They hold over $105M in Solana

What we’ll cover today:

🕵️‍♂️ Across Protocol's $23M misappropriation scandal

🧾 Nasdaq-listed Upexi tokenizes shares on Solana

🤖 AI tokens crash while AI agents dominate Web3

$23M Vanished? Across Protocol’s Dirty Laundry is Out 👀

Across Protocol is under fire after Glue’s founder accused team leaders of secretly pocketing $23M from DAO funds.

🚨 Breaking News:
ACX token tanked after allegations of insider deals using hidden wallets to approve suspicious $23M payouts via fake DAO votes.

⚡ Wire Simplified –

• ACX token has dropped 91% from its all-time high

• Glue’s founder Ogle revealed the secret proposals on X

• Two shady DAO votes gave 150M tokens to Risk Labs

• The team allegedly sold token rights after promising not to

• Community outrage is rising and Across still hasn’t responded

✔️ Straight to the Point:
If true, this could be one of DeFi’s dirtiest governance scandals. And trust? Once lost, isn’t easily bought back.

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Upexi Is Tokenizing Its Stock on Solana 😮

Upexi, a Nasdaq-listed company, is going full crypto by turning its shares into Solana tokens via Opening Bell.

🚨 Breaking News:
Upexi will now trade tokenized shares on Solana, making it the biggest public company with a Solana-native treasury.

⚡ Wire Simplified –

• Upexi will use Opening Bell to tokenize its stock

• They hold over $105M in Solana, up 8% since May

• Despite stock volatility, analysts still rated it “overweight”

• The April float release caused a 60% stock drop

• CEO says no insider dumping, just “routine filings”

✔️ Straight to the Point:
Upexi’s playing a risky but bold game, blending TradFi with DeFi. Solana’s winning, but can retail holders keep up?

AI Tokens Falling… But AI Agents Booming 🤖📉

Web3’s AI agents are everywhere, automating everything from DeFi to gaming. But oddly, AI token prices are collapsing.

🚨 Breaking News:
Despite 86% growth in users and $1.4B raised, AI tokens have crashed 64% from their early June highs.

⚡ Wire Simplified –

• AI agents now power 19% of Web3 traffic, just behind gaming

• 4.5M daily wallets use AI agents on-chain

• Market cap dropped from $16.6B to $5.9B in weeks

• Virtuals Protocol leads with 17,000+ agents launched

• DappRadar warns many AI tokens are “hype over substance”

✔️ Straight to the Point:
AI agents are the future, but not all tokens are equal. Watch for real utility, not just fancy names.