Akash Network’s Token Surges 50% on Upbit Listing
Submitted by Anonymous (not verified) on Tue, 04/23/2024 - 15:30The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus.
The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus.
The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos.
Already a multi-billion-dollar sector of the crypto industry, the DePIN narrative is a promising one, according to experts.
The loans are currently live in Colorado and plan to extend to other states.
Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.
The decentralized wireless platform offers a token-reward system to incentivize users to contribute to the network.
The token will be issued on the Liquid Network, a bitcoin sidechain.
The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk.
The platform also recently surpassed $7.4 billion in total value locked, or TVL.
Brad Garlinghouse highlighted several macroeconomic factors behind the potential growth of the total crypto market value.
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