Everything web3, crypto, defi, degen
The Department of Commerce announced Thursday it has begun uploading its GDP data onto nine blockchain networks, and will also enter partnerships with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data within the decentralized finance (DeFi) ecosystem and the broader crypto economy. The department’s GDP data release for Q2 2025 has already been…
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 A new Anthropic report says cybercriminals are using AI to run real-time extortion campaigns, with ransom notes using Bitcoin as the payment rails. North Korean operatives are faking technical skills with AI to land Western tech jobs, funneling millions into weapons programs, often laundered through crypto. A UK-based actor is selling AI-built ransomware-as-a-service…
In brief Standard Chartered projects ETH could reach $7,500 by end of year and $25,000 by 2028 based on current adoption trends ETH ETFs have accumulated over $8B since July with major corporate buyers like BitMine and SharpLink stacking aggressively Ethereum’s yield advantages through staking and DeFi utility make it potentially stronger than Bitcoin as…
In brief The SEC has accused Unicoin and its executives of misleading investors and inflating deals. CEO Alex Konanykhin says the charges are politically motivated “fabrications” meant to block Unicoin’s public listing. Legal experts warn the SEC’s case looks like a classic securities fraud complaint, giving Unicoin a steep battle in court. Crypto firm Unicoin…
In brief KuCoin says it will become the first global exchange to support Thailand’s G-Token program, beating other major exchanges to the punch. In May, Thailand approved the world’s first publicly offered tokenized government bond worth 5 billion baht (US$153 million). KuCoin says the G-Token initiative could serve as a template for other governments exploring…
In brief Commerce Secretary Howard Lutnick announced his department will begin issuing economic data “on the blockchain,” framing the move as part of the Trump administration’s embrace of crypto. Lutnick did not clarify which blockchain would be used or how the system would benefit government operations. The initiative could extend beyond the Commerce Department, as…
In brief The measure directs the country’s central bank to purchase 10,000 BTC over five years, with a 20-year holding requirement. Custody, proof-of-reserves, and disposal rules would be codified by law and regulation. Local crypto voices call the proposal bold but warn of volatility, fiscal tradeoffs, and gaps in financial literacy. The Philippines has introduced…
In brief OpenAI built GPT-4b micro, a downsized model specialized for protein engineering, in collaboration with longevity startup Retro Biosciences. The model designed new variants of the Yamanaka factors, proteins used to reprogram adult cells into stem cells, achieving 50-fold higher efficiency in lab tests. Researchers say the results show how AI could accelerate life…
In brief Japan’s Payment Services Act amendments, effective since 2023, created a licensing regime for issuing and distributing fiat-pegged stablecoins. SBI VC Trade, the first firm licensed as an Electronic Payment Instruments Exchange Service Provider, already handles USDC and will now add RLUSD. Japan has a structured and bank-friendly crypto regime, while its local players…
