Crypto Vesting

Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.

Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages, remunerations and labor benefits.

Filed on March 12, the bill PL 957/2025 legalizes voluntary and partial salary payments in cryptocurrencies like Bitcoin (BTC) while also requiring employers to proceed with a part of the pay in the national currency, the Brazilian real.

Preview of the draft bill PL 957/2025 by Luiz Philippe de Orleans e Bragança. Source: Camara.leg.br

Orleans-Braganza, a descendant of Brazil’s former royal family, is serving his second term as a federal deputy for São Paulo and supports Truth Social, the social media platform owned by US President Donald Trump.

Bitcoin may only

Read More at https://cointelegraph.com/news/brazil-bill-bitcoin-salary-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange.

30-day market cap chart of AI agent tokens. Source: CoinMarketCap

Zhao wrote in a March 17 X post:

“While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing

Read More at https://cointelegraph.com/news/ai-agent-tokens-lose-21percent-zhao-urges-utility-focus?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742248965663&utm_campaign=rss_partner_inbound

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange.

30-day market cap chart of AI agent tokens. Source: CoinMarketCap

Zhao wrote in a March 17 X post:

“While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing

Read More at https://cointelegraph.com/news/ai-agent-tokens-lose-21percent-zhao-urges-utility-focus?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange.

30-day market cap chart of AI agent tokens. Source: CoinMarketCap

Zhao wrote in a March 17 X post:

“While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing

Read More at https://cointelegraph.com/news/ai-agent-tokens-lose-21percent-zhao-urges-utility-focus?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742223653011&utm_campaign=rss_partner_inbound

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange.

30-day market cap chart of AI agent tokens. Source: CoinMarketCap

Zhao wrote in a March 17 X post:

“While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing

Read More at https://cointelegraph.com/news/ai-agent-tokens-lose-21percent-zhao-urges-utility-focus?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.

AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data.

While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange.

30-day market cap chart of AI agent tokens. Source: CoinMarketCap

Zhao wrote in a March 17 X post:

“While crypto is the currency for AI, not every agent needs its own token. Agents can take fees in an existing crypto for providing

Read More at https://cointelegraph.com/news/ai-agent-tokens-lose-21percent-zhao-urges-utility-focus?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742205681645&utm_campaign=rss_partner_inbound

Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses.

In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed.

On Feb. 28, over 8.6 million WEMIX tokens were withdrawn due to an attack on the platform’s Play Bridge Vault, which transfers WEMIX to other blockchain networks. The company only made an official announcement four days after the attack. 

According to Kim, the announcement was delayed due to the possibility of further attacks and to avoid causing panic in the market because of the stolen assets. 

Related: Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

Wemix CEO outlines risks of premature announcement

Wemix said the hacker broke into their system by stealing

Read More at https://cointelegraph.com/news/wemix-ceo-denies-hack-coverup-wemix-token-falls-39-percent?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742248965663&utm_campaign=rss_partner_inbound

Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses.

In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed.

On Feb. 28, over 8.6 million WEMIX tokens were withdrawn due to an attack on the platform’s Play Bridge Vault, which transfers WEMIX to other blockchain networks. The company only made an official announcement four days after the attack. 

According to Kim, the announcement was delayed due to the possibility of further attacks and to avoid causing panic in the market because of the stolen assets. 

Related: Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

Wemix CEO outlines risks of premature announcement

Wemix said the hacker broke into their system by stealing

Read More at https://cointelegraph.com/news/wemix-ceo-denies-hack-coverup-wemix-token-falls-39-percent?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742245286491&utm_campaign=rss_partner_inbound

Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses.

In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed.

On Feb. 28, over 8.6 million WEMIX tokens were withdrawn due to an attack on the platform’s Play Bridge Vault, which transfers WEMIX to other blockchain networks. The company only made an official announcement four days after the attack. 

According to Kim, the announcement was delayed due to the possibility of further attacks and to avoid causing panic in the market because of the stolen assets. 

Related: Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

Wemix CEO outlines risks of premature announcement

Wemix said the hacker broke into their system by stealing

Read More at https://cointelegraph.com/news/wemix-ceo-denies-hack-coverup-wemix-token-falls-39-percent?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742223653011&utm_campaign=rss_partner_inbound

Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses.

In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed.

On Feb. 28, over 8.6 million WEMIX tokens were withdrawn due to an attack on the platform’s Play Bridge Vault, which transfers WEMIX to other blockchain networks. The company only made an official announcement four days after the attack. 

According to Kim, the announcement was delayed due to the possibility of further attacks and to avoid causing panic in the market because of the stolen assets. 

Related: Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

Wemix CEO outlines risks of premature announcement

Wemix said the hacker broke into their system by stealing

Read More at https://cointelegraph.com/news/wemix-ceo-denies-hack-coverup-wemix-token-falls-39-percent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound