COCO PAY presents a roundup of the most significant web3 news from the past week. Don’t miss out!
- Researchers from the University of California, San Francisco (UCSF), have developed a brain-computer interface enabling paralyzed patients to control a robotic arm using thought alone.
- Canadian regulators have warned about an increase in cryptocurrency scams. Criminals are creating fake investment platforms and spreading false news claiming support from former Prime Minister Justin Trudeau for the CanCap project.
- A recent outage in the European Central Bank’s payment system has raised concerns among European legislators about the security of the digital euro.
- The U.S. Securities and Exchange Commission (SEC) plans to ease requirements for cryptocurrency companies. According to interim head Mark Uyeda, crypto firms might be allowed not to register as trading platforms.
- Circle has launched an upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), reducing the transfer time of USDC tokens between blockchains from 13–19 minutes to just a few seconds.
- North Korean hackers have intensified a new fraud campaign using video calls, as reported by representatives from several cryptocurrency startups.
- Argentine lawyer Gregorio Dalbon has submitted a request to Interpol for a “red notice” to detain entrepreneur Hayden Davis, founder of the LIBRA token.
- OpenAI has called on the U.S. government to ban AI models developed by the Chinese laboratory DeepSeek, claiming the project is funded and controlled by Chinese state entities.
More news coming soon. COCO PAY—always keeping you informed!
