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.

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.

Crypto market cap edges up 0.3% to $2.65T on April 22. OPG leads gainers with 115.77% daily rise, RAVE up 43%. KelpDAO bridge attack launders funds to BTC; RHEA Finance loses $400K. Coinbase lists Diem; NY AG sues Coinbase and Gemini.

Concordium says it is accelerating its agentic economy roadmap, centered on a protocol-level identity layer linking verified humans and AI agents. The company also said CCD is being prepared for a Revolut listing across 30+ markets.

Hedera unveiled AI Studio, an open-source toolkit integrating ElizaOS plugin and Agent Kit, at a May 14 event in Toronto. It leverages immutable timestamping and fair-ordering consensus to address AI trustworthiness, enabling developers to build transparent, auditable AI applications on the distributed ledger.

ElizaOS, formerly AI16Z, jumped 170% in 48 hours after rebranding and expanding into a broader AI agent creation and tokenization platform. While momentum remains strong, overbought signals suggest short-term volatility may rise.

ElizaOS, formerly AI16Z, jumped 170% in 48 hours after rebranding and expanding from a single AI agent project into a broader AI agent creation and tokenization platform. Token migration is underway, with supply rising from 6.6 billion to 11 billion, while short-term volatility may follow as profit-taking emerges.

ElizaOS surged 170% within 48 hours after rebranding from AI16Z and expanding into a broader AI agent creation and tokenization platform. While momentum remains strong, overbought technical signals suggest short-term volatility may rise as profit-taking emerges.