Merit Systems Founder Sam Ragsdale outlines a shift toward permissionless protocols that allow AI agents to conduct autonomous financial transactions. Merit Systems CEO Sam Ragsdale identifies a transition toward Open Agentic Commerce, a model utilizing protocols like x402 and mpp to enable artificial intelligence (AI) agents to perform autonomous purchases. This transition follows the decline …
Continue reading “AI Startup CEO Predicts Open Agentic Commerce Will End Online Ads”
Hong Kong’s Boyaa Interactive International seeks shareholder approval to invest up to $70 million in cryptocurrencies to bolster its Web3 gaming ecosystem. Boyaa Interactive International Limited announced on March 22, 2026, its proposal for a 12-month acquisition mandate to purchase cryptocurrencies. The board plans to seek formal approval from shareholders at the upcoming annual general …
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The figures come from data collected by The Alliance for Secure AI, a nonprofit organization that educates the public on the implications of AI. Brendan Steinhauser, CEO of the alliance, has called on politicians to step in and take action against this replacement strategy. Over 90K Jobs Have Been Replaced by AI As artificial intelligence …
Continue reading “Layoffs Linked to AI Exceed 90,000 Since 2025”
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes moves to accelerate its expansion into Brazil, the Brazilian government is reportedly backpedaling on its crypto taxation plans, and Argentina bans access to Polymarket. Ripple Expands Aggressively in Brazil, Targets Institutional …
The U.S. Department of Justice (DOJ) will return approximately $470,735 to two victims of a cryptocurrency investment scam after federal authorities successfully traced and seized stolen digital assets. According to the U.S. Attorney’s Office for the District of Maine, the victims lost more than $800,000 in 2022 after transferring funds to cryptocurrency wallets controlled by …
The U.S. Department of the Treasury is sanctioning a North Korean criminal organization for allegedly stealing hundreds of millions of dollars from businesses in data extortion schemes. The Treasury Department’s Office of Foreign Assets Control (OFAC) says it’s sanctioning six individuals and two firms for aiding North Korea (DPRK) defraud businesses out of $800,000,000 in …
Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times. The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put …
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Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the Middle East, Asia and Africa. Search interest in decentralized social media has grown 145% over the last five years, according to Exploding Topics, while decentralized peer-to-peer messaging service Bitchat saw a …
Continue reading “Global turmoil pushes uptake of decentralized messengers, social media”
Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding. Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on …
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Meta CEO and co-founder Mark Zuckerberg is reportedly building an AI agent to help handle his work in managing the company amid a company-wide push for employees to adopt agentic tech. According to a report from The Wall Street Journal on Sunday, citing sources close to the matter, Zuckerberg’s AI agent is still in development …
Continue reading “Mark Zuckerberg is conjuring a CEO AI agent to help him run Meta”
Crypto and the wider markets tumbled on Monday as the US and Iran escalated threats toward one another for the fourth week, sending oil prices seesawing. US President Donald Trump posted to Truth Social on Sunday that the US would “hit and obliterate” Iranian power plants, “starting with the biggest one first,” if the country …
Continue reading “Crypto, stocks fall as oil chops after Iran vows response to Trump threat”
OpenAI disclosed this week that it has agreed to acquire Astral, the startup behind widely used open-source Python tools, in a bid to push its Codex system deeper into full-scale, agent-driven software development. Astral Acquisition Aims to Position OpenAI Codex as an End-to-End AI Coding Platform The deal, which has not yet closed, remains subject …
Continue reading “AI Coding Race Intensifies as OpenAI Moves to Acquire Astral Startup”
Eighteen crypto assets spotlight a broader regulatory shift as U.S. agencies clarify digital commodities as an open category, reshaping how blockchain-based tokens are classified and valued beyond a fixed list. 18 Crypto Assets Labeled Digital Commodities as Regulatory Shift Hits Markets Crypto assets classified as non-securities form a broader category rather than a fixed list …
A cluster of newly created wallets is placing coordinated bets on an early U.S.-Iran ceasefire, igniting fresh debate over whether these prediction markets are reflecting insight or something more calculated. Middle East War Gets Interesting as Linked Wallets Chase Early Ceasefire Payout The activity comes as tensions between the United States and Iran remain elevated …
Continue reading “Polymarket Sees Coordinated Buying on Early US-Iran Ceasefire Contracts”
A report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan adoption and trust grow. The document advises holding “moderately ample” levels of foreign reserves, with dollar bonds being their largest component. Report: China Should Reduce Forex Reserves As Yuan Matures China’s level of …
Continue reading “Report Recommends China to Shed US Treasuries as Yuan Internationalization Grows”
