🇯🇵 Japan Megabanks Set to Win Mythos Access After Bessent Visit

Japan’s three megabanks — MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank are set to secure access to Anthropic’s AI model Mythos. The planned access was earlier reported by local media outlet Nikkei.

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🇺🇸🇨🇳 Trump, Xi Discussed Raising Purchases of American Crops, US Says

US President Donald Trump and Chinese counterpart Xi Jinping discussed increasing agricultural trade, and improving oil flows at their summit on Thursday, according to a White House official. Trump highlighted the need for China to boost purchases of the country’s farm products and curb flows of fentanyl precursors into the US.

#BRICS

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📱 X launches a History tab for bookmarks, likes, videos, and articles

X is turning itself into more of a “save-it-for-later” app with the launch of a new History tab that collects your bookmarks, likes, videos, and articles all in one place for easy access. Initially available on iOS, X head of product, Nikita Bier, describes the new resource as a better way to keep track of all your favorite content and return to things you want to finish reading or watching later.

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😺 OpenAI Floats Idea of Global AI Governance Body With US, China

OpenAI would support the creation of a global governance body for AI led by the US and including China as a member, a top company executive said. When asked about the China summit, OpenAI’s Vice President of Global Affairs Chris Lehane said that the US has an opportunity to use its lead in AI technology to create a global governance mechanism resulting in safer, more resilient systems.

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🇺🇸 Higher-Ethanol Gasoline Wins House Vote in Biofuels Boost

The US House of Representatives passed legislation to allow year-round, nationwide sales of higher-ethanol E15 gasoline, handing a long-sought win to farm groups eager to boost demand for swelling corn supplies.

The measure, which passed 218-203 in a vote Wednesday, is only a first step. It still needs approval in the Senate, where its prospects are uncertain, and then support from the president. But the result represents a major advance for biofuels following more than a decade of failed attempts to expand the market for E15.

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⚡️🧑‍⚖️ Clarity Act clears U.S. Senate committee, on its way to a final test in Congress

Landmark legislation to regulate the digital asset industry at large squeezed past a key Senate committee following weeks and months of strained deliberations.

🟠On Thursday, the Senate Banking Committee voted 15-9 to advance its version of a crypto market structure bill, called the Clarity Act, with support from both Democratic Sens. Ruben Gallego and Angela Alsobrooks.

The vote comes after months of tense negotiations among the White House, lawmakers, the crypto industry, and bank trade groups. The bill would comprehensively regulate the crypto industry at the federal level for the first time, in part through divvying up jurisdiction between the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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🤑 What makes XRP unique? Brad Garlinghouse, CEO at Ripple, answers in under a minute.

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💵 Claude helps recover $395,000 in bitcoin trapped on a computer for years

A viral X post is claiming Claude 'cracked' a forgotten bitcoin wallet to recover 5 BTC from a user's computer. But don't get caught in the hype as that is not what happened. Anthropic's AI simply helped the owner search their own computer for an old wallet file, which was then decrypted with a password the owner already had written down in a notebook.

🟠The owner had been trying for eight weeks to brute-force the password on their current Blockchain.com wallet, testing roughly 3.5 trillion combinations using the btcrecover service on a rented computing chip.

The recovery happened when the user "dumped my whole college computer into Claude" as a last-ditch effort, and the assistant located an old wallet backup from December 2019 that was encrypted with a password the user already had written down in a notebook. ✍️

❗️The old password decrypted the old backup, which contained the same private keys controlling the current funds, since bitcoin private keys never change.

The password itself was "lol420fuckthePOLICE!*:)" 😁 per the user's own X disclosure. Total Vast.ai GPU spend on the failed brute-force attempts was around $15, with the recovery effectively a file search.

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🇮🇳 India Asks US for Russian Waiver Extension

India has asked the US to extend its waiver on Russian oil, as the nearly 11-week war in the Persian Gulf disrupts energy supply. The US first provided a green light in March, and then widened that with an authorization that runs until May 16, in an effort to limit rising oil prices with additional barrels.

#BRICS

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⚡️🇺🇸🇨🇺 CIA Chief Ratcliffe Leads US Delegation to Cuba to Urge Talks

Central Intelligence Agency Director John Ratcliffe led a US delegation to Cuba and conveyed to officials there that the administration wished to negotiate with the communist government, but only if it made changes, an agency official said Thursday.

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🇺🇸 House releases amended housing bill text, schedules vote for next week

Senior House lawmakers late Wednesday reached a bipartisan deal on housing affordability legislation and scheduled a floor vote for next week. The final House text would maintain restrictions on Wall Street’s purchase of single-family homes — a priority for President Donald Trump — but would significantly scale back the Senate bill’s limitations on so-called institutional investors in the housing market.

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🇺🇸 Trump EPA Proposes Voiding Wastewater Limits for Coal Plants

The Trump administration is formally proposing to roll back wastewater limits for coal-fired power plants. The Environmental Protection Agency said it wants to replace strict Biden-era caps on wastewater released by coal-fired power plants with new ones that give companies flexibility to set their own limits.

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🤖 Hybrid silicon system keeps electrons hot 25,000 times longer to drive chemical reactions

A team at the National Laboratory of the Rockies (NLR) has finally figured out how to catch the lightning before it vanishes. Researchers have developed a hybrid semiconductor-catalyst system that captures high-energy sunlight more efficiently than solar panels or plants.

The system can easily capture high-energy sunlight that would otherwise be wasted as heat. Interestingly, this hybrid material keeps high-energy “hot electrons” alive 25,000 times longer than standard silicon.

“Our work seeks to push the limits of how much energy we can yield from the sun, and the semiconductor-molecular catalyst hybrid system used in this study reveals one possible pathway,” — said Nathan Neale, research scientist at NLR.

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🇺🇸🇨🇳 Elon Musk, Tim Cook Attend Xi's China State Dinner For Trump

#BRICS

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🇯🇵 Takaichi to Visit Korean President’s Hometown to Strengthen Ties

South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi will meet in the South Korean city of Andong next week, extending a highly personalized diplomatic exchange at a time of shifting dynamics between the US and China, and mounting uncertainty over regional security.

Takaichi will visit Lee’s hometown region of Andong in North Gyeongsang Province from May 19-20 at Lee’s invitation, according to a written statement from the presidential office. The visit comes after Lee traveled to Nara, Takaichi’s political home turf, earlier this year, marking what Seoul described as the first exchange of visits between the hometown regions of South Korean and Japanese leaders.

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🇺🇸🇨🇳 A lot of good has come of it’: Trump is bullish on China visit

Seated beside the Chinese leader in an ornate meeting room with gold carpet, Trump said he had secured “fantastic” trade deals for both countries and made progress in his effort to enlist Xi’s help in reopening the Strait of Hormuz – though he gave no details.

“This has been an incredible visit,” — he said. “I think a lot of good has come of it.”

#BRICS

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⚡️🇺🇸🇨🇳 Trump on China:

We made a lot of great trade deals, including over 200 planes from Boeing with a promise of 750 planes, which will be by far the largest order ever if they do a good job with the 200, which I'm sure they will.

And that's General Electric also, the engines. So they're buying General Electric.

So it's approximately 400–450 engines and 200 planes and a promise of up to 750 if they do a good job.

#BRICS

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⚡️ G-7 to Discuss Bond Selloff Sending Yields to Multi-Decade Highs

Group of Seven finance chiefs are set to discuss the selloff in government bonds that’s sending yields on some benchmark securities to their highest levels in decades, with at least one member viewing the move as temporary.

Japanese Finance Minister Satsuki Katayama said Friday the G-7 are expected to talk about developments in bond markets at their May 18-19 gathering in Paris. She spoke a day after her nation’s 30-year government bond yields climbed to the highest since that tenor’s 1999 debut, while rates on 20- and 40-year debt also hit the highest in decades.

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🇨🇳🇷🇺 Putin to Visit Beijing Only Days After Trump Departs, SCMP Says

Russian leader Vladimir Putin will visit Beijing on May 20, the South China Morning Post reported, which would be days after President Xi Jinping’s summit in the Chinese capital with his US counterpart Donald Trump. The one-day trip is seen as a routine part of the Kremlin’s relationship with Beijing.

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🇹🇷 Turkey Floats $1.2 Billion Fuel Pipeline to Eastern NATO Allies

Turkey has proposed building a $1.2 billion (€1 billion) fuel pipeline for military use to help meet the energy needs of allies on NATO’s eastern European flank.

Following a push by the alliance to expand its military pipeline network, Ankara is proposing that the new link be built from Turkey to Romania via Bulgaria. Turkey’s pitch to NATO comes as it prepares to host the alliance’s summit in July.

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