Tag: News

An AI Cracks an 80-Year-Old Geometry Puzzle. What Do Mathematicians Make of It? – Bitcoin News

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Key Takeaways OpenAI solved Paul Erdős’ 1946 puzzle with n^(1+δ) unit-distance constructions. Princeton verified the result, giving AI a 2026 credibility boost in mathematics. Tim Gowers says the advance could influence cryptography and proofs beyond geometry. An 80-year-old geometry riddle finally budged when an OpenAI system stitched together an unlikely construction that beat long-standing expectations. The unit distance problem, posed by Paul Erdős in 1946, asks how many pairs of points exactly one unit apart can exist among n points in the plane; the AI found configurations that grow faster…

Trump Demands Fort Knox Audit After CIA Official Seized With $40M in Gold Bars – Bitcoin News

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Key Takeaways FBI agents seized 303 gold bars worth approximately $40M from former CIA official David Rush around May 27, 2026. Fort Knox holds ~147M troy ounces of gold worth an estimated $662B at current market prices, last independently audited in 1953. Trump has called for a Fort Knox audit, but no date has been set as of May 31, with Rep. Massie’s H.R. 3795 still pending in Congress. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing that it was “time to physically audit Fort…

Youtuber Warns Bitcoin Bottom Is Not In as Stablecoin Dominance Hits Risk-off Level – Bitcoin News

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Key Takeaways Tether burned $1.2 billion in 24 hours on May 31, matching a pattern that preceded Bitcoin’s drop from $90,000 to $60,000 in February 2026. Blackrock removed $2.1 billion in bitcoin over ten days while firms like Strive acquired 1,100 BTC in a single session, reflecting a split in institutional conviction. Polymarket priced an 85% chance Bitcoin reaches $70,000 before $90,000, with TradingView moving averages confirming a strong sell posture at current levels. 1-Hour Chart: Compression at Resistance On the 1-hour chart, bitcoin has built a series of higher…

Utahns warned of suspected fraud by cryptocurrency investment firm BG Wealth Sharing

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A Utah woman thought she found a perfect investment opportunity that would help her make some side money. But after putting in thousands of dollars for herself, her husband and her daughter, she said she fears all that money is now gone. —- Socials for KSL TV: Socials for KSL NewsRadio: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Expert Says Bitcoin Miners Are Expanding Beyond Mining Into Energy Infrastructure – Bitcoin News

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Key Takeaways Bitcoin difficulty rose 1.72% on May 29 as hashrate topped 1.02 ZH/s. Hashrate Index data shows hashprice fell 13.56% from the month’s high, squeezing miner margins in May. Renewablox Co-CEO sees bitcoin mining evolving beyond hashpower as the June 12 difficulty epoch nears. Bitcoin Difficulty Nears 139 Trillion and Sees Industry Transformation Bitcoin’s price spent the past seven days pacing between $72,800 and $77,700, according to market data. Those price levels have tightened the screws on mining profitability, weighing on bitcoin mining revenue, or the value generated by…

Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist – Bitcoin News

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Key Takeaways Circle blacklisted Zama’s cUSDC Ethereum contract on May 30, 2026, freezing $12.6M in pooled USDC funds. A U.S. federal court TRO tied to Newton AC/DC Fund LP’s lawsuit against Maxim Ermilov triggered the freeze. Zama plans to isolate the flagged deposit before a June 1 hearing to restore access for unaffected users. Circle’s Zama Blacklist Freezes $12.6M, Raising Questions About USDC Use in DeFi Contracts The frozen address, 0xe978F22157048E5DB8E5d07971376e86671672B2, is labeled “Zama: cUSDC Token” on Etherscan and in Zama’s own documentation. It functions as a pooled confidential USDC…

Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at Reagan Forum – Bitcoin News

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Key Takeaways Treasury Secretary Scott Bessent says the U.S. has seized roughly $1 billion in Iranian crypto under Operation Economic Fury. Tether froze $344 million in USDT on Tron addresses tied to the IRGC and Central Bank of Iran on April 24, 2026. Iran faces 200%-plus hyperinflation and unpaid troops as Bessent signals continued seizures and conditional sanctions relief talks. Operation Economic Fury: Scott Bessent Says U.S. Seized $1B in Iranian Crypto, Wallets Grabbed Without Warning Bessent made the disclosure during a live interview with Fox Business host Larry Kudlow,…

He Bought a Hard Drive He Thought Was New, but When He Plugged It in He Found 800 GB of Data Worth Thousands of Dollars – Bitcoin News

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Key Takeaways. Reddit user All-Seeing_Hands found 800GB on a “new” 1TB SSD, raising marketplace concerns. Kontakt and Reaktor files sparked piracy and malware fears across online storage sales. Seagate-linked counterfeit cases highlight why buyers should verify drives before use in 2026. A Redditor who thought they were unboxing a pristine 1TB SSD instead plugged in a drive that looked like a producer’s stash, stuffed with hundreds of gigabytes of music tools like Kontakt and Reaktor. The surprise windfall quickly turned into a trust test for online marketplaces, raising questions about…

TRUTH REVEALED About GOLDMAN SACHS DUMPS ALL XRP & SOLANA ETFs! 13F Filing

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io TRUTH REVEALED About GOLDMAN SACHS DUMPS ALL XRP & SOLANA ETFs! 13F Filing There’s a lot of confusion about Goldman Sachs dumping all of their XRP and Solana holdings. This is an incredibly complicated topic, primarily because of the way the 13 FSCC filing works. Let’s go ahead and clear up the rumor and talk about what Goldman Sachs actually did. Drop me a comment below, babe, I read them all. Support The O Show with Ref Links: ✨Get $100 with ITRUST…

Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026 – Bitcoin News

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Key Takeaways Regional news outlets report that Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026. The deal gives Upbit, South Korea’s largest crypto exchange by volume, direct ties to major finance firms. Samsung Securities targets tokenized securities while Samsung Card eyes crypto payments via Monimo. Samsung Units to Acquire 4% Stake in Upbit Operator Dunamu Samsung Securities, Samsung SDS, and Samsung Card announced the deal on May 28, 2026, according to the Korea Herald and several other local outlets. The three…