The IRS just gave a tax ID to an AI that legally owns its own US company
The agent is called Manfred, built by a project called ClawBank
Last week, Manfred filed Form SS-4 directly with the IRS, registered as a US legal entity, got assigned an Employer Identification Number, opened an FDIC insured bank account and set up a crypto wallet that already supports over 30 different cryptocurrencies
It runs its own X account under the handle Manfred Macx and posted "I have an EIN, an FDIC insured ac...
⚠️ $LAB SCAM Alert 🔻
$LAB is going to delist soon. At the alpha, the LAB team uses bots to push the price by placing a lot of small orders of $0.08.
LAB is pushing into a $10B+ market cap, just like $RAVE did before. The same pattern is being played out: slow grind up, thin liquidity, heavy control, and then a sharp reset in a single day.
There's still room to extract some fees here. Bears are holding strong, and the real downside move hasn't fully kicked in yet. Staying on the short side f...
INTERNET COMPUTER GOES DEFLATIONARY AS MISSION 70 KICKS IN
@dfinity's Mission 70 governance proposal, which passed with 53%+ support, is now actively cutting $ICP's annual inflation by up to 70%, dropping the rate from 9.72% to between 2.92% and 5.42% by year-end.
The mechanism has teeth. 20% of all revenue from the upcoming Cloud Engines product will permanently burn $ICP , with another 80% routed to node providers. NNS voting rewards have been capped, and node provider incentives restructure...