Canaan Creative has reported a Q2 2020 net loss of $2.38 million, an improvement over the prior Q1's reported loss of $5.64 million loss.
U.S.-listed ASIC hardware manufacturer Canaan Creative reportedly removed four executives from its listing.
Like Canaan, which raised $90 million in its 2019 public listing, Ebang feels the U.S. market offers them the best chance for expansion.
NASDAQ-listed Canaan Creative has released two new ASIC mining rigs, which offer lower hash power compared to its competitors.
Canaan has filed an S-8, a form the U.S. SEC requires companies to file if they are looking to issue equity to their employees.
Nasdaq will be making it more difficult for foreign companies, including blockchain firms, to list on its exchange.
The U.S. Senate took steps toward forcing Chinese companies to adhere to transparency rules or risk losing access to U.S. stock exchanges.
Ed Drake takes a look at what will happen to the publicly traded digital transaction processing companies post BTC halving.
The digital currency mining equipment company has until May 4 to state who will represent it in court.
Canaan Creative is equipping its crypto mining products with TSMC’s 5nm chip in the first quarter of 2020.