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15 May 2026, 13:24
Myanmar’s junta ponders death penalty, life imprisonment for crypto fraud operators
The military regime in Myanmar has released a proposed “Anti-Online Scam Bill” in which perpetrators of online scams who commit acts of violence, torture, illegal arrests, detention, or cruel treatment to compel other people to engage in online scams will be sentenced to death penalties. The bill also proposes imposing life sentences on those who operate centers for online and digital currency scams, also known as scam compounds. This bill was tabled on 14 May 2026, and Myanmar’s military-controlled parliament is expected to meet during the first week of June. Myanmar considers harsh penalties for scammers According to reports , the proposed bill follows an increasing trend of cooperation between Myanmar and China in cracking down on scam rings that operate across their borders. In February 2026, the Supreme People’s Court of China reported that two major scam rings from Myanmar – the Ming and Bai families, considered among the four major families based in northern Myanmar – had been dismantled. Chinese courts handed down life sentences or even heavier punishments for 39 people, with 16 sentenced to death. Eleven members of the Ming family were hanged to death on 29 January 2026 after their conviction in September 2025 in Wenzhou. By the end of 2025, Chinese courts had handled more than 27,000 cases related to telecommunications fraud in northern Myanmar, with over 41,000 repatriated perpetrators convicted. The Myanmar government had arrested and turned over suspected scam workers and their victims to the Chinese government, with the transfer process occurring at the Mae Sot airport in Thailand in February 2025. The draft law is part of Myanmar’s attempt to tackle domestic instability and foreign criticism of the country’s role as a base for scammers across Southeast Asia. As it stands, the Anti-Online Scam Bill will place the strictest punishments ever seen in the region, How did Myanmar get here? Prior to 2021, Myanmar also had lax regulations for gambling and online gambling in areas bordering Thailand and China. Developments such as the Shwe Kokko Yatai New City, established in 2017 as a mixed-use commercial area, were located on the Thai-Myanmar border. Where once there was gambling, the activities soon changed to cyber fraud due to border closures during the pandemic. Strongholds were created or enlarged in Shwe Kokko, KK Park close to Myawaddy, Laukkai in Kokang, and Mong La. Such fortified areas served as business centers with thick walls, armed security, and Starlink satellite internet connectivity. According to the UN report , at least 120,000 individuals had been subjected to online fraud in Myanmar. The Chinese syndicates, referred to by some as “the four major families,” controlled many of these compounds, with the Laukkai syndicate alone earning more than $1.5 billion until its disbandment. Daily activities at these compounds revolve around a fraud known as “pig butchering,” a romance and investment scam characterized by the gradual “fattening” of targets prior to their “slaughter.” The trafficked laborers, tricked using false job postings, are transported through China, Africa, South Asia, and Southeast Asia. Cambodia sets legal precedents for crypto scammers Meanwhile, the Cambodian parliament has adopted the nation’s first law aimed at tackling online scam centers that have cheated foreign citizens out of billions of dollars. The bill was adopted by 112 members of parliament in a unanimous vote on 30 March 2026, with an additional report confirming the vote in the parliament published on 3 April 2026. Speaking to the press, Minister of Justice Koeut Rith emphasized that it will send a clear message to “cyber scammers that Cambodia will not host their scams anymore.” He further noted that it was in line with the interests of the Cambodian people and nation. The new law clearly outlines penalties based on the seriousness of the crime. A regular internet scammer is liable for two to five years’ imprisonment and a fine of up to 500 million riels ($125,000). The leader of an internet scam group will be imprisoned for five to ten years and fined up to 1 billion riels ($250,000). For scams that are violent in nature and entail torture, kidnapping, human trafficking, and forced labor, the leader is sentenced to 10 to 20 years in prison and fined up to 2 billion riels ($500,000). The smartest crypto minds already read our newsletter. Want in? Join them .
15 May 2026, 13:17
XRP gives back gains after Senate crypto bill sparks 5% rally
XRP stayed pinned below resistance even as derivatives activity surged ahead of a key Senate vote that could formally reinforce the token’s commodity status.
15 May 2026, 13:00
Bitcoin Shrugs off CLARITY gains as Institutions Sell Amid Surging Treasury Yields
Analysts point to profit-taking, not panic, with ETF outflows at their worst pace since February as 10-year Treasury yield soars.
15 May 2026, 12:45
Osaurus brings both local and cloud AI models to your Mac
BitcoinWorld Osaurus brings both local and cloud AI models to your Mac As AI models become increasingly commoditized, startups are racing to build the software layer that sits on top of them. One interesting entrant into this space is Osaurus, an open-source, Apple-only LLM server that lets users move between different local AI models — either running on-device or in the cloud — while keeping their files and tools on their own hardware. From AI companion to local LLM server Osaurus evolved out of the idea for a desktop AI companion called Dinoki, which co-founder Terence Pae described as a sort of “AI-powered Clippy.” Dinoki’s customers had asked him why they should buy the app if they still had to pay for tokens — the usage units AI companies charge for processing prompts and generating responses. That got Pae thinking more deeply about running AI locally. “That’s how Osaurus started,” Pae, previously a software engineer at Tesla and Netflix, told Bitcoin World over a call. The idea, he explained, was to try to run an AI assistant locally. “You can do pretty much everything on your Mac locally, like browsing your files, accessing your browser, accessing your system configurations. I figured this would be a great way to position Osaurus as a personal AI for individuals.” Pae began building the tool in public as an open-source project, adding features and fixing bugs along the way. How Osaurus works: a harness for AI models Today, Osaurus can flexibly connect with locally hosted AI models or cloud providers like OpenAI and Anthropic. Users can freely choose which AI models they’re using, while keeping other aspects of the AI experience on their own hardware — like the models’ own memory, files, and tools. Given that different AI models have different strengths, the advantage of this system is that users can switch to the AI model that best fits their needs. Such a structure makes Osaurus what’s called a “harness” — a control layer that connects different AI models, tools, and workflows through a single interface, similar to tools like OpenClaw or Hermes. However, those tools are often aimed at developers who know their way around a terminal. And sometimes, like in the case of OpenClaw, they may pose security issues. Osaurus, meanwhile, presents an easy-to-use interface for consumers and addresses security concerns by running things in a hardware-isolated, virtual sandbox. This limits the AI to a certain scope, keeping your computer and data safe. Hardware requirements and the future of local AI Running AI models on your machine is still in its early days, given that it’s heavily resource-intensive and hardware-dependent. To run local models, your system will need at least 64 GB of RAM. For running larger models, like DeepSeek v4, Pae recommends systems with about 128 GB of RAM. But Pae believes local AI’s needs will come down in time. “I can see the potential of it, because the intelligence per wattage — which is like the metric for local AI — has been going up significantly. It’s on its own curve of innovation. Last year, local AI could barely finish sentences, but today it can actually run tools, write code, access your browser, and order stuff from Amazon. It’s just getting better and better,” he said. Supported models and plugins Osaurus today can run MiniMax M2.5, Gemma 4, Qwen3.6, GPT-OSS, Llama, DeepSeek V4, and other models. It also supports Apple’s on-device foundation models, Liquid AI’s LFM family of on-device models, and in the cloud, it can connect to OpenAI, Anthropic, Gemini, xAI/Grok, Venice AI, OpenRouter, Ollama, and LM Studio. As a full MCP (Model Context Protocol) server, you can give any MCP-compatible client access to your tools as well. Plus, it ships with over 20 native plugins for Mail, Calendar, Vision, macOS Use, XLSX, PPTX, Browser, Music, Git, Filesystem, Search, Fetch, and more. More recently, Osaurus was updated to include voice capabilities. Adoption and next steps Since the project went live nearly a year ago, it has been downloaded north of 112,000 times, according to its website. Currently, Osaurus’ founders (who include co-founder Sam Yoo) are participating in the New York-based startup accelerator Alliance. They’re also thinking about next steps, which could see Osaurus being offered to businesses — like those in the legal space or in healthcare — where running local LLMs could address privacy concerns. As the power of local AI models grows, the team believes it could lower the demand for AI data centers. “We’re seeing this explosive growth in the AI space where [cloud AI providers] have to scale up using data centers and infrastructure, but we feel like people haven’t really seen the value of the local AI yet,” Pae said. “Instead of relying on the cloud, they can actually deploy a Mac Studio on-prem, and it should use substantially less power. You still have the capabilities of the cloud, but you will not be dependent on a data center to be able to run that AI.” Conclusion Osaurus represents a notable step in making local AI more accessible and practical for everyday Mac users. By offering a flexible harness that connects both local and cloud models with a strong emphasis on privacy and security, it addresses key concerns around data control and cost. As local AI models continue to improve in capability and efficiency, tools like Osaurus could help shift the balance away from cloud-dependent AI toward more decentralized, on-device solutions. FAQs Q1: What is Osaurus? Osaurus is an open-source, Apple-only LLM server that lets users run and switch between local and cloud AI models while keeping files and tools on their own hardware. Q2: What are the hardware requirements for running local models with Osaurus? For local models, a Mac with at least 64 GB of RAM is recommended. For larger models like DeepSeek v4, about 128 GB of RAM is advised. Q3: Which AI models and cloud providers does Osaurus support? It supports local models like MiniMax M2.5, Gemma 4, Llama, DeepSeek V4, and Apple’s on-device models. Cloud providers include OpenAI, Anthropic, Gemini, xAI/Grok, and others. This post Osaurus brings both local and cloud AI models to your Mac first appeared on BitcoinWorld .
15 May 2026, 12:25
Trump Signals Potential for Multiple Meetings With Xi Jinping This Year
BitcoinWorld Trump Signals Potential for Multiple Meetings With Xi Jinping This Year U.S. President Donald Trump has indicated that he could meet with Chinese President Xi Jinping as many as four times before the end of the year, according to a report by Walter Bloomberg. The potential meetings would mark a significant escalation in direct diplomacy between the world’s two largest economies, though key details remain unconfirmed. Proposed Summit Schedule Trump suggested that the meetings could take place at several high-profile international events. The first potential encounter would be at the G20 summit, scheduled to be held in Miami, Florida. The second could occur at the Asia-Pacific Economic Cooperation (APEC) summit, which is set to take place in Shenzhen, China. Additionally, Trump raised the possibility of Xi visiting the United States in September for a bilateral meeting, separate from the multilateral summits. Diplomatic Context and Uncertainty The proposal comes amid ongoing tensions between Washington and Beijing over trade, technology, and regional security. Direct summits between the two leaders have historically been used to manage disputes and signal areas of potential cooperation. However, it is important to note that Xi Jinping’s attendance at these events has not yet been confirmed by Chinese officials. The scheduling and format of any meeting would depend on a range of diplomatic and logistical factors. Why This Matters for Markets and Geopolitics For investors and global markets, any indication of high-level dialogue between the U.S. and China is closely watched. Previous meetings between Trump and Xi have led to temporary pauses in tariff escalations or new trade agreements. The potential for multiple meetings this year suggests both sides may be seeking to stabilize the relationship, though concrete outcomes remain speculative until official confirmations are made. Conclusion While President Trump has publicly outlined a busy schedule of potential summits with President Xi, the diplomatic reality is more fluid. The lack of confirmation from Beijing and the complex nature of U.S.-China relations mean that readers should view these proposals as an expression of intent rather than a finalized itinerary. The situation remains developing, and further clarity is expected as the dates for the G20 and APEC summits approach. FAQs Q1: Has China confirmed Xi Jinping’s attendance at the G20 or APEC summits? No, as of the latest reports, Chinese officials have not confirmed President Xi’s participation in either the G20 summit in Miami or the APEC summit in Shenzhen. Q2: What is the significance of a potential Xi visit to the U.S. in September? A bilateral visit would be a significant diplomatic gesture, potentially signaling a thaw in relations or an attempt to negotiate specific trade or security agreements outside the format of a multilateral summit. Q3: How have previous Trump-Xi meetings impacted U.S.-China trade relations? Past meetings have resulted in temporary trade truces, renewed negotiations, and in some cases, the signing of phase-one trade agreements. However, long-term structural issues between the two countries have often persisted after the summits. This post Trump Signals Potential for Multiple Meetings With Xi Jinping This Year first appeared on BitcoinWorld .
15 May 2026, 12:02
XRP Is Being Integrated Into the Entire U.S. Infrastructure. Here’s the Latest
Crypto researcher SMQKE has shared new documents that support the growing role of XRP within the United States financial system. SMQKE stated, “XRP is being integrated into the entire U.S. infrastructure,” while pointing followers to regulatory records connected to Ripple Prime. The post referenced an earlier statement from the researcher, which read, “RIPPLE PRIME IS REGISTERED AND APPROVED TO OPERATE IN ALL 53 U.S. STATES AND TERRITORIES…” Attached screenshots from a FINRA BrokerCheck report indicate approval records connected to Hidden Road Partners CIV US LLC. The documents displayed registrations marked “Approved” across U.S. states and territories, including California, Texas, Florida, New York, Puerto Rico, and the Virgin Islands. The records also included effective dates throughout 2025, suggesting that the approvals were recent. For many XRP community members, the filings represented more than a routine registration update. They viewed the information as another sign that Ripple-linked services are gaining deeper access to regulated financial markets in the United States. XRP is being integrated into the entire U.S. infrastructure. https://t.co/7LeBaEpjcy — SMQKE (@SMQKEDQG) May 14, 2026 Why Ripple Prime’s Registration Matters to XRP SMQKE’s argument centered on the idea that nationwide access could strengthen XRP’s long-term utility. Ripple has consistently promoted XRP as an asset designed for payments, liquidity movement, and settlement between financial institutions. Because of that, supporters often pay close attention to licenses, broker registrations, and institutional approvals connected to Ripple-related businesses. The FINRA filing became important to XRP holders because it appeared to show that Ripple Prime can legally operate across all U.S. states and territories listed in the report. Many in the XRP community believe this type of regulatory reach could help expand services connected to digital asset trading, liquidity provision, and institutional transactions. Although the filing itself did not directly state that XRP is now integrated into every part of the U.S. financial infrastructure, SMQKE presented the registrations as evidence that Ripple-linked operations continue to secure regulatory positioning throughout the country. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Supporters See Institutional Growth Continuing The documents shared by SMQKE arrived at a time when institutional involvement in digital assets remains a major topic within the crypto industry. XRP supporters have increasingly focused on signs of adoption connected to payment systems, trading services, and regulated financial entities. The screenshots showed approval dates ranging from April through August 2025, with nearly every listed jurisdiction marked as approved. The report also identified Hidden Road Partners CIV US LLC as a registered entity operating from New York, including its CRD and SEC registration details. For XRP supporters, the importance of the filing lies in what it could represent for future institutional activity. Many believe that wider regulatory approval may create more opportunities for XRP-related services to operate within compliant financial environments across the United States. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Being Integrated Into the Entire U.S. Infrastructure. Here’s the Latest appeared first on Times Tabloid .
