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Mining firm DMG Blockchain Solutions has established a subsidiary, DMG Infrastructure, for its AI business operations.

2026.05.09 12:25:42

On May 9, Bitcoin mining firm DMG Blockchain launched a new subsidiary—DMG Infrastructure—to support its future artificial intelligence/high-performance computing (AIHPC) operations, with plans to pivot its data centers toward the AI/HPC sector. DMG also reported April mining totals of 21 BTC, down from 23 BTC in March. As of April 30, the company held 389 BTC, a 9-BTC decrease from the prior month. Its current hash rate stands at 1.54 exahashes per second (EH/s), down from 1.63 EH/s in March.
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Total open interest for altcoin futures contracts across all crypto exchanges has exceeded that of Bitcoin, marking the first time since December 2024.

Crypto analyst Ted’s data shows that open interest in altcoins has now exceeded that of Bitcoin in the crypto market, marking the first such occurrence since December 2024. Ted also added a caption: “Do you remember what happened to altcoins after December 2024?”, hinting that altcoins, which saw sharp short-term gains, are prone to triggering liquidation events.

8 minutes ago

ZEC is rallying sharply, and Garrett Jin, the largest short position holder on the ZEC blockchain, has an unrealized loss of $25.7 million.

According to Yu Jing Monitoring, the Garrett Jin whale entity is the largest holder of native short positions in Zcash. The entity shorted 32,760 ZEC in early July at an entry price of $444. Over the past three months, ZEC’s price has surged from $400 to over $1,200, leaving the short position with an unrealized loss of $25.7 million. The entity also holds a long Bitcoin (BTC) position worth $107 million, generating an unrealized profit of $4.42 million, though it has paid $2.05 million in funding fees.

8 minutes ago

The meme token ZCAT, based on the ZEC liquidity pool on the Solana blockchain, has hit consecutive new highs, while platform token STONK rallied sharply then pulled back.

According to GMGN market data, the Solana ecosystem’s hype rally has been intensifying since last night and early this morning. Stonk, a token issuance platform supporting multiple major asset pairs, saw its market cap surge past $188 million before pulling back, currently standing at $137 million with a 24-hour gain of 225%. On the platform, ZCAT, a meme coin with ZEC as its liquidity pool base, has emerged as the leading token in this round of Solana rally, hitting successive new market cap highs. It crossed $170 million earlier this morning before retreating, now trading at $145 million, with a 24-hour increase of 239%.

8 minutes ago

Jensen Huang Highly Praises GPT-6 Astra: AGI Has Arrived

NVIDIA CEO Jensen Huang posted on X, stating that OpenAI’s new model GPT-6 Astra was trained with approximately 100,000+ NVIDIA (NVDA.O) Grace Blackwell NVLink72 accelerators. It took just four years to develop from ChatGPT to o1 and now Astra, with Huang noting that AGI (Artificial General Intelligence) has arrived, and extending congratulations to the OpenAI team.

8 minutes ago

The crypto market continues its strong rally, with ZEC surging past $1,200 and Bitcoin bouncing back above $80,000.

Despite Friday’s stronger-than-expected non-farm payrolls data sparking market expectations of a Federal Reserve interest rate hike, the crypto market maintained an overall upward trend over the weekend. Among major cryptocurrencies, ZEC led the rally, breaking above $1200 this morning and currently trading at $1230, with a 19.5% 24-hour gain. Per HTX market data, Bitcoin rebounded above $80,000 this morning, now priced at $80,281.19, while Ethereum stands at $2515, with a 1.52% 24-hour increase.

8 minutes ago

South Korean stock market opened over 3% higher, led by SK Hynix and Samsung.

According to Bitget market data, South Korea’s KOSPI index has surpassed the 6,900 point threshold, climbing 3.34% at the opening of trading. Samsung Electronics rose 4.5%, while SK Hynix gained 5.4%.

8 minutes ago

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