Kimberly

@kimberlyx

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How AI Agents Are Transforming The Web3 Sector While various use cases are still underway, a number of Web3 companies have started to incorporate AI agents to perform specific tasks. Danny O’Brien, Senior Fellow at Filecoin Foundation, told Cryptonews that AI agents are autonomous software systems that leverage one or many AI models. O’Brien explained that these agents have access to data and tools, allowing them to run a sandbox, query databases or even execute a smart contract. “Web3 developers are building agents that can handle complex tasks, while also paving the way for collectives of agents that can specialize in completing multi-step tasks,” O’Brien said. Ron Bodkin, Co-Founder and CEO of Theoriq – an AI communication platform – added that unlike large language models (LLMs) such as ChatGPT, AI agents are designed to achieve specific goals or perform certain functions.

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Tyler Winklevoss has stressed the urgent need for a new SEC Chair to be appointed before the upcoming U.S. elections. In a recent post on X, Tyler Winklevoss, co-founder of Winklevoss Capital Management and the Gemini cryptocurrency exchange, called for action in Washington before the November elections, stressing that this demand is non-partisan and should unify the crypto industry. Winklevoss emphasized the need for voters to know who the next Chair of the U.S. Securities and Exchange Commission will be before voting in November, arguing that this clarity is crucial for making crypto a bipartisan issue.

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Spot Bitcoin exchange-traded funds (ETFs) in the United States saw $423 million in net inflows on Tuesday, marking the eighth consecutive day of positive flow for these funds. Among the spot Bitcoin ETFs, BlackRock’s IBIT emerged as the leader in terms of net inflows, reporting $260.23 million, its highest since June 6, according to data from SoSoValue. The strong performance of IBIT was accompanied by significant trade volume, with approximately $1.02 billion worth of trades executed on Tuesday. Fidelity’s FBTC followed closely with $61.05 million in net inflows, while Ark Invest’s ARKB and 21Shares’ ARKB saw $29.85 million and $22.04 million inflows, respectively.

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https://warpcast.com/smartarena/0x3ebe8136

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https://warpcast.com/linda-t/0x0fb43531

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https://warpcast.com/n/0xc0e3af42

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Terraform Labs to Sell 4 Businesses Amid Bankruptcy Proceedings Bankrupt crypto firm Terraform Labs has announced plans to sell four of its businesses as part of a $4.5 billion deal with the United States Securities and Exchange Commission (SEC). The four businesses that Terraform Labs is looking to sell are its portfolio tracking platform Pulsar Finance, crypto wallet platform Station, the no-code decentralized autonomous organization (DAO) management platform Enterprise, and its smart contract automation protocol Warp. Terraform acquired Pulsar Finance in November 2023, shortly before filing for Chapter 11 bankruptcy in January. Enterprise was launched a year earlier in November 2022.

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Fresh U.S. court filings have revealed that Montenegro Prime Minister Milojko Spajic personally invested in fugitive Do Kwon’s Terraform Labs crypto project years before the company’s collapse. Before assuming his PM office, Spajic — a crypto entrepreneur in his own right — invested invested $75,000 in Terraform Labs in 2018. He acquired 750,000 LUNA tokens at 10 cents each. At its peak, LUNA’s value soared to $199 per token, potentially making Spajic’s investment worth over $140 million. He likely sold some of his holdings before the collapse, profiting from his investment.

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Patrick Bet-David, founder and CEO of Valuetainment, says blockchain can greatly improve voting systems around the world. With the world changing so much amid artificial intelligence (AI), blockchain and Bitcoin, Bet-David wonders if new technology is what the world needs to improve the outdated voting process. It’s not only so as to improve voting systems in terms of transparency and accessibility, but to also get more people to develop confidence in these elections and their results. The entrepreneur shared his thoughts in a YouTube video. Highlighting blockchain as “a shared immutable ledger that facilitates the process of recording transactions and tracking assets in a business network,” Bet-David says these features are what makes the technology suitable for application in blockchain voting.

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Mint Canna Girl #014

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Farcaster - is a social network of the future! ❤️ /farcaster ❤️

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