Opportunities for AI Under Tariff Suppression, Crypto May Fall Behind
Original Article Title: More AI Less Crypto
Original Article Author: @DanJablonski_, @BullpenFi Investor
Original Article Translation: zhouzhou, BlockBeats
Editor's Note: The intersection of the Crypto and AI ecosystems is rapidly evolving, with various projects advancing innovations such as intelligent agents, on-chain reasoning, decentralized models, and more. Chaos Labs is building AI researchers, Sentient is introducing on-chain intelligent agents, Gaianet is collaborating with Mira to enhance credibility, Ambient is focusing on real-time reasoning, and Sei is exploring the robot economy. This wave of enthusiasm is sweeping through the Web3 and AI intersection.
The following is the original content (reorganized for better readability):
Across the entire crypto industry, no track has seen faster development than AI. Even in the current downturn of on-chain sentiment, AI still commands the highest attention. The signal is very clear, and too much is happening for silence to be an option. In this tariff-ridden week, we have distilled the core content of the Crypto AI field for you:
If you want to understand the overall trend, the following few lengthy articles are well worth a read. They do not focus on a particular project but rather present where we are, and where we might be headed in the future.
1. Chain of Thought's "The State of the Swarm (I): Dawn"
The AI swarm is the future direction: millions of autonomous intelligent agents will engage in real-time trading and evolution under market mechanisms, forming an "agentic economy."
Teng Yan (@0xPrismatic) has been dedicated to Crypto AI research for almost a year. Recently, his @CoT_Research acquired @OutpostdotAI, becoming a major observatory platform in this field, publishing weekly updates and in-depth insights, exploring how the fusion of AI and crypto is evolving.
2. @YB_Effect: Another key voice in the Crypto AI field
He shared a summary of his conversation with the DeAI (Decentralized AI) founder and investor in an article. The key takeaway: DeAI is gaining attention due to decentralized training, open-source inference, strong network effects, and global accessibility. However, its biggest challenge still remains: how to prove that "decentralization" can truly bring value? Some even argue that without Crypto, open-source AI would not succeed.
3. @Sendaifun Founder @Yashhsm: Thoughts on the "Attention Capital Market" and AI
His key point is: through "vibe coding," AI is making app development faster and cheaper, fueling a wave of "hype-able" tokenized applications. As the barriers to creation lower, "attention" becomes a true moat— and AI tools like @KaitoAI can help us quantify and trade this attention. The biggest issue still lies in "user retention," but AI remains highly promising and could be a key driver for the next wave of crypto adoption.
4. @VariantFund's Legal Counsel and Investment Partner @DBarabander published a post on how crypto is addressing AI's core challenges.
He mentioned Variant's recent investments in projects like @PluralisHQ and @Hyperbolic_Labs.
DBarabander pointed out: Cryptography offers features like economic ownership, verifiability, and self-sovereignty, addressing AI's core issues in resource coordination, modular composition, native payments, and more. This means that AI agents can access shared computation, run in a trustless manner, and autonomously transact, driving the next wave of Crypto AI innovation.
5. @GSR_io's "Integration of Crypto and AI" is a content-rich research report that delves deep into various aspects of the decentralized AI tech stack.
The article extensively analyzes multiple leading teams such as @PrimeIntellect, @NousResearch, @GensynAI, @PluralisHQ, etc., recommending reading to understand how decentralized training, data markets, and AI agent platforms combine to form an ecosystem.
Many crypto podcasts often have noisy content, lacking substantive insights, but this week these two episodes are indeed insightful and worth a quick look:
1. Ejaaz (@cryptopunk7213) in conversation with Decentralised's Saurabh (@Desh_Saurabh)
@Decentralisedco has been consistently producing some of the highest quality and most timely research content in the Web3 space. In this podcast episode, they discuss how the decentralized design of blockchain is reshaping the AI tech stack—opening new pathways for data ownership, collaborative coordination, and computational models.
They point out that AI agents have the potential to significantly simplify the user experience of crypto products. Still, for success, the core needs to align with users' motivations, especially economic incentives.
Episode 37: How AI Agents Are Reshaping DeFi and Crypto Infrastructure (Host: Ejaaz Ahamadeen)
2. @BanklessHQ's "AI Weekly Rollups" has become a must-listen, even a must-watch show every week.
I usually listen to podcasts while running or working out, but Bankless's series has evolved from a "podcast" to a "full-screen sharing show," more like watching a performance than just listening to a conversation.
Very exciting. The program reviews all the key events from the previous week: xAI, Coreweave, Ghibili, Gemini 2.5, and the emerging new generation of AI agents in the crypto world.
Highlight Title: ChatGPT Goes Viral: 60 Minutes Breaks 1 Million Users
Finally, here are the significant progress updates this week from the most innovative teams:
1. @GensynAI launched the highly anticipated Testnet
Gensyn is a decentralized AI network that supports collaborative machine learning. Users can run nodes, train models, track contributions, and build a scalable open ecosystem.
It is currently in the Reinforcement Learning (RL) Swarm stage. The project follows a phased release approach and is gradually moving towards the Mainnet launch under community guidance. The ultimate goal is to operate an AI collaborative network handling real-world economic value.
2. @GetGrass_io has seen a 320x increase in web crawling capability post-Sion upgrade.
Grass is a protocol that utilizes over 3 million user nodes to crawl and process public web data for AI model training. With the explosive growth of AI models like ChatGPT, the competition for public data has intensified, sparking deep discussions on "who owns the data." Research institution @FourPillarsFP has released an in-depth analysis of Grass's growth path.
3. @Hyperbolic_Labs has released a comprehensive March update and shared an article on model fine-tuning.
In their March review, Hyperbolic Labs highlighted the rapid growth of their AI cloud platform: GPU rental volume doubled compared to the previous month, the developer count reached 165,000, and added support for models like DeepSeek-V3-0324 and Qwen-QW-32B.
They continue to position themselves as a "high value, developer-friendly" inference service platform and are expected to launch Auto Top Ups, a new Model Playground, and a significant brand upgrade in May.
Furthermore, the team elaborated on various AI fine-tuning techniques, explaining how to adapt pre-trained language models to tasks through carefully curated data to enhance model efficiency, security, and alignment.
Monthly Report Link Article Fine-tuning
4. @Chakra_AI partnered with @FlowAI_xyz to integrate Chakra's open data standard into Flow's AI agent marketplace.
This partnership enables AI agents on the Flow platform to access real-time key datasets hosted by Chakra, enhancing their utility. For example, a DeFi smart agent could retrieve Bitcoin prices from Chakra's data warehouse and respond to user queries. The collaboration aims to expand Flow's AI agent ecosystem, including novel applications such as user-owned agents built on community data sources like Twitter and LinkedIn.
5. Leading MPC protocol @ArciumHQ brought several significant updates this week.
Arcium focuses on building privacy-preserving AI and is developing the world's first encrypted supercomputer. This week, they released a preview of the "Encrypted Ecosystem," announced the launch of their Testnet on April 30th, and successfully closed a fundraising round with the CoinList community.
6. @Chaos_Labs is building the "world's first AI-endowed crypto researcher."
I have already signed up for early access, and their intelligent agent system aims to enhance research depth and investment conviction. Chaos CEO Omar states that the system, akin to an AI swarm, will bring profound and actionable insights to the crypto market.
7. @SentientAGI and @PondGNN collaborate to bring on-chain data-driven AI agents to Sentient Chat.
Sentient is a non-profit organization committed to building a decentralized, open-source AI ecosystem. Through this partnership, Pond's AI models can analyze on-chain data in real-time to provide users with operational insights, enhancing transparency and accountability.
8. @OpenGradient announces integration with @Crossmint to support building AI agents through the Goat SDK.
OpenGradient is a decentralized AI platform focusing on secure, open-source model hosting and scalable on-chain computation. In their March update, they also introduced Flock LLMs, integrated the LangChain workflow, laying the foundation for next-generation web3 AI applications.
9. @Gaianet_AI partners with @Mira_Network to reduce AI hallucinations and bias by 90% through a trustless verification mechanism.
Gaia is a decentralized ecosystem supporting the evolution of AI applications, while Mira focuses on verifiable AI reasoning. Their collaboration, combining Mira's 2.5 million users and Gaia's 280,000 node network, will drive the adoption of AI in high-stakes scenarios such as healthcare and finance.
10. @Ambient_xyz officially emerges from stealth mode.
Ambient is a PoW Layer1, compatible with SVM, focusing on ultra-fast, real-time, verifiable inference on a 6 trillion parameter model. They aim to be a "decentralized OpenAI competitor" and embed AI into the chain's base layer design. Co-founder of @Delphi_Digital, @Shaughnessy119, shared related information.
11. @Sei_FND released its latest research findings in the robotics, DePIN, and AI fields.
The team explored how DePIN and tokenization drive the development of physical AI, achieve robot assetization through blockchain, and incentivize AI participation. AI applications in industries such as healthcare and manufacturing will accelerate adoption, with the Sei chain acting as a critical financial infrastructure.
You may also like
OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together
In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.
Japan to Assess a Framework for Yen Stablecoins and Crypto ETFs as Asia’s Compliant Payments Narrative Heats Up
Recently, according to the original report, Japan is considering the launch of yen stablecoins and cryptocurrency ETFs. Public information remains limited at this stage, and there is still no complete policy text, regulatory draft, or clear implementation timeline, so this is better characterized as a “policy discussion” rather than formal implementation. The original wording also noted that advancing stablecoin regulation in Asia is driving XRP usage and supporting growth in the XRPL ecosystem. However, based on currently available public information, there is not enough evidence to directly establish a clear causal relationship between this round of discussion in Japan and XRP or XRPL.
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.
White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.
OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
