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MicroCloud Hologram Inc. (NASDAQ: HOLO) Expects Full-Year 2025 Net Income to Exceed RMB 350 Million
Globenewswire· 2025-10-27 12:00
Core Insights - MicroCloud Hologram Inc. anticipates achieving significant profitability in 2025, projecting a net income exceeding RMB 350 million, a substantial improvement from a net loss of approximately RMB 63 million in 2024 [1][2]. Financial Performance - The company expects a positive contribution to its cash position for the full year 2025 due to the projected net income [2]. - As of now, MicroCloud Hologram Inc. holds cash, cash equivalents, and short-term investments totaling over RMB 3 billion [3]. Investment Strategy - The company plans to deploy over US$400 million from its cash reserves to invest aggressively in quantum computing, blockchain, and quantum holography technologies [3][4]. - The goal is to establish a leading position in the quantum computing and quantum holography sectors [3][4]. Technology Focus - MicroCloud Hologram Inc. is committed to the research and development of holographic technology, including services such as holographic LiDAR solutions and holographic digital twin technology [4]. - The company aims to become a global leader in quantum holography and quantum computing technology [4].
X @LBank.com
LBank.com· 2025-10-27 11:40
🎙️ Building the Blockchain-Native AI Economy: A Deep Dive with @SplendorLabs 🤖💡📅 Oct 28, 2025 | 🕛 12 PM UTC🎙️ Hosts: @LBank_Exchange &@xmuha0🎤 Guest: @SplendorLabs📰 Media Observers:@CoinGapeMedia@cryptodotnews👉 Set a reminder:https://t.co/plVn3PRkbz#LBankSpaces #SplendorLabs #AI #Blockchain ...
Blaqclouds Executes Blockchain Partnership with Super Studios USA, Led by Former Ridley Scott & Associates Executive Producer Developing a Billion-Dollar Entertainment Complex in Texas
Prism Media Wire· 2025-10-27 11:31
Core Insights - Blaqclouds has entered a Blockchain & Development Partnership with Super Studios USA to create a billion-dollar entertainment complex in Texas, integrating blockchain technology into the funding and monetization processes of the project [1][3][5]. Group 1: Partnership Details - The partnership involves Blaqclouds providing an end-to-end blockchain ecosystem, including an EVM-POA blockchain, native coin, wrapped token, stablecoin, NFT engine, and RWA real estate token [2][10]. - Blaqclouds will receive 10% of all fees generated by the Super Studios USA blockchain network, linking its revenue to the project's success [4][6]. Group 2: Project Overview - Super Studios USA is developing a vertically integrated entertainment complex in Mansfield, Texas, which will include state-of-the-art sound stages, production facilities, and residential communities [11][12]. - The project aims to create a self-sustaining ecosystem for film, TV, streaming, and digital media, contributing to job creation and economic growth in the region [18]. Group 3: Economic Impact - The development will feature over 900 luxury condominiums and single-family homes, modern office spaces, and a trade school for film and digital media production [18]. - The initiative is expected to generate thousands of high-paying jobs and establish Texas as a hub for entertainment and technology investment [18].
Blaqclouds Executes Blockchain Partnership with Super Studios USA, Led by Former Ridley Scott & Associates Executive Producer Developing a Billion-Dollar Entertainment Complex in Texas
Globenewswire· 2025-10-27 11:30
Core Insights - Blaqclouds, Inc. has entered into a Blockchain & Development Partnership Agreement with Super Studios USA, focusing on integrating blockchain technology into the entertainment industry [1][2] - The partnership will allow Blaqclouds to receive 10% of all fees generated by the new blockchain network developed for Super Studios USA [2] Company Overview - Blaqclouds, Inc. specializes in Web3 infrastructure and decentralized finance, aiming to bridge traditional finance with decentralized ecosystems [10] - The company is developing a comprehensive blockchain ecosystem for Super Studios USA, which will include various blockchain products [3][4] Project Details - Super Studios USA is creating a billion-dollar vertically integrated entertainment complex in Mansfield, Texas, which will include sound stages, production facilities, and residential communities [5][6] - Key components of the project include a new EVM-POA compatible blockchain, a premined native coin, a stablecoin for real-world payments, and an NFT engine [8] Economic Impact - The project is expected to create thousands of high-paying jobs and foster economic growth in Texas [9] - It will also include a trade school for film and digital media production, ensuring a sustainable talent pipeline [9] Vision and Future - The partnership aims to transform Texas into a blockchain-powered innovation hub for the entertainment industry [5][10] - Super Studios USA's CEO emphasizes the goal of building a sustainable economic engine that drives creative innovation and real-world value [10]
Western Union Initiates Stablecoin Transfers as Fed Targets Payment-Only Breakthrough
Yahoo Finance· 2025-10-27 10:42
Core Insights - Western Union is adapting to the growing stablecoin market to maintain its competitive edge and avoid obsolescence [2][3] - The stablecoin market is currently valued at over $312 billion, with Tether and Circle being the largest issuers [2] - Western Union's pilot program aims to utilize stablecoins for value transfer, reducing reliance on traditional banking systems and improving capital efficiency [3][4] Market Context - As of October 27, Western Union had a market cap exceeding $2.9 billion and generated over $1 billion in adjusted revenue in Q3 2025 [1] - The emergence of stablecoin issuers poses a significant threat to Western Union's market share [1][2] Technological Integration - The pilot program launched by Western Union focuses on leveraging blockchain technology and stablecoins to enhance transaction efficiency and transparency [3][4] - Utilizing public chains like Ethereum could improve tracking and monitoring of transactions, increasing trust in the system [4] Challenges Ahead - Western Union faces potential challenges with fluctuating gas fees on Ethereum, which can vary significantly based on network activity [5] - The success of Western Union's pilot could encourage other financial companies to adopt stablecoin technology or become issuers themselves [5]
RETRANSMISSION: HIVE Digital Technologies Surpasses 22 EH/s and Accelerates Conversion from Tier-1 to Tier-3 Data Centers for AI Cloud Expansion in Sweden
Newsfile· 2025-10-27 10:00
Core Insights - HIVE Digital Technologies has surpassed 22 EH/s in Bitcoin-mining capacity, achieving a 267% year-to-date growth while transitioning Tier-1 data centers to Tier-3 HPC facilities for AI Cloud expansion in Sweden [2][3][10] Group 1: Mining Capacity and Efficiency - The company has reached a production level of 9.5 Bitcoin per day with a fleet efficiency of approximately 17.8 J/TH and a mining margin of 55% after electricity costs at a $47 Hashprice, showcasing operational efficiency across multiple countries [4][5] - HIVE anticipates reaching 25 EH/s by U.S. Thanksgiving, with a targeted fleet efficiency of 17.5 J/TH, indicating that growth in EH/s is significant for revenue and cash flow expansion [5][11] Group 2: AI Cloud Expansion - HIVE is converting a Tier-1 data center in Boden, Sweden, into a Tier-3 liquid-cooled HPC facility, which is expected to accelerate cash flow generation compared to traditional greenfield builds [6][7] - The upgraded facility will support 2,000 NVIDIA GPUs for enterprise-grade AI workloads, building on two years of AI operations in Stockholm [7][9] Group 3: Strategic Growth and Infrastructure - HIVE has secured power and land at three strategic locations for next-generation renewable-powered HPC operations, including the BUZZ data center in Toronto, which will host an additional 2,000 GPUs in 2026 [8] - The company aims to operate approximately 6,000 GPUs by 2026, catering to both AI training and inference workloads [9] Group 4: Executive Commentary and Future Outlook - HIVE's leadership emphasizes the importance of repurposing existing infrastructure for faster cash flow generation and the dual-engine strategy of growing both Bitcoin mining and AI Cloud services powered by renewable energy [10][11] - The company has fully funded and delivered all hardware for its Paraguay expansion, with a target of 25 EH/s by late 2025 and 35 EH/s during 2026, while scaling its HPC division five-fold [11]
JPYC Rolls Out First Yen-Backed Stablecoin — A Game Changer for Japan?
Yahoo Finance· 2025-10-27 09:47
Japan’s JPYC Inc. has launched the world’s first fully regulated yen-pegged stablecoin. | Credit: Getty Images. Key Takeaways Japanese firm JYPC launched the first regulated yen-pegged stablecoin. The peg is fully guaranteed by yen bank deposits and Japanese Government Bonds (JGBs). The launch of the yen stablecoin could dramatically impact the Asian FX market. Tokyo-based fintech JPYC Inc. has launched JPYC, Japan’s—and the world’s—first fully regulated yen-pegged stablecoin, marking a milestone mo ...
China’s Payment Giant Ant Group Files Crypto Trademarks in Hong Kong
Yahoo Finance· 2025-10-27 09:43
Core Insights - Ant Group has filed trademarks in Hong Kong for virtual assets, stablecoins, and blockchain, indicating a potential expansion into Web3 despite regulatory challenges from Beijing [1] - Chinese technology firms are actively securing intellectual property in the digital asset space amid increasing regulatory scrutiny [2] Trademark Applications and Regulatory Context - Ant Group's trademark applications follow a shift in its stablecoin strategy, with plans to apply for stablecoin licenses in Hong Kong, Singapore, and Luxembourg [3] - Regulatory authorities in China have instructed firms, including Ant Group, to pause or abandon stablecoin initiatives due to concerns over monetary authority [4] Regulatory Concerns - Former PBoC governor Zhou Xiaochuan expressed caution regarding stablecoins, highlighting their potential for speculation and questioning their utility for retail payments [5] Blockchain Strategy - Despite domestic regulatory challenges, Ant Group has expanded its blockchain infrastructure globally, with its Whale blockchain processing approximately one-third of over $1 trillion in transactions last year [6] - Ant Digital has led the tokenization of real-world assets in China's renewable energy sector, connecting over 60 billion yuan worth of assets to AntChain [7]
Chinese Tech Giant Ant Group Registers Hong Kong Trademarks Tied to Crypto, Stablecoins
Yahoo Finance· 2025-10-27 09:16
Core Viewpoint - Ant Group is preparing to re-enter the digital assets market by applying for trademarks related to virtual assets, stablecoins, and blockchain technologies, including "ANTCOIN" in Hong Kong [1][2]. Group 1: Trademark Applications - Ant Group has filed applications with Hong Kong's Intellectual Property Department for the ANTCOIN mark, covering a wide range of financial and digital asset services, including online payments, electronic wallets, foreign exchange, and stablecoin issuance [2]. - The trademark application is currently pending approval from the registry [2]. Group 2: Strategic Implications - The decision to file for trademarks is seen as a strategic move to protect Ant Group's interests in Hong Kong's growing virtual asset sector, according to legal experts [3]. - Despite recent regulatory challenges from Beijing that have stalled Ant Group's stablecoin initiatives, securing intellectual property rights is crucial for defending its brand [4]. Group 3: Market Risks - The stablecoin market poses risks, including the presence of unauthorized or fraudulent tokens that can mislead users, which is a concern for companies like Ant Group looking to operate in this space [5][6]. - Trademark protection is emphasized as an essential part of risk management for stablecoin players [6]. Group 4: Company Background - Ant Group, co-founded by Jack Ma, has been progressively integrating blockchain and digital asset infrastructure into its broader financial technology strategy [7].
X @BNB Chain
BNB Chain· 2025-10-27 06:12
RT BNB Chain Developers (@BNBChainDevs)Following up on our last update: the Reth Archive Node alpha release is now live for community testing.This marks another step in expanding client diversity and boosting network performance across BSC.Developed in Rust, Reth offers a modern architecture designed for speed, parallel processing, and scalability.Community members and node operators can now explore and test the archive version here:🔗 https://t.co/VRJg2KDgjaYour feedback helps shape the future of BSC’s clie ...