67 million altcoins. Furthermore, the team and advisors will get 160.83 million HUMA. Finally, Huma Finance will allocate 126.25 million altcoins to the protocol treasury.　　2. Plasma (XPL)Unlock Date: May 25Number of Tokens to be Unlocked: 88.89 million XPLReleased Supply: 2.41 billion XPLTotal supply: 10 billion

05-25

Coinbase CEO Says Financial System Needs Update Across 8 Areas

Coinbase CEO Brian Armstrong published an eight-point list naming tokenized assets, stablecoins, artificial intelligence (AI), and sound money as areas he says the global financial system still needs updates.　　Armstrong framed the items as work for both technology builders and policymakers.　　Coinbase Agenda Lands With Tokenization Surging　　The post arrived as tokenized real-world assets (RWAs) crossed $34.9 billion in May 2026, according to data from RWA.xyz. The figure shows growth of roughly 200% over the past year.　　Armstrong called for putting real estate, stocks, bonds, and funds onchain. He argued the shift would enable instant settlement, fractional ownership, and broader distribution to global investors.　　He also pushed for continuous global markets with pooled liquidity. The Coinbase chief said 24/7 trading could improve capital efficiency and expand access to leveraged products.　　Major areas where the financial system still needs an update:　　1. Tokenization of real-world assets – Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.　　2. 24/7 Global trading – Pooled global liquidity, every…　　— Brian Armstrong (@brian_armstrong) May 24, 2026　　Stablecoins, AI Compliance and Regulation Round Out the List　　Meanwhile, stablecoin payments also featured in the post, including transfers between autonomous AI agents. Coinbase already operates x402, a stablecoin payment protocol that has processed

05-25

FET targets $0.22 after 10% rally - So why are traders still cautious?

Tech　　FET targets $0.22 after 10% rally – So why are traders still cautious？　　Artificial Superintelligence Alliance [FET] is currently benefiting from a rally linked to the broader artificial intelligence token narrative. The asset posted a 10% gain at press time, as chart projections point to another double-digit move to the upside.　　Despite this, there is a high probability that the rally may not fully materialize, as opposing forces point to weakening buyer strength in the FET market.　　FET forms a bullish flag pattern 　　At the time of writing, FET was trading within a classic bullish flag pattern, a formation that has historically preceded significant price swings to the upside. The pattern forms when an asset undergoes a massive expansion in price, then consolidates within a slightly downward-trending channel before making another major upswing.　　FET has already passed through two phases of this pattern, completing the initial expansion and currently consolidating within the downward channel.　　Source: TradingView　　The third and final phase would see FET break above the upper resistance of the downward channel, with two price targets ahead: $0.22 and $0.24.　　Whether this expansion materializes, however, depends heavily on whether momentum and capital conditions align to support the breakout.　　FET capital outflow dominates　　The momentum picture on the chart

05-25

Gold sticks to gains as Iran talks weigh on USD, upside seems limited

Gold struggles to capitalize on the intraday move up amid a bearish technical setup　　From a technical perspective, the XAU/USD pair holds within a downward parallel channel. The channel ceiling coincides with the 200-period Exponential Moving Average (EMA) on the 4-hour chart, forming a cluster resistance near the $4,650 area, suggesting that rallies remain vulnerable despite the positive undertone in momentum. The Moving Average Convergence Divergence (MACD) is above zero, and the histogram is still positive. Moreover, the Relative Strength Index (RSI) hovers in the mid-50s, hinting at a tentative recovery rather than a clear trend shift.　　On the downside, the lower boundary of the parallel channel around $4,360 marks the next key support area. A break beneath this floor would reinforce the broader bearish structure and open the door to a deeper correction within the medium-term downtrend.

05-25

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

05-25

Kalshi backs prediction markets lobby group with former Trump official

Kalshi has backed a new advocacy group, Americans for Fair Markets, as the prediction market industry faces rising pressure from casinos, sportsbooks, state regulators, and Congress. Kalshi-backed Americans for Fair Markets will lobby for federal prediction market rules and consumer protections.The launch comes as Congress now probes Kalshi and Polymarket over insider trading control systems.State gambling cases keep pressure on platforms seeking CFTC-led oversight of event contracts nationwide.　　The group launched with Taylor Budowich, a former deputy White House chief of staff, as strategic advisor.　　Americans for Fair Markets plans to shape federal policy for prediction markets and federally regulated exchanges. Kalshi said the group will support paid and earned campaigns against what it called “false narratives about prediction markets” from sportsbook and casino interests.　　The group also said it will support consumer rules for regulated platforms. Its stated priorities include know-your-customer checks, bans on insider trading, full CFTC funding, and limits on contracts tied to war, death, terrorism, and assassination.　　JUST IN: Prediction market platform Kalshi launched a new advocacy group aimed at pushing back against growing anti-prediction market lobbying efforts in Washington. pic.twitter.com/1bkAjCDqfB　　— EyeWhales (@EyeWhales) May 25, 2026　　Former Trump aide joins the policy push　　Taylor Budowich‘s role gives the group a direct link

05-25