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Bithumb AI tops 500,000 cumulative users in 47 days

Bithumb\'s integrated artificial intelligence investment information service, Bithumb AI, has surpassed 500,000 cumulative users 47 days after its launch. Bithumb said on Oct. 20 the figure represents unique members who used the service at least once, excluding repeat users. Average daily visitors during the period were about 80,000. About 7 out of 10 traders used the service, and the usage rate reached 95 percent among traders handling 100 million won or more a month.

Crypto

Bithumb launches AI-based market analysis service

Bithumb has launched a new service, Bithumb AI, that uses artificial intelligence to analyse digital asset market trends and information on individual tokens. The service consists of four features: AI Token Signal, AI Token Analysis, AI Daily Market Briefing and AI Recommended Questions. AI Token Signal analyses six key technical and social indicators hourly, while AI Token Analysis generates reports using price, volume, on-chain data and community reactions.

Crypto

Cardano DeFi slumps as Charles Hoskinson backs multi-billion-dollar bet

Cardano\'s decentralised finance ecosystem saw total value locked fall 1.70 percent over 24 hours to $68.17 million. Stablecoins accounted for $64.21 million of funds deposited, The Crypto Basic reported. DefiLlama data showed Dano Finance led with $14.15 million in TVL, followed by Minswap and Liqwid. Founder Charles Hoskinson proposed Cardano PRIME to lift eligible TVL to more than $290 million within a year and sought 120 million ADA from the Cardano treasury.