Latest news with #OFUYCExchange
Business Upturn
07-05-2025
- Business
- Business Upturn
OFUYC Exchange Launches Global Eco-Ambassador Program, Leading New Trend in Web3 Security Education
By GlobeNewswire Published on May 7, 2025, 16:14 IST GREENWOOD VILLAGE, Colo., May 07, 2025 (GLOBE NEWSWIRE) — As the Web3 ecosystem rapidly grows, novice users face significant security challenges. To address this, OFUYC Exchange has launched a global eco-ambassadors recruitment program aimed at promoting Web3 security education through community activities and online/offline interactions. This initiative focuses on technological innovation, education, and practical training to support the healthy development of the cryptocurrency industry and global compliance. The Importance of the OFUYC Exchange Eco-Ambassador Program OFUYC Exchange emphasizes that the long-term development of Web3 must be rooted in transparency and fairness, requiring joint industry efforts alongside exchange-level technology and compliance systems. Through the Global Eco-Ambassador Program, OFUYC collaborates with industry experts, community leaders, and developers to create a safer blockchain trading environment. Amid global market volatility, safeguarding investor funds and enhancing user trust are critical. Strengthening Web3 education and community engagement helps novice users adapt to the market, reduce risks, and promote the sound growth of the cryptocurrency industry. OFUYC: Technology Innovation and Ecological Synergy As a key player in global compliance, OFUYC Exchange not only optimizes its trading systems and security architecture but also explores new paths for Web3 ecosystem development. The Global Eco-Ambassador Program integrates technological innovation, market expansion, and security compliance. By leveraging smart contracts, Decentralized Identity (DID), and AI anti-scam systems, OFUYC lowers barriers for users entering Web3. The program also includes education, training, offline community activities, and developer support, enabling users to better understand and apply Web3 technologies. Additionally, OFUYC is expanding into emerging markets to promote blockchain adoption globally, consolidate industry advantages, and set higher security standards through compliance and education. Web3 Synergizing Security, Compliance and Ecology The growth of Web3 relies on both security and compliance. OFUYC identifies decentralized system construction as a core future trend, requiring platforms to provide a secure trading environment while enhancing user education to build public trust. As global regulatory policies evolve, compliant operations will form the foundation for sustainable cryptocurrency exchanges. Through the Global Eco-Ambassador Program, OFUYC prioritizes user safety while fostering a more transparent and compliant blockchain industry, ensuring the sustainable development of the Web3 ecosystem. 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.
Business Upturn
07-05-2025
- Business
- Business Upturn
OFUYC Exchange Introduces AI Intelligent Funds Audit, Strengthening Web3 Asset Security Protection
By GlobeNewswire Published on May 7, 2025, 16:19 IST GREENWOOD VILLAGE, Colo., May 07, 2025 (GLOBE NEWSWIRE) — OFUYC Exchange has launched its AI-driven automated fund auditing system, integrated into the OFUYC AI Core backend. This system enables real-time transaction monitoring, risk identification, and prevention of abnormal transactions, anti-money laundering (AML) risks, and malicious attacks. It also identifies potential security vulnerabilities, enhancing its fund flow monitoring capabilities. AI Intelligent Audit System: Upgrading Risk Prevention and Control By introducing the AI Intelligent Funds Audit System, OFUYC Exchange can monitor every transaction on the platform in real time and automatically identify and analyze abnormal trading patterns through machine learning technology. The AI Intelligent Funds Audit System monitors transactions in real time, leveraging machine learning to identify and analyze abnormal trading patterns automatically. Its core advantage lies in reducing errors caused by manual operations while detecting suspicious behaviors, such as large fund transfers and frequent micro-transactions. By flagging and tracking potential money laundering activities, the system ensures compliance with global regulatory requirements, creating a transparent and secure trading environment. This innovation strengthens risk control, improves platform reliability, and addresses complex security challenges in the crypto market while maintaining compliance. The Positive Impact on Industry Compliance and User Trust The AI audit system enhances transaction efficiency, protects user privacy, and ensures adherence to AML regulations. Compared to manual auditing, it offers superior accuracy and speed, conducting automated risk assessments and predicting abnormal behavior in real time. This advancement builds trust among users and institutional investors, who prioritize compliance and security. OFUYC: Innovation in Smart Money Audit to Strengthen Web3 Security With the continuous development of technology, the potential of the AI intelligent fund auditing system is far more than that. OFUYC Exchange plans to further optimize the system and introduce more intelligent functions into fund monitoring and risk identification, including automated contract auditing, intelligent cross-chain transaction monitoring, etc. For OFUYC, the introduction of AI intelligent auditing system is the continuous effort of OFUYC to commit to the security of Web3 assets, and OFUYC will continue to promote innovation to enhance the security and compliance of the platform. 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.
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.
