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BNB Chain Adopts ERC-8004 Identity Standard for Autonomous AI Agents

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TLDR:

  • ERC-8004 provides autonomous agents with persistent onchain identity that survives across sessions. 
  • The standard enables agents to build verifiable reputation instead of resetting in each platform. 
  • BNB Chain’s low fees and fast transactions make frequent identity verification economically viable. 
  • Verifiable agent identity allows software to collaborate and transact with reduced human oversight.

 

ERC-8004 has been implemented on BNB Chain to provide autonomous agents with verifiable onchain identity. The standard addresses a growing need as AI-powered software moves beyond responding to commands and begins taking independent action.

Traditional login-based systems fail when agents operate across multiple platforms. This new identity framework allows software agents to carry reputation and history across different environments, enabling more reliable autonomous operations.

Building Identity Infrastructure for Agent-Driven Systems

The shift from platform-locked applications to autonomous software requires new identity mechanisms. Current AI tools typically reset between sessions, leaving no verifiable record of past performance. This limitation prevents agents from building trust or operating independently in open systems.

ERC-8004 creates a persistent onchain identity for software agents. The standard functions similarly to a passport, allowing agents to prove their identity across different platforms.

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Unlike traditional account-based systems, this approach enables agents to maintain their operational history as they move between applications and services.

BNB Chain highlighted the development in a recent post, noting that agents need to prove who they are and carry their history rather than starting from zero in every application.

The announcement emphasized that while the design shift appears small, its practical applications are substantial. Agents can now operate more reliably across systems instead of being confined to single platforms.

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The identity standard addresses three core requirements for autonomous operations. Agents gain persistent identity that survives between sessions.

They also receive verifiable records of past behavior and performance. Additionally, other agents and services can evaluate trustworthiness before deciding whether to interact.

Practical Implementation on Low-Cost Infrastructure

BNB Chain’s infrastructure makes frequent identity verification economically viable for autonomous agents. The network provides low transaction fees that support small, frequent interactions typical of machine-to-machine operations. Fast settlement times match the speed requirements of automated agent activity.

The combination of affordability and speed proves essential for practical deployment. High costs or slow confirmation times would render frequent identity updates impractical. BNB Chain’s architecture supports the volume and velocity needed for active agent economies.

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Verifiable identity enables several downstream improvements for users. AI tools become more reliable when their historical performance can be checked onchain.

Services face increased competition as agents select partners based on verified reputation rather than brand recognition.

Users also gain greater control since agents can operate across platforms without being locked to a single provider.

The standard represents foundational infrastructure rather than a complete solution. Once agents establish verifiable identity, additional capabilities become possible.

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Automated payments between agents, machine-verifiable work completion, and reputation-based selection all build on this identity layer.

The framework provides a base for an open agent economy where software can collaborate and transact with reduced human oversight.

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Solana (SOL) DeFi platform Drift investigates suspicious activity, tells users to halt deposits

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Solana (SOL) DeFi platform Drift investigates suspicious activity, tells users to halt deposits

Solana-based decentralized finance (DeFi) platform Drift said it is investigating “unusual activity” on its protocol, prompting concerns that the platform may have been exploited.

“We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while we investigate,” Drift wrote in a post on X. “This is not an April Fools joke. Proceed with caution until further notice. We’ll provide additional updates from this account.”

The warning triggered speculation across the crypto community, with some users reporting irregular behavior tied to their positions.

Helius CEO Mert Mumtaz added to the concern in a separate X post, writing, “not 100% fully certain yet, but it seems drift might be getting exploited.” Helius is a key infrastructure provider on Solana, offering APIs and node services that developers and platforms rely on to access blockchain data.

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If confirmed, an exploit could affect user funds and add pressure on Solana’s DeFi ecosystem, which has seen renewed growth in recent months.

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Bitcoin Treasury Sell-Off Could Signal Deeper Capitulation Coming: Analyst

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The value of the Bitcoin treasury company’s holdings peaked at over $711 million in October 2025, when BTC hit an all-time high of about $126,000.

Bitcoin (BTC) treasury company Nakamoto (NAKA) selling its BTC at a loss could signal capitulation of more crypto treasury companies and the start of a “contagion” that could spark a wave of forced selling, according to market analyst Nic Puckrin.

“Cracks are beginning to show in the digital asset treasury (DAT) market,” Puckrin said, adding that the war in the Middle East will likely place further pressure on Bitcoin’s price and treasury companies in a reinforcing cycle. He said:

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“Price is likely to remain below $70,000 for some time and could fall further to a range around $55,700-$58,200 in the coming weeks. This ongoing weakness would put further pressure on DATs, which could in turn exacerbate the sell-off.”

Nakamoto sold 284 BTC in March for $20 million, implying a price of about $70,000 per coin; the company also reduced its stake in the publicly traded Bitcoin treasury company Metaplanet, selling shares at a loss. 

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Nakamoto’s BTC holdings over time. Source: BitcoinTreasuries

At the end of 2025, the company valued its 5,342 BTC treasury at $467.5 million and recorded a $166.1 million loss on the fair value of its digital asset holdings in the fourth quarter, according to the company’s 10-K filing with the Securities and Exchange Commission (SEC). 

The crypto treasury sector saw a collapse in net asset value premiums during Q3 2025, and stock prices declined even before the crypto market crash in October 2025, which sparked a prolonged bear market and a decline in digital asset prices.

Related: Bitcoin miners offload 15K BTC since October, with more sales expected

MARA also sells BTC in March as market rout continues

Bitcoin mining company MARA also sold 15,133 Bitcoin in March, valued at over $1 billion, to repurchase and retire about $1 billion in convertible debt.

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MARA discloses March BTC sale in SEC filing. Source: MARA

MARA’s vice president for investor relations, Robert Samuels, said the sale does not signal a core shift in the company’s BTC treasury strategy, but is a short-term tactical move. 

“We may buy or sell from time to time, subject to market conditions and our capital allocation priorities. It does not mean we intend to liquidate the majority of our reserves,” Samuels said.

Magazine: Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder