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DL Holdings Buys $41M of Equipment to Become Hong Kong’s Biggest Public Bitcoin Miner

DL Holdings has announced a significant investment of HK$320 million (approximately $41 million) in bitcoin mining equipment from Bitmain. This acquisition includes 2,995 Antminer S21 machines, which will be deployed in data centers located in Oman and Paraguay. With this purchase, DL Holdings' mining fleet now comprises 5,195 machines, yielding a combined hashrate of 2.1 exahashes per second (EH/s). The company aims to establish itself as the largest publicly traded bitcoin miner in Hong Kong within the next two years. To enhance its operations further, DL Holdings plans to tokenize its mining activities and integrate AI optimization tools, focusing on increasing efficiency and developing accessible digital investment products. The operational support for the new mining rigs will be managed by Bitmain, one of the leading manufacturers in the crypto mining industry.

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Ripple Cryptographer: XRP Ledger ‘Uniquely Positioned’ for Trillions in On-Chain Assets

Ripple engineer J. Ayo Akinyele is working to make the XRP Ledger (XRPL) the go-to choice for institutions by focusing on privacy, compliance, and trust within its protocol. He emphasizes the importance of confidentiality in finance while discussing the need for transparency in public blockchains. Akinyele advocates for ‘programmable privacy’

Bitcoin chases new highs as crypto market cap crosses $4.21T

Bitcoin has surged 14% in a week, nearing $124,000 amid a US government shutdown. Key factors include a $1.6 billion increase in on-chain buying and a significant Coinbase premium gap of $92, indicating strong US demand. Analysts are watching for resistance near $130,000, with potential price discovery

Coinbase Applies for National Trust Charter for Federal Oversight

Coinbase has applied for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), which would place the firm under federal regulatory oversight if granted. This charter will enable Coinbase to expand its existing custody services by introducing new financial offerings such as payments

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