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Bernstein projects IREN’s AI cloud business will reach $17 billion in annual revenue by 2030, and the company may cease Bitcoin mining by the end of 2026.

2026.09.03 16:52:30

Beating AI News: As its AI cloud business expands, Bitcoin mining firm IREN is projected to generate around $17 billion in annual AI cloud revenue by 2030, with its cloud computing capacity set to expand to approximately 2GW. Bernstein forecasts that IREN will phase out its Bitcoin mining operations by the end of 2026. Meanwhile, the price of IREN’s three-year AI cloud contracts has risen by roughly 125% since last November, reflecting sustained growth in AI computing power demand and related pricing power.

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New Wallet Deposits 4M $USDC to Hyperliquid, Opens 5x Long on 3,000 $XMR

Someone created a new wallet, deposited 4M $USDC into #Hyperliquid, and opened a 5x long on 3,000 $XMR ($1.77M).

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Bitget launches a financial results season derivatives contract campaign: trade SanDisk and SK Hynix to unlock a 50,000 USDT prize pool.

Bitget has launched its financial report season contract event. During the event period, users who complete designated US stock contract trading tasks will receive a lucky mystery box. The mystery box prize pool includes USDT position experience vouchers and multiple popular token rewards, with a single maximum prize of 0.3 ETH. The winning rate is 100%, and prizes are limited in quantity, distributed on a first-come, first-served basis. Additionally, the event features a trading leaderboard competition: the top 200 users by cumulative trading volume will split a 20,000 USDT prize pool, with the champion taking home 3,000 USDT. The event runs from October 28 to November 7. For more details, please refer to Bitget’s official platform.

12 minutes ago

Addresses linked to WLFI have transferred 156 million WLFI tokens to multiple trading platforms, worth around $8.06 million.

According to monitoring by Onchain Lens, World Liberty Financial has transferred 156.31 million WLFI tokens to Binance, Gate, Coinbase, and MEXC, valued at approximately $8.06 million, with the transfer suspected to be for sale. Related address: 0xFef30c262676dE9AF5e5E9Ba999cF774000b14B4

12 minutes ago

A new crypto address deposited $4 million in USDC to Hyperliquid, then used 5x leverage to go long on 3,000 XMR.

According to Lookonchain's monitoring, a newly created wallet deposited 4 million USDC into Hyperliquid and opened a long position of 3,000 XMR with 5x leverage, with the position valued at approximately $1.77 million.

12 minutes ago

OpenAI 28-Day Product Sprint Day 24: OpenAI’s AI lands in iMessage, no ChatGPT app needed to use it.

Beating AI News Flash: OpenAI’s 28-day product sprint has reached Day 24. Today, the company added SMS functionality to its "dot" tool. Users can assign tasks to dot via iPhone’s iMessage or Android’s Google Messages app, just like messaging friends, with support for text, photos, and voice notes. Dot can also proactively send updates on task progress. The feature is currently being rolled out for testing exclusively to ChatGPT Pro users in the U.S.

12 minutes ago

A crypto whale transferred approximately $42.7 million worth of AAVE and WLD to multiple trading platforms over the past five days.

According to Lookonchain’s monitoring, over the past five days, a whale has transferred 152,000 AAVE tokens (valued at approximately $21.3 million) and 45.17 million WLD tokens (valued at around $21.4 million) to multiple trading platforms.

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