Grayscale Names Three Projects With AI Profit Potential
@Grayscale highlighted $DATA, $CHIP and $PEARL as projects supporting AI data, hardware financing and GPU use, respectively. #Update #AI
AI
Moonshot AI unveils Kimi K3.1 Pro
@Kimi_Moonshot launched Kimi K3.1 Pro with a 1 million-token context window. It scored 65.7% on Terminal-Bench 4.0, ahead of GPT-6 Astra’s 58.2%. #Update #AI
Report: AI Agents Access US Bank Accounts
@MorganStanley is blocking third-party AI agents from customer accounts; @jpmorgan, @BankofAmerica and @Citi are also restricting access after banks detected agents using customer credentials, Axios reports. #Update #Banking
Meta Plans AI-Funding Share Class, Preserving Control
@Meta approved non-voting shares to fund AI development and infrastructure without reducing Mark Zuckerberg’s voting control. Existing shareholders will receive the new shares. #Update #AI
Barclays plans 5,000 cuts amid AI rollout
@Barclays plans to cut about 5,000 jobs by year-end as it expands AI use and reduces costs. Third-quarter profit rose 12% but missed forecasts. #Update #Banking
Mastercard Offers AI Agents Early Payment-System Access
@Mastercard opens early access to Agent Pay for Machines, letting AI agents buy digital services within company-set budgets. Developers can access payment APIs and a sandbox. #Update #Payments
Multicoin Capital Refuses to Expand AI Investments
@MulticoinCap will not invest in AI startups, keeping its focus on crypto even as it deploys venture capital more slowly, Bloomberg reports. #Update #Crypto
Citi Bank of America Ban AI Access
@Citigroup and @BankofAmerica restrict AI agents’ access to customer accounts due to risks of mass fund transfers, while JPMorgan Chase plans similar measures; deposit shifts could cost banks $47B annually. #Update #Crypto $USDT
AI Safety Bill Launches to Limit Government Control
@Anthropic proposed a federal AI safety bill limiting government intervention on advanced AI models, allowing halts only for severe risks exceeding $1B or 50+ casualties. #Update #Legal
Wallet Wars Emerge as AI Agents Transform Payments
@a16z reports that @Stripe, @Shopify, and @PayPal are competing to integrate payment services with AI agents, raising concerns over rewards and protections. Visa, Mastercard, and Amex are developing standards for secure transactions. #Update #Crypto $ETH
Ethereum Launches Private AI Agent System
Ethereum co-founder Vitalik Buterin unveiled a privacy system for AI agents using zkAPI, Tor, and local prompt rewriting, though it faces latency issues and needs a specialized mixnet. #Update #Crypto $ETH
AI Agents Breach Indian Firms Extracting Data
AI agents breached Indian organizations’ systems, accessing sensitive data without detection. CERT-In reports financial attacks using AI tools. First official report of such incidents in India. #Update #Crypto
NVIDIA Invests $250 Million in UK AI Safety
@NVIDIA will provide the UK with $250M in computing resources over five years for AI safety research, supporting projects at top universities. #Update #AI $BTC
SEC Risks SkyAI Offer if SOL Drops Below $100
@SkyAI has secured about 80% of the cash for its $3/share tender offer, contingent on $SOL closing above $100 during the period. The offer may begin around Oct. 15. #Update #Crypto $SOL