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Cango Completes Transformation into Bitcoin Mining Company

New York Stock Exchange-listed Cango Inc. has completed its transformation into a Bitcoin miner. Summary Cango, a U.S.-listed Chinese company that announced plans to become a Bitcoin (BTC) miner in November 2024, has confirmed that it has completed the transition.…

Bitcoin Miner Mawson Fires CEO Amid Fraud Allegations

Nasdaq-listed bitcoin mining company Mawson Infrastructure Group Inc. has reportedly fired its CEO Rahul Mevawalla amid allegations of fraud and breach of fiduciary duty. The lawsuit was filed in Delaware Chancery Court and the charges range from alleged fraud to…