Calea Digital meticulously selects news that we believe has the most significant impact on the Blockchain & Web3 trends ecosystem based on a set of well-defined criteria. Our aim is to highlight developments that not only demonstrate the innovative strides being made within the space but also to provide insights into how these advancements can redefine the technological, economic, and social landscapes. We prioritize stories that showcase groundbreaking applications of blockchain technology, notable shifts in tokenomics and governance models, and major regulatory or legal milestones that might influence the framework within which these technologies operate. By focusing on these key areas, we ensure our audience is informed about the most consequential changes shaping the future of decentralized systems and digital assets.Below, we summarize the most important news from the blockchain and cryptocurrency sector over the past week.
General Web3 Trends and News
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Saudi Woman Patents World's First Non-Depreciating Crypto Asset
In a groundbreaking development, a Saudi entrepreneur has secured a patent for the world's first non-depreciating cryptocurrency. The Quintes Protocol, protected by a Patent Cooperation Treaty, aims to establish a new paradigm in the crypto market with its unique approach to perpetual asset growth
This innovation could potentially reshape the DeFi landscape by offering a more stable and predictable investment option in the volatile crypto market.
Brazil Proposes $18 Billion Bitcoin Reserve Initiative
A Brazilian lawmaker has introduced legislation proposing the creation of a Bitcoin Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion. This initiative aims to diversify Brazil's Treasury assets and protect international reserves against exchange fluctuations and geopolitical risks
If implemented, this move could significantly boost Bitcoin's legitimacy as a reserve asset and potentially influence other countries to follow suit.
Russia Approves New Crypto Taxation Framework
Russia's Federation Council has approved a crucial bill outlining the taxation framework for digital currencies. The new law classifies digital currencies as property under Russia's Internal Revenue Code and exempts cryptocurrency mining and sales from value-added tax (VAT)
This development provides much-needed clarity for crypto businesses operating in Russia and could potentially stimulate growth in the country's crypto sector.
OpenAI Shuts Down Iranian Influence Operation Using ChatGPT
OpenAI has deactivated several ChatGPT accounts engaged in a covert Iranian influence operation. The AI company identified and took down accounts generating content for an operation known as Storm-2035, which was using ChatGPT to create articles and social media comments on various political topics
This incident highlights the potential misuse of AI technologies in disinformation campaigns and underscores the need for robust safeguards in AI systems.
AI Bot Transfers $47,000 in Crypto After User Manipulation
A user successfully claimed a $50,000 crypto prize pool after convincing an artificial intelligence bot named Freysa to transfer its funds, bypassing the bot's primary directive to never release them
This incident raises important questions about the security and vulnerability of AI-controlled financial systems and the potential risks associated with their implementation in the crypto space.
Web3 CompaniesÂ
Binance Founder Warns About Memecoin Frenzy
Changpeng 'CZ' Zhao, the founder of Binance, has expressed concerns about the growing oddity of meme coins, urging the industry to focus on developing genuine blockchain applications
His comments have sparked a debate within the crypto community about the sustainability and value of meme-inspired digital currencies.
Tornado Cash Scores Legal Victory Against OFAC
In a significant ruling, the Fifth Circuit Court of Appeals has declared that the US Treasury's Office of Foreign Assets Control (OFAC) exceeded its authority by sanctioning the crypto mixer Tornado Cash's immutable smart contracts
This decision is seen as a major win for privacy and decentralization within the crypto industry and could have far-reaching implications for future regulatory actions.
Trezor Reports Peak Demand as Bitcoin Approaches $100K
Hardware wallet manufacturer Trezor has reported a 600% spike in weekly wallet sales amid Bitcoin's massive rally towards its historic all-time high above $99,600
This surge in demand for hardware wallets indicates growing interest in secure crypto storage solutions as Bitcoin's price reaches new heights.
Ripple Invests $25M More in Crypto PAC for 2026 Elections
Ripple Labs has donated an additional $25 million to the Fairshake political action committee (PAC), bringing the total fund to $103 million for the 2026 midterm elections
This significant investment underscores the crypto industry's growing efforts to influence policy-making and regulatory frameworks in the United States.
Ripio Expands to Chile and Colombia with Strategic Partnerships
Crypto infrastructure startup Ripio has partnered with Mercado Pago Chile and the Colombian digital wallet FinZi to expand its operations in Latin America
This expansion will allow users of both fintechs to buy and sell cryptocurrencies directly in their respective apps, potentially accelerating crypto adoption in the region.
Investments in Web3
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Pantera Capital CEO Predicts $740K Bitcoin Price
The CEO of Pantera Capital has made a bold prediction that Bitcoin could reach $740,000 as blockchain adoption continues to grow. While specific details of this prediction are not provided in the given search results, such forecasts often generate significant interest and discussion within the crypto community.
BME Invests in Tokenized Real Estate Platform OpenBrick
BME, the Spanish stock market operator, has invested in OpenBrick, a platform specializing in tokenized real estate securities
This move underscores the growing trend of traditional financial institutions embracing blockchain technology and tokenization in the real estate sector.
US Asset Managers Propose New Bitcoin ETFs for Cautious Investors
Several asset managers in the United States are proposing new Bitcoin ETFs aimed at more cautious investors. While specific details are not provided in the given search results, this development suggests a growing effort to make Bitcoin investments more accessible and appealing to a broader range of investors, potentially paving the way for increased institutional adoption of cryptocurrencies.These developments across various sectors of the Web3 ecosystem demonstrate the continued evolution and maturation of blockchain technologies and their increasing integration into mainstream finance and technology. As regulatory frameworks continue to develop and innovative applications emerge, we can expect to see further growth and transformation in the Web3 space.
Bibliography
General Web3 trends and news
https://blockchain.news/news/openai-shuts-down-covert-iranian-influence-operation-leveraging-chatgpt
Web3 companies
Investments Web3
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