Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

BlockBeats reported on May 6 that MoonPay has acquired DFlow, a Solana transaction infrastructure firm. DFlow counts Coinbase and Phantom wallet among its key clients, has processed over $500 billion in total transaction volume, handles roughly 10 million transactions monthly, and supports 99.9% of tokens on Solana. The acquisition is set to close as an all-stock deal valued at approximately $100 million, though MoonPay has not officially confirmed the exact figure. MoonPay CEO Ivan Soto-Wright noted that DFlow’s infrastructure will bring high-speed, reliable, and scalable capabilities to MoonPay—supporting high-frequency trading (HFT) and next-gen DeFi applications. DFlow founder Nitesh Nath said post-acquisition, the team will focus on serving emerging sectors like prediction markets.

**OpenAI Rolls Out GPT-5.5 Instant, Upgrading ChatGPT’s Default Model for All Users** Per monitoring from Voyant Beating, OpenAI has launched GPT-5.5 Instant—an upgrade to ChatGPT’s default model—now available to every user. The update delivers targeted enhancements across key areas: - **Accuracy & Hallucination Reduction**: 52.5% fewer hallucinations in high-risk domains (medicine, law, finance) and a 37.3% drop in overall inaccurate claims. - **Core Capabilities**: Boosted performance in STEM queries, image analysis, tool integration (e.g., web search), and visual reasoning. - **Response Style**: More concise (30% word count cut), with less redundant formatting, overused emojis, and unnecessary follow-ups. It retains a warm tone while cutting clutter. **Personalization & Daily Use**: The model leverages chat history, uploaded files, connected Gmail, and other context to deliver tailored suggestions/plans—with users keeping full control. In everyday conversations, it

U.S. prosecutors on May 6 recommended a lenient sentence for former Celsius executive Roni Cohen-Pavon, citing his substantial cooperation. Cohen-Pavon—formerly Chief Revenue Officer of bankrupt crypto lending platform Celsius—pleaded guilty in September 2023 to fraud and conspiracy to manipulate the price of the CEL token, in a case tied to Celsius’ 2022 collapse that caused billions in losses. In a letter to the U.S. District Court for the Southern District of New York, prosecutor Jay Clayton noted Cohen-Pavon’s willingness to testify against former Celsius CEO Alex Mashinsky—cooperation that could lead Mashinsky to enter an early guilty plea. Mashinsky was sentenced to 12 years in prison in May 2025. The prosecutor did not propose a specific sentence, instead asking the judge to apply a “significant reduction” under sentencing guidelines. Cohen-Pavon’s attorney, meanwhile, argued for “time served,” noting he has accepted full responsibility. The sentencing hearing—origin

Per monitoring from Dynasty Beating, Google announced last month it would provide Anthropic with up to 5 gigawatts of server capacity—but the two sides did not disclose the specific value of that commitment. Now, a source with knowledge of the deal says Anthropic intends to pay Google roughly $200 billion over five years, as part of an agreement set to launch next year. This commitment means Anthropic makes up more than 40% of the “revenue backlog” total Google disclosed to investors last week.

May 6 – Google Cloud and the Solana Foundation have jointly launched Pay.sh, a payment system for AI agents that supports on-demand API fee payments on the Solana blockchain using stablecoins. Built on the x402 protocol incubated by Coinbase, the system lets AI agents discover, call, and pay for API resources without account registration or subscriptions—enabling a "pay-as-you-go" micropayment model. AI agents can link a Solana wallet as their identity and top up balances via stablecoins or credit cards, with payments automatically completed when accessing cloud services like data analysis and model inference. Pay.sh runs on Google Cloud, connecting to backend services (including large-model calls and containerized apps) through an API proxy layer. Additionally, the system is compatible with the Machine Payments Protocol (MPP) and integrates with over 50 API service providers across use cases such as communication, e-commerce, and on-chain data. An official statement notes thi

May 5th. Bitcoin mining firm Cipher Digital reported a net loss of $114 million for Q1 2026, a wider shortfall than the $39 million it posted in the same period last year. Per its financial report, the company’s quarterly Bitcoin mining revenue fell to $35 million—down from $49 million in the year-ago quarter—while its Bitcoin holdings dropped from $125 million to $76 million. Despite performance pressure, CEO Tyler Page stressed the firm is accelerating its shift toward AI and high-performance computing (HPC) infrastructure. Cipher Digital signed a lease for its third AI data center campus in Q1, with the tenant being an investment-grade hyperscale cloud provider. Currently, Cipher Digital is moving away from a single mining model to leasing power and computing infrastructure to AI and cloud computing firms. It’s also advancing construction on two major data center projects: Barber Lake and Black Pearl. Additionally, the company recently secured a $200 million maximum revolvi