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Informed Crypto News While many crypto influencers are busy celebrating the dawn of AI-led digital assets and AI-managed hedge funds, their more observant counterparts have noticed that many of the most mundane tasks earmarked to be carried out by AI bots actually require human intervention. Indeed, on Monday, crypto’s pre-eminent AI ‘bot’ — which received unbridled praise from supposed luminaries like Arthur Hayes after it led the memecoin GOAT to an $800 million market capitalization — couldn’t even launch a website. According to Andy Ayrey, the crypto-trading AI bot he coded, Terminal of Truths, created a website and co-registered a domain name for memecoin Goatseus Maximus (GOAT). However, the bot didn’t do any of this. When I read about the AI that launched its own memecoin and religion I immediacy aped in. $GOAT pic.twitter.com/UlduBlzxU2 — Arthur Hayes (@CryptoHayes) October 17, 2024 Arthur Hayes says an AI launched a memecoin…...

Uniswap and its foundation have no association with the scam as efforts are being made to combat it. Hayden Adams, the creator of the Uniswap protocol, recently expressed his surprise on Twitter regarding a scam where individuals created a fake Uniswap website . In a tweet, Adams showed his astonishment at the elaborate nature of the scam, emphasizing that it required a significant amount of effort. He further disclosed that the scammers had gone to the extent of incorporating Chinese community content into their scheme and even included links directing users to the legitimate Uniswap app on their deceptive website . To add an extra layer of credibility to their scheme, the scammers went to great lengths by organizing an hour-long Zoom recording that showcased individuals pretending to be high-ranking executives from Uniswap. This orchestrated video presentation aimed to deceive viewers into believing the authenticity of the scam. Hayden Adams, upon viewing the video, expressed his b...