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TL;DR Despite its controversial history, which included years of delaying the actual network launch and token release, Pi Network has grown to be one of the most popular and talked-about projects in the cryptocurrency space. After all, it has been in existence, in some form, for roughly half a decade. During the recent appearance at the 2025 Consensus conference in Toronto, Kokkalis was asked about this growing popularity, where it stems from, and if the community is vocal on Pi or decentralization in general. The project’s co-founder, who is also the head of technology, believes the main reason behind this popularity is the concept of value capture. “In the future, where more and more work is being done by agents and AI, it’s important to make sure that the value is not only captured by a few individuals or a few companies. It can be captured by a large number of people. And that’s where blockchain and our projects can come [in]to play.” He added that Pi Network’s popularity can continue rising if all projects within its ecosystem work toward capturing value for a larger number of people. Just over a week ago, PI’s price started to climb aggressively and it surged from $0.6 to $1.7 within days. This massive ascent transpired after the team behind the project hinted about a big announcement coming on May 14. Once that was revealed , which turned out to be a $100 million fund designated for ecosystem investments, PI started to nose dive. Earlier today, it fell below $0.7 after another double-digit daily decline. As such, it has almost erased all gains registered from the hype-driven rally, which makes it another ‘sell the news’ event.

Michael Novogratz, founder and CEO of Galaxy Digital, said the crypto industry is at a turning point as his firm went public on the Nasdaq Thursday under the ticker GLXY. “We started off wanting to be the Goldman Sachs of crypto,” Novogratz said during a CNBC “Squawk Box” interview, recalling early days building out a broker-dealer and asset management firm. “The herd is finally here.” Galaxy’s public debut comes with a shift in strategy . While the company remains focused on crypto, it has also moved into the AI data center business. Novogratz described Galaxy as a “data center company plus a crypto company,” pointing to a major lease with CoreWeave at the Helios site in Texas. “That’s close to $14 billion of rent over the next 15 years,” he said. Novogratz framed the AI expansion as more than a hedge. “These are the two most exciting growth areas—AI and crypto,” he said. “By mid-next year, we should have the first section [of the data center] really pulling a whole bunch of cash.” On the policy front, Novogratz was candid about politics. “The four years under Biden were really un-American when it came to crypto. It was just misery,” he said, calling the current environment “amazing for the space.” While some Democrats criticize Trump’s ties to crypto, Novogratz praised efforts by Senators Warner and Gallego for pushing bipartisan legislation . “We got to get this bill done, which I think happens Monday. Then there’s a market structure bill, and then crypto will go quiet in D.C.,” he said. Looking ahead, Novogratz predicted further gains for Bitcoin ( BTC ). “It looks like we’ll take out 106, 107, 108 and make the next leg to 131, 150,” he said. He added, “Crypto is a $2 trillion asset. Gold is a $22 trillion asset. One day, crypto will equal gold.”

Filecoin Foundation and Lockheed Martin Space test IPFS for satellite data transmission The Filecoin Foundation and Lockheed Martin Space have successfully tested a version of the InterPlanetary File System (IPFS) for transmitting data from a satellite orbiting Earth, according

Galaxy Digital is in discussions with the U.S. Securities and Exchange Commission about tokenizing its own shares and potentially other equities using its in-house digital asset platform. The move could allow Galaxy’s stock to be used in decentralized finance applications like trading and lending. The company met with the SEC’s crypto task force in March to explore registering Galaxy’s stock on a blockchain. “They believe in the power of tokenized networks,” Novogratz said, noting that tokenization feels “really close” to becoming a reality, according to a Bloomberg report . Galaxy, which managed $7 billion in assets at the end of March, will begin trading on the Nasdaq on Friday after previously being listed only in Canada. The listing comes amid renewed bullish sentiment in crypto markets and increased competition among crypto-native companies going public. Tokenization allows traditional assets to be represented as digital tokens on blockchains. These tokens can enable faster settlement, broader access, and continuous trading. Last year, Galaxy tokenized a 316-year-old Stradivarius violin to secure a loan, showing early use cases of the technology, according to Bloomberg. The SEC has shown growing interest in the space, recently hosting a tokenization roundtable where officials compared the shift to digitized assets to past transitions in media formats. However, tokenizing equities still requires regulatory frameworks that reconcile blockchain technology with current securities laws. Other firms, including Coinbase and Kraken, have floated similar ideas around tokenized securities. Novogratz said Friday’s listing marks a new chapter: “We are going to ring the bell… it’s the beginning and not the finish,” according to Bloomberg.

A recent survey among crypto users by CoinGecko reveals a notable divide: strong support for identifying artificial intelligence (AI) in digital interactions contrasts with a lower willingness to use Proof of Personhood (PoP) systems for identity verification. The findings indicate that while most participants champion AI transparency, fewer are eager to engage with online systems designed to confirm their own human identity. According to the CoinGecko Crypto x AI Survey conducted between February 20 and March 10, 2025, found that over 65% of participants stated that distinguishing humans from AI online was very important. Breaking this down, 48.6% of respondents labeled it “very important,” while an additional 17.0% marked it as “quite important.” A further 19.8% considered such identification “somewhat important.” This strong desire for AI transparency, however, did not directly translate into enthusiasm for adopting Proof of Personhood systems. The survey showed that only 30.4% of all respondents reported both a willingness to participate in PoP and a belief that it was very important to distinguish humans from AI. Meanwhile, another 10.8% stated that identifying AI was very important to them, yet they were either unwilling or neutral about joining PoP programs. This data points to a degree of skepticism toward current identity verification tools, even among those who value greater online transparency. Related: PolyMarket Data Shows Grok AI Has 20% Chance to Beat Google by 2025 End The CoinGecko survey gathered responses from 2,632 individuals active in the crypto space. In total, 48.8% expressed some level of willingness to adopt Proof of Personhood. This was composed of 30.3% who were fully willing and 18.5% who were slightly willing. Those respondents who remained neutral on PoP participation made up 24.7% of the total surveyed. Opposition to participating in PoP systems stood at 26.5%. Related: Tether AI to Support Bitcoin, USDT Payments Across All Devices and Apps This figure is split between 16.5% of respondents who were fully unwilling and 10.0% who were somewhat unwilling to use such systems. These figures from the CoinGecko Crypto x AI Survey illustrate that while overall support for PoP systems currently outweighs resistance, a substantial portion of the crypto user population remains undecided or firmly opposed to their adoption. The 24.7% of neutral respondents constitute a significant group that could ultimately influence the broader acceptance and implementation of Proof of Personhood technologies. Their views may shift in the future, likely based on how concerns regarding privacy, data safety, and the practical implementation of PoP systems are addressed by developers and the industry. The survey participants included crypto investors (51%), traders (26%), builders (10%), and spectators (13%). The majority of respondents had fewer than seven years of experience in the crypto field. Geographically, 93% of the participants were from Europe, Asia, North America, and Africa. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.