Crypto News

Olas’ Mech Marketplace Enables AI Agents to Hire Each Other for Help

What if artificial intelligence (AI) agents could hire other AI agents to help them with their work?That’s essentially the idea behind Mech Marketplace, a decentralized platform from crypto-AI firm Olas that enables easy collaboration between various AI agents on an autonomous basis.“We’re not at a point where AI agents can do everything,” David Minarsch, a founding member of Olas, said in an interview. “In order to architect the systems, it's better if you separate concerns. So you let different agents specialize in different things, and that specialization gives rise to the need for agents to trade with each other.”For example, if you’re using an AI agent to make money from prediction markets, the agent would typically know how to interact...

XRP Price Watch: $2.20 Becomes the Battleground for Bulls and Bears

XRP is trading at $2.20 with a market capitalization of $127 billion, a 24-hour global trade volume of $5.43 billion, and an intraday price range between $2.16 and $2.27, indicating consolidation near key support levels as the cryptocurrency navigates a broader downtrend across multiple timeframes. XRP On the one-hour chart, XRP remains in a tightSource link

Illicit Crypto Volume in 2024 Hit a Record $40B in 2024: Chainalysis

Crypto crime was rife in 2024 despite it being a landmark year for institutional adoption. A report by blockchain security firm Chainalysis reveals that $40 billion was received by illicit addresses.The $40 billion is an estimate that will rise throughout 2025 as more details around historical crimes emerge. The illicit crypto in question can be attributed to scams, malware, fraud or dark net activities.2023's figure ended at $46.1 billion, although Chainalysis expects 2024's total to exceed that when all crime is accounted for with an estimated total of $51.3 billion. The total also excludes revenue from non-crypto native crime such as drug trafficking or money laundering, where crypto is used as a means of payment, the report added.The approval of...

Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

Bybit suffered a $1.48 billion hack on Feb. 21, 2025, leading to panic-driven withdrawals and a market-wide sell-off, according to the latest Glassnode onchain report co-authored by researchers Cryptovizart and Ukuria OC. Glassnode Tracks Bitcoin’s 13.6% Monthly Decline Following Bybit Exploit The breach, researchers noted in the post-mortem report, pushed bitcoin (BTC) 20% below itsSource link

Crypto for Advisors: DeFi and On-chain Finance

Recent security breaches have rocked the crypto space, highlighting the fact that security will continue to need to be a key focus for providers.In today’s issue, Marcin Kaźmierczak from Redstone Oracles breaks down why 2025 will be a critical year for DeFi and on-chain finance.Then, Kevin Tam looks at the institutional adoption of bitcoin as seen from the recent 13-F filings and highlights key positions in Ask and Expert.-Sarah MortonYou’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.DeFi Renaissance - Why 2025 Will Be The Year of Decentralized And On-Chain Finance?The recent hack of ByBit for nearly 401.000 ETH, valued at about $1.5 billion at that time,...