ByteDance Secures $29.6 Billion Loan to Fuel AI Data Center Expansion
TikTok parent raises Asia’s second-largest dollar facility of 2026 after strong bank demand, targeting overseas AI infrastructure and compute capacity
Newsroom
Latest updates, press releases, and insights from the volatile world of digital assets.
- News
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US and UK Launch Joint Alliance Against Crypto Scam Centers
American and British authorities signed a memorandum of understanding to coordinate investigations into scam centers driving cryptocurrency and cyber-enabled investment fraud, with a planned disruption operation in London next month
- News
Bitcoin Miner Jiang Zhuoer Shifts to Bullish Stance, Favors Ethereum Over BTC
Chinese mining pool founder reverses earlier bearish view, plans to allocate remaining capital to ETH and sees potential outperformance this cycle
- News
Unitree Robotics Shares Surge Over 600% in Shanghai STAR Market Debut
Hangzhou robot maker opens at 1,100 yuan, briefly valued near $66 billion after raising about $905 million in heavily oversubscribed IPO
- News
Trump-Linked World Liberty Ties USD1 to Hong Kong AI Platform Offering Restricted Chinese Models
World Liberty Financial connects its stablecoin to WorldClaw, which routes access to dozens of Chinese AI systems under U.S. scrutiny alongside American models
- News
BitMart Founders Pressed for Reserve Disclosure and Repayment Plan by August 19
BitMart’s Chinese-language X account has issued an ultimatum to founders Sheldon Xia and Wei Li for full asset transparency and a repayment plan as the exchange winds down amid user withdrawal delays
- News
Chinese AI Lab Z.ai Launches GLM-5.3 as Leading Open-Weight Coding Model
Z.ai's new 743-billion-parameter model edges rivals on a key cybersecurity benchmark while boosting coding performance through post-training alone
- News
BitMart Founder Denies Fleeing With Funds Amid Accelerating Withdrawals and Wind-Down
Sheldon Xia insists the exchange remains committed to an orderly closure as users face deadlines and BMX token suffers sharp losses
- News
Texas Records Highest Crypto Kiosk Losses as States Expand Bans
Texans reported $56.8 million in 2025 kiosk scams, the most of any state, while lawmakers signal possible restrictions beyond regulation and three states prohibit the machines
- News
KOSPI Plunges Nearly 11% as Samsung and SK Hynix Lead Sharp Chip Selloff
South Korea’s benchmark index suffered its steepest drop since April on Tuesday, triggering a temporary trading halt amid AI sector pressures and Chinese competition fears that spilled into regional equities and crypto markets
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