We bring you the latest in the Web3 and AI industry, structured in bite-sized news that you can read in a minute!
Here’s what’s happening in Web3 and AI in 1 minute.
Web3
Asia’s Crypto Liquidity Bridges the Capital Divide
1️⃣ Asia has established itself as a global hub for crypto liquidity, while the United States remains dominant in capital formation. However, a disconnect between these financial ecosystems continues to impede institutional adoption of digital assets.
Bitcoin Rallies to $86K on Tariff Relief
2️⃣ Bitcoin surged to an 11-day high of $86,000 following the Trump administration’s decision to exempt certain key products from tariffs on China. However, caution among traders saw the price dip below $84,000.
Solana Launches Policy Institute to Push DeFi Agenda
3️⃣ The Solana ecosystem has launched the Solana Policy Institute (SPI) to advocate for DeFi in the US capital. SPI aims to reframe DeFi’s reputation and educate policymakers on Solana’s innovations, ensuring the sector’s voice is clearly represented in future regulatory conversations.
Democrats Introduce Crypto Mining Emissions Bill
4️⃣ Senate Democrats have proposed the Clean Cloud Act of 2025, which targets emissions from crypto mining operations and AI data centres. The bill would impose regional emissions caps, reduced annually by 11% until reaching net-zero by 2035.
CZ Denies Cooperation Claims, Binance Seeks Lighter Oversight
5️⃣ Binance founder CZ has denied reports that he provided evidence against TRON founder Justin Sun as part of his plea agreement with the US Department of Justice, describing the rumours as a potential smear campaign.
SEC and Binance Request Further Pause in Lawsuit
6️⃣ Attorneys for the US SEC and Binance have jointly requested an extension of the pause in their ongoing legal case. The initial 60-day stay is nearing expiration, and both parties cited “productive discussions” as grounds for the additional delay.
Fartcoin Sees Fourfold Market Cap Surge
7️⃣ Fartcoin has seen its market capitalisation nearly quadruple within a month. This surge outpaced established cryptocurrencies such as Bitcoin and Ether, which analysts say could signal a return of risk-on market sentiments.
Bitcoin Standard Author Partners with UK School
8️⃣ A private institution in Scotland is partnering with The Bitcoin Standard author to introduce a new curriculum focused on Bitcoin and Austrian economics, while also accepting bitcoins for tuition payments.
Artificial Intelligence (AI)
Philosopher Persona Revealed as AI Experiment
1️⃣ A philosopher who authored a critically acclaimed book and offered critiques of Donald Trump and Elon Musk was disclosed to be an ontological engineering experiment. The revelation has sparked ethical debate regarding the disclosure of AI-generated content.
Whistleblower Claims Meta Aided China’s AI Development
2️⃣ A former Meta executive alleged that Meta covertly assisted China’s AI efforts and misled lawmakers. She claims Meta held briefings with Chinese officials as early as 2015 and developed customised censorship tools.
OpenAI Countersues Musk, Alleges Hostile Takeover Attempt
3️⃣ OpenAI has filed a countersuit against Elon Musk, accusing him of attempting a hostile takeover of the company and acting in bad faith. He is said to have demanded control of the board and the role of CEO in exchange for capital.
Startup CEO Charged with Fraud Over Fake AI App
4️⃣ Founder and former CEO of e-commerce startup ‘nate’ has been charged with fraud after deceiving investors about the company’s use of AI. Investigations revealed the service was actually powered by a call centre in the Philippines.
The Wizard of Oz Gets AI Makeover
5️⃣ The classic film The Wizard of Oz is receiving a high-tech reboot for the Las Vegas Sphere, with AI-enhanced visuals elevating the cinematic experience. The CEO of Sphere Entertainment described the project as a leap of faith.
UK Secretly Developing Minority Report-Like AI System
6️⃣ The UK Ministry of Justice is reportedly building an AI system designed to predict individuals who may commit murder. Reminiscent of the show Minority Report, the system uses personal data scraped from police and court databases.
Emotional AI May Improve Web3 Adoption, But Risks Remain
7️⃣ A recent opinion piece suggests that emotional AI could humanise the Web3 experience. Poor interface design and complex onboarding processes have hindered mass adoption, but emotionally intelligent AI could serve as guides.
AI Praise Tool Helps Workers Feel More Valued
8️⃣ An Irish tech company added an AI upgrade to their platform where colleagues post praised for each other’s work. The data gathered lets the AI pinpoint mentors with the right skills or spot high-performing staff.
