How AI Powers Web3 Growth as Regulation Tightens and Gen Z Embraces Crypto

AI Integration in Web3: BingX’s $300 Million Commitment to User-Friendly Crypto

BingX, a cryptocurrency exchange with over 20 million users worldwide, is making significant strides in integrating artificial intelligence (AI) into its platform to simplify the Web3 experience. According to Cointelegraph, BingX has launched a suite of AI-powered trading tools, including BingAI, which acts as a trading assistant for both novice and experienced users. These tools provide real-time market briefings, trend forecasts, and trade analysis in an accessible format, eliminating the need for users to interpret complex charts or technical jargon.

BingAI also features a Pro Trader Recommender, which suggests expert traders to follow based on individual risk profiles, reducing the time needed for discovery from hours to seconds. The BingAI Chat function guides users throughout their trading journey, offering contextual insights and suggestions. As part of its broader strategy, BingX announced the BingX AI Evolution initiative, which includes a planned investment of $300 million over the next three years to embed AI into all core operations, from strategy to decision-making.

“Seven years ago, BingX started with a simple mission: Make crypto more accessible to everyone. Today, that mission is evolving with AI at its core. We are not here to follow trends, but we are here to redefine what comes next.” — Vivien Lin, Chief Product Officer, BingX

BingX serves over 20 million users globally.
Investment of $300 million in AI over three years.
AI tools include real-time briefings, trade analysis, and personalized recommendations.

Summary: BingX is positioning AI as a transformative force in Web3, aiming to make crypto trading more intuitive and accessible, with a substantial financial commitment to ongoing innovation. (Source: Cointelegraph)

Australian Regulator Sues Former ACX Director Over Mishandling of $22.8 Million in Customer Funds

The Australian Securities and Investments Commission (ASIC) has initiated civil penalty proceedings against Allan Guo, the former director of Blockchain Global, for alleged mishandling of customer funds at the now-defunct ACX Exchange. As reported by CoinDesk, ACX Exchange collapsed in December 2019, leaving customers unable to withdraw their funds. Liquidators found that Blockchain Global owed approximately $59 million to its creditors, with close to $22.8 million of that sum belonging to ACX Exchange creditors.

ASIC’s allegations against Guo include improper handling of customer funds, misleading statements regarding those dealings, and failure to maintain proper books and records. Guo reportedly left Australia in September 2024 after a travel restraint expired, which had been imposed during the investigation into the collapse of ACX Exchange. The proceedings highlight ongoing regulatory scrutiny in the crypto sector, especially concerning the protection of customer assets.

Total Owed by Blockchain Global	Owed to ACX Exchange Creditors
$59 million	$22.8 million

Summary: ASIC is pursuing legal action against Allan Guo for his role in the collapse of ACX Exchange, with $22.8 million in customer funds unaccounted for, underscoring the importance of regulatory oversight in crypto exchanges. (Source: CoinDesk)

Gen Z and Millennials Lead Crypto Adoption: 52% and 48% Have Invested, Says Gemini Report

A new report from Gemini, as covered by The Daily Hodl, reveals that about half of Millennials and Gen Z globally have invested in crypto assets. Specifically, 52% of Millennials and 48% of Gen Z respondents reported current or past crypto ownership, compared to 35% of the general global population. The report, titled the 2025 Global State of Crypto, highlights the strong skew of digital asset ownership toward younger demographics.

The study also notes the role of memecoins in driving broader crypto adoption. In the US, 31% of investors who own both memecoins and traditional cryptocurrencies purchased memecoins first. This trend is echoed in other countries: 30% in Australia, 28% in the UK, 23% in Singapore, 22% in Italy, and 19% in France. Globally, 94% of memecoin owners also hold other types of crypto, suggesting that memecoins often serve as an entry point to wider crypto investment.

Demographic	Crypto Ownership (%)
Millennials	52
Gen Z	48
General Population	35

31% of US investors bought memecoins before other crypto.
94% of memecoin owners globally also own other crypto assets.

Summary: Younger generations are leading the way in crypto adoption, with memecoins acting as a significant gateway to broader digital asset investment. (Source: The Daily Hodl)

Crypto Platforms: Engineered for Gambling-Like Experiences

According to Asia Times, crypto trading platforms are increasingly designed to resemble and function like casinos, encouraging high-risk speculation and profiting from user losses. The article draws on research from Concordia University, highlighting how exchanges such as BitMEX popularized features like up to 100x leverage, gamified interfaces, and real-time feedback loops. These elements transform trading into a form of entertainment, blurring the line between investing and gambling.

The study emphasizes that these platforms are not neutral tools but are architected to pass risk onto users while collecting revenue from trading activity. Features such as leaderboards, visual effects, and meme-based communities foster a culture where risk-taking is celebrated, and losses are reframed as part of the “game.” This phenomenon, termed “gamblification,” increases user engagement and trading volume, benefiting the platforms regardless of individual outcomes.

“Cryptocurrency platforms are built to monetize user risk in ways that closely parallel casinos. They rely on opaque systems, asymmetric information and engagement loops that benefit the platform regardless of individual user success.” — Amy Swiffen and Martin A. French, Concordia University

Crypto platforms use gamified features to encourage high-risk trading.
Platforms profit from trading volume, not user success.
“Gamblification” blurs the line between investing and gambling.

Summary: The design of crypto exchanges increasingly mirrors casino dynamics, with platforms engineered to maximize engagement and profit from user risk, raising concerns about the broader implications for financial systems and regulation. (Source: Asia Times)

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