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According to market news, U.S. credit card debt has reached a historic high of $1.33 trillion.

[U.S. Credit Card Debt Reaches Historic High of $1.33 Trillion]According to market news, U.S. credit card debt has reached a historic high of $1.33 trillion.

U.S. Credit Card Debt Reaches Historic High of $1.33 Trillion

On May 9, it was reported that NASDAQ-listed Bitcoin mining company MARA Holdings has initiated a consent solicitation process for the $600 million senior secured notes of Long Ridge Energy to amend certain covenant terms. MARA had previously signed an agreement on April 29 to acquire 100% of the parent company of Long Ridge. Since this transaction would trigger the 'change of control' clause in the notes, theoretically, it could lead to a cash buyback of all outstanding notes at 101% of their price. MARA is seeking the consent of noteholders to exclude this transaction from the definition of 'change of control' and to designate MARA and its affiliates as 'permitted holders'.

[MARA Initiates Consent Solicitation for $600 Million Notes Related to Long Ridge Acquisition]On May 9, it was reported that NASDAQ-listed Bitcoin mining company MARA Holdings has initiated a consent solicitation process for the $600 million senior secured notes of Long Ridge Energy to amend certain covenant terms. MARA had previously signed an agreement on April 29 to acquire 100% of the parent company of Long Ridge. Since this transaction would trigger the 'change of control' clause in the notes, theoretically, it could lead to a cash buyback of all outstanding notes at 101% of their price. MARA is seeking the consent of noteholders to exclude this transaction from the definition of 'change of control' and to designate MARA and its affiliates as 'permitted holders'.

MARA Initiates Consent Solicitation for $600 Million Notes Related to Long Ridge Acquisition

On May 9, native AI platform Pit announced the completion of $16 million in funding, led by a16z, with participation from Lakestar and executives from top AI companies including OpenAI, Anthropic, Google, Deel, and Revolut. Pit is positioned as 'AI product team as a service' to replace traditional spreadsheets and rigid SaaS systems.

[Native AI Platform Pit Secures $16 Million in Funding Led by a16z]On May 9, native AI platform Pit announced the completion of $16 million in funding, led by a16z, with participation from Lakestar and executives from top AI companies including OpenAI, Anthropic, Google, Deel, and Revolut. Pit is positioned as 'AI product team as a service' to replace traditional spreadsheets and rigid SaaS systems.

Native AI Platform Pit Secures $16 Million in Funding Led by a16z

On May 9, CITIC Construction Investment's research report pointed out that AI computing power and the commercial space industry are entering an acceleration phase. On the computing power side, the evolution of applications is profoundly restructuring infrastructure: Agents are driving a shift in computing load from GPU-intensive to CPU-intensive, with the ratio of CPUs to GPUs in data centers expected to significantly increase; the explosive demand for AI computing power, combined with rising memory prices and tight production capacity, is driving the shortage and price increase of server CPUs this year; the demand for cost reduction in large model inference is prompting major players to accelerate the layout of ASICs, leading the industry towards a heterogeneous collaboration of GPU and ASIC. On the aerospace side, taking the 2026 Aerospace Day as an opportunity, with various reusable rockets undergoing intensive validation, the increase in transportation capacity will comprehensively accelerate the networking of satellite internet, pushing the commercial space industry into a phase of high-quality development. (Dongxin News Agency)

[CITIC Construction Investment: AI Computing Power and Commercial Space Industry Enter Acceleration Phase]On May 9, CITIC Construction Investment's research report pointed out that AI computing power and the commercial space industry are entering an acceleration phase. On the computing power side, the evolution of applications is profoundly restructuring infrastructure: Agents are driving a shift in computing load from GPU-intensive to CPU-intensive, with the ratio of CPUs to GPUs in data centers expected to significantly increase; the explosive demand for AI computing power, combined with rising memory prices and tight production capacity, is driving the shortage and price increase of server CPUs this year; the demand for cost reduction in large model inference is prompting major players to accelerate the layout of ASICs, leading the industry towards a heterogeneous collaboration of GPU and ASIC. On the aerospace side, taking the 2026 Aerospace Day as an opportunity, with various reusable rockets undergoing intensive validation, the increase in transportation capacity will comprehensively accelerate the networking of satellite internet, pushing the commercial space industry into a phase of high-quality development. (Dongxin News Agency)

CITIC Construction Investment: AI Computing Power and Commercial Space Industry Enter Acceleration Phase

On May 9, Bitcoin mining company DMG Blockchain established a new subsidiary, DMG Infrastructure, aimed at future operations in artificial intelligence/high-performance computing (AIHPC) business. The company plans to transition its data centers towards AI/HPC operations. DMG Blockchain also disclosed that it mined a total of 21 BTC in April, down from 23 BTC in March. As of the end of April, it held 389 BTC, a decrease of 9 BTC from the previous month, with a current hash rate of 1.54 EH/s, down from 1.63 EH/s in March.

[DMG Blockchain Establishes Subsidiary DMG Infrastructure for AI Operations]On May 9, Bitcoin mining company DMG Blockchain established a new subsidiary, DMG Infrastructure, aimed at future operations in artificial intelligence/high-performance computing (AIHPC) business. The company plans to transition its data centers towards AI/HPC operations. DMG Blockchain also disclosed that it mined a total of 21 BTC in April, down from 23 BTC in March. As of the end of April, it held 389 BTC, a decrease of 9 BTC from the previous month, with a current hash rate of 1.54 EH/s, down from 1.63 EH/s in March.

DMG Blockchain Establishes Subsidiary DMG Infrastructure for AI Operations

On May 9, the Haidian District People's Court in Beijing disclosed a virtual currency 'box opening' case. Between 2023 and 2025, defendants Lin and Wang illegally obtained personal information data of citizens through encrypted communication tools and other internet channels, later selling it for profit using virtual currency. Investigations revealed that Lin illegally obtained over 600 million pieces of personal information, while Wang obtained over 300 million. In 2025, Lin, Wang, and another accomplice (handled in a separate case) built a 'social engineering database' website with the illegally obtained personal information, which contained over 170 million pieces of data. The defendants illegally provided personal information over 1,300 times through the website, which received over 100,000 visits. During 2025, Lin and another accomplice set up groups using encrypted communication tools, acted as group administrators, and published illegal information related to privacy invasion and insults. The group had over 2,000 members. The Haidian District People's Court found that Lin and Wang, along with others, violated national regulations by illegally obtaining and selling citizens' personal information, constituting a serious offense of infringing on citizens' personal information. Lin's involvement in establishing groups for criminal activities and publishing illegal information was also deemed a serious offense of illegally using information networks, warranting punishment. Lin was sentenced to six years and six months for infringing on citizens' personal information, along with a fine of 60,000 RMB; he received an additional one-year sentence for illegally using information networks, with a fine of 10,000 RMB, resulting in a total sentence of seven years and a fine of 70,000 RMB. Wang was sentenced to five years and six months for infringing on citizens' personal information, along with a fine of 50,000 RMB.

[Beijing Court Reveals Virtual Currency 'Box Opening' Case, Main Offender Sentenced to 7 Years for Illegally Obtaining Over 900 Million Citizens' Information]On May 9, the Haidian District People's Court in Beijing disclosed a virtual currency 'box opening' case. Between 2023 and 2025, defendants Lin and Wang illegally obtained personal information data of citizens through encrypted communication tools and other internet channels, later selling it for profit using virtual currency. Investigations revealed that Lin illegally obtained over 600 million pieces of personal information, while Wang obtained over 300 million. In 2025, Lin, Wang, and another accomplice (handled in a separate case) built a 'social engineering database' website with the illegally obtained personal information, which contained over 170 million pieces of data. The defendants illegally provided personal information over 1,300 times through the website, which received over 100,000 visits. During 2025, Lin and another accomplice set up groups using encrypted communication tools, acted as group administrators, and published illegal information related to privacy invasion and insults. The group had over 2,000 members. The Haidian District People's Court found that Lin and Wang, along with others, violated national regulations by illegally obtaining and selling citizens' personal information, constituting a serious offense of infringing on citizens' personal information. Lin's involvement in establishing groups for criminal activities and publishing illegal information was also deemed a serious offense of illegally using information networks, warranting punishment. Lin was sentenced to six years and six months for infringing on citizens' personal information, along with a fine of 60,000 RMB; he received an additional one-year sentence for illegally using information networks, with a fine of 10,000 RMB, resulting in a total sentence of seven years and a fine of 70,000 RMB. Wang was sentenced to five years and six months for infringing on citizens' personal information, along with a fine of 50,000 RMB.

Beijing Court Reveals Virtual Currency 'Box Opening' Case, Main Offender Sentenced to 7 Years for Illegally Obtaining Over 900 Million Citizens' Information

On May 9, according to a press release, enterprise blockchain infrastructure company Antier Solutions announced the completion of a $3 million financing round, led by GVFL. The new funds will be used to support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure, expand deployments in the government and financial services (BFSI) sectors, and grow operations in the U.S., Middle East, and Asia-Pacific markets.

[Antier Solutions Completes $3 Million Financing Led by GVFL]On May 9, according to a press release, enterprise blockchain infrastructure company Antier Solutions announced the completion of a $3 million financing round, led by GVFL. The new funds will be used to support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure, expand deployments in the government and financial services (BFSI) sectors, and grow operations in the U.S., Middle East, and Asia-Pacific markets.

Antier Solutions Completes $3 Million Financing Led by GVFL

On May 9, Circle's L1 blockchain Arc announced that the Circle Developer Grant Program is now open for applications. The program will fund high-quality teams to build production-grade systems on the Arc network based on USDC and the Circle Developer Platform, with key focus areas including payments, treasury, foreign exchange, and agentic economy.

[Circle Developer Grant Program Now Open for Applications]On May 9, Circle's L1 blockchain Arc announced that the Circle Developer Grant Program is now open for applications. The program will fund high-quality teams to build production-grade systems on the Arc network based on USDC and the Circle Developer Platform, with key focus areas including payments, treasury, foreign exchange, and agentic economy.

Circle Developer Grant Program Now Open for Applications

On May 9, according to CCTV International News, Ali Khazarian, a member of the Iranian Parliament's National Security Committee, stated on May 8 that the US maritime blockade against Iran is considered a military action, which warrants a military response. Khazarian also mentioned that the US should now equip their destroyers with additional escort ships, so that if one of them starts to sink, there will at least be other vessels available for rescue and evacuation. (Dongxin News Agency)

[Iranian Lawmaker Says US Destroyers Need Escort Ships]On May 9, according to CCTV International News, Ali Khazarian, a member of the Iranian Parliament's National Security Committee, stated on May 8 that the US maritime blockade against Iran is considered a military action, which warrants a military response. Khazarian also mentioned that the US should now equip their destroyers with additional escort ships, so that if one of them starts to sink, there will at least be other vessels available for rescue and evacuation. (Dongxin News Agency)

Iranian Lawmaker Says US Destroyers Need Escort Ships

HTX data monitoring shows that ETH has fallen below 2300 USDT, currently reported at 2298.93 USDT, with a 24H decline of 2.87%.

【ETH falls below 2300 USDT】HTX data monitoring shows that ETH has fallen below 2300 USDT, currently reported at 2298.93 USDT, with a 24H decline of 2.87%.

ETH falls below 2300 USDT

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ETH falls below 2300 USDT

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