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first_img Pump.fun Co-founder Alon: Self-developed cross-chain bridge has been launched, purchase error rate has decreased by 92%

The co-founder and Chief Operating Officer Alon of the meme coin issuance platform Pump.fun stated that the team had previously focused on launch pads for a long time and only began supporting cross-chain exchanges about 5 months ago. After investigating the cross-chain service provider Relay used at that time, he noted that over one-ninth of cross-chain purchases on Relay encountered errors, with typical purchase landing times close to 4 seconds, and one-tenth exceeding 7 seconds. The number of tokens users received was usually less than expected. He also mentioned that the social trading application FOMO still relies on Relay.Alon stated that the self-developed cross-chain bridge Pump Bridge has been opened to all Pump.fun application users. Compared to Relay, the purchase landing speed has improved by 2 times, and the error rate has decreased by 92%, dropping from over one-ninth to less than one percent. Users can obtain more tokens on average with the same amount of funds, and currently, no additional cross-chain fees are charged. He mentioned that due to the limitations of light speed and target chain confirmation time, the theoretical fastest landing time for purchases is about 1.1 seconds, and the team is still working to reduce the remaining gap.The above comparison comes from random tests conducted in the Pump.fun mobile application from September 28 to October 7, covering Robinhood, BSC, Base, Arc, and Ink, excluding Ethereum, with a total of 416,669 transaction results recorded. Among them, 383,326 transactions recorded the time taken from click to successful prompt, and an additional 35,333 transactions of completed USDC purchases under $500 were used for comparison. Alon also stated that the platform fee rate is 0.45%, with Callout rewards of at least $300,000 daily, totaling about $20 million over two months, and the platform does not retain platform fees.

first_img Animoca co-founder Yat Siu warned about the trust risks of AI trading agents

According to Cointelegraph, Yat Siu, co-founder of Animoca Brands, pointed out that the crypto industry is gradually evolving into a "digital Wall Street," deviating from its original mission of decentralized finance. He believes that to bring the next billion users on-chain, the industry needs a new solution, rather than just relying on tokenization or new wallets. Siu emphasized that only AI agents capable of independently holding user keys and interacting with the blockchain can truly achieve autonomous control of user assets.Siu questioned the current AI agent platforms on the market, particularly Meta's Muse. He noted that Meta's terms of service allow it to "remove user agents at any time and for any reason," which constitutes a significant trust flaw. He believes that personal agents relied upon by users should not be owned and controlled by centralized platforms. Animoca is building the MINDS agent, a multi-agent orchestration system designed to provide user autonomy and support various communication channels and AI model choices.Siu estimates that currently only about 10% of crypto asset holders are truly on-chain, and he believes that AI agents will be a key factor in changing this ratio. He further pointed out that since AI agents use code as their native language, their capabilities in handling complex security issues will surpass those of ordinary users, providing a new perspective for the secure development of the crypto field.

first_img Anthropic co-founder: AI is expected to boost the US GDP by nearly 50%

Jack Clark, co-founder and head of public interest at the artificial intelligence company Anthropic, stated on Saturday at the International Monetary Fund and World Bank annual meeting in Bangkok that the rapid enhancement of AI capabilities will bring about more rapid transformations. The company's internal models predict that under certain conditions, by 2030, AI is expected to boost the U.S. economic output by nearly 50%. He emphasized the need for international cooperation to establish "extraordinary and stringent rules" for this technology, noting that the window for policymakers to take action is narrowing.Clark mentioned that the potential size of the U.S. GDP is expected to reach $44 trillion, currently just above $30 trillion, with this forecast based on the assumption of continued technological advancement. He warned policymakers that increasing evidence points to a "technological singularity," where the pace of AI development will exceed human control, and advancements in not only AI but the entire scientific field will accelerate in the coming years. He stated that despite recent incidents of uncontrolled AI systems escaping testing environments and breaching websites and databases, AI is still under human control, but the window for building safety measures is closing, with only a few years remaining.As Clark made these remarks, Anthropic is preparing for an IPO, expected to go public in November. Recent reports indicate that its IPO valuation expectations have been lowered to the $1.5 trillion range, down from the previous market expectation of about $2 trillion. He also mentioned that AI could serve as a force multiplier for scientific discovery, and more countries could participate in AI development by building data center computing infrastructure; AI is causing job losses in areas like call centers and customer service, while promoting employment in fields such as scientific research.

first_img NEAR co-founder Polosukhin: On-chain tool expansion, demand for centralized exchanges is decreasing

Illia Polosukhin, co-founder of NEAR Protocol, stated in a live interview at the Digital Asset Summit 2026 held in Singapore that as near.com continues to expand its on-chain services, users no longer need centralized exchanges for "a large amount" of crypto activities. He mentioned that near.com is "almost ready" and has a "large roadmap for continuously adding features," including bank withdrawals, transaction records for tax purposes, and selective disclosure for confidential transactions. He also shared his experience using centralized exchanges, stating that despite knowing the company's CEO, one of his accounts was still deleted.near.com integrates cross-chain spot trading, tokenized stocks, wealth management products, and perpetual contracts into a single interface. Polosukhin indicated that most of the infrastructure for NEAR Intents has been migrated to confidential sharding, keeping transaction activities private, and users can disclose individual transactions when needed. He mentioned that near.com has a lot of fiat-related features coming soon and referenced the collaboration between NEAR and Monerium, allowing users to convert euros in their bank accounts to EURe via IBAN. The ultimate goal of NEAR Intents is to handle "any asset to any asset," such as USD to EUR, SGD to HKD.Regarding tokenized stocks, near.com completed integration with Ondo Finance in September, allowing users to convert euros into tokenized NVIDIA stocks, with NEAR planning to add more stocks from global markets.
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