Phoenix Group, an Abu Dhabi-based cryptocurrency miner, announced a 236% year-on-year revenue growth in fiscal 2024, with mining revenue reaching $107 million, a significant increase from $32 million in 2023 and $5.40 million in 2022, and an increase of 1,852% in two years. Phoenix Group's total revenue reached $206 million, net profit was $167 million, and consolidated income was $219 million.
According to ifeng.com, the Hong Kong police recently smashed the deepfake (deepfake) technology through social platforms to lure others to invest in virtual currency fraud group, involving about 34 million yuan. According to intelligence reports, the Commercial Crime Division of the Hong Kong Police arrested 31 people, aged between 20 and 34, in two industrial buildings in Kowloon Bay last week. Some of them reported that students and unemployed people were involved in the same fraud syndicate ...
Class A share of the port transport sector once again rose straight line, Phoenix shipping rose more than 7%, China Merchants Port rose more than 6%, Qingdao Port, Tangshan Port, COSCO Haikong, Haitong Development, COSCO Haite and so on rose.
On September 11th, Ellipsis Labs, the developer of Phoenix, the DeFi protocol on Solana, announced the launch of the Atlas testnet optimized for DeFi. Atlas uses the Solana virtual machine as the execution layer and uses the Ethereum mainnet for settlement, which is compatible with existing Solana programs. Ellipsis Labs said that Phoenix will build new versions on Atlas in the future.
On July 17, Sam MacPherson, CEO of Phoenix Labs and founder of MakerDAO lending app SparkLend, said in a post on X that the weETH isolation model debt ceiling has been increased to $200 million.
Horizon Protocol announced a partnership with Phoenix Global's AlphaNet to launch a perpetual futures trading service. It is reported that its spot trading supports RWA, such as fiat currencies (USD, EUR, JPY) and commodities (gold, silver). This expanded futures trading will support RWA trading pairs.
On July 2nd, Phoenix Labs launched a new proposal to increase weETH capacity at the MakerDAO Governance Forum and has opened on-chain voting on the Maker Governance Portal for three days. The proposal notes that there has been strong demand for weETH since mid-June, with deposits reaching millions of dollars in the first few weeks of integration with SparkLend. As a result of this demand, Phoenix Labs has proposed changes to the weETH collateral parameters on the Ethereum mainnet to enhance the ...
7月2日消息,Phoenix Labs 在 MakerDAO 治理论坛发起一项增加 weETH 容量的新提案,并已在 Maker 治理门户网站上开启链上投票,持续 3 天。 提案指出,自 6 月中旬以来出现了对于 weETH 的强劲需求,在与 SparkLend 集成的头几周内,存款达到了数百万美元。由于这一需求,Phoenix Labs 提出了对以太坊主网上 weETH 抵押品参数的更改,以增强用户体验并提高大规模借用 DAI 的能力,拟议变更如下: -weETH 供应上限:从 ...
On June 20, Phoenix, a decentralized AI infrastructure, announced that it has established a strategic partnership with Neo, and Phoenix will become a one-stop AI infrastructure and computing platform for projects within the Neo and Neo X ecosystems, providing AI computing and scaling, generative AI, AI transactions, and more.
6月20日消息,去中心化 AI 基础设施 Phoenix 发推称,已与 Neo 建立战略合作伙伴关系,Phoenix 将成为 Neo 与 Neo X 生态系统内项目的一站式 AI 基础设施与计算平台,为其提供 AI 计算与扩展、生成式 AI、AI 交易等。
Phoenix Group, a bitcoin-listed mining company and blockchain technology provider, announced its Q1 financial results, with the following main contents: Net profit 66.20 million US dollars, an increase of 166% Total assets rose 237% year-on-year, from $261 million to $879.30 million. 3. Total assets rose by 5% month-on-month. 4. Revenue increased 18% sequentially to $68.90 million. 5. Gross profit increased by 82.8% quarter-on-quarter to $23.28 million. 6. Total consolidated revenue increased 31...