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SYMBOL
LAST
NET CHG.
%CHG.
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5792.04
+40.91
+ 0.71%
5796.80
5745.02
18291.61
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18302.05
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42512.01
+431.63
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42562.01
41993.35
102.660
+0.030
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102.710
102.580
1.09344
-0.00046
-0.04%
1.09456
1.09273
1.30791
+0.00090
+ 0.07%
1.30932
1.30616
2617.10
+9.46
+ 0.36%
2618.82
2605.78
73.725
+0.884
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[Bitcoin Mining Company Iris Energy Has Triggered An Investor Lawsuit For Allegedly Misrepresenting Its Facility Capabilities For Transformation To AI] According To Finance Magnates, Bitcoin Mining Company Iris Energy, Which Recently Transformed And Promoted Itself As A High-performance Computing (HPC) Data Center Operator, Is Now Facing A Class Action Lawsuit Alleging That It Exaggerated Its Capabilities And Prospects To Investors. The Lawsuit, Filed In The U.S. District Court For The Eastern District Of New York, Claims That Iris Energy And Its Executives Made False And Misleading Statements About The Company's Ability To Transform Bitcoin Mining Facilities Into High-performance Computing And Artificial Intelligence Application Facilities. The Class Action Lawsuit Seeks Compensation On Behalf Of Investors Who Purchased Iris Energy Securities Between June 20, 2023 And July 11, 2024, Alleging Violations Of Federal Securities Laws. According To The Lawsuit, Iris Energy's Facility In Childress, Texas, Which The Company Had Hyped As A Key Asset For Its High-performance Computing Strategy, Lacks Key Functions Necessary For Such Operations. The Lawsuit Alleges That The Site Lacks Power Redundancy, Cooling Systems And Fiber Optic Connections. The Plaintiffs Also Cite Statements By Iris Energy Co-CEO Daniel Roberts, Who Claimed That The Company Had "built This Foundational Layer, This Cornerstone Of High-performance Data Centers That Can Perform Any HPC Task." The Plaintiffs Allege That These Statements Were Materially False And Misleading "because The Company Overstated The Capabilities And Overall Prospects Of Its Data Center Business." Iris Energy's Stock Price Fell Approximately 15% Following A Critical Report Released By Culper Research That Expressed Concerns About The Company's HPC Claims And The Suitability Of Its Facilities For Such Applications. "Culper Also Stated, 'We Are Short IREN Because We Believe The Company Has Materially Overstated The Strength And Potential Of Its Assets For HPC/AI Applications,'" The Lawsuit Comments. IREN Shares Have Fallen More Than 50% Since Their July 2024 Highs

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[TON Network Officially Connected To UXUY, Committed To Improving The Liquidity Of Telegram Airdrop Assets] TON Network Officially Connected To Telegram's First Decentralized Multi-chain Wallet UXUY. This Is The 17th Public Chain That UXUY Has Connected To After Bitcoin Lightning Network, Ethereum, BNB Chain, BASE, TRON And Other Ecosystems. The Access To The TON Network Will Greatly Improve The Interoperability Of Telegram's Multi-chain Ecosystem And Lower The Transaction Threshold For Assets On The TON Chain. UXUY Is The Next-generation Decentralized Multi-chain Infrastructure Incubated And Invested By Binance Labs. It Provides Multi-chain DApp Access Services And Application Centers Based On The Telegram Ecosystem, And Provides All-round Support Such As Technology And Traffic For Qualified DApps Through Puzzle Plan. UXUY Is Committed To Improving The Liquidity Of Long-tail Assets And Providing A Better Trading Experience For Telegram Airdrop Assets. At Present, The Total Locked Value (TVL) Of The TON Ecosystem Is US$395 Million. UXUY Actively Introduces Native Crypto Assets Through The Advantages Of Multi-chain To Help Further Improve The TVL Of The Telegram Ecosystem. Kevin, Founder Of UXUY, Said: "Long-tail Assets On The TON Network Are Emerging, And These DApps Will Enrich The User Experience And Application Scenarios Of The Crypto World. UXUY Will Continue To Build Telegram's On-chain Infrastructure To Unleash The Huge Development Potential Of The TON Network."

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