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Hong Kong has used 90% of its AI supercomputing capacity, report says
Hong Kong has used 90% of its AI supercomputing capacity, report says

Share link:In this post: Hong Kong has reportedly used about 90% of its artificial intelligence supercomputing center at Cyberport since it opened in December. The facility presently hosts 400 companies, as plans are ongoing to build another center. China has plans to use Hong Kong’s position as a boost in the global tech race.

Cryptopolitan·2025/07/05 16:11
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call
Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

ETH could surge past $6K if it breaks $2,855 resistance, analysts say, but failure may send it tumbling to as low as $1,800.

Cryptopotato·2025/07/05 16:00
Flash
  • 04:32
    Bitget Launchpool to List Chainbase Token (C)
    Foresight News reports that Bitget Launchpool will be listing the Chainbase Token (C) project, with a total prize pool of 2.75 million C. The staking channel will be open from July 14, 8:00 PM (UTC+8) to July 16, 8:00 PM (UTC+8). This round of Launchpool features two staking pools. The BGB staking pool has a total airdrop of 2.5 million C, with a staking cap of 50,000 BGB for VIP users and 5,000 BGB for regular users. The C staking pool has a total airdrop of 250,000 C, with an individual staking cap of 2,778,000 C.
  • 04:32
    A major whale liquidates 407,427 TRUMP tokens, incurring a loss of approximately $1.37 million
    According to Foresight News, as monitored by Lookonchain, a major whale sold 407,427 TRUMP tokens (worth approximately $3.96 million). These tokens were purchased five months ago, and this transaction resulted in a loss of about $1.37 million for the whale.
  • 04:27
    Data: "Insider Trader" Short Positions Liquidated for $210 Million, Total Losses Exceed $24 Million, Remaining Margin Fully Transferred to BTC Shorts
    According to ChainCatcher, monitoring by Ember shows that the "insider trader" @qwatio suffered large-scale liquidations within the past hour and a half, with $210 million in short positions forcibly closed. The current position has dropped to just $58 million, and the margin balance has fallen to $1.58 million. Previously, nearly all of the $26 million in profits had been given back; the last short position resulted in a loss of $16.27 million, and this time another $8.46 million was lost. In addition, the "insider whale" has transferred all remaining margin to BTC short positions, raising the average entry price for the BTC shorts to $121,176.
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