Canaan Crypto Stock to Hit New Lows After Reporting 82% Drop in Revenue
Market Analysis

Mining Hardware Manufacturer Canaan Revenue Drops 82%

March 8, 2023 0

Canaan crypto stock reported a revenue drop of 82.1% to $56.8 million in the fourth quarter of 2022 and may fall further. Canaan, the China-based mining hardware manufacturer, reported revenue of RMB 391.9 million ($56.8 […]

Market Analysis

Binance Proof-of-Reserves Includes 11 New Tokens

March 8, 2023 0

Binance has included an additional 11 tokens in its proof of reserve (PoR) report, but the community is demanding an audit. The Changpeng Zhao-led exchange’s PoR report now shows 24 assets after adding 11 new […]

Market Analysis

China Pushes Anti-Crypto Agenda With New Financial Regulator

March 7, 2023 0

Chinese lawmakers have announced a new financial regulatory body, the National Financial Regulatory Administration (NFRA), which will replace the China Banking and Insurance Regulatory Commission. The new proposal, which grants the financial regulatory body previously […]