🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Kevin Warsh is set to be sworn in as the new Fed Chair on Friday, replacing Jerome Powell. 🔹 Google and Blackstone launch a joint venture to build a new AI cloud company using Google's specialized chips, backed by a $5 billion equity commitment from Blackstone. 🔸 Bitwise announces it will hold $HYPE on its balance sheet, allocating 10% of its Hyperliquid ETF (BHYP) management fee directly toward the token. 🔹 Meta plans to cut 20% of its global workforce and shift 7,000 employees to AI initiatives as part of a major restructuring set for May 20, per Reuters. 🔸 The SEC rescinds its decades-old "gag rule," allowing companies

🗞️ Need to catch up on the news? Here's our top 10 from today:

🔸 Kevin Warsh is set to be sworn in as the new Fed Chair on Friday, replacing Jerome Powell.

🔹 Google and Blackstone launch a joint venture to build a new AI cloud company using Google's specialized chips, backed by a $5 billion equity commitment from Blackstone.

🔸 Bitwise announces it will hold  $HYPE on its balance sheet, allocating 10% of its Hyperliquid ETF (BHYP) management fee directly toward the token.

🔹 Meta plans to cut 20% of its global workforce and shift 7,000 employees to AI initiatives as part of a major restructuring set for May 20, per Reuters.

🔸 The SEC rescinds its decades-old "gag rule," allowing companies and individuals to no longer remain silent after reaching an enforcement settlement.

🔹 Elon Musk says he will file an appeal with the Ninth Circuit after a court dismissed his case against OpenAI.

🔸 Anthropic doubled token limits across all Claude plans, expanding capacity for Claude Design users.

🔹 US CPI inflation is projected to rise above 5% this year if recent monthly trends continue, potentially marking the highest inflation level since February 2023.

🔸 A senior U.S. official said Iran’s latest proposal to end the war is “insufficient,” raising the risk of renewed conflict, according to Axios.

🔹 Minnesota Governor signs bill allowing banks and credit unions to offer Bitcoin custody services.

— @Cointelegraph May 19, 2026