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Title sponsored by Bitdeer, a NASDAQ-listed mining company. 1. Northern Data AG is speaking with potential advisers about a US initial public offering of its combined artificial intelligence cloud computing and data center businesses. Banks asked to pitch for a role have suggested valuations for the business from about $10 billion to $16 billion, the people said. Under the current plan, Northern Data would list an entity comprising its cloud computing activities, dubbed Taiga, and its data centers, called Ardent, on the Nasdaq as early as in the first half of next year. Read more 2. Bitcoin miner Bitfarms released its latest monthly production data. Bitfarms said it earned 156 BTC in May, a 42% drop from the previous month and down 66% year over year. Of that earned, it sold 136 BTC for total proceeds of $8.9 million (down from $16.1 million in April). Bitfarms had rejected a nearly $1 billion acquisition proposal from Riot Platforms, another Bitcoin mining company.（The Block） Read mor...

1. Hong Kong Regulatory News This Week 1.1 Tiger Securities Announces Opening of Virtual Currency Trading to Hong Kong Retail Investors link On June 17th, Tiger Brokers announced that following its earlier launch of virtual asset trading services for professional investors in Hong Kong, it has now obtained approval from the Hong Kong Securities and Futures Commission to upgrade its license, officially expanding these services to retail investors in Hong Kong. Currently, all retail investors in Hong Kong can use Tiger Brokers’ flagship platform, Tiger Trade, for comprehensive one-stop trading services. This includes Bitcoin and Ethereum, as well as various global assets such as stocks, options, futures, US Treasury bonds, and funds. 1.2 Hong Kong Court Rules Conviction of Wong Ming-chung for Providing Unlicensed Investment Advice on TG link On June 21st, the Eastern Magistrates’ Court in Hong Kong ruled in a case brought by the Securities and Futures Commission (SFC) that Wong Ming Chun...

Data compiled by the WuBlockchain team shows: In May, the spot trading volume of major exchanges decreased by 20% month-on-month. The top three changes were Crypto.com -3%, HTX -4%, and Mexc -10%. The bottom three were Upbit -40%, Bitget -39%, and Gate -21%. In May, the derivatives trading volume of major exchanges decreased by 11% month-on-month. The top three changes were Mexc 21%, Crypto.com 4%, and Gate -4%. The bottom three were Bitget -21%, HTX -15%, and Deribit -14%. In May, the website traffic of major exchanges decreased by 4% month-on-month. The top three changes were Bitget 47%, Deribit 20%, and OKX 12%. The bottom three were Crypto.com -29%, HTX -28%, and Mexc -24%. Note: The following data may be suspected of significant volume brushing/bot activity. Spot and derivatives data are from Coingecko; traffic data is from Similarweb. Follow us Twitter: https://twitter.com/WuBlockchain Telegram: https://t.me/wublockchainenglish Source: https://thebittimes.com/cex-data-for-may-...

Title sponsored by Bitdeer, a NASDAQ-listed mining company. 1. Bitcoin mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment, aims to remain profitable after the Bitcoin halving in 2024. Bitfarms chief financial officer Jeffrey Lucas outlined the firm’s plan to acquire 88,000 highly efficient Bitcoin miners. Bitfarms previously acquired 35,888 Bitmain Bitcoin Miner T21 units. Bitfarms earned 286 BTC through mining in March 2024, with a monthly operating hash rate of 6.5 EH/s.（Cointelegraph） Read more 2. Arkham has identified a complete list of Marathon’s wallets, holding over $1.1 Billion of Bitcoin across 23 addresses. Marathon is the largest public Bitcoin mining company, at $4.93 Billion mcap. Read more 3. Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now considering the benefits of selling excess energy from its Itaipu hydropower plant to miners instead of exporting ...

Author: 十四君 Source: https://mp.weixin.qq.com/s/EN8ZdiomQVUQ4WBRZ4GqKA What is Runes? In the past year, the biggest narrative in web3 has been the explosion of the inscription ecosystem, starting with Ordinals, a technology that assigns unique serial numbers to every sat on bitcoin network. Its core founder, Casey, submitted the basic version of the Runes code in September last year, but it has not been officially launched on the mainnet, so during the inscription craze in September, projects like runeAlpha forked the code in advance and independently launched protocols like RunesAlpha. Although there have been allegations of plagiarism, the market cap growth of several hundred million in just a few months also demonstrates the infinite potential of the Runes protocol. So, the official version of Runes protocol, designed by Casey, the founder of the Ordinals protocol, will also be officially announced around April 20, 2024. And it will directly go online on the btc mainnet, so projects ...