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Tech 18 November 2022

ASIC firm Canaan’s Q3 income plummets 90%

Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to scale its R&D projects and mining operations.

logo of the FTX, a cryptocurrency exchange is displayed on a smartphone screen
Business 16 November 2022

Japan orders FTX to suspend operations

FTX Japan has gone into “close-only” mode, where users can only close out existing positions but can’t create new ones following the FSA’s suspension order.