OpenAI has reportedly provided early access to its latest AI model, GPT-5.5, to the U.S. government for security testing purposes. According to Jin10, company executives stated that this move aims to ensure the model's safety and reliability before its broader release. The collaboration underscores the importance of rigorous testing in the development of advanced AI technologies.

Alphabet's shares have experienced a significant increase of over 70% year to date, boosting the company's market capitalization to $4.6 trillion. This positions Alphabet just under $200 billion behind Nvidia. According to NS3.AI, the recent stock movement is attributed to an AI model evaluation agreement involving Google, Microsoft, and xAI. Additionally, analysts have raised their price targets following Alphabet's Q1 earnings surpassing expectations.

OpenAI has announced plans to gradually expand access to its Ad Manager to more businesses as it continues to test and refine the experience. According to Jin10, this move is part of OpenAI's ongoing efforts to enhance its advertising solutions and provide broader access to its tools. The company aims to improve the functionality and user experience of the Ad Manager through continuous testing and feedback from a wider range of enterprises.

OpenAI has announced the gradual rollout of a beta version of its self-service ad manager within ChatGPT. According to Jin10, this new feature aims to enhance user experience by allowing advertisers to manage their campaigns directly through the platform. The initiative marks a significant step in integrating advertising capabilities into AI-driven applications, potentially transforming how businesses interact with AI tools for marketing purposes.

Shares of Figure Technology Solutions have experienced a nearly 10% increase over the past month, yet the stock remains undervalued as the company expands beyond its fintech lending origins. According to Cointelegraph, Bernstein has reiterated its “Outperform” rating on Figure (FIGR), setting a price target of $67, which suggests a potential 67% upside from current levels. Bernstein's analysis highlights Figure's strategic transition from a home equity line of credit (HELOC) originator to a comprehensive platform encompassing blockchain infrastructure and AI-driven credit markets. A significant aspect of this transformation is the tokenization of loans, converting them into tradable onchain assets that can settle in real time. Bernstein estimates the market for tokenized credit to be approximately $4 trillion, offering Figure a substantial opportunity beyond traditional HELOC lending. The research note also emphasizes the company's strong momentum, with loan volumes reaching $1.34 billion in April, marking a 108% increase year over year and the second consecutive month surpassing $1 billion. Bernstein anticipates continued growth, projecting total loan volumes to rise to $16.5 billion by 2027 from $8.4 billion in 2025. The $4 trillion addressable market for tokenized credit encompasses various loan categories, including mortgages, auto loans, home equity lines of credit, and small-business loans, areas where Figure is expanding its operations. While tokenized credit is currently a small segment of the broader real-world asset (RWA) market, valued at around $5.5 billion, the gap between current adoption and future growth potential is significant. Other projects are also exploring the integration of credit onchain. Centrifuge, for instance, has expanded its decentralized finance platform to include tokenized credit and US Treasury products on new blockchain networks, aiming to connect institutional-grade assets with DeFi liquidity. Figure has ventured into areas such as auto loans through its Hastra ecosystem, where tokenized credit products are designed to integrate with decentralized finance and broader blockchain markets.

U.S. prosecutors have requested leniency for Roni Cohen-Pavon, the former Chief Revenue Officer of Celsius, citing his cooperation in their investigation. According to NS3.AI, Cohen-Pavon provided assistance during the trial of former Celsius CEO Alex Mashinsky. As a result, his sentencing has been postponed to May 13.

The U.S. Securities and Exchange Commission (SEC) has put forward a proposal that would enable public companies to report their financial results twice a year, rather than the current quarterly requirement. According to NS3.AI, companies choosing this option would utilize a new Form 10-S instead of the traditional Form 10-Q. This change is particularly significant for digital asset firms, as it presents a trade-off between reduced compliance costs and the potential impact of a longer disclosure gap on liquidity and valuations.

Apple Inc. (AAPL.O) plans to allow users to select from a range of external artificial intelligence services within its software features, as part of its strategy to transform devices into comprehensive AI platforms. According to Jin10, informed sources revealed that users will be able to choose from multiple third-party AI models for tasks such as text and image generation and editing. This change is expected to be reflected in the iOS 27, iPadOS 27, and macOS 27 releases this fall. Apple is collaborating with Google to enhance the underlying model supporting Siri and working with Anthropic to support internal AI infrastructure and product development.

Rep. Steven Horsford announced at Consensus Miami that the bipartisan PARITY Act introduces a gradual approach to crypto taxation. According to NS3.AI, the proposal includes a five-year tax-deferral option for staking and mining rewards. Additionally, the draft outlines a cost-basis test for stablecoin payments and establishes wash-sale rules for digital assets.

Republic has joined XDC Network as an institutional validator, enhancing the blockchain's validator group as it expands its role in trade finance and real-world asset tokenization. According to BeInCrypto, Republic will operate masternodes to secure XDC Network and validate on-chain transactions, linking it more directly to blockchain-based financial applications. This move deepens Republic's exposure to blockchain systems beyond its existing services. XDC Network continues to add institutional validators, strengthening its presence in the US market.

记得我10年前去台北拜访金融机构时，他们都在叹苦经：2016年1季度台湾省GDP同比下跌0.89%，且已经是连续三个季度下跌，而他们的薪水已经很多年没有上涨了。

5 月 4 日庭审：自打脸的炸弹，照见整个 AI 时代

Western Union has officially stepped into the stablecoin arena, launching its US dollar-pegged USDPT on Solana in a move that signals a major shift from traditional remittance rails to blockchain-based settlement.

BitMine has bought over 100,000 ETH for three weeks in a row, lifting its total holdings above 5.18 million ETH. The firm says Ethereum demand is rising due to tokenisation, AI use and staking income growth.

North Korea has been accused of orchestrating more than 75% of the global crypto crime in 2026, with blockchain analytics firm TRM Labs estimating that the stolen funds could reach a whopping $577 million in just the past four months.

Polygon has introduced private stablecoin payments that hide transaction details using zero-knowledge proofs while still applying compliance checks. Users can produce audit files for regulators, targeting institutional use of onchain payments with privacy and oversight.

Tether，这个以稳定币著称的加密金融巨头，正在将触角伸向比特币挖矿领域。

CLARITY Act立法进展对稳定币发行商和交易平台产生了直接影响，Circle股价盘中大涨近20%，USDC交易活跃度显著增加。

Bitcoin surged past $80,000, hitting a four-month high of $80,529 just hours after Donald Trump unveiled “Project Freedom”—a U.S. naval initiative to escort cargo ships through the strategically critical Strait of Hormuz amid escalating tensions with Iran.

PWL Capital 投资组合经理兼首席投资官 Ben Felix 是一位以实证为基础的投资专家，将学术金融研究转化为普通人都能理解的实用决策。