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Team behind blockchain-powered AI16z bot partners with Stanford to study autonomous crypto-AI agents

Eliza Labs partners with Stanford University to explore autonomous AI bots in the digital asset economy, focusing on trust, governance, and economic systems in decentralized finance.

theblock.co • 17/12/2024 - 03:07 AM

MEMECOINS

UK top financial regulator says Pump.fun doesn't have its permission to do business in the country

In a warning published on Dec. 3, the UK’s Financial Conduct Authority said they did not authorize Pump.fun. The regulator said Pump.fun may be targeting people in the UK.

theblock.co • 06/12/2024 - 16:38 PM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

The Funding: Why ICOs are being revived

This is an excerpt from the 16th edition of The Funding sent to our subscribers on Dec. 1. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

theblock.co • 01/12/2024 - 16:01 PM

The Daily: Human outwits Freysa AI agent to win $47,000, Hyperliquid token exceeds $5 billion FDV following airdrop and more

A human crypto user, known as “p0pular.eth,” outsmarted AI agent Freysa to win a $47,000 prize in ether by tricking it into misinterpreting its “approveTransfer” function. Hyperliquid airdropped 310 million HYPE tokens on Friday, which subsequently jumped 47% following the token generation event to $5.72, according to CoinGecko. Taiwan’s Financial Supervisory Commission is set to implement stricter anti-money laundering rules for crypto service providers on Nov. 30 — a month earlier than initially planned. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 29/11/2024 - 19:11 PM

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it. Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens. Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 26/11/2024 - 19:24 PM

Solana-based memecoin platform Pump.fun disables live streaming feature indefinitely

Individuals deployed live streams for increasingly “heinous” purposes to boost their token’s valuation, including reports of child abuse, bestiality and threatening suicide.

theblock.co • 25/11/2024 - 20:29 PM

The Daily: MicroStrategy buys record $5.4 billion in bitcoin, Sky Mavis cuts 21% of its workforce and more

Business intelligence firm and corporate bitcoin holder MicroStrategy purchased another 55,500 BTC for $5.4 billion between Nov. 18 and Nov. 24, according to an 8-K filing with the SEC on Monday. Axie Infinity crypto game developer Sky Mavis is laying off 21% of its workforce, affecting about 50 of its 250 global team, amid a “shift in priorities,” according to CEO and co-founder Trung Nguyen. Solana’s decentralized exchanges surpassed $100 billion in monthly trading volume for the first time, generating a record $109.8 billion in November so far, doubling Ethereum’s $55 billion. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 25/11/2024 - 19:15 PM

Ether gains momentum as capital shifts from bitcoin and derivatives activity increases

Capital flows are shifting from bitcoin to ether, with derivatives market activity signaling growing confidence in ether’s near-term upside, analysts said. Ether has surged over 6% while in the past 24 hours, while bitcoin saw a slight decline, as open interest and demand for call options hit record highs for the second-largest cryptocurrency by market cap.

theblock.co • 25/11/2024 - 16:28 PM

Pump.fun live streams are going too far — even for the crypto community's liking

The Solana memecoin launchpad has been criticized amid reports of users threatening self-harm or violent acts unless their tokens reach certain prices. Pump.fun claims it moderates harmful content, but its decentralized nature means that traditional terms of service may not be present or enforced in the same way.

theblock.co • 25/11/2024 - 14:26 PM

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