ISOC BSIG https://isoc-bsig.org ISOC Blockchain Tue, 24 Jun 2025 13:32:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://isoc-bsig.org/wp-content/uploads/2023/09/ISOC-BLOCKCHAIN-logo-100x100.png ISOC BSIG https://isoc-bsig.org 32 32 Security issues are raised by Ledger’s new offline wallet key recovery options https://isoc-bsig.org/security-issues-are-raised-by-ledgers-new-offline-wallet-key-recovery-options/ https://isoc-bsig.org/security-issues-are-raised-by-ledgers-new-offline-wallet-key-recovery-options/#respond Tue, 24 Jun 2025 13:32:32 +0000 https://isoc-bsig.org/?p=4985 In this post:
  • Ledger unlocked its newest models, Flex and Stax, with a new hardware device.
  • According to a new whitepaper, tamper-proof chips and specialized firmware safeguard the hardware device.
  • In order to prevent granting authorization to fraudulent smart contracts, Ledger introduced extra signing protection.

For new wallets, Ledger will include a new key recovery capability that will enable offline access to the private key. Since Ledger’s devices were promoted as a means of rendering private keys inaccessible, the move raised a number of security issues.

In the future, Ledger will provide a key recovery function to new wallets, allowing certain devices to have a secondary PIN. Recovery Key is a new service that can be utilized completely offline and is optional. The business recently released a whitepaper outlining the capabilities of its new offline recovery system.

The new Ledger Recovery key is a smart card that generates the Secret Recovery Phrase by storing a copy of the master secret. The card can share the master secret from the Ledger Hardware Wallet, connecting via Near Field Communication. 

The master secret is stored on a tamper-resistant chip in the Secure Element, which prevents it from leaking or being removed by hardware. The component provides multiple security layers, such as a secure factory environment to prevent tampering or putting compromised devices, and a separate operating system for exclusive communication with Ledger devices.

In response to multiple high-profile instances of locked devices, this is the second attempt to provide recovery to Ledger users. The recovery option, however, also presents further security risks for misuse of the secondary PIN.

Flex and Stax models saw the introduction of Ledger Recovery

Ledger Recovery is designed especially for Ledger Flex and Ledger Stax, two touchscreen products. The original Ledger device can be unlocked with the new spare key, which is stored in a different secure device. A user has the option to generate several spare keys, which are protected and generated online.

With Ledger Recovery Key we are making secure self-custody easy-to-use for everyone. Too many people are compromising by keeping their assets on exchanges and insecure software wallets. With Ledger Recover and now Ledger Recovery Key, as well as the traditional 24-words, we are proud to offer a recovery solution for every category of user.” 

~ Ian Rogers, Chief experience officer at Ledger

Ledger Recover, a premium function that grants access to the device, will coexist alongside the new service. Ledger Recover, however, is a de-anonymizing service that necessitates KYC. After several kidnapping cases, some cryptocurrency owners are still hesitant to have their identities associated with cryptocurrency ownership. Owners of ledger wallets have also been targeted, primarily to coerce them into unlocking the device. In certain situations, the device itself may also be misplaced or misused. Ledger is now one of the top tools for crypto hardware storage, having already claimed over 7.5 million total sales.

The ledger presents the transaction check

Ledger also improved its software to intercept potentially dangerous transactions as Web3 usage rises. The newest function in Ledger Live, Ledger Transaction Check, is designed to screen transactions. Ethereum users are the primary goal of the increased security.

Despite the increased security provided by Ledger, signing with the devices could still be exploited. Even though Bybit was allegedly employing a Ledger Nano, a multisig wallet was used to hack the exchange, resulting in a $1.4 billion loss.

Despite the safe hardware protection, the functionality makes signing more transparent in a setting where malicious smart contracts can take control of Ethereum wallet permissions.

KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage

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Since Open Network’s inception 100 days ago, PI Network accounts have seen little change in pricing https://isoc-bsig.org/since-open-networks-inception-100-days-ago-pi-network-accounts-have-seen-little-change-in-pricing/ https://isoc-bsig.org/since-open-networks-inception-100-days-ago-pi-network-accounts-have-seen-little-change-in-pricing/#respond Sat, 21 Jun 2025 16:27:23 +0000 https://isoc-bsig.org/?p=4979 In this post:
  • With more than 13 million users and $100 million in venture funding disclosed, Pi Network celebrates 100 days since the debut of its Open Mainnet.
  • Pi Coin suffers below $0.60 with limited trading volume, even with the expansion of the ecosystem and new features like PiFest and.pi Domains.
  • As traders watch the June 28 Two-Pi Day for a possible shift in bullish momentum, technical indicators are displaying conflicting indications.

After more than six years of ecosystem development, Pi Network launched its Open mainnet on February 20, 2025, and has now completed its first 100 days. With the introduction, Pi’s blockchain gained external connectivity, allowing for real-time functionality and increasing access for developers, merchants, and more than 13 million mainnet users worldwide.

The price of Pi Coin (PI), which has had difficulty gaining traction and is currently trading below $0.60, did not benefit much from the 100-day celebrations.

PI coin minimal price movement. Source: CoinGecko

With current trade volumes hanging at $77 million, down 35% from the seven-day average, the currency was unable to break the $0.61 resistance indicated by the 50-period exponential moving average.

Pi Day 2025 and a $100 million Pi Network venture fund

A blog article claims that the Pi Foundation established Pi Network Ventures in 100 days, a project supported by a $100 million fund divided between Pi and USD.

According to the Pi team, the project will assist in funding new ventures and companies that expand or include the Pi ecosystem. It further stated that initiatives that promote the Pi coin’s practical uses and commercial use would be given priority by the fund.

Pi Network’s fruit-matching mobile game FruityPi is one of the other ecosystem additions.

Pi Day 2025, held on March 14, was the beginning of the first PiFest event following the Open Network launch. The week-long event, which ran through March 21, brought in more than 125,000 registered merchants, including 58,000 active sellers.

The organization said, “In the first 100 days of Open Network, Pioneers have shown that the widely used, utility-based Pi cryptocurrency is here to stay and grow.”

Over 1.8 million Pioneers used the community-driven “Map of Pi” app during the event, and over 45,000 ratings were left. Real-world commerce inside the Pi ecosystem was tested at PiFest.

Auction prices for pi domains surpass 69,000

Cryptopolitan reported on the opening of the.pi Domains auction last Tuesday, which allowed users and companies to purchase unique domain names inside the Pi ecosystem.

According to the foundation’s report, over 57,000 distinct participants have placed over 123,000 active bids to date. More than 3 million Pi have been staked throughout the ongoing auction process, and there are currently active bids on over 69,000 domains. According to the Pi Foundation, the domains offer user customization, brand visibility, better app discovery, and instant utility.

Since February, Pi Network has also been updating its mainnet ecology interface. Developers no longer need prior whitelist clearance in order to deploy apps using the Developer Portal.

In a move to support monetization, Pi App developers have been invited to apply for the Pi Ad Network. Those selected will join the first group of apps from the pilot program already receiving ad revenue. The network is seemingly building an economically sustainable ecosystem for developers and content creators.

Over 3 million more Pioneers have joined the mainnet since February 20th, bringing the total number of users to over 13 million. With almost 7.4 billion Pi transferred, 5.2 billion locked, and 2.2 billion unlocked, blockchain activity is increasing.

Pi Network’s internal blockchain explorer indicates that more than 400,000 nodes are currently operational across testnet1, testnet2, and the mainnet.

Cryptopolitan Academy: An Upcoming Method for Using DeFi to Generate Passive Income in 2025. Find Out More

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As Trump postpones his war decision, oil reduces gains and US stock futures decline https://isoc-bsig.org/as-trump-postpones-his-war-decision-oil-reduces-gains-and-us-stock-futures-decline/ https://isoc-bsig.org/as-trump-postpones-his-war-decision-oil-reduces-gains-and-us-stock-futures-decline/#respond Fri, 20 Jun 2025 07:00:59 +0000 https://isoc-bsig.org/?p=4976 In this post:
  • After the White House postponed making a decision on US engagement in the Israel-Iran conflict, Brent crude futures dropped $1.89 a barrel to $76.96.
  • July U.S. WTI futures increased by $0.53 per barrel to $75.67.
  • As investors considered President Trump’s two-week deadline, US stock futures fell more than 0.3 percent.

After the White House postponed its decision on US engagement in the Israel-Iran conflict, Brent crude prices fell about $2 on Friday, reversing a recent rise.

Brent oil futures were down $1.89, or 2.4%, at $76.96 a barrel at 02:55 GMT, but they were still up roughly 3.8% for the week.

A holiday prevented Thursday’s trading of US West Texas Intermediate crude for July, but it was up $0.53, or 0.7%, at $75.67 per barrel.

Prices rose by about 3% earlier Thursday after Israel hit what it claimed were nuclear-related sites in Iran. Iran then attacked Israel with missiles and drones after an overnight raid on an Israeli hospital. The week-old clash between the two countries showed no signs of easing.

Gains were curtailed on Friday, though, when the White House press secretary stated that President Donald Trump would make a decision on whether to deploy American military to the Israel-Iran conflict within the next two weeks.

Fears of more U.S. engagement in Israel’s war with Iran caused oil prices to soar. However, Phil Flynn, an analyst with The Price Futures Group, later stated that the White House press secretary indicated there was still opportunity for de-escalation.

Iran, a member of the Organization of the Petroleum Exporting Countries, is the third-largest producer in the group, extracting over 3.3 million barrels of crude oil per day.

Oil and oil products flow through the Strait of Hormuz on Iran’s southern coast at a rate of between 18 million to 21 million barrels per day. Analysts and traders fear that if the war intensifies, it may impede shipments and reduce international supply.

Trump has employed the “two-week deadline” strategy in other significant choices. Tony Sycamore, an analyst at IG, pointed out that these deadlines frequently pass without any significant action, which would keep the price of crude oil high and maybe build on recent gains.

Thursday night saw a decline in US stock futures

Thursday night saw a decline in US market futures as investors considered the possibility of US military engagement in the Israel-Iran conflict and President Trump’s two-week deadline for a decision.

Futures for the S&P 500 and Nasdaq 100 fell about 0.3%, while futures for the Dow Jones Industrial Average lost more than 0.4%.

Due to Thursday’s Juneteenth market closure, traders took a break as tensions in world headlines increased.Investors on Wall Street were also processing comments made by Jerome Powell, the chair of the Federal Reserve.

Powell stated that policymakers were not in a rush to lower interest rates and would base their decisions on new evidence after the Fed held interest rates steady on Wednesday.

The majority of traders anticipate a rate cut by the Fed’s September meeting, according to CME Group.

Powell was once again criticized by President Trump on Thursday, who said that by maintaining high interest rates, Powell has cost the US “hundreds of billions of dollars.” Powell was referred to as “one of the dumbest, and most destructive, people in Government” in his personal attack.

Cryptopolitan Academy: In 2025, do you want to see your money grow? Attend our next webclass to find out how to use DeFi for this. Keep Your Place

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OKX launches licensed cryptocurrency exchanges in Poland and Germany https://isoc-bsig.org/okx-launches-licensed-cryptocurrency-exchanges-in-poland-and-germany/ https://isoc-bsig.org/okx-launches-licensed-cryptocurrency-exchanges-in-poland-and-germany/#respond Tue, 17 Jun 2025 15:37:26 +0000 https://isoc-bsig.org/?p=4972 In this post:
  • Germany and Poland already have fully regulated centralized cryptocurrency exchanges thanks to OKX Digital Asset Exchange.
  • According to the company, users from both countries can now access over 270 cryptocurrencies, including more than 60 crypto-euro pairs, deep liquidity, and minimal fees.
  • The launch followed OKX’s acquisition of a MiFID II license and a MiCA license in Europe earlier this year.

Germany and Poland already have fully regulated centralized cryptocurrency exchanges thanks to the OKX cryptocurrency exchange. According to the company, the launch represents a dedication to constructing the future of crypto security, transparency, and localization.

Though the company is entering areas where local regulators have been stepping up their inspection of digital currency service providers, the twin launch in Germany and Poland came after events that highlighted OKX’s compliance focus.

Before MiCA is fully implemented, Poland has been trying to bring its national standards into line with more general EU principles, while Berlin has seen authorities tighten license requirements.

MiCA replaces the dispersed national regions that once supervised crypto activity with uniform regulations for asset issuance, custody, trading, and transparency obligations across member nations. Additionally, the license offers more legal certainty for firms navigating Europe’s complex financial regulations.

According to the exchange, users in Poland and Germany may now access over 270 digital assets, including more than 60 crypto-euro pairs, substantial liquidity, and cheap fees. According to the company, clients from both nations may simply buy digital assets using cards and other regional payment methods, as well as deposit and withdraw euros for free using SEPA transfers and local bank transfers. Additionally, the cryptocurrency corporation translated its systems to accommodate regional customer care teams and native languages.

OKX welcomed Gabriel Manduca as General Manager for Eastern Europe and Moritz Putzhammer as General Manager for Central Europe and the Nordics. The company claims that both people have extensive knowledge of CeFi and DeFi, and they are already forming alliances, interacting with authorities, and ensuring their users’ voices are heard.

“These two countries are key growth markets in Europe, and we wanted to make sure we got it right. That means building regulated, localized platforms that not only meet compliance standards but actually deliver on what our users care about: performance, simplicity, and trust.”

OKX.

The cryptocurrency platform said that automated trading bots, staking, and spot trading are available to customers in Poland and Germany. Additionally, they can use tools like buy/sell options to access euro deposits and withdrawals. Additionally, OKX provides customers from both countries with an expanding range of reward goods and regional features designed specifically for European users.

OKX obtains permits to offer its services in Europe

Through its European Economic Area (EEA) center in Malta, OKX said its MiCA license enables it to provide its regulated goods and services to more than 400 million people throughout Europe.

In February, the crypto exchange also began passporting its MiCA license from its Malta hub to all 30 EEA member states. According to OKX, the feature of the MiCA law allows businesses registered and licensed in one EU country to offer their services in another EU country under a unified regulatory framework.

According to the company, its objective is to introduce cryptocurrency globally, not just in Europe. In order to guarantee that European users can trade with confidence on a regulated platform, the exchange expects that MiCA passporting can grow even more.

The purchase of a Markets in Financial Instruments Directive (MiFID II) license company was also disclosed by OKX on March 12. The company admitted that, subject to Malta Financial Services Authority (MFSA) permission, the entity is anticipated to go live later this year.

The MiFID II authorization, according to OKX Europe CEO Erald Ghoos, enhances the company’s standing in Europe and demonstrates its dedication to security, innovation, and regulatory compliance. Ghoos contended that the license will enable the company to collaborate with tier-1 organizations and provide institutional-grade services.

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Pudgy Penguins are onboard the My Neighbor Alice Web3 game https://isoc-bsig.org/pudgy-penguins-are-onboard-the-my-neighbor-alice-web3-game/ https://isoc-bsig.org/pudgy-penguins-are-onboard-the-my-neighbor-alice-web3-game/#respond Wed, 11 Jun 2025 15:53:31 +0000 https://isoc-bsig.org/?p=4969 In this post:
  • With the addition of Pudgy Penguins’ intellectual property, my neighbor Alice will grant NFT holders access to a unique metaverse and missions.
  • A new season of the game with more islands for all players will launch on June 17.
  • For an ALICE token airdrop, my neighbor Alice is also conducting a point-farming campaign.

The Pudgy Penguins NFT collection will collaborate with My Neighbor Alice, a popular metaverse Web3 game. A new Pudgy Land area will be added to the game, complete with unique quests and full integration of all NFT collections.

The Pudgy Penguins project will collaborate with My Neighbor Alice, one of the most ambitious Web3 games, to grow its metaverse. There will be playable versions of every Penguin from the NFT collections, complete with unique missions and a Pudgy Land setting. After several years of decreased development for Web3 gaming initiatives, the game seeks to reignite interest.

The new game will bring the adorable penguins to life

The open environment of My Neighbor Alice will be explored by all three Pudgy Penguins collections, which will be portrayed as 3D characters. Avatar holders will be the only ones with access to Pudgy Land. Owners of the original 8,888 Pudgy Penguins, 22,222 Lil Pudgys, and 7,399 Pudgy Rods will be able to meet up in the metaverse.

With a fresh set of objectives and rewards, the game will launch on June 17.

With this partnership, we’re pushing the envelope when it comes to interoperability. We haven’t just integrated the Pudgy Penguins brand but have made all 40,000 items awaken as native 3D assets within My Neighbor Alice. Now, Pudgy holders can see their own unique NFTs come to life in-game, interact with the world, enjoy exclusive gameplay and even create new experiences for others. That’s the power of connected ecosystems and a big step towards the open metaverse,”

Steve Hassenpflug, VP of Games at ChromaWay and My Neighbor Alice.

Originally a BNB Smart Chain game, My Neighbor Alice eventually moved to Chromia, a specialized Web3 network. Pudgy Penguins debuted their native Pengu coin on Solana and has collections on Ethereum.

Owners of Pudgy Penguins will get access to exclusive missions

Additionally, NFT holders will be able to create custom in-game emotes.

The ability to monetize NFT ownership will be further expanded when the emotes are made tradable in the game. The entire Alice and MNA token community will have access to some of the functionalities. These will contain seasonal tasks that offer prizes with a winter theme. However, Pudgy-themed NPCs will grant Pudgy holders access to special tasks.

The debut of a new My Neighbor Alice gaming season will also be aided by Pudgy Penguins. This collaboration marks the beginning of a number of integrations with well-known NFT collections. Given that it combines new in-game functionality with previously popular collections, My Neighbor Alice has the potential to revitalize the NFT area.

With a price floor of 9.30 ETH, Pudgy Penguins is still the third most active NFT collection. In the past, the NFT increased its floor price for the PENGU airdrop during the point farming season to as much as 100 ETH.

The most recent partnership demonstrates that Web3 gaming is still alive and that successful initiatives may grow their user base. There are more quests for a 500,000 ALICE airdrop throughout my neighbor Alice’s four-month point-farming campaign.

Currently, native MNA tokens are trying to bounce from their lows, rising to $0.46.

Your crypto news deserves attention – KEY Difference Wire puts you on 250+ top sites

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RYO Project: Launching RYOPAY with First Real-World Use Case in the Grain Trade Industry https://isoc-bsig.org/ryo-project-launching-ryopay-with-first-real-world-use-case-in-the-grain-trade-industry/ https://isoc-bsig.org/ryo-project-launching-ryopay-with-first-real-world-use-case-in-the-grain-trade-industry/#respond Wed, 11 Jun 2025 13:08:27 +0000 https://isoc-bsig.org/?p=4966 Singapore, [June 10, 2025] – The RYO Project, an innovative initiative born out of Japan, has launched RYOPAY, RYO’s stablecoin designed to be used within its comprehensive Web3 ecosystem. The first real-world use case for RYOPAY will be in partnership with GRNX Global, revolutionizing the global grain trade settlement process and demonstrating the power of Web3 beyond traditional finance.

Empowering the Global Community with Web3 Technology

RYO is not just another cryptocurrency – it’s a dynamic movement making blockchain technology accessible, practical, and beneficial for all. At its core, RYO Coin represents decentralized finance, offering a secure, transparent way to transact. The RYO ecosystem extends beyond crypto – it serves as a gateway bringing together real-world commerce, social impact, and much more through blockchain technology.

“We’re committed to making Web3 solutions and blockchain technology accessible and transformative for everyone

  • whether you’re an experienced crypto trader or new to crypto,” said Anthony Diaz, Founder & Chairman of the RYO Project. “Our mission is simple: to empower people, provide value, and bring innovation to the masses.”

RYO Project’s Achievements and Milestones

Since its inception, RYO has achieved key milestones that have set it apart from other blockchain projects:

  • RYO Coin: A digital currency for fast, low-cost, transparent transactions.
  • RYOPAY Stablecoin: A blockchain-powered stablecoin designed for the RYO ecosystem, with the first real-world application in partnership with GRNX Global for global grain trade settlements, marking the beginning of its broader rollout.
  • LIFE Wallet: A multi-function Web3 wallet that simplifies digital asset management, and offers integrated chat, rewards, and social features, enhancing user-experience.
  • The Global Mall: An e-commerce platform enabling merchants and consumers to buy and sell goods using RYO, other digital assets, and traditional payment methods, catering to both the crypto community and mainstream users.
  • Japan’s Crypto ATM Network: The first and only licensed Crypto ATMs in Japan, enabling seamless buy/sell transactions with simple KYC verification. This network creates nationwide accessibility in everyday locations across Japan, supporting the effortless adoption of crypto in daily life.
  • RYO-Chan: The project’s real-life schnauzer mascot, powered by AI, who leads smart contract analysis and portfolio management, and plays a key role in gaming, charity initiatives, and incentive programs, bridging blockchain with entertainment and social impact.

These achievements have garnered significant recognition, including the “Best Crypto Solution” award by the Tech Ascension FinTech Awards in 2024. RYO is leading the way in making blockchain simple and accessible to everyone.

Strategic Partnership with the Grain Trade Industry

RYO has formed a strategic partnership with GRNX Global to revolutionize the global grain trade settlement process using RYOPAY. This collaboration streamlines international transactions by leveraging blockchain technology for faster, more transparent, and cost-efficient settlements, demonstrating blockchain’s real-world impact beyond finance.

Transparency, Compliance, and Consumer Protection

Built in Japan, RYO adheres to high standards of compliance and consumer protection. The project has undergone KYC and comprehensive security audits with Certik, reinforcing transparency, trust, and long-term stability. RYO is committed to building a strong, reliable foundation for its global expansion.

A Vision for the Future: Expanding the RYO Universe

RYO is poised for explosive growth, focusing on key initiatives, such as:

  • Expanding Global Accessibility: Further exchange listings for wider access and greater liquidity.
  • Real-World Payment Integrations: Enabling businesses to accept RYO Coin in everyday transactions.
  • Social Impact & Charity: Leveraging the power of blockchain to drive positive change through charity initiatives and providing users with opportunities to learn, earn, and make an impact on communities worldwide.

“We’re not just building a token – we’re building for the future,” emphasized Diaz. “Crypto is only one piece of the puzzle. We are creating new ways for people to connect, earn, shop, and engage through blockchain.”

A Multi-Generational, Transparent Community

With over 30 years of marketing expertise in Japan, the Founders of RYO have built a diverse, multi-generational community, engaging people from their 20s to 80s through strategic education and awareness initiatives. This broad reach proves RYO’s usability and trust, solidifying its position as a transparent and secure platform for digital asset management.

The RYO Opportunity

RYO’s mission to make blockchain accessible to all is attracting interest from investors, tech enthusiasts, businesses, and everyday users who may not have previously engaged with crypto. The global expansion of the RYO ecosystem, alongside its secure, and user-friendly design, makes it an appealing opportunity for forward-thinking investors.

About Zenza Capital PTE. Limited

Zenza Capital PTE. Limited is a leading innovation-driven investment firm specializing in emerging technologies, digital finance, and blockchain. Zenza Capital plays a central role in the development and expansion of the RYO ecosystem and driving mass adoption of Web3 and blockchain technologies.

For more information on the RYO Project, visit www.ryocoin.com or contact: [email protected]
Follow RYO on social media for exclusive updates: Twitter | Telegram | LinkedIn | YouTube

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China momentarily disables AI tools to protect the integrity of exams https://isoc-bsig.org/china-momentarily-disables-ai-tools-to-protect-the-integrity-of-exams/ https://isoc-bsig.org/china-momentarily-disables-ai-tools-to-protect-the-integrity-of-exams/#respond Tue, 10 Jun 2025 16:48:44 +0000 https://isoc-bsig.org/?p=4962 In this post:
  • During China’s yearly “Gaokao” college entrance exams, AI chatbots were shut down by Qwen, Tencent’s Yuanbao, ByteDance’s Doubao, and Moonshot’s Kimi.
  • One of the most difficult exams in the world, the high-stakes test covers English, math, and Chinese and determines university admissions in China.
  • As the Ministry of Education released instructions for the multi-level usage of AI during and after the tests, China’s vice premier urged for fair exams.

During the June 7–10 university admission exams in China, chatbot services were suspended by Alibaba, ByteDance, DeepSeek, Tencent, and Moonshot. During test hours, Tencent’s Yuanbao and Alibaba’s Qwen likewise turned off picture recognition features.

Chinese authorities also put in place a series of procedures to stop efforts at cheating, in addition to the actions taken by private AI businesses. These include stringent digital device filtering, signal jamming, biometric verifications, and video surveillance to identify unusual test activity.

According to data made public by the Chinese Ministry of Education (MoE), there are approximately 13.3million applicants for this year’s Gaokao, which is about 70K lower than the previous year. The MoE sets the exam questions for the three required topics of Chinese, math, and English that make up the Gaokao.

AI chatbots won’t respond to inquiries during exam times

As of Monday, Qwen and Doubao were still able to recognize photos, but they would not respond to inquiries concerning a test paper photo. Doubao claimed that the submitted photo was “not in compliance with rules,” but Qwen retorted that the service was momentarily suspended during exam hours on June 7–10. Automated alerts indicating the temporary service restriction—which was limited to the assessment tests—were also displayed by the Doubao and DeepSeek applications.

Photo-recognition services were suspended by Yuanbao and Kimi during the nationwide multi-day test period. “This function cannot be used during the test period to ensure the fairness of the college entrance examinations,” the chatbots retorted.

Nevertheless, no formal announcement regarding the suspension of AI chatbots during the exam time was provided by any of the AI companies. When university students were unable to use AI chatbots to study during exam hours, they allegedly shared the information on the Chinese social media site Weibo.

School administrators in a number of Chinese districts declared that they will employ AI to monitor for “abnormal behaviors,” such whispers or repeated looks between students during tests, in addition to suspending AI tools to prevent exam irregularities. Jiangxi Province in East China will implement a real-time, AI-powered surveillance system for each of the 567,100 applicants. Deep learning techniques will be used by the system to track anomalous behavior in real time by both examinees and exam invigilators.

As the Education Ministry releases AI rules, Ding demands equity

This week, Chinese Vice Premier Ding Xuexiang emphasized the need for a fight against cheating and called for a “safe gaokao.” The Education Ministry also unveiled a set of rules last month that prohibit students from using AI-generated content as exam answers, even though schools should begin developing AI talent early on.

The goal of the 2025 version of the guideline was to address privacy concerns, academic integrity, and excessive reliance on technology while standardizing the moral and proper application of generative AI. The limitations, according to a top Education Ministry committee official, are intended to guarantee age-appropriate AI use and keep younger children from growing unduly reliant on the technology.

While teachers must make sure AI can support human-led instruction rather than replace it, primary school pupils were not allowed to use AI tools that produced open-ended content on their own. Students in middle school were permitted to investigate the rational framework of information produced by artificial intelligence. High school students, on the other hand, might participate in inquiry-based learning that required them to comprehend the technological underpinnings of AI.

Additionally, the recommendation requested that educational authorities develop dynamic “whitelists” of authorized AI tools, construct data protection regulations, implement ethical review procedures, and develop localized AI management policies. Teachers have to make sure AI was used in teaching solely as a supplement.

According to the government, it would progressively build AI education bases in elementary and secondary schools and boost investments in AI education infrastructure. In order to help teachers better comprehend and utilize AI capabilities, it also intends to provide additional training sessions.

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Momentum Raises Strategic Round Led By OKX Ventures, Coinbase Ventures, Protagonist and DNA Fund https://isoc-bsig.org/momentum-raises-strategic-round-led-by-okx-ventures-coinbase-ventures-protagonist-and-dna-fund/ https://isoc-bsig.org/momentum-raises-strategic-round-led-by-okx-ventures-coinbase-ventures-protagonist-and-dna-fund/#respond Fri, 06 Jun 2025 06:22:17 +0000 https://isoc-bsig.org/?p=4959 Central liquidity engine of the Move ecosystem surpasses $3 billion swap volume in less than two months, becoming the fastest growing DEX on Sui; will use strategic funding round to help grow Sui DeFi ecosystem

SAN FRANCISCO, June 4, 2025Momentum, one of the fastest-growing decentralized exchanges (DEX) on the Sui blockchain, has raised a new strategic funding round at a $100 million valuation led by OKX Ventures with participation from Coinbase Ventures, Gate Ventures, MEXC Ventures, KuCoin Ventures, and strategic partners Protagonist and DNA Fund. The influx of capital will be used to continue Momentum’s astronomical growth within the Sui DeFi ecosystem. This funding round follows a previous round of $10 million led by Varys Capital in March 2025.

OKX Ventures recognizes Momentum’s position as a leading DEX on the Sui blockchain, with its innovative approach to liquidity management and ecosystem development. The investment aligns with OKX Ventures’ strategy of supporting promising infrastructure projects that contribute to blockchain ecosystem growth. Momentum has demonstrated strong technical execution and adoption metrics since its launch, positioning it as an important contributor to the expanding Sui Network ecosystem. 

“We are delighted to partner with and invest in Momentum, whose model will effectively enhance trading efficiency, boost liquidity depth and increase user rewards. This innovative approach has the potential to make a significant impact in the DeFi space, especially for the Sui ecosystem,” said Cass Cai, Head of KuCoin Ventures. 

Momentum has established itself as one of the fastest-growing liquidity engines on Sui, powered by its innovative ve(3,3) DEX model. It has achieved $3 billion in swap volume, $69 million in TVL, and has surpassed 420,000 users within just two months. 

In addition to the respected backers joining Momentum’s latest funding round, additional funding came from prominent industry leaders, including Coin Bureau, Monke Ventures, MultiChain Advisors (MCA), Crypto Lark (@TheCryptoLark) @theonlynom (Core Contributor at Bonk), and others.

The latest funding builds on early strategic support from Circle Ventures, Coinbase Ventures and Sui Foundation, and positions Momentum as a leading force in the Sui ecosystem and one of the most highly anticipated projects in DeFi.

Led by co-founder ChefWEN (@ChefMMT_X), the architect of MSafe and senior engineer of Meta’s Libra project, Momentum has established its security track record since its launch in May 2022. This is achieved through audited smart contracts, a robust review process, real-time monitoring and 24/7 support, ensuring minimal fund risk while earning and building trust with both retail and institutional investors.

“Sui’s architecture sets a new standard for DeFi infrastructure – enabling near-instant transaction finality, scalable performance under heavy load. It takes a strong chain to make a DEX that delivers, and because of this, I’m confident in Momentum’s ability to build a DEX that delivers a seamless, CEX-like experience entirely on-chain,” said ChefWEN.

Momentum’s groundbreaking ve(3,3) DEX incentivizes liquidity through vote-escrowed tokenomics, redistributing 100% of protocol revenue to stakers. This flywheel, token locking, voting and deeper liquidity pools set Momentum apart from the competition. 

About Momentum 

Momentum is a Move-native DEX built on Sui, offering trading, vesting, and treasury management for both retail and institutional participants. Backed by Coinbase Ventures, Circle Ventures, OKX Ventures, Vary’s Capital, Selini Capital, Amber Group, Protagonist and Sui Foundation, it’s co-founded by ChefWEN, an early architect of Meta’s Libra project. Mirroring the success of Aerodrome which boasts 73% market share of Base on-chain volume, the groundbreaking ve(3,3) model is set to provide deeper liquidity with better rates for traders and higher earnings for liquidity providers.

Join the Momentum

To stay ahead, follow Momentum’s official channels for first-look updates, rollout timing, and early access. Dive into the WAGMI Trading Competition to score Bricks (points) and unlock early TGE airdrop rewards. Stay connected with @MMTFinance on X, Telegram, and LinkedIn.

Trade now: https://app.mmt.finance/trade
Website | X | Telegram | LinkedIn
Media Contact: [email protected]

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AEON Integrates TRON Network to Enable Seamless In-Store Payments  https://isoc-bsig.org/aeon-integrates-tron-network-to-enable-seamless-in-store-payments/ https://isoc-bsig.org/aeon-integrates-tron-network-to-enable-seamless-in-store-payments/#respond Thu, 05 Jun 2025 04:07:16 +0000 https://isoc-bsig.org/?p=4956 Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility token of the TRON network. USDT and USDD on TRON for offline payments are also included to bring fast and low-cost digital payments into everyday retail experiences. This integration marks a major milestone in AEON’s mission to make crypto spending frictionless and widely accessible, while significantly expanding the utility of TRON-based digital assets in global retail environments.

As one of the most actively used public layer-1 blockchains, TRON’s high throughput and low transaction fees have earned it a reputation for fast and secure payments. In addition to TRX, USDD and USDT on TRON can now be used to make purchases at thousands of physical retail locations. From global franchises to local stores, approximately 10,000 brands and 20 million merchants across Southeast Asia can now tap into a circulating supply of $77B+ stablecoins on TRON. Expansion into Africa and Latin America is currently in development. 

 “TRON encompasses a global community that has embraced blockchain as a fast, affordable, reliable, and stable means of transacting,” said AEON’s CEO, Eddie Li. “The sheer volume of users and stablecoin activity on their network is extremely well-suited to AEON’s growing suite of payment services for users around the world.”

To make purchases, users simply open the AEON Pay app, scan the merchant’s QR code, and pay directly with their TRON-based digital assets. By tapping into TRON’s expansive global user base, AEON is accelerating crypto adoption where it matters most: on the streets, in cafes, and at retail counters.

“AEON Pay’s integration greatly enhances TRON’s mission to become a global settlement layer,” said Sam Elfarra, Community Spokesperson for the TRON DAO. “We each approach the goal of driving Web3 adoption by building bridges between crypto and traditional finance.”  

This strategic collaboration with TRON underscores AEON’s leadership in real-world crypto payment innovation. As AEON continues to shape a globally connected Web3 economy, its support for TRON reaffirms its commitment to driving mass adoption of crypto and integrating it into everyday payment experiences.

About AEON

AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON’s AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users.

With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that’s intelligent, scalable, and borderless, where AI meets real life through seamless, scalable payments for next billion of users.

Media Contact

Amber Sun

[email protected]

Website | X | Telegram | Medium 

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $77.7 billion. As of June 2025, the TRON blockchain has recorded over 310 million in total user accounts, more than 10 billion in total transactions, and over $21.5 billion in total value locked (TVL), based on TRONSCAN.

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact

Yeweon Park

[email protected]

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Playbet.io formally announces a new “Bonkers” partnership with British Rapper and Icon Dizzee Rascal. https://isoc-bsig.org/playbet-io-formally-announces-a-new-bonkers-partnership-with-british-rapper-and-icon-dizzee-rascal/ https://isoc-bsig.org/playbet-io-formally-announces-a-new-bonkers-partnership-with-british-rapper-and-icon-dizzee-rascal/#respond Wed, 04 Jun 2025 16:51:23 +0000 https://isoc-bsig.org/?p=4952 Playbet’s newest brand ambassador, British rapper and icon Dizzee Rascal, has worked with Playbet; Nick Hunter of P11 set up the deal. Rascal is well-known for his past two decade hit singles.

Playbet.io formally launched in June 2024, while guiding the business into the online crypto gaming space. Playbet.io has grown to be a top crypto-friendly online casino and sportsbook with a full sportsbook covering all the major sports and eSports, vibrant gaming options like slots and live dealer games, and an amazing year of operation. Playbet.io’s multi-tiered welcome bonuses and VIP program are well-known for their generosity; withdrawals at the site are player-centric. The newest VIP to add to the roster of friends on the platform is pioneering British rapper, producer, and Mercury Prize–winning artist Dizzee Rascal.

Through exclusive Playbet-branded content and several live streams, this fascinating brand cooperation will see Dizzee Rascal interact with Playbet’s growing audience and highlight his contagious personality.

Having a more than 20-year career, many chart-topping hits, and a reputation for exciting live performances, Dizzee Rascal has become a real industry icon. Right now he is stretching limits and shaping popular culture and music all around.

Cooperation between Playbet.io and Dizzee Rascal will increase cultural relevance and inventiveness. Dizzee Rascal, a pioneer in the UK grime scene, has constantly pushed creative boundaries, much as Playbet.io is transforming the crypto gaming sector with its unique platform and creative approach to online entertaining. Playbet.io and Dizzee Rascal are well-known for their capacity to keep ahead of innovation, question accepted wisdom, and successfully interact with a worldwide, tech-savvy audience. Through this brand ambassadorship two forces that reflect vitality, authenticity, and the future of their respective fields will unite.

Dizzee Rascal expressed his excitement about the alliance and said: “I’m excited to partner with Playbet and be a part of this innovative experience. Like me, I enjoy to be involved in anything creative and Playbet is doing worldwide is major activity. Let the fun start!”

Playbet.io’s Chief Marketing Officer, Miguel Almeida, also expressed his delight about the alliance and said:

“It gives us great pleasure to reveal our alliance with Dizzee Rascal, one of the most venerable names in the music business. Dizzee is a real success icon, having enthralled millions of people all around. We are happy to have him as the most recent Playbet.io ambassador.”

“This cooperation marks an exciting chapter for us, and we are confident it’s going to be a hit,” he also added.

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