Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO Is AI Back? Let's have a look Crypto editionThe post examines the current state of AI, noting slower progress since the ChatGPT launch and emphasizing that AI hasn’t replaced jobs but has instead enhanced them by aiding tasks like research and structuring. Emerging applications such as AI agents managing crypto wallets and decentralized hedge funds are still experimental, often reflecting market trends rather than achieving consistent gains. AI is also creating content, from memes to NFTs, but risks oversaturating the internet with low-value material. However, practical use cases like AI as white-hat hackers for security testing show significant promise in addressing vulnerabilities efficiently. Keep Your Crypto Secure With TangemThe post details the author's experience using the Tangem NFC card as a cold wallet for crypto storage, chosen for its convenience and robust security features, including biometric scans, access codes, and EAL6+ grade chips. Unlike traditional cold wallets like Ledger or Trezor, Tangem’s card is easy to carry and pairs with a user-friendly app for transactions. While it has limitations, such as limited token and NFT support and reliance on the physical cards, the author appreciates its simplicity, fair rates, and protection against scams. Overall, they recommend Tangem as a secure option for safeguarding crypto during the bull run. DeFAI – DeFi & AI Agents Join Forces AI is transforming DeFi by automating crypto portfolio management through AI agents, marking a significant shift in decentralized finance. The DeFAI sector, recently spotlighted by CoinGecko, is valued below $1 billion but shows immense growth potential, with projects like GRIFFAIN and ANON leading the way and Binance supporting others. Though volatile, this data-driven sector underscores the economic shift toward monetizing personal data, making it crucial for investors to adapt and seize opportunities in this evolving, decentralized landscape. Overcoming FOMOThe author shares a personal journey in the crypto world, from experiencing FOMO to discovering Bitget, a now-favorite exchange. Initially hesitant and starting with Coinbase, they regret not using Binance earlier but later uncovered Bitget through LinkedIn. Impressed by its features, token burns, and opportunities like airdrops and launchpools, the author invested in $BGB, achieving a 6x return as its value soared. They highlight Bitget's user-friendly platform, innovative features, and earning potential through locking tokens like $BGB and $SONIC. With Hive recently added to Bitget’s trading options, the author enthusiastically recommends the platform and invites others to explore its potential. InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Friday, January 10, 2025
Is AI Back? DeFAI Rises
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