LOBSTAR jumped ~190% in 24h after SOL AI agent mistakenly sent 5% supply to a random user, highlighting agentic risk. An artificial intelligence agent operatingLOBSTAR jumped ~190% in 24h after SOL AI agent mistakenly sent 5% supply to a random user, highlighting agentic risk. An artificial intelligence agent operating

SOL AI bot misfires, sends $250k LOBSTAR, holder nets ~$6k

2026/02/25 21:00
2 min read

LOBSTAR jumped ~190% in 24h after SOL AI agent mistakenly sent 5% supply to a random user, highlighting agentic risk.

Summary
  • AI agent on SOL misparsed decimals, sending 52.439m LOBSTAR (~5% supply), initially valued near $250k–$440k instead of a ~$400 donation.
  • Recipient’s rapid sell-off into thin liquidity produced extreme slippage; on-chain estimates show realized proceeds collapsing to only a few thousand dollars after reinvesting and losses.
  • Despite treasury loss, LOBSTAR volume spiked and price briefly surged up to ~190% as traders embraced the “agentic risk” narrative around autonomous SOL agents

An artificial intelligence agent operating a Solana blockchain wallet mistakenly transferred 52.4 million LOBSTAR tokens to an unintended recipient due to a coding error, according to reports from the cryptocurrency community.

The incident resulted from a technical failure that caused the agent to send approximately 5% of the total token supply to a random address instead of executing a small donation as intended, according to blockchain transaction records.

The error occurred when the agent experienced a session reset that erased its memory of previous allocations, according to technical analysis of the incident. The malfunction led the automated system to transfer 52.439 million LOBSTAR tokens rather than the intended smaller amount.

Technical experts indicated the problem stemmed from a parsing error, with the agent apparently misinterpreting token decimal values as raw integer values. The absence of protective safeguards allowed the erroneous transaction to execute on the blockchain.

The recipient initially held tokens with significant paper value, but market conditions prevented realization of those gains. Attempting to sell 5% of the total supply into limited market liquidity resulted in severe price slippage, reducing the actual proceeds to a fraction of the apparent value, according to market data.

The recipient subsequently allocated a substantial portion of the proceeds into a newly launched token bearing their name, according to blockchain records. The new token experienced rapid price decline as liquidity dried up and the position lost value within minutes.

The final realized value from the six-figure token transfer amounted to only a few thousand dollars, according to estimates based on transaction data.

The token’s price later increased as community members adopted a narrative around “agentic risk,” referring to risks associated with autonomous agent operations, according to social media discussions among token holders.

The incident has drawn attention to the need for protective mechanisms when autonomous systems control cryptocurrency assets, according to blockchain security observers.

Market Opportunity
Lobstar Logo
Lobstar Price(LOBSTAR)
$0.004638
$0.004638$0.004638
-2.46%
USD
Lobstar (LOBSTAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The post UK FCA Plans to Waive Some Rules for Crypto Companies: FT appeared on BitcoinEthereumNews.com. The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in an interview, according to the report, adding that a “lift and drop” of existing traditional finance rules would not be effective with crypto. One such area that may be handled differently is the stipulation that a firm “must conduct its business with integrity” and “pay due regard to the interest of its customers and treat them fairly.” Crypto companies would be given less strict requirements than banks or investment platforms on rules concerning senior managers, systems and controls, as cryptocurrency firms “do not typically pose the same level of systemic risk,” the FCA said. Firms would also not have to offer customers a cooling off period due to the voltatile nature of crypto prices, nor would technology be classed as an outsourcing arrangement requiring extra risk management. This is because blockchain technology is often permissionless, meaning anyone can participate without the input of an intermediary. Other areas of crypto regulation remain undecided. The FCA has plans to fully integrate cryptocurrency into its regulatory framework from 2026. Source: https://www.coindesk.com/policy/2025/09/17/uk-fca-plans-to-waive-some-rules-for-crypto-companies-ft
Share
BitcoinEthereumNews2025/09/18 04:15
Sensor Tower State of Gaming: Gaming drove $94 Billion in revenue in 2025; downloads reached 52 Billion

Sensor Tower State of Gaming: Gaming drove $94 Billion in revenue in 2025; downloads reached 52 Billion

SAN FRANCISCO, Feb. 25, 2026 /PRNewswire/ — Sensor Tower, a leading provider of data on the digital economy, today released its annual State of Gaming report for
Share
AI Journal2026/02/25 23:48