Cryptocurrency

The summit was held at the MIT Media Lab and featured contributions from major tech companies including Dell (NYSE:DELL), Intel (NASDAQ:INTC), and NVIDIA (NASDAQ:NVDA). OriginTrail was recognized for its decentralized knowledge graph, which addresses issues such as misinformation and unreliable AI systems.Backed by Polkadot parachains, OriginTrail helps industries, including Fortune 500 companies, with secure data exchange. The platform handles billions of assets for Web3 to make it easier to discover and verify everything from physical and digital assets to NFTs, DeFi, and more.OriginTrail founder Branimir Rakic outlined how the platform can be used to create trust in AI systems. It connects physical and digital assets through decentralized technology, helping industries manage data transparency.Rakic also announced plans to release the DKG Edge node, a new feature to improve resource efficiency and privacy in AI solutions. The release is scheduled for October 24 at the DKGcon event in Amsterdam.The Verifiable Internet for AI is tackling AI’s challenges by decentralizing the knowledge that AI systems rely on. One of the first examples of this is Polkabot.AI, a decentralized AI education hub on Polkadot, which is set to fully launch in the coming months after securing support from the Polkadot Treasury.Polkadot spent $27.3 million on various projects during the third quarter, which is almost half of what the Ethereum rival spent in the previous three months. Software development made up the largest chunk of the budget, with nearly $12 million allocated to different projects.Polkabot.ai secured support through an OpenGov treasury proposal approved on April 23, 2024. As an AI-driven educational platform that personalizes learning for each user, Polkabot.AI helps users engage with Polkadot’s vast content, both within its ecosystem and in external communications.  More

A dynamic shift is unfolding in the world of crypto-powered competitions as MetaWin, known for its thrilling Web3 contests, opens its doors to a new community. In a bold new move, MetaWin is embracing the $DYDX token, bringing together the excitement of decentralized trading with high-stakes entertainment.MetaWin’s $DYDX integration offers a compelling opportunity for $DYDX holders to participate in a unique prize draw as part of the launch. The platform is offering a 5,000 DYDX token prize pool, valued at approximately $4,600, which will be awarded to eligible participants through a free-entry draw. To qualify, participants must hold a minimum of 100 DYDX tokens in their wallets.Launch Prize Draw DetailsWhat: A chance to win from a 5,000 DYDX token pool (~$4,600)How to Enter: Hold a minimum of 100 DYDX tokens in a compatible walleCost: Free entryPurpose: To celebrate DYDX’s acceptance on MetaWinUsers can click here to enter the 5,000 DYDX draw for free.MetaWin has hinted at upcoming competitions, giveaways, and new prize pools, signaling further engagement opportunities for traders and Web3 enthusiasts. As the platform expands, MetaWin remains focused on delivering decentralized entertainment options that resonate with the evolving needs of the crypto community.About MetaWinMetaWin stands as the premier platform for on-chain prize competitions and instant win games, offering a diverse array of entertaining challenges for users. Through the utilisation of cutting-edge blockchain technology, MetaWin ensures a transparent, fair, and secure gaming environment, making it the preferred destination for blockchain enthusiasts and gamers alike. At the forefront of Web3 innovation, MetaWin is supported by a robust community of 250,000 connected wallets. Renowned for its ability to craft impactful digital experiences, MetaWin remains dedicated to pushing the boundaries of the cryptocurrency landscape.For more information, users can visit MetaWin.com.Users can follow MetaWin on social media and join MetaWin’s community:X| Instagram| Telegram | Discord ContactMetawinMetawinpr@metawin.incThis article was originally published on Chainwire More

This article was originally published on U.Today More

He made quite a bold prediction that is likely to make meme coin investors happy.The early Bitcoin millionaire stated that during the last market cycle, leading meme coin DOGE managed to soar to a $88.8 billion market cap value, while the second largest meme digital currency, Shiba Inu’s, market cap skyrocketed as high as $40 billion.Davinci believes that in this cycle, all meme coins as an asset class are likely to reach a whopping $1 trillion market capitalization – this is slightly below the level where Bitcoin’s market cap is sitting at the time of this writing – $1,320,587,283,299, according to the data provided by CoinMarketCap.After the staggering 14% increase witnessed by Dogecoin this week, over the past 24 hours, the original meme cryptocurrency descended by 5%, falling from the recent local high of $0.12835 to the $0.12202, where it is changing hands at the moment. DOGE’s market cap currently constitutes $17,813,363,036.As for SHIB, this metric stands at $10,533,255,950, while the canine-themed coin is going for $0.00001800. Today, it has pared its losses a little after decreasing by 6.64% over the past day.This article was originally published on U.Today More

The post characteristically depicts Saylor staring intently at a chessboard, focusing on the “white pieces—king, queen, and knight.” The white pieces were surrounded by many black pieces.”Bitcoin is Chess, not Checkers,” Saylor captioned the X post.The caption chosen likely suggests that trading in the world of Bitcoin requires long-term strategic planning, just like a game of chess. Notably, in chess, every move impacts future outcomes, and as such, a player needs foresight to win. As in the game of Saylor’s post on X, a good player could still snatch a win despite being outnumbered by black pieces.Saylor might be hinting that Bitcoin is unlike checkers, which has fewer variables and less intricate planning and where short-term tactics can win games.As reported by U.Today, the MicroStrategy chairman recently shared a “Bitcoin to moon” post on X. The post came after Bitcoin surged past the $68,000 mark, buoyed by bullish market sentiment.In a related development, Saylor also provided insight into succeeding in the cryptocurrency space by trading Bitcoin. According to him, “If you want to win, you need a Bitcoin strategy.”Thus, his recent chessboard post might further clarify the earlier strategy shared with followers.This article was originally published on U.Today More

Bitcoin reached an all-time high of about $74,000 in mid-March, driven by expectations of strong demand from U.S. exchange-traded funds, which were granted approval in the U.S. for the first time in January. Despite the surge, many believe Bitcoin’s bullish run may not be over yet.According to a recent survey, there remains a belief on the market that Bitcoin might surpass its previous peak.In a new tweet, crypto analyst Lark Davis, known as Cryptolark, has highlighted data from Polymarket, indicating a 72% chance of Bitcoin achieving a new all-time high (ATH) in 2024.Cryptolark shared this insight with his followers, asking what their BTC price prediction for 2024 was. The expectation that Bitcoin might hit new all-time highs in 2024 is supported by historical trends, with Bitcoin exhibiting positive returns in Q4 during halving years.If history is any indicator, there is a 73% likelihood that Bitcoin will rally in the fourth quarter of 2024; however, whether this tendency will continue is unknown.Bitcoin, the largest cryptocurrency by market capitalization, reached a nearly three-month high of $68,399 in Wednesday’s trading session, following three days of steady increases before dipping.The cryptocurrency market is trading in the red as investors anticipate new economic data after Fed members’ latest comments on the likely path forward for interest rates. On Thursday, the most recent weekly jobless claims figures will be released, as well as September manufacturing and industrial production data.This article was originally published on U.Today More

Web3 companies have faced profitability challenges, worsened by scandals and media stigmatization, leading to a decline in investor trust. Many recognize the need to rebuild confidence and see the importance of cultivating engaged, trustworthy communities. Wagmind Media, a leader in 360° Web3 marketing, is at the forefront of this shift. Combining advanced data analytics with a human-centered approach, Wagmind is transforming social engagement, building trust, and fostering loyalty within decentralized communities. Leveraging cutting-edge technology and human creativity, Wagmind Media is redefining how Web3 companies connect and grow their communities.Data-Driven Insights, Human-Centered ExecutionAt the core of Wagmind Media’s strategy is a seamless blend of data and human touch. “We rely on data to understand community behavior, optimize strategies, and drive decision-making. But the real success comes from how we implement these insights with a human-focused approach,” explains Jorge Perdomo, Co-founder of Wagmind Media. “The numbers guide us, but it’s our ability to connect on an emotional level that builds long-term trust.”Perdomo referenced a recent Chainalysis report, highlighting that 60% of investors review community engagement on social media before investing in a token. “When social activity is weak or unprofessional, it signals high risk to investors. Our role is to ensure that our clients’ communities are active, engaging, and trusted,” Perdomo emphasized.Creative Content and Meaningful ConnectionsFor Jose Bonnet, Co-founder of Wagmind Media, a critical factor for success lies in how data-driven strategies are intertwined with genuine content creation and storytelling. ‘Data informs our approach, but it’s the authentic storytelling that brings the brand’s vision to life and creates meaningful connections,’ Bonnet explains. “Data informs our strategies, but content is what communicates the brand’s vision and builds real connections,” Bonnet explains. “We create compelling, authentic content that invites the community to engage, sparking meaningful conversations and a sense of belonging.”Bonnet stresses that without strong messaging and creative execution, even the best data-driven strategies fall short. “Nowadays, content creation is not enough. We offer an innovative solution that aims at bridging the gap between tech and human interaction. By aligning data insights with thoughtful, engaging content, we ensure our clients’ brands resonate with their audience on a personal level,” he added.The Power of Trust and EngagementWagmind Media’s success is measured through two critical lenses: trust and engagement. “Data helps us track and refine our strategies, but genuine trust is built through consistent, authentic interactions,” says Perdomo. “Technology gives us precision, but it’s our human-centric approach that fosters deeper relationships.”Bonnet echoes this, underscoring that trust and creativity go hand-in-hand. “Our role is to make sure that our clients communicate clearly, engage meaningfully, and, most importantly, earn the trust of their communities—whether they’re global or local. The human touch, backed by data, is how we ensure this.”About Wagmind MediaWagmind Media is a next-gen global Web3 marketing agency specializing in community building through proprietary methodologies that blend technology and human creativity. With a modular, scalable, and personalized model, Wagmind adapts to each client’s unique needs, acting as a true growth partner. By harnessing its global reach, Wagmind helps brands break into new markets and localize their offerings for maximum impact.Users can learn more about how Wagmind helps Web3 brands embark on a growth journey: www.wagmind.comFollow Wagmind on X and LinkedinContactCo-founderJorge PerdomoWagmind Mediahello@wagmind.comThis article was originally published on Chainwire More

Boba Network, a leader in multichain layer-2 scaling solutions, in collaboration with Thrive Protocol launched the Thrive Boba Ecosystem Grants, a program aimed at empowering developers, entrepreneurs, and creators building on Boba. This initiative offers $200,000 in BOBA tokens for projects that drive on-chain activity and expand the Boba ecosystem. Applications are open through October 8, 2024.Program Overview and Eligibility Thrive Boba Ecosystem Grants provide eligible projects with funding between $10,000 and $35,000 in BOBA tokens. Open to both individuals and teams, the program seeks projects within Decentralized Finance (DeFi), Gaming, and Generative AI.Applicants are asked to outline three critical milestones for their projects, which will guide the phased release of grant funding:Boba Network is an optimistic-based multichain layer-2 scaling solution that aims to unlock the potential of roll-up technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Ethereum, and BNB, supporting lightning-fast transactions and fees anywhere from 40-100X less than the respective layer-1. Boba Network is powered by HybridCompute™ technology that brings the power of Web2 on-chain, with smarter smart contracts that allow visionary developers to leverage off-chain compute and real-world data to build hybrid dapps that connect people to the future of blockchain applications.Website: https://boba.networkTwitter: @bobanetworkLinkedIn: https://www.linkedin.com/company/bobanetwork/ContactMarketing ManagerGian KimEnya Labsgian@enya.aiThis article was originally published on Chainwire More