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Bitcoin buying surges in Iran amid protests, Belarus moves to launch crypto banks, and OpenAI releases an AI translator

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  • Iranians ramp up Bitcoin purchases amid protests and currency collapse
    Against the backdrop of political unrest and a sharp decline in the Iranian rial, local residents are increasingly buying BTC, viewing it as a hedge and a store of value.
  • Elon Musk demanded $134 million from OpenAI and Microsoft
    According to reports, Musk filed a legal claim seeking $134 million from OpenAI and Microsoft, related to disputes over intellectual property rights and access to AI technologies.
  • Belarus signs decree to establish crypto banks
    President Alexander Lukashenko approved a decree to create crypto banks in Belarus. These institutions will be allowed to provide custody, exchange, and settlement services for digital assets under state oversight.
  • Vitalik Buterin calls for a return to Ethereum’s core values
    Ethereum co-founder Vitalik Buterin emphasized the need to refocus on the network’s original principles, including decentralization, resilience, and community-first development over profit maximization.
  • OpenAI releases AI translator ChatGPT Translate
    OpenAI introduced a new AI-powered translation tool built on ChatGPT. The system promises more accurate translations that account for context, cultural nuances, and conversational language.
  • Opinion: China has nearly caught up with the U.S. and the West in AI
    Analysts say China has significantly narrowed the gap with Western countries in AI development, particularly in large language models, computer vision, and computing architectures.
  • Bank of Thailand to expand oversight of “grey” crypto activity
    Thailand’s central bank announced plans to tighten regulation of informal and unlicensed crypto operations, including P2P services and non-licensed trading platforms, to better protect investors and the financial system.
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