BTC $63,074.98 +0.06%
ETH $1,883.52 +0.60%
BNB $606.03 -0.09%
XRP $1.00 -0.19%
SOL $75.40 -0.05%
TRX $0.3318 -0.55%
DOGE $0.0698 +0.13%
ADA $0.1797 -0.87%
BCH $202.23 -1.88%
LINK $8.85 +1.43%
HYPE $55.85 -2.99%
AAVE $86.53 -0.76%
SUI $0.6785 -0.69%
XLM $0.1595 +0.65%
ZEC $488.37 +0.52%
BTC $63,074.98 +0.06%
ETH $1,883.52 +0.60%
BNB $606.03 -0.09%
XRP $1.00 -0.19%
SOL $75.40 -0.05%
TRX $0.3318 -0.55%
DOGE $0.0698 +0.13%
ADA $0.1797 -0.87%
BCH $202.23 -1.88%
LINK $8.85 +1.43%
HYPE $55.85 -2.99%
AAVE $86.53 -0.76%
SUI $0.6785 -0.69%
XLM $0.1595 +0.65%
ZEC $488.37 +0.52%

fi

All
Article
Flash

The expansion of AI data centers has spurred new financing models, with EdgeConneX seeking a $2.5 billion power guarantee

According to Bloomberg, EdgeConneX Inc., a data center operator supported by EQT, is seeking banks to provide a power cost guarantee of up to $2.5 billion to support its global data center expansion plans.EdgeConneX is negotiating a letter of credit financing arrangement with several banks, including France's Natixis and Spain's BBVA. This arrangement will help the company lock in power supply costs for its data center projects.With the rapid growth in demand for artificial intelligence training and inference, global data center construction has entered an accelerated phase, and operators are exploring new financing tools to cope with rising power procurement costs and infrastructure investment needs. EdgeConneX's request for bank support reflects that AI infrastructure companies are shifting from traditional real estate and equipment financing models to establishing new financing structures around energy supply, long-term power contracts, and other assets.In recent years, major cloud computing companies and AI infrastructure firms have increased their investments in data centers, while power supply has become a significant bottleneck constraining the expansion of AI computing power. Securing future power costs through bank credit support is becoming a new way for data center operators to obtain expansion funding.

Ireland releases its first anti-money laundering strategy, which will strengthen the review of transfers to private crypto wallets

According to Decrypt, the Irish government has released its first national anti-money laundering (AML) strategy, which plans to strengthen the review of digital asset transfers involving self-hosted wallets and increase due diligence requirements for crypto companies when cooperating with overseas institutions.According to the announcement from the Irish Department of Finance, this strategy implements the remaining requirements of the EU's Transfer of Funds Regulation, which will require crypto asset service providers (CASP) to perform "enhanced checks" on transfers involving private wallets, while implementing stricter customer due diligence when conducting business with overseas crypto companies.The related measures are based on the Financial Action Task Force (FATF) Travel Rule, which requires the inclusion of sender and receiver information in digital asset transactions to enhance the transparency of fund flows. Ireland stated that the new regulations will be advanced in parallel with the EU's Markets in Crypto-Assets Regulation (MiCA).MiCA establishes a unified regulatory framework for crypto asset service providers, while Ireland previously granted a 12-month transition period for its domestic crypto companies, which is shorter than the maximum 18 months allowed by the EU. The transition period is set to end at the end of December 2025, so the new requirements will directly apply to companies that have obtained formal authorization.

SK Hynix's cash expenditure on equipment in the first half of the year exceeded 18 trillion won, an increase of over 70% compared to the same period last year

According to reports from South Korean media, SK Group Chairman Chey Tae-won received a salary of 1.75 billion won in the first half of this year.According to the Financial Supervisory Service, SK Corporation disclosed this information in its semi-annual report released that day. The chairman's salary level in the first half of this year is the same as the same period last year, and he did not receive any bonuses apart from his salary. The chairman's younger brother, SK Group Vice Chairman Chey Jae-won, received a salary of 1.5 billion won during the same period. SK Corporation President Chang Yong-ho received a total of 1.8 billion won, including 1 billion won in salary and 800 million won in bonuses.In addition, SK Supex Pursuit Council Chairman Yoon Bong-yong was disclosed to have received a total of 7.715 billion won, which includes 500 million won in salary, 800 million won in bonuses, and 6.415 billion won in compensation from 12,103 performance stock units (PSUs) granted three years ago. SK Hynix's sales from Nvidia in the first half of this year exceeded 17 trillion won, accounting for about 13% of the company's total sales.The average salary of SK Hynix employees reached 144 million won (approximately $104,000) in the first half of this year, an increase of 23% year-on-year. SK Hynix significantly increased its capital expenditures and research and development (R&D) investments in the first half of this year. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, an increase of over 70% year-on-year. The number of small shareholders of SK Hynix has grown more than fivefold in a year, surpassing 3.46 million.

hot_img Binance launches Kuaishou, Meituan, SK Hynix double long, Samsung double long TradFi perpetual contracts

On August 11, the Binance contract platform launched four U-based perpetual contract trading pairs, including Kuaishou (KUAISHOUUSDT), Meituan (MEITUANUSDT), as well as the Southern Eastern SK Hynix Daily Leverage (2X) product (CSOPSKHYNIX2LUSDT) and the Southern Eastern Samsung Electronics Daily Leverage (2X) product (CSOPSAMSUNG2LUSDT). The Kuaishou and Meituan contracts support a maximum leverage of 20 times, while the two Korean semiconductor ETF products support a maximum leverage of 10 times, with a funding rate cap of ±2%, settled every eight hours, supporting a multi-asset model.Among them, CSOPSKHYNIX2LUSDT tracks the Southern Eastern SK Hynix Daily Leverage (2X) product listed on the Hong Kong Stock Exchange (code 7709), and CSOPSAMSUNG2LUSDT tracks the Southern Eastern Samsung Electronics Daily Leverage (2X) product (code 7747), corresponding to the two major storage chip giants SK Hynix and Samsung Electronics with double long exposure. This is Binance's further expansion in the field of traditional asset perpetual contracts, bringing Hong Kong stocks and Korean tech stock leverage products into the crypto derivatives market. Binance reminds users that digital asset prices are highly volatile, and contract trading carries high risks; investors must bear the related risks themselves.
app_icon
ChainCatcher Building the Web3 world with innovations.