Lake Victoria Gold announced high-grade gold assay results from near-surface diamond drilling at its Imwelo Gold Project in Tanzania, including 28.71 g/t over 2.75 meters and 12.20 g/t over 4.5 meters. These results confirm the presence of rich gold mineralization close to the surface in the planned initial open-pit mining area, Area C. The company is conducting metallurgical testing to optimize processing of the clay-rich weathered ore and will integrate findings into final mine planning and plant design. Development activities, including earthworks and infrastructure, are underway as Lake Victoria Gold advances toward production.
The memecoin sector led gains last week with a 16% average return, second only to Layer 2 tokens. Bitcoin's 10% rise helped boost altcoin sentiment. SPX6900, a memecoin parody of the S&P500, soared 60% over the week, with Open Interest jumping nearly...
Solana's co-founder Anatoly Yakovenko supports changing the network's fixed transaction fee to a usage-based fee that reflects computing resources used, addressing fairness issues for smaller transactions. However, he suggests splitting the current p...
OpenAI has introduced advertisements on ChatGPT for free users and those on its low-cost 'Go' plan in India, one of its largest markets. This move aims to increase revenue ahead of its planned 2027 public listing and support broader access through fr...
Sonic's recent blockchain upgrade enabling Bundle Transactions has driven a surge in decentralized exchange (DEX) volume to $2.46 million, the highest in about two months. This upgrade simplifies transaction approvals by allowing multiple transaction...
A wallet linked to Singapore-based Matrixport deposited $10 million USDC to open a $17.44 million leveraged long position on Ethereum at 20x leverage on Hyperliquid. This trade is part of a larger pattern of institutional-scale leveraged ETH longs by...
