Canaan reported fourth-quarter revenue of $196.3 million, a 121% year-over-year increase driven by renewed demand for Bitcoin mining rigs. The rebound signals growing miner confidence after a sluggish start to the year.
Ledger says the Mediatek Dimensity 7300 chip may be vulnerable to compromise at the lowest hardware level, and the flaws could be unfixable with software patches. The issue raises risks for mobile crypto wallets and devices using the chip.