ELIZAOS

ElizaOS

2026-08-16 03:39:02

Shaw accuses baoskee of insider trading during ai16z rebrand and migration

ElizaOS founder Shaw has accused daos.fun founder baoskee of trading on non-public information during the ai16z project’s rebranding and migration process, alleging that baoskee made about $6.6 million by selling ai16z. According to Shaw, the project team had promised in June 2025 to launch a Snapshot vote so the community could decide whether to change the name, after a16z had asked the project to adopt a different name to avoid trademark disputes. Shaw said the voting mechanism was not launched as promised, and claimed baoskee sold all ai16z held in the daos.fun execution wallet after learning about the naming pressure and migration plans, then continued selling before the move to elizaOS, pushing the token price lower. baoskee rejected the allegations, saying the Snapshot vote had in fact gone live and that daos.fun had added and locked more than $1 million in ai16z liquidity at its own expense. He also accused Shaw of serious problems in project operations, token migration, and the use of development funds. Shaw said he would attach relevant Solscan on-chain records at the end of his post.

1260

ai16z

2026-08-06 14:03:22

ai16z Declared "Completely Dead" as ElizaOS Founder Says Foundation Is Winding Down

ElizaOS founder Shaw said the $ai16z token is "completely dead" and that the related foundation is gradually winding down operations, according to Foresight. The source article frames ai16z as one of the earliest high-profile crypto AI projects, arguing that it stood out not as a meme-driven asset but as a more technical and idea-heavy ecosystem token. It notes that the project’s founder had proposed, around October and November 2024, a base framework designed to serve the AI ecosystem — an idea the article describes as forward-looking, even if the label "operating system" was awkward. The piece also points out that Anthropic’s MCP framework was introduced in late November 2024, placing it later on the timeline. In the author’s view, ai16z eventually declined for commercial reasons rather than technical ones: it failed to establish a business model that could generate profit and cash flow, and it did not build a stronger team capable of pushing the project forward. The article contrasts that path with Virtual, which it says focused on business model, revenue, and cash flow from the start. The conclusion presented in the source is that long-term project value still comes back to commercial fundamentals.

1860

Anthropic

2026-08-06 02:32:26

Anthropic confirms in-house chip team as DeepSeek revives fundraising and Circle posts Q2 growth

Anthropic said it is building an internal silicon team to design custom AI chips for Claude as demand for the model rises, according to Business Insider. The company said it wants tighter hardware-model co-design so Claude can run faster and more efficiently at the scale customers need, while still relying on a multi-chip setup built around infrastructure from Amazon Web Services, Google, Nvidia, and AMD. Earlier reports had said Anthropic was also exploring its own chip efforts and had discussed potential manufacturing cooperation with Samsung Electronics. The broader crypto and AI news cycle also included several other developments. Eliza Labs founder Shaw Walters said the ai16z/ElizaOS token is effectively dead and that the related foundation will shut down after settling a class action brought by holders through Burwick Law. DeepSeek, meanwhile, has reportedly restarted its second fundraising round, seeking 50 billion yuan at a pre-money valuation of about 500 billion yuan, with signing planned for late August. On the market side, Arthur Hayes accumulated 11.74 million ENA over four days, while a wallet tied to Strategy moved another 1,030 BTC. Circle reported $701 million in Q2 revenue and reserve income, with USDC circulation up 19% year over year to $73.3 billion.

2000

Eliza Labs

2026-08-05 15:24:38

Eliza founder says token is finished and foundation will shut down after lawsuit settlement

Eliza Labs founder Shaw Walters said the project’s native token is over and the Eliza Foundation is winding down after a class-action settlement drained its remaining resources. In a post on X on Tuesday, Walters said the case was settled with a group of token holders represented by Burwick Law because the project did not have enough money to keep fighting in court. He said the foundation’s remaining treasury and available cash were consumed by the settlement. Walters’ statement follows the rapid rise and decline of ai16z, the Solana-based AI agent project launched in October 2024 and later renamed ElizaOS after Andreessen Horowitz objected to the use of the ai16z name. The token at one point reached about $2.5 billion in market capitalization in January 2025. The lawsuit, filed in April in the U.S. District Court for the Southern District of New York, accused Eliza Labs of false advertising, deceptive business practices, negligent misrepresentation, and unjust enrichment. Walters said he is abandoning tokenization, though he added that development of ElizaOS will continue without a token.

2240

Eliza Labs

2026-08-05 14:40:07

Shaw Walters Says ai16z Is "Dead" After Burwick Law Settlement Drains Remaining Treasury

Eliza Labs founder Shaw Walters said the ai16z token is "dead. Completely." after settling a class action brought by Burwick Law and handing over what he described as the rest of the project treasury and all remaining cash. In a post on X, Walters told holders there is no foundation, no buyback money, and no supply mechanism left to support the token’s price. He also said he no longer owns any ai16z tokens and plans to keep building ElizaOS software while starting over separately with the intellectual property. The lawsuit, filed on April 16, 2026 in the U.S. District Court for the Southern District of New York as Doe v. Walters, was brought on behalf of people who bought ai16z on Solana starting Oct. 24, 2024. Burwick Law said the complaint names nine defendants, including Walters, Eliza Labs, AI16Z DAO, and DAOs.fun, and includes claims tied to deceptive acts, false advertising, negligent misrepresentation, and unjust enrichment. The firm also alleged that "Marc AIndreessen" was only a facade and that a September 2025 token migration expanded supply from 1.1 billion to 11 billion, with 40% of newly created tokens routed to defendant-controlled entities.

3030

ai16z

2026-08-05 05:42:47

Eliza Labs Founder Declares ai16z Token 'Dead' as Foundation Shuts Down

According to a report from ChainCatcher, Shaw Walters, founder of Eliza Labs, has officially declared that the ai16z/ElizaOS token is 'dead' and that the related foundation will be closed. The decision comes after Burwick Law, a law firm representing token holders, filed a class-action lawsuit. Unable to afford the legal expenses, the foundation chose to settle and will distribute the rest of its treasury assets to claimants in full. Walters said he never sold any of his ai16z tokens and never made a profit from the project. He clarified that he only drew a basic wage matching that of an engineer and is currently relying on personal savings. He further stated that he intends to keep developing the underlying Eliza technology, but he explicitly promised that no token will ever be tied to Eliza again. For existing holders, Walters suggested they handle their tokens themselves, as the foundation will not provide repurchase support.

2000

ElizaOS

2026-08-05 05:44:56

ElizaOS founder Shaw says ai16z token is dead as foundation winds down

ElizaOS founder Shaw said on Aug. 5 that the ai16z token is "completely dead" and that the related foundation is being wound down. He said there is no money left for token buybacks and that no new funding or token supply will be used to support the market. Shaw also said he no longer holds any related tokens and will not support the launch of an Eliza token in the future. He added that Burwick had previously sued the project. According to Shaw, the team lacked the funds to mount a legal defense, reached settlements with some holders, and handed over the remaining treasury and funds. Shaw said he never sold ai16z and did not profit from the project beyond a salary comparable to other engineers. Despite the shutdown around the token and foundation, Shaw said the team will keep building Eliza and its underlying operating system. He said the project plans to restart without pressure tied to tokens, launchpads, or community price expectations. Shaw added that Eliza-related intellectual property remains under his control and that future work will focus on localized, privacy-preserving agent technology with crypto support. He also said he still believes in blockchain technology, while taking a pessimistic view of a crypto culture he described as overly centered on speculation, prediction markets, and meme coins.

1930

XDC Network

2026-08-04 23:49:35

XDC Network launches XDC AI framework with gasless USDC settlement

XDC Network rolled out its XDC AI framework on July 29, introducing a setup designed to let AI agents discover, buy, and pay for digital services on their own. According to CryptoBriefing, the framework includes a smart wallet with built-in compliance features, uses gasless USDC settlement, and is built on Coinbase’s x402 payment standard. The network is also working with Bridge, a Stripe company, on regulated stablecoin and fiat transaction infrastructure. XDC Network said this part of the buildout is intended to support programmable financial identity and seamless conversion between payment rails. The roadmap outlined in the report adds more services before year-end. Those planned integrations include research tools and travel booking, while plugin support for the ElizaOS AI agent framework is also in the pipeline. The update puts payments, compliance, and service access into one package aimed at autonomous AI-driven transactions.

1900