Cobinhood(COB)

WOO Network (WOO) recently saw a major upswing with its value, leading to many speculating how far it can rise in the future. A major crypto analyst also gave his price projection surrounding the future of the Bonk (BONK) cryptocurrency, and traders began diversifying with Everlodge (ELDG) after its presale […]

Jacob Canfield, a respected entrepreneur and Bitcoin advocate, has spotted a rather interesting pattern on the Bitcoin chart.

The new Microsoft Azure Maia AI Accelerator is designed for AI tasks and generative AI and was debuted in tandem with its new Azure Cobalt CPU to compute cloud workloads.

Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm.

A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed. ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad . With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy! What is Solidus AI Tech? Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace. What does AI Tech Provide? As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing: AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications. BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case. HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries. AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place. What are some of AI Tech’s Unique Features? Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure. Some of these features include: High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency. Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity. Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity. Solidus AITECH Tokenomics In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at: Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000 Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset. $AITECH IDO on ChainGPT Pad Details Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows: IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC) More information about the IDO specifications are available in their official listing here. * ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here. About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok Launchpad BD Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected] General BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed. ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad . With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy! What is Solidus AI Tech? Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace. What does AI Tech Provide? As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing: AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications. BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case. HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries. AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place. What are some of AI Tech’s Unique Features? Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure. Some of these features include: High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency. Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity. Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity. Solidus AITECH Tokenomics In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at: Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000 Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset. $AITECH IDO on ChainGPT Pad Details Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows: IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC) More information about the IDO specifications are available in their official listing here. * ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here. About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok Launchpad BD Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected] General BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

GSR, the oldest market maker in the crypto space, is feeling the full impact of the ongoing bear market, with multiple top executives, including the CFO, departing the company. The company had also announced a staff cut in October 2022, terming them as a part of “structural changes” in the organization. Top Executives Depart As crypto’s largest market maker retreats in the face of the bear market onslaught, several high-level executives, including C-level and department heads, are headed toward the exit. According to sources, the retrenchment is having a major impact on one of the industry’s oldest and best-known players and one that is extremely prominent in the US markets. The most recent and maybe the most high-profile departure from the firm is its Chief Financial Officer, Jonathan Hugh. Hugh joined GSR in 2021 and played a pivotal role in building the company’s finance function. Hugh has so far not commented on his departure. Other high-level executives leaving the company include GSR’s Global Head of Product, Benoit Bosc, and its Director of Trading Operations, Aman Bhalla. Bosc had taken over the sales role from Michael Bressler, a highly experienced TradeFi executive from JP Morgan and Goldman Sachs. Bressler had joined GSR in 2021, becoming the company’s sales head in 2021. However, Bressler left the firm in 2022. Other Notable Departures Other notable departures from the company include Jake Dwyer. Dwyer had joined the firm in 2021 and was tasked with leading GSR’s DeFi and venture initiatives. Trader Quentin Dubois and the head of Quant Trading, Romain Bernard, have also exited the company, according to sources familiar with the matter. The Director of Business Development at GSR, Jeff Stern, has also left the organization. All of these departures occurred this year. While Dwyer confirmed his departure from GSR, the others, including Bhalla, Bosc, Vince, Barnard, and Dubois, have not commented on the matter. A spokesperson from GSR commented on the matter, stating that the company will look to evolve with the fast-moving crypto markets. “GSR has been at the center of crypto markets for ten years — markets that are fast-moving and volatile. We owe it to our clients to continue adapting and evolving to keep pace with the speed of crypto, and we will continue to do so.” The spokesperson also confirmed the departures of Bosc and Bhalla. However, they added that they will continue in their respective roles until the end of August and ensure a smooth transition of their respective roles. “Our business operations and strategy have naturally evolved to respond to changing market conditions, but there has been no restructuring.” Crypto Winter Takes Its Toll GSR had laid off around 10% of its workforce in October 2022, adding that the layoffs were part of structural changes. In doing so, the company became the latest in a long line of crypto firms that had to curtail their growth and ambitions in the face of a crippling crypto winter. Companies and exchanges operating have sanctioned a wave of layoffs as they look to navigate the crypto bear market. The firm had undertaken an aggressive expansion drive, growing its workforce to over 200 and reaching a peak of 300 before the layoffs took place. A source familiar with the firm and its operations stated, “The executive team is mostly friends, and I think it threw off a lot of the momentum GSR built in the previous cycle. They hired a lot of corporate Wall Street executives that came in at the top of the bull market, which ended up costing the firm dearly.” Most of the c-suite executives have links with Winton, CEO Jacob Palmstierna’s former employer, or Goldman Sachs, the former employer of Rich Rosenblum and Cristian Gil. Staff at GSR believes that the firm got too big too soon and the team needs to be better streamlined. A GSR spokesperson stated, “While last year’s bear market created challenges for all crypto companies, our long-term belief in the space hasn’t changed. We have continued investing and hiring in high-conviction areas and have maintained a world-class team of TradFi and DeFi talent that is uniquely positioned for another decade of growth.” Scaling Back US Operations The firm is also focusing on scaling back its US operations. Multiple sources have attributed the retreat to a combination of a number of factors. These include a decreasing appetite for token listings, a high cost of talent acquisition, and concerns around regulations. According to a source, the company has also moved from its New York office, taking up a space in Jersey City instead. “At one point, it was probably their largest office, and they have been scaling it down meaningfully. They have given up their New York office and have a smaller space in Jersey City.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

GSR, the oldest market maker in the crypto space, is feeling the full impact of the ongoing bear market, with multiple top executives, including the CFO, departing the company. The company had also announced a staff cut in October 2022, terming them as a part of “structural changes” in the organization. Top Executives Depart As crypto’s largest market maker retreats in the face of the bear market onslaught, several high-level executives, including C-level and department heads, are headed toward the exit. According to sources, the retrenchment is having a major impact on one of the industry’s oldest and best-known players and one that is extremely prominent in the US markets. The most recent and maybe the most high-profile departure from the firm is its Chief Financial Officer, Jonathan Hugh. Hugh joined GSR in 2021 and played a pivotal role in building the company’s finance function. Hugh has so far not commented on his departure. Other high-level executives leaving the company include GSR’s Global Head of Product, Benoit Bosc, and its Director of Trading Operations, Aman Bhalla. Bosc had taken over the sales role from Michael Bressler, a highly experienced TradeFi executive from JP Morgan and Goldman Sachs. Bressler had joined GSR in 2021, becoming the company’s sales head in 2021. However, Bressler left the firm in 2022. Other Notable Departures Other notable departures from the company include Jake Dwyer. Dwyer had joined the firm in 2021 and was tasked with leading GSR’s DeFi and venture initiatives. Trader Quentin Dubois and the head of Quant Trading, Romain Bernard, have also exited the company, according to sources familiar with the matter. The Director of Business Development at GSR, Jeff Stern, has also left the organization. All of these departures occurred this year. While Dwyer confirmed his departure from GSR, the others, including Bhalla, Bosc, Vince, Barnard, and Dubois, have not commented on the matter. A spokesperson from GSR commented on the matter, stating that the company will look to evolve with the fast-moving crypto markets. “GSR has been at the center of crypto markets for ten years — markets that are fast-moving and volatile. We owe it to our clients to continue adapting and evolving to keep pace with the speed of crypto, and we will continue to do so.” The spokesperson also confirmed the departures of Bosc and Bhalla. However, they added that they will continue in their respective roles until the end of August and ensure a smooth transition of their respective roles. “Our business operations and strategy have naturally evolved to respond to changing market conditions, but there has been no restructuring.” Crypto Winter Takes Its Toll GSR had laid off around 10% of its workforce in October 2022, adding that the layoffs were part of structural changes. In doing so, the company became the latest in a long line of crypto firms that had to curtail their growth and ambitions in the face of a crippling crypto winter. Companies and exchanges operating have sanctioned a wave of layoffs as they look to navigate the crypto bear market. The firm had undertaken an aggressive expansion drive, growing its workforce to over 200 and reaching a peak of 300 before the layoffs took place. A source familiar with the firm and its operations stated, “The executive team is mostly friends, and I think it threw off a lot of the momentum GSR built in the previous cycle. They hired a lot of corporate Wall Street executives that came in at the top of the bull market, which ended up costing the firm dearly.” Most of the c-suite executives have links with Winton, CEO Jacob Palmstierna’s former employer, or Goldman Sachs, the former employer of Rich Rosenblum and Cristian Gil. Staff at GSR believes that the firm got too big too soon and the team needs to be better streamlined. A GSR spokesperson stated, “While last year’s bear market created challenges for all crypto companies, our long-term belief in the space hasn’t changed. We have continued investing and hiring in high-conviction areas and have maintained a world-class team of TradFi and DeFi talent that is uniquely positioned for another decade of growth.” Scaling Back US Operations The firm is also focusing on scaling back its US operations. Multiple sources have attributed the retreat to a combination of a number of factors. These include a decreasing appetite for token listings, a high cost of talent acquisition, and concerns around regulations. According to a source, the company has also moved from its New York office, taking up a space in Jersey City instead. “At one point, it was probably their largest office, and they have been scaling it down meaningfully. They have given up their New York office and have a smaller space in Jersey City.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Europe has usurped the United States with the listing of its first spot exchange-traded fund (ETF) on the Euronext Amsterdam stock exchange by London-based Jacobi Asset Management.

The Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch.

Institutional invetors will be able to enter the BTC ecosystem and meet ESG goals at the same time, said Jacobi.

Jacobi first won approval for the fund in October 2021 with plans to list it in 2022. However the firm opted to push back its plans due to inopportune circumstances elsewhere in the digital asset market.

Hope.money launches its decentralized lending ecosystem, HopeLend. The project aims to reward all participants, including depositors, borrowers, and lenders. Hope.money, a pioneer in bridging DeFi to CeFi and TradFi, has launched HopeLend, a decentralized lending protocol, on the Ethereum network. In an announcement this Tuesday, HopeLend, a decentralized, non-custodial lending protocol, aims to revolutionize the borrowing and lending systems across decentralized finance (DeFi) platforms, allowing users to effectively utilize and interact with digital assets within the HOPE ecosystem and across other DeFi platforms. Regarding the launch, Flex Yang, Founder of Hope.money, said HopeLend will increase the overall liquidity across DeFi ecosystems and reward all participants on the platform to incentivize decentralized borrowing and lending services. “The debut of HopeLend is a milestone for Hope.money, as it represents an important move toward completing its all-in-one ecosystem,” Yang said. “The non-custodial lending protocol enables all users to benefit from it by increasing liquidity for the HOPE Ecosystem through deposits, loans, and liquidations, and rewarding them with $LT.” In addition, HopeLend will also significantly improve the capital efficiency and users’ liquidity within the DeFi space, allowing any user to borrow and lend within the protocol. This blends well with the protocol’s goals of providing frictionless and transparent financial infrastructure for everyone. Unlike legacy DeFi borrowing platforms, HopeLend introduces a pool-based system of borrowing, whereby users directly borrow and deposit to a pool. This eliminates the need for individual loan pairing, making the process of depositing and borrowing easy and frictionless. Hope.money aims to provide an all-in-one financial ecosystem, providing comprehensive utility for its decentralized stablecoin, $HOPE, including swaps, custodial services, clearing and settlement. The launch of HopeLend increases the utility of the stablecoin and will provide a “solid foundation for $HOPE’s future success as a stablecoin”, Yang added. Notwithstanding, HopeLend will also reward every contributor on the platform (depositors, borrowers and lenders) with its governance token, $LT, adding an extra layer of benefits on top of the standard interest income and borrowing services. The rewards distribution will be calculated using the relative Gauge Weights and utilization rates of various asset pools. Apart from regular loans, HopeLend will also offer users flash loans – loans that are borrowed and paid back in one transaction without having to own the assets. Hope.money steps up as a leading DeFi protocol The launch of HopeLend signifies the potential of Hope.money to become a leading protocol in the broader Ethereum DeFi ecosystem. Earlier this month, the protocol added stETH in Hope.money’s reserve pool, which diversifies the assets on the protocol and strengthens the utility and value of $HOPE stablecoin. Additionally, the platform is enhancing the security of users’ funds by forming partnerships with established and trusted digital asset custodians. Following its partnership with Coinbase Custody in April, Hope.money announced a strategic partnership with Cobo, another leading digital asset custodial services provider. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Hope.money launches its decentralized lending ecosystem, HopeLend. The project aims to reward all participants, including depositors, borrowers, and lenders. Hope.money, a pioneer in bridging DeFi to CeFi and TradFi, has launched HopeLend, a decentralized lending protocol, on the Ethereum network. In an announcement this Tuesday, HopeLend, a decentralized, non-custodial lending protocol, aims to revolutionize the borrowing and lending systems across decentralized finance (DeFi) platforms, allowing users to effectively utilize and interact with digital assets within the HOPE ecosystem and across other DeFi platforms. Regarding the launch, Flex Yang, Founder of Hope.money, said HopeLend will increase the overall liquidity across DeFi ecosystems and reward all participants on the platform to incentivize decentralized borrowing and lending services. “The debut of HopeLend is a milestone for Hope.money, as it represents an important move toward completing its all-in-one ecosystem,” Yang said. “The non-custodial lending protocol enables all users to benefit from it by increasing liquidity for the HOPE Ecosystem through deposits, loans, and liquidations, and rewarding them with $LT.” In addition, HopeLend will also significantly improve the capital efficiency and users’ liquidity within the DeFi space, allowing any user to borrow and lend within the protocol. This blends well with the protocol’s goals of providing frictionless and transparent financial infrastructure for everyone. Unlike legacy DeFi borrowing platforms, HopeLend introduces a pool-based system of borrowing, whereby users directly borrow and deposit to a pool. This eliminates the need for individual loan pairing, making the process of depositing and borrowing easy and frictionless. Hope.money aims to provide an all-in-one financial ecosystem, providing comprehensive utility for its decentralized stablecoin, $HOPE, including swaps, custodial services, clearing and settlement. The launch of HopeLend increases the utility of the stablecoin and will provide a “solid foundation for $HOPE’s future success as a stablecoin”, Yang added. Notwithstanding, HopeLend will also reward every contributor on the platform (depositors, borrowers and lenders) with its governance token, $LT, adding an extra layer of benefits on top of the standard interest income and borrowing services. The rewards distribution will be calculated using the relative Gauge Weights and utilization rates of various asset pools. Apart from regular loans, HopeLend will also offer users flash loans – loans that are borrowed and paid back in one transaction without having to own the assets. Hope.money steps up as a leading DeFi protocol The launch of HopeLend signifies the potential of Hope.money to become a leading protocol in the broader Ethereum DeFi ecosystem. Earlier this month, the protocol added stETH in Hope.money’s reserve pool, which diversifies the assets on the protocol and strengthens the utility and value of $HOPE stablecoin. Additionally, the platform is enhancing the security of users’ funds by forming partnerships with established and trusted digital asset custodians. Following its partnership with Coinbase Custody in April, Hope.money announced a strategic partnership with Cobo, another leading digital asset custodial services provider. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

With a vision to unite all of the ChainGPT products into one intuitive, user-friendly interface, and enable an engaging AI-powered experience for all Web3 participants, ChainGPT will be releasing the highly-anticipated V1 web application to the public. Starting on August 10, at 12:00 pm UTC, every participant of the crypto, blockchain, and Web3 space will have access to the most sophisticated AI with on-chain and off-chain capabilities to date. What is the ChainGPT V1? Acting as an AI powered operating system of fundamental tools for traders, investors, researchers, developers, and everyone in between, the ChainGPT V1 is a dashboard that encompasses the full suite of ChainGPT products including the NFT Generator, smart contract auditor, and chat assistant, with its ecosystem components including the ChainGPT DAO, the staking modules, and API access that will facilitate a new generation of informational management and discovery for all in the crypto and blockchain space. The ultimate hub for Crypto AI Tools. What are some of the V1 Features? Loaded with all of the individual products ChainGPT has released over the last few months, the V1 web app has a rich set of functionality that builds on previous versions of ChainGPT. AI Chatbot Already deployed throughout a multitude of Web3 communities via Telegram and Discord, the ChainGPT AI Chatbot has already become a staple as an interactive, dynamic database for engaging and entertaining users. With the release of the V1 the Chatbot is receiving an upgrade with new capabilities & bug fixes that supersede its predecessor beta version. Its capabilities now extend across a much broader range of sources for gathering live Web3 news and insights. It will be able to conduct much deeper, more granular market analysis through the application of technical indicators (such as the RSI and EMA) to aid traders and investors in their research. It has been tuned to track all major launchpad and IDO platforms, providing a more holistic view of the startup landscape. Initially having a surface level set of assets that were limited in scope, the upgraded chatbot has been plugged in to service over 5,000 coins/tokens (and will be constantly expanding). As it pertains to the bug fixes, all minor and major points of friction for the users have been mended. Response times have been compressed, accuracy has been calibrated for higher contextual fidelity, and error potential has been minimized. Master Dashboard User experience with slow, clunky and disorganized applications has kept many away from participating in the world of Web3; ChainGPT decided to approach this problem head on and was able to construct what might be the most complete AI interface in the industry. Integrating every $CGPT application, while being able to neatly package the visual elements without disrupting its aesthetics, the V1 dashboard is transforming user accounts into AI-powered Web3 operating systems. Automated AI Newsfeed Staying up-to-date in the fast paced crypto, blockchain, and Web3 space has been notoriously challenging, until now. The first (and only) of its kind, ChainGPT’s automated AI newsfeed has been developed from the ground up to deliver the most complete informational experience. Scanning the entire internet, the ChainGPT AI newsfeed aggregates all the leading trusted outlets and social sources, digests the information, and produces succinct summarizations in an comprehensive manner. Prompt Marketplace An AI is only as useful as the prompt that it is given. Quickly becoming one of the most sought after skills in the greater tech industry, prompting is a form of vernacular art; in fact prompts have become a digital asset class of its own. Catering to the evolving demands of AI communities, the V1 dashboard is equipped with its own prompt marketplace, becoming a focal point for the exchange of generative AI ideas. Users will be able to buy, bell, & trade prompts with the expansive $CGPT community; effectively adding a vector for users to monetize their skills. AI NFT Generator ChainGPT released the first ever AI NFT Generator on June 1st, with already over 4,500,000 NFTs generated! In the evolving landscape of digital art, ChainGPT's AI NFT Generator stands out as an avant-garde tool, seamlessly melding technology with artistic expression. With just a simple text prompt, this groundbreaking generator harnesses the power of advanced AI to bring to life high-quality NFT collections, ranging from distinctive single pieces to vast galleries of up to 10,000 NFTs, all within an astonishing 30 to 60 seconds. Offering unparalleled versatility, it supports a myriad of platforms including BNB Chain, opBNB Chain, Polygon, Avalanche, and Ethereum. While individual NFT creation and minting are graciously offered for free, those aiming to craft expansive 10,000 NFT collections can easily do so under the umbrella of ChainGPT's Freemium or Paid plans. The ChainGPT AI NFT Generator is not just a tool—it's a revolution, redefining the boundaries of what's possible in the world of NFT creation. AI Powered Solidity Smart-Contracts Auditor & Generator Navigating the intricate realm of Solidity smart-contracts just became remarkably intuitive with ChainGPT's cutting-edge AI models and tools. Whether you're looking to birth a new contract or rigorously assess an existing one, ChainGPT simplifies the process. Users can effortlessly generate tailor-made smart-contracts by merely articulating their requirements, eliminating the technical jargon and complexities traditionally associated with such tasks. Similarly, auditing a contract is now as straightforward as presenting its code to ChainGPT's AI. This innovation heralds a new era, making the creation and assessment of Solidity smart-contracts more accessible and efficient than ever before. Membership and Access The V1 release will be engaging a three tier membership system based on what applications and the degree of access that users desire to have. Free Plan The basic configuration of functions granted to every account on the V1. Restricted from the more advanced applications, the free plan provides limited access to five of the core applications including the General AI model (chatbot), the news feed, the Ask Crypto People app, Single NFT Generation, and participation in the prompt marketplace. PPP Plan The pay-per-prompt plan offers unlimited, flexible access to the entire application suite. Smart Contact auditing and generations, multi-NFT (collection) generation, the trading assistant, as well as everything in the free plan. Freemium Plan The Freemium plan requires that users accumulate 20,000 CGPTsp by staking $CGPT tokens. This plan provides 20,000 monthly CGPT credits for use as needed throughout any and every single application. In addition to the full product suite, users at the Freemium level will also be granted DAO proposal rights, allowing them to submit ideas for the ChainGPT DAO to vote on. In order to unlock the full spectrum of functionality, a user will be able to swiftly create their accounts by linking their Web3 wallets (Metamask, Trust Wallet, Rainbow wallet, etc..) About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. ChainGPT Links:Website | AI App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking v2 | Staking v1 | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all other inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The US SEC on Thursday secured a temporary asset freeze, restraining order and further emergency relief against Digital Licensing, a Draper, Utah-based entity operating as DEBT Box. The US Securities and Exchange Commission (SEC) announced it had obtained emergency relief against DEBT Box and four of the company’s principals. In its continued crackdown on crypto fraud, the SEC obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Draper, Utah-based entity operating as “DEBT Box.” The agency also acted against four of the company’s principals, Jason Anderson, his brother Jacob Anderson, Schad Brannon, and Roydon Nelson, along with 13 other defendants for their connecting to a scheme to sell crypto asset securities to US investors which raised around $50 million and an undisclosed amount of Bitcoin (BTC) and Ether (ETH). According to the securities agency, the defendant sold unregistered securities called “node licenses” to unsuspecting victims. In the scheme, which started operating in March 2021, the defendants said to investors that the licenses would mine crypto and, in turn, increase in value when the defendants actually created the crypto using code on a blockchain. Tracy S. Combs, Director of the SEC’s Salt Lake Regional Office, said in a press release: “We allege that DEBT Box and its principals lied to investors about virtually every material aspect of their unregistered offering of securities, including by falsely stating that they were engaged in crypto asset mining.” Adding, “We filed this emergency action to protect the victims of the defendants’ unlawful actions and stop further harm.” The SEC charged the 18 defendants, including the four principals mentioned above, with engaging in unregistered securities offerings. “DEBT Box, Jason Anderson, Jacob Anderson, Brannon, Nelson, Franklin, Western Oil, and Bowen were also charged with violations of the antifraud provisions of the federal securities laws. Jason Anderson, Jacob Anderson, Brannon, Nelson, Bowen, Mark Schuler, Benjamin Daniels, Joseph Martinez, Travis Flaherty, Brendon Stangis, Matthew Fritzsche, B & B Investment Group, LLC, and iX Global, LLC were charged with acting as unregistered brokers.” The SEC charges seek permanent injunctive relief, the return of the ill-gotten gains, and further civil penalties. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Jacob Asset Management got approval from the Guernsey financial regulator in October 2021 and was set to debut on Euronext Amsterdam Exchange in July last year.

Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping.

By now, we have all accepted the news that China has banned all ICO’s, and shut down all cryptocurrency exchanges. Although they did this as a way of preventing Chinese citizens from incurring any financial losses, they should be wary of causing a Cobra Effect. So, what is the Cobra Effect? Simply put, the Cobra Effect will occur when an attempted solution to a problem actually makes the problem worse. This results in an unintended consequence. The term originated as an interesting anecdote about the British rule of India. The British government was worried about the large number of highly venomous cobras in the city of Delhi, India, and came up with a brilliant idea that they would offer a reward for every dead cobra. Because a reward was being offered, it resulted in people killing the cobras in order to claim the reward, which soon resulted in unforeseen problems for the British government. Instead of dealing with the already large numbers of cobras that were already in the city, many actually begin to breed cobras, just to kill them to claim the rewards. Once the British government realised that this was happening, they soon put a stop to the rewards, but what this actually resulted in was an increased cobra population, as they were just being released into the wild. So, what actually started as an idea to solve the problem, actually ended up making the situation far, far worse. So, why could this be a problem? Failing to consider the secondary effects of something, can result in unplanned surprises. Because most cryptocurrency trades take place at exchanges, the Chinese government may have thought that by shutting down all of the exchanges, it will decrease the number of people investing in cryptocurrencies; but in reality, what it might result in is the Chinese population finding illegal ways of investing in these cryptocurrencies, which could have a much more negative effect than they first thought. Is there a solution? The motivation for the Chinese government to ban ICO’s and shut down cryptocurrency exchanges is simple - they are attempting to make it more difficult for ordinary citizens to buy cryptocurrencies, making it less popular. In the short term; this has worked. There has been a temporary blip in the number of people trading in Bitcoin, which has seen the price fall, but it is near impossible to say how long this will last, and, in fact, the price of Bitcoin has already started to climb again. It is possible though that taking the decision to shut down all cryptocurrency exchanges will result in those who wish to buy Bitcoins to enter into PTP trades. These are actually far riskier and come with a much higher risk of fraud, which could have a much more detrimental effect on the Chinese financial sector. References and Further Reading: The CoinTelegraph; Chinese Meddling With Bitcoin Exchanges and ICOs Likely To Trigger “Cobra Effect”.

By now, we have all accepted the news that China has banned all ICO’s, and shut down all cryptocurrency exchanges. Although they did this as a way of preventing Chinese citizens from incurring any financial losses, they should be wary of causing a Cobra Effect. So, what is the Cobra Effect? Simply put, the Cobra Effect will occur when an attempted solution to a problem actually makes the problem worse. This results in an unintended consequence. The term originated as an interesting anecdote about the British rule of India. The British government was worried about the large number of highly venomous cobras in the city of Delhi, India, and came up with a brilliant idea that they would offer a reward for every dead cobra. Because a reward was being offered, it resulted in people killing the cobras in order to claim the reward, which soon resulted in unforeseen problems for the British government. Instead of dealing with the already large numbers of cobras that were already in the city, many actually begin to breed cobras, just to kill them to claim the rewards. Once the British government realised that this was happening, they soon put a stop to the rewards, but what this actually resulted in was an increased cobra population, as they were just being released into the wild. So, what actually started as an idea to solve the problem, actually ended up making the situation far, far worse. So, why could this be a problem? Failing to consider the secondary effects of something, can result in unplanned surprises. Because most cryptocurrency trades take place at exchanges, the Chinese government may have thought that by shutting down all of the exchanges, it will decrease the number of people investing in cryptocurrencies; but in reality, what it might result in is the Chinese population finding illegal ways of investing in these cryptocurrencies, which could have a much more negative effect than they first thought. Is there a solution? The motivation for the Chinese government to ban ICO’s and shut down cryptocurrency exchanges is simple - they are attempting to make it more difficult for ordinary citizens to buy cryptocurrencies, making it less popular. In the short term; this has worked. There has been a temporary blip in the number of people trading in Bitcoin, which has seen the price fall, but it is near impossible to say how long this will last, and, in fact, the price of Bitcoin has already started to climb again. It is possible though that taking the decision to shut down all cryptocurrency exchanges will result in those who wish to buy Bitcoins to enter into PTP trades. These are actually far riskier and come with a much higher risk of fraud, which could have a much more detrimental effect on the Chinese financial sector. References and Further Reading: The CoinTelegraph; Chinese Meddling With Bitcoin Exchanges and ICOs Likely To Trigger “Cobra Effect”.