News linked to both this project and an event.
according to financial data released by Riot Platforms, the company recorded $33.2 million in data center revenue for the first time in the first quarter. A significant portion of this revenue came from lower-margin tenant retrofitting services, which involve procuring and installing specific equipment for clients. Notably, AMD has chosen to exercise its option to double its contracted capacity from 25 MW to 50 MW, with the possibility to further expand to 200 MW in the future. Currently, 5 MW of capacity related to the AMD deal has been delivered and is generating revenue, with the remaining initial capacity expected to come online in the second quarter. Additionally, Riot Platforms reported total revenue of $167.2 million for the first quarter, with its core Bitcoin mining business contributing $111.9 million. The company currently holds 15,679 Bitcoins (valued at approximately $1.2 billion), making it the world's seventh largest public holder of Bitcoin. (The Block)
the Hyperliquid Policy Center (HPC) has announced it has formally submitted a comment letter regarding the Commodity Futures Trading Commission's (CFTC) Advance Notice of Proposed Rulemaking (ANPRM) on prediction markets. The HPC advocates for establishing clear compliance pathways for decentralized prediction markets built on public, permissionless blockchains, while simultaneously refining the regulatory framework for centralized prediction markets.In its comment letter, the HPC calls on the CFTC to develop more flexible, function-oriented rules tailored to decentralized market structures; to establish clear legal channels for U.S. market participants to access decentralized prediction markets; and to support U.S. leadership in the field of decentralized finance innovation.The HPC states that prediction markets are a natural extension of the federal derivatives framework. They help participants directly manage their economic risk exposure to real-world events and aggregate dispersed information through continuously updated market prices. Their price discovery capabilities have been widely validated and, in some cases, outperform traditional polling and expert forecasts.The HPC points out that decentralized prediction markets based on public blockchains offer advantages such as transparency, non-custodial operation, and high resilience. They do not rely on centralized operators to hold user funds, nor do they present single points of failure. All transactions are recorded in real-time on a public ledger, facilitating both regulatory oversight and market surveillance, while market access standards are more transparent and uniform.The HPC emphasizes that the current rulemaking process should not codify reliance on single exchange operators, custodial intermediaries, or traditional settlement monitoring mechanisms. Doing so would prevent U.S. users from legally participating in decentralized prediction markets. The HPC states it will continue to promote compliant access to Hyperliquid and HIP-4 Outcome Markets for U.S. market participants, and will maintain ongoing communication with the CFTC.
Odaily News Coin Center released a report stating that cryptocurrency software code constitutes "functional speech" and should be protected under the First Amendment of the U.S. Constitution. The organization argues that writing and publishing code is akin to writing a book or publishing a recipe; developers are "expressers and inventors," not custodians of assets or intermediaries.The report points out that the mere act of publishing and maintaining software should be strictly protected. However, when developers directly control user assets, execute transactions on behalf of users, or make decisions for users, they may enter a realm subject to regulation.This statement comes at a time of increasing regulatory controversy. Coin Center emphasized that developers should not be treated as financial intermediaries for the convenience of law enforcement. It calls for upholding existing free speech principles in the context of new technologies, rather than expanding the boundaries of criminal liability. (Cointelegraph)
Vitalik Buterin and Aya Miyaguchi, Executive Director of the Ethereum Foundation, have confirmed their attendance at the opening event of the Hong Kong Ethereum Community Center on April 21, where they will deliver keynote speeches. This center—the first physical community space in Asia supported by the Ethereum Foundation—is operated by SNZ and ETHTAO and located in West Kowloon, Hong Kong. It is positioned as a strategic hub connecting the Ethereum ecosystems of East and West. The event agenda also features multiple keynote speeches and panel discussions across domains including zero-knowledge (ZK) technology, privacy, AI, and on-chain payments. Industry participants include Joseph Chalom, CEO of Sharplink; Yat Siu, Co-Founder of Animoca Brands; and Niki, Vice President of Chainlink APAC.
Odaily News TeraWulf announced the issuance of 47.4 million shares at $19 per share, raising approximately $9 billion to fund the construction of a large-scale data center campus in Hawesville, Kentucky, repay bridge financing, and support future expansion. Affected by the equity dilution from the financing, the company's stock price fell by about 5.8% during the trading session. The company also disclosed preliminary performance for the first quarter of 2026, expecting revenue to be between $30 million and $35 million, with approximately $3.1 billion in cash on hand and total debt of about $5.8 billion.TeraWulf's management pointed out that high-performance computing (HPC) hosting revenue now accounts for over half of its income, surpassing Bitcoin mining revenue for the first time, driving a shift in its revenue structure towards more stable, long-term cash flows. Analysts believe that while this financing round brings equity dilution, it helps support the expansion of AI infrastructure and enhances visibility for future growth. Overall, this move reflects the industry trend of mining companies accelerating their shift towards AI and high-performance computing to reduce reliance on Bitcoin price volatility and improve profitability stability. (CoinDesk)
According to the official announcement, Bitget’s preSPAX VIP-exclusive airdrop registration is now officially open. The first round of the airdrop is available to users who were already Bitget VIPs before April 13 at 10:00 (UTC+8). The total airdrop pool for this round is 760 preSPAX tokens. Eligible users must complete registration via the “VIP Center” on the homepage and maintain their VIP status before April 15 at 23:59 (UTC+8). Airdrop rewards will be distributed based on users’ VIP tiers and will be issued on April 16. The second round of the airdrop is open to users who newly upgrade to VIP status between April 13 at 10:00 and April 19 at 23:59 (UTC+8). The total airdrop pool for this round is 190 preSPAX tokens, with allocation determined by users’ VIP tier at the end of the campaign period. Rewards for this round will be distributed on April 20. For more details, please refer to the official Bitget platform.
According to Yonhap News Agency, SK Telecom announced the signing of a trilateral memorandum of understanding (MOU) with UK-based chip design company Arm and Korean AI chip startup Rebellions to jointly develop AI data center inference server solutions. Under the agreement, the three parties will integrate Arm’s newly launched AGI CPU with Rebellions’ AI acceleration chip—RebelCard, scheduled for launch in Q3 this year—to jointly develop AI inference servers, which will be tested and validated at SK Telecom’s AI data centers. The Arm AGI CPU is optimized for high-density inference environments and large-scale AI deployments, while the RebelCard is specifically designed for large-scale AI inference.