Lookonchain APP

App Store

Opinion: Cryptocurrency Wallets are Undergoing a Renaissance for AI Agents, Enabling AI to Have Its Own On-Chain Wallet

1 hours ago

**May 9th — At Consensus 2026, Trust Wallet CEO Felix Fan and Mesh CTO Arjun Mukherjee noted that AI agents are driving a restructuring of crypto wallet architecture, enabling AI to hold assets, conduct on-chain transactions and establish on-chain identities.** **Trust Wallet has launched its Agent Kit, letting AI agents autonomously execute transactions, transfers and other on-chain operations. The company is also advancing Ethereum Improvement Proposal (EIP) 8004 to provide AI agents with on-chain identity and credit scoring systems. Fan added that on the consumer side, the model still follows the “users hold the keys, incremental authorization” framework — with AI acting mainly as an on-chain operation assistant. For developers, agents get more autonomy to run operations.** **Mesh has rolled out Smart Funding technology, which automatically routes funds across chains, accounts and tokens to cut down Web3 complexity. Its CTO pointed out one core challenge for AI agents: the “cold start” problem — without a wallet and funds, agents can’t take real action, making encrypted wallets the foundational financial layer for AI.** **Both executives believe major AI platforms could launch their own wallets in the future. Fan noted X has publicly promoted X Money, Grok is likely to get a built-in wallet, and AI tools like Claude may run directly on-chain down the line.**
Relevant content

Google Chrome's background automatic download of the local AI model Gemini Nano has sparked concerns in the crypto community about browser security.

On May 9, Chrome will automatically download a several-gigabyte AI model file to users’ devices **without their awareness**—for local anti-fraud, page summarization, and AI functionality support. While Google claims running AI locally boosts privacy and security, many **crypto users** question the lack of transparency and explicit authorization. Analysts note that as browsers increasingly become the **primary gateway** for crypto wallets, on-chain transactions, and DApps, the browser itself has evolved into a critical part of the crypto security ecosystem. Industry insiders warn that while deeper AI integration may improve phishing site detection, it will also expand the browser’s attack surface—including risks like malicious plugins, fake transaction pages, and wallet hijacking. The article notes that going forward, crypto users may need to manage their browser environments **the way they protect hardware wallets**: isolating browser configurations, limiting extension permission

1 seconds ago

Linux Kernel Vulnerability: "Copy Fail" Exploit Allows Privilege Escalation to Root in Just 10 Lines of Code, Poses Potential Risk to the Encryption Industry Infrastructure

**May 9 Update: "Copy Fail" Linux Kernel Vulnerability Raises Crypto Industry Risks** "Copy Fail" — a recently disclosed local privilege escalation vulnerability in the Linux kernel — has affected numerous mainstream Linux distributions since 2017. Researchers note that an attacker with standard user privileges can quickly obtain root superuser access using roughly 10 lines of Python code. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added the flaw to its *Known Exploited Vulnerabilities* list. Given the crypto ecosystem’s heavy reliance on Linux (including exchanges, validation nodes, mining pools, hosted wallets, and cloud-based trading systems), the vulnerability has drawn significant industry attention. Analysis indicates that if exploited to compromise affected servers, attackers could steal private keys, take control of validation nodes, gain administrative access, or launch ransomware attacks. While the flaw does not directly impact blockchain pr

1 seconds ago

Senior Official Warns: "Don't Shut the Door to the Strait of Hormuz with Your Own Hands"

Xinhua News Agency reported on May 9 that Ibrahim Azizi, chairman of Iran’s Islamic Consultative Assembly’s National Security and Foreign Policy Committee, warned in a social media post the same day that governments should not back the U.S.-driven Iran agreement — or face “serious consequences.” “The Strait of Hormuz is a vital lifeline,” Azizi wrote. “Don’t close the door on this vital lifeline with your own hands.”

1 seconds ago

A certain Ethereum OG, after 3 years of silence, has transferred 52,000 ETH to a new address

On May 9, on-chain analytics firm LookIntoBitcoin reported that an Ethereum OG address—dormant for 3 years—moved all 52,170 ETH (worth approximately $120.61 million) to a new wallet 4 hours prior. The address had previously withdrawn 42,572 ETH from exchange Kraken 6 years ago, when ETH traded at just $246. That withdrawal totaled roughly $10.48 million at the time.

1 seconds ago

Ceasefire Between US and Iran "In Name Only": Both Sides Continue to Attack Each Other, Strait of Hormuz Standoff Unresolved, UK Sends Warship to the Middle East

May 9 The U.S. and Iran remain deadlocked over ceasefire terms and negotiations, The New York Times reported Thursday. While both sides say the month-long ceasefire agreement is still holding, multiple rounds of attacks between them have occurred in the past week—with no breakthrough in talks. The U.S. recently targeted two Iranian oil tankers bound for an Iranian port, the report noted. In response, Iran has continued blocking the Strait of Hormuz. The U.S. has put forward proposals including lifting port blockades, resuming navigation in the Strait of Hormuz, and extending the ceasefire by 30 days—but the core negotiation disagreement still centers on Iran’s nuclear restrictions. Separately, the U.K. announced it’s deploying a destroyer to the Middle East as a pre-deployment for future escort missions in the Strait of Hormuz. France, meanwhile, has already sent an aircraft carrier battle group to the Red Sea. Both nations are pushing to establish a “multinational joint

1 seconds ago

Garrett Jin deposited 108,000 ETH into Binance, worth approximately $250 million

On May 9, OnchainLens data indicates that "BTC OG Whale Insider" figure Garrett Jin has deposited 108,169 ETH to Binance, with the transaction valued at roughly $250 million.

1 seconds ago