Gemini co-founder: Zcash’s current hype resembles the crypto market’s momentum in 2019

Arthur Hayes posted on social media that if AI trading eventually crashes, it could trigger a trillion-dollar-scale market bailout, a scenario that would drive up Bitcoin and Ethereum’s prices. “Will AI eventually crash? I don’t know, and I won’t bet on either side. Instead, just trade for that upcoming trillion-dollar-scale market bailout: go long on BTC and ETH.”

According to official announcements, Upbit, South Korea's largest cryptocurrency exchange, has listed the PUFFER/KRW trading pair.

According to HTX market data, PUFFER saw a short-term 20% surge following news that Upbit has listed the PUFFER/KRW trading pair, and is currently priced at $0.0285.

US-listed public firm Axe Compute (AGPU) has announced a multi-year strategic cooperation agreement with Penguin Solutions (PENG), integrating the latter’s technologies and services into its partner network to accelerate delivery of its customized AI infrastructure initiative “Axe Compute Build”. To date, Axe Compute’s contracted AI infrastructure projects exceed $3.45 billion in total value, and the company has selected Penguin for multiple sites, with a focus on large GPU cluster deployments designed, owned and operated by Axe Compute itself. Under the deal, Penguin will provide expert deployment and maintenance services for designated GPU cluster sites, including its ClusterWareAI operating system software, plus 24/7 network operation center support in collaboration with Axe Compute. Axe Compute positions itself as an enterprise-focused bare-metal AI infrastructure neocloud, while Penguin states its AI Factory platform combines software, hardware and system integration capabilities to help clients accelerate time-to-launch and meet service level agreements.

According to HTX market data, likely impacted by news that Upbit has listed the PUFFER/KRW trading pair, PUFFER surged 155% in 8 minutes, currently trading at $0.06.

After briefly issuing a rumor-clarification statement titled "Cheung Kong responds to Li Ka-shing’s death: No such thing", mainstream Chinese financial media outlets including The Paper and Jinshi Data have collectively deleted the related news report. As of now, Caixin News Agency still retains the report, but its source is also The Paper. Some media that reposted the content have since re-marked the source as The Paper.