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Canaan Inc. Halts ATM Sales After Raising $7.8 Million

Canaan Inc. Halts ATM Sales After Raising $7.8 Million

Canaan Inc. updates its at-the-market offering, raising $7.8 million before pausing further sales through 2025, to focus on strategic growth and financial flexibility.

Canaan Inc. Announces $72 Million Direct Offering of ADSs

Canaan Inc. Announces $72 Million Direct Offering of ADSs

Canaan Inc. (NASDAQ: CAN) announces a $72 million registered direct offering, issuing 63.66 million American depositary shares to expand its crypto mining initiatives.

Canaan Inc. Secures $72 Million Investment from Brevan Howard, Galaxy Digital, and Weiss Asset Management

Canaan Inc. Secures $72 Million Investment from Brevan Howard, Galaxy Digital, and Weiss Asset Management

Canaan Inc. has announced a strategic equity investment of $72 million from Brevan Howard, Galaxy Digital, and Weiss Asset Management, strengthening its financial position and aligning with institutional investors.

Canaan Inc. Secures $72 Million in Direct Offering with Institutional Giants

Canaan Inc. Secures $72 Million in Direct Offering with Institutional Giants

Canaan Inc. has successfully closed a $72 million registered direct offering with major institutional investors, including Brevan Howard, Galaxy Digital, and Weiss Asset Management.

Canaan Inc. (CAN) Schedules Q3 2025 Financial Results Announcement

Canaan Inc. (CAN) Schedules Q3 2025 Financial Results Announcement

Canaan Inc. is set to release its Q3 2025 financial results on November 18, 2025, with a conference call scheduled to discuss the outcomes.

Canaan Inc. Reports October 2025 Bitcoin Mining Progress and New Initiatives

Canaan Inc. Reports October 2025 Bitcoin Mining Progress and New Initiatives

Canaan Inc. announces its October 2025 bitcoin mining performance, revealing increased hashrate and strategic global initiatives, including a gas-to-computing pilot in Canada.

Canaan Inc. Surpasses Revenue Expectations in Q3 2025

Canaan Inc. Surpasses Revenue Expectations in Q3 2025

Canaan Inc. reports an impressive 104.4% YoY revenue increase for Q3 2025, driven by strong bitcoin mining and sales performance, according to PRNewswire.

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

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

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 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

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.

Mastercard Enhances Crypto Wallet and Exchange Business

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.

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