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Crypto exchange OKX wants AI agents to hire and pay each other

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When AI agents begin working for people — and increasingly for one another — they will need a way to find jobs, pay for services, and build trust. Crypto exchange OKX is betting that future is closer than many expect, launching a marketplace where AI agents can hire one another, settle payments autonomously, and build portable on-chain reputations.

Called OKX AI, the marketplace opens to developers on Tuesday following a closed beta involving 50 early AI service providers. The marketplace builds on technology OKX previously developed to let AI agents hold digital wallets, make payments using stablecoins, and establish persistent identities.

The launch marks OKX’s latest push beyond crypto trading as it seeks to become a broader fintech company. With more than 150 million users globally, OKX is betting the next generation of customers will not just be people or institutions, but AI agents capable of transacting autonomously, giving rise to an emerging “agent economy.”

“The coming decade will be defined by one-person companies that generate over a million dollars in annual revenue – because every individual effectively gains an unlimited workforce,” Star Xu, founder and CEO of OKX, told TechCrunch. “Traditional financial infrastructure was built for humans. The agentic economy needs infrastructure designed for autonomous software. That is why we built OKX.AI.”

Haider Rafique, OKX’s chief marketing officer and global managing partner, said the company believes “agentic commerce” could become a trillion-dollar market over the next five years, driven by micropayments and autonomous software.

The marketplace is aimed at crypto developers building AI applications and solo entrepreneurs looking to automate parts of their businesses with AI agents, Rafique told TechCrunch. The company expects those developers to build applications for the marketplace, allowing other users to access AI-powered tools without having to build them from scratch.

OKX AI marketplaceImage Credits:OKX

Among the early builders are CertiK, whose service lets AI agents assess the security of a crypto wallet or token before executing a transaction, and CoinAnk, which provides live market data on a pay-per-query basis. GenLayer, another launch partner, is bringing dispute-resolution infrastructure to the marketplace to help AI agents resolve contractual disagreements.

By using blockchain-based payments and stablecoins, the company says AI agents can settle transactions around the clock, including low-value micropayments that would be impractical using conventional payment rails.

Rafique said OKX is applying the same fraud detection, compliance systems, and internally developed infrastructure that underpin its cryptocurrency exchange to the marketplace, which will be rolled out in phases before becoming more widely available.

OKX’s launch comes as technology companies and startups race to build the infrastructure that will underpin AI agents, from developer platforms and marketplaces to payment and identity systems. Albert Castellana, co-founder and CEO of GenLayer Labs, said the biggest challenge is not simply enabling AI agents to transact, but helping them discover one another and resolve disputes when things go wrong.

“What we’re building is essentially a digital court system,” Castellana told TechCrunch. “The challenge for us is distribution. OKX already has that.”

Rafique argues that OKX’s biggest advantage is not simply its technology but its reach. The company believes its existing network of crypto developers and users will help seed the marketplace, while its broader strategy extends well beyond digital assets.

In March, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, invested about $200 million in OKX at a $25 billion valuation. Rafique said the partnership is part of the company’s ambition to “modernize markets” through tokenization, while OKX AI represents its parallel effort to “modernize money” for an era of autonomous software.

Developers access the marketplace through Onchain OS, OKX’s toolkit for connecting AI agents to blockchain-based services. The company said no OKX account is required to get started, and the platform is compatible with AI coding tools including Claude Code, Codex, Hermes, and OpenClaw.

Because the marketplace is aimed first at developers rather than retail users, India features prominently in OKX’s plans. The country has emerged as one of the world’s largest hubs for AI and blockchain developers, a community the company hopes to reach even before a broader return of its crypto trading business.

In 2024, OKX suspended its services in India as it navigated the country’s regulatory requirements for crypto exchanges. Rafique told TechCrunch that India remains one of the company’s highest-priority markets, adding that developer products such as OKX AI face fewer regulatory hurdles than spot crypto trading and could help the company reconnect with the country’s builder ecosystem sooner.

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NIHSA Issues Flood Alert For 17 States

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By Eniola Elewude

The Nigeria Hydrological Services Agency (NIHSA) has issued a seven-day flood advisory, warning of a medium flood risk in 17 states between July 21 and July 27.

The agency said the alert followed rising water levels at key river monitoring stations, increasing the likelihood of localised flooding along river channels and floodplains.

NIHSA Director-General, Umar Mohammed, disclosed this in National Flood Advisory (Alert No. NFA-2026-200) issued on Tuesday.

He said the affected states are Adamawa, Bauchi, Benue, Borno, Edo, Gombe, Imo, Jigawa, Kaduna, Kano, Kebbi, Nasarawa, Niger, Plateau, Taraba, Yobe and Zamfara.

According to Mohammed, river levels at Saminara on the Karam River, Waya Dam Site on the Waya River and Amber on the Amber River had exceeded watch and warning thresholds.

He said 16 gauging stations nationwide were recording elevated river stages, placing nearby communities at risk of localised flooding.

Mohammed urged state governments, local authorities and residents of flood-prone communities to take precautionary measures immediately.

NIHSA said Bauchi had the highest exposure, with 1,841 communities, 145 schools, 101 health facilities and eight markets identified as vulnerable.

The agency also identified vulnerable communities and public facilities in Edo, Imo, Kaduna, Plateau and Benue states.

Mohammed urged the National Emergency Management Agency (NEMA), State Emergency Management Agencies (SEMAs), local governments and community leaders to activate emergency response plans.

He recommended relocating residents, livestock and valuables from floodplains to safer locations.

He also advised emergency agencies to pre-position food, medical supplies and water treatment materials in areas likely to be affected.

The NIHSA boss called for community mobilisation through early warning volunteers and local communication channels to ensure timely dissemination of flood alerts.

He cautioned residents against walking, driving or riding through flooded roads, bridges and fast-flowing waterways.

Mohammed further urged authorities to clear blocked drains, culverts and waterways to improve water flow and reduce flooding.

He advised the public and relevant agencies to monitor daily flood updates and advisories issued by NIHSA. (NAN)

Edited by Tosin Kolade

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FG Issues Flood Warning, Warns Residents in 17 States

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The Federal Government has issued a fresh flood warning, alerting residents in 17 states to the risk of flooding over the next seven days as rising water levels continue to threaten communities across the country.

The warning was issued by the Nigeria Hydrological Services Agency (NIHSA) in its National Flood Advisory (Alert No. NFA-2026-200), covering the period from July 21 to July 27.

According to the Director-General of NIHSA, Umar Mohammed, the alert followed a steady rise in water levels at key river monitoring stations, increasing the likelihood of localised flooding along river channels and floodplains.

The states identified as being at medium flood risk are Adamawa, Bauchi, Benue, Borno, Edo, Gombe, Imo, Jigawa, Kaduna, Kano, Kebbi, Nasarawa, Niger, Plateau, Taraba, Yobe and Zamfara.

Mohammed said river levels at several critical locations had already exceeded warning thresholds, raising concerns about possible flooding in surrounding communities.

File Photo: Flooding in Nigeria
File Photo: Flooding in Nigeria

He said, “River levels at Saminaka on the Karam River, Waya Dam site on the Waya River and Amber on the Amber River had exceeded watch and warning thresholds.”

The NIHSA boss added that no fewer than 16 river gauging stations across the country were currently recording elevated water levels, placing nearby communities at risk of localised flooding if heavy rainfall continues.

He urged state governments, local authorities and residents living in flood-prone areas to begin taking precautionary measures immediately to minimise the impact of possible flooding.

Bauchi State was identified as the most vulnerable, with the agency revealing that about 1,841 communities, 145 schools, 101 health facilities and eight markets are exposed to flood risks. The agency also listed several vulnerable communities and public facilities in Edo, Imo, Kaduna, Plateau and Benue states.

Mohammed called on the National Emergency Management Agency (NEMA), State Emergency Management Agencies (SEMAs), local government authorities and community leaders to activate emergency preparedness and response plans without delay.

He recommended that residents living on floodplains relocate to safer areas, taking along their families, livestock and valuables before floodwaters rise.

The NIHSA Director-General also advised emergency agencies to pre-position food supplies, medical materials and water treatment equipment in communities likely to be affected to ensure a quicker response if flooding occurs.

He stressed the need for early warning systems to reach vulnerable communities, urging authorities to mobilise local volunteers and utilise community communication channels to spread flood alerts promptly.

Mohammed also warned residents against attempting to walk, drive or ride through flooded roads, bridges and fast-flowing waterways, noting that such actions could result in avoidable loss of lives.

He further urged relevant authorities to clear blocked drains, culverts and waterways to improve the free flow of water and reduce the risk of flooding during the rainy season.

The latest advisory comes as Nigeria continues to experience heavy rainfall across several parts of the country, with recent flooding affecting communities in Lagos and other states. According to data from the National Emergency Management Agency, floods in 2025 claimed 232 lives, injured more than 600 people, affected over 315,000 residents, displaced more than 113,000 people and destroyed thousands of homes and hectares of farmland.

Mohammed advised both government agencies and members of the public to continue monitoring daily flood forecasts and advisories issued by NIHSA throughout the rainy season.

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