Key Takeaways Pope Leo XIV’s 1st AI encyclical warns that unregulated tech threatens labor, demanding new social rules next. The Catholic Church rejects using AI just for profit, next urging markets to prioritize a human-centric goal. Pope Leo XIV next urges global regulators to shift away from GDP toward a new metric for overall well-being.
Key Takeaways Iranian negotiators including Foreign Minister Abbas Araghchi arrived in Doha on May 25, 2026, for U.S. peace talks. Brent crude fell roughly 4-6% to near $95-97 per barrel on hopes of reopening the Strait of Hormuz. Bitcoin held at $77,699 as traders priced in potential de-escalation, with a $12 billion Iranian asset release
Key Takeaways Indonesia’s Ministry of Communication and Digital Affairs blocked Polymarket on May 22, 2026, citing online gambling laws. The ban followed a Polymarket market on President Prabowo Subianto leaving office before his 2029 term ends. Indonesian authorities have frozen over 33,000 bank accounts in 2026 as part of a broader crackdown on online betting.
Key Takeaways Wallet 0x50b3 opened a $100.33M ETH short at 23x leverage on Hyperliquid. The position liquidates if ETH reaches $2,149.84, less than 2% above the ~$2,109 entry price. Hyperliquid processed over $176B in 30-day trading volume as nine-figure leveraged bets have also intensified over the same time period. A Nine-Figure Bet Against Ether Wallet
Key Takeaways A Hyperliquid whale unstaked 443,180 HYPE ($27M) and sold 231,899 HYPE ($14.15M) as the trader’s short position came under pressure. HYPE reached a new all-time high of $64.21 on May 24, squeezing multiple short positions across the platform. The trader still holds a 141,500 HYPE short worth $8.67M as 211,281 remaining tokens continue
Key Takeaways IHC executed a landmark $30 million transaction using the new DDSC token on ADI Chain. This milestone expands the UAE crypto market, following approvals for Mbank’s AE Coin and Zand’s AEDZ. Developers now plan to connect the Middle East with global markets via new DDSC digital trade corridors. Major Institutional Transaction Executed The
Key Takeaways Vitalik Buterin flagged ‘relay dependence’ on X as a fragility concern for Ethereum’s smart wallet users. FOCIL and EIP-8141 are targeted for the Hegota upgrade in late 2026 to rebuild the public mempool. EIP-7701 enables native account abstraction for Ethereum wallets, expected with the Hegota fork. The Problem With Relays Smart contract wallets
Decentralized prediction market Polymarket has launched an active betting contract on the outcome of Vice President Sara Duterte’s upcoming impeachment trial, allowing global cryptocurrency users to wager on whether the Philippine Senate will convict her. The deployment of the localized contract occurs alongside ongoing network-level restrictions, with users on Globe Telecom finding the platform blocked
Key Takeaways After securing a €5B deal, Mexico and the EU will next collaborate to curb global crypto money laundering. The talks will focus on targeting groups like the Sinaloa Cartel, which use crypto flows to launder money globally. Both governments will next advance a dialogue to deal with crypto threats. Mexico and the EU
Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected to a standard “Access Restricted” landing page hosted by the Cybercrime Investigation and Coordinating Center (CICC): Polymarket blocked by Globe ISP in the Philippines. When accessing the