Check out the latest OQTACORE Dev Digest for May 2025 and stay updated on our newest tech insights and project progress.
May 2025 marked another important period for the blockchain and cryptocurrency sectors.
Here’s a summary of the key updates:
Regulation
Arizona & BTC Strategic Reserve Act
Arizona Governor Katie Hobbs vetoes the BTC Strategic Reserve Act.
EU & Anonymous crypto
EU to ban anonymous cryptocurrencies by 2027.
UK & New Rules for crypto
The UK government published new rules for regulating cryptocurrencies. Clear new rules to give investors confidence and protect consumers.
Chancellor also reveals discussions with US about supporting the use and responsible growth of digital assets, as Government works in national interest to drive growth through Plan for Change
eXch crypto exchange
Frankfurt authorities confiscated €34 million from the eXch crypto exchange, the exchange was accused of money laundering.
Blockchains | Digest
Solana
Solana devs and validators have worked together to patch up a critical security issue, but this speedy fix didn’t come without criticism over the network’s centralization.
Ethereum R1
A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token.
BNB Chain
Blockchain platform BNB Chain, developed by cryptocurrency exchange Binance, has launched the BNB Chain AI Bot to assist users across its ecosystem.
The tool is accessible through the BNB Chain website, various social media channels, and integrated development environments such as Cursor. Designed as a digital assistant, it is intended to support developers, community members, builders, and individuals exploring the ecosystem.
Technologies | Digest
Google & Veo 3
Google has shown a new neural network Veo 3, which can create videos with sound. Veo 3 is available now in the Gemini App for Google AI Ultra subscribers in the U.S.
DeepSeek & new AI model R1
The Chinese DeepSeek team presented a new AI model R1, which is not inferior in performance to o3 from OpenAI.
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