Press Release
Will Hash Power Mining Lead Ethereum Into 2.0?
2020 is destined to be an extraordinary year. The global health problems brought about by the Corona-virus, had not only accelerated fluctuation in personal assets, but also intensified the turbulence of the capital market. The first thing that bears the brunt is the US dollar system as the global currency, followed by crude oil, stocks, etc. At this time, the outstanding performance of cryptocurrencies has attracted the attention of many traditional investors, and the concept of “mainstream cryptocurrencies as safe-haven assets” was mentioned again.
From the perspective of M1, bitcoin is now recognized as the sixth largest currency in the world, which indicates that cryptocurrencies have officially integrated into the global mainstream financial system.
In 2020, the world’s largest digital payment platform PayPal announced that it will soon be able to let its more than 1 billion users to trade cryptocurrencies such as BTC, ETH through its online wallet.
In 2020, a financial services company led by Jack Dorsey, CEO of the digital payment company Square, announced that it had bought 4,709 BTC worth $50 million, which accounted for 1% of the company’s total assets.
In 2020, Singapore’s largest retail and commercial bank — DBS Bank, will soon launch the DBS cryptoexchange, which will support Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) to start with.
In 2020, Ethereum settlement exceeded 1 trillion USD, surpassing the Bitcoin network settlement amount for the first time.
In 2020, the ecological market value of Ethereum has exceeded 100 billion USD, and the total lock-up amount of the Ethereum DeFi project has exceed 10 billion USD, which is a tenfold increase compared to 2019.
In 2020, the concept of DeFi made an explosion in the blockchain industry. Until late august, the total market value of all Defi tokens has reached 11.5 billion USD, the trading volume of decentralized cryptoexchanges has exceeded 400 million USD, and the total lock up value of DeFi projects has raised over 6.2 billion USD.

Moreover, the data above came from the current congestion and the racket high gas fee of ETH . After Ethereum 2.0 is fully launched, the TPS of Ethereum said to be increasing from 10-25 TPS to 100,000 TPS, and the market value of Ethereum ecosystem will reach trillions of dollars.
Although there are many complaints about the Ethereum network now, among the 242 DeFi projects, 197 are deployed on Ethereum, while EOS and Bitcoin have only 22 and 23 DeFi projects respectively.
With the increasing scale of the Ethereum DeFi ecosystem, the governance rights will be handed over to the community more and more, which makes migration basically impossible. This situation makes Ethereum and DeFi pushing each other’s mutual achievements.
From investors’ perspective, having experienced the collapse of ICO and many other incidents, it may be difficult for them to establish trust in centralized crypto-projects again.
In this context, the Galaxy Cloud hash power mining platform is a decentralized asset management platform that integrates ETH 1.0 POW mining , ETH 2.0 POS cloud mining and DeFi liquid mining, and is constructed to achieve tens of trillions of dollars of market value of ETH 2.0 in the future!

Galaxy Cloud hash power mining platform is created by the Galaxy Cloud Foundation. Galaxy Cloud Foundation was branched from Singapore AI Foundation in May 2020, aiming to support the research and development of various blockchain software and hardware, among which Ethereum and the decentralized technology ecosystem are the main targets.
Since the establishment of Singapore AI Foundation in 2017, it has been committed to support the research and development of artificial intelligence, and the return on their investment projects has been at the leading level of the AI industry. At the beginning of 2020, the AI Foundation decided to put out some funds and personnel to establish a blockchain fund to help the development of the emerging technology industries, and there came Galaxy Cloud Foundation.
The mission of Galaxy Cloud Foundation is to promote the development of new technologies and applications, especially in the field of new open and decentralized hardware and software architectures. Its goal is to develop, cultivate, promote and maintain decentralized and open technologies.
Galaxy Cloud Foundation gathers the world’s top financial technology talents, through years of research and development, formed the world’s leading artificial intelligence DeFi asset management platform — Galaxy Cloud hash power mining platform. Based on the global DeFi alliance (including Uniswap, MakerDao, Debank and dozens of other DeFi platforms), it integrated ETH 1.0 POW mining, ETH 2.0 POS cloud mining and DEFI liquidity mining. The Galaxy Cloud hash power mining platform will become the benchmark application of the future DeFi ecology, helping to build an application ecology with a market value of 10 trillion US dollars for ETH 2.0 for the next ten years.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Wellows Publishes AI Citation Study Based on 9,471 Prompts
Wellows has published a new research study examining AI citation patterns across 9,471 prompts. The study analyzed 382,176 AI answers across ChatGPT, Gemini, Perplexity, Google AI Overviews, and Google AI Mode. Sites cited often on other topics also tended to receive more citations on separate prompts on all five engines, and ChatGPT showed the weakest topic coverage signal.
Dubai, United Arab Emirates, 9th Oct 2026 – Wellows has published a new study examining AI citation patterns across 9,471 English-language prompts and 151 topics. The research found that websites cited often on other topics also tended to receive more citations on separate prompts within the topics tested.

Citation reach, a site’s citation frequency on prompts about other topics, had the strongest association with held-out citations on all five engines, with correlations from 0.29 on Perplexity and ChatGPT to 0.37 on Gemini. Reach was more closely associated with held-out citations than topic coverage on Gemini (0.37 against 0.20) and ChatGPT (0.29 against 0.13).
Citation coverage inside a topic was also associated with held-out citations. On four of five engines, it tracked held-out citations more closely than a stored 0 to 100 domain authority score, with the widest gap on Perplexity (0.25 against 0.15). On Gemini, the two were level, at 0.20 and 0.21.
ChatGPT showed the weakest coverage signal. Among sites with similar reach, the coverage correlation was 0.043 on ChatGPT and 0.208 on Google AI Overviews.
“A site an engine cites on one topic is more likely to be cited on the next prompt,” said Khadija Zaman, AI Search Manager at Wellows and author of the study. “That is an association in our data, not a recipe. We did not test whether publishing more changes it, and we say so in the report.”
For the study, Wellows collected 382,176 AI answers to the 9,471 prompts from ChatGPT, Gemini, Perplexity, Google AI Overviews and Google AI Mode between January and June 2026. Within each topic, researchers split the prompts into two sets, measured which of the 92,112 websites were cited in one set, and tested whether that pattern carried over to the held-out set. The study is observational, and it does not show that publishing more pages, PR, or link building earns citations.
The full method, charts, and data are available in the Wellows study on topical authority and AI citations.
About Wellows
Wellows is an AI visibility platform for agencies and brands. It helps them track where they appear across AI platforms, find content and citation gaps, and close them.
Media Contact
Organization: Wellows
Contact Person: Masab Gadit
Website: https://wellows.com/
Email:
media@wellows.com
Contact Number: +971557375697
Address: A1-UG-001, IFZA Dubai – Building A1, Dubai Silicon Oasis
City: Dubai
Country: United Arab Emirates
Release id: 49755
View source version on King Newswire:
Wellows Publishes AI Citation Study Based on 9,471 Prompts
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Evolution Metals & Technologies Corp. Raises Fiscal 2026 Revenue Guidance 62% at Midpoint to $10–$11 Million and Reaffirms $400–$460 Million Fiscal 2027 Outlook
Miami, Florida, October 9th, 2026, FinanceWire
Delivery of thirteen additional ULVAC sintered magnet production machines scheduled for delivery in October are expected to expand annual capacity to more than 10,000 metric tons of magnets as EM&T scales its non-China feedstock position to meet strong customer demand
Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, today raised its fiscal 2026 revenue guidance to $10 million to $11 million, up from the previous range of $5 million to $8 million announced on September 10, 2026. The increase represents a 62% raise at the midpoint, delivered less than one month after the Company issued its initial outlook. EM&T also reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million.
Guidance Highlights
Fiscal 2026 revenue guidance raised to $10 million–$11 million (up from $5 million–$8 million); representing a 62% increase at the midpoint ($10.5 million vs. prior $6.5 million)
- Low end of the fiscal 2026 range doubled, from $5 million to $10 million
- Fiscal 2027 revenue guidance of $400 million–$460 million reaffirmed; the $430 million midpoint represents approximately 41 times the raised fiscal 2026 midpoint
- Thirteen additional ULVAC sintered magnet production machines scheduled for delivery in October 2026, with installation to commence immediately following delivery in Pohang, Republic of Korea
- Annual magnet production capacity expected to exceed 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets
- December 17, 2026 showcase of what EM&T believes is the largest commercial magnet facility in the world, ex-China
The raised guidance is driven by EM&T’s expanded ex-China rare earth feedstock position and the production capacity it unlocks, as well as improved rare earth pricing and continued strong commercial demand. The Company is actively scaling operations to meet this demand. In Pohang, thirteen additional ULVAC sintered magnet production machines are scheduled for delivery in October 2026, with installation to commence immediately following delivery. Once operational, these machines are expected to expand annual rare earth magnet production capacity to more than 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets.
“The raised guidance reflects strong customer demand, improved rare earth pricing, and our ability to source rare earth materials that bring our additional production capacity online this year,” said Frank Moon, Chief Executive Officer of EM&T. “Our fiscal 2027 outlook is unchanged, and the operational priorities behind it remain clear: commission additional equipment, bring expanded power and facility capacity online, secure rare earth materials for higher production volumes, complete additional customer qualifications and convert demand into expanded magnet shipments. We will keep the market updated as we continue to execute at warp speed. We look forward to showcasing what we believe is the largest commercial magnet facility in the world, ex-China, on December 17, 2026. We have already received attendance confirmations from industry leaders and executives, government officials, trade partners, investors, banking research teams and, of course, our entire board, which includes veterans of senior U.S. government leadership.”
“Non-China rare earth magnet supply remains a strategic priority of U.S. national security and industrial policy decisions,” said Andrew Knaggs, President of EM&T. “DFARS 252.225-7052 is expected to extend the mine-to-magnet restriction across the entire supply chain for neodymium-iron-boron magnets beginning January 1, 2027, and the July 2026 Executive Order substantially tightened the conditions for waivers and directed faster qualification of compliant sources. EM&T’s manufacturing platform, non-China sourced rare earth materials and production expansion are built to meet those needs at commercial scale, while continuing to serve our established, revenue-generating global customer base.”
About Evolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. (Nasdaq: EMAT) is a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals and technologies. By leveraging proven commercial-scale operations, advanced processing technologies, and strategic partnerships, EM&T operates what it believes is the only vertically integrated critical materials supply chain spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets (including high-performance rare earth magnets) and battery materials. For additional information, please visit investors.evolution-metals.com and follow the Company on LinkedIn.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s fiscal 2026 revenue guidance of $10 million to $11 million and its fiscal 2027 revenue guidance of $400 million to $460 million and the assumptions underlying them; anticipated revenue growth and the expected contribution of the Pohang expansion to revenue; expected magnet shipments, production capacity and utilization; the timing of delivery, installation and commissioning of ULVAC equipment; the timing and availability of expanded power capacity, land and governmental grants supporting EM&T’s Pohang operations; anticipated demand from existing and prospective customers, including customers seeking DFARS-compliant supply; the conversion of demand and commercial opportunities into orders, shipments and revenue; the availability of feedstock and working capital or other financing required to purchase feedstock and support higher production volumes; improved rare earth pricing, product mix and shipment timing; changes in the DFARS 252.225-7052 effective date, scope, waiver practices, tariffs or other government policies; the development of the Company’s planned U.S. industrial campus; and EM&T’s plans to expand its critical materials processing and permanent magnet manufacturing operations. These forward-looking statements, together with terms such as anticipate, expect, intend, may, will, should, believe, guidance, outlook, positioned and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. The Company’s guidance is based on management’s current expectations and assumptions, including anticipated customer demand, and is not based on contracted volumes. Actual revenue will depend, among other factors, on the Company’s ability to convert demand into firm orders and shipments. Such risks include, among others, delays in equipment delivery, installation and commissioning; the Company’s ability to complete its land-use arrangements, execute power supply documentation and satisfy conditions applicable to governmental grants; the ability of counterparties to perform their obligations; the Company’s ability to obtain working capital and other financing on acceptable terms, or at all, and to continue as a going concern; the availability and cost of non-China rare earth feedstock; the Company’s ability to secure purchase orders from existing and prospective customers at anticipated volumes and prices; customer qualification requirements; changes in the DFARS 252.225-7052 effective date, waiver practices, tariffs or other government policies; competition; rare earth pricing and currency fluctuations; the Company’s ability to achieve contemplated production capacity, utilization levels, yields and operating efficiencies; financing, supply-chain and market risks; and the other risks described in EM&T’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results, performance or achievements may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date made. EM&T undertakes no obligation to update any forward-looking statement except as required by law. Additional information concerning factors that may affect EM&T’s expectations and projections is contained in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 20, 2026, its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026, filed with the SEC on August 17, 2026, including the disclosures under “Risk Factors” therein, and other documents filed or to be filed with the SEC by EM&T. SEC filings are available at www.sec.gov.
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Press Release
Makeover Group Launches to Help Founders in Italy Build Businesses That Run Without Them
Italy, 9th Oct 2026 – The Makeover Group steps out as an operator-led holding company helping founders in Italy build businesses that run without them. Headquartered in Florence, the group builds, operates, and grows businesses across finance, property, blue collar trades, and business transformation in Italy.
Founded by Alessandro Badalamenti, the group addresses a core issue for entrepreneurs. Most businesses face founder dependency. The Makeover Group replaces this dependency with systems and shared infrastructure. Establishing the financial control, operations, and growth systems for founders allows a business to scale or be sold without relying on one person.
The group runs three operating companies across four verticals. TMG Books serves as an English-speaking accountant in Italy and an English-speaking commercialista. It provides expat accounting in Italy and Partita IVA setup for founders. BM Real Estate handles property management in Tuscany. Casa Bada Tuscany manages villa rentals, events, and destination weddings. The group also provides consulting to help owners build a business that runs without them.
The firm operates real businesses with real clients and payroll. It is not an advisory firm that consults from the sidelines. Everything it recommends it has run itself first. The group has helped a Tuscan food producer structure their business with clear financials and branding. It also hired more than 100 electricians in under eight weeks for a large data centre contractor.
“Most founders think they have a growth problem. What they actually have is a founder dependency problem. When you put in the systems and the financial clarity that let a business run without you, everything changes. That is the work we do,” said Alessandro Badalamenti.
About The Makeover Group:
The Makeover Group is an operator-led holding company based in Florence, Italy. The group replaces founder dependency with systems so businesses can run independently. It was founded by Alessandro Badalamenti, an operator who has built and run businesses across Florence, Sydney, and Seattle.
Media Contact
Name: Anja Mertl
Email: hello@yourtmg.com
Phone: +39 334 2039 706
Legal Entity Name and Partita IVA: The Makeover Group, P. IVA 07406690482
Founding Year: 2024
Media Contact
Organization: The Makeover Group
Contact Person: Support Team
Website: https://www.themakeovergroupco.com/
Email: Send Email
Country: Italy
Release id: 49798
View source version on King Newswire:
Makeover Group Launches to Help Founders in Italy Build Businesses That Run Without Them
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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