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11 May 2026, 14:02
Expert Warns XRP Holders: Do This Right to Your Coins On Coinbase
Coinbase users are reporting an uncomfortable pattern. Accounts are getting closed, and withdrawals are getting blocked. The complaints are piling up across social media, and the crypto community is paying attention. One post gaining traction comes from Pumpius (@pumpius), who responded to a video shared by Austin Barnhill (@bh30317). Barnhill questioned Coinbase’s CEO directly, asking, “How are you out here closing accounts and not allowing withdrawals?” Barnhill shared a video showing a closed account with a message that the user could withdraw their funds. However, many in the community reported failed withdrawals. In his post, Pumpius pointed investors toward self-custody wallets as a solution, citing options like Xaman Wallet , Tangem, and Joey Wallet as alternatives to keeping funds on a centralized exchange. COINBASE IS FREEZING CRYPTO WITHDRAWALS & CLOSING ACCOUNTS! Move your crypto from a centralized exchange now! Nobody can freeze your XRP from a self-custody wallet Not your keys, not your cheese. (eg., @XamanWallet @Tangem @JoeyWallet ) https://t.co/erfKxLcVfF — Pumpius (@pumpius) May 9, 2026 Self-Custody as a Response The appeal of self-custody becomes clearer when centralized platforms act unilaterally. Pumpius put it plainly, stating, “Nobody can freeze your XRP from a self-custody wallet.” Investors who hold their own private keys retain full control of their assets. Those who leave funds on an exchange take on the risk of platform-level decisions about access. Community members who responded to Barnhill’s post confirmed they could not withdraw from their frozen accounts, contradicting what Coinbase’s own video appeared to suggest about fund accessibility. Armstrong’s Questionable Record The controversy over Coinbase’s account management sits alongside questions about Brian Armstrong’s leadership in the regulatory space. Armstrong pulled Coinbase’s support for the CLARITY Act , citing concerns that the proposed language could limit DeFi activity, restrict tokenized equity products, and block stablecoin issuers from offering yield-like rewards to users. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He pulled that support hours before a scheduled January 14 committee markup, causing Banking Committee Chair Tim Scott to postpone the vote indefinitely. Armstrong’s objection came at a time when stablecoins contributed to nearly 20% of Coinbase’s revenue. The move drew criticism from across the crypto industry, with some calling it self-serving at the expense of broader legislative progress. A Pattern of Distrust Former Ripple CTO David Schwartz also revealed years ago that Coinbase refused to list XRP and demanded millions from Ripple before it did so. The community backlash following the reports has extended to Armstrong personally. Users called him out, questioning his fitness to lead one of the world’s most prominent crypto exchanges. The crypto sector has long operated on a principle of financial sovereignty. When centralized platforms restrict withdrawals without clear justification, they erode the trust that makes them viable in the first place. For anyone looking to hold XRP, one of the self-custody wallets Pumpius listed will be a good place to start. 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 Expert Warns XRP Holders: Do This Right to Your Coins On Coinbase appeared first on Times Tabloid .
11 May 2026, 11:12
Cerebras prepares to ride AI demand to 2026's biggest IPO to date
Cerebras Systems is planning to raise the price of its shares before listing on the Nasdaq. The new target range is set at $150 to $160 per share. It is up from the earlier range of $115 to $125. The number of shares it will sell has also increased from 28 million to 30 million. The information wasn’t announced publicly and comes from Reuters sources with knowledge of the matter. If the share prices are revised with the new range, Cerebras will hit around $4.8 billion. It is a massive jump from the initial $3.5 billion the company was looking to raise. The offering will be priced on May 13 and may have changes in the final numbers. The sources have also said that the share orders have shot up 20 times the number available. It shows how much appetite there is among investors. Cerebras’ second attempt at going public Cerebras, based in Sunnyvale, California, builds specialized processors aimed at running advanced AI models, a space where Nvidia has long held a dominant position. The company’s chips are built specifically for AI inference, meaning the work a model does when responding to a user’s question, as opposed to the training process. As AI companies move from building models to actually putting them to use, demand for inference chips has grown sharply. As reported by Cryptopolitan previously, the company filed for an IPO in 2024 but dropped those plans after a national security review was launched into its relationship with G42, a UAE-based AI company that accounted for more than 80% of Cerebras’ revenue in the first half of 2024. The review by the Committee on Foreign Investment in the United States was eventually resolved in the company’s favor. Since then, Cerebras has added Amazon and OpenAI , two of the biggest names in AI infrastructure, as customers. Morgan Stanley, Citigroup, Barclays, and UBS Group are handling the offering. The company will trade under the ticker symbol CBRS. The listing is expected to be the largest IPO in the world so far this year, according to data from Dealogic. News of the revised offering pushed Asian chip stocks higher on Monday. South Korea’s KOSPI index closed up nearly 5% at a record high, with SK Hynix climbing 12% and Samsung Electronics gaining 6%. Startups line up to challenge Nvidia The timing is ideal for Cerebras as investors are already showing interest and putting money into AI chip startups like never before. Data from Dealroom showed that these small startups raised $8.3 billion globally. By the end of 2026, the investment is expected to hit a new record. The push is rooted in a belief that Nvidia’s graphics processors, which were originally built for gaming, are not the most efficient tools for running AI at scale. Startups argue that chips designed specifically for AI can deliver meaningful savings in both energy and cost. “Inference is dominant now, and the existing GPU architecture wasn’t built for it in ways that matter most at scale,” said Patrick Schneider-Sikorsky, director at the Nato Innovation Fund, which has backed U.K. AI chip startup Fractile. Nvidia, for its part, is not standing still. The company spent more than $18 billion on research and development in its most recent financial year, which ended in January 2026, and in December acquired assets from AI inference startup Groq for $20 billion. It also announced a $4 billion investment in two photonics technology companies in March. Still, startups continue to attract large backing. In the U.S., Cerebras picked up $1 billion in February, while MatX, Ayar Labs, and Etched each raised $500 million rounds in 2026. In Europe, Axelera and Olix have both raised more than $200 million this year. “It’s no longer a niche bet,” said Carlos Espinal, managing partner at European venture firm Seedcamp, which backed chip startup Vaire Computing. “It’s becoming a core part of how people think about AI infrastructure.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
11 May 2026, 09:55
USDAI (CHIP) Buys Back 3.39% of Total Supply, Cumulative Token Reduction Reaches 3.71%
BitcoinWorld USDAI (CHIP) Buys Back 3.39% of Total Supply, Cumulative Token Reduction Reaches 3.71% The USDAI project, represented by the CHIP token, has executed a buyback of 338,806,273 CHIP tokens, equivalent to 3.39% of the total supply, as announced on its official X account. This latest repurchase brings the cumulative buyback volume to 3.71% of the total supply, signaling a continued effort to reduce circulating tokens. Buyback Details and Tokenomics Impact Token buybacks are a mechanism used by cryptocurrency projects to reduce the total circulating supply, potentially increasing scarcity. For USDAI, this strategy aims to support token value over the long term by decreasing the number of tokens available on the open market. The latest transaction, representing over 338 million tokens, marks a significant step in the project’s deflationary approach. The cumulative buyback of 3.71% indicates a consistent pattern of token removal. While the exact price and method of the buyback were not disclosed in the announcement, such actions are typically funded from project reserves or revenue. Investors and analysts often view sustained buybacks as a signal of project health and commitment to tokenomics stability. Market Context and Broader Implications Token buybacks are common in the cryptocurrency space, particularly among projects with a focus on long-term value creation. However, their effectiveness depends on market conditions, project fundamentals, and the transparency of the buyback process. For USDAI, this move occurs amid a broader market environment where many projects are adjusting their tokenomics to attract and retain holders. The announcement comes as the cryptocurrency sector continues to navigate regulatory developments and shifting investor sentiment. Buybacks can provide a short-term positive signal, but long-term value remains tied to the project’s utility, adoption, and governance. USDAI has not released additional details on future buyback plans or the specific allocation of funds for this purpose. What This Means for CHIP Holders For current CHIP holders, the buyback reduces the total supply, which could theoretically increase the value of remaining tokens if demand remains stable. However, market participants should consider the broader context, including the project’s overall liquidity, trading volume, and development roadmap. The buyback does not guarantee price appreciation, and investors are advised to conduct their own research. Conclusion USDAI’s buyback of 3.39% of CHIP’s total supply represents a notable step in its deflationary tokenomics strategy. With cumulative reductions now at 3.71%, the project demonstrates a commitment to supply management. As with any cryptocurrency action, the long-term impact will depend on broader market conditions and the project’s continued execution of its roadmap. FAQs Q1: What is a token buyback? A token buyback is when a cryptocurrency project purchases its own tokens from the market, reducing the total circulating supply. This is often done to increase scarcity and potentially support the token’s price. Q2: How does the USDAI buyback affect CHIP token holders? The buyback reduces the total supply of CHIP tokens. If demand remains the same or increases, the reduced supply could lead to higher token value. However, price movements depend on many factors, including market sentiment and project development. Q3: Will USDAI continue with more buybacks in the future? The project has not announced a specific schedule for future buybacks. The cumulative buyback of 3.71% suggests a consistent approach, but investors should monitor official USDAI channels for updates. This post USDAI (CHIP) Buys Back 3.39% of Total Supply, Cumulative Token Reduction Reaches 3.71% first appeared on BitcoinWorld .
11 May 2026, 06:02
Dark Defender Says XRP Is Heading to Double Digits First. Here’s why
Crypto analyst Dark Defender (@DefendDark) believes XRP remains on track for a major breakout as the asset continues to trade within a tightening structure on the weekly chart. In a recent post, he said the setup is “as clear as it gets, with a textbook structure,” before adding that XRP is “heading to double digits first.” The chart shows XRP consolidating near $1.42 lafter a long corrective phase that followed its rally toward its peak of $3.65 . Dark Defender’s analysis highlights an Elliott Wave structure that appears to place XRP near the end of a large Wave 4 correction. The projected upward move would begin Wave 5, which the chart maps toward prices above $8. XRP continues to hold above a major Fibonacci support zone near $1.36. The chart marks this area as the 61.8% retracement level. Traders often view this level as a strong support area for bullish continuation setups. XRP has repeatedly defended this range during recent consolidation , which keeps the bullish structure intact. As clear as it gets, with a textbook structure. #XRP is heading to double digits first. Get used to hearing this. #XRPArmy #Ripple pic.twitter.com/YlJbqDmpO1 — Dark Defender (@DefendDark) May 9, 2026 Descending Resistance Nears a Breaking Point The weekly chart also shows XRP trading inside a tightening symmetrical triangle pattern. A descending resistance line from previous highs continues to compress price action against rising support from below. That structure usually signals a decisive move once the price escapes the narrowing range. Dark Defender’s projection shows XRP breaking through the descending resistance line before accelerating sharply higher. The chart places the next major Fibonacci level near $3.56, which sits close to XRP’s previous high. Above that, the analysis identifies targets near $5.85 and $8.78. The Ichimoku cloud on the chart still shows a major resistance zone overhead. XRP trades below the cloud after months of corrective price action. A future move into the cloud, followed by a breakout above it, would strengthen the bullish outlook. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Momentum Builds Around Long-Term Setup The chart’s structure shows a long consolidation period following XRP’s explosive move in late 2024 . Since then, price action has gradually formed higher lows as sellers lost momentum near descending resistance. Dark Defender believes the current setup closely follows a classic Elliott Wave continuation pattern . His chart labels the next projected advance as Wave 5, which often represents the final expansion phase in a bullish cycle. While XRP remains inside consolidation for now, the compression visible on the weekly chart continues to narrow. That setup places strong focus on the current resistance area. A breakout above it could open the path toward the higher Fibonacci targets highlighted in the analysis. 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 Dark Defender Says XRP Is Heading to Double Digits First. Here’s why appeared first on Times Tabloid .
11 May 2026, 03:42
Bitcoin rallies 2.3% after Trump calls Iran peace proposal ‘totally unacceptable’
10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week.
10 May 2026, 20:30
Sam Altman says Gen Z is using ChatGPT like a personal operating system
OpenAI CEO Sam Altman said younger generations are using ChatGPT very differently from older users. College students, in particular, have integrated the chatbot so deeply into their routines that it now works like a digital operating system for many of them. Altman spoke about this clear generational divide at Sequoia Capital’s AI Ascent event. Older users mostly use ChatGPT as a smarter search engine, while people in their 20s and 30s use it more like a personal advisor. He also observed college students building entire workflows around it. “They really do use it like an operating system,” Altman said during the interview, published by Sequoia on YouTube. “They have complex ways to set it up to connect it to a bunch of files, and they have fairly complex prompts memorized in their head or in something where they paste in and out.” Altman said that many younger users consults ChatGPT for personal decisions. Why not? The system is extremely helpful with its past conversations and context. “There’s this other thing where they don’t really make life decisions without asking ChatGPT what they should do,” Altman said. “It has the full context on every person in their life and what they’ve talked about.” His comments highlight how AI tools are moving beyond productivity software and becoming part of daily life for their younger users. Students are adopting ChatGPT faster than anyone else OpenAI’s own data supports Altman’s observations. Americans aged 18 to 24 are adopting ChatGPT faster than any other demographic, according to another OpenAI report in February 2025. Over 30% of people in that age group already use the platform, Business Insider confirms. Separate research from the Pew Research Center found that 26% of U.S. teenagers between 13 and 17 used ChatGPT for schoolwork in 2024. That was up sharply from 13% in 2023. For many students, using ChatGPT as an “operating system” means more than asking homework questions. Users connect the chatbot to lecture notes, PDFs, cloud storage, calendars, and coding tools. Some build reusable prompt templates for writing, studying, research summaries, scheduling, and software development. Universities are still trying to catch up. Many schools now allow limited AI-assisted brainstorming or editing, but require students to disclose when generative AI tools are used in assignments. Others have tightened restrictions over concerns about plagiarism and overreliance on AI systems. Researchers say the trend resembles earlier technology shifts involving smartphones and search engines. But this transition may be deeper because AI systems are increasingly becoming part of how users think, organize information, and make decisions. Experts remain divided over AI as a “life advisor” Not everyone believes relying on AI for personal advice is harmless. A November 2023 study cited by Fortune warned that ChatGPT-generated safety advice still requires expert verification. Researchers said users should understand the limitations of AI systems before acting on recommendations. Other studies have raised concerns that large language models can sound persuasive even when their advice is flawed because the systems lack real empathy, judgment, or moral reasoning. At the same time, some researchers argue that using AI for routine organization, brainstorming, or low-stakes decisions may be useful and relatively low risk. Altman compared the current moment to the early smartphone era, when younger users adapted much faster than older generations. “It reminds me of when the smartphone came out, and every kid was able to use it super well,” he said. Older users, by contrast, “took three years to figure out how to do basic stuff.” Altman also said ChatGPT now “writes a lot of our code” internally at OpenAI, though he did not give a specific percentage. By comparison, Google CEO Sundar Pichai said in 2024 that AI systems were generating more than 25% of new code at Google. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
