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
Bitcoin Below $100K Due to AI Competition
1️⃣ Bitcoin has dropped below $100K for the first time during President Trump’s tenure, trading at$98,046. The decline is attributed to rising market volatility and Federal Reserve rate cut uncertainties. $864 million in long liquidations were recorded.
Brazil Bans Worldcoin for Eye Scans
2️⃣ Brazil’s data protection authority, ANPD, has prohibited Worldcoin from collecting biometric data, citing concerns over user consent and data security. The decision impacts the project’s iris-scan-based identity model. Worldcoin’s token (WLD) has fallen 8% following the ban.
Ethereum L2s Unite for Base Rollups
3️⃣ Ethereum Layer-2 networks are aligning to implement based and native rollups, enhancing decentralisation and transaction security. The proposed FABRIC infrastructure aims to improve network composability and decentralisation but require L2s to forgo transaction fee revenue.
Jupiter Token Spikes on Buyback News
4️⃣ The JUP token surged 40% after its founder, Meow, announced a $3 billion token burn and a 50% fee allocation for buybacks. The platform also launched a $10 million AI fund and acquired Moonshot, solidifying its focus on community growth.
Bitpanda Gains MiCA License in Germany
5️⃣ Crypto exchange Bitpanda has obtained a MiCA licence from Germany’s BaFin, enabling it to operate across all 27 EU nations. With over 6 million users, Bitpanda aims to expand its footprint, joining other MiCA-approved firms like MoonPay and Boerse Stuttgart Digital.
Poland Surpasses El Salvador in Bitcoin ATM Count
6️⃣ Poland has overtaken El Salvador as the fifth-largest Bitcoin ATM hub, with 219 active machines. While global ATM installations total over 38,000, El Salvador’s capacity remains static, highlighting Poland’s rapid growth.
Saylor Hints at New Bitcoin Purchase
7️⃣ Michael Saylor’s Bitcoin tracker hints at another MicroStrategy purchase, adding to its 461,000 BTC holdings valued at $48.4 billion. Despite Bitcoin’s recent price dip, MicroStrategy continues its bullish accumulation strategy.
Crypto ETPs See $1.9B Inflows After Trump Order
8️⃣ Crypto ETPs attracted $1.9 billion in inflows last week, driven by President Trump’s executive order on a strategic crypto reserve. Bitcoin ETPs dominate inflows, with BlackRock leading among issuers. The total crypto ETP AUM has risen to $171 billion.
Artificial Intelligence (AI)
AI Agents in DeFi for Real-Time Data
1️⃣ AI agents are becoming increasingly prevalent in DeFi, automating tradingand liquidity processes. These systems rely on accurate, real-time data—updated as quickly as every millisecond—to make effective decisions in fast-paced markets.
ChatGPT as a Personal Assistant for $200
2️⃣ OpenAI has introduced a new feature, Operator, transforming ChatGPT into a virtual assistant capable of browsing the web to perform real-world tasks, such as booking flights or ordering food. The feature is available for $200 a month.
AI-Powered Romance Scams
3️⃣ AI-powered romance scams are exploiting tools like chatbots and deepfakes to deceive victims emotionally and financially. Scammers use AI chatbots to create natural conversations and deepfakes for realistic images, videos, and voice messages, making the scams highly convincing.
Did OpenAI Cheat on Its Math Test?
4️⃣ OpenAI’s o3 model scored 25.2% on the FrontierMath benchmark, but controversy has arisen over OpenAI’s involvement in the test’s creation. OpenAI had access to its problems and solutions, raising concerns about potential performance optimisation.
John McAfee AI Token Launched
5️⃣ John McAfee’s widow launched AIntivirus, an AI token project celebrating his legacy. Initially believed to be a hack, the initial reactions were positive although not all crypto figures were sold on the token.
OpenAI Disputes Indian Court’s Order
6️⃣ OpenAI is challenging an Indian court’s demand to delete training data used in ChatGPT, arguing that its servers are based outside India and US laws require it to preserve data. The case stems from claims by an Indian news agency that OpenAI used its content without authorisation.
Fartcoin Drops After Creator Sells Large Holdings
7️⃣ Fartcoin dropped 17% after Andy Ayrey, creator of the AI bot Truth Terminal, sold the majority of the project’s holdings in an over-the-counter deal. Truth Terminal had received 20 million tokens, of which 15 million were transferred to separate wallets.
DeepSeek R1 Shatters AI Assumptions
8️⃣ DeepSeek R1, an open-source AI model from China, has challenged preconceptions about AI development. Trained on a modest $6 million budget, the model performs on par with leading competitors, disproving claims that China is behind the US in AI advancements.
