Canaan

Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more

Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more 03/12/2023 at 19:02 By Cointelegraph by Ana Paula Pereira The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Canaan secures new financing as revenue falls 55% in Q3

Canaan secures new financing as revenue falls 55% in Q3 28/11/2023 at 20:02 By Cointelegraph By Zhiyuan Sun Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31% 29/08/2023 at 16:03 By Cointelegraph By Gareth Jenkinson Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million. This article is an excerpt from Cointelegraph.com News

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