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Blockchain

Not every AI agent needs its own cryptocurrency: CZ


Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link