CAN News and Press, Canaan Inc. From 08/03/22

Canaan Inc. to Report Second Quarter 2022 Financial Results on August 18, 2022 PR Newswire BEIJING , Aug. 3, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today an...

As of 1 p.m. ET today, Bitcoin (CRYPTO: BTC) is leading the march in the crypto sector upward, surging 4.6% higher over the past 24 hours. This move is a continuation of some strong performance for the world's largest cryptocurrency this week, which has gone from below $20,000 s...

The cryptocurrency market may have hit hard times, but the blockchain technology that underpins the industry is still going strong. In Britain, the asset management industry has been lobbying for the government to adopt blockchain and develop a new class of funds that leverage the technology...

Inflation has been a problem for Bitcoin. According to the experts, that wasn’t supposed to be how the game played out. Bitcoin, we were told, was “digital gold”: an inflation hedge for the twenty-first century. (1) But that isn’t how things have played out for cry...

Temperatures may be rising outside, but things are getting colder in the cryptoverse. "Crypto winter" is a phrase that's being tossed around the sector, with cryptocurrencies losing $2T in market value since the height of a massive rally in 2021. The latest casualty was seen early Thurs...

Canaan ( NASDAQ: CAN ) ADRs rose as much as 2.4% in Thursday premarket trading after HC Wainwright launched coverage on the China-based manufacturer of bitcoin ( BTC-USD ) mining machines with a Buy rating. "The performance consistency of key component ASICs greatl...

Ready to buy penny stocks but not sure where to begin? Assuming you understand the basics of trading penny stocks , your next step is finding some to trade. The best place to start is by creating a watch list. Disclaimer: If you’re a seasoned pro, this section may be boring, so f...

The recent massive selloffs in bitcoin and other crypto currencies have left Ebang, Canaan and BIT Mining coping with tanking share prices and dire business outlooks. Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its ...

Canaan (NASDAQ: CAN) , a leading high-performance computing solutions provider, has announced its entry into agreements with certain warrant holders to repurchase over 4.72 million outstanding warrants of the company for an aggregate purchase price of approximately US$6.61 million. Accordin...

Canaan (NASDAQ:CAN) has announced the repurchase of over 4.72M outstanding warrants for ~$6.61M. The transaction will help eliminate all outstanding warrants and streamline the capital structure of the company. The warrants were issued in May 2021 pursuant to (i) certain securities purchase a...