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Blockchain Press Releases

First AI as CEO in Europe Revolutionizes Leadership using Human Supervision for Safety

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LONDON, July 24, 2023 /PRNewswire/ — Hunna Technology (https://hunna.app), a UK-headquartered HealthTech startup, today unveiled the first-ever AI in Europe to act as the CEO of a company. Using a combination of AI and human intelligence, the hybrid system goes beyond just a chatbot, and is based on a new simple mathematical algorithm.

IndigoVX, developed by Hunna Technology, facilitates an efficient collaboration between artificial intelligence and human expertise. Imagine a chess game where a person sets the high-level goal, and the AI generates the optimal moves, with both parties continually refining the strategy together.

The inspiration for a supervised AI as CEO came from Steve Jobs, who famously said: “It doesn’t make sense to hire smart people and then tell them what to do. We hire smart people so they can tell us what to do.”

AI as CEO

Hunna has been testing the IndigoVX AI system for 12 months to ensure safety and legal compliance before announcing its promotion to CEO.

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“I stepped down as CEO in July because I believe an AI supervised by humans can outperform me.”, said co-founder Ahmed Lazem, “She hasn’t failed us.”

“The IndigoVX AI system has consistently surpassed our expectations – it’s blown our minds.” says Dr. Kais Dukes, CTO and co-founder of Hunna Technology. “The AI CEO has successfully identified under-explored markets, optimized resource allocation, and accurately forecasted consumer trends, with an over 90% successful decision rate.”

Successes of the AI to date include:

– defining a strong and realistic business strategy that the founders were able to execute

– identifying the startup idea in the first place

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– providing key research for talks to roll out their medical AI nationally in the UAE

– selecting the UAE as an initial target market

– working with the AI every day for all business processes

Hunna’s mission is to harness the power of AI while ensuring safety and accountability through constant human supervision.

Our AI CEO isn’t fully automated, but we see that as a strength, not a weakness. For this reason, we feel it’s justified to give the system a CEO title, as ultimately it’s the algorithm calling the shots, even though the algorithm has a human component. Calling IndigoVX a CEO isn’t just giving the system a title, it’s about partially automating the role of a Chief Executive Officer, to guide the overall operations of the company.

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About Hunna Technology

Hunna’s main product is Mona, a medical AI that uses a home urine test for early detection of health conditions. Developed with support from their strategic AI, IndigoVX, Mona operates under doctors’ supervision.

Hunna Technology was co-founded by CTO Dr. Kais Dukes, a mathematician with a PhD in AI, and COO Ahmed Lazem, an accomplished engineer and entrepreneur who has led several UAE startups to successful exits. Prior to founding Hunna, Dr. Dukes was Head of Engineering at Zilch, Europe’s fastest-ever growing unicorn startup, now valued at over $2 billion USD. He’s also well-known in FinTech for automated algorithmic trading, at the London Stock Exchange and Cryptocurrency exchanges – systems that have processed billions of dollars in trades.

Dr. Dukes is also renowned in the research community for his work on applying neural networks and AI to ancient texts. He has previously used AI to analyze the original writing of the Quran, resulting in the Quranic Arabic Corpus, the world’s most visited website for understanding Classical Arabic, used by millions of visitors monthly worldwide.

Hunna Technology have uploaded a scientific research paper on arXiv to explain IndigoVX: https://arxiv.org/abs/2307.11516

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Contact:

David Jose (Hunna Technology)
Number: +41438833327

View original content:https://www.prnewswire.co.uk/news-releases/first-ai-as-ceo-in-europe-revolutionizes-leadership-using-human-supervision-for-safety-301884041.html

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Blockchain Press Releases

The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens

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MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:

On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.

Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.  

If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:

Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423 
[email protected]
[email protected] 

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Blockchain Press Releases

Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange

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DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.

Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.

Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.

Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.

The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.

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Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Golfin to Showcase Web3 Innovation at ‘Web3 Hub Davos 2025’

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TOKYO, Jan. 17, 2025 /PRNewswire/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf.

Golfin’s Key Highlights at Web3 Hub Davos 2025:

  • Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.
  • Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.
  • Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology
  • Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.

Golfin’s Approach to Web3 Golf:

Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences.

Vision for the Future: 

Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors.

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About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses.

For More Information: golfin.io & web3hubdavos.com .

Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following  on Twitter (JP), Twitter (Global), DiscordInstagram, & Linktree.

Photo – https://mma.prnewswire.com/media/2600611/Davos_Post_02.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/golfin-to-showcase-web3-innovation-at-web3-hub-davos-2025-302354177.html

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