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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.

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ElizaOS founder Shaw says ai16z token is dead as foundation winds down
Coldcard
2026-08-04 10:52:57

Coldcard exploit sparks phishing wave as potential losses approach $130 million

Phishing activity aimed at hardware wallet users is picking up after disclosure of the Coldcard firmware flaw, with Trezor, Foundation and security firm Proofpoint all flagging new scams tied to the incident. Trezor said it has already seen more phishing attempts and reminded users that wallet backups should only ever be entered on the device itself, while stressing that its own hardware is not affected. Foundation reported emails impersonating the company and pushing victims to fake websites and malicious downloads, adding that it will never ask for a recovery phrase or tell users to install software to secure a wallet. Proofpoint said attackers are leaning on a “hardware audit” narrative lifted from the Coldcard incident. In the campaign it tracked on Monday, spoofed Coldcard emails directed recipients to a cloned site with a “Start Hardware Audit” button. Clicking it downloaded a GitHub-hosted batch file that installed ScreenConnect, a legitimate remote-access tool that can open the door to data theft, financial theft or follow-on malware, including ransomware. The fake site also featured a live chat operated by a human who guided victims through installation. Galaxy Research said the underlying flaw traces back to a March 2021 firmware build and has already been used in three confirmed theft waves since July 30, with high-confidence losses of 1,596 BTC, or more than $100 million. Including a suspected but unconfirmed fourth wave, total losses could reach $130 million.

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Coldcard exploit sparks phishing wave as potential losses approach $130 million
SolidoMoney
2026-07-28 19:18:11

SolidoMoney exploited, with about 294 million SUPRA stolen

SolidoMoney was hit by an exploit on July 28, with roughly 294 million SUPRA taken, according to a Techub News brief citing PeckShieldAlert. The alert said the attacker had already moved about 220 million SUPRA to a Gate exchange address. Around 90% of the affected funds were said to belong to the foundation. The project team has confirmed the attack but has not released the detailed cause or any compensation plan. Because most of the impacted assets were held by the foundation, direct user losses appear to be relatively limited based on the information available so far. Users connected to the project are being advised to pause interactions until an official security notice is released. No additional details on the exploit path, recovery progress, or remediation steps were disclosed in the source update.

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SolidoMoney exploited, with about 294 million SUPRA stolen
AI fraud
2026-07-21 12:56:09

ABC verification report says Lily Jay foundation used AI-generated charity content

ABC NEWS Verify reported that Australian influencer Lily Jay, who has built an audience of nearly 3 million followers, and the Lily Jay Foundation posted multiple pieces of misleading charity-related content that appear to have been generated or altered with AI. The report focused on a Uganda orphanage video, a claimed humanitarian award, and a Gaza bakery project promoted by the foundation. According to the verification report, the Uganda orphanage clip featured an AI-generated woman, children, and foundation banner. ABC also said local registry checks initially found no registered orphanage under either the foundation’s name or the “Ada Nur” name shown on the website, and that a “Lilly Foundation Limited” registration appeared only after questions were sent, carrying a non-compliant status. The report added that award images published in May carried ChatGPT SynthID watermarking, while the public relations firm behind the release, Real Media Group, described Lily Jay as both a client and a co-founder. ABC also said it could not verify the location or existence of the Gaza bakery project. The foundation’s website at one point stated that it was not a charity, and parts of the site reportedly changed after ABC made inquiries.

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ABC verification report says Lily Jay foundation used AI-generated charity content