News
Iran closes Strait of Hormuz, disrupting global oil transit
- By Adam Forsyth
- . May 7, 2026
## Market Snapshot The market for “Will 20 ships transit the Strait of Hormuz on any day by May 31?” currently prices at 76% YES.
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
- By Abigail Avery
- . May 7, 2026
Lachy Groom, one of Silicon Valley’s most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes into his first meeting with
Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push
- By Joseph Rees
- . May 7, 2026
Key Takeaways Evernorth named new board members and executives ahead of its planned public listing. Ripple’s legal chief, Stuart Alderoty, is expected to join the
Bitcoin ETF News: Flows Cross $58Bn and Why Wall Street Isn’t Selling
- By Adam Forsyth
- . May 7, 2026
In the latest Bitcoin ETF news, spot ETF flows have now accumulated $59.6Bn in cumulative net inflows since their January 2024 launch, and the two
Level Up Your Career with Global Courses and Verified CPD Certificates
- By Abigail Avery
- . May 7, 2026
Accelerate your professional development plans with a one-year subscription to ExpertEase Global for 74% off. The post Level Up Your Career with Global Courses and
After Disputing LayerZero Claims, KelpDAO Prepares Chainlink CCIP Migration
- By Adam Forsyth
- . May 6, 2026
KelpDAO plans to adopt Chainlink CCIP after the massive exploit last month. KelpDAO has publicly disputed claims made by LayerZero Labs regarding the April
Apple was sued for overpromising on AI. Now it’s paying $250 million to iPhone users.
- By Abigail Avery
- . May 6, 2026
Apple has reached a $250 million settlement in a lawsuit that accused the company of exaggerating Apple Intelligence’s intelligence. The suit claimed that Apple misled
Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules
- By Joseph Rees
- . May 6, 2026
Key Takeaways Circle supported OCC rules for payment stablecoins under a national licensing framework. Uniform standards could reduce arbitrage, protect users, and support trusted digital
Erik Reppel says AI agents will kill online ads
- By Adam Forsyth
- . May 6, 2026
Erik Reppel said at Consensus Miami 2026 that AI agents bypass internet ads entirely, threatening the web’s core business model and pointing to x402 stablecoin
A Kid With a Fake Mustache Tricked an Online Age-Verification Tool
- By Abigail Avery
- . May 6, 2026
Meta is beefing up its age-verification mechanisms with an AI system that analyzes images and videos on Instagram and Facebook for “visual cues,” such as