Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining

Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million net loss, driven largely by non-cash charges tied to equipment impairments and bitcoin price-linked accounting adjustments. Cango Sells Bitcoin to Cut Debt, Pivots Toward AI Infrastructure in 2026 The New York-listed company (NYSE: CANG), which … Read more

Mastercard to Acquire Stablecoin Infrastructure Firm BVNK in Deal Worth up to $1.8 Billion

Mastercard said Tuesday it has agreed to acquire London-based stablecoin infrastructure provider BVNK in a deal valued at up to $1.8 billion, as the payments giant expands deeper into blockchain-enabled financial services. Mastercard Targets Cross-Border Payments Growth With BVNK Acquisition The transaction includes up to $300 million in performance-based contingent payments and is expected to … Read more

Report: Paypal Expands PYUSD Stablecoin to Nearly 70 Countries, Targeting Global Payments

Paypal just turned its stablecoin into a global contender, pushing PYUSD into dozens of new markets in a single sweep. Paypal Broadens Crypto Push With PYUSD Rollout Across Emerging Markets Paypal is expanding access to its dollar-pegged stablecoin, PYUSD, to users in 68 additional countries, bringing total availability to 70, according to a March 17 … Read more

You have not selected any currencies to display