>

Archive

Browse our published reporting by date and region.

Crypto

Canaan Technology’s revenue plummets 90%! Mining machine sales shrank by 96%, CAN stock price fell by 18%

The latest financial report of Bitcoin mining machine manufacturer Canaan Technology (Canaan, NASDAQ: CAN) reveals the dilemma of the mining boom! The third-quarter financial report showed that revenue dropped by 90% year-on-year to US$14.5 million, and revenue from mining machine product sales plummeted by 96%. On the day the financial report was released, CAN's stock price still fell 18.41%, reflecting the market's doubts about the demand for mining machines and the quality of profits. 〈Canaan Technology’s revenue plummeted 90%! Mining machine sales shrank by 96%, CAN stock price plummeted by 18%> This article was first published on "Block Guest".

Blockcast 鏈報
Read more
Crypto

ChatGPT opens merchant claim files, you can view the number of mentions and clicks within 28 days

OpenAI has launched a beta version of Businesses in ChatGPT. Merchants can claim files and view the website clicks that have been mentioned in ChatGPT responses in the past 28 days. Online merchants must be cited by the website to be considered mentioned, and American e-commerce companies can also establish merchant agents. This article ChatGPT opens merchant claim files, and you can see the number of mentions and clicks within 28 days. It first appeared on Lian News ABMedia.

鏈新聞 ABMedia
Read more
Technology

During the chip boom, when valuations increased tenfold in three months, even 50 million didn’t allow him to start a business.

Author｜Bao Yonggang Editor｜Liu Wei With 50 million yuan on the table, Dr. Zhang finally decided not to start a business. He had just left an acquired company and caught up with the new wave of chip entrepreneurship. A well-known VC is willing to spend 50 million yuan to let him form a team and become CEO. Dr. Zhang frequently meets with investors and identifies core members, and the project has reached the start-up stage. After a while, he stopped. After talking with investors and people in the market, Dr. Zhang felt that his abilities did not fully match what he really needed to start a business. Placing it in the spring of 2026, this is an abnormal decision. At that time, the valuation of popular chip projects could increase tenfold in three months, and technical backbones of major manufacturers were constantly being persuaded to start their own businesses. Most people were worried about missing the window, but Dr. Zhang chose to stay on the sidelines when the money was already in front of him. Wang Xiaofeng is already on the court. Wang Xiaofeng, who has a technical background, has worked for several domestic AI chip companies. What attracted him to starting a business was that he could finally do something according to his own judgment. What he is doing is one of the hottest directions in 2026, LPU chips. During a financing exchange, an investor asked him: What programming model should LPU adopt? For GPUs, the answer is SIMT. There is no ready answer for LPU chips. Wang Xiaofeng knows very well that this is not a problem that can be solved with a few pages of PPT. If he could calm down and study for two or three months, he felt that he could at least make a preliminary plan. The problem is, he doesn't have these two or three months. "There is no time at all, and I can't calm down to study slowly. Everyone in the team is under great pressure." It's not because the company has no money. After receiving the first investment in early 2026, it took more than half a year to advance three or four rounds of financing, and its valuation increased from the initial few hundred million yuan to nearly one billion yuan. Dr. Zhang chose not to start a business when faced with 50 million yuan, but Wang Xiaofeng was pushed by rounds of financing.

雷峰网
Read more
Crypto

Prediction market user lost US$300,000 betting on football, sued Kalshi for illegal gambling and demanded US$580,000

After a man in Washington State lost more than $308,000 on sports betting on Kalshi, he sued the platform for operating illegal gambling in accordance with state law, citing "game by game [...] Prediction market users lost $300,000 betting on sports, and sued Kalshi for illegal gambling for $580,000." This article was first published on BlockTempo "DongZu DongTen - the most influential blockchain news media".

動區動趨 BlockTempo
Read more
Crypto

[Madman Talks about Trends] Bitcoin fell below the 200-day moving average, and the overall market outlook is still optimistic

Although it has fallen below the 200-day moving average, Bitcoin is already very resilient. Overall, I am still optimistic about the market outlook. First, I have confidence in the big cycle of Bitcoin. Second, I believe that the AI ​​bull market is far from over. This decline is likely to be a collapse that gradually shifts from the hardware layer to the application layer. "[Madman Talks about Trends] Bitcoin fell below the 200-day moving average, and the overall market outlook is still optimistic." This article was first published on "Block Guest".

Blockcast 鏈報
Read more