About Canaan Inc. - American Depositary Shares (CAN)
Canaan Inc is a technology company primarily focused on the design and development of high-performance computing solutions, particularly in the field of blockchain technology. The company is best known for its innovative ASIC (Application-Specific Integrated Circuit) hardware, which is utilized for cryptocurrency mining. By leveraging cutting-edge technology and engineering expertise, Canaan aims to enhance operational efficiencies in blockchain networks, catering to the growing demand for computational power within the digital currency ecosystem. In addition to mining hardware, Canaan is also exploring diverse applications of its technology in various sectors, positioning itself as a key player in the evolving landscape of digital assets and blockchain innovation. Read More
The United States has taken a big step toward regulating stablecoins with the signing of the GENIUS Act by President Donald Trump on July 18, 2025. This is the first federal law to set clear rules for stablecoins, which are digital tokens linked to the U.S. dollar. Supporters believe the law could help make stablecoins part of everyday payments and money transfers, but experts warn that it will not be an easy road.
Argentina is stepping up its efforts to stop the use of crypto in the financing of terrorism. The country’s Financial Information Unit (UIF) recently uncovered possible links between local crypto platforms and the Syrian militant group Hay’et Tahrir Al-Sham (HTS), known for its connections to Al Qaeda.
Argentina is stepping up its efforts to stop the use of crypto in the financing of terrorism. The country’s Financial Information Unit (UIF) recently uncovered possible links between local crypto platforms and the Syrian militant group Hay’et Tahrir Al-Sham (HTS), known for its connections to Al Qaeda.
As Bitcoin cements its place in the global financial system, governments around the world are beginning to treat it as more than just a speculative asset. Leading the pack are the United States and China, which now hold the highest amount of Bitcoin among all governments globally. Their involvement marks a significant shift in how nations approach cryptocurrency in a time of economic uncertainty and digital transformation.
While the unsolicited acquisition bid from Mobix Labs has placed Peraso Inc. (NASDAQ: PRSO) in the spotlight, the company's fundamental growth story —driven by military contracts, global expansion, and sector diversification—is far more compelling. Over the past year, Peraso has methodically scaled its operations, leveraging its proprietary 60 GHz mmWave technology to enter high-demand markets across defense, broadband, and education.
Synergy CHC Corp. (NASDAQ: SNYR) is capturing national attention with the announcement of a strategic distribution partnership with McKesson Canada, a division of McKesson Corporation (NYSE: MCK) . The agreement gives FOCUSfactor® direct access to thousands of pharmacies and health-focused retailers across Canada, igniting the next phase of its aggressive North American expansion.
Circle Internet Group’s shares saw a remarkable surge, rising over three times its opening price of $31 and bringing in $1.1 billion through its IPO . The fresh capital is expected to support the growth of Circle’s USDC stablecoin, which is tied directly to the value of the U.S. dollar and can be redeemed on a one-to-one basis.
Circle Internet Group’s shares saw a remarkable surge, rising over three times its opening price of $31 and bringing in $1.1 billion through its IPO . The fresh capital is expected to support the growth of Circle’s USDC stablecoin, which is tied directly to the value of the U.S. dollar and can be redeemed on a one-to-one basis.
Bitcoin mining just got a little easier, at least on paper. Data shows that Bitcoin’s mining difficulty dropped slightly from its all-time high . On June 15, the network recorded a small decrease in difficulty, going from 126.9 trillion (set on May 31) down to 126.4 trillion. While this might not seem like a big change, it’s actually a sign of important shifts happening in the mining world.
Canaan Inc. (NASDAQ: CAN) saw a 25% increase in bitcoin mining in May due to higher cryptocurrency prices. Analyst Kevin Cassidy reaffirms Buy rating and $5 price target, citing growth in US operations and a $30 million share buyback program.
A disturbing case in New York has brought new attention to a violent trend in the world of crypto crime . An Italian tourist was reportedly abducted, tortured, and held for weeks by individuals who were allegedly trying to force him to give up access to his digital wallet.
