American Resources Corp's affiliate ReElement Technologies and South Korea's POSCO International have formed a joint venture to develop a $200 million rare earth refining and permanent magnet manufacturing facility in the US. The project aims to create a domestic supply chain covering feedstock sourcing, separation, purification, refining, and magnet production, with initial production of 3,000 metric tons of rare earth oxides targeted for 2028, expanding to 6,000 tons by 2030. This venture supports critical supply chains for defense, EVs, semiconductors, AI, and clean energy technologies, addressing a key market gap in the US rare earth sector. Final site selection is underway, with phased production planned.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
