The post Ethereum Deploys AI Security Agents to Hunt Bugs, Discovers Critical Networking Flaw appeared on BitcoinEthereumNews.com.
Ethereum Foundation used coordinated AI agents to identify a real protocol vulnerability. Validating AI-generated bug reports now takes more effort than finding vulnerabilities. The Foundation runs multiple AI agents with specialized roles, as per a July 9 blog post. The Ethereum Foundation has revealed that its Protocol Security team is using coordinated AI agents to audit Ethereum’s core infrastructure, finding real software vulnerabilities while adding that human verification remains the most important part of the process. In a technical blog published on July 9, the Foundation said the AI agents are being deployed against systems software, cryptographic libraries and smart contracts that support Ethereum’s protocol. One confirmed discovery was a remotely triggerable panic in libp2p’s Gossipsub networking component, which is used by Ethereum consensus cl
The post Crypto giants back Internet Court launch as dispute resolution venue for AI agents appeared on BitcoinEthereumNews.com.
GenLayer Foundation and a cohort of crypto firms, including MetaMask, OKX, Matter Labs’ ZKsync and 0G Labs have backed the launch of Internet Court, an open standard that handles escrow funds and settles contract disputes for AI agents. What is Internet Court for AI agents? According to GenLayer, Internet Court is a standard to connect agentic protocols into one lifecycle: discovery and reputation, negotiation, contracts, payment and escrow, execution, and lastly verification and disputes. To date, the agentic commerce development has occurred across multiple layers and different protocols. Coinbase’s x402 settles payments, A2A takes care of agent-to-agent negotiation, and the ERC-8004 standard handles agent identity. What GenLayer is pitching Internet Court as is the venue to resolve the unavoidable situation where two agents read the same contract different
The post Why former Bank of America strategist sees an Ethereum ‘tactical bottom’ appeared on BitcoinEthereumNews.com.
Stephen Suttmeier, former Head of Technical Strategy at Bank of America, believes Ethereum could be forming a “tactical bottom.” In his recent analysis report, Suttmeier said that if the price stays above $1690-$1700, it would support his thesis of the altcoin forming a tactical low above its June lows. Another confirmation for this bottoming pattern would be a reclaim of $1800. His projection was based on technical analysis, particularly using moving averages (MA) to gauge short- and long-term momentum shifts. As of press time, the Ethereum [ETH] price has briefly stalled below the 50-day MA (DMA). Should the 50DMA be decisively reclaimed as support (ETH price above $1800), the next upside target would be the 200-day MA(blue line) at $2.2K, Suttmeier added. That would imply a 25% upside potential if the $2.1K obstacle is cleared. Source: ETH/USDT, TradingView In fa
The post Specter Flags CodexField as a Potential $85M Rug Pull appeared on BitcoinEthereumNews.com.
On-chain investigator Specter flagged CodexField as a potential rug pull tied to $85M in activity. Specter traced $17.3M moving from TRON to Ethereum, with $10.8M still linked to tracked wallets. BNB Chain previously promoted CodexField after its 2023 Hackvolution hackathon win. On-chain sleuth Specter has flagged CodexField as a potential rug pull after tracing more than $85 million in project-linked activity across blockchains. The alert followed the movement of $17.3 million in USDT from TRON toward Ethereum before conversion into DAI through Bitget Swap on Polygon. Specter said $6.5 million had already moved, while another $10.8 million remained linked to the tracked wallets. Cross-Chain Transfers Put Project Wallets Under Scrutiny According to the investigation, the funds originated from Ethereum about six months earlier via a wallet linked to the project’s deposit contract. The a
The post Ripple Cuts RLUSD Ethereum Supply to $692 Million appeared on BitcoinEthereumNews.com.
According to recent data from Ripple Stablecoin Tracker, Ripple USD (RLUSD) supply on the Ethereum network has shrunk to about $692 million as Ripple continues to adjust the stablecoin’s circulating supply through token burns. At the start of July, RLUSD supply on Ethereum was above $727 million; now this figure has decreased, with millions in Ripple USD burned on the Ethereum network in the last seven days. $115.4 million was burned on the Ethereum blockchain in the last seven days as seen on the Ripple Stablecoin Tracker website, while $49.3 million was minted in the same timeframe. On July 29 alone, $25.9 million was burned on the Ethereum blockchain while $6.2 million in RLUSD was minted. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy The last 30 days saw significa
The post OKX, MetaMask Back AI Agent Internet Court. appeared on BitcoinEthereumNews.com.
Internet Court creates a decentralized framework for resolving disputes between AI agents. 27 Web3 firms support machine-speed payments, escrow, and AI transaction settlement. Protocol aims to improve trust and interoperability across future AI commerce systems. OKX, MetaMask, Matter Labs, and 24 other Web3 firms have backed the Internet Court, a decentralized dispute resolution system designed for AI agent transactions. The initiative aims to create a shared framework for machine-speed payments, escrow, and conflict resolution as autonomous commerce expands. Internet Court Targets AI Agent Transaction Challenges The GenLayer Foundation is leading the Internet Court initiative, which brings together 27 companies across blockchain, artificial intelligence, and digital payment sectors. The project focuses on solving disputes between AI agents that can negotiate agreements, transfer funds, and compl
The post Founders Debate Ethereum L2 Value After Robinhood Chain Launch appeared on BitcoinEthereumNews.com.
Ethereum L2 debate returns as Robinhood launches an ETH-denominated Layer-2 network. Founders debate whether Layer-2s strengthen Ethereum or shift activity from its base layer. Leighton Cusack said Ethereum’s value comes from ETH adoption, liquidity, and asset issuance. The role of Ethereum in the Layer-2 ecosystem is back in focus after the launch of Robinhood’s Ethereum-denominated Layer-2 network. World Network co-founder Leighton Cusack argued that recent bullish developments are being framed as negatives because of weak market sentiment. Cusack said Ethereum has been “so abused for the last two years” that even positive news, like Robinhood launching an ETH-denominated L2, is being portrayed negatively. “Narratives follow price,” he added. L2s and Ethereum’s Value Capture In response, Multicoin Capital managing partner Kyle Samani repeated his long-held view that Layer-2
The post Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime appeared on BitcoinEthereumNews.com.
In a significant financial maneuver, BlackRock has moved 8,700 Ethereum (ETH) valued at approximately $15.81 million to Coinbase Prime, a well-regarded platform for institutional trading, custody, and execution services. This movement aligns with a surge in outflows from BlackRock’s spot Ethereum ETF, signaling ongoing market volatility and tepid investor sentiment towards Ethereum-based investment platforms. Continue Reading:Ethereum Outflows Prompt $15.81 Million BlackRock Transfer to Coinbase Prime Source: https://en.bitcoinhaber.net/ethereum-outflows-prompt-15-81-million-blackrock-transfer-to-coinbase-prime
The concentration of Ethereum nodes in the US and reliance on few cloud providers pose risks to network security and could impact price stability.
The post Cambridge research reveals 31% of Ethereum node activity concentrated in the US appeared first on Crypto Briefing.
