Bankrupt cryptocurrency lender Voyager Digital has said it received a letter from Binance.US terminating their asset purchase agreement. Voyager confirmed the news on social media, where it expressed disappointment.

The cloud services platform developed by Google, Google Cloud, has launched a special initiative tailored to Web3 startups, leveraging collaborations and partnerships with some of the most prominent companies in the crypto industry.

Solana Labs is working on an integration with OpenAI's artificial intelligence chatbot, ChatGPT, through an open-source plugin that will allow users to interact with the Solana network for tasks like checking wallet balances and purchasing non-fungible tokens (NFTs).

Top stories in the Crypto Roundup today:

• Binance.US Pulls Out of $1 Billion Voyager Deal
• Google Cloud Launches Web3 Startup Program
• Solana Labs Unveils ChatGPT Plugin for On-Chain Data Retrieval
• Chart of the Week: Spot and Derivatives Market Share of Selected CEXs

Binance.US Pulls Out of $1 Billion Voyager Deal

Bankrupt cryptocurrency lender Voyager Digital has said it received a letter from Binance.US terminating their asset purchase agreement. Voyager confirmed the news on social media, where it expressed disappointment.

Voyager reassured its customers that the Chapter 11 plan allows for direct cash and crypto distribution through the Voyager platform. Binance.US has attributed the termination to the "hostile and uncertain regulatory climate in the United States," acknowledging that this unpredictable situation is taking a toll on the American business community as a whole.

In an April 20 filing, the US government had granted permission for a significant portion of the $1 billion deal to proceed, despite lingering concerns that the contract's fine print might potentially allow for breaches of tax or securities law.

The deal had been approved by the majority of Voyager’s creditors. A committee representing these creditors announced it would be "investigating potential claims" against Binance.US.

US government lawyers, including representatives from the Securities and Exchange Commission, had previously made attempts to block the deal. They argued certain assets involved in the transactions, such as Voyager’s VGX token, could be classified as unregistered securities.

Google Cloud Launches Web3 Startup Program

The cloud services platform developed by Google, Google Cloud, has launched a special initiative tailored to Web3 startups, leveraging collaborations and partnerships with some of the most prominent companies in the crypto industry.

The Web3 Startups Program is an extension of the broader Google for Startups Cloud Program, which offers technical tools and cloud services to companies ranging from pre-seed to Series A.

Participating projects will gain access to unique Web3 benefits, such as a private Discord channel with Google Cloud Web3 product and engineering teams, specialized Web3 training courses, and grants from foundation partners Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation.

Google Cloud aims to offer reliable, scalable, and sustainable infrastructure for Web3 builders and recognizes the unique needs of these fast-paced startups.

Participants will receive up to $200,000 in Google Cloud credits over two years and early access to new Web3 products. The program has specific requirements and restrictions based on the startup's age and funding status

Solana Labs Unveils ChatGPT Plugin for On-Chain Data Retrieval

Solana Labs is working on an integration with OpenAI's artificial intelligence chatbot, ChatGPT, through an open-source plugin that will allow users to interact with the Solana network for tasks like checking wallet balances and purchasing non-fungible tokens (NFTs).

OpenAI’s plugin for ChatGPT hasn’t yet been rolled out to its entire userbase, and Solana hasn’t confirmed whether the plugin will launch when they do become widely available. Solana Labs has encouraged developers to nevertheless test using the open-source code to retrieve on-chain data they may be interested in.

The integration was showcased through a screenshot that demonstrated ChatGPT retrieving a list of NFTs owned by a specific Solana address, complete with metadata links.

The project is also committing $1 million in funding for AI tool projects on the Solana platform. Meanwhile, OpenAI has introduced a privacy feature for ChatGPT users to disable chat history, allowing more control over their data.

Chart of the Week: Spot and Derivatives Market Share of Selected CEXs

In this week's Chart of the Week, we analyze the market share of exchanges providing both spot and derivatives trading. Coinbase, Gemini, and Deribit have recently been in the spotlight for their offerings.

Binance dominates with a 38.7% market share in spot trading and a 64.3% market share in derivatives trading. Bybit follows, holding a 14.5% share in the derivatives market and a 0.92% share in the spot market.

State of the Crypto by Top Tier Exchange Volume

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