Despite the ongoing crypto winter, the TRON (TRX) blockchain achieved a remarkable milestone yesterday, reaching a new all-time high in daily transactions with a staggering 10,935,762 transactions processed.

Justin Sun, the founder of the TRON blockchain, shared the record on Twitter, expressing that the achievement clearly indicates the increasing popularity and widespread adoption of the TRON protocol.

He believes that TRON’s growth is a testament to the team’s dedication and the protocol’s enduring strength as the industry faces challenges.

Despite the crypto winter, #TRON continues to defy expectations, posting impressive growth. The network hit a new record high in daily transactions just yesterday, with a 10,935,762 transactions processed. pic.twitter.com/Unn45CCUvg

— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 1, 2023

However, Sun claimed the TRON team is not content resting on its laurels. Looking ahead, the team has set an ambitious target for the coming year, which is to double the transaction volume.

The TRON founder noted that the goal is not merely about increasing the number of transactions but also showcasing the exceptional quality and efficiency of the TRON network.

He added that the transaction volume surge is expected to positively impact protocol revenue, demonstrating that TRON’s fundamentals remain robust even in a challenging market environment.

Sun emphasized that continuous improvement and tangible results are the best strategies to overcome a crypto winter. He highlighted TRON’s unwavering commitment to delivering concrete outcomes and encouraged the community to stay tuned for further updates as TRON progresses with its ambitious plans for the year.

In a related development, data from the popular market tracker CoinMarketCap shows that the TRON native token, TRX, has climbed four steps up the ranking. TRX now ranks eleventh largest crypto on the market, up from position 15 in April. TRX trades at $0.07448 with about 4% negative growth from the past week.

On May 31, OpenAI announced its efforts to enhance ChatGPT’s mathematical problem-solving capabilities, aiming to reduce instances of artificial intelligence (AI) hallucinations. OpenAI emphasized mitigating hallucinations as a crucial step toward developing aligned AI.

In March, the introduction of the latest version of ChatGPT — ChatGPT-4 — further propelled AI into the mainstream. However, generative AI chatbots have long grappled with factual accuracy, occasionally generating false information, commonly referred to as “hallucinations. “The efforts to reduce these AI hallucinations were announced through a post on OpenAI’s website.

While generative artificial intelligence (AI) is capable of doing a vast variety of tasks, OpenAI’s ChatGPT-4 is currently unable to audit smart contracts as effectively as human auditors, according to recent testing.

In an effort to determine whether AI tools could replace human auditors, blockchain security firm OpenZeppelin’s Mariko Wakabayashi and Felix Wegener pitted ChatGPT-4 against the firm’s Ethernaut security challenge.

Satoshi Nakamoto may have effectively disappeared over 12 years ago, but two artificial intelligence dabblers are seeking to revive the ability to chat with the famed Bitcoin (BTC) creator.

On May 31, Bitcoin FilmFest co-organizer Pierre Corbin and co-developer Hugo Ferrer released “Talk2Satoshi,” an AI chatbot that aims to answer questions about Bitcoin and economics as if they came from Nakamoto.

In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform — discusses the recent hype around memecoins, while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens (NFTs), are faring as memecoins take off.

Gherghelas believes we are in a memecoin era. From her perspective, when you mention Web3 or cryptocurrencies in 2023, many people will associate the terms with memecoins. Gherghelas says there have been multiple memecoin cycles in the cryptocurrency space, but this time is different because the trend has been sustained for a more extended period.

Georgia, a major cryptocurrency-friendly country among post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions.

The National Bank of Georgia (NBG) plans to launch mandatory supervision of virtual asset service providers (VASPs) starting Sept. 1, 2023.

Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on June 1 as the market's attention shifted to its strong network growth in recent months.

The LTC price jumped 3% to an intraday high of around $95. In comparison, its top-rivaling assets, Bitcoin (BTC) and Ethereum (ETH), dropped 2.25% and 1.75%, respectively, thus registering a rare decoupling between the markets.