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GROK Dumps 50% as Links to Failed Projects Halts AI-Inspired Token's Rally

It reached a $150 million on Monday, amassing over 13,000 holders and trading over $25 million in volume on decentralized exchanges.

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GROK Token Interest Climbs; Former FTX Execs Will Reportedly Start New Crypto Exchange

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the interest behind a token inspired by Grok AI, an artificial intelligence service by Elon Musk-owned social app X. The Wall Street Journal reports a new crypto exchange will be launched by former FTX executives. And, court documents show Genesis has agreed to settle $1 billion in claims by defunct hedge fund Three Arrows Capital. CoinDesk and Genesis are both owned by DCG.

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