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We've seen a significant surge in submissions following our announcement of an additional $200 million investment in PSA infrastructure and services. That increase has pushed our active queue to nearly 10 million cards. To help protect the submissions already in our care, PSA is temporarily pausing new submissions for all Value service tiers, effective Tuesday, June 2, 2026 at 3:00 pm PT. For more detail on what's changing, which service levels remain open, and when each Value tier reopens, read our full announcement.

Intel’s EMIB Packaging Is Growing Rapidly — Silicon Capacitors Are Taking Off Too Silicon capacitors are poised for explosive growth in the AI semiconductor space. Intel has been found to be planning a large-scale adoption of silicon capacitors starting next year, in order to enhance the performance of its in-house 2.5D packaging technology, “EMIB.” The most clearly visible source of demand is Google. Google plans to launch its next-generation AI accelerator, “v8e,” in the second half of next year, and has adopted an EMIB substrate with embedded silicon capacitors for that chip. With other Big Tech companies such as Amazon also currently applying EMIB, analysts say demand could increase sharply. According to industry sources on the 27th, Intel plans to apply silicon capacitors to its 2.5D packaging starting next year. Intel Adopts “Silicon Capacitors” for 2.5D Packaging… Google AI Chip Gets First Application 2.5D is an advanced packaging technology that inserts a thin-film interposer between the semiconductor and the substrate. Because it can connect circuits at higher density compared with conventional packaging that uses only a substrate, demand is rising in the AI and HPC fields. To improve cost efficiency in 2.5D packaging, Intel devised its own technology called EMIB. Rather than using a broad, spread-out interposer, EMIB connects chip to chip using a small silicon bridge. Since bridges only need to be placed where chip-to-chip connections are required, chips can be arranged more flexibly and efficiently. Recently, EMIB has been drawing attention as an alternative to TSMC, which had been leading the existing 2.5D packaging market. This is because TSMC’s 2.5D packaging capacity is suffering from a supply shortage amid the rapid development of the AI industry. Indeed, global Big Tech player Google is also paying attention to EMIB. Google has decided to adopt EMIB for its in-house AI semiconductor “v8e,” which it plans to launch in the second half of next year. Under this structure, TSMC handles chip mass production, MediaTek handles design and manufacturing support, and Intel handles packaging. However, there have been concerns that EMIB is gradually showing limitations in providing stable power supply for AI semiconductors, which consume large amounts of power. Accordingly, Intel plans to introduce new technologies such as silicon capacitors and through-silicon vias (TSV) to ensure stable packaging for the v8e. A capacitor is a component that stores and releases electricity in an electronic circuit. In the case of silicon capacitors, their resistance (ESL/ESR) is more than 100 times lower than that of conventional multilayer ceramic capacitors (MLCC), minimizing the signal loss that occurs in high-performance semiconductors. They can also be designed in an ultra-thin structure based on a silicon wafer, enabling high-density integration. A semiconductor industry official explained, “Because the voltage drop (the phenomenon of voltage decreasing) that occurs in the high-frequency region within AI chips is difficult to solve with MLCC, we understand that Intel is adopting silicon capacitors as a solution,” adding, “The relevant supply chain is now in place, and mass production is set to begin in earnest next year.” EMIB-T Is Already on a Growth Trajectory — The Related Ecosystem and Market Are Expanding Together Intel has also inserted TSVs, which serve as power-delivery channels, into the silicon bridge. The key point is that by using TSVs to shorten the power-delivery path between the substrate and the chip, Intel has improved power efficiency and signal integrity. Intel calls this “EMIB-T.” The industry expects the EMIB-T and silicon capacitor markets to grow rapidly. This is because Japan’s Ibiden — one of the major companies that mass-produces semiconductor substrates for EMIB-T — is aggressively pursuing capital investment. Previously, Ibiden had planned to build its Kawashima (Gama) plant in Gifu Prefecture as a substrate plant for Intel CPUs. However, it postponed that schedule and decided in the first half of this year to officially convert the Gama plant into a mass-production line for EMIB-T substrates. The investment is 220 billion yen (about KRW 2.1 trillion). In its recent earnings announcement, Ibiden stated, “Operation of the Gama plant will begin in 2027 and enter full-scale mass production in 2028,” adding, “EMIB-T substrate capacity is currently far short of demand. However, adding further capacity is quite difficult, so we are discussing options with our customers.” A semiconductor industry official explained, “Ibiden’s EMIB-T-dedicated line is being built with most of the investment coming from customers such as Google, Amazon, and Intel,” adding, “This demonstrates that AI semiconductors based on EMIB-T will grow significantly going forward, and silicon capacitors are likely to expand alongside them.”

[📷] ATEEZ(에이티즈) GOLDEN HOUR : Part.5 Pre-sale Announcement (Single CD (US ONLY)) Please check TOKTOQ for more information. 📎 #ATEEZ# #에이티즈# #GOLDENHOUR# #GOLDENHOUR_Part5# #BAD#

We're expanding our integration with @base. Base has one of the largest consumer ecosystems in crypto. Now enterprises using Mesh can give their users the kind of seamless experience they expect from any modern payments product — moving value to and from Base without the manual steps. 📣 Full announcement:

#STEPN# & #STEPNGO# May Townhall Recap 📝 🔹 Last two months retrospective 🔹 Challenge Capsules 🔹 STEPNathon 2 Missed it? We got you covered 👇 🔄 Last two months retrospective The Townhall opened with a look back at some of the main updates from the last two months: 🔸 Rabbids 🔸 Marathon Season 2 🔸 LSD for Legendary holders 🔸 Android Marketplace removal On the Android side, the team acknowledged that the Marketplace had to be removed due to Google Play restrictions. 🐰 Rabbids The Rabbids event leaned fully into community participation, with users posting April Fools content, memes, fake breaking news, and all kinds of chaotic entries to earn Rabbids GGBoxes. Those GGBoxes included chances to win 100 Rabbids co-branded Solana Genesis Sneakers, along with rewards like 100k GMT, 1k USDT, and $50 worth of XAUT. And importantly, there are still some Rabbids Genesis Sneakers left to be found in GGBoxes. 🏁 Marathon Season 2 The Townhall also looked back at Marathon Season 2, with a strong focus on how Teams have changed the tone of the challenge. A few highlights: 🔹 Players are not only competing for themselves, but also for their team 🔹 Teams have made the Marathon more collaborative, more competitive, and more social 🔹 Team Takeover was introduced during Round 4 🔹 The top 3 teams and 4 random active teams could earn additional rewards The team also confirmed that work on Season 3 is already in progress, and community feedback is welcome through Discord and the ambassador team. 🐈‍⬛ LSD Legendary Schadenfreude Day was another highlight of the last two months. The event gave Legendary holders with unlucky or disappointing stats a chance to share why their Sneakers deserved better. Selected entries had a chance to receive improved stats, although usually with a trade-off involved. The result was a playful event with a strong identity, while also creating a fun way to engage directly with Legendary holders. 🎟️ Challenge Capsules Challenge Capsules were the main product topic of this Townhall. The team clarified that while some users expected Charm in STEPN GO to eventually connect to avatar pieces or characters, that direction is no longer being pursued, even if that expectation came from how Charm was described in the STEPN GO whitepaper. The reason is simple: 🔸 It was not fun enough 🔸 It was also technically difficult to deliver at the level the team wanted So instead, Charm is being redirected into a new feature that adds more gamification to both apps. Challenge Capsule is a game mode built around movement, task completion, reward opportunities, and discovery. The core loop is simple: 🔹 Open a Capsule 🔹 Reveal the challenge 🔹 Complete it 🔹 Earn a Ticket 🔹 Join the draw for a prize A few key points: 🔸 Challenge Capsules will work with both STEPN and STEPN GO through FSL ID 🔸 Users enter a Capsule by paying an entry fee 🔸 Each Capsule has its own challenge, conditions, and reward pool 🔸 Users need to complete the required challenge within the given time limit 🔸 Completing the challenge successfully gives the user a Ticket for the reward draw And importantly, this is not passive participation. Users need to move, complete the challenge, and earn their chance. For STEPN GO: 🔹 Charm will now have a clearer role in the system 🔹 Charm runs can help users earn more Tickets and improve their chances at winning the Capsule’s draw For STEPN: 🔹 Resilience becomes the key attribute in the system 🔹 Resilience now gets more utility through Challenge Capsules 🔹 STEPN players will also have a chance to obtain a new type of Mystery Box containing Challenge Capsule Tickets 🔹 Those Tickets give users more chances to win the Capsule reward The feature will go live in limited access beta within the upcoming weeks, with more details to be shared soon. 🏃 STEPNathon 2 The Townhall also included an exclusive first announcement for STEPNathon 2. From June 22 to June 29, players will be able to take on the challenge by completing either 21 km or 42 km in a single session using STEPN and or STEPN GO. To participate: 🔹 A Season Pass is required 🔹 Every finisher automatically enters a Genesis Sneaker raffle 🔹 There will be one raffle for STEPN and one for STEPN GO Event rewards will depend on both the app and the distance completed. In STEPN: 🔸 Players can earn exclusive badges, backgrounds, and GGBoxes In STEPN GO: 🔸 Players can unlock exclusive backgrounds and GGBoxes A few more infos: 🔹 Completing 42 km also unlocks the 21 km reward tier 🔹 Each badge and background is unique to the app and to the distance 🔹 Teams also matter this time The Marathon team with the highest total Energy spent during the event week will receive additional exclusive rewards: 🔸 A unique badge 🔸 A special background 🔸 5 GGBoxes plus 1 Key for each member So STEPNathon 2 keeps the spirit of the original challenge, while connecting more directly to the team dynamics introduced in Marathon Season 2. That’s the May Townhall recap. Challenge Capsules are introducing a new gamified movement layer across STEPN and STEPN GO, STEPNathon 2 is coming back, and the last two months have continued to push both products toward a more social and more interactive direction.

The iron fist of Xi Jinping’s endless anti-corruption campaign has just smashed into the highest echelons of China’s military-industrial complex and automotive sectors. In a brief but devastating announcement, the Central Commission for Discipline Inspection (CCDI) confirmed that ministerial-level official Xu Liuping is under investigation for "suspected serious violations of discipline and law." Xu is a heavyweight in state-run industry; he currently serves as the Party chief of the All-China Federation of Trade Unions and previously held the top chairmanships at major state-owned automakers FAW Group and Changan Auto, alongside a decade-long tenure at defense giant China South Industries Group Corporation. While the Party uses "discipline violations" as its standard euphemism for corruption, the targeting of a high-profile executive with deep roots in both weapons manufacturing and state automotive giants is highly strategic. It sends an uncompromising shockwave through China's state-owned enterprises (SOEs), signaling that no matter how vital an executive is to the regime's industrial and defense ambitions, absolute political loyalty to the top is the only currency that guarantees survival. #UnveiledChina# #CCDIInvestigation# #XuLiuping# #AntiCorruption# #ChinaDefense# #FAWGroup# #StateOwnedEnterprises# #BeijingCrackdown#

🐦 ACTUM Early Bird Campaign ACTUM is officially launching a limited-time Early Bird Campaign. This 15-day campaign is designed to reward the earliest community members and establish the core foundation of the ACTUM ecosystem, supporting its long-term development. 🎯 Campaign Overview 📅 Duration: 15 Days (Limited-Time Only) Users who join our Discord during this period and complete basic verification will receive the Early Bird role. ⚙️ How to Participate Simply enter the designated channel and click the symbol to automatically receive the Early Bird role: 👉 No additional application or complex steps are required, just click to claim. 👑 Early Bird Benefits Users who successfully obtain the Early Bird role will enjoy: • Priority access to future community events • Early access to ecosystem updates and announcements • Increased weighting in future reward systems • Recognition as early-stage community contributors 📌 Important Notes • Early Bird status is only available during the 15-day campaign period • Users joining after the campaign ends will not be eligible • All participants must comply with community rules • ACTUM reserves the right to review and disqualify any fraudulent or abusive behavior This is your opportunity to become one of the earliest core members of ACTUM and secure early ecosystem advantages before further expansion. 🏭 Welcome to ACTUM

The market is sending two completely different signals at the same time right now. ➛ $BTC is stuck at $77K. Same range it's been in for weeks. ➛ $HYPE just hit a new ATH at $64.13. Up 46% in 7 days. ➛ $SOL up 15% this week. This kind of divergence doesn't happen randomly. There's a read here. ➛ What's actually going on. $BTC is a macro trade right now. We've talked about this before the DXY correlation is at a 4-year extreme. As long as the Fed stays hawkish and the dollar holds, $BTC doesn't move. It's not weak. It's just being held hostage by the same macro pressure that's been sitting on it since February. Meanwhile $HYPE and $SOL are moving on protocol fundamentals, not macro. $HYPE hit ATH because of real inflows 21Shares ETF, Grayscale's $25M, pre-IPO perps for SpaceX and OpenAI bringing a completely new user base onto the platform. These aren't narratives. These are product milestones driving actual revenue. $SOL is moving because Alpenglow is real, Western Union launched USDPT on Solana, and institutional rails are being built on top of it right now. ➛ Here's my actual read on the divergence. When alts outperform $BTC this aggressively in a risk-off macro environment, it usually means one of two things. Either the broader market is about to catch up and $BTC breaks out too. Or the alts are running ahead of themselves and they retrace hard the moment $BTC gets any macro pressure. The difference between those two scenarios comes down to whether the flows are real or rotational. ‣ If institutions are genuinely buying $HYPE spot through ETFs while staying underweight $BTC that's a structural shift. New money entering through a new product. ‣ If it's crypto-native capital rotating out of $BTC into alts chasing momentum that's a top signal, not a breakout signal. Right now it looks like both are happening simultaneously. The ETF flows into $HYPE are new money. The $SOL and broader altcoin moves feel more rotational. And $BTC dominance is still at 58-60%, which means the rotation hasn't gone far enough to call this a real altseason. ➛ What I'm actually watching. If $BTC breaks above $83K with volume, the divergence resolves bullishly everything follows. If $BTC stays range-bound and alts keep pushing, you're looking at a classic distribution setup where early holders exit into retail momentum. The SBR announcement coming "in the next few weeks" is the wildcard. 328K $BTC officially off the market, no-sell policy codified, potentially first open-market purchase signal for Q4. That's a $BTC-specific catalyst that has nothing to do with macro. If that drops while $BTC is still at $77K, you get the breakout. If it drops after alts have already run 50-100% more, you get a very crowded trade. I'm watching $BTC dominance more than price right now. That's the real tell.

Big Huawei announcement: “By 2031, high-end chips based on the Tau (τ) Scaling Law are expected to achieve transistor density equivalent to that of a 1.4-nanometer process.”

gEverything Stay on top of the narratives this week: 1. Altseason 2026 - altcoins like $HYPE are clearly outperforming both $BTC and the rest of the market. The question is, which altcoins will pop next? 2. US Economic Data - key data such as jobless claims will be released this week. Watch out for volatility during their announcement. 3. TradFi ATH - equities around the world are soaring. Does some of that flow into Bitcoin for a catch-up trade? Lots of questions this week. Place your bets on Everything: