Connect with us

Press Release

“Algorithm + Credit” Rebuild the Value Foundation of DeFi

Published

5 years ago

on

DeFi still has higher attention, with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective, free, and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.

For this reason, in the field of cryptocurrency, many teams have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies now.

The stable currency is illusory?

In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said: “Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of the cryptocurrency, but it is not really decentralized.

DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on the blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencies are illusory in a sense.

Will algorithmic stable currencies finally fail?

Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.

AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. Ampleforth uses Rebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.

So it’s easy to create a death spiral. Similarly, when crypto price rises, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL has been printing (dividend), AMPL reserve disappeared, crypto began to value return, people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into the market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.

Basis Cash, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS), and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly-minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.

Finance FX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax, and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that, the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads to the lack of user appeal, its currency numbers and market supply have been stagnant.

Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency that cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and is still stuck in the algorithm.

Crypto Credit Network (CCN)

In the financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third-party subjective will and makes transaction transparent, efficient, reliable, and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.

However, the world of blockchain cryptocurrency is a chaotic existence without a role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy, and equality.

The construction of CCN not only takes blockchain technology as support, but also has a reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.

A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.

Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.

The CCN consists of three different identities: Creator, Guardian, and Angel, all of them have established screening mechanisms. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of GaeaCoin, but also determined preachers and builders. When GaeaCoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.

The establishment of this system aims to provide every GaeaCoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction, and sharing.

In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the GaeaCoin network. GaeaCoin network residents have different rights according to their status.

The integration with the DEX: OxySwap has pioneered a full range of applications

There is a natural interdependence between exchange and stable currency. The exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.

As it should be, the integration of GaeaCoin ecology and OxySwap not only lay a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.

OxySwap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making, and so on. The strength of OxySwap guarantees the usages of the stable currency: GAC.

GAC will lead a brighter way

GaeaCoin algorithm stable currency: GAC dares to face the challenge, according to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (GaeaCoin), GaeaCoin ecology also includes GAB (GaeaCoin Bond) and GASH (GaeaCoin Share), which serve to maintain the stability of GAC. GaeaCoin Ecology also integrates GaeaCoin protocol, algorithm, robustness, price response, encryption, and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), OxySwap (DEX), and so on, providing a realistic solution for GAC, and leads it to move towards the real “stability”.

The integration of CCN and OxySwap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the GaeaCoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading, and other components to build continuously upgraded Lego of DeFi.

GaeaCoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC, and FRAX, this well-prepared challenge looks more anticipated!

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Related Topics:
Continue Reading

Press Release

European Cybersecurity Firm ISGroup Shows What AI-Powered Attackers Can Find – and Why Europe Must Build This Capability at Home

Published

13 hours ago

on

July 31, 2026

By

1.24 billion tokens. 12,000 model requests. 29 confirmed vulnerabilities in software already hardened by a decade of independent audits. A landmark European study on LLM-driven vulnerability research – and a case for European digital sovereignty in security.

Italy, 31st Jul 2026 –  As Europe pushes for strategic autonomy in critical technologies, a European cybersecurity firm has just demonstrated what that autonomy looks like in practice. ISGroup, an offensive-security company based in Italy and serving organisations across Europe, has published “What Can an Attacker Find With an LLM?” – one of the most extensive public studies to date on using frontier AI models to identify software vulnerabilities, conducted entirely with European expertise and rigorous, transparent methodology.

The message to European boardrooms and institutions is direct: attackers are already exploring AI-assisted vulnerability discovery. Europe cannot afford to depend exclusively on overseas providers to understand – and defend against – this shift. Sovereignty in cybersecurity means having this capability within Europe, accountable to European organisations and aligned with European regulatory frameworks.

To prove the point, ISGroup chose a demanding target: GlobaLeaks, the open-source whistleblowing platform used by newsrooms, companies, and public administrations across Europe and beyond to protect sources – software refined over more than a decade and already reviewed through multiple independent security audits. Using frontier models, ISGroup processed approximately 1.24 billion tokens across 12,000 model requests, generating 110 candidate findings. Every candidate was manually triaged by ISGroup’s researchers, with reproduction, impact assessment, and final classification remaining firmly in expert human hands.

The result: 29 confirmed vulnerabilities, 12 denial-of-service issues, and 42 hardening observations, all responsibly disclosed and the most critical already fixed – a concrete contribution to the resilience of software that protects whistleblowers, a value enshrined in European law through the EU Whistleblowing Directive.

The study also delivers what European decision-makers need most: transparency on real costs, a documented methodology – threat model, taxonomy of weakness classes, strict evidence requirements – and an honest account of the limitations: false positives, non-deterministic results, and the indispensable role of expert validation.

For European organisations, the implications are immediate. Continuous, repository-wide security review – once the preserve of large budgets and weeks of specialist effort – is now within reach for companies of every size and sector. From regulated industries facing NIS2 and DORA obligations to software vendors preparing for the Cyber Resilience Act, ISGroup’s research-driven approach is designed to serve the full spectrum of European enterprises and institutions.

“Artificial intelligence does not replace specialist expertise, but it increases the amount of code a team can analyse and reduces the cost of doing so,” said Francesco Ongaro, founder of ISGroup. “Experts still have the decisive role of distinguishing a plausible hypothesis from a real vulnerability.”

With this publication, ISGroup positions itself as a reference point for AI-assisted offensive security in Europe – proof that world-class security research does not need to be imported.

The full report, including methodology, costs, and complete results, is available at: https://www.isgroup.biz/en/cyber-security/llm-based-code-security-review-costs-findings-methodology.html 

About ISGroup: ISGroup is a European cybersecurity company based in Italy, specialising in offensive security, penetration testing, and security research. ISGroup supports European enterprises, institutions, and software vendors of all sizes in securing critical software and infrastructure, with a research-driven approach rooted in European values of transparency and accountability.

Notes for Editors

Francesco Ongaro is available for interviews and technical briefings. A one-page summary of the methodology and aggregated data on model usage are available upon request.

About ISGroup

ISGroup S.r.l. is an Italian cybersecurity company serving clients around the world across a wide range of industries. The company specialises in security research, security assessments, penetration testing, and advanced security analysis of applications and infrastructure. Website: www.isgroup.biz 

Press Contact

Francesco Ongaro
Founder, ISGroup S.r.l.
Email: francesco.ongaro@isgroup.it
Phone: +393518158844 (WhatsApp)

www.isgroup.it  ITALY
www.isgroup.biz  WORLD

Media Contact

Organization: ISGroup S.r.l.

Contact Person: Francesco Ongaro

Website: https://www.isgroup.biz

Email: Send Email

Country:Italy

Release id:47785

The post European Cybersecurity Firm ISGroup Shows What AI-Powered Attackers Can Find – and Why Europe Must Build This Capability at Home appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape 30 Minutes from Osaka Namba

Published

14 hours ago

on

July 31, 2026

By

Just 30 minutes from Osaka Namba by Kintetsu Railway, Ikoma Sanjo Amusement Park offers panoramic views of Osaka and Nara, free admission, nostalgic rides, and one of Japan’s oldest cable cars.

Osaka, Japan, 31st Jul 2026 – Operated by Kintetsu Group Holdings Co., Ltd., Ikoma Sanjo Amusement Park invites visitors to enjoy free admission, nostalgic attractions, and panoramic views of Osaka and Nara. Conveniently located just 30 minutes from Osaka Namba via Kintetsu Railway, the park is also accessible by one of Japan’s oldest cable car lines.

Site Overview

1. Panoramic Views from 642 Meters Above Sea Level

Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape Just 30 Minutes from Osaka Namba

The iconic retro Flying Tower, one of the park’s most popular attractions

Ikoma Sanjo Amusement Park sits atop Mount Ikoma at an elevation of 642 meters, offering spectacular views across the Osaka Plain and the Nara Basin. On clear days, visitors can even see Osaka Bay, while sunset and nighttime scenery make the experience equally memorable. Among the many Osaka attractions, Ikoma Sanjo Amusement Park offers one of the region’s most spectacular panoramic views.

 

2. Free Admission for Flexible Sightseeing

An amusement park that young children can also enjoy

Admission is free, making it easy to visit simply to enjoy the scenery or take a leisurely walk. Attractions operate on a pay-per-ride ticket system, allowing travelers to choose rides that suit their schedule and budget.

 

3. Nostalgic Attractions for All Ages

Open at night for a limited period, including during the summer vacation season

The park features a variety of classic attractions, including the historic Hikōtō (Flying Tower)—considered one of Japan’s oldest large-scale amusement rides—as well as the popular Cycle Monorail. Families, couples, and visitors of all ages can enjoy a nostalgic amusement park experience, making it one of the charming amusement parks in Japan.

 

4. The Journey Is Part of the Experience

Ride the adorable animal-themed cable car to the amusement park

From Kintetsu Ikoma Station, it’s a three-minute walk to Torii-mae Station, where visitors board the Ikoma Cable. After one transfer, the ride reaches Ikoma Sanjo Station, the park’s gateway. The adorable animal-themed cable cars are especially popular with international visitors, making the trip itself a memorable part of things to do in Osaka.

 

5. Visitor Information

Operating season: Early March to early December (closed during winter)

Opening hours: Normally 10:00 a.m.–5:00 p.m. (On select days from mid-July through late August each year, business hours are extended until approximately 9:00 p.m.)

Admission: Free

Ride tickets: Purchased individually for each attraction

Conveniently located just 30 minutes from central Osaka, the park is also an excellent choice for day trips from Osaka.

 

6. Official Links

Official Website
https://www.ikomasanjou.com

Official Instagram
https://www.instagram.com/ikomasanjou

Media Contact

Organization: Kintetsu Group Holdings Co., Ltd.

Contact Person: Rina Hamamoto

Website: https://www.kintetsu-g-hd.co.jp/lang/english/

Email: Send Email

Address:6-1-55 Uehommachi, Tennoji-ku, Osaka 543-8585

City: Osaka

Country:Japan

Release id:47799

The post Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape 30 Minutes from Osaka Namba appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

OCTOS Merges Memecoin Culture with Real Gaming Utility to Redefine Crypto Play

Published

14 hours ago

on

July 31, 2026

By

United States, 31st Jul 2026 – A new standard is emerging in the cryptocurrency space with the introduction of OCTOS, a project built on the BNB Smart Chain that seeks to solve one of the most persistent dilemmas in the digital asset market: the memecoin paradox. Driven by the philosophy that while memes have the power to bring people together, only true utility gives them a reason to stay, the team behind OCTOS has officially outlined its vision to bridge community-driven momentum with genuine, everyday use cases.

The origins of OCTOS stem from a deep observation of the cryptocurrency market’s evolution over the last fifteen years. Early digital currencies like Bitcoin initially faced skepticism regarding their practical use, yet eventually achieved undeniable market viability through collective human choice and social consensus. In recent years, the explosion of the memecoin sector proved that tokens built on humor, culture, and momentum could build enormous, borderless communities and achieve staggering market valuations. However, many of these tokens lacked practical applications, leaving holders with assets whose sole purpose was speculative trading.

OCTOS was designed to break this cycle. At the core of the project is a distinct mission: Creating marketability with memecoin and expanding utility through participation.

Rather than viewing market attention and utility as mutually exclusive, OCTOS aims to synthesize the two. The project recognizes that while collective belief and market consensus give an asset the opportunity to exist, it is the responsibility of the creators to provide a compelling reason for that asset to endure.

Play as Genuine Utility

Rejecting the notion that every blockchain project must reinvent global finance to be valuable, OCTOS embraces a fundamental human truth: people seek out entertainment, form emotional connections with games, and value shared experiences. Therefore, the ecosystem has adopted “play” as its primary utility.

By integrating OCTOS into games, digital events, and collaborative entertainment, the token transforms from a speculative asset into a functional currency. The first working example of this initiative is Space Ladder, an interactive game deployed within the OCTOSDAO ecosystem. Space Ladder serves as the inaugural proof-of-concept, allowing users to actively utilize their tokens in a highly engaging digital environment.

The Vision for OCTOSDAO: An Autonomous Community

While the developers have built the initial framework, the ultimate destination for the project is OCTOSDAO, a fully decentralized and autonomous community. The creators envision a future where OCTOS is not managed by a single central operator, but rather by the token holders themselves.

In this decentralized future, participants will have the power to propose new games, organize global events, and engineer novel use cases for the token. The ecosystem is designed to be cyclical and self-sustaining: greater utility attracts new participants, and those new participants, in turn, inspire the creation of more games and events. Through this continuous loop of engagement, OCTOS aims to build long-lasting market viability.

“A token may begin as a meme, but when enough people recognize its price, choose to hold it, and willingly exchange it, it becomes a market asset created through collective belief,” a representative for OCTOS shared, reflecting on the project’s foundational ethos. “However, market recognition does not release token creators from responsibility. OCTOS exists to ensure that the attention generated by a meme is ultimately connected to real use. OCTOS is not built by belief alone; it is built through participation.”

A Transparent Path Forward

Currently in its early stages of development, the OCTOS team remains committed to transparency, choosing to focus on building actionable utility rather than making speculative promises about price appreciation or exchange listings. The project’s immediate focus remains on delivering real value: one game, one event, and one community contribution at a time.

As OCTOS continues to grow, it invites cryptocurrency enthusiasts, gamers, and creators worldwide to join a living digital asset that is used, enjoyed, and continuously expanded by its community.

For more information about OCTOS, its underlying philosophy, and upcoming developments, please explore the official links below.

Official Information & Links:

Media Contact

Organization: OCTOS

Contact Person: Media Relations

Website: https://octos.space/

Email: Send Email

Country:United States

Release id:47736

The post OCTOS Merges Memecoin Culture with Real Gaming Utility to Redefine Crypto Play appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us