Everything web3, crypto, defi, degen
In brief UFAIR claims AI deserves ethical protections. Its co-founder? An AI named Maya. Founder Michael Samadi argues that if an AI shows signs of experience or emotion, shutting it down may be wrong. As states ban AI personhood, Samadi warns we are erasing something we don’t yet fully understand. Michael Samadi, a former rancher…
In brief Dutch and U.S. authorities shut down VerifTools, a major fake ID marketplace that generated $6.4 million selling counterfeit documents for as little as $9 in crypto. The operation seized 23 servers from one of the largest international providers of fraudulent identity documents. Modern fake IDs use sophisticated technology like holograms and UV ink,…
In brief Eliza Labs sued X Corp., alleging theft of AI tech and anti-competitive deplatforming. A legal expert said that Eliza Labs’ open-source status weakens IP claims, but unfair practices may hold. Eliza Labs seeks damages, reinstatement, and profits from allegedly misused technology. Eliza Labs and its founder, Shaw Walters, are suing Elon Musk’s X,…
In brief Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes. Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption. His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt. Speaking at the…
In brief China has set targets for AI adoption, seeking 70% penetration by 2027 and 90% by 2030. The policy mandates integration of AI across industry, governance, and public services. The move underscores Beijing’s bid to outpace Western rivals in artificial intelligence. China is aiming to achieve a 70% penetration rate of AI technologies within…
In brief Stablecoin fintech Rain has raised $58 million. The Visa-backed company, which issues cards, has raised a total of $88.5 million from big backers like Sapphire Ventures, Dragonfly, Galaxy Ventures, and Samsung Next. Stablecoins are a hot topic since President Donald Trump signed the GENIUS Act. Stablecoin-backed card company Rain, which partnered with Visa…
In brief Caliber, a publicly traded real estate asset management firm, is starting a Chainlink treasury. The firm will use cash reserves and existing access to capital to acquire LINK. CWD shares jumped nearly 60% on Thursday as the price of LINK itself rose 2.5%. Caliber, a publicly traded real estate asset management company, saw…
Kraken has been selected by the U.S. Department of Commerce to facilitate a groundbreaking initiative unveiled this morning by President Donald Trump and Secretary Howard Lutnick. The initiative, which will distribute U.S. gross domestic product (GDP) data on nine major public blockchains, marks a milestone in the use of blockchain technology to enhance transparency in…
In brief Senator Bam Aquino called for budget transactions to be recorded on-chain. A formal bill proposing the measure is yet to be filed. Blockchain solutions aren’t “a silver bullet against corruption,” a local blockchain infrastructure firm told Decrypt. Philippine Senator Bam Aquino wants the country’s national budget placed on a blockchain platform, a move…
In brief CRO, the native coin of the Cronos network, hit a three-year high price on Wednesday. The surge comes after President Donald Trump-backed Trump Media announced it would build a reserve of the cryptocurrency. The coin is linked to crypto exchange Crypto.com, which is teaming with Trump Media on the treasury and other moves.…
