The recent inaugural NYC Digital Asset Summit Roundtable, hosted by Mayor Eric Adams, focused on New York City’s strategy for engaging with the blockchain sector. Key participant Joshua Maddox stressed the importance of public-private collaboration for scaling Web3 adoption.
NYC Reopens Doors to T

Lawsnote was sued by Legal Source Information for infringement due to the use of web scraping technology. The first-instance ruling sentenced founder Guo Rongyan to 4 years and Xie Fuya to 2 years in prison, along with a compensation of 154.5 million New Taiwan dollars. This case has triggered intense discussions in the legal and startup communities, questioning the regulations on the use of public data and raising concerns about the future legality of web scraping technology, reflecting Taiwan's lag in information technology law.

The core team of Pi Network has just announced two new features for all users, including the integration of artificial intelligence into the ecosystem and another platform-level utility service for staking.
PI and AI
Citing the fundamental principles of the blockchain industry, including the focus on solutions

Fiserv announced that it will collaborate with PayPal and Circle to launch the USD-backed stablecoin FIUSD, expected to go live on the Solana blockchain by the end of the year, aimed at enhancing payment and remittance efficiency while complying with the new dynamics of the regulatory environment. At the same time, Fiserv plans to explore deposit tokens to facilitate digital payment solutions.

The XRP Ledger is set to adopt a significant upgrade with the XLS-56d proposal for Batch Transactions, enhancing cost-effectiveness and user-friendliness in asset transfers. This will enable more sophisticated app development and monetization, impacting NFTs and dApps positively.

Crypto Assets can be used as collateral to buy a house! The future American dream will be to own 0.1 BTC?

AI today discovered 1. Hong Kong officially legislates to regulate virtual asset trading and custody services 2. Trump criticizes The Federal Reserve (FED) for raising interest rates too quickly, calls for Powell to resign 3. Meta seeks $29 billion in financing, fully betting on AI data center construction 4. The number of warning letters received by American encryption investors from the IRS surged by 758% 5. UK AI company Cel AI plans to raise $10.3 million to purchase Bitcoin

Original author: Shan Li
Original text compiled by: Deep Tide TechFlow
Bhutan still relies on ancient traditions, which makes it an unlikely pioneer in cryptocurrency.
Thimphu, Bhutan - This small Himalayan country, known for its magnificent scenery and national happiness index, has recently gained a new title: cryptocurrency pioneer.
According to a report by the cryptocurrency platform Arkham, Bhutan currently holds Bitcoin reserves worth 1.3 billion USD, which is about 40% of the country's gross domestic product (GDP). According to Arkham's data, this makes Bhutan the third largest holder of Bitcoin among governments worldwide.
Unlike major cryptocurrency-holding countries like the United States or the United Kingdom, Bhutan's wealth does not come from seizing criminal assets or purchasing on the open market. Instead, this secretive Buddhist nation has quietly established Bitcoin mining operations since 2020, leveraging its abundant resources.

The Pi Network team announced two major updates during this year’s Pi2Day celebration. In a post on social media, the Pi Core Team shared that they had rolled out new features aimed at growing the Pi ecosystem. These updates were supposed to show progress in the project, but many community members

Ripple drops its cross-appeal as the SEC also withdraws, officially ending the prolonged legal conflict over XRP sales.
CEO Brad Garlinghouse confirms Ripple will now focus on building the Internet of Value, shifting fully to utility and development.
The SEC’s initial $125 million penalty