News

On August 29, it was reported that software development company Eliza Labs has filed a lawsuit against Elon Musk's X Corp, accusing it of obtaining the company's key technological information before suspending Eliza's account and launching an imitation AI product. Eliza and its founder and plaintiff, Shaw Walters, stated that X induced them to share technical details about AI agents operating on social platforms and forced developers to pay high enterprise licensing fees to continue operations. According to the lawsuit, X abused its dominant position in social media to suppress competitors, violating antitrust laws. Eliza emphasized that its removal from the platform was not a publishing decision, but rather a "carefully orchestrated and deceitful" act that damaged the company's relationships with clients and limited its development. The case is currently being heard in federal court in San Francisco, and representatives for both X and Eliza have not yet responded to requests for comment.

According to Jinse Finance, Onchain Lens monitoring shows that a wallet established just one week ago received 329,444 ETH, worth $1.48 billion, from a certain exchange's hot wallet. The ownership of this wallet has not yet been confirmed and it may belong to the exchange itself.