DFINITY’s Cloud Engines program will allocate 20% of enterprise cloud revenue to buy and burn Internet Computer (ICP) tokens, aiming to reduce ICP’s inflation rate from 9.72% to 2.92%. Node providers keep 80% of revenue, while the rest funds token burns linked to customer adoption. The program allows companies to create private subnets on the Internet Computer with customizable nodes and hardware, targeting sectors like finance and government. The success of this initiative depends on Cloud Engines generating enough revenue to significantly increase token burns, alongside governance decisions to reduce node rewards and subnet size.
ICP Cloud Engines program and its token burn plan provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, 38 of 50 rose and 10 fell today. Notable movers include XTZ at Rp5.747 with a 7.42% increase, ALGO at Rp2.266 up 7.14%, and AVAX at Rp195.687 rising 6.00%, as of Oct 12, 2026 09:21 WIB.
Starknet's native token, STRK, experienced a sharp decline of 10.32% within 60 minutes, falling to $0.10893 during a volatile trading session. Over the past 24 hours, STRK's price dropped 8.36%, trading between $0.10606 and $0.12486, with a trading v...
EigenCloud (EIGEN) token increased by 10% to $0.248 after rebounding from a support level near $0.22, supported by stronger trading volume and spot-market buyers. The token had bounced off its 200-day exponential moving average three days prior, indi...
The DATA Network and its Trace registry have joined the Sui blockchain and Walrus data platform to provide a scalable, rights-cleared supply chain for AI training data. This integration enables AI labs to access real-world data with verified provenan...
ZEST token from Zest Protocol surged 14.18% within 15 minutes, briefly hitting 0.23 USDT before its planned listing on Bithumb’s Korean won market. The listing, set to start trading on October 12, will provide ZEST access to a new South Korean tradin...
ZEST token briefly surged to $0.23, gaining 14.18% in 15 minutes on Oct. 12, before settling at $0.22. This spike followed the announcement that Bithumb, a major South Korean cryptocurrency exchange, will list ZEST in its Korean won market with suppo...
