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Quai and Akash Forge Blockchain Partnership for Decentralized Cloud Innovation

Quai and Akash Network partner to integrate scalable blockchain and decentralized cloud computing, boosting blockchain efficiency and unlocking real-world Web3 solutions. Quai and Akash Partner to Revolutionize Blockchain and Decentralized Cloud Computing Austin, TX – December 23, 2024 Quai Network, a Layer 1 blockchain renowned for scalability, has joined forces with Akash Network, a leader…

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EQTY Lab, Intel, and NVIDIA Launch Verifiable Compute to Secure AI with Hedera Blockchain

EQTY Lab, Intel, and NVIDIA introduce Verifiable Compute, an AI governance framework anchored on the Hedera blockchain, enhancing transparency, trust, and regulatory compliance. Building AI Trust: Hedera Blockchain Supports Verifiable Compute Framework Dec. 18, 2024 — Virginia, USA In a groundbreaking development for the AI industry, EQTY Lab, Intel, and NVIDIA have unveiled Verifiable Compute,…

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Three ETF products lose $79.4 million as Ethereum ETFs pull in only $2.5 million 

Three out of the nine existing Ethereum ETF products recorded an outflow of $79.4 million yesterday draining the Ethereum ETFs.  The Ether ETFs were left with a balance sheet of $2.5 million following the significant outflows from the three ETF products.  Farside Investors UK revealed that Grayscale’s ETHE, Grayscale’s ETH, and Bitwise's ETHW recorded outflows…

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Federal Reserve Cuts Rates by 25 Basis Points, Boosting Market Hopes

Federal Reserve Cuts Rates by 25 Basis Points, Boosting Market Hopes The Federal Reserve has officially reduced interest rates by 25 basis points, a move in line with market expectations. This rate cut is largely seen as a boost to markets, providing additional liquidity that could support risk-sensitive assets like cryptocurrencies. However, experts caution that…

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Bitcoin Projected to Reach $1 Million by 2027, New Academic Study Predicts

An academic study forecasts Bitcoin could exceed $1 million by 2027, driven by institutional adoption, limited supply, and halving events. Here is the summary below: Bitcoin’s price could hit $1 million by January 2027, driven by institutional adoption and supply constraints. Halving events and liquid supply shortages are major catalysts for price surges. Multiple scenarios…

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