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Canaan
Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.
Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Ukraine Legalizes Crypto; Korea’s Crypto Policy Ideas
Ukraine’s President Zelenskyy signs digital assets bill into law. China’s Canaan to buy back up to $100M shares to drive value. Korea’s digital asset experts set out ideas for shaping up crypto policies. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Alibaba and Canaan’s AI team up; AI makes NFT
Korean university to issue NFT graduation certificates. Alibaba and Canaan team up on AI. Auction data to make Valentine’s NFT bloom. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services
Canaan sues over bitcoin mining chip patent infringementIndia’s PayTM considers launching crypto-related services. Baidu and Netease file metaverse patents. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Canaan Reports Record Revenues, Korea Says No to Crypto Tax Delay
Cryptocurrency mining hardware manufacturer Canaan reports record revenues. South Korea’s finance minister says no to crypto tax delay. NFT platform OpenSea admits insider trading. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.
India Crypto Feud Continues; Korea Mining Thief Busted
India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”