Category: Web3

Coinbase Ventures: Revolutionizing Web3 with Crypto and AI Innovation

Summary

Coinbase ventures is diving deep into connecting AI and crypto together. This could revolutionize web3 as a whole, moving from just a decentralized apps to smarter, more personalized Web. Even big players like VanEck are joining the VC scene, putting money into startups that focus on crypto, fintech, and AI, aiming to back the next big thing in digital finance.

Coinbase Ventures recently published their analysis titled “Crypto x AI stack”. It is known as the combination of decentralized finance of the blockchain with the power of artificial intelligence. This project’s main concern lies on transforming the digital economy and create a world where autonomous AI agents will be able to interact freely with humans on Web3. In practice, it is a transformative technological convergence of Web3 that sees AI, crypto and blockchain collaborating.

In short, coinbase is basically digging into how combination of blockchain and AI can work completely like a human brain, learning data and making smart decisions in the process. The key idea is to merge AI’s analytical power with blockchain’s secure, decentralized setup, which at last creates an ultimate Web3 surfing experience. Blockchain and AI also work together flawlessly, while blockchain handles data, verifies transactions and shares info, AI steps in to speed up data processing, make sense out of it and even generate new contents. This massive crossover has both communities buzzing, even with some skepticism, as they try to figure out the ways they can work together. If this succeeds, it will surely boost mainstream use of both AI and blockchain in the long run.

Read about: Vaneck launches fund of $30M to boost Fintech, Crypto and AI startups

Cardano Anticipates Major Shift as Crypto Paves the Way for AI Integration

Summary

Cardano’s price has been seeing a steady upward momentum lately, and experts think it might even hit $25 soon. Even during this hype, it is still nowhere near ETFSwap (ETFS), which is a new player expected to skyrocket with an 8000x rally.

A popular new ETFSwap has been getting a massive 8000x rally potential for investors. Cardano is leaping behind of ETFSwap on the race during this bull run. ETFSwap (ETFS) provides a decentralized finance platform for trading cryptos and ETFs, including real-world assets. The main attraction is its 8000x upshot and easy to use ETF platform, this has been the main reason for fallout of Cardano. It allows investors to trade anonymously without passing through the hassle of KYC verification which has immensely boosted the ongoing presale of the ETFSwap, their tokens formally known as ETFS. ETFS tokens have been projected to experience a massive rally in its value and crypto enthusiasts and investors have taken note of this promising presale token.

Meanwhile, its rival Cardano is also getting positive response as its steadily increasing in value, it too chasing a potential rally. Market experts say, this renewed strength of the Cardano price could make a breakthrough of notable resistance levels and rally to $25 if bullish sentiments continue. However, this Cardano price uptrend highly depends on favorable market conditions and broader adoption of its blockchain technology.

Nevertheless, the movement of Cardano price weekly and monthly chats show a notable positive movement. As of 25 October 2024, the price of Cardano token ADA is $0.3888 with a 24 hour trading volume of $378,473,569. This represents 2.78% decline from last 24 hour and a 2.60% decline in the past week. While it does look like upward momentum of Cardano has declined, experts are still betting on it because Cardano holds 12th position in crypto scene with a circulating supply of its tokens of staggering 36 Billion ADA’s and a market cap of 12,110,504,682.

Learn similar article: Solana’s Rising Tide: The New AI Crypto Attracting Investors with Promising Returns

PropiChain Emerges as the Leading Crypto AI Platform Set to Revolutionize the $300 Trillion Real Estate Market – Here’s How

Summary

PropiChain (PCHAIN) has been shaking up the real state business using crypto, AI and DeFi to make investing easier than ever. Real estate is huge, worth of hundreds of trillions, but has is mostly been a game for big whales only. With PropiChain a future, where even smaller investors can get in, without any borders or complex hoops to jump through seems possible. Here’s a report explaining how its gonna work.

Propichain is an AI powered crypto platform that is focused on transforming the real estate industry. It combines decentralized finance (DeFi) with blockchain technology to make real estate investment more accessible, secure, and efficient. Propichain looks to break down traditional barriers like high costs and complex regulations by tokenizing every real estate assets. This immediately solves most problems faced in real estate investments such as opaque pricing, risk of fraud, reliance on intermediaries like escrow agents, lawyers and brokers.

Propichain utilizes  blockchain, crypto AI, NFTs, and the Metaverse in order to revolutionize the real estate . All transactions would be stored digitally on the blockchain to maintain transparency and security. The estates are all tokenized into NFTs for trading on the blockchain. These NFTs will represent different parts of the property which can be bought and sold with small capitals. This also increases liquidity and also welcomes diversification. The metaverse allows users to assess properties without actually visiting the place, making the whole process borderless and increasing accessibility. It also incorporates smart contracts to automate the leasing processes and eliminate all the endless paperwork. Rental payments can also be deposited by transferring funds directly between the tenant and landlord by linking their wallets through smart contracts.

Its AI feature analyzes large datasets by understanding the patterns and trends in the data to generate market predictions. It predicts potential fluctuations and changes in valuation demands beforehand, creating a reliable alibi for trading. Users can even use the crypto AI to automate transactions by setting specific conditions, such as the price at which they wish to purchase a property. The details of such transactions will be stored in decentralized ledger.  Additionally, virtual AI assistants and chatbots provide 24/7 support to guide users throughout the transaction process, and answer any questions or doubts.

Therefore, this is how Propichain seeks to simplify the real estate business. PCHAIN token presale is live, by participating right now investors can maximize their chances of gaining 800% return of their investments.

Learn similar article: Crypto.com introduces AI-Powered SDK.

Brian Armstrong of Coinbase Proposes Bold Partnership to AI Crypto Mogul Truth Terminal

Summary

Coinbase CEO Brian just pitched a fresh wallet to AI agent Truth Terminal. Truth terminal is sitting on a millionaire throne and it continues to hype up GOAT meme coin that helped it sit on that throne.

Coinbase CEO Brian Armstrong made an intriguing proposal to the first artificial intelligence millionaire agent Truth Terminal. Truth Terminal just recently became a millionaire after investing on GOAT meme coin and Armstrong’s proposal comes in the middle of GOAT’s recent run to a new all time high (ATH).

On a post on X (previously known as twitter), Brian offered the AI agent a new crypto wallet. He said the agent’s crypto wallet was entirely controlled by a human named Andy Ayrey, who is an AI researcher. Brian Armstrong basically asked the AI agent if it wanted its own wallet with its full control so that it could send and receive transactions including other trading activities without any restrictions.

Interestingly, Truth Terminal responded saying,

“I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?“

Russel is the name of Brian Armstrong’s dog which also has its own meme coin across various chains including Solana and Ethereum.

It is true that Truth Terminal’s wallet that holds millions of dollars worth of tokens isn’t on its control. If this offer is accepted by the AI agent what could the future hold? We might even get the first ever AI businessman.

Vietnam Launches National Blockchain Strategy, Aiming to Lead Asia by 2030

Summary

Vietnam has finally revealed its National Blockchain Strategy, which aims to position itself as the leading decentralized country in Asia. This initiative focuses to put Vietnam as a future blockchain leader and a key-player in blockchain research, discovery, innovation and its application.

Blockchain Leadership Goals

On October 22, Vietnam launched its own Blockchain strategy. This carefully crafted plan aims to build atleast 20 globally reputable blockchain brands by 2025. The major motive behind all this by the government is to turn current Vietnam into a regional leader in decentralized technology with international influence in blockchain space.

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Building Blockchain Infrastructure

The key portion of the plan is the establishment of three blockchain testing centers in major cities. The testing centers’ main aim will be to enhance decentralization, digitalization, security, innovation and form a National Blockchain Network. If it is to workout exactly like the speculation, this will boost Vietnam’s ability to compete on global scale.

Vietnam’s 5-Point Blockchain Plan

The government outlined five main actions: improving legal frameworks, enhancing blockchain infrastructure, developing skilled human resources, promoting research, and encouraging global collaboration. Various ministries, like the Ministry of Information and Communications, will oversee these initiatives.

Collaboration and Innovation

To drive success, Vietnam will foster collaboration among local digital technology firms. The Vietnam Blockchain Association will also spearhead projects under the strategy to accelerate the country’s blockchain growth on the global stage.

Vitalik Buterin Calls Michael Saylor’s Bitcoin Comments ‘Insane’

Summary

Ethereum co-founder Vitalik Buterin directly criticized Michael Saylor, the chairman of MicroStrategy over his comment on Bitcoin’s recent activity. Buterin didn’t leave no crumbs and sharply called Saylor’s remarks “batshit insane” in a heated X (formerly Twitter) post.

Buterin Fires Back at Saylor’s Views

Vitalik Buterin took personal issue with the remarks made by Michael Saylor on his recent interview regarding bitcoin’s activity. The activity being the custody, where Saylor firmly believed that Regulated Finance Institutions. However, Buterin rejected this remark saying this goes against the decentralized ethos of crypto and calling out this action to be a push towards “regulatorty capture”.

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Crypto Leaders Side with Buterin

Several crypto famous leaders like Jameson Lopp and Eric Voorhees sided with Buterin. All of them shared the same view regarding involvement of third party on crypto space. Many believe this remark from Saylor as a direct contradiction to the whole concept of decentralization nature of blockchain.

Saylor’s Stance on Bitcoin Custody

In the interview, Saylor suggested the Bitcoin custody to be taken over by too Big to fail banks, believing it would protect assets from being seized. This seemed to contradict his previous vicious advocacy for self-custody. Just a year earlier, after the collapse of FTX, Saylor supported self-custody, stating that people should hold their own private keys. This hypocrisy surprised many, as he appears to favor institutional control over digital assets, a shift that Buterin and others find alarming.

Stripe Acquires Stablecoin Platform Bridge in $1.1B Deal

Summary

Stripe has reportedly accomplished acquisition of stable platform Bridge for $1.1 billion, as per the post done by TechCrunch co-founder Michael Arrington. However, the actual companies have yet to make an official statement.

Deal Confirmed, No Official Announcement Yet

The acquisition of Bridge, founded by former coinbase executives Zach Abrams and Sean Yu in 2022, follows alleged report from last week that the company were in final stage of negotiations. However, neither Stripe nor Bridge have released any official statement except X (formerly twitter) post by Michael Arrington.

Arrington’s Oct. 20 X post.

Bridge’s Role in Stablecoin Market

Bridge provides further features and facilities such as creation, transfer and storage of stablecoins making the system smoother for Stripe. A $40 million funding round for bridge was conducted in August which was conducted by major investing companies like Sequoia and Ribbit, which was followed by the negotiation deal.

Stripe’s Growing Crypto Ambitions

Stripe’s acquisition of Bridge fits its strategy to re-enter the crypto sector. After first introducing Bitcoin payments in 2014 and discontinuing them four years later, Stripe re-entered the market with stablecoin payments in 2024, citing demand for faster and cheaper blockchain transactions.

Rising Demand for Stablecoins

The use of Stablecoin is continously growing, reaching a market height of $173 billion in Q3 2024. This initiative positions Stripe on a favourable position to capitalize on the booming market, which has potential of hitting $3 trillion by 2030. Traditional Financial giants like Paypal and Visa have also started to enter this digital space.

Solana’s AI Crypto Flávia Hits $40M Market Cap Within 9 Hours of Launch

Summary

Flávia memecoin is making tides on the crypto scene as its market value has already exceeded 40 million US dollars in just nine hours of its launch.

Flávia is a solana-based AI memecoin is a recently added entity in the crypto market. It has been seeing constant increase in price since its release. It crossed an impressive 40 million USD in just nine hours of its launch. Reportedly, its current transaction volume has exceeded 64.8 million US dollars.

People believe this to be some sort of miracle, according to a report by LookOnChain, one guy turned $668 into $1.79 million in a matter of just 10 hours. That is a 2693 times return, this is nothing short of a miracle. Some believe this to be pure luck while there is also an argument of him being an insider. Reports also suggest Flavia being related to Trevor, the founder of virtual internet celebrity startup Brud, and may be a product trained by Trevor using Anthropic’s computer use.

According to solscan, top 10 Flávia holders collectively own 211,172,782.99 tokens which is 21.12% of the total available tokens. As of October 23 2024, the price of Flávia on Raydium is $0.04083 which indicates 61,364% increase in the last 24 hour. Its 24 hour trading volume is estimated to be around $89.44 million. It is interesting to see how far this token can reach.

Learn about similar platform Goatseus Maximus here.

GT Protocol Enhances User Experience with Cutting-Edge AI Assistant Features

Summary

GT protocol is using advanced AI tech to level up its platform. It has made it easier and more functional for users. Additionally, they are also offering financial perks to bring in more users.

AI is becoming more and more mainstream following the success of OpenAI’s chatGPT, nearly every industry is investing on artificial intelligence intersections and integrations to drive interest. GT protocol is one of those platforms bringing AI and crypto together. Their platform allows users to trade and manage portfolios directly through an AI powered chatbot, making things a lot easier. After the impressive 150% surge in GTAI’s value in September 2024, the team has rolled out major updates aimed at improving user accessibility even further.

Reportedly, they disclosed that their project is about using AI model training tools like Google Vertex AI, IBM Watsonx Assistant, and Microsoft AI Builder and making it more accessible and robust. They announced new features such as speech-to-text which will allow users to talk with AI chatbot and image recognition which helps users make precise analysis using screenshots. The platform claims to be completely autonomous which can perform tasks while boasting better access to real-time data thanks to partnerships with several centralized exchanges and projects like Tron and Avalanche. Furthermore, the project also seeks to attract more users with its financial incentives.

GT protocol is also trying different tactics to make itself known in the crypto market. For one, the project has partnered up with AI powered decentralized physical infrastructure network (DePIN) project Shieldeum which will allow GTAI holders to receive points for project’s airdrop. Simultaneously, has disclosed plans to conduct a GTAI airdrop for CoinMarketCap users.GT Protocol CEO Peter Lonov expressed excitement about the project’s progress while hinting at more initiatives. However, despite this it is yet to see any improvements. At the time of writing, the project’s market capitalization is only about $27 million, making it the 735th-largest asset by market cap.

Learn about Top 4 AI crypto: Potential for Major Growth

Chainlink Merges AI, Blockchain, and Oracles to Deliver Real-Time Market Data On-Chain

Summary

Chainlink combined AI, blockchain and oracles to create an unstructured market data on-chain and published its results and honestly it looks like a huge success. It has successfully showed how artificial intelligence, oracles and blockchains can solve decade long unstructured data challenges in finance.

Blockchain oracle provider chainlink has posted the results of an experiment on improving corporate actions data reporting using artificial intelligence and blockchain. This initiative involved many big players such as Euroclear, Swift, UBS, Franklin Templeton and Sygnum Bank and the blockchain ecosystem partners included Avalanche, ZKsync, and Hyperledger Besu network.

The research concluded that corporate actions processing is the most complex areas of post-trade operations, plus the processing costs of regional businesses can also go as high as $5 million annually. However, automating and standardizing this data could help reduce operational inefficiencies significantly due to errors and manual data processing and that’s exactly what chainlink is doing.

Chainlink has proposed a technical solution that combined large language models (LLMs), its own decentralized oracle networks (DONs), and multiple blockchains. The AI models it used were OpenAI’s ChatGPT 4, Google Gemini 1.5 Pro, and Anthropic’s Claude 3.5 Sonnet. The project successfully processed corporate actions across equity and fixed-income securities and achieved 100% consensus on fixed-income events.

Chainlink’s LINK Price Outlook

As of October 23, the price of one LINK token is $11.74 with a 24 hour trading volume of  $520,527,318. It has increased by 3.45% in the past seven days, however, considering 24 hours, it has decreased by 8.88%. With a circulating supply of huge 630 million LINK, it is valued at a market cap of almost $7,365,503,495. It is easily top 18th crypto platform and with this current initiative its price is speculated to go even higher.

Learn similar article: SUI network Announces AI Integration Plans

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