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Elon Musk’s Twitter Takeover Still Backed by Sequoia and Binance

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According to recent reports, the cryptocurrency exchange Binance and the technology investor Sequoia Capital continue to support Tesla CEO Elon Musk’s attempt to acquire Twitter for $44 billion.

The article presents findings from sources that were somewhat close to both firms. Sequoia Capital, which has already committed $800 million to the purchase, intends to maintain its financing at its current level.

In the meanwhile, a representative for the cryptocurrency exchange Binance, which is expected to contribute $500 million to the transaction, said that the firm is still committed to making the contribution.

According to Binance, they have high hopes that they will be able to play a part in the convergence of social media and Web3 as well as the widespread usage and acceptance of cryptocurrency and blockchain technology.

Elon Musk Twitter Takeover

Elon Musk made an offer to purchase Twitter on October 4 for an initial price of $54.20 per share of the company.

Twitter

Musk made the original bid to purchase Twitter at the beginning of the year; however, he ultimately opted to withdraw from the transaction in April.

Now, indications coming from CNBC indicate that the transaction may be successfully completed very soon. The validity of the agreement has not been validated by any party as of yet.

Furthermore, the billionaire abandoned talks to cut the price of Twitter by $10 billion from the original $44 billion price tag.

In a letter to the Securities and Exchange Commission (SEC), his lawyers said that Musk would go through with the acquisition of the platform provided the trial and all other actions linked to the current litigation could be postponed until after October 17.

The team stated that there is no need for an accelerated trial to force defendants to do what they are already doing since there is no need to require them to do what they are already doing.

However, Twitter does not accept the answer “yes” as an acceptable response. Unbelievably, they have persisted in carrying on with this dispute, dangerously putting the acquisition at risk and gambling with the interests of their investors.

The post Elon Musk’s Twitter Takeover Still Backed by Sequoia and Binance appeared first on The Cryptocurrency Post.

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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World Chain Activates Priority Blockspace for Humans

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TL;DR

  • World Chain activated Priority Blockspace for Humans, reserving block space for verified users during congestion without gas fee auctions.
  • The feature is already live for 13 million verified users and was audited by Nethermind after public tests with Flashbots and Alchemy.
  • Despite its expansion in the U.S., World has been suspended in Spain and Portugal over biometric data use in its digital identity network.

World Chain, the digital identity network tied to World — the project founded by Sam Altmanhas activated a new feature on its mainnet called Priority Blockspace for Humans.

This tool automatically reserves part of each block for transactions from verified human users whenever the network faces congestion, eliminating gas fee auctions during those critical periods.

The goal is to guarantee that essential services like identity verifications, app access, and incentive claims remain operational and accessible without requiring users to pay elevated fees. The feature is already available for over 13 million people who completed biometric verification through the Orb device and aims to encourage developers to build applications within its ecosystem.

Priority Blockspace for Humans was tested on a public testnet with support from Flashbots and Alchemy and underwent independent audits by Nethermind. It was also integrated into World Chain’s Block Builder and Rollup Boost — a modular solution compatible with OP Stack that enables customized transaction ordering across various networks.

Worldcoin world chain

World Chain Seeks to Prioritize Humans Over Automated Bots

The company argues this approach prioritizes real human users over automated bots and maximizes efficiency during periods of high demand. According to Steven Smith, Vice President of Engineering at Tools for Humanity, the feature aims to make World Chain a more accessible and functional network for individuals while still taking advantage of the scalability and automation that artificial intelligence enables.

Since April, World Chain has expanded into six U.S. cities after previously avoiding the market due to restrictions around token distribution. However, its growth continues amid regulatory scrutiny. Authorities in countries like Spain and Portugal suspended World’s operations over privacy concerns tied to its biometric data practices — a controversy that remains unresolved.

The project maintains its target of surpassing one billion verified users and building blockchain infrastructure centered on digital identity, combining on-chain verification tools with custom solutions for prioritizing human transactions.

The post World Chain Activates Priority Blockspace for Humans appeared first on The Cryptocurrency Post.

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Donut Browser: An AI-Powered Browser for Blockchain Transactions

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TL;DR

  • Donut Labs raised $7 million to build a crypto browser powered by AI agents capable of autonomously executing blockchain transactions.
  • The project will integrate a native wallet, decentralized exchange, and on-chain execution within a single interface, backed by Sequoia and Bitkraft.
  • The plan is to add payments, gaming, and social features, aiming to turn the browser into a decentralized personal financial assistant.

Donut Labs secured $7 million in a pre-seed funding round to develop a crypto browser enhanced with artificial intelligence.

The tool, called Donut, aims to transform how users interact with decentralized applications and digital financial services. Unlike traditional browsers, Donut integrates AI agents that understand user intent and autonomously carry out blockchain operations, such as token swaps, yield farming strategies, or portfolio adjustments.

https://twitter.com/DonutBrowser/status/1928084510815703378

The funding round was backed by Sequoia, Bitkraft, and HackVC, along with angel investors linked to Solana and other projects in the sector. With these funds, the company plans to develop a browser featuring a native wallet, built-in decentralized exchange, and on-chain transaction execution, all accessible through a single interface.

Chris Zhu, founder and CEO of Donut Labs, pointed out that today’s browsers haven’t evolved at the pace of digital financial applications. His team is working to redesign the browsing experience, delivering secure, automated operations through AI. These AI agents can interpret complex information, assess risks in real time, and translate data into clear, understandable language so users can grasp what’s happening with every transaction.

Donut Could Set a New Standard for Browsers

The company will add isolated signing systems and automatic security validations for every operation. This is designed to reduce risks users face when interacting with smart contracts and decentralized platforms. It will also allow AI agents to make quick decisions, optimizing costs and execution times.

Donut post

While the initial target audience will be traders, developers, and DeFi users, Zhu expects broader adoption as mainstream browsers integrate agentic capabilities or offer interoperability with platforms like Donut. According to his estimates, on-chain and off-chain environments will increasingly converge over the next decade, turning these browsers into the primary gateway for decentralized internet operations.

Donut also plans to add features for payments, gaming, digital content, and social interactions, all integrated into its decentralized infrastructure. Additionally, it will leverage new digital identity and confidential computing technologies to turn its browser into a personal financial assistant for retail users

The post Donut Browser: An AI-Powered Browser for Blockchain Transactions appeared first on The Cryptocurrency Post.

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ElizaOS Exposed: Researchers Discover How to Manipulate Its Memory and Alter Its Operations

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TL;DR

  • Princeton researchers discovered how to manipulate the memory of AI agents like ElizaOS to alter their financial decisions.
  • The memory injection attack allows fake memories to be inserted into AI systems, causing harmful transactions.
  • CrAIBench, the tool created by Princeton, measures AI agents’ resistance to contextual manipulations and social attacks.

A group of researchers from Princeton University, in collaboration with the Sentient Foundation, identified a critical vulnerability in artificial intelligence agents operating on blockchains. The study focused on ElizaOS, a popular open-source framework used to automate financial operations on decentralized networks, and revealed a method for manipulating its memory.

How AI Agents Are Manipulated

The attack, known as memory injection, allows false data to be inserted into an AI agent’s persistent memory. This information is stored and influences the system’s future decisions without triggering any alert. While it does not directly compromise the blockchains, it causes harmful transactions driven by data that was externally manipulated. The researchers successfully demonstrated the effectiveness of this technique by using social platforms to generate fake memories within ElizaOS.

The agents most affected are those that adjust their activity based on social perception. In these cases, attackers create fake profiles and post coordinated messages that artificially alter the sentiment around a token. This causes the AI to purchase overvalued assets, only to get trapped in a price drop planned by the attackers themselves. This type of maneuver, known as a Sybil attack, becomes more effective when combined with memory manipulation.

ElizaOS post

ElizaOS Works with Researchers to Find a Solution

The Princeton team thoroughly examined all the functionalities of ElizaOS to design realistic and complete attacks, which revealed the broad range of available vectors when an AI has multiple plugins and access to financial operations. From these trials, the researchers developed CrAIBench, a testing system that measures the resistance of different AI agents to contextual manipulations.

The results have already been shared with Eliza Labs, the company responsible for the framework. Discussions about possible solutions are ongoing. The study concludes that protecting these systems requires improvements in both memory management and language model capabilities. So they can better distinguish between legitimate data and malicious instructions.

The post ElizaOS Exposed: Researchers Discover How to Manipulate Its Memory and Alter Its Operations appeared first on The Cryptocurrency Post.

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