Samsung South Korea Labor Union Narrows Some Differences with Management

On May 19, Revolut launched its first physical crypto card, a Dogecoin-themed model featuring an LED screen that lights up every time a user makes a payment. The card is accepted anywhere Visa and Mastercard are welcome, with an initial rollout limited to the United Kingdom and the European Economic Area (EEA)—excluding Hungary, Switzerland, and Portugal. Revolut notes there are no extra transaction fees for using the card, but payments made via this crypto card are subject to real-time exchange rate fluctuations and may be taxable.

On May 19, a USDC agreement between Hyperliquid, Coinbase, and Circle is shifting stablecoin profits away from issuers and toward the crypto exchange. Analysts note the move could put sustained upward pressure on HYPE tokens while crimping profit margins at Circle and Coinbase. Announced last Thursday, the deal names Circle’s USDC stablecoin as Hyperliquid’s official “anchor asset.” Coinbase will serve as the network’s primary USDC reserve deployer, while Circle will handle minting, redemptions, and cross-chain infrastructure. While exact revenue-sharing details were not disclosed, the arrangement means Hyperliquid will take the vast majority (up to 90%) of reserve revenue from USDC deposits on its platform—funds that previously flowed mostly to issuers Circle and Coinbase. Syncracy Capital co-founder Ryan Watkins said, “The more I’ve thought about this Coinbase partnership, the more I think it’s Hyperliquid’s biggest announcement of the year.” Watkins believes the deal fundamentally

May 19 — On-chain analyst Ai Auntie (@ai_9684xtpa) reports that a well-known "smart money" wallet which bought 11,004 ETH at an average price of $3.45 back in 2016 (netting $30.38 million in unrealized profit) has added another 1,344.18 ETH via an on-chain transaction 10 hours ago, worth roughly $2.83 million. This new position has an average entry cost of $2,153.95 per ETH, leaving the wallet with an unrealized loss of $165,000 at current levels. The wallet used up all its on-chain USDC funds to make this purchase. Over the past three days, the wallet’s total ETH holdings have swelled to 6,627.79 ETH, currently valued at $14.276 million.

On May 19th, per the Financial Times, hedge fund D1 Capital Partners is poised to be one of the biggest winners next month when SpaceX goes public. Several Wall Street firms are set to pocket massive returns. Sources indicate that if SpaceX launches its IPO at the projected $1.75 trillion valuation, the stake owned by Dan Sundheim’s D1 Capital Partners could be worth roughly $20 billion. D1 is among the few hedge funds that made early bets on SpaceX back when an initial public offering felt like a far-off fantasy. The fund, led by Sundheim, first invested in SpaceX in 2020, at a time when the aerospace firm was valued at around $36 billion. Its SpaceX holdings make up a large chunk of its total assets and have been a huge driver of its gains. The fund currently oversees roughly $35 billion in assets. Last year, Sundheim told investors he has no plans to sell any of his holdings, “even though we’ve received significant and substantive inquiries.” Operating under the radar, hedge fund D

May 19: Ethereum co-founder Vitalik Buterin dropped a deep dive on the current state and future of formal verification tech. He argues that pairing formal verification with AI will emerge as the “ultimate form of software development” — and a critical way to protect network security from powerful AI-driven threats. Vitalik explains that formal verification’s core boils down to turning code correctness into a mathematical theorem that computers can check automatically. This ensures software security via mathematical proofs, not just traditional testing or manual audits. He says this approach works especially well for cases where the “goal is far simpler than how you build it” — like quantum-resistant signatures, STARK proof systems, Byzantine fault-tolerant consensus algorithms, and ZK-EVM. These are exactly the core tech components for Ethereum’s next phase of upgrades. That said, Vitalik admits formal verification isn’t a cure-all. Common pitfalls include checking only parts of

May 19: The Crypto Fear & Greed Index from Alternative Data fell to 25 (down from yesterday’s 29), slipping back into the "extreme fear" territory. Its average reading last week was 49. **Note:** The index ranges from 0 to 100, composed of six weighted metrics: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).