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Business Upturn
07-05-2025
- Business
- Business Upturn
OFUYC Exchange Reveals AI Core to Enhance the Security of the Web3 Trading Platform
By GlobeNewswire Published on May 7, 2025, 16:24 IST GREENWOOD VILLAGE, Colo. , May 07, 2025 (GLOBE NEWSWIRE) — The rise of Web3 technology has brought unprecedented innovation to decentralized platforms and smart contracts, but it is also accompanied by a large number of security risks and scams. OFUYC Exchange has deeply analyzed the evolving scam patterns in the crypto market in recent years, and proposed a response strategy through a long-term study to address the smart contract vulnerability issues that have long plagued the industry through the application of artificial intelligence. The Evolution of Crypto Market Scams Smart contracts have become the primary targets of attacks in the crypto market due to their openness, transparency, and immutability. Hackers exploit vulnerabilities or design flaws in contracts, and as the Web3 ecosystem grows, these attacks are becoming more sophisticated. Traditional auditing and manual monitoring methods are no longer sufficient to combat these threats. To address this, OFUYC Exchange has enhanced its AI Core backend system, which uses deep learning to monitor smart contracts in real time. The system automatically detects and repairs vulnerabilities, avoiding the blind spots of traditional methods. Additionally, it predicts risks based on historical data and market behavior, significantly improving the platform security capabilities. Decentralization and Security: OFUYC Reveals its Strategy While decentralization is seen as a means to secure data privacy and transactions, it also introduces new risks. Many decentralized applications (dApps) and smart contracts are prone to attacks due to design flaws, such as unauthorized access vulnerabilities or governance loopholes in decentralized autonomous organizations (DAOs). OFUYC emphasizes that decentralization alone does not guarantee security; robust technical safeguards are essential to prevent malicious manipulation. AI Core System Upgrade: Enhanced Security and Reliability The upgraded AI Core backend system provides users with accurate risk assessments and emergency response mechanisms. When abnormal transactions or potential attacks are detected, the system activates automatic protection measures, effectively preventing user asset losses. The full deployment of the AI Core system of OFUYC has enabled OFUYC to further enhance its competitiveness in the industry as well, becoming a benchmark for compliance and security in the industry. A photo accompanying this announcement is available at: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Associated Press
22-04-2025
- Business
- Associated Press
OFUYC Announces Major Team Developments, Driving Compliance in the Web 3.0 Industry
Colorado, April 22, 2025 -- OFUYC, the leading digital asset trading platform in the United States, has announced that its core team will actively participate in the development of global blockchain compliance frameworks in the coming months, further enhancing the technological and business innovation capabilities of the platform. This announcement underscores the long-term strategic direction of OFUYC in the cryptocurrency industry while solidifying its position as a benchmark digital asset exchange in the global market. A Professional Team: The Dual Engines of Innovation and Compliance The core team at OFUYC has consistently been one of the key driving forces behind its success. As the platform founder, Kylo Thomas has seamlessly integrated a profound understanding of legal compliance with blockchain technology, establishing a dual vision of leading industry transformation through technology and safeguarding platform development through regulatory frameworks. The team comprises seasoned professionals with extensive backgrounds in finance, technology, and compliance, with deep expertise in blockchain infrastructure, smart contracts, and cryptocurrency compliance. The OFUYC management team emphasized that the compliance process in the blockchain industry is essential for building trust among global users and regulatory bodies, as well as for the platform ability to expand into new markets. To this end, the team plans to continue collaborating closely with international regulatory agencies to establish clear regulations for the cryptocurrency market, while delivering a trading experience that exceeds user expectations through technological innovation. Compliance Strategy Sets the Foundation for 2024 Success Over the past year, OFUYC achieved several significant milestones, including successfully renewing its U.S. MSB (Money Services Business) license and obtaining the SEC-issued Regulation D license. Throughout its development, the team has meticulously balanced technological innovation with regulatory requirements, laying a solid foundation for the future. The team investments in technology development have complemented these compliance breakthroughs, granting the OFUYC trading platform enhanced adaptability to evolving market conditions. According to the latest data, as of publication, the total number of OFUYC platform users has approached 20 million, with monthly trading volume expected to surpass $100 billion. This rapid growth is a testament to the team ability and commitment to building a compliant cryptocurrency ecosystem. Technology-Driven Platform Upgrades To enhance platform competitiveness, OFUYC has fully leveraged the integration of AI and blockchain, bringing multiple features to market. The core technology team of OFUYC highlighted that the OFUYC AI Core trading backend serves as the cornerstone for achieving intelligent interactions and decentralized business expansion, setting a new industry benchmark. OFUYC has announced plans to continue investing in areas such as compliance, AI agents, Layer 2 scaling technologies, and Real-World Assets (RWA). This development trajectory demonstrates that OFUYC is not just a digital asset exchange but also a catalyst for global cryptocurrency advancement. Contact Info: Name: Luca Moretti Email: Send Email Organization: OFUYC BLOCKCHAIN HOLDING INC Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158229 In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.
