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Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

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Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.

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Coin Market

SEC makes digital assets strategic priority through 2030

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The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.

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Coin Market

US lawmakers push back on Labor Department plans to include crypto in 401(k)s

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The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.

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Crypto PACs pour $3M into Maryland races as California voters head to polls

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An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.

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