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Cryptocurrency

Crypto miners chase AI as data centre economics shift

  • Hyperscale Data signed a deal to provide 20 megawatts of AI computing capacity, accelerating its shift away from Bitcoin mining. 
  • The agreement could generate more than US$1.2 billion over its initial term, while the company currently holds 726.94 Bitcoin (CRYPTO:BTC) worth about US$45.9 million. 
  • The broader sector faces execution risk as miners convert crypto infrastructure into AI facilities while maintaining access to power, cooling and long-term customers. 
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Cryptocurrency

Robinhood listing tests Worldcoin amid fresh scrutiny

  • Robinhood added Worldcoin (CRYPTO:WLD) to its crypto trading platform, expanding retail investor access despite a sharp price decline. 
  • WLD fell nearly 15% to around US$0.53, with a market capitalisation of about US$1.8 billion and 24-hour trading volume exceeding US$383 million.
  • Investors remain focused on governance, token distribution and regulatory concerns surrounding biometric identity systems and token unlock schedules. 
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