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Cointime March 9th News Express

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    Gianni Infantino, President of FIFA, announced the "FIFA Coin" plan at a White House summit, hoping to launch their own cryptocurrency. The aim is to leverage the $170 billion football industry and the 5 billion global football fans. They will invite cryptocurrency experts to collaborate and help realize this project.
  • Argo Blockchain Signs $40 Million Financing Agreement to Support M&A Transactions

    Argo Blockchain, a bitcoin mining company listed on Nasdaq, has announced that it has signed a $40 million senior secured convertible loan agreement, with an initial financing amount of $15 million and the remaining $25 million to be completed in the next 18 months. Three multinational institutions have invested (specific institution names have not been disclosed) and will join the Argo board. The new funds will be used to expand its mining facility in Baie Comeau, strengthen the balance sheet, and conduct a series of potential merger and acquisition transactions.
  • Binance will adjust the collateral ratio of BCH, XTZ and other assets

    According to the official announcement of Binance, Binance will update the collateral ratios of various assets under the investment portfolio margin mode on March 7, 2025 at 06:00 (UTC). The update process is expected to last about an hour. The specific adjustments are as follows: The collateral ratios of BCH, XTZ, and MANA will be reduced from 85% to 75%; The collateral ratio of ONE will be reduced from 80% to 70%; The collateral ratios of BAT and DENT will be reduced from 80% to 65%. Please note that the collateral ratio adjustments will affect the unified maintenance margin rate (uniMMR), and users need to pay close attention to avoid potential liquidation risks.
  • DeepSeek open-sources and releases 3FS, a high-speed parallel file system that optimizes AI data access

    On the fifth day of Open Source Week, its Fire-Flyer file system (3FS) was officially open sourced. As a high-performance parallel file system, 3FS can fully utilize modern SSDs and RDMA networks to achieve high-speed data access, improving the efficiency of AI model training and inference.
  • Hong Kong to allocate HK$1 billion to set up artificial intelligence research institute

    The Hong Kong SAR Government will allocate HK$1 billion to establish an artificial intelligence research institute.
  • Binance Futures will launch U-based and Coin-based quarterly 0627 delivery contracts

    Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U.
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  • BITB’s holdings exceed 40,000 BTC, worth approximately $2.71 billion

    Data shows BitWise's Bitcoin spot ETF BITB has a position of over 40,000 BTC, currently at 40,499.9 BTC, worth approximately $2.71 billion.
  • Cointime June 15th News Express

    1. Chairman of the U.S. SEC: The economic substance of a product determines whether it is a security under the Securities Act
  • Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoption

    Hunter Horsley, the co-founder and CEO of cryptocurrency asset management company Bitwise, said that the term "digital gold" limits the coverage of Bitcoin as an investment asset. Although the image of "digital gold" is helpful for Bitcoin, it has many qualities that are superior to gold. It is time to get rid of this concept. Bitcoin has had many visions in history, such as peer-to-peer electronic cash, independent sovereign currency, and cryptocurrency, conveying people's different expectations of Bitcoin.