Power Is the New Compute
Commentary: The binding constraint on artificial intelligence has shifted from chips and models to electrons, and the advantage now belongs to whoever controls power, equipment, land, and capital together.
HONG KONG · By Staff · 6 min read
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Seoul Pauses the Bridge: Bithumb Halts Ronin Flows Ahead of L2 Migration
HONG KONG — South Korea's Bithumb has frozen deposits and withdrawals on Ronin (RON), the venue announced, with the window opening 9:00 a.m. UTC on May 11 and remaining shut until engineers can confirm a clean handover to the…
HONG KONG · June 9, 2026 · 2 min
BlackRock's Bitcoin ETF Sees $214M Outflow Amid a Reported 13-Day Institutional Sell-Off
BlackRock's iShares Bitcoin ETF (IBIT) saw a roughly outflow, according to a report from Pluang carried via Google News, against the backdrop of what the source described as a multi-day institutional sell-off in spot bitcoin funds.
HONG KONG · June 9, 2026 · 2 min
BofA Reiterates Buy on SanDisk and Lifts Price Target on New Business Models
Bank of America has reiterated its Buy rating on SanDisk (SNDK) and raised its price target, citing the company's new business models.
HONG KONG · June 9, 2026 · 2 min
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