May 2026

Magic brand head coach Jamahl Mosley after the team blows a 3-1 lead in the playoff matchup

The Orlando Magic fired head coach Jamahl Mosley on Monday after the team blew a 3-1 series lead to the Detroit Pistons and was eliminated from the playoffs. Mosley took over as the Magic’s head coach prior to the start of the 2021–22 season after spending 14 seasons as an assistant with the Denver Nuggets, […]

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DTCC sets October launch for tokenized securities platform in Wall Street blockchain push

Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said on Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow companies to issue digital versions of assets already held in custody

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Secretlab marks Star Wars Day with the release of a new Mandalorian-themed chair

Secretlab has unveiled a new Star Wars chair It is based on the excellent The Mandalorian TV show It has a Beskar-inspired chrome-leather finish May 4th, aka Star Wars Day, is finally here, and gaming furniture company Secretlab is marking the occasion with a limited edition release based on one of the best Star Wars

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Tom Lee Says ‘Crypto Spring’ Started When Bitmine Buys $238M in Ether

Bitmine (BMNR), the largest Ethereum tax company, bought 101,745 ether (ETH) last week as chairman Thomas Lee said a new “crypto spring” is on the way, even as market sentiment remains subdued. The purchase lifted the firm’s holdings to over 5.18 million ETH, about 4.29% of the token’s outstanding supply, according to a Monday update.

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China says it is illegal for companies to fire people if AI takes their jobs

Chinese law requires a “major change in the objective circumstances” to terminate a contract AI and automation are not enough by themselves to justify firing an employee Workers also have some responsibility to keep up with AI China has made it illegal for companies to fire workers on the grounds that they can be replaced

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Confusion in the Strait of Hormuz keeps shipping companies guessing

Shipping companies said Monday that President Trump’s offer to grant them safe passage through the Strait of Hormuz fell short of the kind of arrangements that would persuade them to make the trip. Mr. Trump said Sunday that the United States would “guide” commercial vessels through the strait, which Iran has effectively closed since the

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Binance Launches Withdrawal Lock to Help Deter Crypto Key Attacks

Binance is launching a user-controlled withdrawal lock aimed at a threat that the crypto industry has spent the past year anticipating: physical coercion of holders, also known as the so-called wrench attacks. The “Withdraw Protection” feature lets users freeze their own account against onchain withdrawals for one to seven days, the exchange said Monday. A

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Three dead in suspected hantavirus infection outbreak on cruise ship: WHO

The WHO supports the response, noting that one case of the rodent-borne disease has been confirmed so far and there are five more suspected cases. Detailed investigations are underway, including further laboratory tests. Of the six people affected, three have died and one is currently in intensive care in South Africa. “Medical care and support

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