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In US pre-market trading, optical communication concept stocks extended their downward trend, with MRVL down 2.85%.

1 hours ago

According to market data from BIT (bit.com), US pre-market optical communication concept stocks extended their losing streak, with declines as follows: Marvell Technology (MRVL) fell 2.85%; Applied Optoelectronics (AAOI) dropped 3.11%; Lumentum Holdings (LITE) decreased 2.24%; Coherent Corp (COHR) fell 3.31%; and Ciena Corporation (CIEN) dropped 2.7%.

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Meta and BlackRock are partnering to invest approximately $14 billion in data center development, with the facilities set to have a computing capacity of 1 gigawatt.

Meta Platforms (META.O) announced a partnership with BlackRock on a new strategic project to develop data centers in El Paso. The two firms will jointly invest approximately $14 billion in development costs. The deal is expected to close in the coming days, with related capacity set to launch in 2028. Meta will contribute $2.3 billion in assets, while BlackRock will provide $4.9 billion in cash at closing. Meta will offer management services and act as the exclusive first user of the El Paso campus, which will have 1 gigawatt of computing capacity.

17 minutes ago

A newly created address withdrew 10,000 Ether from Bybit, worth approximately $18.81 million.

According to OnchainLens monitoring, crypto whales continue to accumulate Ethereum, with a newly created address withdrawing 10,000 ETH from Bybit, valued at approximately $18.81 million.

17 minutes ago

Morgan Stanley: After the recent pullback, the AI supply chain still boasts an attractive risk-reward ratio.

Morgan Stanley said that following a recent pullback, the artificial intelligence (AI) supply chain still delivers an attractive risk-reward ratio, adding that the sell-off was primarily driven by technical factors and profit-taking. The firm forecasts that AI computing demand will outpace supply in the coming years, and remains optimistic about AI capability upgrades, applications, and the growth of AI-related long-term capital expenditure.

17 minutes ago

Cumberland transferred 108,090 HYPE to centralized exchanges (CEX), valued at approximately $5.95 million.

According to monitoring by OnchainLens, Cumberland has deposited assets worth approximately $6.65 million into trading platforms. The holdings include 108,090 HYPE tokens valued at around $5.95 million transferred to Bybit, and 700,000 USDT transferred to Binance.

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Across attacker returns 331.8 ETH to the protocol's multi-sig address, valued at approximately $623,900.

According to PeckShield monitoring, the address marked as the attacker of Across Protocol has returned 331.8 ETH, valued at approximately $623,900, to the multi-signature address of the Across Protocol Hub Pool Owner. Earlier, Across Protocol suffered an attack on Solana, resulting in the theft of around $3.6 million worth of crypto assets.

17 minutes ago

Upbit designates STORJ as a trading warning project.

South Korea’s largest cryptocurrency exchange Upbit has designated STORJ as a trading warning project and suspended deposits for the token. According to HTX market data, STORJ’s price has seen a continuous gradual decline following its bankruptcy announcement. Its parent company, Storj Labs, announced it has voluntarily filed for Chapter 11 bankruptcy reorganization under U.S. bankruptcy code to resolve historical debts and continue operations.

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