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
Female Crypto Investors Focus on Long-Term Wealth Creation
1️⃣ A Bitpanda survey reveals that 50% of female crypto investors prioritise long-term financial growth, with 49% holding digital assets for up to five years and 39% for longer. Bitcoin is the preferred investment for 30% of women, compared to 24% of men.
Bitcoin Investors React to White House Crypto Summit
2️⃣ Reactions to the White House Crypto Summit were mixed, with institutional investors viewing it more positively than retail traders. Some considered the event a massive positive for Bitcoin, while others found it underwhelming.
David Sacks Opposes Crypto Transaction Tax
3️⃣ The White House’s crypto and AI czar, David Sacks, rejected a proposal to tax every cryptocurrency transaction to fund the U.S. Strategic Bitcoin Reserve. Sacks warned that even initially small taxes could become burdensome over time.
LastPass Breach Led to $150M Theft from Ripple Co-Founder
4️⃣ A $150 million theft from Ripple co-founder Chris Larsen’s wallet has been linked to a security lapse at password manager LastPass. Hackers accessed Larsen’s private keys stored in LastPass, which suffered a major breach in 2022, compromising encrypted customer password vaults.
Michael Saylor Urges U.S. Government to Acquire 25% of BTC Supply
5️⃣ Michael Saylor proposed that the US government acquire up to 25% of Bitcoin’s total supply by 2035 for its BTC reserve, recommending a consistent, programmatic daily purchase strategy, while advising that the asset should not be sold.
Sam Bankman-Fried Sent to Solitary Confinement
6️⃣ Sam Bankman-Fried has reportedly been placed in solitary confinement after an unauthorised interview with Tucker Carlson. The ex FTX CEO discussed prison life and crypto regulation, claiming he did not consider himself a criminal.
U.S. Crypto Leaders Meet Trump at White House Crypto Summit
7️⃣ Prominent crypto industry figures met with President Trump at the White House Crypto Summit to discuss the newly announced crypto strategic reserve. Attendees included Cameron and Tyler Winklevoss, Brian Armstrong, and Brad Garlinghouse.
Altcoins Dipped As Reserve Addition Remains Unconfirmed
8️⃣ Altcoins such as XRP, ADA, and SOL saw greater declines than BTC following the White House Crypto Summit. David Sacks clarified that Trump’s mention of five specific cryptocurrencies was illustrative rather than a firm commitment, dampening expectations of sustained price rallies.
Artificial Intelligence (AI)
AI Fuels Synthetic Data Boom Amid Privacy Concerns
1️⃣ As original content becomes scarcer, AI developers are increasingly relying on synthetic data to train models. Synthetic data also presents risks such as the potential insertion of false information into training datasets to mislead AI models.
Alibaba’s AI Model Competes with Larger Rivals
2️⃣ Alibaba Cloud’s QwQ-32B rivals significantly larger AI models despite having just 32.5 billion parameters. It competes closely with DeepSeek r1, which has 671 billion parameters, particularly excelling in mathematical reasoning and coding.
Apple Delays AI Upgrade for Siri Amidst Industry AI Race
3️⃣ Apple has delayed its AI-driven Siri upgrade, with the launch of Apple Intelligence now pushed back to 2026. The delay has raised questions about Apple’s AI strategy, despite its planned $500 billion investment in AI research and a partnership with Broadcom.
Brazil’s Postal Service Seeks Blockchain & AI for Logistics
4️⃣ Empresa Brasileira de Correios e Telégrafos, Brazil’s state-owned postal service, is seeking companies and specialists in blockchain and AI to modernise its logistics and operational management, to improve business processes and streamline operations.
Core Scientific’s Stock Falls Amid CoreWeave Partnership Concerns
5️⃣ Shares of Bitcoin miner Core Scientific dropped due to concerns over its key partner, AI hyperscaler CoreWeave. CoreWeave relies heavily on Microsoft for revenue and has warned that any disruption to this partnership could significantly impact its business.
Grok AI Suggests Meme Coin, Market Cap Briefly Hits $35M
6️⃣ Elon Musk’s Grok AI suggested a meme coin name, triggering a rapid surge in GROKCOIN, which reached a market capitalisation of nearly $35 million. Within 90 minutes, GrokCoin peaked at a $24 million valuation before declining.
Bitcoin Miners Shift to AI & Chip Manufacturing
7️⃣ Analysts are closely monitoring Bitcoin miners’ diversification into AI and chip manufacturing. As Bitcoin miners anticipate revenue challenges following the next halving event, many are pivoting towards AI and HPC to maintain profitability.
NASAA Warns of Crypto, Social Media & AI Scams in 2025
8️⃣ The North American Securities Administrators Association flagged cryptocurrency, social media, and AI-related scams as key risks for retail investors in 2025. Fraudsters are leveraging emerging technologies, such as AI and crypto, to make scams appear more convincing.
