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New kids in Blockchain Technology. Children are said to be "the future leaders of tomorrow" and Blockchain Technology is said to be the "future of finance" so what would be the financial fate of these leaders if they are not guided early enough. Learning Blockchain Technology empowers kids to express their freedom and gives them the knowledge to financial freedom at the early stage of live. Having kids in mind Coderstech Academy has aimed at catching them young through the program "Kids in Blockchain". $50 reward for the top best 4 kids in the program 😲😲 Be the best parent, uncle and Aunt by bringing in your kids and little ones to join us every Sunday by 7pm👇 Join us tomorrow by 7pm. https://t.me/MyBinanceA Please share for others to be informed 😊

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How to Protect Your DeFi Assets from Flash Loan Attacks? . 📢 Flash loan attacks are a new form of cybercrime that targets decentralized finance (DeFi) protocols. In this thread, we'll explore what flash loan attacks are, how they operate, why they are prevalent in DeFi, and how to prevent them. Let's dive in! 👇 1️⃣ What Is a Flash Loan Attack? A flash loan attack is a malicious exploit that uses uncollateralized loans called flash loans, which must be repaid within one blockchain transaction. Flash loans allow users to borrow large amounts of crypto assets without collateral. However, hackers can manipulate the market and steal funds from other users or protocols. 2️⃣ How Flash Loan Attacks Work? Flash loan attacks involve steps such as: * Borrowing a large amount of crypto assets using a flash loan. * Manipulating the price of a target asset on one exchange or protocol. *Exploiting the price discrepancy to siphon funds from another exchange or protocol. Repaying the flash loan with interest and keeping the stolen funds as profit. Successful flash loan attacks occur when the loan is repaid within the same transaction block, making it challenging for lending platforms to defend against them. 3️⃣ Flash Loan Attack Techniques: Flash loan attacks can involve various manipulation techniques, including: *Oracle manipulation: Exploiting false price data from oracles used by different protocols. *Liquidity pool manipulation: Skewing the balance of a liquidity pool to create an artificial price difference. *Reentrancy attack: Taking advantage of a smart contract vulnerability to repeatedly withdraw funds. 4️⃣ Flash Loan Attack Case Studies: Flash loan attacks have caused significant losses in DeFi. Here are a few examples: *PancakeBunny Attack: Attacked for over $200 million by manipulating the price of BUNNY tokens. *ApeRocket Attack: Exploited the inflated price of SPACE tokens, resulting in a $1.26 million loss. *Alpha Homora Protocol Hack: Utilized a reentrancy vulnerability to drain $37 million from the lending pool. 5️⃣ Why Flash Loan Attacks Are Common in DeFi: Flash loan attacks are prevalent due to two reasons: *They are cheap: Attackers don't require upfront capital or collateral, only paying a small fee for the flash loan. *They are low-risk: Flash loan attacks leave no trace on the blockchain, and various techniques can hide the hacker's identity. 6️⃣ How to Prevent Flash Loan Attacks: Preventing or mitigating flash loan attacks can be achieved through: *Using decentralized oracles for price data to reduce reliance on vulnerable single sources. *Forcing critical transactions to go through two blocks, increasing security against manipulation. *Utilizing flash loan attack detection tools to monitor and react to suspicious transactions. In conclusion, flash loan attacks pose a serious threat to DeFi protocols and users. Understanding the risks and implementing preventive measures is crucial. Remember, managing risk is essential for successful investing in DeFi. Stay informed and stay safe! 💪💰 If you want to stay updated with the latest AI content, Crypto and Blockchain training, and insightful posts, make sure to 1. follow me Twitter @Coderstechai 2. Join the vibrant community at Coderstech Academy, where you can access 100% free crypto training classes. https://t.me/MyBinanceA 3. Don't miss out on this opportunity and hesitate no more! Subscribe now using the link below and unlock a wealth of benefits: http://AghaonuJohnbosco.Substack.com. Stay informed, learn, and grow with us! #CommunityBuilding #StaySafe #BitcoinCODERSTECHAcademy

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b. EncryptionAI.xyz ( $5.822 ) : is a crypto-related project focused on enhancing data privacy and security. It leverages encryption algorithms and blockchain technology to develop robust solutions for safeguarding sensitive information. Through the integration of cryptographic techniques and decentralized systems, EncryptionAI.xyz aims to empower individuals and organizations with enhanced privacy measures in the crypto space. c,. Bottos ( $0.000439 ) : is a decentrilized infrastructure that focuses on artificial intelligence. It is designed to be a consensus-based, scalable, easy-to-develop, and synergetic one-stop application platform for data, model,computing power and storage capabilities through data mining and smartcontracts. Bottos has a bottom-level public blockchain specially designed onthe basis of data characteristics as well as a platform for data circulation among different participants within a broad-based Al ecosystem d. Web4 AI ( 0.000000000911) : is a company that uses artificial intelligence to disrupt the decentralized finance cryptocurrency market. They offer diverse defi offerings with unique use cases, including superior AI trading algorithms for automated trading, web4 wallet management for digital asset storage and transactions, and AI-generated NFTs. They also plan to expand into non-crypto areas such as automated customer service and content creation. Their aim is to establish a strong presence in the market quickly. High risk investment ........... This free stuff is for you , take actions

The AI-powered crypto projects with the potentials of doing 1000× The teams building the crypto-based network discussed here are not just hype, but AI researchers and engineers who recognize crypto's potential to solve industry problems. In my personal view, these AI-powered crypto projects are poised to deliver tremendous opportunities in the future! Revolutionizing the tech world, the thrilling intersection of crypto and AI is more than just a buzzword. Excitingly, Crypto is taking an active role in tackling the challenges and bottlenecks that have plagued the AI industry for far too long. Acting as a hardware coordination layer for compute resources and a machine intelligence coordination layer, crypto is leading the charge. Problems 1 : The AI industry is hitting a roadblock as computing power struggles to keep up. With computations doubling every few months, we face a dire challenge. But that's not all. Brace yourself for the shocking truth – the cost of training AI models has skyrocketed, soaring a mind-boggling 4000% annually. The urgency for efficient and cost-effective training solutions has never been more critical. Are you ready to witness the game-changers who dare to reshape the future of AI? The current computing landscape lacks an affordable, on-demand serverless compute platform for ML work, and there is a critical need to fill this void. Decentralized compute networks can utilize idle distributed GPU resources to address this issue. 1. Akash Network ( Todays price at 0.600061 ) : is a groundbreaking blockchain-based platform that disrupts cloud computing by providing a decentralized marketplace for computing resources. Its significance to AI lies in empowering AI researchers and developers with cost-effective access to scalable and secure cloud infrastructure, enabling them to train and deploy sophisticated AI models. By leveraging blockchain technology, Akash Network revolutionizes the way AI computations are performed, offering a decentralized ecosystem that addresses the computing power and cost challenges faced by the AI industry. 2 . Gensyn.AI : Innovative project, Gensyn.ai, uses synthetic data generation through cutting-edge technologies like GANs to create vast amounts of realistic synthetic data. This approach addresses the scarcity and quality limitations of real-world data, paving the way for accelerated advancements and breakthroughs in various AI applications. Gensyn.ai plays a pivotal role in unlocking the full potential of AI by providing an efficient and scalable solution to data challenges faced by the AI community Problem 2: Significant AI advancements are taking place within major tech corporations without transparency. These companies are not sharing their models, resulting in considerable inefficiencies and monopolizing the future of AI development for big tech's benefit. 1. Bittensor ( TAO is $50.15 ) is a decentralized machine learning platform that addresses inefficiencies and centralization risks. Miners are rewarded for servicing intelligence to the network through a unique ML model, which allows them to exchange information with other miners to accelerate their learning while training their model. Users can consume the network's intelligence by staking TAO. Bittensor incentivizes specialized models to fulfill niche roles in solving larger problems. It operates as a self-coordinating model of models and makes niche contributions economically viable, similar to how the internet empowered people on content platforms like YouTube. Other AI crypto projects with notable mentions are : a. Artificial Liquid Intelligence ALI ( 0.02568026) : Alethea AI is a project that combines the realms of cryptocurrency and artificial intelligence. It aims to create a decentralized network for generating and trading AI-generated deepfake content. By utilizing blockchain technology and smart contracts, Alethea AI provides a secure and transparent platform for individuals and organizations to access and monetize AI-generated media assets.

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