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PancakeSwap launches AI-powered prediction market on Arbitrum

PancakeSwap, a leading decentralized exchange (DEX) on the Binance Smart Chain (BSC), has introduced an AI-powered prediction market on Arbitrum, marking a significant expansion into Layer 2 solutions for enhanced scalability and efficiency.

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PancakeSwap, a leading decentralized exchange (DEX) on the Binance Smart Chain (BSC), has introduced an AI-powered prediction market on Arbitrum, marking a significant expansion into Layer 2 solutions for enhanced scalability and efficiency.

The new AI prediction market on Arbitrum aims to leverage advanced machine learning algorithms to forecast outcomes in various categories, including sports, entertainment, and financial markets. This initiative is set to enhance user engagement and broaden the utility of PancakeSwap’s platform beyond traditional decentralized trading.

Arbitrum, known for its low transaction fees and faster processing times compared to Ethereum’s mainnet, provides an ideal environment for PancakeSwap’s AI prediction market to thrive. By operating on Layer 2 technology, PancakeSwap seeks to mitigate network congestion and offer users a seamless and cost-effective prediction market experience.

The integration of AI into the prediction market represents a strategic move by PancakeSwap to innovate within the decentralized finance (DeFi) space, attracting a diverse range of users interested in speculative markets and machine learning-driven predictions. This expansion underscores PancakeSwap’s commitment to pushing the boundaries of decentralized applications (dApps) and fostering innovation in blockchain technology.

As PancakeSwap continues to develop its AI prediction market on Arbitrum, stakeholders and enthusiasts anticipate increased adoption and participation in decentralized prediction markets. The initiative not only showcases the potential of AI in enhancing DeFi platforms but also highlights the growing synergy between blockchain technology and advanced data analytics.

Looking ahead, PancakeSwap plans to roll out additional features and enhancements to its AI prediction market, aiming to solidify its position as a pioneer in decentralized applications on Layer 2 solutions. The launch on Arbitrum represents a pivotal step towards offering scalable and user-friendly prediction markets that cater to the evolving demands of the global crypto community.

In conclusion, PancakeSwap’s introduction of an AI prediction market on Arbitrum underscores its commitment to innovation and scalability in decentralized finance. The integration of advanced machine learning capabilities sets a precedent for the future of predictive analytics within blockchain-based platforms, positioning PancakeSwap at the forefront of decentralized prediction markets.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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