“You, aged 18 to 25, are catching the greatest stroke of luck in your lifetime—the arrival of AI!” - a16z co-founder Marc Andreessen #AI

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Original author: ChandlerZ, Foresight News
On the evening of May 28, the SPACEEX-USDH perpetual contract on Hyperliquid experienced a sharp flash crash, with the price falling from a low of $2,277 to a low of $1,254 within 30 minutes, a drop of nearly 45%, before rebounding to around $2,169.
This crash resulted in the liquidation of 405 users and 1,393 positions, with a total liquidation amount of $1.51 million.
Data shows that the total trading volume of this contract in the past 24 hours...

SpaceX's stock price plummeted 45% in 30 minutes; retail investors were already hit hard even before the company went public.

Over the past two decades, the most valuable assets on the internet have been two things: user time and ad space.

Whoever can get users to spend more time browsing and click more will capture the largest slice of the digital economy. Traffic is the hardest currency of this era.

But today, a new signal is emerging.

[Digital Labor Force] From January to May 2026, Anthropic's annualized revenue surged from $9 billion to $45 billion.

Meanwhile, ChatGPT's individual subscription growth stagnated, and the global 2C paid conversion rate for AI applications is generally below 5%. Charging just one dollar and users will switch to Doubao...

AI is not replicating the internet; it is replicating the Industrial Revolution.

Strategy, formerly known as MicroStrategy, is facing intense scrutiny and criticism from Wall Street professionals for its strategy of aggressively accumulating Bitcoin with unlimited leverage.

Jeff Dorman, Chief Investment Officer of Arca, a well-known cryptocurrency asset management firm, has publicly warned that Strategy's capital structure, which relies heavily on issuing preferred stock, is now facing a "gotten out of hand" crisis.

(Annually 15...)

Arca's Chief Investment Officer warns: Strategy MicroStrategy's $15 billion magnesium preferred stock is "out of control," with the probability of selling cryptocurrency this year exceeding 90%.