Paramount Gold Nevada announced a positive Initial Assessment for its Sleeper Gold Project in Nevada, projecting an after-tax NPV of $402 million and an IRR of 45% at $3,600 per ounce gold. The project plans to restart mining using existing waste rock and mineral resources with a 17-year mine life, producing about 65,000 ounces of gold annually. At higher gold prices ($4,700/oz), the NPV rises to $867 million with a 66% IRR. Paramount aims to advance permitting and further studies to optimize the project and explore additional resources, positioning Sleeper as a key future asset.
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'...
