Shaw Walters, founder of Eliza Labs, has declared the Eliza token dead and announced the winding down of the Eliza foundation following a legal settlement with Burwick Law. The foundation settled the lawsuit by transferring its remaining treasury to token holders, ending all support, buybacks, and backing for the token. Walters confirmed he will not launch another token linked to Eliza but will continue developing the open-source ElizaOS AI agent framework independently. The project, initially launched as ai16z and later rebranded, faced accusations of deceptive practices and false advertising, which led to the lawsuit and eventual settlement. Walters emphasized that future work will focus on AI software development separate from any crypto assets.
Ethereum co-founder Vitalik Buterin has proposed EIP-8141, aiming to simplify Ethereum wallets by allowing multiple actions in one transaction, supporting key rotation to reduce reliance on seed phrases, and enabling apps to pay users' gas fees. This...
Since the Federal Reserve's establishment in 1913, the US dollar has lost about 97% of its purchasing power due to inflation and major economic events. This decline has increased interest in Bitcoin, which offers a capped supply and potential protect...
In Q2 2024, Goldman Sachs held the largest institutional position in XRP ETFs, with $87.45 million in exposure, far ahead of Jane Street and Millennium Management. These holdings represent about 12.4% of the total $1.48 billion in XRP ETF net assets,...
Berlin's state government refused to pay a 30 Bitcoin ransom (about $2.4 million) demanded by the Rhysida ransomware group, leading to the release of 5.7 terabytes of stolen data on the dark web. The cyberattack, detected on August 14, disrupted two ...
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
