Shining Light on WSJ’s Attack on ShapeShift and Crypto 2320

Erik Voorhees is among the top-recognized serial Bitcoin advocates and entrepreneurs. He founded ShapeShift in August 2014 as an elegant, secure, and fast solution to digital asset exchanges. Erik has been a featured guest on Bloomberg, Fox Business, CNBC, BBC Radio, The Peter Schiff Show, and numerous blockchain industry conferences. His past affiliations include: BitInstant, Coinapult, and SatoshiDICE, which was responsible for most of the world’s Bitcoin transactions in 2012 and 2013.

Post Synopsis

  • ShapeShift has been the subject of claims from the Wall Street Journal related to money laundering
  • We have worked with the journalists for 5 months under false pretenses
  • The WSJ omitted relevant information
  • The WSJ forwent a chance to prevent potential illicit activity
  • ShapeShift is designed to protect users and their privacy and we do not transact in fiat
  • We publish every single transaction conducted on the platform, making all of them traceable
  • The authors do not have a sufficient understanding of blockchains and our platform in particular
  • The claims made are factually incorrect and deceptive
  • ShapeShift has an industry-leading compliance and AML program
  • We’re here to build a better financial system

ShapeShift has been the subject of claims from the WSJ related to money laundering

This past Friday (9/28), two reporters at the Wall Street Journal (WSJ) published an article, “How Dirty Money Disappears Into the Black Hole of Cryptocurrency.”

The article begins as follows: “A North Korean agent, a stolen-credit-card peddler and the mastermind of an $80 million Ponzi scheme had a common problem. They needed to launder their dirty money. They found a common solution in ShapeShift.”

The article then describes the WSJ’s attempt to analyze two years of blockchain data, concluding (wrongly) that $9m was laundered through the ShapeShift platform. The article singled-out ShapeShift and implied that the company is a bastion of illicit activity because it hadn’t previously required user information–despite that same data showing that other exchanges (which did take user information) had similar figures.

Overall, the article contains factual inaccuracies, omits significant details about how ShapeShift operates, and reflects a fundamental misunderstanding of how blockchain transactions work.

We have worked with the WSJ for 5 months under false pretenses

The WSJ reporters reached out to us months ago asking for friendly assistance on a piece about the crypto industry in general. Over a period of five months, we were open and accommodating of their questions while in contrast they misrepresented their intentions until very recently. Of the many things I communicated with them over the past months, they included not a single statement from those lengthy discussions, preferring instead to include out-of-context remarks I’d made elsewhere.

The WSJ omitted relevant information

Let’s instead look at the actual facts, which ShapeShift shared with the WSJ through multiple phone calls, in-person meetings, and emails, but the WSJ decided to exclude from their article; facts such as:

  • $9m (even if it was true) is 0.15% of ShapeShift’s exchange volume during the described time period;
  • We have a strong record of complying with law-enforcement requests, providing valuable assistance in over 30 investigations in 13 different countries all over the world;
  • We work with other exchanges on an almost-daily basis to identify and block thieves and criminals, through a self-policing group ShapeShift created to protect the users and industry;
  • We block entire countries on the sanctions lists;
  • We have an internal anti-money laundering program that uses blockchain forensics that are far more advanced (and we would argue, effective) than asking someone for their “name and address”;
  • We blacklist suspicious addresses upon learning of them.

There is no mention of any of this in the WSJ article.

The WSJ forewent a chance to prevent potential illicit activity

The WSJ reporters withheld information for months about suspicious accounts in order to build their story, rather than communicating it to the appropriate exchanges and ShapeShift immediately so that funds could be frozen or blocked. It is likely victims of these thefts lost their chance to recoup some of the funds due to this opportunism.

ShapeShift is designed to protect users and their privacy and we do not transact in fiat

Unlike most other exchanges, ShapeShift is a crypto-to-crypto, non-custodial platform. We don’t take custody of user funds, but instead swap our own assets for theirs, at a set price. We don’t touch fiat currency, so users cannot swap their dollars/euros/yen for our Bitcoin/Ethereum/Dogecoin. Not a single dollar, euro, or yen has ever been laundered through ShapeShift. It can’t be done.

We publish every single transaction conducted on the platform publicly, making all of them traceable

From ShapeShift’s beginning, it has had a unique model — one which respects user privacy, and yet one which is transparent about all transaction details. To date, ShapeShift remains the only financial company in the world that publishes all transactions that go through its platform. It was this very feed of public information which the WSJ relied upon. Perhaps the irony is lost on the WSJ, but the WSJ would have been unable to do this kind of investigation with any other crypto exchange, because they aren’t transparent in this way.

The WSJ did not have a sufficient understanding of blockchains and our platform in particular

Blockchains and cryptocurrency represent a new, fast-evolving technology and industry. For those who are not real experts, it can be confusing. And the WSJ reporters appear to have gotten confused about how our platform functions. Based on our own analysis of the transactions cited in the article, the WSJ erroneously attributed vast sums of allegedly illicit transactions to ShapeShift in a way that exhibits a profound failure to grasp how blockchains, in general, and our system in particular, really work.

The claims made are factually inaccurate and deceptive

For example:

1) The authors allege this address is a suspicious person. 1AE2cBJDn4cuLCR6RPESpqdaDXdZwhgUya

2) On 9/20/17 this person sends 0.0959 BTC ($600) to another address, which is an exchange (someone other than ShapeShift) 18G8Mf61kFFDt9AVLUdvh1xTUYrLDny6T4

3) Nearly a year later, on 7/13/18 this 18G8 address sends a batch transaction out of its wallet. As part of the batch, 11 BTC ($70,000) is sent to ShapeShift’s address:
1NSc6zAdG2NGbjPLQwAjAuqjHSoq5KECT7 This 11 BTC is not a user sending funds to ShapeShift, it is one of our exchange partners sending BTC to us.

In other words, $600 of suspicious funds were sent to an exchange that wasn’t ShapeShift. Because ShapeShift happens to be a customer of this same exchange–10 months later in a completely unrelated transaction–the exchange sent funds to ShapeShift. The authors didn’t understand how to properly read the blockchains transactions, so they assumed there was $70k in “dirty money” sent to ShapeShift.

Allegation: $70,000 laundered by ShapeShift
Reality: $0 laundered by ShapeShift

We’ve found numerous other examples. We asked the WSJ to send us the specific transaction ID’s that they are claiming as received by ShapeShift, but the analysis we’ve been able to do thus far indicates the WSJ has made wildly inaccurate assertions. As of this writing, the WSJ has been unwilling or unable to send the requested transaction data necessary for us to do a more fulsome analysis of their assertions.

ShapeShift has an industry-leading compliance and AML program

Contrary to the portrayal in the WSJ piece, ShapeShift has always sought to comply with those laws that apply to its unique business model. Crypto being a new technology and the Bank Secrecy Act being a relatively old law, there are rational and strong legal arguments that ShapeShift is not subject to the “Know Your Customer” rules found in the BSA. Indeed, in part because of this legal uncertainty, we have sought clarification from regulators and have implemented KYC in the interim. That is, despite the fact that ShapeShift operates in a world of unclear and changing regulations, we have built an industry-leading compliance program:

  • We have been working with inside and outside legal counsel for years in addressing regulation appropriately, particularly in the US and Switzerland
  • We have an industry-leading Anti-Money Laundering compliance firm checking all our transactions
  • We have a Chief Legal Officer with 20 years of regulatory experience at leading law firms
  • We have a Chief Compliance Officer with 6+ years of compliance experience
  • We monitor addresses on our blacklists to prevent known illicit transactions
  • We have announced mandatory KYC for all users of ShapeShift

All of the above was done upon thorough, thoughtful, and extensive legal and business-risk analysis in the interest of mitigating perceived threats.

We’re here to build a better financial system

The WSJ article’s implication that ShapeShift is somehow negligent or complicit on this issue of money laundering is false and absurd; emblematic of a media industry that cares more about clickbait sensationalism than it does about improving the financial state of mankind. But we should not expect the Wall Street Journal to change Wall Street.

An objective observer will find no complacency here; ShapeShift’s record (based on facts) compares favorably against any peer, within the crypto industry or without.

Ultimately, we are trying to pioneer a new financial system, and we don’t expect to be loved by the proponents of the old. That’s understandable. Yet ShapeShift has always been in favor of complying with the laws of the jurisdictions in which it operates, even though many of these laws are unclear, ever-changing, contradictory, and in some cases ineffective.

We will push forward, and we’d suggest the WSJ change their title to be more accurate and objective, “Less than two tenths of one percent of ShapeShift’s business might be illicit.”

-Erik Voorhees
CEO ShapeShift

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Dora Announces Progression Into A Unified Multichain and MultiVM Explorer 4163

Dora 2.0 Update Allows searchability across 10+ chains alongside bridging, and swapping across all supported chains & expansion into new VM ecosystems

Dora, the unified search, discovery, & action engine for the multichain world, is excited to announce a series of significant upgrades to its services, which will provide Dora users with a unified search view, and actions interface to enable bridging and swapping for more than 10 chains, including Ethereum, Base, Rari, Xai, Palm Network, Gnosis, Scroll, and more. Current blockchain services can be highly siloed, with significant barriers or friction for interoperability, innovation and liquidity. The launch of the Dora 2.0 Update is a key step in Dora’s vision to support the progression towards a multichain and multiVM world by providing an unfragmented and unified multichain experience. Due to Dora’s recent agreement with Movement and Fluent, Dora will also progress to be the first multiVM block explorer. This will make Dora the only block explorer that allows users to not only search EVM chains but also review their SVM, Wasm, and Move interactions within the same interface, streamlining the user experience and reducing the complexity of managing and reviewing transactions.

The announcement encompasses three key updates:

  • Dora Search – Unified Multichain Search Capabilities: Dora 2.0 allows Dora to seamlessly integrate new chains into their platform, progressing Dora from a single chain search engine to a unified multichain discovery engine, with initial support for over 10 chains.
  • Dora Actions – Multichain, bridging, and swapping: Dora 2.0 will provide Dora users a unified interface for onchain actions, called Dora Action. This will support bridging, and swapping across all chains that integrate with Dora, providing a seamless user experience.
  • Dora Profiles – Multichain Portfolio View: Starting in Q3 2024 Dora 2.0 will offer users visibility on all their transactions, collections and interactions across the multichain world in one unified view.
  • Dora MultiVM Discovery Engine & Block Explorer: Starting in Q3 2024, Dora 2.0 is expanding into new Virtual Machine Ecosystems such as Move with Movement, and SVM & Wasm with Fluent, becoming the first unified MultiVM block explorer & search engine.

“Dora 2.0 is a key step in our vision to provide an unfragmented and unified multichain and now multiVM experience,” said Bunny, CEO and Co-Founder of Dora. “We believe that mass adoption of crypto is contingent on reducing the barriers and frictions between the constantly growing number of chains. Users should be able to access any ecosystem they want without having to undertake the technical complexities to get onboarded into a new chain. We look forward to continuing to expand the number of chains supported on Dora in the coming weeks and months, and continuing Dora’s expansion into multiVM with Movement, Fluent, and other virtual machines .”

As part of the Dora’s new capacity for multichain bridging, minting and swapping, Dora is proud to partner with Privy as a wallet service provider and Decent for the execution of cross-chain swaps and transactions.

“Dora is consistently on the cutting edge of crypto, and they pioneered the first multichain block explorer with real-time latency. This was a generational leap ahead for the industry but especially so for a few groups – in particular, we’ve heard from many gaming and NFT customers that those 2 qualities are especially important when it comes to how they build their product and community. We are excited to expand into the MultiVM world with them.” Kevin Li, Goldsky CEO & Co-Founder

“At SimpleHash, we strongly believe that Dora is at the forefront of the crypto world, leading the charge with a superior user experience and being multichain native – their values align with ours, which is why we’re so proud to support them,” said SimpleHash Founder, Olly Wilson. “They’re doing important work to make navigating the world of crypto and onboarding the next wave of a billion users easier. We look forward to continuing our work into new VM ecosystems like Movement & Fluent.”

The announcement follows Dora’s recent closure of a $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap.

About Dora

Dora is the Unified Discovery Engine for the Multichain World. We collaborate with a multitude of blockchain networks and rollup teams to provide comprehensive block explorer and search solutions. Our mission is to enhance the accessibility of on-chain data through innovative search capabilities, driving discovery and mass adoption of blockchain technology.

For more information, users can visit about.ondora.xyz

Masa Launches LLM-Powered AI Data Subnet on Bittensor, Bringing Hundreds of Developers into the Ecosystem 4901

Masa also becomes the first live token in the Bittensor Subnet Ecosystem, introducing a new dual-token reward structure to incentivize contributors and democratize AI development.

Masa, a decentralized AI network where people earn by contributing data, today announced the launch of an AI Data Subnet on Bittensor, a protocol pioneering the decentralized production of artificial intelligence. Masa will leverage Bittensor’s peer-to-peer machine intelligence network to supercharge AI data aggregation, transformation, and access. Together, this empowers a world of Fair AI powered by the people, where AI developers can build anything, anywhere with the world’s data.

The AI sector of the crypto industry is projected to reach $10.2 billion in revenue by 2030, according to a research report from VanEck, while centralized AI has a projected market share value of $1.8 trillion by 2030. However, there is a clear demand for decentralized players, as the essential components of AI including compute, models, and data, should not be monopolized by centralized entities.

Value Proposition of the Masa Bittensor Subnet

Bittensor has amassed a $10 billion AI ecosystem since its launch in March 2023. Institutional validators, such as DCG subsidiary Foundry and Polychain, collectively staked a total of 5.7 million – or $1.8 billion worth of – $TAO. Bittensor operates through a central network consisting of smaller, specialized sub-networks, each dedicated to different areas of AI. With its sophisticated TAO economic model that incentivizes the production of high-value AI subnets, Bittensor is a significant player in the DeAI space.

Masa enables people from all over the world to contribute data and compute to AI development, without centralized control. Masa allows AI developers to build anything, anywhere with the world’s data. It facilitates the fair, open, and permissionless contribution of AI training data, compute, and bandwidth.

Similar to Bittensor’s incentive mechanism, Masa contributors – validators and workers – are rewarded based on the value of their contribution to the network, using game-theoretical frameworks that optimize a contributor’s utility on the network. This ensures an effective system that uses economic incentives to drive growth and the equitable expansion of Fair AI.

The Masa Bittensor Subnet provides real-time and static, structured, annotated, and vectorized data from a variety of data sources critical for AI development, such as X (Twitter), Discord, diarized speech (e.g. podcasts, YouTube, TikTok), gated web data (e.g. New York Times), and public web data (e.g. Google Search).

Real-time data can be used to build robust datasets or directly in system prompts for current context. Static data sets are constantly updated and stored by subnet workers for further processing into vectors to fuel Retrieval Augmented Generation (RAG) in AI agents. These data sets are processed and annotated using agentic data pipelines that employ fine-tuned LLMs trained on JSON and other formats to deliver high-quality outputs from volatile data inputs. AI developers have been using Masa data for a wide range of use cases, such as capturing trading signals and building hyper-personalized AI companions.

The Masa and Bittensor communities can participate using low-power devices to run a Masa worker node from laptops, servers, or future mobile devices by contributing compute and bandwidth from anywhere in the world.

$MASA Joins Bittensor Subnet Ecosystem as First and Only Live Token

Masa’s token, $MASA, now becomes the only live token for any subnet in the Bittensor ecosystem. In addition, Masa Protocol and Masa Bittensor Subnet validators and workers can earn dual-token staking rewards in $MASA and $TAO. Masa Foundation-owned TAO from operating the subnet will be used to support $MASA through buybacks or distributions as part of the emissions schedule.

Masa was the first AI project to debut on CoinList in 2024 via a 17-minute public sale in March. Over the last 2 years, Masa has grown to over 1.6 million contributors and over 100 developers in its network, where individuals earn by contributing data. Masa’s ecosystem of contributors, developers, and validators is expected to significantly enhance Bittensor’s performance and utility.

“As an early crypto builder and adopter who participated in Ethereum’s ICO in 2014, Bittensor reminds me of Ethereum’s ecosystem circa 2017,” said Brendan Playford, Co-founder of Masa. “While Bittensor is still in its early days, it has the potential to surpass Ethereum’s growth, fueled by the rapid expansion of Decentralized AI. DeAI has the potential to become even bigger than Bitcoin. At Masa, we are integrating into the Bittensor ecosystem to exponentially accelerate the development of Decentralized AI, with data serving as the new currency of Fair AI.”

To date, Masa has raised $18 million backed by DCG, Anagram, Republic Digital, Animoca, and was incubated by Binance and Hashkey.

“The launch of Masa’s subnet underscores the growing momentum in decentralized AI. We proudly support Masa as they advance both decentralized and broader AI development, which aligns deeply with our belief in the power of decentralized technologies,” said Evan Malanga, VP Strategy at DCG.

To participate in the Masa Bittensor Subnet, users can visit Masa’s website.

About Masa

Masa is a decentralized AI network, where people earn by contributing data. AI developers can build anything, anywhere with the world’s data. Users are welcome to join Masa’s mission to create Fair AI, powered by the people.

The Canton Network’s Global Synchronizer and Canton Coin Go Live 6173

Leading market participants powering the Canton Network proudly announce the go-live of the Global Synchronizer, the Canton Network’s decentralized interoperability infrastructure. This launch marks a pivotal step towards unlocking the full potential of synchronized financial markets, providing first-of-its-kind connectivity for the tokenization and frictionless exchange of regulated financial assets and liabilities. The Global Synchronizer is going live after ten years of technological development, nearly a year of extensive testing— including powering the recent Canton Pilot program—and following each of the anchoring Network participants, known as super validators, voting in favor of the launch.

There is a growing industry need to deliver near-term efficiencies for the highest concentrations of tokenized assets, while also facilitating new opportunities as more applications and liquidity are brought on-chain. Canton Network delivers on both value propositions: it features the highest number of live use cases of real-world assets and is the only network that can handle the on-chain privacy, control, and interoperability of participants and their corresponding asset flows.

Organizations are engaging in the Network in a range of ways—including running a super validator, running a node, joining the Global Synchronizer Foundation, or running an application on the Network. Current participants in these various points of engagement include: 7RIDGE, Bitwave, Brale, Broadridge, Calastone, Copper.co, Cumberland DRW, Dfns, Digital Asset, EquiLend, Global Blockchain Business Council, Gravity Team, Hashnote, Hidden Road, Hydra X, InfStones, IntellectEU, Kaleido, LendOS, Liberty City Ventures, MPCH, Obsidian Systems, Ownera, QCP, SBI Digital Asset Holdings, Taurus, The Tie, Tradeweb, Validation Cloud, XBTO, XVentures, and Zodia Custody.

Revolutionizing Financial Connectivity

For the first time, market participants can harness the power of synchronized financial markets through the Global Synchronizer. The Global Synchronizer enhances interoperability on the Canton Network, an innovative public-permissioned blockchain network designed with the privacy and controls essential to facilitating the exchange of regulated financial assets. The Global Synchronizer is operated and governed in a decentralized manner, with internet-like scalability, ensuring that no single party controls the service and there is no single point of failure; thereby harnessing the benefits of decentralized finance. This transformative infrastructure is set to revolutionize the way financial transactions are conducted, offering enhanced efficiency, reduced operational costs, and minimized risks.

“Canton Network participants have taken a long-term strategic view on what was needed to enable the modernization of synchronized global capital markets,” said Yuval Rooz, CEO and Co-Founder of Digital Asset. “Industry-leading firms have convened over the past year for the initial launch and subsequent testing of the Canton Network. We are excited to see the governance and incentive mechanisms in place to facilitate the adoption and use of the Network as it goes live.”

Open Governance with Linux Foundation and the Global Synchronizer Foundation

In conjunction with the Global Synchronizer’s operational go-live, the Linux Foundation is supporting the Global Synchronizer Foundation as an official project. The Global Synchronizer Foundation is an independent U.S.-based entity composed of forward-thinking market participants dedicated to ensuring that the Global Synchronizer is governed transparently in a decentralized manner with organizational neutrality to maintain its integrity. The Linux Foundation will support the Global Synchronizer Foundation under an open governance model that fosters trust and neutrality.

Introducing Canton Coin: Accelerating Connected Capital Markets

The Global Synchronizer includes a utility token, called Canton Coin, which is used to pay traffic fees for using the Global Synchronizer. Canton Coin can be minted by app builders and infrastructure providers who bring utility to the Global Synchronizer ecosystem, marking the first time a public network has rewarded both infrastructure providers and app developers. It is designed to incentivize third parties to build applications utilizing the Global Synchronizer, rewarding connections that accelerate connected capital markets. Network participants can use Canton Coin for Canton-native operations between participants and across applications globally on a 24×7 basis.

Hyperledger Splice: The Springboard for Additional Decentralized Infrastructure on the Canton Network

The Global Synchronizer is the first decentralized infrastructure for the Canton Network. To encourage additional infrastructure development, Digital Asset has open-sourced the core technology for decentralized Canton synchronization domains, including a native utility token– the same technology that powers the Global Synchronizer and Canton Coin. The technology is maintained by Hyperledger Labs under the name Splice to ensure that anyone seeking to set up their own decentralized synchronization domain for the Canton Network can do so freely.

About the Canton Network

The Canton Network is the financial industry’s first and only public chain that can achieve on-chain privacy, control, and interoperability, making it the most suitable network for institutional assets. The Network launched for testing with the participation of a group of leading financial institutions, infrastructure providers, technology firms, and consultants in August 2023. Initially built upon Digital Asset’s technology, the Network’s controls, governance, and app development have been open-sourced and decentralized to be managed by all participants, with the goal of fostering greater innovation and Network utility. The Canton Network’s design overcomes the shortfalls of existing blockchain networks by enabling previously siloed systems in finance to become interoperable and synchronized in ways that had been impossible before. Offering the privacy and controls required for highly regulated organizations, the Canton Network creates a safe environment in which assets, data, and cash can move freely across applications in real-time, unlocking new efficiencies and powering innovation.

Raiinmaker Brings Decentralized AI Network to Life With Mainnet Launch 7160

Raiinmaker, the Web3 and AI technology company, has today launched on Mainnet, introducing advanced security features, enhanced scalability, and improved interoperability with other blockchains to its AI-powered network.

The launch of the Mainnet follows the completion of a successful testnet. This phase saw unprecedented participation with more than 100,000 Raiinmaker AI Super App mobile users now training generative AI directly from their iOS or Android phones and earning fractional rewards based on the value of their contributions to decentralized AI models and infrastructure. In the three months since its testnet launch, Raiinmaker app users have minted 120,000 NFTs and generated 270,000 pieces of AI art. Additionally, the network boasts 300,000 total desktop users and 215,000 independent validators, with more than 19 million transactions made on the network to date, and 57,000 users signed up with verified KYC.

J.D. Seraphine, CEO and Founder of Raiinmaker, said: “The Raiinmaker Mainnet launch marks the true awakening of a decentralized AI network powered by humans. We saw unprecedented participation in our testnet phase, a sign of not only the widespread interest in compelling AI programs, but also validation for Raiinmaker’s vision to reward people fairly for their contribution to shaping the future of AI. This technical milestone sets us up to spread this mission across more networks and to positively impact the lives of more people.”

At the same time, Raiinmaker welcomes accomplished senior executives Jennifer Booze and Wyatt Hilkene to its team. Joining from Polygon Labs, where she served as Global Head of Business Development, Booze previously held senior roles at leading technology companies such as Apple, Oracle Data Cloud, and TikTok, as well as Sequoia-backed Drawbridge. In her new role as Head of Business Development & Partnerships, she will be responsible for driving business growth as Raiinmaker enters a new chapter post-Mainnet launch.

Commenting on her appointment, Jennifer Booze, new Head of Business Development & Partnerships at Raiinmaker said: “I’m thrilled to join Raiinmaker at this transformative moment when decentralized AI is reshaping our future. Raiinmaker is at the forefront, driving innovation that not only advances the field but also incentivizes participation, enabling a model to learn and evolve in a democratized manner.”

In addition, Hilkene has been named Head of Operations at Raiinmaker. He has more than 10 years of experience in building pioneering networks and products focused on the interplay between the physical and digital worlds. Prior to his time at Raiinmaker, Hilkene served as Director of Operations at 4K Protocol, a venture-backed RWA protocol, where he spearheaded 4K’s operations and Web3 strategy.

Wyatt Hilkene, Head of Operations at Raiinmaker commented, “Joining Raiinmaker at this pivotal moment is incredibly exciting. I have tremendous faith in the exceptional team and technology behind Raiinmaker and I am honored to join its ranks. The Raiinmaker network’s potential to drive innovation and widespread adoption of both AI and blockchain is unparalleled. I look forward to helping lead the team through our Mainnet launch and beyond.”

This is the latest in a string of high-profile announcements for Raiinmaker, who unveiled its $7.5 million seed round earlier this year.

For more information, visit raiinmaker.com.

J.D. Seraphine, Jennifer Booze, and Wyatt Hilkene are available for interview upon request.

About Raiinmaker

Raiinmaker is accelerating the next generation of Web3 utilizing decentralized AI and a human-powered network.

Raiinmaker’s distributed AI training network integrates the scalability of Web3 with decentralized AI, redefining value creation based on digital identity, behavior, and reputation. Powered by the Raiinmaker Network, the Raiinmaker AI Super App boasts more than 100,000 users and aims to revolutionize the monetization of users’ contributions to AI infrastructure across sports, gaming, and entertainment by equipping users with the ability to train AI from their smartphones. The app also provides seamless integration for users with native Web3 features including Identity Verification, NFT Minting, Token Creation, and AI-Powered Smart Contracts.

Learn more at www.raiinmaker.com.

Navigating the World of Algorithmic Trading: MoonTrader Terminal 7308

In today’s volatile financial markets, staying ahead requires embracing cutting-edge strategies. This is where algorithmic trading comes in, utilizing advanced algorithms to make trading decisions faster and more frequently than humans can. Leading this transformation is MoonTrader, offering an innovative auto-trading system designed to revolutionize trading methods.

The MoonTrader terminal represents the pinnacle of automated algo trading. It uses complex algorithms to execute trades based on carefully defined criteria, optimizing performance and eliminating the emotional biases often found in manual trading.

Key Features

  • User-Friendly Interface: MoonTrader’s interface is easy to use, catering to both beginners and experienced traders.
  • Customizable Algorithms: Tailor the algorithms to match your trading style and risk tolerance, whether you’re a quick day trader or a patient long-term investor.
  • Real-Time Market Monitoring: Constantly analyzes market conditions and adapts strategies to maximize profitability.
  • High-Speed Execution: Executes trades within milliseconds, seizing every market opportunity.

Benefits of Using MoonTrader’s Automated Trading

  • Increased Efficiency: Automates trading processes, reducing the need for constant market monitoring.
  • Enhanced Accuracy: Algorithms eliminate human errors, ensuring flawless trade execution.
  • 24/7 Trading: Capitalize on market opportunities at all times, even when you’re away.
  • Advanced Risk Management: Utilize sophisticated risk management protocols to protect capital and maximize returns.

Sophisticated Strategies within the MoonTrader Terminal

For experienced traders, MoonTrader offers the chance to create custom algorithms tailored to their unique strategies. Some advanced methodologies include:

  • Averages Strategy: This method evaluates the average price over a specified time frame and capitalizes on mean reversion by buying when the price dips below the average and selling when it rises above it.
  • Shots Strategy: Engages in short-term trading by buying during sharp price declines and selling during rapid rebounds, profiting from fleeting price oscillations.
  • Depth Shots Strategy: An enhanced version of the Shots strategy, incorporating additional data analysis for precise entry and exit points based on deeper market insights.

Getting Started

Integrating MoonTrader’s auto-trading into your routine is a straightforward process. Visit MoonTrader’s official site to explore features, pricing, and setup guidelines – https://www.moontrader.com/. The platform provides comprehensive support and resources to help you set up and customize trading algorithms effectively.

Conclusion

As financial markets continue to evolve, refining your trading strategies is essential. MoonTrader’s auto-trading offers a powerful solution to enhance trading performance with unmatched speed, precision, and efficiency. By embracing advanced strategies such as Shots, Depth Shots, and Averages, you can tailor your trading approach to your specific needs. Step into the future of trading and explore the endless possibilities with MoonTrader today.

TedAI Democratizes Access to AI and Blockchain with Accessible Education and Engaging Tools 9720

Fueled by a recent surge in global AI investments, exceeding $90 billion in 2023 alone, TedAI recognizes the immense potential for AI and blockchain to reshape our future. However, the complexity of these technologies can often be a barrier to entry. TedAI tackles this challenge head-on, offering a groundbreaking approach that merges AI and blockchain with accessible educational formats and engaging tools.

TedAI stands out by making the complex worlds of AI and blockchain accessible and irresistibly engaging. Our mission is to demystify these technologies and make them fun for everyone, from beginners to tech experts. TedAI bridges the gap between learning and creating in the digital age through three core pillars:

1. AI-Powered Educational Platform:

  • Interactive Learning: Our modules adapt in real-time to your progress, offering a personalized journey through blockchain and AI.
  • Hands-On Simulations: Engage in interactive simulations that let you apply your knowledge in real-world scenarios.
  • Community Engagement: Participate in forums, discussions, and collaborative projects, fostering a supportive learning community.

2. Meme Coin Creation Toolkit:

  • Simplified Contract Creation: Use pre-built scripts and customizable options to create meme coins without needing coding skills.
  • AI-Assisted Design: Let our AI guide you through contract coding and visual branding to bring your meme coin vision to life.
  • Flexible Deployment: Deploy your meme coin on various blockchain networks, tailored to your expertise level.

3. Generative NFT Art Studio:

  • User-Driven Creativity: Transform your ideas into personalized digital art using our intuitive platform.
  • Trend Analysis: Stay ahead with AI-driven insights into NFT art trends, enhancing the profitability of your creations.
  • AI-Powered Generation: Collaborate with AI to generate and customize intricate digital artwork, ensuring each piece is unique.

TedAI is more than a platform; it’s a community-driven movement to democratize access to blockchain and AI. With our innovative tools and engaging approach, we are paving the way for a new era of digital creativity and learning.

TedAI offers exclusive opportunities for early supporters:

  • Airdrop and Referral Program: We are giving away $100,000 worth of TED tokens and offering up to $50,000 in referral rewards.
  • Whitelist and Sales Events: Secure your spot on our whitelist starting on June 7, 2024. Participate in our IEO and private sale on June 17, 2024, on the P2B exchange.

Register now to participate in the airdrop, whitelist, and token sale at https://tedai.io/en/register/

Visit us:
Website: https://tedai.io/en/
Whitepaper: https://tedai.io/whitepaper/
X: https://twitter.com/TedAi_io
Discord: https://discord.gg/tedai
Telegram: https://t.me/tedai_io