Ethereum Foundation Launches dAI Team for AI-Blockchain Integration, Ethereum Price Drops 1.777%

Ethereum's latest price was $4524.51, down 1.777% in the last 24 hours. The Ethereum Foundation has recently launched the dAI Team, an initiative aimed at integrating blockchain technology with artificial intelligence. Led by Ethereum core developer Davide Crapis, the dAI Team aims to make Ethereum the core of the emerging AI economy and future software development. The team's short-term goal is to finalize and create the ERC-8004 standard, which will enable AI agents to complete transactions smoothly and securely. This standard is expected to be unveiled at Devconnect in November 2025. The long-term vision is to create a genuinely decentralized AI infrastructure, allowing AI systems to operate independently of centralized companies. Ethereum will act as a neutral and open platform of coordination and trust. The dAI Team will focus on developing an AI economy on Ethereum, where AI agents and robots can be paid by others, abide by rules, and cooperate without middlemen. Additionally, the team will assist in building a Decentralized AI Stack, ensuring that AI development is open, transparent, and censorship-resistant. The dAI Team will collaborate closely with both Ethereum’s Protocol and Ecosystem teams to align future upgrades with the needs of AI developers. Ethereum can also improve the trust and verification of AI systems through ERC-8004, which helps users identify and trust AI agents. As AI agents become smarter and more independent, they will need a secure way to prove their identity and exchange value, a role well-suited for Ethereum due to its open, global, and decentralized nature. Inspired by the d/acc philosophy and Ethereum’s original ideology, the dAI Team aims to support public goods and new research to strengthen the ecosystem, ensuring that humans remain in control and AI benefits the greater good. The introduction of the dAI Team marks a bold step by the Ethereum Foundation, combining the strengths of blockchain and AI to create a fairer, safer digital future. The team is actively seeking more talent to join them in this endeavor.

Ethereum has been facing a significant number of address-poisoning attempts, with approximately 50,000 attempts per hour. This translates to over 1.1 million attacks on Ethereum users each day, posing a high risk even to experienced crypto stakeholders. A recent high-profile case involved an eight-year-old crypto trader who lost 160,000 USDC due to an incorrect address transfer. The majority of wallets do not notify users of address-poisoning, highlighting the need for vigilance. Address-poisoning involves malicious actors generating almost identical characters or symbols to disorient senders, leading to funds being diverted to sham wallets. This attack exploits human factors and technical vulnerabilities of wallet interfaces. The high transaction volume and value of Ethereum have been associated with this increase in attacks. Attackers often take advantage of users who are in a hurry or disregard warnings. Web3 Antivirus, a company focused on web3 security, has stressed the importance of thoroughly checking addresses before sending tokens. They have also suggested using proactive checks and detection services to avoid these scams. Users are advised to take their time, check all characters in an address, and avoid trusting untrusted links or QR codes. Software solutions and multi-factor validation can provide additional security levels. It is crucial to check addresses multiple times before sending high-value tokens and to use hardware wallets with address-verification screens. Shortcuts like auto-fill or address saving should only be used after thorough verification.

Ethereum's Total Value Staked (TVS) experienced a drop of approximately 150,000 ETH this week due to a surge in the validator exit queue. This surge was largely driven by Kiln withdrawing 1.6 million ETH following the SwissBorg incident, prompting a short-term rotation into higher-yield DeFi as staking APR dropped below 3%. The exit queue rose to 2.63 million ETH with a 45-day wait, up from 616,000 ETH the previous week. The entry queue fell to 597,000 ETH, signaling net exit pressure and a short-term TVS contraction. Kiln's actions, which represented approximately 61% of the current exit queue, were a concentrated institutional reshuffle rather than broad retail capitulation. The network's long-term staking fundamentals remain intact despite the exit queue number appearing alarming. With staking yields compressing to 2.84% APR, institutional and retail capital is redeploying into DeFi. This shift highlights the dynamic nature of the Ethereum ecosystem and the ongoing adjustments made by stakeholders in response to changing conditions.

BitMine demonstrated heightened institutional engagement by significantly expanding its Ethereum reserves amid broader strategic moves, including a notable focus on equity ventures within the crypto ecosystem, highlighting the company's commitment to bolstering its positions in the sector.