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DALLAS, Dec. 5, 2025 /PRNewswire/ – Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for November 2025. Paul Yu, CEO and Director of Cango, commented, “November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings. We also completed our transition to…

December 5, 2025 — Cloud mining technology provider CLS Mining launched its new “Simple Mining, Smart Rewards” solution, designed to help users participate in cloud mining networks and earn cryptocurrency rewards in a lighter and smarter way. This solution combines automated hashrate allocation with AI optimization technology, making the mining process more efficient and user-friendly. CLS Mining states that the new solution uses an intelligent resource scheduling system, allowing users to contribute to the network of mainstream assets without complex operations. The system automatically adjusts hashrate based on on-chain activity, difficulty changes, and real-time network data, making rewards more stable…

Singapore, Singapore, December 5th, 2025, Chainwire Hotstuff Labs today announced the public testnet for Hotstuff L1, a DeFi Layer 1 blockchain powered by DracoBFT, a custom-built consensus protocol. Hotstuff L1 is a purpose-built chain that pairs a highly performant on-chain order book with a programmable finance routing layer where validators act as last-mile gateways to trading, payments, and fiat rails. Unlike general-purpose chains, Hotstuff L1 is designed as an Uber-style routing layer where validators deliver real-world financial access on demand. Hotstuff Labs is backed by top-tier investors, including Delphi Digital, Dialectic, Stake Capital, Tykhe Ventures, and the founders of leading DeFi protocols such as 1inch, Safe, Biconomy, Socket,…

The new fund, TXXS, gives traders 2x daily exposure to SUI.21Shares on Thursday, Dec. 4, listed a new exchange-traded fund (ETF) offering the first-ever leveraged exposure to Sui (SUI) on the Nasdaq. The fund, called TXXS, was recently approved by the U.S. Securities and Exchange Commission (SEC) and gives traders double the daily price movement of Sui without holding the token directly.The ETF is the first product of its kind tied to the Sui ecosystem and arrives as the SEC continues reviewing 21Shares’ separate application for a spot Sui ETF, the firm said in an announcement.SUI, the native token of…

Bitcoin’s recent price movements have brought attention to the $84,000 range, where a large amount of buying activity was recorded. This zone may now act as a key support level as traders assess whether the market has formed a new base. Heavy Accumulation Around $84,400 Data from Glassnode, shared by analyst Ali Martinez, shows that 300,648 BTC were acquired between $84,375 and $84,635 as of December 3, 2025. This level saw the highest concentration of accumulation during the recent pullback, making it a clear area of interest for long-term holders. 300,648 Bitcoin $BTC were accumulated around $84,400, making it a…

In brief The European Commission launched an antitrust investigation into Meta’s policy which blocks AI providers from using WhatsApp’s business tools to offer chatbots when AI is the primary service. Meta’s policy change allows its own Meta AI to remain accessible on WhatsApp while potentially shutting out competitors from reaching customers through the messaging platform. The probe covers the entire European Economic Area except Italy, investigating whether the company violated competition rules prohibiting abuse of dominant market positions. Europe’s competition regulator has opened a formal investigation into tech giant Meta over policy changes that allow the company’s own AI chatbot…

In brief Italy’s financial watchdog cited rising risks from crypto’s deepening ties to mainstream finance and fragmented international oversight. The probe will examine protections for retail investors in both direct and indirect crypto holdings. Experts warn Europe’s tighter supervision will raise compliance costs but offer regulatory certainty and competitive advantages over looser jurisdictions. Italy has opened an “in-depth review” of retail investors’ crypto exposure as digital assets gain traction in mainstream markets and patchwork rules complicate oversight.The Macroprudential Policy Committee, made up of the Bank of Italy’s governor, insurance and pension regulators, and treasury officials, warned Thursday that risks could…

According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Related Reading Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Crowd Mood Shifts To Fear Based on reports from Santiment, its chart tracks XRP’s price against positive and negative comments and a combined sentiment line that aims to measure crowd feeling. Recent readings pushed the balance into what…

A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments.N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company added that its systems have been designed for interoperability with stablecoins, utility tokens, and other digital assets.Signature Bank founder ​​Scott Shay founded N3XT, which will operate under a Wyoming Special Purpose Depository Institution (SPDI) charter and will not offer lending services.Signature Bank was one of three…

Cross-chain swaps enable seamless cryptocurrency exchanges across different blockchain networks without centralized intermediaries. As blockchain ecosystems expand, the ability to move assets between chains has become essential for traders, DeFi users, and investors seeking to maximize opportunities across multiple networks. This comprehensive guide explores the best platforms for cross-chain swaps, examining their features, security measures, and unique advantages in the rapidly evolving crypto landscape. What Are Cross-Chain Swaps and Why They Matter Cross-chain swaps allow users to exchange cryptocurrencies from one blockchain to another directly, eliminating the need for centralized exchanges or custodial services. This technology addresses one of crypto’s…