PancakeSwap To Launch AI-Driven Investment Management Tool CupcakeHop
According to Odaily, PancakeSwap is set to launch an AI-driven investment portfolio management tool, CupcakeHop. The tool, developed by Bril Finance and backed by PancakeSwap, aims to improve DeFi investment management. CupcakeHop is scheduled for launch in August and is designed to enable more users to use DeFi through tailored investment strategies and real-time risk management.
Bril Finance CEO and CupcakeHop developer, Connor O'Shea, stated that the AI portfolio management feature can automatically execute investment strategies based on user-defined goals and real-time market conditions. It will continually adjust strategies to optimize performance, aiming to achieve the expected purpose of maximizing returns.
Nigeria's SEC Revises Regulations For Digital Asset Issuance And Trading
According to Odaily, the Securities and Exchange Commission (SEC) of Nigeria has revised its rules concerning the issuance, trading platforms, exchanges, and custody of digital assets. In an official notice released to the public, the SEC outlined its plans to update these crucial regulations. As part of this regulatory reform, the U.S. SEC has launched a special compliance program called the 'Accelerated Regulatory Incubation Program' (ARIP). This program is specifically designed for Virtual Asset Service Providers (VASP), who are expected to complete their applications within 30 days of the announcement.