Solana, Crypto, and AI: A Week in Review – March 18, 2025
This week’s crypto news is packed with developments across various sectors, from controversial marketing campaigns to major conferences and legal battles. Let’s take a look at the key headlines.
Solana Foundation Ad Sparks Backlash
The Solana Foundation found itself embroiled in controversy after its promotional video, “America is Back—Time to Accelerate,” sparked criticism within the crypto community. The ad, which compared the current state of the US to a person in therapy, drew parallels between pronouns and Decentralized Finance (DeFi). This has led to a sharp increase in debate over the Foundation’s messaging and its approach to community engagement.
Solana Crossroads Returns to Istanbul
Positive news for Solana enthusiasts: The Solana Crossroads conference is returning to Istanbul from April 25-26, 2025. The event, expected to draw 2,500 participants, aims to connect prominent ecosystem projects, investors, and Web3 thought leaders, solidifying Solana’s presence in the industry.
Global AI Show to Feature 5,000+ Attendees in Riyadh
The Global AI Show, hosted by VAP Group, is preparing for a significant gathering in Riyadh, Saudi Arabia. The event, set for June 23-24, 2025, is expected to attract over 5,000 AI futurists and feature 200+ speakers and 300+ companies, cementing Riyadh’s position as a hub for technological innovation.
Legal Scrutiny of Pavel Durov: Implications for Crypto
Telegram founder Pavel Durov’s temporary departure from France amidst charges of negligence and complicity in narcotics trafficking, money laundering, child sexual exploitation, and terrorism is creating a ripple effect within the crypto community. Durov’s case raises concerns about the responsibility of platform developers for activities enabled on their services, echoing the situation of Alexey Pertsev, the developer of cryptocurrency mixer Tornado Cash. Concerns about the implications for free speech and privacy are being voiced, adding fuel to the discussion about regulations and platform accountability.
Binance Updates and Cardano Whale Sell-Off
Binance recently implemented several amendments to its operations. Additionally, large investors have been observed selling significant quantities of Cardano (ADA) tokens.
