Major Updates in Crypto and AI Ventures
1. THORChain Faces Crisis: The native token RUNE plummeted over 30% due to a halt in THORFi lending, with the project facing possible restructuring to avoid bankruptcy.
2. Phemex Exchange Hacked: The recent hack has resulted in over $70 million in losses, attributed to suspected North Korean attackers. Phemex suspended withdrawals to safeguard user assets.
3. Kaito Launches AI-Driven Twitter Insights:
Kaito.ai, having raised $10M+, offers analytics dashboards to track crypto narratives on Twitter, with features like sentiment analysis and market alerts.
4. Binance Labs Rebranded: Binance Labs is now known as Yzi Labs, shifting focus to blockchain, AI, and biotechnology investments in 2025.
5. OpenAI Releases ‘Operator’: The new AI agent can perform web tasks on behalf of users, from filling forms to making bookings, making routine tasks easier.
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