Quick Summary: The ARC-AGI-3 benchmark reveals top AI models scoring under 1% on novel interactive environments that ordinary humans solve with ease. Just days after Nvidia CEO Jensen Huang declared on the Lex Fridman podcast that artificial general intelligence has been achieved, a new benchmark designed to test that very claim delivered a stark counterpoint. The ARC Prize Foundation released ARC-AGI-3 this week, and every major frontier model scored below 1%. Humans, by contrast, solved all 135 environments with a perfect record and no prior training.The results place the leading AI systems in a difficult position. Google’s Gemini 3.1 Pro…
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Quick Summary: Bo Shen is offering 10–20% of recovered funds to anyone who helps retrieve $42 million in crypto stolen from his personal wallet in 2022. Bo Shen, founder of crypto venture firm Fenbushi Capital, has announced a public bounty for individuals or organizations that help him recover digital assets stolen from his personal wallet in November 2022. The stolen funds, now valued at approximately $42 million, include Bitcoin, Ethereum, and stablecoins. Shen is offering between 10% and 20% of any recovered amount, with the exact share determined by the level of contribution.The bulk of the stolen assets consists of…
Quick Summary: Wikipedia has banned the use of large language models to write or rewrite articles, citing concerns over verifiability and reliable sourcing. Wikipedia has updated its editorial guidelines to prohibit the use of large language models (LLMs) for generating or rewriting article content. The policy change reflects mounting concern within the Wikipedia community that AI-produced text frequently conflicts with the platform’s core standards, particularly those related to verifiability and sourcing. The update states directly that text generated by LLMs often violates several of Wikipedia’s foundational content policies. The prohibition applies broadly to article creation and revision.The new policy does…
Quick Summary: Japan’s Financial Services Agency has warned KuCoin and three other platforms for soliciting OTC derivatives trading without proper registration. Japan’s Financial Services Agency has issued warning letters to several cryptocurrency platforms, including KuCoin, for carrying out financial operations without the required registration. The agency published an updated list of entities conducting financial instruments business without authorization, naming KuCoin alongside NeonFX, theoption, and GTCFX. All four received notices in March for soliciting over-the-counter derivatives trading via the internet.Among the four platforms cited, the FSA specifically identified KuCoin — headquartered in the Seychelles — as actively offering services to residents…
Quick Summary: Strategy’s perpetual preferred equity STRC has returned to its $100 par value nine days after going ex-dividend, enabling the firm to issue more shares for bitcoin buying. STRC, the perpetual preferred equity instrument used by Strategy to finance its bitcoin acquisitions, has recovered to its $100 par value just nine trading days after going ex-dividend on March 13. The rebound is marginally quicker than the stock’s typical recovery window of around ten trading days. The swift return to par value carries meaningful implications for Strategy’s ongoing capital-raising efforts.When a preferred stock trades below its par value, issuers generally…
Quick Summary: Ripple has deployed AI-powered testing tools and a dedicated red team for the XRP Ledger, uncovering more than 10 bugs in its codebase. Ripple has announced a sweeping security overhaul for the XRP Ledger, integrating artificial intelligence tools throughout the blockchain’s development lifecycle. The company outlined the new strategy on Thursday, revealing that automated testing systems and a dedicated red team are already operational. The initiative has so far identified more than 10 bugs within the ledger’s codebase.The AI-assisted red team is focused on examining how different features interact under real-world conditions, with particular attention to areas where…
Quick Summary: Strategy CEO Phong Le says retail investors hold 80% of STRC shares, preferring its low-volatility, high-yield structure over the firm’s common stock. Strategy CEO Phong Le revealed on Thursday that retail investors now account for approximately 80% of holders in the company’s flagship preferred share, STRC, compared with roughly 40% of its common stock, MSTR. Le shared the figures in a post on X, framing the disparity as evidence that individual investors gravitate toward what he described as low-volatility, high-yield digital credit. The disclosure highlights a notable shift in who is absorbing the company’s fundraising activity as it…
Quick Summary: Onchain oil and precious metals perpetual futures now account for over 67% of Hyperliquid’s HIP-3 trading volume amid Middle East conflict and altcoin underperformance. Perpetual futures contracts tied to real-world commodities such as oil and precious metals have seen a sharp rise in trading activity on the Hyperliquid decentralized exchange, according to a report published Thursday by digital asset bank Sygnum. Oil and precious metals perpetuals now represent more than 67% of all HIP-3, or Builder-Deployed Perpetuals, contract volume in the first quarter of 2026. This marks a significant shift from earlier patterns, when index-linked contracts dominated the…
Quick Summary: CFTC chair Michael Selig says blockchain technology is essential for distinguishing authentic media from AI-generated synthetic content. Michael Selig, chair of the US Commodity Futures Trading Commission, has argued that blockchain technology could play a central role in verifying whether content is authentic or artificially generated. Speaking on The Pomp Podcast on Thursday, Selig addressed questions from host Anthony Pompliano about the use of AI-generated images and memes in financial markets. He stated that regulators are focused on maintaining US leadership in crypto and emphasized that, in his view, artificial intelligence and blockchain are inseparable technologies.Selig also addressed…
Quick Summary: Mezo will allocate 2.25% of its token supply to Aerodrome Finance participants to drive trading activity for its token and Bitcoin-backed stablecoin on Base. Mezo, a Bitcoin-native lending protocol, has announced a collaboration with Aerodrome Finance to support trading activity for its token and Bitcoin-backed stablecoin on the Base network. The partnership reflects a broader effort among developers to bring more financial use cases to Bitcoin. It connects Base-based traders with a growing ecosystem of Bitcoin-focused decentralized applications. The move comes as the industry experiments with adapting established DeFi models to Bitcoin infrastructure.Under the arrangement, Mezo will allocate…