inc.
Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030
Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.
Blockchain Security Firm Files Patent for Ransomware Solution EB Drive
Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).
Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August
XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.
Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings
Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.
Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining
Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units.
Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024
Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design.
Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.
Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15
Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire.
Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results
Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.
Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference
Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors.
Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC
Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024.
Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference
Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.
Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024
Canaan Inc. (NASDAQ: CAN) announces participation in H.C. Wainwright's 26th Annual Global Investment Conference on September 9-11, 2024.
Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.
Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment
Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.
Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20
Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.
Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.
Canaan Inc. Secures $30 Million in Series A-1 Financing
Canaan Inc. successfully concludes its Series A-1 preferred shares financing, raising $30 million. The deal involves issuing 30,000 convertible preferred shares to an institutional investor.
Canaan Inc. Reports December 2024 Bitcoin Mining Updates and FY2025 Financial Outlook
Canaan Inc. reveals its December 2024 bitcoin mining performance and outlines financial projections for FY2025, aiming for significant revenue growth and mining expansion.
Canaan Inc. Secures $200 Million Financing Through Series A-1 Preferred Shares
Canaan Inc. enters an agreement for $200 million financing, enhancing growth and expansion in crypto mining, with initial proceeds of $100 million received.
Canaan Inc. Reports March 2025 Bitcoin (BTC) Mining Progress
Canaan Inc. reveals a 9.8% increase in Bitcoin production for March 2025, with expansion plans in North America aiming to boost mining capacity significantly.
Canaan Inc. Submits 2024 Annual Report to SEC
Canaan Inc. has filed its 2024 annual report on Form 20-F with the SEC, showcasing its continued innovation in crypto mining and ASIC technology.
Canaan Inc. Announces Q1 2025 Financial Results Release Date
Canaan Inc. (NASDAQ: CAN) will report its Q1 2025 financial results on May 20, 2025, with a conference call scheduled for the same day.
Canaan Inc. Reports on April 2025 Bitcoin Mining and Production Achievements
Canaan Inc. reveals its latest bitcoin mining and production updates for April 2025, highlighting global operational advancements and strategic expansions.
Nasdaq Warns Canaan Inc. Over Minimum Bid Price Compliance
Canaan Inc. faces a compliance issue with Nasdaq due to its shares trading below $1.00, receiving a 180-day period to address the matter.
Canaan Inc. Surpasses Expectations in Q1 2025 Financial Results
Canaan Inc. reported a 135.9% year-over-year increase in revenues for Q1 2025, driven by strong mining performance despite market volatility.
Canaan Inc. Unveils $30 Million Share Repurchase Plan Amid Market Challenges
Canaan Inc. announces a $30 million share buyback program, reflecting confidence in its strategic direction despite market volatility and new U.S. tariffs, according to a recent statement.
Canaan Inc. Reports Record Bitcoin (BTC) Production Amid U.S. Trade Challenges
Canaan Inc. announces a record 25% increase in Bitcoin production for May 2025, despite U.S. trade challenges affecting its operations. The company achieved a new high of 109 Bitcoins.
Canaan Executives Acquire Additional Shares, Signaling Confidence in Future Growth
Canaan Inc.'s CEO and CFO have purchased additional shares, indicating strong confidence in the company's long-term growth prospects, according to a recent announcement.
Canaan Inc. Refocuses on Crypto Ventures, Abandons AI Semiconductor Unit
Canaan Inc. announced a strategic shift, ceasing its AI semiconductor operations to concentrate on its core crypto mining business, aiming to enhance efficiency and shareholder value.
Canaan Inc. Reports June 2025 Bitcoin (BTC) Production and Strategic Expansion
Canaan Inc. announces June 2025 Bitcoin production results, detailing operational resilience, expansion plans, and shareholder value strategies amid challenging conditions.
Canaan Inc. to Supply A15Pro Miners to Cipher Mining's Black Pearl Facility
Canaan Inc. will provide 6,840 Avalon A15Pro miners to Cipher Mining's Black Pearl facility, aiming to enhance the facility's hashrate and cater to growing demand for efficient mining solutions.
Canaan Inc. Embraces Bitcoin (BTC) as Core Reserve Asset with New Policy
Canaan Inc. has introduced a cryptocurrency holding policy emphasizing Bitcoin as its main reserve asset, aligning with strategic growth and liquidity needs, according to a recent announcement.
Canaan Inc. Set to Announce Q2 2025 Financial Results
Canaan Inc. will release its Q2 2025 financial results on August 14, 2025. The company will host a conference call to discuss the earnings.
Canaan Inc. Achieves Record Revenue Growth in Q2 2025
Canaan Inc. reports significant revenue growth in Q2 2025, driven by strong performance in crypto mining and strategic market expansion, according to a recent announcement.
Canaan Inc. Expands Partnership with CleanSpark for Immersion-Cooling Miners
Canaan Inc. strengthens its collaboration with CleanSpark by supplying additional Avalon A1566I immersion-cooling miners, enhancing CleanSpark's mining capabilities in the U.S.
Canaan Inc. Reports Strong Bitcoin (BTC) Mining Performance for July 2025
Canaan Inc. has released its July 2025 Bitcoin mining update, highlighting improved production and strategic operational shifts, including a significant pivot from Kazakhstan.
Canaan Inc. (CAN) Set to Engage in Key Crypto Conferences
Canaan Inc. announces participation in the Needham Virtual Crypto Conference and H.C. Wainwright Global Investment Conference, highlighting its innovative role in crypto mining.
Canaan Inc. and Luxor Collaborate to Boost Institutional Miner Financing
Canaan Inc. partners with Luxor Technology to provide flexible financing for Bitcoin miners, enhancing institutional adoption and expanding the reach of Avalon A15 Pro machines.
Canaan Inc. Reports 10% Increase in Bitcoin Mining for August 2025
Canaan Inc. (NASDAQ: CAN) reports a 10% increase in Bitcoin production, reaching a total treasury of 1,547 BTC, with significant operations expansion across the U.S. and Southeast Asia.
Canaan Inc. Lands Major U.S. Order, Boosting Bitcoin Mining Market Presence
Canaan Inc. (NASDAQ: CAN) secures a significant U.S. order for over 50,000 Avalon A15 Pro miners, marking a pivotal moment in the Bitcoin mining sector's resurgence.
Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads
Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.
US Federal Prosecutors Investigate Block Inc. for Compliance Violations
US federal prosecutors are conducting an investigation into Block Inc., the fintech company founded by Twitter co-founder Jack Dorsey. The investigation follows allegations of compliance violations at Block's payment arms, Square and Cash App. A whistleblower has provided documents showing that Block processed transactions for users in countries subject to economic sanctions and facilitated crypto transactions for terrorist groups. The company is accused of failing to address these breaches despite being alerted to them.
Global Blockchain Technology Market Expected to Hit $19.9 Billion
The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.
Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise
Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.
Mastercard Enhances Crypto Wallet and Exchange Business
Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.
Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet
Jack Dorsey, the CEO of Square payment firm, has announced that the company is developing a new hardware Bitcoin wallet to give users greater control over their funds.
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
Apple Seeks Crypto Talents In Charge Of Alternative Payments Business
Apple Inc. is on the hunt to hire a business development manager with crypto experience in the alternative payment business.
SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers
The Securities and Exchange Commission (SEC) has lodged an emergency action application against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao.
SEC Commissioner Expresses Dissent on LBRY Case Outcome
SEC Commissioner Hester M. Peirce criticizes the commission's enforcement action against blockchain firm LBRY, Inc., highlighting the case as an example of regulatory overreach that stifles innovation and fails to adequately protect investors. Amidst ongoing legal actions against crypto enterprises, Peirce's dissent underscores the need for a balanced regulatory approach to foster innovation and investor protection in the blockchain and crypto sectors.
MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet
MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.
Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan
American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre
Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.
KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain
KKR plans to tokenize part of its second Health Care Strategic Growth Fund to expand individual investors’ access to private investment vehicles.
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.
Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls
Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.
Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv
PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.
Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Square Wants Less Technical User-Friendly Cryptocurrency Wallets
Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.
MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million
Nasdaq-listed MicroStrategy Inc has made another move to shore up its Bitcoin portfolio by purchasing an additional 2574 BTC for $50million.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Ripple is Determined to be Carbon Neutral by 2030
Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.
Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security
Crypto.com will now leverage Amazon Web Services, Inc (AWS) cloud provider to provide enhanced scalability and security for its 5 million users,