AI Agents Made 6.4 Million Payments. Why Won’t Institutions Trust Them?
In May 2026, an AI-linked wallet sent $175,000 after accepting Morse-coded instructions from an untrusted public post; roughly 80% was recovered. BeInCrypto Intelligence tracked 6.4 million x402 payments across Base and Solana in 35 days, worth $119,947, with more than 90% below one cent, according to BeInCrypto. The report also identified two incidents in which $281,200 went to attacker-controlled wallets before recoveries; institutional automation scored 12.0 out of 100 in readiness, versus 60.7 for micropayments.