U Power Limited announced a joint venture with CEWA Group and Guofu Hydrogen Energy to develop a 100MW integrated energy solution for a data center project in Rayong, Thailand. The project starts with a 3MW pilot to validate AI-driven hydrogen and clean energy technologies, aiming to scale up to 100MW. This initiative positions U Power to expand into Southeast Asia's growing data center energy market, leveraging AI for energy management and creating recurring revenue streams across system design, equipment supply, and operations. The company plans to establish a Thailand subsidiary by July 2026 and sees this as a strategic step to broaden its smart energy solutions beyond electric vehicles.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
