LPs

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

Paribus: Mainnet Ver.1 Live

The creators of a brand new cross-chain decentralized borrowing and lending protocol are set to release their Mainnet v1 today, March 28th. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate

The Evolution of AMMs

The Complex History of the Future of Finance Author: Benny Attar Ever since the dawn of financial history, markets had to be made. Tracing back to 17th century spice trading where intermediaries bought and sold shares to offer investors higher liquidity, market making has evolved tremendously. Through equities, foreign exchange rates, and even physical assets, market makers today provide liquidity and are ready to buy any asset at publicly quoted prices. However, as time passes, financial markets evolve alongside it. The past several years, we’ve seen an incredible increase in

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

Libre DeFi AMA Session With BeInCrypto

BeInCrypto recently held an ask-me-anything (AMA) session with Libre DeFi, a platform that promises to simplify the entry into the DeFi space via its user-based and frictionless onboarding experience.Sponsored Sponsored BeInCrypto: Hi Everyone! Welcome to another BeInCrypto AMA Session! Today we welcome both Julian (@libredefijulian) and Josh (@LibreJosh). They are CEO and COO at Libre Defi, respectively. Here is how things will work. I’ll have 10 questions for them. After these questions, they will pick up 5 out of all the questions asked by the BeInCrypto community. Good luck to you

THORChain hit by another exploit; loses up to $7.6M

With the emergence of cryptocurrencies, also came a corresponding rise in ransomware attacks. Several security loopholes in the cryptocurrency space in general, and smart contract platforms in particular, have come to light over the last few years. Once hailed as foolproof, blockchains have fallen fall prey to illicit activities, an assertion evidenced by the numerous scams and fraudulent activities that ensued. The latest to fall victim to the same is THORChain, a popular cross-chain decentralized exchange. It’s in the news today after an exploit drained millions of dollars from the

ChainSwap saga: Platform hit again; MATTER, ROOM, others tank; compensation plan announced

On Saturday, a hacker attacked the cross-chain decentralized finance (DeFi) platform ChainSwap (ASAP), exploiting a critical vulnerability in its smart contract.Roughly nine days after its latest exploit, which resulted in losses of around $800,000, the project got drained for a significantly larger sum as more than 10 tokens have been impacted.ChainSwap hacker Many projects partnered with the cross-chain platform to bridge tokens between Ethereum (ETH)) and Binance Smart Chain (BSC) were affected, including Umbrella Network (UMB), Antimatter (MATTER), Dafi (DAFI) and Option Room (ROOM), to name a few.The team published a