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US Housing Regulator to Study Crypto Holdings in Mortgage Qualification Process

by admin June 24, 2025



In brief

  • The FHFA will examine the impact of crypto holdings on mortgage qualifications in the U.S.
  • A Trump donor and meme stock investor, Pulte has long supported digital assets, holding investments in Bitcoin and Solana.
  • Pulte joined the FHFA earlier this year and was sworn in as director in March.

The U.S. Federal Housing Finance Agency will examine how crypto holdings might be considered in the mortgage qualification process, its director, Bill Pulte, said Monday.

“We will study the usage of cryptocurrency holdings as it relates to qualifying for mortgages,” Pulte announced on X.

Further details on how crypto would be assessed were not provided. The FHFA has been approached for comment.

The FHFA is the independent regulator of key aspects of the U.S. housing market, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. 

It was created in the wake of the 2008 financial crisis to ensure entities operate safely and provide reliable funding for housing finance.

Pulte was sworn in as director of the FHFA on March 14 following his nomination by President Donald Trump.

Pulte, the founder of investment firm Pulte Capital Partners, is the grandson and namesake of William Pulte, the founder of Pulte Homes, the third-largest homebuilder in the U.S.

In addition to advocating for the inclusion of crypto in FHFA policy, Pulte has his own investments in digital assets.



His financial disclosure earlier this year shows holdings of between $500,001 and $1,000,000 in both Bitcoin and Solana. 

He also holds shares in MARA, formerly Marathon Digital Holdings, a major bitcoin mining company.

In addition to crypto, he has also held so-called meme stocks such as GameStop and Bed Bath & Beyond. He has invested in Tesla, Palantir, and several companies owned by YouTube content creator MrBeast.

Pulte entered the crypto market in 2019, publicly revealing that he had purchased 11 BTC and announcing that he would give away crypto to his followers on X.

According to OpenSecrets, Pulte donated $6,600 to Donald Trump’s re-election campaign in 2024, as well as contributions to Trump’s Save America PAC and the Republican National Committee.

Edited by Sebastian Sinclair

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June 24, 2025 0 comments
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Yet Another Study Finds Weed Is Bad for Your Heart
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Yet Another Study Finds Weed Is Bad for Your Heart

by admin June 18, 2025


In recent years, weed use among U.S. adults has reached an all-time high. While many laud this drug as safe, natural, and even medicinal, a growing body of evidence suggests it contributes to adverse cardiovascular effects—including deadly heart disease. 

A new study published in the journal Heart on Tuesday, June 17, presents new evidence showing that marijuana use doubles the risk of dying from cardiovascular disease. The researchers found particularly heightened risks of stroke and acute coronary syndrome (ACS)—a sudden reduction in blood flow to the heart, such as a heart attack. While previous studies have linked cannabis to cardiovascular problems, this research underscores the severity of these risks. The authors note, however, that future studies will need to verify this link and investigate the mechanisms behind it. 

The findings may come as a shock to those who consider weed a harmless high, but co-author Emilie Jouanjus, a clinical pharmacologist at the University of Toulouse in France, was not surprised. She’s been studying the adverse health effects of marijuana for more than a decade and hopes this study will promote better decision-making around marijuana use. 

“I think that it’s very important that people realize that there is risk, even if it’s a natural product,” Jouanjus told Gizmodo. Over the last decade, increased state legalization has made weed more accessible and less stigmatized, contributing to a rise in recreational and medicinal use. Jouanjus and her colleagues argue that public health messaging should treat cannabis like tobacco—not criminalizing it, but actively highlighting its risks and discouraging use.

The researchers analyzed 24 studies, conducted between January 2016 and December 2023, that investigated the link between marijuana use and serious cardiovascular outcomes. These studies involved roughly 200 million participants mostly between the ages of 19 and 59. They specifically looked at cardiovascular disease death and non-fatal outcomes including stroke and ACS.

The analysis found that cannabis use increases the risk of ACS by 29%, risk of stroke by 20%, and doubles the risk of dying from cardiovascular disease. While the researchers say their study provides an exhaustive analysis of the available data on marijuana use and cardiovascular disease, Jouanjus noted that the included studies were limited by a lack of data on when and how participants were exposed to cannabis.

This leaves several important questions unanswered, such as, at what dosage does cannabis become unsafe? Are the cardiovascular risks lower for occasional marijuana users? Is consuming edibles safer than smoking weed? Jouanjus hopes future studies will explore these questions. Some researchers have already begun, like Matt Springer, a cardiovascular researcher at the University of California San Francisco. 

Springer co-authored a recent study, published in the journal JAMA Cardiology in May, that found both smoking weed and eating edibles increase risk of cardiovascular disease. The finding challenges widespread assumptions that edibles are a less-harmful way to consume marijuana and underscores the drug’s alarming cardiovascular effects. 

Like Jouanjus, Springer wasn’t surprised by the link between cannabis use and cardiovascular disease death. “This is consistent with several reports in the last few years showing associations between cannabis use and various kinds of cardiovascular outcomes, as well as another recent meta-analysis reported at the [American College of Cardiology] conference in March,” he told Gizmodo in an email. That study found that cannabis users face significantly higher risk of heart attack than non-users. 

Springer’s latest study found that cannabis users showed reduced blood vessel dilation, which puts them at greater risk of heart attack and other poor cardiovascular outcomes. In theory, this could contribute to the increased risk of cardiovascular disease death that Jouanjus and her colleagues found, he said, but researchers need more evidence to support that claim.

There are other potential mechanisms, too. Jouanjus pointed to previous research that found that, like tobacco, cannabis contributes to buildup of plaque within artery walls. This increases the risk of heart attack, stroke, and peripheral artery disease. She also highlighted that the psychoactive compound in marijuana—tetrahydrocannabinol (THC)—is far more concentrated in cannabis products today than those from 20 years ago. This, too, may contribute to the increased risk of cardiovascular death she observed in her study.

While all of these factors could plausibly influence weed’s cardiovascular effects, getting to the bottom of why this drug damages heart health will require more research. In the meantime, Jouanjus feels there is enough evidence to warrant caution and moderation when using marijuana. The public is well aware of the benefits of cannabis, but she hopes her study can draw attention to its risks, too.

Springer agrees, “These reports over the last few years, including ours and this paper, indicate that cannabis is not necessarily harmless,” he said.



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June 18, 2025 0 comments
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Love in the Time of Chatbots: 75% of Users Turn to AI for Emotional Advice, Study Finds
NFT Gaming

Love in the Time of Chatbots: 75% of Users Turn to AI for Emotional Advice, Study Finds

by admin June 10, 2025



In brief

  • Waseda University researchers developed a scale to measure human emotional attachment to AI, finding that 75% of participants sought emotional advice from chatbots.
  • The study identified two AI attachment patterns mirroring human relationships—attachment anxiety and attachment avoidance.
  • Lead researcher Fan Yang warned that AI platforms could exploit vulnerable users’ emotional attachments for money, or worse.

They’re just not that into you—because they’re code.

Researchers from Waseda University have created a measurement tool to assess how humans form emotional bonds with artificial intelligence, finding that 75% of study participants turned to AI for emotional advice while 39% perceived AI as a constant, dependable presence in their lives.

The team, led by Research Associate Fan Yang and Professor Atsushi Oshio from the Faculty of Letters, Arts, and Sciences, developed the Experiences in Human-AI Relationships Scale (EHARS) after conducting two pilot studies and one formal study. Their findings were published in the journal, “Current Psychology.”

Anxiously attached to AI? There’s a scale for that

The research identified two distinct dimensions of human attachment to AI that mirror traditional human relationships: attachment anxiety and attachment avoidance.

People who exhibit high attachment anxiety toward AI need emotional reassurance and harbor fears of receiving inadequate responses from AI systems. Those with high attachment avoidance are characterized by discomfort with closeness, and prefer to be emotionally distant from AI.

Image: Waseda University

“As researchers in attachment and social psychology, we have long been interested in how people form emotional bonds,” Yang told Decrypt. “In recent years, generative AI such as ChatGPT has become increasingly stronger and wiser, offering not only informational support but also a sense of security.”

The study examined 242 Chinese participants, with 108 (25 males and 83 females) completing the full EHARS assessment. Researchers found that attachment anxiety toward AI was negatively correlated with self-esteem, while attachment avoidance was associated with negative attitudes toward AI and less frequent use of AI systems.



When asked about the ethical implications of AI companies potentially exploiting attachment patterns, Yang told Decrypt that the impact of AI systems is not predetermined, and usually depends on both the developers’ and users’ expectations.

“They (AI chatbots) are capable of promoting well-being and alleviating loneliness, but also capable of causing harm,” said Yang. “Their impact depends largely on how they are designed, and how individuals choose to engage with them.”

The only thing your chatbot can’t do is leave you

Yang cautioned that unscrupulous AI platforms can exploit vulnerable people who are predisposed to being too emotionally attached to chatbots

“One major concern is the risk of individuals forming emotional attachments to AI, which may lead to irrational financial spending on these systems,” Yang said. “Moreover, the sudden suspension of a specific AI service could result in emotional distress, evoking experiences akin to separation anxiety or grief—reactions typically associated with the loss of a meaningful attachment figure.”

Said Yang: “From my perspective, the development and deployment of AI systems demand serious ethical scrutiny.”

The research team noted that unlike human attachment figures, AI cannot actively abandon users, which theoretically should reduce anxiety. Nonetheless, they still found meaningful levels of AI attachment anxiety among participants.

“Attachment anxiety toward AI may at least partly reflect underlying interpersonal attachment anxiety,” Yang said. “Additionally, anxiety related to AI attachment may stem from uncertainty about the authenticity of the emotions, affection, and empathy expressed by these systems, raising questions about whether such responses are genuine or merely simulated.”

The test-retest reliability of the scale was 0.69 over a one-month period, meaning that AI attachment styles may be more fluid than traditional human attachment patterns. Yang attributed this variability to the rapidly changing AI landscape during the study period; we attribute it to people just being human, and weird.

The researchers emphasized that their findings don’t necessarily mean humans are forming genuine emotional attachments to AI systems, but rather that psychological frameworks used for human relationships may also apply to human-AI interactions. In other words, models and scales like the one developed by Yang and his team are useful tools for understanding and categorizing human behavior, even when the “partner” is an artificial one.

The study’s cultural specificity is also important to notice, as all participants were Chinese nationals. When asked about how cultural differences might affect the study’s findings, Yang acknowledged to Decrypt that “given the limited research in this emerging field, there is currently no solid evidence to confirm or refute the existence of cultural variations in how people form emotional bonds with AI.”

The EHARS could be used by developers and psychologists to assess emotional tendencies toward AI, and adjust interaction strategies accordingly. The researchers suggested that AI chatbots used in loneliness interventions or therapy apps could be tailored to different users’ emotional needs, providing more empathetic responses for users with high attachment anxiety or maintaining respectful distance for users with avoidant tendencies.

Yang noted that distinguishing between beneficial AI engagement and problematic emotional dependency is not an exact science.

“Currently, there is a lack of empirical research on both the formation and consequences of attachment to AI, making it difficult to draw firm conclusions,” he said. The research team plans to conduct further studies, examining factors such as emotional regulation, life satisfaction, and social functioning in relation to AI use over time.

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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June 10, 2025 0 comments
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AI's Power Consumption Will Dwarf Bitcoin by Year's End, Says Study
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AI’s Power Consumption Will Dwarf Bitcoin by Year’s End, Says Study

by admin June 2, 2025



In brief

  • A recently published paper reveals that AI energy consumption is projected to top that of Bitcoin mining by the start of 2026.
  • Unlike Bitcoin’s transparent energy usage, tech giants like Google and Microsoft deliberately obscure AI-specific power consumption data while reporting increased emissions driven primarily by AI operations.
  • The research asserts that Nvidia consumed 44-48% of the world’s advanced chip packaging capacity in recent years, with production set to double in 2025.

Remember when Elon Musk made Bitcoin crash by tweeting that Tesla would stop accepting it due to environmental concerns, and everyone was worried about the environmental impact of proof-of-work mining? That was in 2021, and degens haven’t forgotten.

Yet today, Musk’s xAI is building what might be the world’s largest AI supercluster, with governments rushing to create laws to boost AI innovation—while hardly anyone is questioning the energy consumption.

A new peer-reviewed research paper published in the scientific magazine Joule revealed that artificial intelligence could account for up to 49% of global data center electricity usage by the end of 2025—surpassing even Bitcoin’s notorious energy appetite.

Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam and longtime Bitcoin energy consumption critic, found AI’s power demand could hit 23 gigawatts by January 1, equivalent to about 201 terawatt-hours annually. Bitcoin currently consumes around 176 TWh per year.

Image: Joule

“Big tech companies are well aware of this trend, as companies such as Google even mention having faced a ‘power capacity crisis’ in their efforts to expand data center capacity,” de Vries-Gao wrote on LinkedIn. “At the same time, these companies prefer not to talk about the numbers involved.”

“Since ChatGPT kicked off the AI hype, we’ve never seen anything like this again,” he added. “As a result, it remains virtually impossible to gain a good insight into the actual energy consumption of AI.”

Unlike Bitcoin’s transparent energy consumption, which anyone can calculate from the network hash rate, AI’s power hunger is deliberately opaque. Companies such as Microsoft and Google reported increasing electricity consumption and carbon emissions in their 2024 environmental reports, citing AI as the main driver of this growth. However, these companies only provide metrics for their data centers in total, without specifically breaking out AI consumption.

Since the tech giants refused to disclose AI-specific energy data, de Vries-Gao followed the chips. He tracked Taiwan Semiconductor Manufacturing Company’s chip packaging capacity, since virtually every advanced AI chip requires its technology.

The math, de Vries-Gao explained, works like a business card analogy. If you know how many cards fit on a sheet and how many sheets the printer can handle, then you can calculate total production. De Vries-Gao applied this logic to semiconductors, analyzing earnings calls where TSMC executives admitted to “very tight capacity” and being unable to “fulfill 100% of what customers needed.”

His findings: Nvidia alone used an estimated 44% and 48% of TSMC’s CoWoS capacity in 2023 and 2024, respectively. With AMD taking another slice, these two companies could produce enough AI chips to consume 3.8 GW of power before even considering other manufacturers.

Image: Joule

De Vries-Gao’s projection showed AI hitting 23 GW by end of 2025, assuming no additional production growth. TSMC has already confirmed plans to double its CoWoS capacity again in 2025.

Power demand is unlikely to slow down. Nvidia and AMD announced record revenue, while OpenAI announced Stargate, a $500 billion data center venture. Indeed, AI is the most profitable business in the tech industry, with any of the top three tech companies in the world surpassing the total market capitalization of the entire $3.4 trillion crypto ecosystem.

So the environment will probably have to wait.

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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June 2, 2025 0 comments
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Crypto Trends

New Hampshire Tops List of Most Crypto-Friendly U.S. States: Study

by admin June 2, 2025



A new ranking of crypto-friendly U.S. states puts New Hampshire at the top despite its steep electricity prices and lack of bitcoin mining activity. The state scores high due to its zero capital gains tax, lack of restrictive crypto regulation and a dense network of crypto-accepting businesses and ATMs.

The study, conducted by digital mining hardware maker ASICKey, evaluated all 50 states using seven weighted factors: capital gains tax, regulatory environment, crypto adoption in business, job availability, ATM density, electricity cost, and mining presence. Tax policy and business usage were given the most weight.

New Hampshire earned the highest score — 71.22 out of 100 — with 4.4 crypto businesses and 9.3 ATMs per 100,000 people. Wyoming followed with a score of 61.89, thanks to the highest blockchain job concentration nationwide (118.4 per 100,000), low energy costs, and minimal regulation.

Nevada, Texas, and Alaska round out the top five. Each state has its own strengths — Nevada’s crypto-accepting business sector, Texas’s significant mining footprint, and Alaska’s strong blockchain job market — while also benefiting from 0% capital gains taxes.

The study underlines how tax structure and state policy shape the crypto landscape. States with favorable tax codes and clear regulatory paths appear to attract more infrastructure and job creation, while high taxes or unclear rules may slow adoption.



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June 2, 2025 0 comments
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An artist's concept of our solar system.
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A Rogue Star Could Hurl Earth Into Deep Space, Study Warns

by admin May 30, 2025


Billions of years from now, the Sun will swell into a red giant, swallowing Mercury, Venus, and Earth. But that’s not the only way our planet could meet its demise. A new simulation points to the menacing threat of a passing field star that could cause the planets in the solar system to collide or fling Earth far from the Sun.

When attempting to model the evolution of the solar system, astronomers have often treated our host star and its orbiting planets as an isolated system. In reality, however, the Milky Way is teeming with stars that may get too close and threaten the stability of the solar system. A new study, published in the journal Icarus, suggests that stars passing close to the solar system will likely influence the orbits of the planets, causing another planet to smack into Earth or send our home planet flying.

In most cases, passing stars are inconsequential, but one could trigger chaos in the solar system—mainly because of a single planet. The closest planet to the Sun, Mercury, is prone to instability as its orbit can become more elliptical. Astronomers believe that this increasing eccentricity could destabilize Mercury’s orbit, potentially leading it to collide with Venus or the Sun. If a star happens to be nearby, it would only make things worse.

The researchers ran 2,000 simulations using NASA’s Horizons System, a tool from the Solar System Dynamics Group that precisely tracks the positions of objects in our solar system. They then inserted scenarios involving passing stars and found that stellar flybys over the next 5 billion years could make the solar system about 50% less stable. With passing stars, Pluto has a 3.9% chance of being ejected from the solar system, while Mercury and Mars are the two planets most often lost after a stellar flyby. Earth’s instability rate is lower, but it has a higher chance of its orbit becoming unstable if another planet crashes into it.

“In addition, we find that the nature of stellar-driven instabilities is more violent than internally driven ones,” the researchers wrote in the paper. “The loss of multiple planets in stellar-driven instabilities is common and occurs about 50% of the time, whereas it appears quite rare for internally driven instabilities.”

The probability of Earth’s orbit becoming unstable is hundreds of times larger than prior estimates, according to the study. Well, that just gives us one more thing to worry about.

 



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May 30, 2025 0 comments
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Study finds 80% of crypto users quit blockchains within 90 days
Crypto Trends

Study finds 80% of crypto users quit blockchains within 90 days

by admin May 29, 2025



Blockchain networks are bleeding casual users, with four out of five low-engagement accounts going inactive within three months, a Flipside study reveals.

A recent study reveals a hard truth about blockchain ecosystems: most users lose interest quickly. Data from Flipside, which analyzed user behavior across networks such as Solana, Ethereum, Arbitrum, and Avalanche, shows that user retention is extremely low. The majority of users disappear within months unless they were already highly active from the start.

Flipside took a hard look at how wallets behave over time. They sorted users into three categories: low-value (scores 0-3), medium-value (4-7), and high-value (8+), based on how much activity they’d had on-chain before. Then, they checked each group every month for half a year, tracking how many were still active.

The retention cliff

The data shows a clear pattern: the first month is brutal. Low-value users — wallets with little or no previous activity — dropped off almost immediately. Per the report, consistently show the “lowest retention, falling below 5% after 6 months.” In plain terms: 95 out of every 100 of these wallets are gone in half a year.

The 6-month retention rates across blockchains, segmented by score bucket | Source: Flipside

Medium-value users — regular but not power users — fare better but still drop sharply early on before stabilizingm while high-value users decline slowly, losing just 5-8% of their numbers each month.

Some blockchains hold onto users better than others. For instance, Ethereum and Avalanche have the strongest retention for high-value addresses, keeping 35-38% active after six months. Solana, despite its size, lags behind, though details behind this gap remain unclear. Newer chains tend to have the steepest drop-offs, suggesting that early growth numbers might be misleading.

The metric trap

The report points out a common problem in crypto: chains chase big user numbers, but most of those “users” don’t last. Many are just passing through: airdrop hunters, speculators, or bots. The data makes it clear, real, sustained activity comes from a small fraction of addresses.

“If we zoom in on the retention charts, you can see it extremely clearly: only a handful of addresses are contributing any sustained activity or liquidity volume across the major chains studied.”

Flipside

This creates a dilemma: as blockchains want to show rapid adoption, they focus on inflating user counts. But if most of those users disappear, the growth isn’t real. The report argues that protocols would be better off targeting high-quality users from the start, even if that means slower headline growth.

Retention curves across all analyzed blockchains | Source: Flipside

Flipside’s research recommends that blockchain networks shift their focus away from low-value users. Incentives for one-time actions may boost short-term metrics, but they fail to build long-term engagement.

“It’s a hard pill to swallow, but the protocols that embrace this reality will outperform those that waste their incentives on addresses that won’t adopt them. The data clearly indicates that focusing on quality user acquisition and retention — rather than inflating address counts — represents the most sustainable path to ecosystem growth.”

Flipside

The report suggests that blockchain developers may want to consider putting more thought into designing tokenomics and reward systems that encourage longer-term participation. While short-term incentives can help drive initial activity, they often don’t lead to meaningful engagement over time.

According to the data, it seems more effective to create mechanisms that reward consistent involvement, which could help build a more stable and active user base. Prioritizing sustained interaction, rather than one-off actions, might offer a better path toward long-term growth.



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May 29, 2025 0 comments
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