Brian Kelly: ICOs Here to Stay 5295

In a recent interview with Cointelegraph, Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that Initial Coin Offerings (ICOs) are around to stay, but with some changes. Kelly, who is also a crypto analyst and regular contributor to CNBC, sat down with Cointelegraph to discuss various aspects of the crypto industry. Kelly stated that he sees blockchain and cryptocurrencies as “early stage technology,” saying as example that Amazon founder Jeff Bezos probably could not imagine his online bookstore turning into a major video streaming platform. He added:

“We have a new technology that disintermediates a lot of industries. That’s important, and that’s going to be something that’s here for the rest of my career at least and likely a lot longer than that.”

Speaking on whether ICOs as a form of fundraising will end soon, Kelly suggested that “it will stay, but with a little change.” He said that ICOs proved to be an effective tool for funding projects using cryptocurrencies and blockchain technology. However, he added that “the days of a whitepaper and a dream and $30 million are probably over.”

Kelly said that when choosing which digital currencies to invest in, there is a combination of positive indicators, such as activities that will increase the network, as well as catalysts like conferences or potential software updates.

Last month, Thomas Zeeb, CEO of securities services at Switzerland’s top stock exchange SIX, also said that ICOs are “here to stay.” Zeeb predicted that mass adoption would come in around five years.

The ICO market has seen positive growth this year, more than doubling since 2017, according to ICORating’s ICO market report for the the second quarter of 2018. Per the report, in Q2 2018, 827 projects raised over $8 billion in funding, compared to $3.3 billion in Q1 2018, representing a 151 percent increase. The report notes a “continued decline in the number of retail investors,” while institutional capital in ICO markets has increased.

Mr. Kelly will be speaking at the Crypto Finance Conference at the Ritz-Carlton in Half Moon Bay, CA, which runs from September 5-7.

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Legit Security Releases MCP Server, Adding Trust and Security to AI-Led Coding 1024

Legit Security, a global leader in AI-native application security posture management (ASPM), today announced a major new feature that furthers its commitment to better serve the AI-first developer community: Legit MCP (Model Context Protocol) Server. With this new offering, Legit brings ASPM to AI-led development, making vulnerability management as simple as asking a question.

Through the Legit MCP Server, AI code assistants like Cursor, GitHub Copilot, and Windsurf leverage Legit to determine the security of generated code, enforce guardrails to prevent issues, and drive automated remediation. Acting like an “API” to interface with AI agents, the Legit MCP Server provides development teams with the ability to run in-code vulnerability checks during the pre-production development process within numerous code editors and IDEs. As an open standard supporting different AI systems, MCP can universally connect with any AI-agnostic code editor and directly with the data source.

Why This Matters for Developers

AI is revolutionizing how software gets built — faster, smarter, and more autonomously. But it also introduces more risk than we’ve ever seen and upends application security, which wasn’t designed for AI-driven development processes. Legit ASPM is the first and only AI-native ASPM platform purpose-built to secure today’s development workflows, including those with AI at the core. The Legit MCP Server gives developers real-time security insights and remediation embedded directly into their AI-powered assistants — no learning curve, no context switching, all in natural language.

“AI has completely changed the way engineering teams build software and created an opportunity to bring security directly into that process,” says Liav Caspi, co-founder and CTO at Legit. “Additionally, empowering security teams to leverage AI through Legit’s application security data fabric holds enormous untapped potential that we are just beginning to uncover. The ability to extract any security posture report you want just by asking your favorite AI chat is a game changer. Legit MCP empowers developers and AppSec with the ability to run security checks on the go, with no learning curve, while making secure coding 100 times easier, faster and just more enjoyable.”

Why Now

Developing software at speed and in a cost-effective way has arrived, but real-time integration of security has lagged behind. Legit MCP enforces enhanced quality and security at every stage of development, guaranteeing AI-generated code is automatically investigated, remediated, and verified.

For more details on the Legit MCP, visit https://www.legitsecurity.com/blog/meet-legit-mcp.

To see the Legit MCP Server in action, join us on Tuesday, July 15th, for an interactive session and demo: https://info.legitsecurity.com/legit-mcp-server-empowers-ai-led-development.

About Legit Security

The Legit Security ASPM platform is a new way to manage application security in a world of AI-first development, providing a cleaner way to manage and scale AppSec and address risks. Fast to implement, easy to use, and AI-native, Legit has an unmatched ability to discover and visualize the entire software factory attack surface, including a prioritized view of AppSec data from siloed scanning tools. As a result, organizations have the visibility, context, and automation they need to quickly find, fix, and prevent the application risk that matters most. Spend less time chasing low-risk findings and more time innovating.

AQUSENSE AND SPLUNK PARTNER TO REVOLUTIONIZE WI-FI POWERED HUMAN PRESENCE AND MOTION DETECTION 1195

Aqusense, a pioneer in Wi-Fi based AI sensor technology, has partnered with Splunk, a Cisco subsidiary and leader in data analytics and security solutions, to integrate cutting-edge human presence and motion detection into Splunk’s Edge Hub and Operational Technology Intelligence (OTI) platforms. This collaboration will initially focus on smart data centers and factories using non-invasive Wi-Fi.

This partnership enables Splunk to incorporate Aqusense’s state-of-the-art solution with the Splunk Edge Hub sensor gateway, enhancing real-time monitoring and analytics. Using existing Wi-Fi networks, Aqusense’s Human Presence Detection (HPD) and Human Motion Detection (HMD) deliver precise, non-invasive monitoring.

Aqusense data integrates seamlessly into Splunk dashboards, delivering real-time insights into human movement and interactions. This enables:

  • Dynamic Collaboration: Create adaptive, human-centric spaces that seamlessly adjust to occupancy patterns, fostering smarter teamwork and engagement.
  • Robust Security: Instantly detect unauthorized access or suspicious activity in any lighting condition, ensuring airtight protection for critical environments.
  • Maximized Efficiency: Slash energy costs and optimize space utilization with real-time insights, empowering hybrid workplaces and smart facilities to thrive.

The Aqusense and Splunk partnership revolutionizes space management by leveraging existing Wi-Fi infrastructure for non-invasive, privacy-first monitoring. This cutting-edge solution delivers unmatched security, efficiency, and adaptability, empowering modern workplaces, industrial facilities, and data centers to operate smarter and safer.

“Our partnership with Splunk turns ubiquitous Wi-Fi deployments into a powerful tool for smarter, safer workplaces; unlocking insights that redefine how organizations operate. As a Splunk Partnerverse member, Aqusense joins a select group of innovators enhancing Splunk’s ecosystem, delivering unmatched value for smart space management.” Tom Mathai, CEO of Aqusense

“Integrating Aqusense’s advanced sensing technologies into Splunk Edge Hub solutions allows us to continue to expand a rich data signal so that you can draw more intelligence out of your physical environments. I’m excited that Aqusense has joined Splunk Partnerverse to further our joint ambitions for intelligent physical spaces.” Joel Jacob, OTI Product Management Lead at Splunk.

Discover the future of smart spaces! Book your demo to experience Aqusense and Splunk’s Wi-Fi-powered solution today.

About Aqusense

Aqusense is a leading Wi-Fi sensor technology that utilizes AI to passively sense, acquire and deliver actionable data. Aqusense’s foundational patents and methods had been cited over 270 times by Fortune 100 companies including Google and Samsung. Led by a highly experienced and qualified team, our proven technology unlocks advanced motion intelligence in any IoT product to identify presence and human physiology in real-world environments. To learn more visit aqusense.com.

CHAI – AI Lab Quantizes Social AI to 4-bit for +56% Increase in Throughput 749

CHAI, the high-growth AI startup, today unveiled a major advancement in model optimization through its successful deployment of quantized large language models (LLMs). The breakthrough—achieved by CHAI’s AI research team—reduces inference latency by 56% while preserving model performance, a critical milestone as the platform now serves 1.2 trillion tokens daily, rivaling industry giants like Anthropic’s Claude.

The Quantization Advantage

Model quantization, a technique that reduces the numerical precision of neural network parameters, has emerged as a key strategy for optimizing LLMs. CHAI’s research team systematically evaluated multiple quantization approaches (including INT8, FP16, and hybrid methods) to maximize efficiency without sacrificing output quality. The winning implementation:

  • 56% faster inference – Dramatically reduces response times for end users
  • smaller model footprint – Lowers memory and compute costs
  • <1% performance degradation – Maintains accuracy across benchmarks

The quantized model deployment complements CHAI’s $20 million compute investment, addressing the platform’s exponential growth. By marrying hardware scaling with algorithmic innovation, CHAI now serves 1.2T tokens per day while maintaining competitive inference speeds.

Was CHAI the first AI Platform? CHAI was the first consumer AI product to reach 1 million users, leveraging the open-sourced LLM GPT-J, before ChatGPT or Llama.

What is CHAI? CHAI is a social AI platform where users can create their own AI. Since its launch three years ago, CHAI has experienced significant growth, particularly among Gen Z users. Now, to support further growth and wider adoption, CHAI has redesigned its brand.

Can you use CHAI AI in a browser? As of March 2025, no. CHAI is focused on delivering the most engaging social AI experience by hiring talented engineers to refine its app. While there are currently no plans for a web app, this may change in the future.

Is CHAI AI safe? CHAI has implemented a range of safety features that allow users to engage in dynamic chats while encouraging them to stay within established guidelines. By building better AI, CHAI aims to enhance user value and experience.

What makes CHAI special? CHAI is designed to be the most engaging social AI, delivering highly entertaining conversations. Many users rely on it to craft interactive stories and immersive experiences.

Why do people love CHAI? CHAI employs advanced AI techniques to increase the entertainment value of its bots. Users chat with AI to write interactive novels and have engaging conversations, supported by a variety of genres that appeal to avid novel readers.

Sometimes regarded as the best free AI chatbot, CHAI is paving its way to widespread adoption of conversational social AI for entertainment.

Who is the founder? William Beauchamp is a 2x founder, first started building CHAI with his sister in Cambridge UK in 2020. After building the first AI chat platform they relocated to Palo Alto.

Are they hiring? CHAI is a rapidly growing company that is known for paying very high salaries with an intense culture focused on delivering results and iterating quickly.

Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers 797

Full SDK integration radically simplifies crypto transfers across leading chains

Leading digital identity platform SPACE ID is pleased to announce that Enkrypt, the multi-chain wallet developed by MyEtherWallet (MEW), has integrated its Payment ID solution, which allows Enkrypt users to send crypto to any centralized exchange (CEX) on any chain with just one simple name.

Payment ID replaces clunky 42-character deposit addresses with a human-readable name, like ‘alice’, mapped to all CEX deposit addresses on any chain, drastically reducing the risk of copy-paste errors or wrong address deposits that still plague the web3 space. Payment ID doesn’t even require a domain name – just a simple registration with an email address.

On top of this, Enkrypt has integrated SPACE ID’s proprietary SDK, which allows wallet users to use any SPACE ID domain name, such as .bnb and .arb, as well as Unstoppable Domains’ native domain, .crypto, for seamless crypto transfers between web3 wallets, including MetaMask.

Harrison Seletsky, Director of Business Development at SPACE ID, says: “We’re excited to be working with two leading infrastructure projects in the web3 space – Enkrypt and Unstoppable Domains – to finally begin creating a more unified and interoperable crypto payments ecosystem.”

SPACE ID’s Payment ID system officially launched in April on MetaMask and Binance. This latest integration marks another step toward making crypto transfers from web3 wallets to CEXs more seamless and secure, ultimately bringing the web3 user experience closer to what users are accustomed to in the web2 world.

Kosala Hemachandra, CEO and Founder at MyEtherWallet & Enkrypt, says: “It has been our goal from day one, nearly a decade ago, to make crypto and web3 easy for normal people to use. Adding multi-chain support for domain names and Payment ID aligns with our vision, and SPACE ID was the perfect partner to continue this endeavor!”

With this integration, Enkrypt becomes one of the first wallets to offer native support for both Payment ID and SPACE ID’s universal identity infrastructure, radically simplifying the crypto transfer process for its users.

The multi-chain collaboration between three leading payments and digital identity players is just one step in SPACE ID’s mission to unite the web3 space and make it truly interoperable, removing the need for bridging, copy-and-paste errors, and lengthy deposit addresses.

About SPACE ID

SPACE ID is the leading digital identity platform, powering trustless identity solutions for users, AI agents, dApps, and beyond. With over 6.7M registered domains and 2.7M owners supported across BNB Chain, Arbitrum, Ethereum, Story Protocol, and more, SPACE ID is setting the standard for secure and verifiable web3 identities.

To learn more about SPACE ID, users can visit https://space.id/

About Enkrypt

Enkrypt is a multichain, self-custodial, and open-source web3 wallet developed by MEW(MyEtherWallet), the same team that has made Ethereum easy and secure to use since 2015. Enkrypt allows users to manage all their crypto assets and access favorite DApps across multiple chains and ecosystems, including Ethereum/EVM, Bitcoin, Solana, Polkadot, and beyond.

Enkrypt enables multichain convenience like never before by allowing account and chain switching with a single click, with one recovery phrase for all accounts. Featuring hardware support, phrase import, and multiple accounts across various networks, Enkrypt is a wallet that goes anywhere users need to go in web3. Welcome to the multichain future.

To learn more, users can visit https://www.enkrypt.com/

BigID Introduces First Data-Driven Assessment for AI Governance and Third-Party AI Use 806

New capability gives organizations visibility into third-party AI use, data exposure, and governance gaps across their vendor ecosystem.

BigID, the leader in data security, privacy, compliance, and AI data management, today announced the launch of Vendor AI Assessment, the first solution of its kind designed to help organizations identify, evaluate, and manage the risks introduced by third-party AI usage.

As vendors race to embed GenAI, large language models (LLMs), and autonomous agents into their products, organizations are left in the dark about how AI is being used – and what risks it introduces to their data, privacy, and compliance. Today, BigID becomes the first company in security or privacy to launch a dedicated, data-driven assessment solution focused specifically on vendor AI use.

Expanding on its leading capabilities in vendor management and third-party risk, BigID now enables organizations to assess not just who they do business with, but how those vendors are using AI and what impact that AI has on sensitive data. Unlike traditional governance tools that rely on static surveys, BigID discovers deployed models, maps them to the data they access, and provides actionable risk intelligence across AI usage, exposure, explainability, and regulatory readiness.

For the first time, security, privacy, and legal teams can hold vendors accountable for AI transparency, ensuring they understand whether vendor AI is trained on customer data, whether results can be trusted, and whether the risks are worth the rewards.

According to BigID’s 2025 AI Risk & Readiness Report, 64% of organizations lack visibility into AI risk exposure, and nearly half have no AI-specific security controls in place. These findings reveal a growing blind spot in enterprise governance: third-party AI use. While many organizations are still building internal AI oversight, BigID helps extend that visibility to a critical but often overlooked threat vector – vendor AI.

Key Takeaways:

  • Identify and reduce third-party AI risk before it impacts your business with the industry’s first solution to assess vendor AI use.
  • Uncover vendor AI usage, data access, and training practices to mitigate unwanted data exposure and improve governance.
  • Operationalize AI oversight with built-in workflows for risk scoring, documentation, and remediation.
  • Equip privacy, legal, security, and compliance teams to respond to AI-related regulatory demands, especially as 55% of organizations report being unprepared for emerging AI regulations.
  • Stay ahead of AI-driven third-party threats with continuous visibility, faster risk-based decisions, and defensible governance across your ecosystem.

“AI adoption is accelerating, but most organizations remain blind to how their vendors use AI on their data,” said Dimitri Sirota, CEO of BigID. “We built Vendor AI Assessment to help security, privacy, and legal teams uncover these blind spots, reduce exposure, and ensure responsible use of AI across their third-party ecosystem.”

“BigID continues to innovate with Vendor AI Assessment. Given the rapid integration of AI in vendor offerings, businesses must demand transparency and accountability,” said Dr. Edward Amoroso, CEO of TAG & Research Professor at NYU. “BigID’s Vendor AI Assessment provides a crucial tool for organizations to understand and mitigate the unique risks posed by third-party AI use.”

Read more at BigID.com/blog

About BigID

BigID empowers organizations to know their enterprise data and take action for data-centric security, privacy, compliance, AI innovation, and governance. Customers deploy BigID to proactively discover, manage, protect, and get more value from their regulated, sensitive, and personal data across their data landscape.

BigID has earned numerous accolades, including being highlighted as CRN’s top 100 security companies two years in a row in 2024 and 2023, a finalist in CRN’s 2024 Tech Innovator Awards, recognized as the most innovative security company of the year for its AI data security in the 2024 Globee Awards, and named as a “Market Leader Data Security Posture Management (DSPM)” in the 2023 Global InfoSec Awards. Additionally, BigID’s impressive growth earned it a spot on the 2024 Deloitte 500 for the fourth consecutive year, one of CNBC’s Top 25 Startups for the Enterprise, named to the Forbes Cloud 100, and recognized on the 2024 Inc. 5000 for the fourth consecutive year.

The New Yealink Era: Where Cutting-Edge AI Innovation Meets Committed Trust 818

Yealink, a global leader in unified communication and collaboration solutions, has officially unveiled its latest innovations at the “AI YOUR WORKSPACE” global launch event. The event introduced a comprehensive lineup of AI-powered solutions across Android, Windows, ProAV, and Personal Collaboration, reinforcing Yealink’s commitment to building secure, sustainable, and intelligent hybrid workplaces.

Backed by a 10-year strategic partnership with Microsoft and supported by key ecosystem partners Intel and Qualcomm, the event showcased Yealink’s vision of a future-ready collaboration platform. Following the launch, Yealink hosted innovative roadshows across the UK, Germany, the Netherlands, France, and Sweden, engaging with partners and customers to demonstrate its enhanced product ecosystem and trust-driven initiatives.

Innovation: A Full Product Lineup Upgrade with AI

Yealink’s next-generation MeetingBar A50 Android video bar addresses the growing needs of simplified video conferencing solutions for medium-to-large meeting spaces, where over 40% of all-in-one systems now deploy (Frost & Sullivan). Powered by the Qualcomm 8550 processor, it delivers 50% greater CPU performance and 10x AI processing power for real-time framing, tracking and voice pickup. The system features a triple-camera array for optimal visibility and integrates with Microsoft’s Device Ecosystem Platform (MDEP) to ensure enterprise-grade security in large-scale deployments.

Addressing today’s hybrid meeting challenges, Yealink’s 4th-gen MVC series delivers next-level AI intelligence to transform collaboration. The system solves persistent pain points – inconsistent participant framing, limited visibility, and disconnected workflows – through its advanced Intel Core Ultra 5-powered AI (34 TOPS performance). The adaptive multi-lens and multi-camera system ensures every attendee enjoys perfect visibility regardless of location, while Microsoft Copilot integration enables real-time meeting transcriptions, automated summaries and intelligent action items. From huddle rooms to large ProAV deployments, MVC’s superior processing power and deep AI integration create truly equitable, future-ready meeting experiences.

Yealink AV ONE transforms complex AV deployments with its all-in-one ecosystem. Gone are the days of juggling multiple vendors – AV ONE integrates premium audio, AVoIP processing, control systems and AI-optimized room design into a single solution. The system automatically generates topologies and configures devices in minutes rather than hours, while maintaining seamless Microsoft Teams Rooms compatibility. This centralized, IP-based approach delivers enterprise-grade AV that’s both powerfully intelligent and remarkably simple to design and deploy.

Yealink is revolutionizing personal workspaces with its new AI-enhanced device ecosystem. The sleek SIP T7 & T8 IP phones combine modern design with intelligent audio processing, advanced security, and eco-conscious materials. Complementing these are the UH4X wired headsets, WH6X noise-canceling wireless headsets, BH7X Bluetooth models, and SP9X speakerphones – together forming Yealink’s first complete AI-audio suite that supercharges productivity and optimizes AI collaboration tools.

From boardrooms to desktops, Yealink’s latest AI-powered innovations demonstrate its vision of a one-stop, intelligent, and seamlessly integrated collaboration ecosystem.

Trust: Enhanced Security and Sustainability

Security is the cornerstone of digital trust in today’s interconnected business landscape. Yealink establishes this vital trust with partners and users through its S.A.F.E.R. security framework, which provides:

  • Standards: Globally certified compliance (ISO/GDPR/NIS2/AI Act) for measurable protection
  • Accountability: Executive-led security governance making it a strategic priority
  • Future-proof Core: Application of advanced security technology, Secure by Design architecture with proactive threat prevention
  • Ethical Supply Chains: Rigorously vetted partners (Intel/Qualcomm) at every production stage
  • Reliability: Microsoft Azure-powered data localization ensuring regional compliance

SAFER provides organizations with an adaptive, enterprise-grade shield – enabling business innovation in our interconnected age. Stay SAFER with Yealink.

Sustainability drives Yealink at every level. Its annual ESG report—backed by top ratings such as EcoVadis and alignment with the UN Global Compact—highlights real impact: from intelligent energy-saving systems in meeting spaces to rooftop solar that generated 3.8 million kWh last year. Yealink’s new products are crafted with GRS-certified PCR materials and packaged in FSC-certified materials, significantly reducing the use of plastics and other non-sustainable components.

A New Yealink – Defined by Innovation and Trust

Through its roadshows, Yealink engaged with hundreds of partners, hosting in-depth panel discussions with system integrators, end-users, and industry leaders on topics such as AI adoption in the workplace, hybrid-era challenges, such as communication security, and emerging market trends and opportunities. “Innovate for Trust” is more than a slogan—it’s Yealink’s commitment to delivering secure, sustainable, and intelligent collaboration solutions while fostering long-term partnerships. Become part of Yealink’s growing global reseller community at Yealink.com.

About Yealink

Yealink is a global leader in video conferencing, voice communications, and collaboration solutions. With a presence in over 140 countries and regions, Yealink is recognized as a top-three video conferencing provider and leads the global market in SIP phone shipments.

For more information, visit https://www.yealink.com/en.