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Crypto3 weeks ago

Canaan Inc. Posts $269M Revenue for 2024, Expands US Mining Operations

The company’s aggressive expansion in Bitcoin mining operations has not only boosted its revenue but also significantly increased its cryptocurrency holdings. With a strategic push into North America, including new partnerships and upgraded mining facilities, Canaan is poised for even greater success.

Crypto4 weeks ago

Pi Network Nears Record Lows as Token Unlocks Weigh on Price

Pi Network's price struggles follow its mainnet launch in February 2025, which initially saw trading restrictions that limited its listing on major platforms. After being listed on Bitget, OKX, and MEXC, the project experienced a sharp decline in value. 

News1 month ago

FDIC Lifts Crypto Banking Curbs, CFTC Withdraws Oversight Guidance

The divergence in regulatory approaches highlights the ongoing debate over how best to oversee digital assets. While the SEC recently rescinded its controversial SAB 121 staff accounting bulletin—which had effectively prevented banks from offering crypto custody without congressional approval—it provided an alternative risk-management framework rather than eliminating oversight entirely.

News1 month ago

Celo Completes its Transition From a Layer-1 Blockchain to an Ethereum Layer-2

The migration represents a significant shift for Celo, which originally launched as an independent layer-1 blockchain in 2020. By adopting the OP Stack—a framework designed for building layer-2 networks—Celo aims to improve transaction speed and cost efficiency while inheriting Ethereum’s robust security and decentralization.

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