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Near plans AI chatbot to help users code decentralized apps

NEAR Protocol has introduced an innovative AI chatbot designed to simplify the process of coding smart contracts. This groundbreaking tool aims to make blockchain technology more accessible by enabling users to create and deploy smart contracts with minimal coding knowledge.

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NEAR Protocol has introduced an innovative AI chatbot designed to simplify the process of coding smart contracts. This groundbreaking tool aims to make blockchain technology more accessible by enabling users to create and deploy smart contracts with minimal coding knowledge.

The AI chatbot, leveraging natural language processing (NLP), allows users to interact with the system using plain English. By translating user commands into executable smart contract code, the chatbot removes the technical barriers that have traditionally restricted blockchain development to those with advanced programming skills.

Illia Polosukhin, co-founder of NEAR Protocol, highlighted the significance of this development. “Our goal with the AI chatbot is to democratize access to blockchain technology. By enabling users to write smart contracts through simple conversations, we can significantly lower the entry barriers and accelerate the adoption of decentralized applications,” Polosukhin stated.

The chatbot operates on the NEAR blockchain, known for its scalability and developer-friendly environment. This integration ensures that the smart contracts created through the chatbot are secure, efficient, and ready for deployment on a high-performance network.

One of the key features of the AI chatbot is its ability to guide users through the entire process of smart contract development. From drafting initial contract terms to testing and deploying the final product, the chatbot provides real-time assistance, ensuring that even those new to blockchain can successfully create functional smart contracts.

The introduction of this AI tool comes at a crucial time as the demand for decentralized applications (dApps) continues to grow. By simplifying the development process, NEAR Protocol aims to attract a broader audience of developers and entrepreneurs to its platform, fostering innovation and expanding the ecosystem.

In addition to easing the development process, the AI chatbot is expected to enhance the security and reliability of smart contracts. By using AI to standardize and verify code, the tool can help identify and prevent common errors that could lead to vulnerabilities or malfunctions in the contracts.

NEAR Protocol’s AI chatbot represents a significant leap forward in making blockchain technology more user-friendly. It aligns with the broader industry trend of integrating AI to improve usability and accessibility in tech development. As more users are able to participate in blockchain creation, the potential for innovative applications across various sectors is expected to increase.

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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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