Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform

Cango Inc. closed a $65 million insider equity round and a $10 million convertible note deal on March 31 and April 1, 2026, respectively, bringing in fresh capital to fund its pivot toward artificial intelligence (AI) and energy infrastructure. U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement … Read more

US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rulemaking Phase

U.S. Treasury moves to align state and federal stablecoin oversight, opening public comment on a new framework that could redefine how digital payment issuers operate across jurisdictions under the GENIUS Act. Treasury Invites Public Feedback on Framework Bridging State and Federal Stablecoin Rules The U.S. Department of the Treasury issued a notice of proposed rulemaking … Read more

Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally

On April 1, bitcoin twice broke above $69,000 amid optimism over possible U.S.–Iran diplomacy. Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by … Read more

CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement

Court order finalizes CFTC case against a former FTX engineering chief, enforcing financial penalties and long-term bans while underscoring how cooperation can shape outcomes in major crypto fraud investigations. Court Order Concludes CFTC Case Against FTX’s Former Head of Engineering The U.S. derivatives regulator took enforcement action against a former crypto executive as part of … Read more

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