Cryptocurrency

SNPad, a new Web3 platform integrating AI and blockchain for personalized TV advertising, announced the upcoming listing of its SNPAD token on Uniswap on June 4, 2024 at 12:00 UTC. The event represents a significant milestone in the project’s ambitious roadmap and will enable it to raise liquidity for SNPAD token trading.SNPad is a groundbreaking advertising platform that seeks to revolutionize how people interact with TV commercials. Users can install SNPad as a free app on their smart TVs, replacing traditional TV channel ads with personalized advertisements from the SNPad platform. These ads start and end simultaneously as the TV channel ads, ensuring a seamless viewing experience. The displayed ads are tailored to the user’s preferences, allowing them to see the desired products. Additionally, ad viewers are rewarded with up to 70% of the ad revenue in SNPAD tokens for their attention.SNPad features a TV app for ad display and a mobile app for profile setup and crypto wallet management. This dual-application approach provides a secure and comprehensive user experience without affecting TV viewing habits. Notably, the SNPad application runs separately from the live TV broadcast and does not alter the TV content.The beta version of the SNPad TV app is now available, allowing LG and Samsung (KS:005930) TV owners, as well as Android and iOS mobile users, to test it on their smart TVs and mobile devices. Their experiences and feedback are invaluable to the SNPad team in refining and enhancing the app’s features.SNPad uses cutting-edge AI technology to detect when a TV program breaks for commercials and seamlessly replaces the original advertisement broadcast with user-personalized ads. This provides users with a bespoke viewing experience and considerable earning opportunities. For example, users can earn up to 70% of the advertiser’s reward in SNPAD tokens for each ad they watch. Moreover, the ads on SNPad have interactive features, such as QR codes, direct purchases, and other activities or information via the remote control.The platform uses a proprietary cloud network to guarantee high availability and redundancy for its backend services. Also, the team established strategic partnerships with Interlan Internet Exchange, Limitless, University Politehnica Bucharest, Incertrans SA, and Lirapay to enhance SNPad’s reach and functionality.SNPad caters to TV viewers as well as to small and medium businesses. The latter now have the opportunity to showcase their products and services to specifically targeted audiences. The platform enables companies to “communicate” with the customers most likely to be interested in their offers based on location, interests, and viewing habits. More importantly, they no longer waste money on unseen ads. Instead, they can track their ads’ performance on the blockchain and clearly see what they need to improve.About SNPadSNPad is a revolutionary Web3 project that is the first to replace traditional commercial broadcasts on cable and satellite TV channels with personalized ads. The project received the “Best Blockchain Startup” award at the Crypto Expo Europe (CEE) 2024.The platform aims to tap into a vast and unexplored market boasting over 1.72 billion homes with TVs worldwide. Its innovative service has an enormous potential for growth and user engagement, rewarding both viewers and advertisers.SNPad will use up to 70% of the commercial business revenue to purchase SNPAD tokens from the market and reward users. The project has already minted all SNPAD tokens and made them available on the market, with no future minting possible.The upcoming listing of the SNPAD token on Uniswap on June 4, 2024, at 15:00 UTC, could mark a historic moment for the television advertising landscape and its imminent integration with AI, blockchain, and other Web3 technologies.Users can follow the project and stay up to date with its development at these links: Website | X (Twitter) | Telegram |ContactRobert [email protected] article was originally published on Chainwire More

Nosana, a decentralized open-source compute network, today announces a groundbreaking strategic partnership with Matrix One, the pioneering decentralised AI character protocol. This collaboration aims to democratize the creation, ownership, and utilization of AI-powered characters, leveraging Nosana’s advanced infrastructure to propel AI technology to new heights.Nosana is renowned for providing AI developers and businesses with affordable, on-demand access to GPUs, offering a cost-effective alternative to centralized solutions. By making GPU compute capacity more accessible, Nosana cuts expenses, decreases deployment times, and offers greater flexibility for engineers and companies. This highlights the vast scale and potential of its decentralized physical infrastructure network (DePIN).By integrating with Matrix One, Nosana will test its platform capabilities, providing Matrix One with access to its advanced GPU grid for extensive computational research and development tasks. This integration will enhance Matrix One’s ecosystem, enabling the creation of more sophisticated and powerful AI avatars.About Matrix OneMatrix One is the decentralised AI protocol for developers and creators, offering a suite of modular tools for crafting characters with multimodal perception capabilities that seamlessly integrate into both virtual and real-world settings. Our vision is to make 3D, accessible, interactive, decentralised, and interoperable AI characters available to everyone. We aim to revolutionise digital interactions by creating AI agents that serve as companions, guides, and collaborators in daily life. At Matrix One, we believe in the transformative potential of AI characters to enhance and enrich human experiences across various domains.Users can learn More about Matrix One: Website | Documentation | Twitter(X) | Discord | Telegram | BlogAbout NosanaNosana is an open-source cloud computing marketplace dedicated to AI inference. Nosana mission is simple: make GPU computing more accessible to all at a fraction of the cost. The platform has two main goals: providing AI users with flexible GPU access and allowing GPU owners to earn passive income by renting out their hardware. By offering affordable GPU power, Nosana enables AI users to train and deploy models faster, without expensive hardware investments, all powered by the $NOS token. Access compute for a fraction of the cost or become a compute supplier at Nosana.io.Users can learn more about Nosana: Website | Documentation | Twitter | Discord | Telegram | LinkedInContactHead of Marketing & PRCaroline [email protected] article was originally published on Chainwire More

The bank is taking a less constructive view on a post-halving bitcoin rally, generally leading to lower December 2024 price targets and estimates. JPMorgan remains overweight on Iris Energy (NASDAQ:IREN) and Riot Blockchain (NASDAQ:RIOT), underweight on Marathon Digital Holdings (NASDAQ:MARA), and neutral on Cipher Mining (NASDAQ:CIFR) and CleanSpark (NASDAQ:CLSK).“We previously modeled a 30% stair-step increase in bitcoin in the months following the halving. We now see a 15% stair-step increase in bitcoin price in the third quarter of 2024, as we believe a portion of the rally may have been pulled forward this cycle,” JPMorgan stated. The report highlighted that Bitcoin is already up 56% year-to-date.At current prices, JPMorgan estimates the notional value of the remaining 1.3 million bitcoin is around $91 billion, down 4% from April 10 and up 109% year-over-year. The four-year block reward revenue opportunity is sized at $47 billion, down 4% from April 10 and up 108% year-over-year. The aggregate market cap of the 14 U.S.-listed miners closed on June 3 trading at 20% and 41% of the nominal value of the proved and four-year block reward opportunity, respectively, ahead of historical averages of 16% and 33%, respectively.IREN announced plans to reach 30 EH/s by the end of 2024, considerably ahead of previous guidance of 20 EH/s. The company expects to have a blended fleet efficiency of 16 J/TH, down from 25 J/TH currently. As such, JPMorgan is increasing its December 2024 price target for IREN to $11 from $10, assuming the company funds 50% of its expansion via their ATM, which would increase the share count by approximately 25%. “IREN has a demonstrated track record of delivering infrastructure and hashrate on time, and operating at industry-leading uptime,” the report noted.JPMorgan summarized its BTC and network hashrate assumptions that drive miner valuations. There have not been any dramatic changes in the price of bitcoin or the network hashrate since the last update on April 10, 2024. The spot BTC price assumption moves to $69,000 (from $68,000, a 1% increase) and the baseline network hashrate assumption remains at 600 EH/s.Meanwhile, JPMorgan is decreasing target gross profit per EH/s estimates, primarily on less constructive near-term bitcoin price assumptions. IREN’s target gross profit per EH/s declined the least because of its improving fleet efficiency. The report sees 38% and 24% upside at IREN and RIOT, respectively.The report also summarized each miner’s hashrate trajectory over the next 18 months. Growth beyond 2024 for most miners is contingent upon executing large purchase orders and/or acquisitions of existing or greenfield facilities.IREN has outperformed peers (and Bitcoin) over the last three months, while RIOT shares have lagged over that time. More

According to the study, which analysed data from the App Radar by SplitMetrics platform, the European cryptocurrency sector has grown by 94% with 1.6 million crypto trading apps downloaded in Q1 2024. In contrast, Q1 2023 saw only 814k downloads. Compared to Q4 2023, the number of Android downloads has also increased by 35%.At the current rates of downloads, European crypto apps look set to near the high water mark set in 2022 when 7.2 million new users started crypto apps.Outside of Europe, the top crypto apps have experienced a 41% increase in Android downloads in Q1 2024 when compared to the same period in 2023, and a 28% increase when compared to Q4 2023.These are signs of growth for 2024 as the crypto sector is bouncing back from the lows of 2023. While the European crypto sector gained 3.8m Android users in 2023, it was a 48% decrease when compared to 2022’s 7.2m. Apps headquartered outside of Europe fared slightly better with a 14% decrease from 96m to 83m.Cumulatively, crypto apps have reached nearly half a billion lifetime downloads (449m). While the sector experienced a 16% decrease in Android app downloads in 2023 – from 2022’s 104m to 2023’s 87m – the global crypto industry is showing signs of promising growth with an increase of 43% in Q1 2024 (30m) vs Q1 2023 (21m), and a 28% increase vs Q4 2023 (24m).The top five apps with European HQs in Q1 2024 were: Luno (568k), Nexo (525k), Blockchain.com (218k), Bitpanda (104k) and Wirex (96k).The top five apps with HQs outside Europe were: Binance (9.3m), Cash App (4.2m), Trust (3.3m), Bybit (2.6m) and OKX (2m),In terms of lifetime downloads, the top apps with crypto trading functionality are: Binance (111m), Cash App (102m), Trust (47m), Coinbase (NASDAQ:COIN) (43m), and Crypto.com (38m).Thomas Kriebernegg, General Manager, SplitMetrics Agency, said: “Crypto is back in a big way this year. The European crypto app market had a particularly challenging 2023 as it came off pandemic highs and significant falls in the price of Bitcoin. With the Bitcoin halving happening in April 2024, the crypto space will most likely gain a lot of traction during the year and when looking at the download numbers we can already get a sense for what might be happening this year.“It is worth noting that there is a clear correlation between increases in the price of major crypto currencies and download numbers. People clearly don’t want to miss out on a crypto gold rush. The question for the industry is whether it can mature to the point where user growth numbers aren’t as heavily influenced by price fluctuations – put simply, can growth be more consistently sustained?“Globally, crypto traders on Android will smash the half a billion mark this year – which is a notable milestone. Looking ahead, user acquisition is inevitably going to become more competitive and costly. Platforms will need to diversify their user bases and this means evolving and investing in their marketing to reach new audiences.” More

New liquid staking token hsETH unlocks greater rewards on Haven1 Haven1, the REKT-resistant EVM Layer 1 blockchain, is thrilled to announce its strategic partnership with Stader Labs, a leading provider of liquid staking solutions, to introduce hsETH, a new liquid staking token that aims to maximize rewards and participation in the Ethereum ecosystem. This collaboration will provide access to a range of Web3 opportunities within Haven1’s secure ecosystem.Leveraging Stader Labs’ multi-pool architecture, hsETH offers another way to engage with Ethereum staking without sacrificing liquidity, making it an option for those seeking to optimize their on-chain yield. Haven1 plans to launch its mainnet in Q3 2024, after which users will be able to seamlessly trade and utilize hsETH as collateral, and participate in a variety of on-chain applications with the potential to earn additional yield within the Haven1 ecosystem.For more information, users can visit www.haven1.org, or contact: [email protected] Haven1Haven1 is the REKT-resistant EVM Layer 1 blockchain, engineered to address the critical challenges of security and liquidity in Web3. Through innovative solutions like the Haven1 Passport (POI), 2FA Wallet-Shield, AI-powered network monitoring, and a robust liquidity aggregation system, Haven1 is building a Safe Haven ecosystem for everything on-chain in Web3.Users can follow and engage with Haven1 on Haven1’s social media and community channels including:Stader Labs is a leading multi-chain liquid staking solution operating across major EVM chains. It offers a top-tier platform that ensures secure, efficient, and unparalleled reward growth opportunities. With a TVL of over 700M+ and 85k+ stakers, it’s the preferred choice for institutions and retail stakers.For more information, users can check out our website: staderlabs.com/eth. Users can stay updated, by following Stader Ethereum on Twitter or joining Telegram group and Discord.ContactAccount DirectorAnna FedorovaBlock3 [email protected] article was originally published on Chainwire More

This caused a particularly funny reaction in the crypto community. So many crypto enthusiasts reminded Warren Buffett of his criticism of the main cryptocurrency. In particular, the famous investor called Bitcoin a “gambling asset” that is worthless. Many noted that, unlike Berkshire Hathaway stock, the cryptocurrency had never experienced such an epic drop.Notably, Edward Snowden, known for his role in disclosures of top-secret intelligence information, joined the party, simply stating, “Bitcoin fixes this.”While Berkshire Hathaway and Warren Buffett are watching their shares halt trading and the crypto community is collectively poking fun at them, the price of BTC continues to take investors on a roller coaster ride. Thus, today, the main cryptocurrency managed to grow by 3.75% to above $70,000 BTC, and then sharply collapsed by more than 2.5%, stopping at the level of $68,500. Currently, Bitcoin is trading at approximately $69,200, triggering a mix of fear and greed among investors.For now, all eyes are on Bitcoin as it navigates the currents of market sentiment, leaving investors to ponder the age-old question: who will emerge victorious in this game?This article was originally published on U.Today More

This article was originally published on U.Today More

$AFK Token Presale Launches: First GameFi and GambleFi Token Presale on TONIn a major leap for blockchain gaming, today marks the launch of the $AFK token presale, the first GameFi and GambleFi venture on the TON blockchain. Merging meme culture with the excitement of gambling and social gaming, $AFK is tailor-made for the crypto-savvy, meme-loving community. Participants have a unique opportunity to join at the ground level and experience a potential profit-sharing model that rewards every token holder.Right after the social TON token Notcoin which achieved a market cap of $2.3 billion, $AFK aims to replicate and surpass this success on the TON blockchain.Airdrops and Affiliate Programs: Enhancing active participation and expansion, the more users engage, the bigger their free token earning potential.Liquidity Pool (NASDAQ:POOL) Contributions: Ensuring smooth and stable trading experiences, team is devoted on creating stable and locked DEX trading pool, with additional CEX launches in the future. For more information and to participate in the presale, users can visit:$AFKPepe is the first TON-based token that integrates GameFi elements with a high-stakes casino vibe, crafted specifically for the Telegram platform. The token not only allows participation but ownership, turning online gambling into a community-driven phenomenon.AFKpepe token is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.ContactCEOAlfaro [email protected] article was originally published on Chainwire More