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HONG KONG, Nov. 6, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today released a letter to shareholders at the one-year milestone of its bold transformation to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, emphasizing Cango’s vision to deliver energy-secured HPC services. The journey began in November 2024 with Bitcoin mining as a practical entry point to secure energy access, build operational expertise, and create flexible sites for long-term goals.In just eight months, Cango scaled to a 50 EH/s global platform by acquiring 32 EH/s of on-rack mining machines in November 2024, followed by 18 EH/s in…

Fourteen of Europe’s leading banks are pushing back against the European Central Bank’s plan for a digital euro. They argue the project could weaken private payment systems ahead of crucial parliamentary discussions in Brussels this week. Lawmakers are now calling for a scaling back of the initiative, arguing that it lacks clear benefits and risks duplicating market-led innovation. Meanwhile, the EU’s crypto regulation framework may unintentionally advantage US issuers.Sponsored Bank Revolt Challenges Digital Euro PlanThe European Central Bank’s ambition to launch a digital euro by 2029 is encountering growing resistance across the continent. Fourteen major lenders —including Deutsche Bank, BNP Paribas, and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s Relative Strength Index (RSI) has just dropped below 50, sparking major concerns that the BTC price might be heading for another major correction. This move has also prompted analysts to closely watch for signs of an increased sell-off, as they decipher what the new RSI level means for the market. Historically, when the RSI of BTC falls below this level, it often leads to a significant price crash. This suggests that if past patterns were to repeat, Bitcoin could be gearing up for further breakdowns.  RSI…

In a surprising move, Grayscale has decided to pause sponsor fees and reduce staking costs on its Grayscale Solana Trust (GSOL). The measure represents an incentive designed to draw fresh institutional inflows.The goal is simple: to make Solana as appealing to institutions as Bitcoin and Ethereum once were in their early days of adoption.Sponsored SponsoredA Push to Spark Institutional InterestGrayscale has suspended fees on its Solana Trust for three months or until it reaches $1 billion in assets, whichever comes first. The decision forms part of a broader strategy to adapt to shifting institutional investor behavior in the digital asset…

Iris Coleman Nov 05, 2025 11:40 Explore BNB Chain’s recent advancements, including new projects, ecosystem updates, and key metrics. Discover initiatives like the $1B Builder Fund and the latest trading platforms. The BNB Chain ecosystem continues to expand and evolve, showcasing significant developments from October 16 to 22, 2025. According to the BNB Chain blog, the blockchain platform has witnessed remarkable activity in terms of user engagement and new project launches. Key Metrics During the reported week, the BNB Smart Chain (BSC) recorded an average of 2,508,097 daily active users, while the opBNB…

Greenwich, CT, November 5th, 2025, ChainwireLeverage Shares by Themes is thrilled to announce the launch of GEMG, a first-to-market single-stock leveraged ETF with exposure to GEMI, available for trading November 5, 2025.The firm continues to expand its leveraged single-stock ETF lineup across the digital asset ecosystem; the debut of GEMG is hot on the heels of the firm’s recent launches of the Leverage Shares 2X Long BMNR Daily ETF (BMNG) and Leverage Shares 2X Long BLSH Daily ETF (BLSG), which became available for trading on October 27, 2025.These ETFs are designed to equip investors to amplify returns (up and down)…

Paris, France, November 5th, 2025, ChainwireZama, the cryptography company behind the Zama Confidential Blockchain Protocol, today announced that it has acquired KKRT Labs, a pioneering research and development firm focused on scaling blockchains using Zero-Knowledge Proofs. This strategic acquisition strengthens Zama’s technical depth in blockchain scalability and validity (ZK) rollups, while accelerating its ability to deliver high-performance confidentiality to all public blockchains.Unlocking the Next Phase of Scalable Onchain ConfidentialityKKRT Labs (also known as “Kakarot”) brings deep expertise in designing high-performance proving architectures and modular rollup systems for Ethereum-equivalent environments. Backed by investors such as Vitalik Buterin, Starkware, Lambda Class, and…

CXAI is shaping the future of work by enabling enhanced employee experiences using artificial intelligencePALO ALTO, CA / ACCESS Newswire / November 4, 2025 / CXApp Inc. (Nasdaq:CXAI), the global technology leader in employee workplace experiences, announced it will host a conference call at 5:00 PM Eastern Time on Wednesday, November 12, 2025, to discuss the company’s financial results for the third quarter of 2025 ended September 30, 2025. The call will be led by the Company’s Chairman and CEO, Khurram Sheikh, and CFO, Joy Mbanugo, and will also include an update about the company’s progress on its state-of-the-art AI-native…

Key takeaways:The spot Solana ETFs start strong by drawing over $400 million in weekly inflows.SOL broke its 211-day uptrend, slipping below key moving averages.Failure to hold $155 could send SOL price into the $120–$100 range.Spot Solana (SOL) exchange-traded funds (ETFs) start their trading journey with strength, posting record positive inflows that underscored institutional demand for the network’s native asset. On Monday, spot SOL ETFs recorded a daily high of $70 million in inflows, the strongest since launch, taking the total spot ETF inflows to $269 million since its debut on Oct. 28.Spot SOL ETF flow: Source: Farside.co.ukData from Bitwise indicated…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody tools. According to company statements and industry reports, the deal adds capabilities for corporations and fintech clients that want ready-made wallets and custodial support. The price was not disclosed. Palisade Brings Wallet Tech And MPC Palisade’s stack includes multi-party computation (MPC) for key management and support for multiple blockchains, including XRPL, Ethereum and Solana. Based on reports, the firm has experience with rapid wallet provisioning and a model that appeals to firms that do…