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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…

In brief The firm will open trading for funds holding Bitcoin, Ethereum, XRP and Solana, aligning crypto with other non-core assets it already supports. The move follows months of internal review and comes amid steady demand despite a broader market pullback. Vanguard previously sat out the rapid growth of spot U.S. Bitcoin ETFs, whose combined assets have climbed from $25 billion in early 2024 to about $125 billion. Vanguard is opening its brokerage platform to crypto-focused ETFs and mutual funds, abandoning a stance that had kept digital-asset products off its shelves for years.Beginning Tuesday, the firm will permit trading in…

In brief YZI Labs filed a consent statement with the SEC seeking major changes to management and the board at BNB treasury firm, CEA Industries. The filing asks other BNC shareholders to vote on four separate proposals, including those that would expand the board at CEA and potentially elect YZi Labs’ nominees. Shares of CEA Industries (BNC) have fallen 92% from its yearly high set shortly after its treasury was established in July. Binance co-founder Changpeng “CZ” Zhao and his investment firm, YZi Labs, filed a consent statement with the SEC that seeks crucial changes to the board and management…

Chainlink (LINK) is trading lower this week as sellers regain control. The price has slipped to around $12 at press time, following a 7% drop in the past 24 hours. Meanwhile, the focus now turns to whether it can stabilize or if the path lower toward $8 is now open. Breakdown Signals Weakness in Structure LINK lost support at the $15 level recently. That level marked the 0.618 Fibonacci retracement zone, often used to gauge trend strength. Since breaking below it, the price action has turned more bearish. LINK is now hovering below the former ascending channel that guided its…

In brief Rockstar Games co-founder Dan Houser warned that AI models scraping AI-generated data could trigger a creative breakdown in games. He warned that training AI on synthetic data would produce models that “mirror themselves” and degrade over time as original human work becomes harder to find. Houser said he “couldn’t see how the information gets better” as studios adopt tools built on increasingly self-referential datasets. Rockstar Games co-founder Dan Houser—one of the key figures who helped propel the popular Grand Theft Auto franchise—delivered a stark warning about the direction of generative AI in video games, arguing that models trained…

Vanguard, one of the world’s largest asset managers with roughly $11 trillion in assets under management, will begin allowing customers to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, according to Bloomberg.”Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” Andrew Kadjeski, Vanguard’s head of brokerage and investments, told Bloomberg. “The administrative processes to service these types of funds have matured; and investor preferences continue to evolve.”Vanguard said it will support most crypto ETFs and mutual funds that meet regulatory standards, similar to how it treats…

A sudden drop in XRP balances across major crypto exchanges has led to speculations about how this might affect the cryptocurrency’s price action. The movement was highlighted by analyst Vincent Van Code, who explained that the transfers are not simply a sign of long-term holders scooping up supply.  Instead, he pointed to the expanding influence of newly launched Spot XRP ETFs, which are now absorbing a significant share of market activity that once took place on retail platforms. ETF Demand Is Pulling Liquidity Away From Exchanges Van Code noted that billions of XRP leaving Binance, Upbit, and Kraken are largely…

Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its digital shekel plans while China continues to expand the digital yuan. These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.Sponsored Israel Tightens Rules, Advances Digital ShekelStablecoins have become a central pillar of the digital asset market, moving well beyond their early role as a trading convenience. The sector now processes more than $2 trillion in monthly volume and holds a market cap above…