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Ethereum developers are increasingly turning their attention to Lightchain AI, an altcoin making waves with its groundbreaking integration of blockchain. Lightchain AI’s unique Proof of Intelligence (PoI) consensus mechanism sets it apart from traditional altcoins, offering a more sustainable and scalable solution. By enabling AI-focused tasks to run seamlessly on the blockchain, Lightchain AI expands what’s possible in decentralized applications. Investors and developers alike have taken notice, especially given the token’s presale price of just $0.003—an attractive entry point for those seeking both innovation and growth in the crypto market. Ethereum (ETH) Challenges Ethereum, the second biggest digital coin, deals with many problems that could a͏ffect its rise and rule in the block chain area. Growth remains a big problem; as even with updates like Ethereum 2.0 the network's deal speed is still small leading to crowding and high costs when usage is at its peak. Layer 2 solutions like Arbitrum and Optimism offer faster and cheaper transactions, which could challenge Ethereum’s dominance in decentralized apps and finance. The growing regulatory uncertainty, especially in the U.S., adds further pressure, creating risks for its development and use. Market volatility adds another layer of complexity, as Ethereum’s price has lagged behind Bitcoin, shaking investor confidence and affecting market stability. With Ethereum’s ecosystem expanding, new security vulnerabilities also emerge, making it crucial to keep improving to maintain user trust. Overcoming these challenges is key to Ethereum’s continued growth and long-term success. Why Ethereum Developers Are Turning to Lightchain AI Here are some key reasons why Ethereum developers are taking notice of Lightchain AI and integrating it into their projects Ethereum developers are seeking more scalable solutions to handle the growing demand for decentralized applications (dApps). Lightchain AI's innovative technologies, such as Proof of Intelligence (PoI), provide an efficient consensus mechanism that significantly reduces scalability bottlenecks. Lightchain AI features a decentralized governance model, allowing Ethereum developers to participate in key decision-making processes. This empowers developers to shape the platform's future and ensures that the community's interests are represented in its growth and development. With growing concerns over energy consumption and network efficiency, Ethereum developers are drawn to Lightchain AI's Proof of Intelligence (PoI) mechanism, which reduces the environmental impact associated with traditional consensus mechanisms like Proof of Work (PoW) while maintaining robust security. Lightchain AI provides Ethereum developers with powerful tools and resources, including technical documentation, APIs, and developer portals, enabling them to quickly integrate and deploy AI-powered blockchain applications with ease. Breakthroughs in Blockchain and AI Integration Lightchain AI is setting a new standard by smoothly integrating artificial intelligence directly into the blockchain, opening up many new possibilities that were once thought impossible. Its PoI consensus mechanism makes sure that every transaction helps in developing AI models, creating an ecosystem where blockchain operations actively contribute to AI progress. Additionally, Lightchain AI’s AIVM enables the execution of AI-specific tasks on the blockchain, giving developers the tools to create smarter decentralized applications. This combination of AI and blockchain technology makes Lightchain AI a versatile and future-ready platform for building decentralized apps. Opportunities for Ethereum Developers in Lightchain AI's Ecosystem As Ethereum developers continue to explore more advanced technological solutions, Lightchain AI presents an exciting opportunity to get involved with a growing ecosystem. Lightchain AI offers a decentralized governance model that allows developers to directly participate in decision-making processes, shaping the platform’s evolution. This community-driven approach makes sure that developers' needs and ideas are listened to, while also rewarding contributions with token rewards. By joining the Lightchain AI ecosystem, Ethereum developers can use advanced tools like PoI and AIVM to build smarter, more scalable dApps, ensuring their projects are ready for the future of blockchain technology. Get Involved with Lightchain AI's Presale Opportunity The Lightchain AI presale is a great opportunity for both developers and investors to get in early. With tokens priced at just $0.003 each, this presale gives exclusive access to Lightchain AI’s expanding ecosystem. By securing tokens now, developers can stay ahead and be part of an exciting platform that’s set to transform the blockchain landscape. Lightchain AI is more than just a token—it’s an opportunity to be a part of the next generation of blockchain and AI integration. Visit lightchain.ai today to secure your tokens and join this groundbreaking ecosystem. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
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ERIE, Pa. , Dec. 12, 2024 /PRNewswire/ -- At its regular meeting held Dec. 10, 2024, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE ) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933. The Board agreed to maintain the current management fee rate paid to Erie Indemnity Company by Erie Insurance Exchange at 25 percent, effective Jan. 1, 2025 . The management fee rate was 25 percent for the period Jan. 1 through Dec. 31, 2024 . The Board has the authority under the agreement with the subscribers (policyholders) at Erie Insurance Exchange to set the management fee rate at its discretion; however, the maximum fee rate permissible by the agreement is 25 percent. This action was taken based on various factors including consideration and review of the relative financial positions of Erie Insurance Exchange and Erie Indemnity Company. The Board also agreed to increase the regular quarterly cash dividend from $1.275 to $1.365 on each Class A share and from $191.25 to $204.75 on each Class B share. This represents a 7.1 percent increase in the payout per share over the current dividend rate. The next quarterly dividend is payable Jan. 22, 2025 , to shareholders of record as of Jan. 7, 2025 , with a dividend ex-date of Jan. 7, 2025 . About Erie Insurance According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania , is the 12th largest homeowners insurer, 13th largest automobile insurer and 13th largest commercial lines insurer in the United States based on direct premiums written. Founded in 1925, Erie Insurance is a Fortune 500 company and the 17th largest property/casualty insurer in the United States based on total lines net premium written. Rated A+ (Superior) by A.M. Best, ERIE has more than 7 million policies in force and operates in 12 states and the District of Columbia . News releases and more information are available on ERIE's website at www.erieinsurance.com. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements contained herein that are not historical fact are forward-looking statements and, as such, are subject to risks and uncertainties that could cause actual events and results to differ, perhaps materially, from those discussed herein. Forward-looking statements relate to future trends, events or results and include, without limitation, statements and assumptions on which such statements are based that are related to our plans, strategies, objectives, expectations, intentions, and adequacy of resources. Examples of forward-looking statements are discussions relating to premium and investment income, expenses, operating results, and compliance with contractual and regulatory requirements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Among the risks and uncertainties, in addition to those set forth in our filings with the Securities and Exchange Commission, that could cause actual results and future events to differ from those set forth or contemplated in the forward-looking statements include the following: dependence upon our relationship with the Erie Insurance Exchange ("Exchange") and the management fee under the agreement with the subscribers at the Exchange; dependence upon our relationship with the Exchange and the growth of the Exchange, including: general business and economic conditions; factors affecting insurance industry competition, including technological innovations; dependence upon the independent agency system; and ability to maintain our brand, including our reputation for customer service; dependence upon our relationship with the Exchange and the financial condition of the Exchange, including: the Exchange's ability to maintain acceptable financial strength ratings; factors affecting the quality and liquidity of the Exchange's investment portfolio; changes in government regulation of the insurance industry; litigation and regulatory actions; emergence of significant unexpected events, including pandemics and economic or social inflation; emerging claims and coverage issues in the industry; and severe weather conditions or other catastrophic losses, including terrorism; costs of providing policy issuance and renewal services to the subscribers at the Exchange under the subscriber's agreement; ability to attract and retain talented management and employees; ability to ensure system availability and effectively manage technology initiatives; difficulties with technology or data security breaches, including cyber attacks; ability to maintain uninterrupted business operations; compliance with complex and evolving laws and regulations and outcome of pending and potential litigation; factors affecting the quality and liquidity of our investment portfolio; and ability to meet liquidity needs and access capital. A forward-looking statement speaks only as of the date on which it is made and reflects our analysis only as of that date. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changes in assumptions, or otherwise. SOURCE Erie Indemnity CompanyAP Business SummaryBrief at 7:36 a.m. EST
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Dallas Cowboys star guard Zack Martin is doubtful for Sunday's game against the Washington Commanders due to ankle and shoulder injuries. Martin didn't practice at all this week. He also physically struggled during Monday night's loss to the Houston Texas. Martin, who turned 34 on Wednesday, has started all 162 games played in 11 seasons with the Cowboys. He's a nine-time Pro Bowl selection and a seven-time first-team All-Pro. Tight end Jake Ferguson (concussion) and safety Markquese Bell (shoulder) have been ruled out. Neither player practiced this week after being hurt against the Texans. Cornerback DaRon Bland (foot) practiced in full this week and will make his season debut. He was injured in August. Star wideout CeeDee Lamb (back/foot) was a full practice participant on Friday and is good to go. Cornerback Trevon Diggs (groin/knee) and receiver Brandin Cooks (knee) are among six players listed as questionable. The others are offensive tackle Chuma Edoga (toe), guard Tyler Smith (ankle/knee), defensive end Marshawn Kneeland (knee) and linebacker Nick Vigil (foot). --Field Level MediaVentive Hospitality IPO Listing Today: Will It Be A Lackluster Debut? What GMP Indicates
FRISCO, Texas (AP) — Dallas Cowboys linebacker DeMarvion Overshown could miss the 2025 season recovering from the right knee injury sustained in a loss to Cincinnati, coach Mike McCarthy said Tuesday. McCarthy said Overshown has a “long road of rehab in front of him.” The second-year player tore multiple ligaments when a Bengals lineman crashed into his leg in the Cowboys' 27-20 loss Monday night. Overshown missed all of his rookie year in 2023 after tearing the ACL in his left knee in a preseason game. The latest injury came in his first game since a spectacular 23-yard interception return for a touchdown in a 27-20 victory over the New York Giants on Thanksgiving. “DeMarvion is getting ready to have a big surgery in front of him,” McCarthy said of the procedure planned this week. “His physical and football talent speaks for itself. He’s such a bright light. He’s got a great, infectious personality — a tough young man. He is definitely going to be missed.” The former Texas standout, drafted in the third round last year, was second on the team to star pass rusher Micah Parsons with five sacks when he went down. The December timing of Overshown's injury means rehab is likely to extend past training camp and into the regular season next year, after he turns 25. Parsons was emotional when asked about Overshown after the Cincinnati game. “I cried,” he said. “It’s like my little bro, bro. He doesn’t deserve that either. Just to understand what he’s going to go through and to be there for him physically, mentally. It’s just so challenging because of the year he was having. I really just don’t think that’s fair either.” The loss of Overshown comes with defensive end DeMarcus Lawrence close to return from a foot injury that has sidelined him since Week 4. But the Cowboys (5-8) are all but out of the playoffs as they prepare to visit Carolina (3-10) on Sunday. AP NFL: https://apnews.com/hub/nfl
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Seahawks to activate S Rayshawn Jenkins back to active roster for Sunday's gameWould you pay $700 a night to sleep under the stars at this Colorado resort?
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