Cango Inc. increased its Bitcoin holdings by 7.65 BTC in May 2026, bringing the total to 1,065.11 BTC after selling over 6,400 BTC earlier in the year to repay debt. The company mined around 230 BTC in April and improved mining efficiency, reducing cash costs by 19.3%. Cango is pivoting towards AI computing infrastructure, signaling a shift from Bitcoin holdings as the main health indicator to a focus on AI strategy and diversified cash flow generation.
The crypto market cap rose about 1.2% to $2.28 trillion, with Bitcoin holding steady above $64,000 and most top coins posting modest gains. Improved sentiment follows Bitcoin's tough June, aided by renewed ETF inflows and easing fear in the market. A...
Patrick Shyu, a former engineer at Meta and Google, warns that Bitcoin is threatened by two major issues: the decline of miner incentives as new coin rewards diminish and the potential future risk from quantum computing breaking Bitcoin's cryptograph...
The Ethereum Foundation patched a medium-severity vulnerability that allowed any peer to crash validator nodes by sending a single crafted message via the gossipsub protocol. The bug, found by an AI agent, caused an integer overflow triggering a cras...
TD Cowen reaffirmed its Buy rating on Micron Technology with a $1,600 price target, implying a 63% upside. The firm highlighted ongoing strong demand for memory products driven by AI infrastructure growth and persistent supply constraints expected be...
The Bitcoin Policy Institute (BPI) has filed to intervene as a defendant in a New York lawsuit seeking ownership of nearly 40,000 dormant bitcoin addresses valued at $293 billion. Plaintiffs claim the bitcoins were abandoned after being untouched for...
