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Amazon is stepping deeper into the AI arms race with the release of Trainium 3, a chip designed to rival Nvidia’s dominant GPU hardware.The new chips, available through Amazon Web Services (AWS), promise a fourfold increase in training speed over the previous version, while maintaining the same energy footprint. The move will put the tech giant in competition with Google and Nvidia as the scramble for infrastructure heats up.Each cluster of Amazon’s new “UltraServers” can run up to 144 Trainium 3 chips, positioning them to handle large-scale language model training and other compute-heavy tasks. The launch is part of Amazon’s…

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Even a tiny share of speculative capital from gold or tech stocks could double crypto’s $3 trillion market cap. Bitcoin (BTC) bulls and skeptics clashed on X on Tuesday after analyst CrediBULL Crypto pushed back against the popular claim that digital assets are “just speculation,” pointing to gold’s $12 trillion climb over the past year as proof that every major market runs on expectations and momentum. This defense comes at a time when the crypto market, with a total value of about $3 trillion, is trying to shake off a recent downturn and searching for catalysts to reignite growth. Market…

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DUBAI, UAE, Dec. 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Mantle, the high-performance distribution and liquidity layer for real-world assets, today announced a strategic partnership led by TokenLogic with Aave to advance decentralized finance (DeFi) accessibility and unlock new onchain liquidity channels for users worldwide. Under this collaboration, Aave will launch on Mantle Network, bringing the industry’s most trusted decentralized lending protocols to a scalable, low-cost, EVM-compatible Layer-2 built for institutional-grade applications and real-world assets. This integration will enable users to supply, borrow, and access tokenized assets powered by Mantle’s fast-growing DeFi, RWA,…

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GENEVA, Dec. 2, 2025 /PRNewswire/ — At Mt Pelerin, we are excited to announce today the launch of personal crypto IBANs. With this new feature, our users can transform their self-custodial wallets into something more: a universal account that seamlessly sends and receives money across both blockchain and traditional banking networks. A core tenet of Bitcoin and cryptocurrencies is self-custody, the fact of owning and controlling one’s money without any third party that could seize or freeze funds. It means financial freedom, but in practice it often means being disconnected from the rest of the world that uses the traditional…

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New York, United States, December 2nd, 2025, Chainwire Tria, the leading non-custodial global neobank, today announced that its payment card now supports top-ups directly from users’ self-custodied Bitcoin holdings- a first-of-its-kind milestone. The update allows consumers to fund their card from their own Bitcoin wallets and spend anywhere Visa or Mastercard is accepted- without transferring assets to an exchange, a lending account, or any custodial intermediary. The feature is designed to give Bitcoin holders a way to participate in global payments without altering how they store or secure their assets. Responding to Global Currency Instability and Shifting Consumer Behavior The…

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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…

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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…

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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…

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PANews reported on December 1st that Sushi announced on its X platform that Synthesis, led by Alex McCurry, has made a significant long-term strategic investment in the Sushi protocol, including the purchase of over 10 million SUSHI tokens. Alex will join and lead the SUSHI protocol team. Sushi achieved profitability in 2024, with revenue exceeding $10 million from its AMM, aggregator, and related products. With Synthesis’s support, Sushi aims to expand its annual revenue to over $20 million in the coming years, focusing on robust growth, clear execution, and a sustainable business foundation. Previously, it was reported that Jared Grey…

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In brief Ripple received regulatory approval in Singapore to broaden payment services using XRP and RLUSD stablecoin under its Major Payment Institution license. XRP surged to a new all-time high price earlier this year, breaking a seven-year record in the process. However, XRP has fallen 45% from that peak, recently trading hands for about $2.00. Ripple has received approval from Singapore’s Monetary Authority (MAS) to expand payment activities under its Major Payment Institution license held by subsidiary Ripple Markets APAC, the crypto giant announced Monday.This expansion allows the crypto-powered fintech company to broaden its regulated payment offerings to Singapore customers,…

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