Cango looks past its bitcoin phase to a future as AI infrastructure operator
After booming for much the first year in its pivot to bitcoin mining, the company is looking ahead to a future of creating a ‘global, distributed AI compute grid’ Key…
BIT Mining or Solai? A company built on speculation speculates again
The crypto mining company will change its name to reflect its new business focus, just five years after transforming from an online lottery ticket seller Key Takeaways: BIT Mining will…
Linklogis deepens its blockchain bet to make supply chain finance great again
The provider of digital supply chain financing services will use XRP Ledger to settle digital transactions as it continues to reel from China’s long-running real estate slump Key Takeaways: Linklogis…
Cango sets stage for next growth phase as bitcoin competition heats up
The bitcoin miner outlined plans to diversify into operation of high-performance computing centers over the mid- to long-term Key Takeaways: Cango reported 1 billion yuan in revenue during the second…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
INTERVIEW: Cango maps out future path as bitcoin miner
The company recently completed the first phase of its transformation from auto trader to bitcoin miner with its acquisition of additional machines with 18 EH/s of capacity By Doug…
BRIEF: Amber Int’l to use $25.5 million from Pantera, others to fund strategic reserve
Amber International Holding Ltd. (AMBR.US) said on Thursday that it will use new funds from its recently unveiled $25.5 million private placement to further enhance its $100 million “crypto ecosystem…
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