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AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT

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Analysts were split over whether today’s AI investments would pay off in the next decade.

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Coin Market

Ross Ulbricht-tied crypto wallets lose $12M in memecoin misstep: Arkham

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Wallets tied to recently freed Silk Road creator Ross Ulbricht listed tokens at the wrong price, which were then snapped up by a bot.

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Pump.fun hit with suit claming all memecoins are securities

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A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500 million.

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Solana ridesharing app Teleport shuts down, cites lack of market readiness

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Solana-based ridesharing app Teleport shut down just eight months after it publicly launched its app, citing a lack of market readiness for decentralized ridesharing.

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