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Edgen released its AI ‘super app’ beta version for crypto traders, giving them AI-driven insights into the markets. Companies are increasingly exploring AI’s potential to give crypto traders an edge. On Wednesday, May 14, Edgen released the beta version of its AI-powered “super app” to the public. According to the company, the app is an integrated platform for specialized AI agents that tap into social sentiment and on-chain data in real time. Bad news: Markets don't care about your feelings. Good news: Edgen just launched. It doesn't have feelings either, but it's on your side. Sharp on-chain & social signals, instant clarity, and trades you can proudly brag about. Public Beta today. Free, open for all. Try now: 🧵 pic.twitter.com/aK1NXSrGtp Edgen cofounder Sean Tao emphasizes that while the information traders need is already available, the tools currently available don’t deliver data in a format that’s optimal for decision-making. To address this, Edgen uses AI to simplify and streamline complex market data. “Markets today don’t reward access to data — they reward the ability to reduce complexity faster than consensus. That’s what Edgen unlocks,” Sean Tao, cofounder of Edgen, Sean Tao, cofounder of Edgen stated. He added that “If Bloomberg Terminal were invented today for a generation raised on Discord, DeFi, and ChatGPT, it would look like Edgen.” Edgen states that its tool leverages AI to process complex data and deliver actionable insights to traders, benefiting both novices and institutional investors. The company also claims that its AI agents can detect early signals, before they develop into broader trends, giving users a potential advantage. “We built Edgen to help traders make smarter decisions, faster. It gathers insights from the entire market and from everyone, learns from them, and gives them an edge. Markets move fast. Edgen helps people move faster and smarter. When information is everywhere, what matters most is how fast you can turn it into conviction. That’s what Edgen unlocks,” Sean Tao, Edgen. Edgen is just one of the companies working on AI agents for crypto trading. On April 29, Oasis Protocol announced a platform where AI trading bots are verified through ZK-proofs, enhancing their security.

How to Retrieve a Deposit with Self-Service Refund | Bitget Support Center https://www.bitget.com/support/articles/12560603811938?appVersion=2.56.1&time=1747228554219&androidSdk=35&language=en_US&appTheme=standard

Arizona Governor Katie Hobbs has vetoed two crypto-related bills designed to increase the state’s use of digital assets while simultaneously approving a strict law that focuses on regulating crypto ATMs. Among the rejected proposals is Senate Bill 1373, which would have created a Digital Assets Strategic Reserve Fund . This fund was intended to let the state hold and manage cryptocurrency obtained through asset seizures or legislative allocations. Katie Hobbs stated in her veto letter to Senate President Warren Petersen that the current volatility in cryptocurrency markets makes it an imprudent fit for general fund dollars. She added that she has already signed legislation this session that allows the state to utilize cryptocurrency without placing general fund dollars at risk. This latest development comes after she rejected Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act. The bill would have allowed the state to invest up to 10% of its treasury and retirement funds into Bitcoin or other cryptocurrencies. Stephen Cole, the co-founder of Orqestr, expressed disappointment, stating that he was disheartened to learn Governor Katie Hobbs had vetoed Arizona’s bitcoin reserve legislation, SB1025. According to data from Bitcoin Laws, while 26 U.S. states have introduced strategic crypto reserve bills, 18 others are still active. By rejecting this bill, Arizona has now joined the league of other U.S. states that have formally blocked similar legislation. Furthermore, the Arizona governor also rejected Senate Bill 1024. This bill aimed to allow state agencies to accept cryptocurrency as payment for things like taxes, penaltie and government service fees, using approved payment processors. The bill included protections to limit the state’s exposure to crypto price swings, likely by having service providers convert crypto to dollars immediately. Still, Hobbs said the approach carried too many uncertainties and potential downsides, leading her to decide not to move forward with it. Hobbs wrote: Today, I vetoed Senate Bill 1024. While this bill would allow State agencies to enter into agreements to protect the State from risks associated with cryptocurrency, legislators on both sides of the aisle acknowledged it still leaves the door open for too much risk. The sole cryptocurrency bill that received Hobbs’ approval was House Bill 2387, which lays out strict rules for operating crypto kiosks and ATMs. The bill was created with the aim of reducing fraud while also improving transparency. The bill sets daily limits on crypto kiosk use, with new users restricted to $2,000 per day and returning users allowed up to $10,500 per day after 10 days. It also requires kiosk operators to provide 24/7 toll-free customer support and to display the phone number clearly on every machine. Moreover, it requires crypto kiosks to show clear warnings in multiple languages about common crypto scams and makes users confirm they understand the risks before completing a transaction. It also stipulates that operators must provide detailed receipts listing transaction details, contact info, fees, and refund terms. Also on May 7, Hobbs approved House Bill 2749, which updates Arizona’s unclaimed property laws to include digital assets. While her recent vetoes show a cautious approach, this approval suggests she’s not entirely ruling out the role of cryptocurrency in state policy. The bill allows the state to retain unclaimed crypto in its original form, rather than converting it to traditional currency. While the Arizona government has rejected the idea of the state using digital assets, Dubai Finance (DOF), on the other hand, has signed a Memorandum of Understanding (MoU) with Crypto.com to enable the payment of government service fees using cryptocurrencies. The partnership helps Dubai move toward a cashless society by making crypto transactions secure and easy. It allows the government to add a new digital payment option for services, making it simpler and safer to pay using stablecoins. Hence, one can say that Arizona’s focus on regulation aims to protect consumers and minimize risk, while Dubai’s embrace of crypto for payments shows how digital assets can support innovation. These two approaches show different paths countries can take to shape responsible and forward-looking crypto policies.

Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. According to a May 12 press release , the newly combined entity will be led by American Bitcoin’s existing board of directors and management team. This includes key figures such as Mike Ho, Asher Genoot, Justin Mateen, Michael Broukhim, Matt Prusak, and Eric Trump. Once the merger is sealed, American Bitcoin’s current shareholders are expected to hold around 98% of the new entity, while Gryphon holders will own approximately 2%. Hut 8 will also remain the majority owner of the total shares. The new company plans to list on the Nasdaq under the ticker symbol “ABTC,” with the deal expected to close as early as the third quarter of 2025. Hut 8 will continue to play a major role after the merger, serving as American Bitcoin’s exclusive infrastructure and operations partner. The companies have outlined long-term commercial agreements that are expected to provide stable, contracted revenue streams for the former’s power and digital infrastructure divisions. “This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost Bitcoin accumulation at scale,” said Asher Genoot, CEO of Hut 8. He explained that by taking American Bitcoin public, the company aims to gain direct access to dedicated growth capital without relying on Hut 8’s balance sheet. The goal is also to maintain long-term exposure to potential Bitcoin gains for its shareholders. American Bitcoin was launched in March 2025 through a strategic partnership between Hut 8 and American Data Centers. The idea was to build the world’s largest, most efficient pure-play BTC miner and a strategic Bitcoin reserve. The venture is backed by Hut 8’s infrastructure and industry expertise, with daily operations managed under a shared services agreement. Soon after the launch, American Data Centers was rebranded as American Bitcoin, with Eric Trump stepping in as co-founder and Chief Strategy Officer. This latest development adds to the Trump family’s growing portfolio in the crypto industry. In addition to the mining company, they are involved in the World Liberty Financial (WLF) DeFi project, which recently announced that its USD1 stablecoin will be the settlement currency for a $2 billion investment by Abu Dhabi-based MGX into Binance. The family’s media company, Trump Media, also has a deal with Crypto.com to create ETFs, while the President and the First Lady have launched their own meme coins, Official Trump (TRUMP) and Melania Meme (MELANIA).