China

Bitcoin miner MARA buys majority stake in AI data center firm Exaion

Bitcoin miner Marathon Digital Holdings (MARA) has acquired a majority stake in Exaion, a French company specializing in AI and blockchain data center services. The deal aims to enhance Marathon's capabilities in artificial intelligence and expand its operational footprint in Europe. Exaion operates data centers that utilize renewable energy, aligning with Marathon's commitment to sustainable practices. The acquisition is expected to bolster Marathon's position in the evolving intersection of cryptocurrency mining and AI technologies. Financial details of the transaction were not disclosed.

Read the full article: Coin Telegraph

Hyperliquid's Token Rises as Weekend Iran Shock Finds Few Open Markets

Hyperliquid's token has seen a significant increase in value amid a weekend shock in Iran's financial markets, where many trading platforms remained closed. The limited availability of open markets has led to heightened demand for cryptocurrencies, particularly on decentralized exchanges. This situation has prompted traders to

Hyperliquid's HYPE token jumps 5% as Iran war brings windfall revenue, JUP gains on supply freeze

Hyperliquid's HYPE token experienced a 5% increase in value, attributed to a surge in revenue linked to the ongoing conflict in Iran. The rise in demand for trading platforms amid geopolitical tensions has positively impacted the token's performance. Additionally, JUP has gained traction due to a

Finance Minister Pledges Reform After Crypto Handling Failure in Korea

South Korea's Finance Minister has committed to reforming the country's approach to cryptocurrency regulation following a significant handling failure that led to investor losses. The minister acknowledged the need for improved oversight and a more robust regulatory framework to protect investors and stabilize the market. This

Bitcoin, cryptos under pressure as oil spikes 6% and global markets price in U.S.-Iran conflict

Bitcoin and other cryptocurrencies are facing downward pressure as oil prices surged by 6%, influenced by escalating tensions in the U.S.-Iran conflict. Investors are reacting to the potential for increased geopolitical instability, which is impacting global markets. The rising oil prices are contributing to inflation concerns, further complicating

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Hyperliquid's Token Rises as Weekend Iran Shock Finds Few Open Markets

Hyperliquid's HYPE token jumps 5% as Iran war brings windfall revenue, JUP gains on supply freeze

Finance Minister Pledges Reform After Crypto Handling Failure in Korea

Bitcoin, cryptos under pressure as oil spikes 6% and global markets price in U.S.-Iran conflict