With Black Friday Coming Up, Retailers Are Better Off Using AI to Combat TheftNEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- My Blend is a groundbreaking blockchain project committed to integrating traditional ecosystems into a distributed digital space. Its methodology revolves around smart contracts, which execute transactions automatically based on predefined rules, reducing manual oversight and human error. By aligning established market practices with modern blockchain principles, Blend strives to create a system that is both verifiable and accessible to a wider audience. How Blend is Building an Evolving Ecosystem Beginning with gaming and expanding into AI and other industries, Blend aims to bridge the gap between conventional frameworks-where closed processes often lead to limited trust-and an environment where every participant can confirm outcomes, probabilities, and the flow of funds. Blend focuses on sustainable development that can adapt over time, emphasizing open participation at every step, letting the project adapt to new industry trends and community demands. A key motivator behind this evolving design is the desire to unite real-world operations with open, on-chain technology. In other words, instead of relying solely on traditional institutions or centralized platforms, Blend wants to eliminate obscure processes by moving critical components-such as game outcomes, probability calculations, and payout mechanisms-onto a public ledger. Initial Focus: Fair and Verifiable Gaming One of Blend's earliest and most prominent goals is to transform the gaming industry into a space where participants can see exactly how each round or match is determined. This shift marks a significant departure from traditional online casinos and gaming portals, which often rely on hidden algorithms or confidential odds. By contrast, games on Blend operate with open logic, meaning that everyone can review the parameters before deciding whether to join a table or place a wager. Planned Types of Games Wager-based experiences bring an added level of excitement. However, they also come with the risk of undisclosed odds or unfair house edges. Blend mitigates these challenges by using verifiable techniques for determining probabilities. This ensures that bettors know their likelihood of winning before placing any money on the line. Card games have long been popular due to their blend of luck and strategy. By digitizing them with verifiable mechanics, Blend intends to ensure that each shuffle is unbiased. This addresses a common concern among online card players: "Are the cards truly random?” Since all operations occur within a blockchain framework, the shuffle process can be checked by anyone with the interest to do so. However, while the game is fully auditable, cards will remain private to their owners during gameplay through high-end encryption. Many online games pit players against bots or depend on hidden advantage mechanisms. Blend's approach aims to remove these suspicions by making game rules and performance data clearly visible. In these contests, user skill takes center stage, as there is no behind-the-scenes manipulation that skews outcomes. Traditional board games often require strategy, forward-thinking, and careful planning. By putting each move on-chain, Blend hopes to foster a sense of trust among participants. Players can track every piece movement, roll of the dice, or resource allocation with complete clarity. A standout aspect of Blend's approach to gaming involves the way it manages the "pot”-or the collective pool of funds used for rewards. Instead of a central house acting as the primary stakeholder, the system allows anyone to become a liquidity provider. This offers two main advantages: For computations that must remain unbiased-particularly probability calculations and random number generation-Blend uses Chainlink. This is a well-known solution in the blockchain community for: Generating random numbers within a fully on-chain environment can be complex. Chainlink helps ensure that random outcomes are genuinely unpredictable, preventing manipulation. Many games rely on external data-anything from sports scores in certain betting scenarios to live events in real-time contexts. Chainlink provides dependable external data, enabling automated smart contracts to execute with accurate information. All probabilities and results are hashed and stored on a distributed ledger. This means that once they're recorded, no single party can alter them afterward, reinforcing credibility in the system. While gaming is a focal point, Blend also plans to explore AI-driven applications as a complementary pursuit. This emerging sector includes: Smart chatbots have grown increasingly popular for both customer service and personalized guidance. Blend aims to harness these technologies to support user queries, moderate gaming chats, or potentially even facilitate automatic matchmaking based on player preferences. AI-based tools that create images, artwork, or other creative outputs have captured the public's imagination. Blend is looking to incorporate these capabilities into its ecosystem, potentially offering unique digital art minted as NFTs or providing creative resources for game interfaces. Incentives and Profitability for Investors Initial Staking with Exclusive Benefits To incentivize early backers, Blend introduces a 10-day lock mechanism with a 15% return. Investors who lock their tokens during this initial period receive guaranteed yields, a move designed to reward those who show confidence in the project's roadmap. During this launch phase, participants also have access to a 12-level referral program , encouraging them to help the community expand. Commissions are distributed not just to direct referrers but also to multiple layers above them. Transition to Variable Staking Once the gaming platform, AI elements, and other key products reach operational maturity, the project plans to shift from a fixed-rate staking model to one driven by real profitability. This means that any returns offered to stakers would reflect the actual revenue generated by Blend's suite of services. Rather than relying on flat percentages, staking rewards would adjust in response to daily or weekly performance, aligning stakeholder interests with the health of the entire ecosystem. Governance and Community Decision-Making (DAO) A Decentralized Autonomous Organization (DAO) underpins Blend's vision of shared responsibility. Under this model: Holding the project's token grants individuals the right to vote on initiatives such as partnerships, development priorities, or changes to incentive structures. By integrating a DAO, Blend ensures that pivotal decisions are not made in private channels but rather in a transparent forum, open for discussion. This furthers the goal of creating an inclusive environment that values user feedback. As Blend moves beyond its foundational offerings, it will look for additional ways to bridge different industries with blockchain technology. Potential avenues include financial services (like decentralized lending or borrowing), extended entertainment collaborations, and even collaborations with established corporations seeking to optimize supply chain processes through smart contracts. The overarching ambition is to deliver a broad ecosystem where each new application-be it gaming, AI, or another area-connects back to a unified set of principles. Users can then explore diverse functionalities, all secured by the same base of trust and on-chain validation. Final Thoughts Blend represents a forward-thinking effort to unify traditional industries with the benefits of blockchain. Through decentralized governance mechanisms and the ongoing integration of advanced tools, the project's roadmap underscores the belief that active communities drive long-term success. Over time, Blend aspires to become a robust platform where new ideas can be tested, refined, and broadly implemented-with each contributor playing a meaningful role in shaping the journey. Participate in the Blend Community Join a revolution where innovation is powered by openness and collaboration. Blend opens the door to a world of possibilities for enthusiasts of blockchain, gaming, and decentralized innovation. Visit myblend.io to explore the platform and join the movement transforming industries through technology and transparency. For updates, connect with Blend on social media: X: https://x.com/myblend_io Telegram: https://t.me/myblend_updates/ Contact person: Michael Allen Company name: My Blend Website: https://myblend.io Email: [email protected] Disclaimer: This content is provided by My Blend. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4eed872b-9649-4145-8880-597cdf97922b
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Sebastian Zapeta, 33, who federal immigration officials said is a Guatemalan citizen who entered the US illegally, was arraigned in Brooklyn criminal court. He appeared briefly before a judge and wore a white jumpsuit over a weathered black hooded sweatshirt. He did not speak. He will remain jailed ahead of his next court date on Friday. The apparently random attack occurred on Sunday morning on a stationary F train at the Coney Island station in Brooklyn. Police said on Tuesday that identification of the victim was still “pending at this time”. Authorities say Zapeta approached the woman, who was sitting motionless in the train car and may have been sleeping, and used a lighter to set her clothing on fire. The woman quickly became engulfed in flames, while the suspect then sat at a bench on the subway platform and watched, according to police. Video posted to social media appeared to show the woman standing inside the train ablaze as some people look on from the platform, and at least one officer walks by. NYPD chief of transit Joseph Gulotta said that several officers had responded to the fire and one stayed to keep the crime scene “the way it’s supposed to be” while the others went to get fire extinguishers and transit workers. They were eventually able to douse the fire, but “unfortunately, it was too late”, Police Commissioner Jessica Tisch said — the woman was pronounced dead at the scene. During Zapeta’s court hearing on Tuesday, Assistant District Attorney Ari Rottenberg said Zapeta at one point fanned the flames on the woman using his shirt. He said a 911 call from a subway rider helped identify Zapeta. Mr Rottenberg added that under interrogation Zapeta claimed he did not know what happened, noting that he consumes alcohol. But he alleged that Zapeta identified himself to interrogators in images related to the attack. Zapeta was taken into custody on Sunday afternoon while riding a train on the same subway line after police got a tip from some teenagers who recognised him from images circulated by the police. A Brooklyn address for Zapeta released by police matches a shelter that provides housing and substance abuse support. The shelter did not immediately respond to a request for comment. Federal immigration officials said Zapeta had been previously deported in 2018 but at some point reentered the US illegally. The crime — and the graphic video of it that ricocheted across social media — deepened a growing sense of unease among some New Yorkers about the safety of the subway system in a city where many residents take the subway multiple times each day.
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Secretaries of State are being told that any outgoings which are not contributing towards one of Labour’s “priorities” must be cut as Rachel Reeves vows to wield “an iron fist against waste.” In letters sent by Chief Secretary to the Treasury Darren Jones, departments will be told to brace for “difficult” spending decisions in order to restore trust in the Government’s handling of the public finances. Every pound of departmental spending will be face a “line-by-line review” involving external finance experts from banks and think tanks in order to ensure it represents value for money, the Treasury said. The Chancellor will on Tuesday launch the next round of Government spending, and is expected to warn departments that they “cannot operate in a business-as-usual way when reviewing their budgets for the coming years”. She will insist that areas focused on Prime Minister Sir Keir Starmer’s “plan for change”, which includes targets to improve living standards across the country and build 1.5 million homes, must be prioritised. Ms Reeves said: “By totally rewiring how the Government spends money we will be able to deliver our plan for change and focus on what matters for working people. “The previous government allowed millions of pounds of taxpayers’ money to go to waste on poor value for money projects. We will not tolerate it; I said I would have an iron grip on the public finances and that means taking an iron fist against waste. “By reforming our public services, we will ensure they are up to scratch for modern day demands, saving money and delivering better services for people across the country. That’s why we will inspect every pound of Government spend, so that it goes to the right places and we put an end to all waste.” Under the Treasury’s plans, departments will ensure budgets are scrutinised by “challenge panels” of external experts including former senior management of Lloyd’s Banking Group, Barclays Bank and the Co-operative Group. These panels, which will also involve think tanks, academics and the private sector, will advise on which spending “is or isn’t necessary”, the ministry said. The Treasury said work has already begun, with an evaluation of the £6.5 million spent on a scheme that placed social workers in schools finding “no evidence of positive impact on social care outcomes”. “Departments will be advised that where spending is not contributing to a priority, it should be stopped,” it said. “Although some of these decisions will be difficult, the Chancellor is clear that the public must have trust in the Government that it is rooting out waste and that their taxes are being spent on their priorities.” Ms Reeves had already announced efficiency and productivity savings of 2% across departments in her autumn budget as she seeks to put the public finances on a firmer footing. In a speech in east London, Chancellor of the Duchy of Lancaster Pat McFadden hinted at a further squeeze. “At the Budget the Chancellor demanded efficiency and productivity savings of 2% across departments – and there will be more to come,” he said. “As we launch the next phase of the spending review at its heart must be reform of the state in order to do a better job for the public.”
Nigeria Customs dissolves joint border patrol teamAhmedabad, The increasing use of divisive rhetoric based on religion, caste and ethnicity poses a major challenge to the constitutional ideal of fraternity as well as the sense of unity in the country, Supreme Court judge Justice Prashant Kumar Mishra has said. He was speaking on the theme of `Fraternity: Spirit of the Constitution' at a national council meeting of the Akhil Bharatiya Adhivakta Parishad, a lawyers' organisation, at Vadtal in Gujarat's Kheda district. The use of identity politics for votes by politicians can deepen social divisions, he warned. Divisive ideologies, growing economic inequality and social injustice are major threats to the spirit of brotherhood, and upholding fraternity is a "shared responsibility" of common citizens, institutions as well as leaders, Justice Mishra said. Among the ideals of liberty, equality, and justice, fraternity shines as the unifying thread that binds the fabric of our democratic society, and without fraternity, the other ideals remain fragile, "like a tripod missing a crucial leg," he said. "A major challenge to fraternity is the increasing use of divisive rhetoric based on religion, caste and ethnicity. When individuals or groups promote narratives that pit one community against another, it weakens the sense of unity envisioned by the Constitution," Justice Mishra said. Identity politics, while sometimes empowering marginalised groups, can become harmful when it focuses solely on narrow group interests at the expense of common good, often resulting in "exclusion, discrimination, and conflict," he said. "Divisive rhetoric creates mistrust among communities, leading to the spread of stereotypes and misunderstandings. These tensions can escalate into social unrest. Moreover, when political leaders use social identities for electoral gains, it deepens these divisions, making it harder to build a collective sense of belonging," the judge added. Digital technology and social media have often been misused to spread hate speech, misinformation and divisive content, Justice Mishra observed. "These challenges to safeguarding fraternity highlight the importance of collective efforts in addressing these issues. Overcoming divisive rhetoric, bridging economic disparities, and harnessing technology responsibly require active participation from every segment of society," he noted. "When we live by the principle of fraternity, we ensure that the values of justice, equality and freedom endure for generations to come. However, the responsibility to uphold fraternity does not rest on any single individual or group. It is a shared responsibility that involves every citizen, institution, and leader in society," he said. Justice Mishra also called for a "multi-faceted approach" to promote fraternity effectively, involving collaborative efforts of lawmakers, civil society and technology. "Laws should be crafted not just to protect rights but to ensure social cohesion and address systemic inequalities. By prioritising these values, the legal framework of the nation can provide the foundation for a society built on fraternity," he said. The judiciary must play a proactive role in safeguarding the principles of fraternity, the judge further said. "We can prioritise mediation and reconciliation where appropriate, write judgments that are not only legally sound but also explained in accessible language, and ensure that court procedures themselves reflect fraternal values," he said. This article was generated from an automated news agency feed without modifications to text.
AP Business SummaryBrief at 4:21 p.m. ESTWorld News Today Live Updates on December 29, 2024 : ‘What I earned in 1 year on X equals ten years as YouTuber’: Gad Saad's revelation sparks debate. Elon Musk respondsLet’s give lefties a break
Stock market today: Nvidia drags Wall Street from its records as oil and gold riseIsraeli airstrike kills nine Palestinians in Gaza: SourcesNew Orleans Pelicans star center Zion Williamson has started the conditioning phase of his rehab from a left hamstring strain and is expected to return to practice next week, the team announced Tuesday. Williamson, who is considered week-to-week, has been sidelined since Nov. 6. The two-time All-Star has played in just six games this season, averaging 22.7 points, 8.0 rebounds and 5.3 assists. New Orleans selected Williamson with the top overall pick in the 2019 NBA Draft. His time with the Pelicans has been marked by multiple injuries, starting with a torn meniscus during the preseason of his rookie year. Williamson has played in just 190 career games over five seasons, while also missing the entire 2021-22 campaign. He has averaged 24.6 points, 6.6 rebounds and 4.2 assists. --Field Level Media
By Baba Martins Former Vice President Atiku Abubakar has extended his Christmas felicitations to the Christian community. Atiku in his Christmas message signed by Mr Paul Ibe, his spokesman called for sacrifices, unity and Love among Nigerians. He also laid the blame of the prevailing hardship in the country on the lack of leadership. Atiku implored Nigerians to embrace a life of love and unity, drawing inspiration from the joyous spirit of the Christmas season. How to choose the right car insurance plan for your lifestyle and driving habits Soludo cancels monarch election in Anambra community He urged citizens to be guided by compassion and selflessness, encouraging them to cherish the significance of Christmas as a time for reflection and togetherness. Atiku reminded Nigerians, particularly Christians, “to express gratitude for the arrival of the Christmas season despite the many challenges and hardships confronting the nation.” “It is a blessing that we can once again celebrate the events leading to the birth of Christ, despite the adversity we face,” he stated. The Peoples Democratic Party (PDP) presidential candidate in the last elections, however, accused the current political leaders of not making the necessary sacrifices for the nation’s collective good and condemned the lack of leadership, “which has resulted in widespread suffering and preventable deaths across the country.” Atiku appealed to Nigerians to remain united, embrace one another with love, and confront the root cause of their struggles – poor leadership. “With love and unity, there is no obstacle too great to overcome. Let us, therefore, come together to share love and joy with all people of goodwill,” he said. Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You. Atiku Christmas l Sacrifices UnityNEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly three in seven of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. “Investors should enjoy this rally while it lasts—there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 0.5% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, including a 12.4% jump for electric-vehicle company Nio and a 7.4% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol ’s brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
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The Florida Panthers and Colorado Avalanche, who both have Stanley Cup aspirations this season, have been going in different directions entering Saturday's matchup in Sunrise, Fla. Florida is 1-4-0 in its past five, while Colorado is 5-1-0 in its past six. Panthers coach Paul Maurice, however, said he is not particularly concerned over a 3-1 loss at Chicago on Thursday. "This is bigger," Maurice said. "This is a five-game block. We played one (game) we liked, and that's not good enough for us." That one game the Panthers liked was a 6-0 home win over NHL-leading Winnipeg last Saturday. But other than that, the Panthers have struggled, and Maurice bemoaned his team's unforced turnovers on Thursday. On offense, Maurice said his players were "late on a whole bunch of things out there" that could've been goals. The reigning Stanley Cup champions have stars all over the ice, including forwards Sam Reinhart, Aleksander Barkov and Matthew Tkachuk, defenseman Gustav Forsling and goalie Sergei Bobrovsky. Reinhart has a 12-game points streak (10 goals, eight assists) and entered Friday tied for the NHL lead in goals with 15. Barkov, the team captain and one of the NHL's best defensive forwards, has missed eight games this season. But he is still tied with Reinhart for the team lead in assists with 15. Tkachuk, who has missed five games, has five goals and eight assists in 15 contests. However, his value goes far beyond the numbers as the heart and soul of the team. Forsling, an offensive defenseman, has 11 points (three goals, eight assists) in 20 games and leads the team in plus/minus at plus-13. Bobrovsky, who is expected to start on Saturday, is 9-4-1 this season with a 2.98 goals-against average and a .893 save percentage. For his career, he is 12-4-2 with a 2.66 GAA and a .912 save percentage against Colorado. The Avalanche, meanwhile, are coming off a 2-1 win over host Washington on Thursday. Colorado coach Jared Bednar said his team's depth has been showing up during this recent hot streak. "All four lines are contributing," he said. Like the Panthers, the Avalanche have stars up front, on the blue line and between the pipes. Center Nathan MacKinnon and defenseman Cale Makar are considered by many to be among the top five players in the NHL. Winger Mikko Rantanen has turned in two straight 100-point seasons and goalie Alexandar Georgiev is coming off his first All-Star Game in 2024. MacKinnon, a seven-time All-Star and the reigning league MVP, has averaged 125 1/2 points over the past two seasons. This season, he led the NHL in assists (27) and was tied for first in points (34) entering Friday. Rantanen, a two-time All-Star, has nine goals over his past eight games. For the season, he leads Colorado with 13 goals and is tied for second with Makar in points (28). Makar, a three-time All-Star and the Rookie of the Year in 2020, won the Norris Trophy in 2022 as the league's best defensemen. Entering Friday, he leads all NHL blueliners in points. Georgiev is 5-5-0 with a 3.31 GAA and a .874 save percentage. He missed two games due to an upper-body injury before returning on Thursday to beat Washington with 28 saves. For his career against Florida, Georgiev is 2-3-0 with a 3.78 GAA and a .903 save percentage. --Field Level Media
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