Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango’s PRC business. The transaction includes an initial $210.64 million payment upon closing, with the remaining balance contingent on tax obligations and…
The Project Kuiper payload is prepared for liftoff. Image credit: Amazon Amazon is moving ahead with its internet satellite initiative, the tech giant announced on April 2. Project Kuiper, a batch of 27 satellites set to launch on April 9, will compete with Elon Musk’s Starlink. First satellite launch will demonstrate Amazon’s space capability Project…
Grey Markets or Gray Markets are an informal market where crypto, stocks, bonds, gold, and other assets are sold formally among market participants without direct regulatory oversight. The markets are mostly used by private equity funds, large investors (whales), and other funds like wealth funds, sovereign funds, and family offices (but not mutual funds). Such…
Key Takeaways Ethereum whales accumulated over 130,000 ETH amid a price drop below $1,800. Despite macroeconomic uncertainties, Ethereum’s network metrics show growth, with an increase in new addresses and decreased gas fees. Share this article Ethereum whales accumulated more than 130,000 ETH on Wednesday as the second-largest digital asset fell below $1,800, its lowest level…
Nintendo finally unveiled more details about the Switch 2 this week, including its sticker price. The forthcoming console will cost $449.99 on its own, or $499.99 as part of a Mario Kart World bundle when it launches on June 5. Say it with me now: Ouch. According to Mashable’s Alex Perry, who played Switch 2…
This content is provided by a sponsor. PRESS RELEASE. The influencer industry’s about to anoint its official currency, and Influencer Pepe (INPEPE) is stepping into the spotlight with swagger. Its presale is live at an eye-poppingly low $0.0000001781 per token—a price that’s a fleeting steal, destined to climb through 60 stages as the presale progresses….
More than 10,000 delegates from around the world will convene at the iconic Carrousel du Louvre from April 8 to 10 for Europe’s premiere crypto event, the Paris Blockchain Week (PBW). The 6th edition of this high-profile conference will host over 400 senior speaker attendees, with major names like Input Output’s CEO & Founder –…
There are situations in which tariffs are a useful tool to address a trade deficit, or to protect key sectors of a country’s economy. Then there are situations where you accuse a bunch of penguins on an uninhabited island of currency manipulation. Guess which one we’re living in? This is the takeaway of the manifold…
[PRESS RELEASE – Próspera ZEDE, Honduras, April 3rd, 2025] Public sale of governance token commences April 16, with a listing to follow in May; near-term upgrades include Base chain integration, wallet expansion, and DeFi aggregator support. Stabull Labs LLC, operator of the stablecoin and real-world asset (RWA) decentralised exchange (DEX), Stabull.Finance, has announced the upcoming…
Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump’s tariff spree. The iPhone maker took one of the biggest hits on Wall Street, where tech stocks dropped as investors shifted money away from volatile assets. Tesla, Nvidia, and Meta were…
