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Tokenization push sees half of OKXICE targets opt out amid AI bot threats and Bitcoin mining cost surge
As of Oct 27, 33 of 63 companies targeted by OKXICE’s tokenization initiative, including Adobe, IBM, Intel, Oracle and JPMorgan Chase, have opted out, up from 22 four days earlier. DTCC launched a tokenization service for 34 securities, while Robinhood added eight tokenized stocks. Major U.S. banks report AI bots using customer passwords to access accounts; Morgan Stanley blocks them, JPMorgan, Bank of America and Citi restrict them. Bitcoin’s hashrate approaches 1,100 EH/s, mining difficulty expected to rise to 6.3%, and mining costs now exceed Bitcoin’s market price, with Heatbit offering an $899 water‑heater element for home mining and Tether supporting an open‑source mining toolkit.