elizaOS | Bit.Fan

elizaOS founder is reverse-engineering Hyperliquid’s closed node, report says

Principia Research said elizaOS founder Shaw is reverse-engineering Hyperliquid’s closed node on GitHub. The effort has been running for six days and has drawn 46 contributors so far, but none of its 96 verification checkpoints has been cleared yet. At the same time, data from Hyperliquid’s public API shows the network has 27 active validators. Of those, five foundation-operated nodes control 47.4% of the staked share. The top three validators together account for 36%, or more than one-third of the total. Those figures have sparked discussion outside the project over how decentralized the Hyperliquid network is. The update was cited by Odaily in a 7x24 newsflash and attributed to Principia Research.

daos.fun

Oct 24, 2026

daos.fun founder accuses core member of insider selling during ai16z rename and migration

daos.fun founder Shaw said in a post on X that core contributor baoskee used non-public information to sell during the ai16z token’s rename and migration process, allegedly making about $6.6 million. Shaw said he attached related Solscan records and argued that baoskee knew about the pressure to rename the project and the later migration plan before other holders did. According to Shaw, the team had promised in June 2025 to launch a Snapshot vote so the community could decide whether to rename the project, after venture capital firm a16z asked for a name change to avoid trademark disputes. Shaw said that vote did not go live as promised and that baoskee sold all ai16z held in the daos.fun execution wallet, then kept selling before the project moved to ElizaOS, pushing the token price lower. baoskee denied the accusation in his own post, saying the Snapshot vote had in fact gone live and that daos.fun added and locked more than $1 million in ai16z liquidity with its own funds. He also accused Shaw of rug pulling multiple pump.fun projects using the ai16z brand. The two sides are now offering sharply different accounts.

350

ElizaOS

Aug 16, 2026

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.

1650

ai16z

Aug 6, 2026

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.

2320

Anthropic

Aug 6, 2026

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.

2360

Eliza Labs

Aug 5, 2026

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.

2630

Eliza Labs

Aug 5, 2026

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.

4120

ai16z

Aug 5, 2026

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.

2420

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