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Following The Appointment Of Sav Persico As Chief Operating Officer, Token Cat Limited Board Approves $1 Billion Crypto Asset Investment Policy
BEIJING, Dec. 2, 2025 /PRNewswire/ — Token Cat Limited (Nasdaq: TC, the “Company”) today announced that its Board of Directors has formally approved a Crypto Asset Investment Policy (the “Policy”), authorizing the Company to allocate a portion of its cash reserves into selected crypto assets under a disciplined risk-management framework. After careful evaluation, the Company decided to proceed with this Policy. Earlier, it appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation. Guangsheng Liu, Chief Executive Officer of Token Cat Limited, stated:”The Policy is an important step in strengthening our…
DALLAS, Dec. 2, 2025 /PRNewswire/ — On December 1, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operational Highlights Total revenues were US$224.6 million in the third quarter of 2025, an increase of 60.6% compared with the second quarter of 2025. Revenue from the bitcoin mining business in the third quarter of 2025 was US$220.9 million. Operating income was US$43.5 million and net income was US$37.3 million over the period. Adjusted EBITDA for the third quarter of 2025 was US$80.1 million. Average operating hashrate…
BELIZE City, Belize, December 2nd, 2025, Chainwire Crypto Fight Night (CFN) has confirmed a partnership with BC.GAME, which will serve as the event’s Exclusive Gaming Partner for the 2025 edition. A dedicated Crypto Fight Night section is now live on the BC.GAME homepage with official pre-fight betting markets for the full card ahead of fight night on December 5. One of the most anticipated nights on the crypto fight calendar is just around the corner. On December 5, 2025, Crypto Fight Night (CFN) will team up with crypto-native online brand BC.GAME, which has been appointed as the event’s Exclusive Gaming…
November 25, 2025 – London, UK – FuturoMining, a global cloud mining platform based in the UK, has officially launched a zero-cost cloud mining program that allows users to mine Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) without any initial investment, with a potential daily income of up to $4,500. The new program significantly lowers the threshold for entry into mining by offering free computing power, instant rewards, automatic daily calculations and a simple registration process. Users can participate without purchasing equipment, paying for electricity or having any technical experience, making it ideal for beginners and investors looking for a…
Crypto markets were hit with a fresh wave of forced liquidations early Monday as nearly $646 million in leveraged positions were wiped out across major exchanges, adding to the month’s bruising close and extending losses in bitcoin, ether and large-cap altcoins.Coinglass data shows longs made up almost 90% of the total, with the largest single liquidation a $14.48 million ETH-USDC order on Binance. Binance, Hyperliquid and Bybit each recorded more than $160 million in liquidations, reflecting heavy positioning that snapped during the Asian session.Liquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or…
Once upon a time, December was an incredibly dead month for games—an opportunity to catch up on your backlog, since all of the year’s big games had already come and gone.Well, that’s no longer the case. There are a bunch of killer games releasing this December.December brings us strong options across a bunch of genres, from psychological and survival horror to side-scrolling beat-’em-ups, a classic RPG, a long-awaited sequel to a legendary franchise, and even an abstract art game about skateboarding.Most of these games are indie affairs, with only one game from a big publisher, so we’re expecting most of…
White House AI and crypto czar David Sacks has fired back at The New York Times over a report detailing how his government advisory role could benefit his investments and his close associates.Sacks said in a post to X that despite having “debunked in detail” the Times’ reporting over the past five months, the outlet continued to publish the article on Sunday about his supposed conflicts of interest.“Today they evidently just threw up their hands and published this nothing burger,” Sacks wrote. “Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don’t…
North Korean state-backed hackers, the Lazarus Group, primarily employed spear phishing attacks to steal funds over the last year, with the group receiving the most mentions in post-hack analyses over the last 12 months, according to South Korean cybersecurity company AhnLab.Spear phishing is one of the most popular methods of attack by bad actors like Lazarus, using fake emails, “disguised as lecture invitations or interview requests,” AhnLab analysts said in the Nov. 26, 2025, Cyber Threat Trends & 2026 Security Outlook report. Spear phishing attacks are a more sophisticated version of phishing that typically requires research and planning from the…
Bitcoin price started a fresh decline from $92,000. BTC is down over 5% and the bulls are struggling to keep the price above $86,500. Bitcoin started a fresh decline below the $90,000 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $89,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $86,500 zone. Bitcoin Price Dips Again Bitcoin price failed to settle above the $92,000 resistance zone…
Dubai, UAE, November 28th, 2025, Chainwire Avail Nexus goes live, connecting rollups, appchains, and dApps into one coordinated operational universe where liquidity, assets, and users move freely at scale. Avail, a modular blockchain infrastructure provider building the foundations for the next generation of applications and appchains, announces the launch of Avail Nexus Mainnet, its breakthrough crosschain solution that unifies liquidity and user flows across major ecosystems, including Ethereum, TRON, Polygon, Base, Arbitrum, Optimism, HyperEVM, BNB, Scroll, Monad, Kaia, Solana (coming soon), and others. The launch marks the first time Web3 has access to a coordinated, liquidity-aware crosschain network, bringing Avail’s…
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