China has fined Bitmain, one of the world's largest producers of cryptocurrency mining machines, almost 25 million yuan (US$3.6 million) for alleged tax violations, according to tax authorities in Beijing. The Beijing office of the...

Seychelles-based cryptocurrency exchange Bitget on Monday announced the launch of a Web3 fund with an initial investment of $100 million to support the development of cryptocurrency projects. The announcement comes ahead of the Hong Kong...

In the first quarter, Wachenheim-based Greenhaven Associates acquired millions of additional shares in General Motors GM -1.42% (ticker: GM) and initiated a large position in Ford F -0.80% Motor (F). Greenhaven also significantly increased its...

Artificial intelligence tool ChatGPT seems to have picked its side in the long-running dispute over whether gold and bitcoin are safe investments. "The AI is pretty smart after all," he said. "He didn't recommend investing...

The CEO announced a special meeting of shareholders to vote on the reverse share split plan in a ratio of 1 in 10 to 1 in 20, with the exact ratio to be determined by...