Gate Cryptocurrency News and Market Analysis

According to the New York Post, on May 6, OpenAI CEO Greg Brockman testified in federal court in Oakland, California, on May 5, disclosing that when Musk stepped down from OpenAI’s board in 2018, he delivered an all-hands speech saying that when he pushed AI at Tesla, he “wouldn’t spend time on safety,” and that in 2017 he and OpenAI co-founder negotiated over equity stakes in a tense, close-to-violent confrontation.

Cloudflare's Chief Strategy Officer said that more than half of internet traffic is now non-human, highlighting a shift in web dynamics driven by AI agents. According to the executive, the x402 Foundation is building infrastructure to support a "golden age of content" despite these economic

South Korean battery makers SK On, LG Energy Solution, and Samsung SDI are experiencing mounting pressure in the US market as major automakers cancel or delay electric vehicle projects, disrupting planned battery supply agreements, according to The Korea Times. US EV Project Cancellations Impact

According to a report by Bitcoin Magazine on May 6, U.S. Republican Senator Bernie Moreno said the Senate will consider the “Digital Asset Market Transparency Act” (CLARITY Act) “next week”; Moreno said: “We will put it on the president’s desk by the end of June, and he will sign it into law before July 4.”

Robinhood's senior vice president Johan Kerbrart stated that overseas demand for U.S. equities is growing, driven by three key factors: tokenization, 24-hour trading, and regulatory shifts. According to Kerbrart, these developments are enabling broader investor access to U.S. markets beyond

Polygon announced on May 5 via its official X account that it has partnered with Hinkal to launch a private stablecoin payment solution based on zero-knowledge proofs (ZKPs), supporting private transfers of USDC and USDT via the Polygon network. The solution also integrates a transaction review (KYT) mechanism, allowing regulators to verify transaction compliance while protecting transaction privacy.

Kraken co-CEO Arjun Sethi stated the cryptocurrency exchange is "80% ready" to go public, as the platform announced a new partnership with MoneyGram to address last-mile cash conversion challenges in digital asset access. IPO Readiness According to Sethi, Kraken has made substantial progress

Indian cybersecurity firms including Indusface and Astra Security are adopting AI agents built on large language models to accelerate software vulnerability testing from days or weeks to hours, according to The Economic Times. The shift reflects growing attacker speed and AI tools' emerging ability

According to Cointelegraph on May 6, market data provider Kaiko released a report on Monday saying that ahead of Robinhood’s announcement to list multiple tokens, the perpetual futures market showed abnormal open interest, funding rates, and on-chain trading patterns. In the report, Kaiko research analyst Laurens Fraussen questioned whether the above phenomena reflect that some traders had already positioned themselves before the announcement was released.

Rivian is developing multiple variants of its lower-cost R2 electric vehicle and expects to begin deliveries around June, according to Reuters. The US electric vehicle maker recently started volume production of the R2, which is central to its growth strategy. Rivian chief executive RJ Scaringe

Xbox CEO Asha Sharma announced on X on May 6 that Xbox will stop developing the AI Copilot on the console side and will gradually shut down the Copilot service on mobile devices. According to IGN, Sharma sent an internal memo to Xbox employees on the same day, saying that the Xbox team is undergoing a major transformation and has appointed new leadership to accelerate execution.

Executives from PayPal, Robinhood, Public.com, and 248 Ventures told Consensus Miami attendees that transparency—not technology alone—is the key to driving retail adoption of cryptocurrency and AI. The panelists emphasized that the industry must prioritize user control and clarity over rapid

Pi Network co-founder Dr. Chengdiao Fan and Nicolas Kokkalis announced at the Consensus 2026 conference held in Miami on May 6 and 7 that Protocol 23 will be activated on May 11, a major upgrade introducing the first full smart contract capabilities for the Pi blockchain.

K Wave Media, a Nasdaq-listed Korean media and entertainment firm, announced it will redirect up to US$485 million from a planned bitcoin treasury strategy into AI infrastructure including data centers, GPU compute, and acquisitions, according to CoinDesk. The move amends a US$500 million

According to coverage of the Consensus Miami 2026 conference held on May 6, Solana co-founder Anatoly Yakovenko (Toly) said during a fireside discussion that the Solana network’s major upgrade “Alpenglow” is expected to be released this year, with the earliest possible rollout in the next quarter.

On May 6, the United States announced the end of Operation Epic Rage and the suspension of the Hormuz Freedom Plan. Bitcoin rebounded to $81,700, easing market sentiment.

Indian fabless chip startup BigEndian Semiconductors announced on May 6 that it raised US$6 million in a funding round led by IAN Alpha Fund to commercialize its first system-on-chip and expand engineering operations. The round also included investors Vertex

According to Protos’ report on May 5, Bitcoin Core developers publicly disclosed a high-severity vulnerability, CVE-2024-52911, on the official website. The flaw allows miners to crash other users’ nodes remotely by mining specially crafted blocks and execute code under certain conditions. Because upgrading to the latest version is voluntary for full Bitcoin nodes, it is currently estimated that around 43% of nodes are still running vulnerable outdated software.