DeFI News by Thebittimes.Com

PriveX, a privacy-first perpetual decentralized exchange (Perp-DEX), has officially launched on the COTI mainnet, as per reports shared with Finbold on Wednesday, June 4. The platform combines intent-based trading execution with private infrastructure to support both manual traders and autonomous AI agents. The launch brings a new DeFi primitive to COTI’s ecosystem, with PriveX aiming to offer a centralized exchange (CEX)-like experience on fully decentralized rails. Intent-based trading  At the heart of PriveX is an intent-based execution system designed to dynamically match trader instructions with available liquidity, whether sourced from decentralized exchanges or major centralized venues like Binance. Execution is handled by Symmio’s solver network, while trade visibility is protected using COTI’s Garbled Circuits privacy layer. This setup ensures strategies remain hidden until execution, reducing slippage and front-running risk. Shahaf Bar-Geffen, CEO...

The growing adoption of blockchain technology has sparked rapid growth in the Artificial Intelligence (AI) sector, leading to several successful multi-billion-dollar projects. A simple Google search on AI crypto leads to numerous results, often listing a variety of cryptocurrencies. A more direct approach, however, involves using resources like CoinMarketCap, which categorizes projects by their focus. Two main categories exist: general artificial intelligence and AI agents. AI tokens are experiencing strong growth, especially after large investments in AI infrastructure, while AI agents represent a newer and potentially more profitable area. This article highlights three AI agent projects with high potential: Virtuals Protocol, AI 16z, and MIND of Pepe. Let’s explore these tokens and their potential for up to 100x returns. Virtuals Protocol (VIRTUAL) Virtuals Protocol, a top contender in the AI space, especially given its prominent role in building AI agents, announced plans...