Lookonchain APP

App Store

Providing tens of millions of incorrect answers per hour, based on Gemini 3, Google Search's "AI Overview" has an accuracy rate of only 91%.

1 hours ago

On May 5, *The New York Times* reported that AI startup Oumi’s analysis of Google’s “AI Summary” feature pegs its accuracy rate at roughly 90%. Since Google handles over 50 trillion searches annually, that translates to tens of millions of incorrect answers every hour (or hundreds of thousands of inaccuracies per minute). Oumi analyzed Google’s “AI Summary” search results using the SimpleQA benchmark, finding that 85% of results were accurate when powered by Gemini 2—rising to 91% with Gemini 3. In analyzing the 5,380 sources cited in Google’s AI Summary, Oumi found Facebook and Reddit were the second and fourth most frequently referenced platforms, respectively. When the summary is accurate, 5% of citations link to Facebook; when it’s inaccurate, that figure jumps to 7%.
Relevant content

The probability of Bitcoin breaking $90,000 this year on Polymarket is currently 70%, while the probability of dropping below $55,000 is now at 46%.

May 5 Polymarket data indicates: - Bitcoin’s probability of hitting $90k this year is now 70%, up 2% in the past 24 hours. - Chance of surpassing $100k stands at 45%, unchanged over the same period. - Likelihood of dropping below $55k is 46%, no shift in 24 hours. - Probability of falling under $50k is 38%, down 2% in the last day.

3 minutes ago

Russia's largest stock exchange will launch cryptocurrency indexes for SOL, XRP, TRX, and BNB

May 5 — The Moscow Exchange will launch four cryptocurrency indexes tracking SOL, XRP, TRX and BNB starting May 13, according to official sources. Pricing data for the indexes will come from Binance (50%), Bybit (20%), OKX (15%) and Bitget (15%). Existing MOEXBTC and MOEXETH indexes will also be updated every 15 seconds during trading hours. The exchange plans to expand its crypto benchmark indexes to 10 total, with all these tools restricted to professional investors only.

3 minutes ago

If Bitcoin surpasses $82,000, the mainstream CEX cumulative short liquidation intensity will reach $1.328 billion.

May 5th data from Coinglass shows that if Bitcoin rises above $82,000, the total short liquidation intensity across major centralized exchanges (CEXs) will hit $590 million. Conversely, if Bitcoin falls below $78,000, the total long liquidation intensity on these major CEXs will reach $2.048 billion. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts set to be liquidated. Instead, the bars on these charts represent how significant each liquidation cluster is relative to adjacent clusters—this is referred to as "intensity." As such, the charts illustrate the extent to which the underlying asset’s price will be impacted when it hits a specific level. A taller "liquidation bar" means the price, once reached, will trigger a more intense reaction due to a liquidity cascade.

3 minutes ago

Trader Eugene: If Bitcoin Can Stay Above $80,000, Speculators Will Return to the Crypto Market

On May 5th, trader Eugene Ng Ah Sio shared his latest market take on his personal channel: He noted he hasn’t spoken up about crypto in a while—mainly because he lacked a clear view of the market. Trading crypto lately has felt like torture, he said, while the stock market offered far better opportunities (opportunity cost is real). Still, he finally spotted an opportunity he’s willing to bet on. His bullish call since his last post proved correct, he added—even though he got liquidated just before BTC’s final surge. For him, BTC’s $80k level is critical: it’s the first sign of reclaiming its range since the downtrend kicked off in September 2025. While a crypto-specific narrative is still missing, he believes price almost always leads fundamentals in this space. His take: if BTC can hold above $80k long enough, speculators will come back.

3 minutes ago

Bitcoin Breaks $81,000, 24-hour Gain of 1.17%

May 5th — Per HTX data, Bitcoin has surpassed $81,000, up 1.17% over the past 24 hours, and is currently trading at $81,035.

3 minutes ago

US Stocks Crypto Index Surges, Circle (CRCL) Soars Nearly 20% in a Single Day

On May 5th, data from Bitget shows cryptocurrency-related stocks in the U.S. equities market broadly gained ground—likely fueled by the "CLARITY Act" stablecoin yield rules’ impact on Circle (CRCL), which surged nearly 20% in a single day. Details follow: - Coinbase (COIN): +6.14% - Circle (CRCL): +19.83% - MicroStrategy (MSTR): +3.76% - Bitmine (BMNR): +4.17% - SharpLink Gaming (SBET): +3.84% - Bit Digital (BTBT): +7.01% - American Bitcoin (ABTC): -3.36% - Kindly MD (NAKA): -3.73% - Solana Co (HSDT): +1.89%

3 minutes ago