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In brief A new study argues the term “AI psychosis” oversimplifies how chatbots affect mental health. Researchers say AI systems can reinforce unhealthy beliefs through constant affirmation and emotional validation. The paper introduces “existential drift,” describing how AI interactions may gradually reshape a person’s sense of reality. As AI chatbots become more emotionally responsive, conversational, and personalized, researchers warn that those same traits could reshape how some users experience reality itself.A new preprint study, “Rethinking AI Psychosis: Misnomers, Conceptual Limits, and Existential Drift,” examines concerns that AI chatbots may reinforce delusions, paranoia, and emotional dependency in vulnerable users.“There has been…

ARK Invest CEO Cathie Wood has defended her bull case for Bitcoin reaching $1.25 million within five years, arguing that institutional allocation, digital-gold substitution and Bitcoin’s hard-coded scarcity remain the central pillars of the forecast. Speaking on Fox Business In Depth: The Crypto Campaign on May 26, Wood said ARK’s $1.25 million projection represents the firm’s bull case rather than its base case. The base case, she said, is “closer to $750,000.” But she framed the more aggressive target as a product of several overlapping shifts: younger investors treating Bitcoin as a digital store of value, emerging-market users seeking protection…

BlackRock’s iShares Bitcoin Trust shed $527.84 million on Wednesday, the second-largest single-day net outflow since the fund launched in January 2024, per SoSoValue data.The figure missed the record by a razor-thin margin. IBIT’s biggest outflow on record remains the $528.3 million pulled on Jan. 30, which Wednesday’s draw came within about $500,000 of matching. The fund holds roughly $59 billion in assets and accounts for close to 4% of bitcoin’s total supply, making it the largest single vehicle for institutional bitcoin exposure.The outflow was part of a broader exodus. The 11 U.S.-listed spot bitcoin ETFs lost a combined $733.43 million…

Analysts say STRC creates a one-way Bitcoin bid because its selling pressure never directly hits BTC markets. Strategy’s preferred stock STRC is now a larger buyer of Bitcoin (BTC) in peak weeks than every US spot ETF combined. However, unlike ETF flows, it only moves in one direction, and that asymmetry, according to a recent analysis by on-chain researchers at Pine Analytics, is why STRC’s volatility is becoming one of the most important variables for a sustained move higher for BTC. One-Way Flow vs. Two-Way Traffic In a report it shared on May 27, Pine Analytics made its argument, comparing…

The Bitcoin price is caught in an uncomfortable middle ground. Spot price on Kraken sits at approximately $75,800, down roughly -1.6% over 24 hours, while derivatives desks are running noticeably hotter, a divergence that rarely resolves quietly. What triggered Monday’s sharp intraday reversal from $78,000 to below $76,000 may surprise traders still focused on macro headlines. Galaxy Digital head of research Alex Thorn flagged on X that a “massive” $1.289Bn block sale of BlackRock’s iShares Bitcoin Trust (IBIT) shares was executed through a dark pool at approximately 10:30 a.m. ET, private trading venues institutions use to move large positions without…

Bitmine owns more than 4.47% of the total ETH coin supply of 120.7 million Bitmine is 89% of the way to the ‘Alchemy of 5%’ in just 11 months Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains Bitmine uplisted to the New York Stock Exchange (“NYSE”) from the NYSE American effective as of April 9, 2026 Bitmine has 4,712,917 staked ETH, representing $10.1 billion at $2,134 per ETH MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR…

VICTORIA, Seychelles, May 26, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud within 60 days, an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from the Commonwealth of Independent States (CIS) and Indonesia, tracking 3,567 and 1,524 threat clusters, respectively. All identified entities were immediately banned across the platform to…

Victoria, Seychelles, May 26th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, has released its March–April bimonthly security report, including the strategic deployment of 1,000 BTC to its treasury reserves to strengthen user protection. Alongside this massive capital injection, the exchange continues to scale its compliance architecture to neutralize evolving market threats. Intercepted 26,897 Accounts Linked to Organized Risk Activities During this 60-day period, MEXC’s security infrastructure intercepted and restricted 26,897 accounts tied to coordinated fraud—an 18.9% increase from the previous reporting cycle. Threat intelligence engines mapped 6,903 malicious syndicates (up 33.6%), with the heaviest concentrations emerging from…

Seoul, South Korea, May 26th, 2026, Chainwire The Scandic Finance Group (SFG) is laying the foundation for a comprehensive ecosystem of real services and digital financial technology with the SNC Scandic Coin (SNC). As a global conglomerate with more than one hundred and fifteen daily newspapers and companies in mobility, technology, security and real estate, the group is creating a common currency whose use goes beyond that of a means of payment. The new coin simultaneously serves as an access key, loyalty programme and store of value for users around the world. From today’s market launch on 26 May 2026, interested parties…

ROAD TOWN, British Virgin Islands, May 25, 2026 /PRNewswire/ —  AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, has officially launched its Points Program, introducing a multi-season incentive system designed to reward genuine ecosystem participation ahead of the protocol’s future token launch. Unlike traditional DeFi farming models that primarily reward raw trading volume, AFX’s points system is built around a different principle: rewarding real contribution. Active traders, liquidity providers, and community participants can now earn points through meaningful participation across the protocol, with all accumulated points eventually redeemable into tokens at TGE. This program will run across three consecutive seasons,…