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AI's GPU obsession blinds us to a cheaper, smarter solution

Opinion by: Naman Kabra, co-founder and CEO of NodeOps Network

Graphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it’s also created a blind spot that’s holding us back.

GPUs have earned their reputation. They’re incredible at crunching massive numbers in parallel, which makes them perfect for training large language models or running high-speed AI inference. That’s why companies like OpenAI, Google, and Meta spend a lot of money building GPU clusters.

While GPUs may be preferred for running AI, we cannot forget about Central Processing Units (CPUs), which are still very capable. Forgetting this could be costing us time, money, and opportunity.

CPUs aren’t outdated. More people need to realize they can be used for AI tasks. They’re sitting idle in millions of machines worldwide, capable of running

Is Bitcoin about to go parabolic? BTC price targets include $160K next

Key points:

Bitcoin continues to attack a key resistance zone below all-time highs.

“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.

Signs of profit-taking are increasing amid the highest prices since January.

Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six figures on May 9.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price in line for “crazy numbers”

Data from Cointelegraph Markets Pro and TradingView shows barely any consolidation taking place on BTC/USD over the past 24 hours.

The pair hit $104,332 on Bitstamp, marking its highest since the end of January and a clear departure from the slow downtrend in place for much of 2025.

Reacting, market participants have begun to restore their faith in the broader Bitcoin bull market.

“November 2024 monthly candle was the breakout signal on long-term charts,” popular

Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats.

Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 million on May 7, in a sign of “sustained institutional interest,” according to the founder of Obchakevich Research, Alex Obchakevich.

“These inflows indicate the activity of institutional investors, including hedge funds and asset managers, who continue to accumulate BTC through regulated instruments,“ he said.

The ARK 21Shares Bitcoin ETF (ARKB) led with $54 million in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) at $39 million and BlackRock’s iShares Bitcoin Trust (IBIT) at $37 million. Data from Arkham Intelligence shows BlackRock acquired more than 86 Bitcoin worth $8.4 million in a single transaction on May 7.

24-hour Bitcoin price chart. Source: <a data-ct-non-breakable="null"

Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu

Ripple’s $25 million donation to a crypto education fund has reignited conversations about how blockchain projects are building influence through academia—but in the latest episode of Byte-Sized Insight, Animoca Brands’ co-founder Yat Siu says that money alone isn’t enough.

Instead, real-world use cases like student loans backed by DeFi may be crypto’s most convincing value proposition to date.

DeFi student loans

On April 30th, Pencil Finance, a project supported by Animoca Brands and its education arm Open Campus, announced a $10 million student loan financing initiative aimed at providing cheaper, blockchain-backed loans. Siu believes this type of infrastructure investment goes further than symbolic funding.

“What our industry needs a lot more is these kinds of positive-sum use cases that everyone else understands,” Siu said in the interview. “If students can receive better, cheaper and more effective opportunities and interest

Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025.

In an allocation update for Q1 2025, the organization reported spending $32 million on various initiatives through its Ecosystem Support Program (ESP).

Categories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers, developer experience and tools, layer-2 networks and overall ecosystem growth and support.

Ethereum Foundation focuses on education and community

Of the 101 grants awarded, 32 went to community and education-focused initiatives. Recipients included educational content creators, conference organizers, bootcamps and hackathons such as ETHPrague and ETHiopia.

Sixteen projects focused on improving the developer experience and tooling. Beneficiaries included projects focusing on creating software-development kits (SDKs), building analytics platforms and validator tooling.

Several projects address Ethereum Improvement Proposal (EIP) accessibility, ecosystem tools and language support libraries.

In addition, 14 grants were awarded to

Gemini to launch crypto derivatives in Europe with new license

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe.

Gemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, it announced on May 9.

“Once we commence business activities, we will be able to offer regulated derivatives throughout the EU and EEA [European Economic Area] under MiFID II,” said Gemini’s head of Europe, Mark Jennings.

According to the exec, the MiFID II license is a big milestone in Gemini’s European expansion, putting it one step closer to offering derivatives to both retail and institutional users.

Advanced traders will get perpetual futures

Gemini’s upcoming derivatives offering in the EU and EEA will include perpetual futures and other derivatives, which will be available to advanced

TapSwap on Telegram: Is it legit or a scam?

What is TapSwap on Telegram?

TapSwap is a tap-to-earn Web3 application that lives inside Telegram — no separate download required.

Are your crypto friends obsessed with tapping their phones all the time? Welcome to the world of TapSwap. TapSwap is a tap-to-earn game released in mid-2024 in the Telegram Mini Apps ecosystem. The game quickly catches your attention: one minute you’re just curious… the next, you’re tapping away at 2 am trying to squeeze out one more energy boost.

At its core, TapSwap is simple:

You tap your screen.You earn TAPS tokens.Repeat.

It’s built as a Mini App inside Telegram, which means no downloading or setting up complicated wallets just to play. Just hit “Start” and you’re in. Launched in early 2024, it quickly amassed over 72 million users, with 3 million daily active participants as of February 2025, as per the official website.

As of late

Read More at https://cointelegraph.com/explained/tapswap-on-telegram-is-it-legit-or-a-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Senator Tim Scott slams partisan politics for failed stablecoin bill

Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.

Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step toward greater affordability and innovation. Instead, he said, political divisions took precedence.

“Instead, we witnessed a disappointing display of political gamesmanship that puts partisan politics above policy, and obstruction above innovation, “Scott said.

The bill had previously undergone multiple amendments to address concerns raised by Democrats, including stricter requirements for stablecoin issuers and further provisions for Anti-Money Laundering.

Scott criticizes last-minute opposition

Scott, a South Carolina Republican, said that “the GENIUS Act was a bipartisan achievement at the Banking Committee.” By working

Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty.

Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.

In his remarks, Ko cited Bitcoin’s potential to become a hedge amid global economic risks and urged Taiwan to recognize the cryptocurrency alongside gold and foreign exchange reserves to boost its financial resilience.

Source: Ko Ju-Chun

Ko’s announcement came shortly after the legislator held talks with Samson Mow, who advocates for Bitcoin adoption by states like El Salvador at his BTC tech firm Jan3.

Taiwan is an export-oriented economy

Ko highlighted

Bitcoin eyes sub-$100K liquidity — Watch these BTC price levels next

Key points:

Bitcoin (BTC) is at its highest levels since January, and traders are eyeing key levels to watch for what’s next.

After hitting $104,000, BTC/USD is retracing to establish support, but the fate of $100,000 is among the concerns for market participants.

Current price action represents an important battleground, as measured from the $75,000 lows this year.

” Headline driven” BTC price gains draw scrutiny

Just $6,000 from new all-time highs, per data from Cointelegraph Markets Pro and TradingView, BTC price action has stunned the market by jumping 10% in days.

The pace of the BTC price gains has come as a surprise for many, but longer-term perspectives show where the most difficult battleground lies.

“Since this current impulse was primarily headline driven again this puts markets into a crucial & critical trading day,” trader Skew said about the impetus for