Cango Inc. Announces September 2025 Bitcoin Production and Mining Operations Update

Cango Inc. Announces September 2025 Bitcoin Production and Mining Operations Update

Advertisment HONG KONG, Oct. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for September 2025. Bitcoin Mining Production and Mining Operations Update for September 2025 Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its…

Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

The stablecoin-focused GENIUS Act, which was enacted in July, will trigger an exodus of deposits from traditional bank accounts into higher-yield stablecoins, according to the co-founder of Multicoin Capital. “The GENIUS Bill is the beginning of the end for banks’ ability to rip off their retail depositors with minimal interest,” Multicoin Capital’s co-founder and managing…

Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. A ruble-backed stablecoin tied to a sanctioned Russian defense bank somehow…

The Best Crypto in 2025 -  MoonBull Presale Drums Loud Amid Cronos Roaring Back And Solana Fanning The Flames

The Best Crypto in 2025 –  MoonBull Presale Drums Loud Amid Cronos Roaring Back And Solana Fanning The Flames

Moon Bull is catching investors’ sight as they look for new opportunities. The city’s tech-driven market is buzzing with opportunities, and MoonBull ($MOBU) is emerging as an interesting opportunity. With its presale kicking off a wave of investor interest, $MOBU is gaining traction in LA´s crypto circles. Market participants often evaluate new projects based on their…

DeFiLlama Delisting Aster Perpetual Futures Volume Data

DeFiLlama Delisting Aster Perpetual Futures Volume Data

Decentralized finance (DeFi) analytics platform DefiLlama is delisting perpetual futures volume data for the Aster decentralized exchange platform (DEX) due to data integrity concerns, according to 0xngmi, a pseudonymous co-founder of DeFiLlama. Trading volume on Aster, which is linked to CZ, co-founder of the Binance crypto exchange, is now “mirroring Binance Perp volumes almost exactly,”…

Could Crypto and Stocks Face a Major Correction if This Unlikely Scenario Unfolds?

Could Crypto and Stocks Face a Major Correction if This Unlikely Scenario Unfolds?

The Federal Reserve’s October rate decision could trigger unexpected shocks in U.S. stocks and Bitcoin as unresolved federal government shutdown risks cloud the outlook. Government shutdown delays key data ahead of FOMC meeting A partial federal government shutdown began on Oct. 1, shuttering many non-essential services including the Bureau of Labor Statistics (BLS). This shutdown…

Renault announces plan to cut 3,000 support jobs

Renault announces plan to cut 3,000 support jobs

French automobile company Renault has announced plans to reduce its workforce by 3,000. According to a report from French newsletter L’Informatique dated Saturday, October 5, the company plans to cut jobs through a voluntary redundancy program for workers in support roles. Some of the support areas that Renault intends to reduce by 15% include human…