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Grace is an L2-first cross-margin lending protocol that fairly distributes losses if they occur, making it resilient to oracle manipulation, volatility and exploits.
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Approximately 75% of EU Crypto Platforms May Lose Operating Eligibility as MiCA Grace Period Ends July 1, 2026
the transition grace period for the EU's crypto regulatory framework, MiCA, will officially end on July 1, 2026. As of May 2026, only 194 crypto companies within the EU have obtained formal licenses, compared to over 3,000 registered crypto enterprises in 2024. An estimated 75% of older platforms are expected to lose their operating eligibility after the grace period concludes. Platforms without a license must orderly shut down, transfer users to licensed platforms, or fully withdraw from the European market before the deadline.France’s regulatory authority, the AMF, has warned that operating without a license can result in up to 2 years of imprisonment and fines of €30,000. If users' platforms fail to obtain a MiCA license, they may face being unable to make deposits or being required to withdraw funds. (Cryptoslate)
Sharon AI and NVIDIA Reach 6-Year AI Computing Partnership, to Deploy 72MW Data Center with 40,000 GB300 GPUs
Sharon AI Holdings, a Nasdaq-listed company, announced a six-year strategic computing cooperation agreement with NVIDIA to jointly expand AI infrastructure capabilities in Australia.Under the agreement, the two parties will collaborate to build approximately 72MW of data center computing capacity and deploy infrastructure based on the NVIDIA DSX AI Factory architecture. The plan is to gradually scale up to 40,000 Grace Blackwell GB300 GPUs to meet the computing needs of AI startups, enterprise clients, and research institutions.The cooperation model adopts a structure combining revenue generation with credit support: Sharon AI will be responsible for selling cloud services based on NVIDIA's computing power, while NVIDIA, upon receiving hardware and basic product revenue, will also participate in a share of cloud service revenue, forming a sustainable "usage-driven revenue model."Sharon AI stated that this collaboration will significantly enhance its capital efficiency, enabling it to expand AI infrastructure capabilities without relying on traditional heavy-asset financing and accelerate the deployment of "sovereign AI computing power" in Australia. With this partnership, Sharon AI's total AI factory capacity will increase to 132MW, of which approximately 102MW is already contracted by clients. The company expects to deploy over 55,000 NVIDIA GPUs by mid-2027. (Businesswire)