Canaan
Canaan Shares Surge as Company Authorizes up to $100M Buyback Program
The mining-rig computer maker says its new plan shows its confidence in the company’s long-term prospects.

Bitcoin Mining Rig Maker Canaan Surges After Strong Results and Guidance
The combination of an expanding customer base and higher average selling price drove the better-than-expected fourth quarter.

Alibaba and Canaan’s AI team up; AI makes NFT
Korean university to issue NFT graduation certificates. Alibaba and Canaan team up on AI. Auction data to make Valentine’s NFT bloom. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan
Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.

ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.

South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services
Canaan sues over bitcoin mining chip patent infringementIndia’s PayTM considers launching crypto-related services. Baidu and Netease file metaverse patents. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan
The order builds on the companies’ existing relationship that’s seen Hive already buy 10,400 machines this year.

Canaan Reports Record Revenues, Korea Says No to Crypto Tax Delay
Cryptocurrency mining hardware manufacturer Canaan reports record revenues. South Korea’s finance minister says no to crypto tax delay. NFT platform OpenSea admits insider trading. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Mining Rig Maker Canaan’s Stock Falls 11% on Disappointing Outlook
Analysts are wary as management notes challenges in the industry.
