BackTechnology Updates

Technology Updates

bitcoin minin
2026-07-08 15:40:13

Luxor Technology Inks $131.4M Bitcoin Mining Rig Deal with Microbt, Boosts US Manufacturing

Luxor Technology has signed a $131.4 million agreement with Microbt to purchase Whatsminer ASIC miners, including a $93.2 million firm order and $38.2 million in options. The deal supports Microbt's US assembly expansion. Luxor's ASIC trading desk averages about $1 million in daily hardware trades. Microbt unveiled new M60S++ series at Bitcoin MENA.

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Luxor Technology Inks $131.4M Bitcoin Mining Rig Deal with Microbt, Boosts US Manufacturing
XRP
2026-07-08 15:34:12

Flare Data Reveals 80% of FXRP Locked in DeFi, Strengthening XRP Bull Case

Flare Network on-chain data shows over 80% of FXRP (approx. $125.8M) is locked in DeFi protocols, with user counts and transaction volumes rising steadily even in a weak market. This challenges the perception of passive XRP holders and underscores infrastructure-driven DeFi adoption, bolstering bullish sentiment for XRP and XRPL.

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Flare Data Reveals 80% of FXRP Locked in DeFi, Strengthening XRP Bull Case