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
Canaan (NASDAQ:CAN) said its first-quarter 2026 results reflected a difficult operating environment for bitcoin miners, as lower bitcoin prices, weak hash prices and geopolitical and energy-market uncertainty weighed on demand for mining equipment.
Chairman and Chief Executive Nangeng Zhang told in
Saudi Arabia is accelerating efforts to modernize its financial system, placing tokenization at the center of a broader economic transformation strategy tied to Vision 2030. The country’s sovereign wealth vehicle, the Public Investment Fund (PIF), which oversees assets valued at close to $1 trillion, approved a five-year roadmap in April covering the period from 2026 to 2030.
Saudi Arabia is accelerating efforts to modernize its financial system, placing tokenization at the center of a broader economic transformation strategy tied to Vision 2030. The country’s sovereign wealth vehicle, the Public Investment Fund (PIF), which oversees assets valued at close to $1 trillion, approved a five-year roadmap in April covering the period from 2026 to 2030.
A recent investigation tied to the Ethereum Foundation’s ETH Rangers initiative has uncovered a major security concern within the Web3 sector. The Ketman Project, one of several efforts funded under the program, reports that roughly 100 individuals linked to North Korea have secured roles inside blockchain companies by using false identities.
Crypto markets are known for their speed, size, and surprises. But even in this fast-moving world, what happened at a South Korean crypto exchange shocked many people. A simple mistake turned into a $40 billion problem almost instantly.
A recent investigation tied to the Ethereum Foundation’s ETH Rangers initiative has uncovered a major security concern within the Web3 sector. The Ketman Project, one of several efforts funded under the program, reports that roughly 100 individuals linked to North Korea have secured roles inside blockchain companies by using false identities.
Japan is taking a major step to reshape how cryptocurrencies are regulated, signaling a shift toward treating digital assets as a core part of the financial system. This move reflects the country’s effort to keep up with the growing importance of crypto while protecting investors and ensuring market stability.
The U.S. Justice Department unveiled the largest asset confiscation in the nation’s history last October, seizing $15 billion worth of Bitcoin. Authorities linked the funds to Cambodia’s Prince Group, which prosecutors claim ran a far-reaching network involving large-scale online fraud and human trafficking.
The U.S. Justice Department unveiled the largest asset confiscation in the nation’s history last October, seizing $15 billion worth of Bitcoin. Authorities linked the funds to Cambodia’s Prince Group, which prosecutors claim ran a far-reaching network involving large-scale online fraud and human trafficking.
Several of the largest banks in the United States are considering taking legal action against the country’s banking regulator over new rules related to cryptocurrency companies. The dispute centers on decisions made by the Office of the Comptroller of the Currency (OCC), which has recently made it easier for crypto and fintech companies to obtain special banking licenses.
Bitcoin slid earlier in the week, briefly dropping nearly 5% to trade under $65,000 after President Donald Trump said he intends to lift global tariff rates to 15%.
Bitcoin slid earlier in the week, briefly dropping nearly 5% to trade under $65,000 after President Donald Trump said he intends to lift global tariff rates to 15%.
Bitcoin mining was once seen as a single-purpose business. Companies built huge data centers filled with specialized computers, all focused on verifying transactions and creating new bitcoins. Today, that picture is changing. Many bitcoin mining companies are finding new ways to use their powerful computing systems, and this shift could reshape the future of the industry.
Canaan Inc – ADR (NASDAQ:CAN) shares are trading lower Friday afternoon after the crypto-mining hardware maker disclosed it has fallen out of compliance with Nasdaq's mi
Cryptocurrency has moved well beyond niche forums and speculative trading in recent years, edging into everyday financial conversations, though its uptake has varied widely by sector. One industry where adoption has accelerated faster than many expected is online gambling, particularly internet-based casinos.
Cryptocurrency has moved well beyond niche forums and speculative trading in recent years, edging into everyday financial conversations, though its uptake has varied widely by sector. One industry where adoption has accelerated faster than many expected is online gambling, particularly internet-based casinos.
The digital asset mining sector, once the darling of the 2025 bull market, is facing a stark reality check as the year draws to a close. Shares of Cipher Mining (NASDAQ: CIFR) have experienced a sudden and dramatic retreat, plunging more than 25% from their November highs in a series
MicroStrategy’s aggressive Bitcoin strategy has turned the company into one of the biggest risk points in the entire crypto industry. What started as a bold bet on Bitcoin has slowly grown into a fragile structure that could shake the market if things go wrong.
Research documents now show that North Korea stole billions of dollars in cryptocurrency in 2025, marking another record-breaking year for the country’s cybercrime operations. According to new findings from blockchain research firm Chainalysis, North Korean hackers took about $2.02 billion worth of digital assets this year alone. This is the second year in a row that the country has surpassed its own previous record.
The semiconductor industry is on the cusp of a significant shift as the open-standard RISC-V instruction set architecture (ISA) rapidly gains traction, presenting a formidable challenge to ARM's long-standing dominance in chip design. Developed at the University of California, Berkeley, and governed by the non-profit RISC-V International, this royalty-free and highly customizable architecture is democratizing [...]
As 2025 draws to a close, a powerful undercurrent of technological innovation, extending far beyond the pervasive influence of artificial intelligence, is demonstrably reshaping the global stock market. From the intricate defenses of cybersecurity to the vast frontiers of space technology, and from life-saving biotechnological breakthroughs to the efficiency gains