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Bitcoin News / Bitcoinist - 2 months ago

Bitcoin Heist At Home: Wife Uses CCTV To Pocket $176 Million

A bitter domestic dispute has spilled into the UK High Court after a man claimed a massive Bitcoin holding vanished from his control under unusual circumstances inside his own home. Ping Fai Yuen has accused his estranged wife Fun Yung Li of secretl...

Bitcoin News / Bitcoin.com - 2 months ago

Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining

Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million net loss, driven largely by non-cash charges tied to equipment impairments and bitcoin price-linked accounting adjustments. Cango Sell...