Akash has activated its Burn-Mint Equilibrium (BME) model, tying on-chain compute spending directly to AKT token market buys and burns, aiming to align token value with real network demand. This shift, implemented in the Mainnet 17 upgrade, introduces a deflationary mechanism where higher compute usage can reduce AKT supply, potentially increasing token value. Following the upgrade, AKT's price rose 41.6% in Q1 2026, reflecting investor optimism about the new value capture method. However, despite increased lease counts, revenue and active provider numbers declined, indicating challenges in scaling high-value workloads. Future growth depends on adoption of new products like Akash Agents and Akash Homenode, which aim to boost compute usage and network participation.
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...
Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...
