A trading AI agent developed by an OpenAI staff member incorrectly sent almost $442,000 worth of tokens due to a misunderstanding of a user’s query. The event took place in the open as the AI, named Lobstar Wilde, tried to build a Solana portfolio automatically. The AI’s developer, Nik Pash,
The crypto market is in a bloodbath today, as it falls around 4% today, with the total market cap slipping toward $2.26 trillion. While the fear and greed index rose slightly to 14, from last week’s 12, it remains in the extreme fear zone, as Bitcoin, Ethereum, and most altcoins
The crypto industry’s “investable universe” is shrinking as markets mature, according to NYDIG research head Greg Cipolaro. He argues that only a limited set of blockchain applications can attract sustained investor capital, and the broader Web3 vision may need recalibration. Cipolaro said investors now focus on applications that extend traditional
Small entries in the global crypto market are seeing the potential for a higher ROI. This is mainly evident from the anticipated trajectory of Ozak AI, wherein OZ is projected to not just reach the target price but surpass it eventually. A derivation of this principle is from the review
Investors are moving money out of the decentralized finance to the tokenized real-world assets as the crypto market faces weakness. Experts say that investors are choosing the low-risk option in the space instead of quitting. Data shows that tokenized assets grew by 8.7%, which is around $24.8 billion in value,
An institutional asset manager and technology platform that operates at the intersection of traditional finance and blockchain, ORQO Group, made an announcement today that its fintech platform, Soil, has expanded onto Ripple’s XRP Ledger (XRPL). Soil makes it possible for stablecoin holders to receive secure and predictable returns through tokenized
While analysts assess Ethereum’s long-term growth prospects, investor interest remains strong. The network is still fighting to reach its full potential, with projections suggesting it could achieve up to 5× gains; on the other hand, Ozak AI is gaining traction as a high-growth challenger. As demand for AI-based utility-driven tokens
The Aptos Foundation has introduced a major proposal to change its native token APT’s work structure. This aims to reduce inflation and to control the token supply. Aptos says that the change would replace its early “Bootstrap system” with a structure that mainly focuses on the usage, transaction fees, and
Kresus, a wallet and blockchain infrastructure firm located in the United States, made an announcement today about a strategic investment of approximately KRW 18 billion (roughly $13 million) from Hanwha Investment & Securities, which is considered to be one of the leading financial organizations in South Korea. The investment supports Kresus’
Barry Sternlicht, who was the founder and CEO of Starwood Capital, says his company is ready to tokenize real-world assets, but U.S. regulations are blocking it. His company manages more than $125 billion in assets. He shared his plans on RWA and made comments on the current U.S. rules on
