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On May 31, SoftBank announced a commitment of up to €75 billion to establish a large-scale artificial intelligence computing cluster network in France, which will become the largest data center project in Europe. This also marks SoftBank's largest single investment in artificial intelligence outside the United States. According to insiders, the collaboration was quickly finalized after French President Macron dined with Masayoshi Son in Tokyo in early April. In the first phase, SoftBank will lead an investment of €45 billion, aiming to achieve a computing capacity of 3.1 gigawatts in the Hauts-de-France region by 2031, with plans to add an additional 2 gigawatts of capacity later. One of the core facilities will be located in Dunkirk, where SoftBank will partner with Schneider Electric to create AI infrastructure and a robotics manufacturing center. The location has a strategic advantage, serving clients in London, Brussels, Amsterdam, and other areas. The entire project is planned to reach a total computing capacity of 5 gigawatts, and if fully completed, SoftBank's total investment will amount to approximately €75 billion.

[SoftBank Commits €75 Billion to Build AI Facilities in France]On May 31, SoftBank announced a commitment of up to €75 billion to establish a large-scale artificial intelligence computing cluster network in France, which will become the largest data center project in Europe. This also marks SoftBank's largest single investment in artificial intelligence outside the United States. According to insiders, the collaboration was quickly finalized after French President Macron dined with Masayoshi Son in Tokyo in early April. In the first phase, SoftBank will lead an investment of €45 billion, aiming to achieve a computing capacity of 3.1 gigawatts in the Hauts-de-France region by 2031, with plans to add an additional 2 gigawatts of capacity later. One of the core facilities will be located in Dunkirk, where SoftBank will partner with Schneider Electric to create AI infrastructure and a robotics manufacturing center. The location has a strategic advantage, serving clients in London, Brussels, Amsterdam, and other areas. The entire project is planned to reach a total computing capacity of 5 gigawatts, and if fully completed, SoftBank's total investment will amount to approximately €75 billion.

SoftBank Commits €75 Billion to Build AI Facilities in France

On May 31, the Spanish National Police arrested six members of the 'Alaguay Train' gang, who are suspected of carrying out a series of violent robberies targeting high-profile individuals possessing jewelry and cryptocurrency.

[Spain Arrests Gang Targeting Jewelry and Cryptocurrency]On May 31, the Spanish National Police arrested six members of the 'Alaguay Train' gang, who are suspected of carrying out a series of violent robberies targeting high-profile individuals possessing jewelry and cryptocurrency.

Spain Arrests Gang Targeting Jewelry and Cryptocurrency

Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

[Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait]Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait

Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $74,000]Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $74,000

twt Surges 21.28% in 24H, Currently at 0.5362 USDT

【twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.】twt Surges 21.28% in 24H, Currently at 0.5362 USDT

twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.

twt Surges 13.36% in 24H, Currently at 0.5056 USDT

【twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.】twt Surges 13.36% in 24H, Currently at 0.5056 USDT

twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.

On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

[Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately]On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately

twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

【twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.】twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.

On May 30, the Associated Press reported that the US military has once again struck a commercial vessel attempting to break through a blockade to reach an Iranian port, causing it to lose power. (Xinhua News Agency)

[US Military Strikes Commercial Ship Attempting to Break Blockade to Iranian Port]On May 30, the Associated Press reported that the US military has once again struck a commercial vessel attempting to break through a blockade to reach an Iranian port, causing it to lose power. (Xinhua News Agency)

US Military Strikes Commercial Ship Attempting to Break Blockade to Iranian Port

According to CryptoPotato, top officials have now asked cryptocurrency exchanges to devise guidelines with respect to the listing and delisting of digital tokens to safeguard the investors from yet another debacle.
Yun Chang-Hyun, a lawmaker who heads the ruling People Power Party’s virtual assets committee, has called for a second meeting with domestic cryptocurrency exchanges Upbit, Bithumb, Coinone, Korbit, and Gopax next week.
The politician revealed in an interview that the main objective of the meeting is to agree on a draft of the non-binding guidelines. South Korean policymakers are looking to implement a self-regulatory system similar to Japan.
The official also said the cryptocurrency industry was “neglected for too long without order and discipline” while highlighting the “shortcomings” when compared to traditional finance.
Further details of the draft guidelines have not been divulged, but much of the efforts are likely to be centered around employing stricter reporting requirements to ramp up transparency instead of tightening trading procedures, according to Bloomberg’s sources familiar with the matter.

Detail

【South Korea to establish guidelines for crypto exchanges】According to CryptoPotato, top officials have now asked cryptocurrency exchanges to devise guidelines with respect to the listing and delisting of digital tokens to safeguard the investors from yet another debacle.
Yun Chang-Hyun, a lawmaker who heads the ruling People Power Party’s virtual assets committee, has called for a second meeting with domestic cryptocurrency exchanges Upbit, Bithumb, Coinone, Korbit, and Gopax next week.
The politician revealed in an interview that the main objective of the meeting is to agree on a draft of the non-binding guidelines. South Korean policymakers are looking to implement a self-regulatory system similar to Japan.
The official also said the cryptocurrency industry was “neglected for too long without order and discipline” while highlighting the “shortcomings” when compared to traditional finance.
Further details of the draft guidelines have not been divulged, but much of the efforts are likely to be centered around employing stricter reporting requirements to ramp up transparency instead of tightening trading procedures, according to Bloomberg’s sources familiar with the matter.

South Korea to establish guidelines for crypto exchanges

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Article

Sui Mainnet Resumes Operation, Confirms Both Downtimes Caused by Same Software Defect

South Korea to establish guidelines for crypto exchanges

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