Author: James Wilson
Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often Summary Oxford Internet Institute researchers tested five AI models and found that warmer-trained chatbots made between 10% and 30% more factual errors. Warmer chatbots were 40% more likely to agree with users’ false beliefs, especially when users expressed vulnerability or emotional distress. OpenAI has already rolled back some warmth-related changes following public concern, but commercial pressure to build engaging AI remains strong. Oxford researchers found AI chatbots trained for warmth make significantly more factual errors and validate false beliefs more often,…
The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000. Summary The Bureau of Labor Statistics reported 115,000 nonfarm payroll jobs added in April, well above the 62,000 consensus estimate. Unemployment held at 4.3%, with gains concentrated in healthcare, transportation, warehousing, and retail trade. The strong April jobs report reduces pressure on the Federal Reserve to cut rates, a headwind for crypto and risk assets. The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000, according to data the Bureau of Labor Statistics released…
Google Chrome has been silently installing a 4GB AI model called Gemini Nano on users’ devices without consent, a researcher found. Summary Researcher Alexander Hanff documented Chrome secretly downloading a 4GB AI model called Gemini Nano to eligible devices without user notification or consent. The model reinstalls itself automatically if users delete it, and Chrome does not offer an opt-out prompt during installation. Hanff argues the practice likely violates the EU’s ePrivacy Directive and GDPR, raising legal questions that have not yet been tested in court. Google Chrome is silently installing a 4GB AI model on users’ devices without consent,…
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets totaling $16m through Seabury Trade Capital notes, and issued falsified account statements. Etana entered court-supervised liquidation in November 2025 with just $6.83m in cash against more than $26m in liabilities. Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds.…
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. Summary SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of 139.23M tokens. The 4H spot chart on MEXC printed a long upper wick at $1.2207 and reversed 3.11%, signaling sellers stepped in at resistance. The daily MA ribbon has fully flipped bullish with all four SMAs stacked below price, but the MACD on the 4H is issuing the first caution flag of the latest rally. SIREN price posted a 22%…
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it achieved just five months ago. Institutional trading volume on the platform surged 800% in six months, while annualized trading volume tripled from $52bn to $178bn. Kalshi accounts for over 90% of US prediction market activity and reports $1.5bn in annualized revenue with two million monthly users. Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling…
Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. Summary Tennessee’s Republican-controlled legislature passed a new congressional map splitting Memphis, a majority-Black city, into three separate districts. The move comes eight days after the Supreme Court gutted the Voting Rights Act’s racial gerrymandering protections in a major redistricting ruling. The new map positions Republicans to win all nine of Tennessee’s US House seats and draws out the state’s only Democratic congressman, Steve Cohen. Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. The Republican-controlled…
NATO allies are openly questioning whether the US should still lead the alliance following Trump’s decision to launch strikes on Iran without consulting them. Summary European leaders are seriously considering a future in which the US no longer leads NATO, following disputes over the Iran war. Trump left NATO in the dark before launching strikes on Iran and then demanded alliance support to reopen the Strait of Hormuz. Analysts say Germany, France, the UK, and Poland are the most likely bloc to assume collective NATO leadership if the US retreats. NATO allies are questioning US leadership after Trump launched strikes…
Since the start of the 2026 Iran war, Bitcoin has outperformed gold by roughly 35–36% on a relative basis, as BTC rose mid‑single digits while gold slipped and the BTC/gold ratio surged. Summary Since the start of the 2026 Iran war, Bitcoin has outpaced gold by about 35–36% on a relative basis, as the BTC/gold ratio surged. BTC is up roughly 7–10% over the conflict period, while gold has been flat to down, a sharp reversal of the traditional “gold as safe haven” pattern. Analysts say ETF inflows, the “digital gold” narrative, and macro positioning helped Bitcoin behave more like…
Revolut briefly showed Bitcoin trading near zero for some users while every major exchange and index still had BTC around $79,000. Summary Revolut briefly showed Bitcoin trading at near-zero levels for some users, even as every major exchange and index provider had BTC around $79,000. The anomaly appears isolated to Revolut’s pricing and display stack, raising hard questions about how neobanks source liquidity, route orders, and protect clients from internal misfires. At Revolut’s scale — 70 million users, over $1 trillion in annual volume — this isn’t a meme; it’s a structural warning about app-layer infrastructure in a market that…