Binance Receives Anti-Money Laundering Registration in Pakistan, Will Provide Cross-Border Crypto Services

On December 12, Federal Reserve official Gullspie stated he remains optimistic that interest rates could see a sharp decline next year, but he expressed concern over rapid rate cuts given the inflation of the past few years. (Source: Oriental Fortune Network)

On December 12, Predictive Oncology announced its official rebranding to Axe Compute and began trading on Nasdaq under the ticker symbol AGPU. Axe Compute will serve as the enterprise operations arm to commercialize Aethir’s decentralized GPU network, offering secure enterprise-grade computing services to AI businesses. Per official details, Axe Compute’s enterprise computing roadmap is backed by the Aethir Strategic Compute Reserve—designed to meet enterprise clients’ needs for GPU reservations, dedicated clusters, bare-metal capabilities, multi-region deployment, and SLA contracts. Aethir currently has deployed over 435,000 GPU containers across 93+ countries and 200 regions globally, supporting mainstream high-end hardware including NVIDIA H100, H200, B200, and B300. Axe Compute’s listing marks the first time decentralized GPU infrastructure has entered the mainstream enterprise market as a U.S.-listed company. Officials note Axe Compute will act as the enterprise front-end

On December 12, Chicago Fed President Evans stated his opposition to the Federal Reserve’s recent 25-basis-point rate cut, arguing further cuts should await more data on inflation and the labor market—especially amid lingering price hike concerns among businesses and consumers. Evans was among the three officials who dissented in the Fed’s 9-3 vote this week, advocating for delaying rate cuts until early next year. “Inflation has stayed above the Fed’s 2% target for four and a half years, with recent progress toward the goal stalling,” he explained. “Nearly all businesses and consumers I’ve spoken with in my district in recent months cite prices as a top concern, so a more cautious approach—waiting for additional information—is prudent.” Evans added that if future data shows inflation returning to the 2% target, he still “optimistically believes” rates “can be significantly lowered” next year. (Source: FX678)

**RaveDAO (RAVE) Token Launches on Binance Alpha, Price Surges 116.2%** RaveDAO’s (RAVE) token went live on Binance Alpha at 8 p.m. UTC+8 on December 12, with early trading delivering sharp gains. Currently trading at $0.26, RAVE has a $60 million market cap—up 116.2% from its opening price. Genesis card holders have already locked in a 250% return, and on-chain trading volume has hit $25 million. Spot trading for RAVE is set to launch on multiple centralized exchanges at 10 p.m. UTC+8 tonight.

December 12 — Pundi AI announced a partnership with LinqAI, the development team behind decentralized computing network LinqProtocol, to collaborate on building a decentralized AI ecosystem powered by trusted data and scalable computing resources. Pundi AI empowers the community to create and verify high-quality AI training data via on-chain provenance and tokenized ownership. LinqProtocol, meanwhile, offers global GPU and CPU resources through its permissionless computing network—delivering cost efficiencies for AI task execution relative to centralized cloud providers. This collaboration will combine Pundi AI’s verifiable datasets with LinqProtocol’s computing network to unlock new compute-intensive use cases, including advanced AI agents, inference workloads, simulation, and automation. The pair shares a vision to put users in control of the value they generate: data ownership stays with creators, and computing power is transparent and globally distributed. As both ecosyste

December 12 – Cryptocurrency market maker GSR announced today that all operations are normal, its business and liquidity conditions remain robust, and it will continue delivering industry-leading execution and services to clients and partners. The firm also looks forward to sustained strong growth in 2026.