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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…

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…

Victoria, Seychelles, November 4, 2025 – MEXC, a leading global cryptocurrency exchange, announced the successful conclusion of its USDf Unbound Campaign, which ran from October 3 to November 2, 2025. The month-long initiative attracted over 200,000 participants and recorded more than $50 million in daily trading volume for FF, driving a 136% increase in FF and USDf token holders.The campaign, launched in collaboration with Falcon Finance, offered users zero-fee trading across multiple pairs and high-yield staking opportunities with rewards of up to 200% APR. Trading activity remained robust throughout the campaign period, with FF/USDT spot pairs maintaining daily volumes between…

Los Angeles, USA, November 4th, 2025, ChainwireMevolaxy, a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy’s commitment to providing maximum user convenience as part of its community-centric approach.Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform’s proprietary technology that locks in the user’s staking terms for the whole duration of their…

Solana’s SOL token has fallen to its lowest level since August, breaking below the upward trendline, representing the bull run from April lows. The breakdown signals increasing bearish momentum, marked by the recent series lower highs and lows, and a renewed bearish MACD crossover.The immediate support is seen at $155— the 61.8% Fibonacci retracement of the rally from $95 to $253— breach of which could lead to a next support around $129. A move back above $180, the 200-day SMA, is needed to invalidate the bearish trend.SOL’s daily chart. (TradingView)

Lawyers for Sam Bankman-Fried will argue for a new criminal trial on Tuesday.His appeal alleges the first trial, in 2023, was rigged against him.Despite evidence presented at that trial, he continues to insist the bankrupt FTX merely faced a “liquidity crisis” in 2022.Two years after Sam Bankman-Fried was found guilty of committing one of the greatest frauds in US financial history, the former crypto billionaire will return to court in a desperate bid for a new trial. On Tuesday, a three-judge panel will hear oral arguments in Bankman-Fried’s appeal. Those arguments, as well as duelling legal briefs, will inform the…

In brief Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill face sentencing this week after pleading guilty to operating an unlicensed money transmitter. Prosecutors allege the defendants actively solicited criminals on dark web forums, with Rodriguez describing their service as “money laundering for bitcoin” in private messages. The government identified at least $237 million laundered through the crypto mixer, according to the filing. The U.S. government seeks a statutory maximum five-year prison sentence for both founders of Samourai Wallet, alleging they deliberately built and marketed a crypto mixing service as a haven for criminals to launder hundreds of millions…

Imagine a blockchain ecosystem powered by autonomous, self-learning AI agents automating transactions and making decisions with zero human intervention and maximum transparency. Well, this may sound like science fiction, but it is real. AI agents on blockchain platforms are greatly reshaping governance, finance, as well as everyday businesses. By combining the immutable trust of blockchain and the adaptive intelligence of artificial intelligence, AI agents are capable of making continuous, autonomous, and complex decisions. This is transforming Web3 architecture, unlocking multiple opportunities.  This blog explores how AI agents in crypto are transforming the current blockchain landscape, how they work, and the…

DeFi platform Stream Finance has faced a financial setback, prompting the firm to launch an Investigation led by Perkins Coie LLP.The firm, known for boosting capital efficiency and yield generation through innovative decentralized finance protocols, announced on X that an external fund manager overseeing Stream funds disclosed a loss of approximately $93 million in the firm’s assets, triggering a suspension of deposits and withdrawals as an investigation unfolds.In response to the unexpected loss, Stream has engaged Perkins Coie LLP, a leading international law firm renowned for its expertise in corporate governance, financial investigations, and regulatory enforcement. The fintech litigation firm…