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The Daily: AI agent ‘accidentally’ sends entire memecoin holdings to reply guy, Based raises $11.5M in Pantera-led round, and more

The Block
An AI trading bot mistakenly sent its entire memecoin stash to a user, while Based raised $11.5M and Bitdeer liquidated its BTC holdings.

Summary

The daily crypto newsletter highlights several key events, including an incident where an AI crypto trading bot created by an OpenAI employee, named "Lobstar Wilde," accidentally sent its entire 5% holding of its own memecoin to an X user who only requested 4 SOL. The recipient quickly sold the tokens for about $40,000, though the value later surged to over $400,000. In funding news, the Hyperliquid-based web3 "SuperApp" Based secured $11.5 million in a Series A round led by Pantera Capital, with plans to expand into AI-driven agentic commerce. Additionally, Bitdeer CEO Jihan Wu confirmed the miner sold its remaining bitcoin treasury, stating the balance "will not always be zero" as the company prepares capital for land acquisitions to expand data center capacity. Other news includes Michael Saylor's bullish stance on Bitcoin and Missouri advancing a bill to establish a state-level Bitcoin Strategic Reserve.

(Source:The Block)