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πŸš€ COTI AI Chatbot Now Available for Developer Community

According to Odaily, COTI has successfully completed the trial phase of its custom AI chatbot and announced its official launch. The chatbot is now accessible through the COTI developer documentation. This AI model has been specifically trained to serve the COTI developer community, providing tailored answers to a wide range of technical queries.

The COTI AI model is composed of various sources, including GitHub repositories, MPC libraries, documentation, EVM technical documents, SDK documentation, and SDK examples. By integrating the most extensive COTI training data, the chatbot can offer customized responses on topics ranging from onboarding and accounts to contracts and dApps.


#COTI #AI #Chatbot #DeveloperCommunity #TechnicalQueries #MPC #EVM #SDK
πŸš€ BBVA Switzerland Enables USDC Management for Clients

According to BlockBeats, on September 9, BBVA Switzerland announced that its institutional and private banking clients, as well as those with NewGen accounts, can now manage their USDC funds on the same platform they use for traditional investments. Clients can exchange, custody, or automatically convert USDC to euros, dollars, or any fiat currency in near real-time.

#BBVASwitzerland #USDC #DigitalCurrency #Cryptocurrency #FinancialServices #InstitutionalBanking #PrivateBanking #NewGenAccounts #CurrencyExchange
πŸš€ Global Economic Slowdown Expected, Says Saxo Markets Strategist

According to Odaily, Saxo Markets' Global Market Strategist and Head of FX Strategy, Charu Chanana, has indicated that global data clearly points to an economic slowdown. Chanana stated, 'My inclination is a 25 basis point rate cut. As I mentioned, there is no reason to panic. If the Federal Reserve immediately cuts rates by 50 basis points, it might cause some panic.' She added, 'I believe they will use very dovish language and leave room for a 50 basis point rate cut in November or December if necessary. A 25 basis point cut combined with very dovish rhetoric will offset the impact of not cutting 50 basis points now.'

#GlobalEconomicSlowdown #SaxoMarkets #EconomicForecast #RateCut #FederalReserve #FXStrategy #DovishRhetoric #InterestRates
πŸš€ US Commerce Department Proposes Reporting Requirements For AI Developers

According to Odaily, the U.S. Department of Commerce announced on Monday a proposal for detailed reporting requirements aimed at advanced artificial intelligence developers and cloud computing providers. The initiative, put forth by the Bureau of Industry and Security, seeks to ensure the safety of technology and its resilience against cyberattacks. The proposal mandates that activities related to the development of 'cutting-edge' AI models and computing clusters must be reported to the federal government. Additionally, it requires the reporting of cybersecurity measures and the outcomes of 'red-teaming' exercises, which involve testing for dangerous capabilities such as aiding cyberattacks or lowering the barriers for non-experts to develop chemical, biological, radiological, or nuclear weapons.

#USCommerceDepartment #AI #ArtificialIntelligence #CloudComputing #Cybersecurity #Regulations #ReportingRequirements #TechnologySafety #Cyberattacks #RedTeaming
πŸš€ Ether.fi To Launch Visa Cash Card In Collaboration With Scroll

According to Odaily, Ether.fi is set to introduce a new Visa cash card named 'Ether.fi Cash.' The company has also announced a partnership with Scroll, a Layer 2 network on Ethereum, to bring this credit card to the market. Ether.fi Cash allows users to utilize fiat currency while using crypto assets as collateral, enabling individuals to hold cryptocurrencies and earn rewards during everyday purchases. The card is currently in use within Ether.fi and will start shipping to pre-order customers on September 16.

#Etherfi #VisaCashCard #Scroll #Layer2 #Ethereum #CryptoAssets #FiatCurrency #Cryptocurrency #Rewards #PreOrder
πŸš€ Rabby Wallet Introduces Gas Account for USDT and USDC Transactions

According to Odaily, Rabby Wallet has announced the launch of its Gas Account feature, which allows users to utilize USDT and USDC for gas fees across all networks without the need to hold native gas tokens. Rabby Wallet explained that the mechanism involves users paying the transaction fee and the equivalent gas fee, after which Rabby Wallet transfers the gas to the user's account and submits the transaction on-chain. Notably, Rabby Wallet does not charge any additional fees for this service.

#RabbyWallet #GasAccount #USDT #USDC #CryptoTransactions #Blockchain #GasFees
πŸš€ Farcaster Founder Dan Romero to Attend FarCon Asia in Singapore

According to BlockBeats, Farcaster founder Dan Romero has confirmed his attendance at FarCon Asia, the first large-scale Farcaster ecosystem offline event in Asia. The event will be held in Singapore and will feature in-depth discussions on the future prospects and opportunities within the Farcaster ecosystem with other notable attendees.

Scheduled for September 16-17, FarCon Asia is organized by Tako Protocol, BlockBeats, and Jam. The event will take place at The Art House, a renowned venue in Singapore. The conference aims to explore and showcase the innovative achievements of the Farcaster ecosystem and the future of Web3 social interactions, challenging the traditional one-way communication format of financial crypto conferences. FarCon Asia is expected to attract over 500 participants, including Farcaster ecosystem builders, active users in Asia, venture capitalists, prominent investors, and experienced researchers.


#Farcaster #FarConAsia #DanRomero #Singapore #Web3 #CryptoConference #Blockchain #Innovation #Ecosystem #SocialInteractions
πŸš€ Snax Chain Integrates With Wormhole Ecosystem To Enhance Cross-Chain Services

According to Foresight News, Snax Chain is set to integrate with the Wormhole ecosystem to enhance its cross-chain and oracle services. This integration aims to ensure seamless network integration and facilitate multi-chain governance processes. By collaborating with Wormhole, Snax Chain's interoperability will be significantly improved, positioning it as the primary platform for Synthetix V3 governance. The new governance module will utilize cross-chain bridges to synchronize voting, results, and NFTs across all connected networks, ensuring efficient and transparent governance processes.

Snax Chain is a Layer 2 application chain designed to enhance the governance operations of Synthetix.


#SnaxChain #Wormhole #CrossChain #OracleServices #Interoperability #MultiChainGovernance #SynthetixV3 #GovernanceModule #Voting #NFTs #Layer2
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πŸš€ CoinDesk 20 Index Sees Significant Gains Led By AVAX And LINK

According to CoinDesk, the CoinDesk 20 Index has shown notable performance in its latest market update. The index is currently trading at 1766.89, reflecting a 4.2% increase, or a gain of 71.36 points, since the close of last Friday's trading session. This upward trend is observed in 19 out of the 20 assets included in the index. Leading the gains are AVAX, which has surged by 12.8%, and LINK, which has risen by 10.1%. On the other hand, LTC has experienced a decline of 4.5%, making it the only asset in the index to register a loss. XRP has also shown a modest increase of 2.9%. The CoinDesk 20 Index is a comprehensive index that is traded across multiple platforms and regions worldwide.

#CoinDesk20 #AVAX #LINK #LTC #XRP #cryptocurrency #marketupdate #indexgains #trading
πŸš€ Crypto Industry Expected To Address Real-World Issues In Three Years

According to Odaily, CryptoQuant co-founder Ki Young Ju recently stated on the X platform that investors guide the flow of funds, while entrepreneurs shape the world accordingly. He noted that due to investment mistakes, cryptocurrency and Web3 have been negatively labeled. However, venture capitalists are now funding genuine real-world solutions. In three years, cryptocurrency companies are expected to address real-world problems.

#Crypto #Cryptocurrency #Web3 #Investment #VentureCapital #RealWorldSolutions #Entrepreneurs #Funding
πŸš€ BlackRock IBIT Pre-Market Trading Volume Reaches $10 Million

According to Odaily, Trader T disclosed on platform X that BlackRock's IBIT pre-market trading volume today reached $10 million. Of this, 32% were active buy orders, while 47% were active sell orders.

#BlackRock #IBIT #PreMarket #TradingVolume #Finance #StockMarket
πŸš€ Fetch.ai Releases Mobile Wallet Update With New Features

According to Odaily, Fetch.ai has announced the release of its mobile wallet version 1.0.2 update on the X platform. This update introduces several new features, including governance proposals, auto-lock, and a new brand image reflecting the recent merger with SingularityNET and Ocean Protocol into the ASI Alliance.

The new version includes a 'governance proposals' feature, allowing users to participate in voting and track proposal history. This enhancement aims to increase user engagement and transparency within the platform. The update also brings an auto-lock feature, enhancing security for users by automatically locking the wallet after a period of inactivity. The rebranding to reflect the ASI Alliance merger signifies a strategic move to unify the platforms and streamline their services under a cohesive identity.


#FetchAI #MobileWallet #Blockchain #Governance #Security #Rebranding #ASIAlliance #UserEngagement #Crypto #FET
πŸš€ Kamala Harris Expected To Win First Debate Against Republican Candidate

According to Odaily, the second U.S. presidential debate, which is also the first involving the incumbent Democratic candidate Kamala Harris, is scheduled to air on ABC on September 10. Polymarket traders are betting that traditional polling organizations will declare Harris the winner of the debate. Additionally, an Ipsos/538 survey indicates a 75% probability that she will be perceived as the victor.

#KamalaHarris #Debate #DemocraticCandidate #RepublicanCandidate #USPresidentialDebate #Polls #Victory
πŸš€ US Stocks Continue Rally With Major Indexes Up 1%

According to BlockBeats, on September 9, market data indicates that the rally in U.S. stocks has continued, with all three major indexes rising by 1%. Leading the gains were sectors related to cryptocurrency and Nvidia holdings.

#USStocks #StockMarket #Crypto #Nvidia #MarketRally
πŸš€ Leaked Video Suggests Monero Transactions May Be Traceable

According to Cointelegraph, a leaked video from Chainalysis has raised concerns about the traceability of Monero (XMR) transactions, despite the cryptocurrency's reputation for privacy and confidentiality. The video, which has since been deleted, was accidentally leaked and shared by an anonymous source with Cointelegraph. The footage suggests that Chainalysis may have developed methods to track Monero transactions, potentially undermining the privacy features that Monero is known for.

When approached by Cointelegraph for comment, a spokesperson from Chainalysis declined to provide any statements regarding the leak. The video has also resurfaced on Reddit, posted by a user under the pseudonym _It_, who claims that Chainalysis has been tracking Monero transactions since 2021 using its own β€œmalicious” Monero nodes. The user explained that by running a large number of XMR nodes from various geographical locations and ISPs, Chainalysis could capture transaction IP addresses and timestamps. This data, combined with fake β€œdecoy” inputs, could potentially reduce the anonymity of Monero transactions.

The implications of this leak are significant, as Monero has marketed itself as a secure and untraceable cryptocurrency. The potential ability of Chainalysis to track Monero transactions could have far-reaching consequences for users who rely on the privacy features of the cryptocurrency. Cointelegraph has also reached out to Monero for comment on the situation.


#Monero #XMR #cryptocurrency #privacy #Chainalysis #traceability #anonymity #leak #Cointelegraph #blockchain
πŸš€ Particle Network To Launch Universal Accounts In Two Phases

According to Odaily, Particle Network has announced the upcoming launch of its Universal Accounts, which will be rolled out in two phases: an early access phase and a public beta phase. The early access phase is currently open for public pre-registration, while the public beta phase is set to begin in a few weeks. Approved users will be able to use the upgraded Universal Accounts, which will support multiple mainnets and additional new features.

Particle Network reported significant success during its testnet phase, attracting 1.6 million users and completing over 200 million Universal Account transactions. The project collaborated with well-known public chains such as Arbitrum, Base, and Berachain for four rounds of joint testing. Additionally, Particle Network has spearheaded the formation of the Chain Abstraction Coalition, which includes over 60 participants. The company believes that chain abstraction technology will be crucial in addressing the challenges of multi-chain navigation and has the potential to drive rapid industry growth.


#ParticleNetwork #UniversalAccounts #Blockchain #Crypto #MultiChain #ChainAbstraction #Testnet #PublicBeta #Web3 #Arbitrum #Base #Berachain #ARB
πŸš€ Ethereum L1 Protocol Revenue From Layer 2 Nearly Zero Post-Dencun Upgrade

According to Odaily, Galaxy Research has revealed on the X platform that since the Dencun upgrade, Ethereum Layer 1 protocol revenue from Layer 2 has been almost negligible.

The Dencun upgrade, which was anticipated to bring significant changes to the Ethereum network, appears to have had an unexpected impact on the revenue generated from Layer 2 solutions. This development has raised concerns within the Ethereum community about the long-term financial sustainability of the Layer 1 protocol.

Galaxy Research's disclosure highlights the need for further analysis and potential adjustments to the Ethereum network to ensure that it can continue to support and benefit from Layer 2 solutions. The findings suggest that the current structure may not be adequately capturing the value generated by these secondary layers, which are crucial for scaling and improving the efficiency of the Ethereum blockchain.


#Ethereum #Layer2 #DencunUpgrade #Blockchain #Crypto #GalaxyResearch #L1Revenue #FinancialSustainability #ETH
πŸš€ MelosBoom Launches Life Data Network Integrating DePIN and AI Technologies

According to Odaily, MelosBoom has officially launched its Life Data Network (MDLN), which combines decentralized physical infrastructure network (DePIN) and artificial intelligence technologies. Concurrently, the DePIN staking feature within the MelosBoom ecosystem has been activated, allowing users to participate in the operation of life data network nodes by staking AI Speaker (DePIN NFT) or BoomBits NFT.

In addition, MelosBoom announced the establishment of the DePIN Institute's KOL matrix, aimed at further promoting and disseminating the DePIN ecosystem. The first phase of Boom Mall's sales event is also nearing its countdown, with the platform set to introduce various high-quality DePIN hardware and NFT assets. Boom Mall platform nodes will be able to use Boom assets for payments and transactions within the platform.

Furthermore, MelosBoom will host the 'DePIN+AI Red People Pavilion' at the MR 16 venue (Level 3) during the Token 2049 main event in Singapore this September. Over ten DePIN project teams have been invited to attend and share insights on the latest developments in AI and DePIN technologies.


#MelosBoom #LifeDataNetwork #DePIN #AI #NFT #BoomMall #Token2049 #Singapore #DePINInstitute #KOLmatrix #DePINhardware #BoomBits #AISpeaker #RedPeoplePavilion
πŸš€ Bitfarms Reschedules Shareholder Meeting To Evaluate Riot Platforms' Request

According to Odaily, U.S.-listed Bitcoin mining company Bitfarms has postponed its special shareholder meeting by one week, moving it from October 29 to November 6, to reassess a revised request from Riot Platforms. Riot initially sought to acquire its smaller mining competitor in April for approximately $950 million and has since been purchasing Bitfarms' stock, becoming its largest shareholder with around 19.9% ownership.

On September 3, Riot amended its request, citing concerns over recent governance changes at Bitfarms and the proposed acquisition of Stronghold Digital ahead of the special meeting to vote on restructuring Bitfarms' board. Riot advocates for further reforms to Bitfarms' board, emphasizing the need for independent oversight and improved governance practices to enhance shareholder value.


#Bitfarms #RiotPlatforms #BitcoinMining #ShareholderMeeting #Governance #Acquisition #StockOwnership #ShareholderValue
πŸš€ Former Twitter Executives Sue Elon Musk Over Severance Pay Dispute

According to Odaily, X (formerly known as Twitter) and Elon Musk are facing another legal challenge. On September 6, three former Twitter executives, Sarah Personette, James Sullivan, and Dalana Brand, filed a lawsuit in the Northern District of California federal court. The plaintiffs allege they were wrongfully denied over $53 million in severance compensation.

The lawsuit claims that following Musk's acquisition of the company, their roles were 'substantially and irreversibly altered,' which they argue provided 'good reason' for their resignation and entitlement to severance pay.


#ElonMusk #Twitter #SeverancePay #Lawsuit #FormerExecutives #LegalChallenge #CaliforniaCourt