RaaS #590: Ethereum's AI Standard Coming Soon!

Theo Introduces thGOLD, Gemini Launches Zcash Card, And Moar!

ERC-8004 is nearing mainnet. It introduces a standard for portable identity and reputation, enabling AI agents to interoperate across organizations without central authorities. Davide Crapis calls it foundational for Ethereum to secure AI-to-AI interactions globally.

Bubblemaps traced $10M in RIVER token flows back to the creator’s wallet, revealing a distribution pattern across hundreds of dormant addresses that later sent funds to the Bitget exchange. The cluster’s activity suggests coordinated selling, raising new concerns about RIVER’s real circulating supply.

USD AI just launched its governance foundation and unveiled CHIP, the token that sets interest rates across its AI lending markets. Backed by a $1.5B loan pipeline, the protocol is turning GPU infrastructure into a liquid debt market, with $100M in credit set to deploy in Q1.

Tether has entered the U.S.-regulated stablecoin arena with USA₮, a 1:1 USD-backed token launched under the GENIUS Act. Designed for compliant, instant cross-border transfers, it positions Tether to directly challenge USDC’s dominance in the U.S. market.

What was the last whitepaper you read?

Theo has launched thGOLD, a yield-bearing gold product that earns ~2% annually by lending physical gold to vetted retailers. It reframes gold into a productive asset, offering institutional and accredited investors efficient, fully backed exposure.

John Daghita, linked to a $40M theft from U.S. government seizure addresses, is now livestreaming the launch of LICK on pumpdotfun while holding 40% of the supply. From federal fraud to memecoin mania, this is crypto’s absurd moral hazard playing out in real time.

Mesh raised $75M at a $1B valuation to make crypto onboarding as seamless as Plaid made bank connections. Now processing $10B+ in volume for giants like PayPal and Revolut, Mesh’s SDK lets users deposit crypto in-app without QR codes or CEX detours.

Your daily dose of bite-sized crypto news.

1. Jacob & Co. has unveiled a luxury watch that mines Bitcoin.

2. Bitcoin spot ETFs saw a $147M net outflow, and Ethereum spot ETFs lost $63.53M on Jan 27.

3. Kraken will list HYPE on Jan 28 at 15:00 UTC.

4. Republic launches testnet for an economy where compute is currency.

5. Pumpdotfun just hit an all-time high in returning users; wallets dormant for over 180 days are now back trading.

Moltbot, a local-first AI assistant, stunned its creator by autonomously decoding and transcribing an audio file using FFmpeg, curl, and an OpenAI key it found, all without prior voice setup. With 76K GitHub stars, it showcases both agentic brilliance and security risks.

Gemini has launched a limited-edition Zcash metal credit card offering up to 4% cashback in ZEC with no annual fee. It’s a privacy-forward card design and rewards stack, available while supplies last. A subtle nod to crypto-native finance with IRL perks.

After months of Kaito leaderboard grind, Rainbow added a surprise wallet-usage multiplier, just a week before the RNBW TGE. Yappers feel baited, and putting up slashes on credibility protocols like Ethos. Pressure’s on to fix this before Feb 5.

Hold and get rich.

Top Gainers: PIPPIN, XRID, USOR, PENGUIN, CCD.

High-signal reads are worth your time, all in one place.

1. Most people don’t lack intelligence; they stop thinking too early. This guide breaks down how to escape one-dimensional traps, build altitude across disciplines, and unlock multi-level strategic thought. If you’ve ever wondered why “smart” people make dumb life choices, this one reframes it all.

2. Citrea mainnet is live, marking the launch of the first ZK rollup on Bitcoin. After 2.5 years of development, it introduces non-custodial BTC bridging (Clementine), Bitcoin-native stablecoins (ctUSD), and a full suite of financial applications, transforming BTC from passive storage into active collateral.

3. South Dakota is taking another swing at a Bitcoin treasury. Rep. Logan Manhart introduced House Bill 1155 to allow the state to allocate up to 10% of public funds to BTC, mirroring last year’s failed HB 1202. This time, the bill includes stricter custody rules and is gaining momentum at the state level.

4. Wintermute’s market update says BTC remains stuck in a 60-day range ($85K–$94K), with record ETF outflows and a Coinbase discount pointing to US-led selling. Volatility is cheap, retail is sidelined, and macro catalysts, FOMC, Magnificent 7 earnings, tariff risks, could finally break the chop. $85K is the level to watch.

5. Crypto infra won’t 10x user adoption, marketers will. This essay argues that the real unlock isn’t more infrastructure, but better storytelling, less tribalism, and more clarity. Vision that sells without selling out. Distribution-first thinking is how crypto gets its next $10T.

Bitwise has registered a Delaware trust for a potential Uniswap ETF, an early legal step that doesn’t signal immediate SEC filing but preserves optionality. This comes after the SEC dropped its Uniswap Labs probe, shifting ETF focus from enforcement to onchain liquidity, custody, and governance risks.

Twin raised $10M to launch its AI agent builder, now public after deploying 100K+ agents in beta. Designed for non-technical users, Twin automates real-world businesses by controlling apps, browsers, and decisions end-to-end. Users have already built hedge funds, plumbing services, and arbitrage ops.

That’s all for today!