Project Progress

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Bitcoin Miner IREN Shifts Focus From Mining to AI Data Centers

Bitcoin miner IREN has shifted strategy, investing $800 million in AI infrastructure to adapt to declining Bitcoin mining margins. This pivot diversifies revenue streams and positions the company for growth in the expanding AI market. The crypto community reacts with intrigue as IREN becomes a hybrid business, merging Bitcoin mining and AI capabilities.
BTC0.43%
Coinfomania·02-13 11:34
Bitcoin Miner IREN Shifts Focus From Mining to AI Data Centers

Sharplink strongly promotes Ethereum institutional investment strategies: staking yields, stable DeFi returns, and new opportunities for corporate asset allocation

On February 13, it was reported that at the 2026 Hong Kong Consensus Conference, Sharplink Gaming executives emphasized the strategic value of Ethereum (ETH) in institutional investment. Chairman Joe Lubin and CEO Joseph Chalom pointed out that Ethereum is not only a digital asset investment tool but also an important component of corporate fund management and financial infrastructure. Lubin emphasized that Ethereum is a productive asset that can generate stable returns through staking. Sharplink has allocated the majority of its Ethereum holdings for staking, with an annualized yield of about 3%, and plans to continue accumulating Ethereum to deploy permanent capital for long-term appreciation. Chalom added that this strategy differs from ETFs or passive investment tools, as it does not chase high-risk projects but seeks the best risk-adjusted returns, embodying the concept of “quality institutional DeFi.”
ETH-0.04%
GateNews·02-13 10:18
Sharplink strongly promotes Ethereum institutional investment strategies: staking yields, stable DeFi returns, and new opportunities for corporate asset allocation

XRP Ledger unlocks a new era of token custody, and after the launch of XLS-85, assets like RLUSD can be locked on-chain

On February 13, it was announced that the XRP Ledger has officially activated the token custody amendment XLS-85, allowing users to create custody accounts for issued interchangeable tokens. This means that, in addition to XRP itself, Trust Line tokens and Multi-Purpose Tokens (MPT) can also be locked on-chain under certain conditions, providing more flexible asset management options for decentralized finance and enterprise applications. The amendment regained support from 30 validators on January 30, 2026, reaching the activation threshold, and went live two weeks later. Previously, XLS-85 was close to passing in September 2025, but disagreements arose due to incompatibility issues with the MPT standard, causing support to drop to just 16 votes. XRPL dUNL validator Vet pointed out flaws in custody accounting related to transfer fees and supply tracking. The community subsequently released fixTokenEscrowV1 and incorporated it into Rippled v3.0.0, restoring confidence and driving final activation.
XRP0.72%
GateNews·02-13 09:46
XRP Ledger unlocks a new era of token custody, and after the launch of XLS-85, assets like RLUSD can be locked on-chain

Aave Labs plans to apply for a $50 million grant to distribute revenue from multiple products to the DAO

Aave Labs has proposed a Temp Check proposal requesting approximately $50 million in funding to allocate Aave product revenue to the DAO. The plan includes stablecoins and AAVE tokens. This proposal has raised community concerns about voting power centralization. The Aave founder stated that it will enhance the DAO's funding and execution capabilities and is currently seeking feedback.
AAVE3.95%
GateNews·02-13 09:36
Aave Labs plans to apply for a $50 million grant to distribute revenue from multiple products to the DAO