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A shooting at a Koreatown shopping center in Carrollton, Texas left 2 dead and 3 injured. Police say the suspect is in custody.

OpenAI co-founder Greg Brockman testified that Elon Musk had wanted the company to pursue a commercial path, contradicting Musk’s public claims that OpenAI strayed from its non-profit mission.

The US Commodity Futures Trading Commission (CFTC) is moving to formalize protections for developers of non-custodial crypto software. The effort follows a “no-action letter” issued to Phantom wallet. The policy aims to clarify that developers who write code for non-custodial wallets or DeFi protocols should not be treated as commodity dealers or required to register as intermediaries. This has significant implications for the crypto developer ecosystem. Supporters argue that clear regulatory boundaries will encourage more developers to participate in crypto innovation without fear of retroactive enforcement. Critics worry it could weaken consumer protections. ...

A Citi executive has warned that the crypto industry’s fragmented system architecture could repeat the inefficiencies of traditional banking. The executive pointed out that the current crypto market contains numerous incompatible on-chain systems, clearing mechanisms, and liquidity pools. This fragmentation leads to capital inefficiency and accumulating systemic risk. Traditional banking took decades of consolidation to build relatively efficient clearing systems, and the crypto industry may face a similar consolidation process. ...

Google Home’s Gemini AI assistant has been upgraded to handle more complex, multi-step requests. This update significantly improves smart home control capabilities. Users can now execute more complex scene setups via voice commands, such as “When I leave home, turn off all lights, lower the temperature, and activate security mode.” Gemini’s new capabilities allow it to understand context and perform multiple operations in sequence. This upgrade is an important step for Google in competing with Amazon Alexa and Apple HomeKit in the smart home space. Gemini’s language understanding capabilities give it an advantage in complex command processing. ...

Kelp DAO has announced it is abandoning LayerZero’s cross-chain protocol in favor of Chainlink’s cross-chain infrastructure. The decision follows a $292 million hack affecting LayerZero-related protocols. Kelp DAO, a liquid staking protocol, relies heavily on cross-chain bridging for user asset security. The migration signals growing emphasis on cross-chain security in the DeFi sector. Chainlink’s CCIP (Cross-Chain Interoperability Protocol) employs a more conservative security model, including decentralized oracle networks and multi-verification mechanisms. This choice reflects an industry trend of prioritizing security over speed after multiple cross-chain hacking incidents. ...

Google’s May 2026 system update for Pixel 10 devices now prevents users from installing older Android versions. The change is driven by security concerns — older systems may contain unpatched vulnerabilities. But for users who enjoy customization and flashing, the restriction has sparked debate about user control. Google has been gradually tightening control over Android devices, including requiring apps to pass Play Protect verification. This update further limits users’ ability to fully control their devices. ...

A Robinhood executive has said that overseas demand for US equities is continuing to grow. As Robinhood expands its services across multiple international markets, the company has observed strong interest in US stock trading from users in Europe and Asia. This trend reflects sustained global investor confidence in US equity markets. Robinhood’s international expansion strategy is a key component of its growth plan, aiming to replicate its US success model globally. ...

Michael Saylor’s Strategy (formerly MicroStrategy) has signaled it may sell some of its Bitcoin holdings to fund dividend obligations, marking a significant shift from its pure accumulation strategy. Strategy has long been the largest institutional Bitcoin holder, with over 600,000 BTC accumulated. The company previously maintained a “buy only” approach, funding purchases through bond and stock issuance. The potential sale to fund dividends reflects the challenge of balancing its massive Bitcoin position with shareholder return expectations. Market reaction has been cautious, with some investors viewing it as rationalized capital management while others worry it could set a precedent for ongoing reductions. ...

Trump has announced a temporary pause to “Project Freedom” — the US effort to guide vessels through the Strait of Hormuz amid escalating tensions with Iran. The pause may indicate a reassessment of US military deployment strategy in the Middle East. The Strait of Hormuz is one of the world’s most critical oil transit routes, with approximately one-fifth of global oil supply passing through daily. Iran has previously threatened retaliation against US escort operations, adding complexity to the regional situation. Analysts suggest the pause could create a window for diplomatic negotiations. ...