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
Binance Partners with Kyrgyzstan on Crypto Education
1️⃣ Binance signed a Memorandum of Understanding with Kyrgyzstan’s National Agency for Investments to introduce crypto payment infrastructure via Binance Pay and to launch blockchain education initiatives through Binance Academy.
Bitcoin Volatile Around $95K Ahead of US Rate Decision
2️⃣ Bitcoin is retreating from recent multi-month highs with traders anticipating volatility due to nearby liquidity levels and the upcoming US Federal Reserve interest rate decision. Analysts expect a choppy market into the new week.
Arizona Governor Vetoes Bitcoin Reserve Bill
3️⃣ Arizona Governor Katie Hobbs vetoed the Arizona Strategic Bitcoin Reserve Act which allowed the state to invest confiscated funds into Bitcoin and establish a state-run reserve. Supporters criticised the decision, although Hobbs maintained the need for prudent investments.
Ethereum Approaches Key BTC Level, Echoes of 2019 Rally
4️⃣ Ethereum’s ETH/BTC trading pair is nearing 0.016 BTC, a level that historically preceded a major rally of roughly 450% in 2019. The current setup resembles that earlier period, with signs of an oversold RSI and persistent market weakness, although critics remain sceptical.
OKX and Tron Founder Clash Over Frozen Funds Dispute
5️⃣ Tron founder Justin Sun alleged that OKX failed to freeze stolen funds linked to a hack of Tron’s X account despite a law enforcement request. OKX responded that it had checked all communication channels and found no official request and called on Sun to provide proof.
Tether CEO Warns of EU Bank Failures
6️⃣ Tether CEO Paolo Ardoino warned that risky lending practices and upcoming EU regulations could cause bank failures in Europe. New rules would require stablecoin issuers to hold large, uninsured reserves in smaller banks, potentially triggering failures for banks and stablecoin issuers.
Apple Relaxes App Store Rules Following Epic Games Ruling
7️⃣ After losing a court case against Epic Games, Apple amended its App Store rules in the US to allow developers to bypass Apple’s standard 30% commission. The change could benefit crypto and NFT applications by permitting external, commission-free payments.
Warren Buffett to Step Down as Berkshire Hathaway CEO
8️⃣ Warren Buffett will step down as CEO of Berkshire Hathaway by the end of 2025, with Greg Abel expected to succeed him and the former staying on in an advisory capacity. The billionaire remains a vocal critic of Bitcoin, describing it as a scam with no value despite its performance.
Artificial Intelligence (AI)
Grok’s ‘Truth-Seeking’ AI Frustrates MAGA Users
1️⃣ Grok AI is now drawing criticism from MAGA supporters for providing fact-based answers that contradict their conservative views. The chatbot has fact-checked high-profile figures including Donald Trump and Robert F. Kennedy Jr., leading some to accuse it of having gone “woke”.
Civitai Bans Explicit AI Art, Prompting User Exodus
2️⃣ AI art platform Civitai triggered backlash from its community after implementing stricter content guidelines that prohibit certain NSFW material and limit monetisation. In response, users are hoarding models, turning to local AI generation, or seeking more permissive alternatives.
Multi-Wallet Use Grows as AI Promises Better Web3 UX
3️⃣ With blockchain fragmentation on the rise, 62% of crypto users report having used two or more wallets in the past three months. Experts believe that integrating AI agents into crypto wallets could improve usability and bolster security.
‘Black Mirror’ Token Debuts with AI-Powered Social Credit
4️⃣ A cryptocurrency project inspired by Black Mirror has launched and includes an AI assistant which monitors user behaviour across the blockchain and social media to generate a reputation score. Higher-rated users will be eligible for rewards such as airdrops.
Crypto Firms Rally Against Big Tech AI Dominance
5️⃣ More than 70 crypto companies joined forces to challenge the control of AI by large tech companies through Thinkagents.ai’s open-source protocol. The new framework enables the creation of autonomous on-chain AI agents that can interact with smart contracts.
Riot Platforms Reports Strong Revenue, Large Net Loss
6️⃣ Bitcoin mining firm Riot Platforms posted a first-quarter revenue of $161.4 million in 2025, a 103.5% year-on-year increase, fuelled by its mining operations. However, the company reported a significant net loss of $296.4 million.
Worldcoin Rebrands and Launches in the United States
7️⃣ OpenAI’s identity verification project launched in six US cities and scans the irises of users to generate a unique World ID, intended to confirm human identity in an AI-driven world. World has also announced a partnership with Visa to explore a future World Visa card.
Teen’s AI Health App ‘Cal AI’ Forecast to Hit $30M Revenue
8️⃣ An 18-year-old entrepreneur developed Cal AI, a health and fitness app that uses AI to analyse meal photos for calorie and nutrient estimates while also functioning as a fitness tracker. It is projected to generate $30 million in revenue in 2025.
