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Cysic, ZK Layer-1 And Hardware Provider Announce Launch of ComputeFi

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Cysic, the zero-knowledge (ZK) proof generation and verification layer-1, announces ComputeFi, a hardware tokenisation model enabling developers and users to access high-performance computing power through on-chain assets. With the cost of GPUs and specialised chips rising sharply, and infrastructure dominated by large players, ComputeFi aims to make computing power more affordable and decentralised for developers and users.

Cysic is the first full-stack compute network, purpose-built for AI/ZK and mining workloads. By vertically integrating from silicon to blockchain, Cysic achieves unmatched control over performance, cost, and scalability. It serves as foundational infrastructure for Web3 and decentralised computing at scale.

ComputeFi is designed to unlock real-world utility in crypto, said Leo Fan, Co-Founder of Cysic. We wanted to ease the cost of scaling real-time applications, and help to generate sustainable yield for the biggest crypto use cases today: crypto mining, AI inference, and zero-knowledge proving.

With Nvidia reportedly raising GPU prices by up to 15%, and the chip market projected to grow at a 7.26% CAGR through 2033, access to computing power is becoming unaffordable. Smaller developers and projects are being priced out of infrastructure, limiting their ability to build scalable, real-time applications. ComputeFi addresses this by lowering the entry cost for compute access and giving users a share of infrastructure-backed rewards.

ComputeFi tokenises real computing hardware (GPUs, ZK chips, mining rigs) into digital assets that anyone can invest in or earn from—without needing to buy or store physical machines. These tokens are managed by smart contracts that track performance, automate reward distribution, and record activity on-chain.

What is the Gap Cysic is trying to Bridge with Respect to Scalability Onchain Economic Reliability?

Cysic is bridging the gap between the rising demand for scalable, real-time blockchain applications and the limited, often centralised access to the compute power required to run them. Today, high-performance computing—critical for AI, zero-knowledge proofs, and mining—is expensive and concentrated in the hands of a few players. This bottlenecks the reliability and growth of the on-chain economy. ComputeFi decentralises access to this infrastructure by turning real-world computing hardware into tokenised assets that are accessible, programmable, and yield-generating, enabling broader participation and reducing costs for developers and users.

Will Cysic Propagate ComputeFi in the tent of Bootstrapping InfoFi and RWAs?

Absolutely. ComputeFi is our core thesis—it’s about turning raw compute into financial assets. The ComputeFi platform functions by tokenising RWAs (Real World Assets): real computing hardware, including GPUs, ZK chips, and mining rigs. These tokens become assets that anyone can earn from, without needing to manage or store the machines directly.

We’re building ComputeFi products that directly plug into these markets, enabling transparent, on-chain compute power as collateral or as data verifiers. And when it comes to InfoFi—the idea of financialising information itself—ComputeFi becomes the infrastructure layer that enables verifiable computing to transform raw data into trustworthy, tradable insights.

How Will ZK Stack Validium Help Make Cysic ComputeFi Progress Meaningful?

Validium gives us the best of both worlds: scalability and verifiability. In the context of ComputeFi, this means we can run massive amounts of compute-intensive tasks off-chain—think ZK proofs, AI inference, data indexing—but still commit proofs of correctness on-chain. It makes the whole system transparent, auditable, and secure without killing performance. That’s how we make ComputeFi a foundation for credible, verifiable assets—ZK tech ensures the system isn’t just fast, but trustworthy.

Will Users Be Incentivised Through Compute2Earn Mechanism?

Yes. ComputeFi introduces a Compute2Earn model where users who hold or stake tokenised compute assets—such as NFTs representing GPU or mining hashpower—can earn yield generated by the underlying hardware. For example, in the mining context, users receive DOGE rewards based on actual output. Over time, this model may expand to include staking or routing compute power for ZK proofs or AI workloads, allowing users to earn based on real economic activity powered by their fractional ownership in the compute layer.

The movement towards ComputeFi gives developers and everyday users a practical way to access the compute resources needed for blockchain, AI, and privacy technologies. By bridging the gap between hardware providers and those building real-time applications, Cysic’s model ensures that compute power doesn’t remain locked in the hands of a few large players, but becomes a shared, usable asset for the entire crypto ecosystem.

Most people can’t afford to buy and operate high-end compute hardware,” said Leo. ComputeFi bridges this gap. It connects those who need compute with those who have it, and allows anyone to generate yield from the infrastructure that powers blockchain, AI, and mining technologies.

One of ComputeFi’s first proposed applications is Dogecoin and Litecoin mining, which is currently being developed and will be rolled out in the coming months. Cysic plans to create NFTs representing multi-million hashes per second of mining power. Token holders would earn DOGE rewards based on the actual output of the equipment, bringing mining profits to a wider pool of users. This model removes the barriers of hardware ownership while ensuring transparency and verifiable payouts.

Tesla Faces Steep Sales Decline in Canada as Political and Policy Pressures Mount

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Tesla’s sales problems have taken a sharp turn in Canada, with new data showing an over 85% collapse in vehicle registrations in Quebec in the first quarter of 2025—a dramatic reversal for what has been one of the province’s most popular EV brands.

Between January and March, just 524 new Tesla vehicles were registered in Quebec, a sharp plunge from the 5,097 units recorded in the last quarter of 2024. The Model Y, Tesla’s flagship SUV and global bestseller, accounted for the largest drop—falling from 3,274 units to 360. Meanwhile, the Model 3, Tesla’s entry-level sedan, nosedived by 94%, with just 96 units registered.

While auto sales tend to taper off in the first quarter of any year, the scale of Tesla’s decline in Quebec points to problems far beyond seasonal norms. The crash in numbers aligns with similar declines in European markets, where Tesla’s sales fell nearly 50% in April, even as EV demand rose across the board.

In both regions, industry analysts suggest the issue is no longer the market but the brand itself.

In China—Tesla’s second-largest market after the United States—the company has been steadily losing ground to domestic EV manufacturers like BYD, Nio, and Li Auto. BYD, in particular, overtook Tesla in global EV sales at the end of 2023 and has continued to extend its lead in 2024 and 2025.

Chinese carmakers, buoyed by government support and lower production costs, are offering better range and pricing, undercutting Tesla in a market where affordability and nationalism now drive consumer decisions. Tesla has also had to reduce production at its Shanghai Gigafactory due to sluggish local demand and intensified competition.

Rebate Freeze and Trade Fallout

At the heart of Tesla’s troubles in Canada is a sweeping rebate freeze imposed by the federal government. Transport Minister Chrystia Freeland halted all federal EV rebates to Tesla buyers in March after a sudden surge in claims, from an average of 300 to nearly 5,800 per day, raised red flags over possible manipulation or bulk-buying schemes.

Freeland also confirmed that Tesla will be excluded from future incentives for as long as U.S. President Donald Trump’s 25% tariffs on Canadian goods remain in place. Tesla, being an American manufacturer, is caught squarely in the crossfire of the escalating trade tensions between Ottawa and Washington.

Adding to the blow, several provinces—British Columbia, Prince Edward Island, and Manitoba—have also delisted Tesla vehicles from their local EV incentive programs, effectively stripping the brand of much of its affordability appeal in key Canadian markets.

Now, Tesla’s crisis has spread to Canada, right on the doorstep of the United States, where it remains the dominant EV maker. The sharp decline in Quebec, Tesla’s most robust Canadian market, marks a significant erosion of its North American stronghold.

Brand Trouble From Musk’s Politics

Tesla’s fall in Quebec isn’t just economic—it’s political. The company is navigating a growing global backlash fueled by its controversial CEO Elon Musk. His public endorsements of European far-right parties, including Germany’s AfD and Britain’s Reform UK, have alienated many progressive-leaning buyers, especially in regions like Quebec where liberal politics dominate.

In North America, Musk’s brief tenure as head of the U.S. Department of Government Efficiency (DOGE) has further stirred controversy. Though he announced last month that he was stepping down from the role—citing the federal law that limits government service for “special employees” to 130 days per year—Tesla dealerships across a dozen U.S. states had already been targeted by protestors and vandalized during his stint.

Musk’s heavy involvement in U.S. politics, including nearly $300 million in donations during the 2024 presidential race, has not only put him at the center of partisan fights but is increasingly seen as a liability for Tesla’s global consumer brand.

Turning the Page?

Tesla shares began to rebound in April after Musk announced he would step back from political engagements and “spend 24/7 at work” on his businesses. In recent interviews—including one with Bloomberg at the Qatar Economic Forum—he signaled that his days of bankrolling U.S. politics are behind him, calling his 2024 spending spree a “mistake.”

But reversing the damage may take more than a few press statements. With rebates frozen, regulatory scrutiny rising, and brand sentiment dipping in regions where Tesla once thrived, the company faces a tough road to win back both governments and consumers.

However, some analysts and investors believe Tesla’s fundamentals remain strong and that the current troubles are temporary. The company has a vast charging infrastructure, a technological lead in battery software, and an expanding footprint in energy storage and AI. But confidence hinges on one variable: Elon Musk’s ability and willingness to step away from politics.

In other words, Tesla’s rebound will depend not only on correcting its sales figures but also on restoring its image with customers disillusioned by politics.

PSG Crush Inter Milan 5–0 to Win First Champions League Title, Complete Historic Treble

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Paris Saint-Germain have finally secured their long-coveted place among Europe’s elite, thrashing Inter Milan 5–0 in the UEFA Champions League final to lift the trophy for the first time in the club’s history.

The victory, achieved at Munich’s Allianz Arena, also sealed a treble for PSG, who had earlier claimed the Ligue 1 title and the Coupe de France.

The five-goal margin is the largest ever recorded in a European Cup or Champions League final since the competition began in 1956, surpassing the 4–0 wins recorded by AC Milan in 1994 and 1989, and Bayern Munich in 1974.

Achraf Hakimi opened the scoring in the 12th minute with a tap-in against his former club after a smart assist from 19-year-old Désiré Doué. The teenager then scored twice himself—his first deflecting in off Federico Dimarco before calmly slotting in a second just after the hour mark. Khvicha Kvaratskhelia, another of PSG’s young stars, added a fourth, and 17-year-old substitute Senny Mayulu put the icing on the cake with a fifth in the 86th minute.

“I have no words,” Doué said, still overwhelmed by the magnitude of his contribution. “That was just incredible. Simply incredible.”

A Bitter Irony for Mbappé

The win could not have come with more dramatic irony. Kylian Mbappé, who departed PSG for Real Madrid at the end of last season in pursuit of the Champions League title, watched from Spain as his former club reached the pinnacle without him—defeating the very Inter Milan side that had knocked Madrid out in the semifinal.

PSG’s triumph, long viewed as inevitable given the billions invested since Qatar Sports Investments took over in 2011, had eluded the club through years of heartbreak. Big-money signings like Zlatan Ibrahimovic, Edinson Cavani, Neymar, Lionel Messi, and Mbappé himself had been brought in to win the Champions League, only to fall short of their goal.

But this first European crown came not in an era defined by superstars, but rather through a shift in philosophy. Two years ago, PSG changed course, opting to phase out their expensive galáctico project and focus on young, dynamic talents. In their very first season without Mbappé, the results of that gamble have stunned Europe.

“We have made history, we have written our names in the history of this club,” Hakimi said. “For a long time, this club deserved it, we are very happy. We have created a great family.

Enrique Makes Coaching History

Manager Luis Enrique has now entered rarefied territory. The former Barcelona coach, who led the Catalan club to a treble in 2015, has become only the second manager in football history to win a treble with two different clubs—joining Pep Guardiola, who achieved the feat with Barcelona in 2009 and Manchester City in 2023.

“He is the man who has changed everything at PSG,” said Hakimi. “Since he came here, he’s changed the way football is seen in Paris. He deserves this more than anyone.”

Under Enrique, PSG have abandoned the individualistic play of past years for a fast, aggressive, collective style. His trust in youth—starting the likes of Doué, Warren Zaïre-Emery, and Kvaratskhelia in a Champions League final—was vindicated in the most spectacular fashion.

For veteran PSG defender Marquinhos, the night was as much about vindication as celebration.

“It’s a mix of joy, of all the emotions we’ve spent together,” PSG defender Marquinhos said. “I’ve suffered, but I’ve grown up with this team. I think of all the players who have come through and not succeeded. My idol Thiago [Silva], Lucas, Zlatan, [Edinson] Cavani, [Angel] Di Maria.

“So many players who have come through here who deserved this and didn’t succeed. Now we’re here and we’re bringing it home. I’m thinking of all the supporters who have been with us, those at the Parc des Princes and those around the world. I love you, enjoy it and we’re going to enjoy it here. This is the best day of my life.”

The last time PSG reached the final, in 2020, they fell to Bayern Munich in a hauntingly quiet stadium closed to fans due to the COVID-19 pandemic. This time, the Allianz Arena—again the stage—was filled with thousands of PSG supporters waving flags and lighting flares as they watched their team finally fulfill its promise.

With this win, PSG became only the second French club to lift Europe’s most prestigious trophy, following Marseille’s success in 1993. But whether this is the beginning of a PSG dynasty or a fleeting triumph will depend on whether the club stays the course.

Meta AI Hits One Billion Users, Doubling Its User Base From 500 Million Monthly Active Users in 2024

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Meta CEO Mark Zuckerberg has announced that Meta AI, the company’s AI-powered chatbot, has reached a significant milestone of one billion active users across its suite of apps.

This figure marks a dramatic rise from doubling from 500 million monthly active users reported in September 2024. The announcement was made during Meta’s annual general meeting on Wednesday, where Zuckerberg described the achievement as a key step in the company’s long-term vision for AI.

He emphasized that the next phase would focus on deepening user experience through enhanced personalization, voice conversations, and entertainment, to make Meta AI the top personal AI platform globally.

Meta’s AI surge comes amid fierce competition in the AI landscape. In comparison with several top platforms, OpenAI’s ChatGPT currently has 400 million weekly active users and about 10 million paying subscribers, while Google’s Gemini boasts over 400 million monthly active users as of May 2025.

Originally launched as a voice assistant on the second-generation Ray-Ban Meta smart glasses in September 2023, Meta AI has evolved rapidly. In April 2024, the assistant was upgraded to support multimodal input through computer vision. By July, Meta AI with Vision was integrated into Horizon OS (v68) for Quest 3 and Quest Pro, enabling real-time object detection in passthrough mode — replacing the older voice assistant software. Quest 2 users continue to access a version of Meta AI without Vision support.

Since its launch, Meta AI has positioned itself as a major contender in the competitive AI market alongside ChatGPT, Grok, and Gemini. Zuckerberg noted that Meta is prioritizing the development of the assistant before transitioning to monetization. Potential revenue streams include offering premium features via subscription or integrating paid recommendations.

“It may seem kind of funny that a billion monthly activities don’t seem like it’s at scale for us, but that’s where we’re at,” Zuckerberg told shareholders, highlighting the company’s broader ambitions.

Unlike its rivals, Meta AI remains free across Meta’s ecosystem — including WhatsApp, Facebook, and Instagram. However, with the recent launch of a standalone Meta AI assistant, Meta is eyeing a larger share of the generative AI market currently led by Google and OpenAI.

Meta AI is powered by Llama 4, the company’s most advanced large language model to date, offering enhanced reasoning, multilingual support, and improved efficiency. The assistant is also designed to remember user-specific details, such as travel preferences or language learning goals. Through Meta’s Accounts Centre, it can pull context from linked Facebook and Instagram accounts to personalize interactions further.

Meta AI’s research encompasses several areas, including:

Natural Language Processing (NLP)

Meta AI develops advanced language models that enable machines to understand, generate, and interact using natural language. Their work includes projects like BlenderBot, a state-of-the-art chatbot, and advancements in multilingual models.

Computer Vision

Meta AI is at the forefront of developing systems that understand and interpret visual data, which is crucial for applications in augmented reality (AR) and virtual reality (VR). Research in this domain includes projects like image recognition, object detection, and understanding 3D environments.

Reinforcement Learning

Meta AI focuses on reinforcement learning techniques that enable machines to learn from interactions and improve their performance over time. This is particularly relevant for developing intelligent systems that can autonomously adapt and make decisions in complex environments.

Robotics

Meta AI explores using AI in robotics to create systems that can understand and navigate physical spaces. This research aims to improve robot manipulation, perception, and control in real-world scenarios.

Responsible AI and Ethics

Meta AI is committed to ethical AI development, focusing on fairness, transparency, and accountability. The division actively researches to mitigate biases in AI models, ensure privacy, and create inclusive technologies.

Looking Ahead

Meta AI is at the forefront of artificial intelligence research and development, contributing significantly to the field with its open science approach, innovative projects, and commitment to ethical AI.

As Meta continues to expand the assistant’s reach and capabilities, its integration with AI-powered glasses and existing mobile apps signals a major push to make Meta AI a central part of users’ digital lives.

21Shares SUI ETF Could Significantly Bridge TradFi-DeFi Divide

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21Shares, a prominent issuer of crypto exchange-traded products, filed an S-1 registration statement with U.S. Securities and Exchange Commission (SEC) on May 1, 2025, to launch a spot SUI ETF in the U.S. This follows their earlier filing for a SUI ETF in Delaware and a SUI Staking ETP launched in Europe in July 2024. If approved, the ETF would be the first U.S.-listed fund offering direct exposure to SUI, allowing investors to gain exposure through traditional brokerage accounts without directly holding the cryptocurrency.

The ETF aims to track the performance of SUI using the CF Sui-Dollar Reference Rate Index, with Coinbase managing asset custody. It will not involve staking or leverage, focusing solely on price exposure. Nasdaq also filed a 19b-4 form on May 23, 2025, to list the 21Shares SUI ETF, marking a key regulatory step. The SEC has 45 days for an initial decision, with potential extensions up to 240 days (final decision by January 18, 2026).

This filing comes after Canary Capital’s SUI ETF proposal on March 17, 2025, indicating growing institutional interest in the Sui ecosystem, which has a market cap of over $12 billion and ranks 13th among cryptocurrencies. SUI’s price has shown bullish momentum, trading at approximately $3.70 with an 8% increase in the last 24 hours as of May 28, 2025, and a trading volume up 5.16% to $12.21 billion. Technical analysis suggests potential price targets of $4.56 or even $5.00 if ETF approval drives broader adoption, though bearish scenarios could see support at $3.50 or $3.00.

The Sui Foundation’s partnership with Fireblocks and its response to a $223 million exploit on the Cetus exchange further bolster institutional confidence. The SUI ETF, if approved, allows investors to gain exposure to the Sui blockchain’s native token through regulated brokerage accounts, bypassing the need for crypto wallets or exchanges. This lowers barriers for institutional and retail investors unfamiliar with DeFi.

An SEC-approved ETF signals regulatory acceptance, potentially boosting Sui’s credibility and driving broader adoption. Sui’s $12 billion market cap and layer-1 blockchain features (high scalability, low latency) could attract more institutional capital. Increased demand via the ETF could push SUI’s price higher (current price ~$3.70, with analysts eyeing $4.56–$5.00 on approval). However, it may also introduce volatility if institutional flows dominate.

Following spot Bitcoin and Ethereum ETFs, a SUI ETF approval would mark a milestone for altcoin ETFs, potentially paving the way for other layer-1 tokens like Solana or Cardano. The SEC’s decision (due by January 18, 2026) will signal its stance on newer cryptocurrencies. The filing’s timing, alongside Canary Capital’s SUI ETF proposal, reflects growing competition among issuers, which could accelerate regulatory clarity but also strain SEC resources.

The ETF aligns with Sui’s rising prominence, bolstered by partnerships (e.g., Fireblocks) and a robust DeFi ecosystem ($2 billion TVL, 18% growth in 2025). This could amplify development on Sui, attracting more dApps and users. However, the ETF’s non-staking structure limits exposure to Sui’s yield-generating potential, which may disappoint DeFi-native investors seeking full ecosystem benefits.

The ETF brings Sui into TradFi’s regulated framework, making it accessible to investors who avoid direct crypto ownership due to custody, security, or regulatory concerns. This could funnel significant capital into Sui, narrowing the divide. DeFi purists may view ETFs as diluting crypto’s ethos of decentralization, as they rely on centralized custodians (e.g., Coinbase) and don’t offer staking rewards. This creates a trade-off: broader adoption versus reduced functionality.

Many ETF investors may not understand Sui’s technology (e.g., its Move programming language or parallel transaction processing), potentially leading to speculative trading rather than informed investment in the ecosystem. Large players (e.g., hedge funds, pension funds) can leverage ETFs to allocate significant capital to SUI, potentially outpacing retail investors who face higher costs or risks on crypto exchanges. This could exacerbate wealth concentration.

Conversely, the ETF democratizes access for retail investors without crypto expertise, leveling the playing field by offering a regulated, low-friction investment vehicle. Institutional inflows via ETFs could lead to price swings that affect retail holders more acutely, especially if large players exit during market downturns. Retail investors may also lack the tools to hedge against such volatility.

The ETF primarily targets U.S. investors, potentially widening the gap between regions with access to regulated crypto products and those without. Emerging markets with high crypto adoption but limited ETF access may remain reliant on riskier platforms. Wealthier investors with brokerage accounts benefit more readily, while underbanked populations, who often use crypto for financial inclusion, may not access ETF-driven gains.

SEC rejection or delays could dampen enthusiasm and SUI’s price, reinforcing skepticism about altcoin ETFs. Institutional dominance in ETF trading could lead to price distortions, impacting retail holders on DeFi platforms. If ETFs prioritize TradFi-friendly assets, less prominent altcoins may struggle for attention, concentrating capital in top-tier projects like Sui.

The 21Shares SUI ETF could significantly bridge the TradFi-DeFi divide by integrating Sui into mainstream finance, boosting adoption and price potential. However, it may also deepen divides by favoring institutional investors, sidelining DeFi’s full potential, and creating disparities in access.