Technology

Cango Inc. Joins Bitwise Bitcoin Standard Corporations ETF

Published

2 weeks ago

March 18, 2025

SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.

“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”

Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.

About Cango Inc.

Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com

Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com

View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-joins-bitwise-bitcoin-standard-corporations-etf-302404481.html

Technology

Think you can do better than your team’s GM? Ultra GM gives you that chance.

Published

1 hour ago

March 29, 2025

MIAMI, April 1, 2025 /PRNewswire/ — Ultra GM, a new fantasy football platform, launches April 1, 2025. It offers an unmatched level of realism, allowing fans to live the fantasy of being the General Manager (GM) of their favorite football team.

Ultra GM caters to fans seeking a more sophisticated gaming experience. Those who think they can do a better job than their team’s GM. It enables them to demonstrate their football acumen and managerial skills while competing against family and friends, as well as the roster built by their favorite team’s GM. Visit ultragm.com to register today.

“Ultra GM offers football fans an unparalleled level of realism and engagement,” said Evan Goldenberg, Founder & CEO. “Users, which we call UGMs, manage their teams through the draft, free agency, trades and the practice squad, subject to the same contracts and salary cap as real GMs.”

UGMs select one of the 32 pro teams, acquire its roster, and manage all aspects of the franchise, from the college draft and free agency to player signings, cuts, and trades. The platform mirrors a GM’s responsibilities, offering a realistic experience for fans.

Realistic Gameplay: Ultra GM mimics pro football rules, the salary cap, free agency and the draft.Dual League Competition: UGMs compete in two leagues: a 32-team league mirroring pro-football and a 14-team league where they compete against UGMs of the same team to see who manages it the best.Unique Scoring System: Points are based on the players’ on-field play and are awarded for all positions. Scoring is designed to reflect the true value of each position and football action.Dynasty Format: UGMs can build their team over the course of multiple seasons.

Ready to prove your GM skills? The college draft and free agency are just around the corner, along with your chance to prove you are a better GM than your friends . . . and the guy running your favorite team. Sign up now at ultragm.com.

Facebook: @Ultra GM
Instagram: @ultragm_nfl
X: @UltraGM_NFL
YouTube: @UltraGM-NFL
TikTok: @ultragm_nfl

Media Contacts:
Evan Goldenberg: 786-642-0030
Rachel Domark: 305-299-3050

Ultra GM is a Miami-based company offering football fans the chance to be the GM of their favorite team. It provides fans a level of realism, sophistication and engagement never before offered in fantasy football.

View original content to download multimedia:https://www.prnewswire.com/news-releases/think-you-can-do-better-than-your-teams-gm-ultra-gm-gives-you-that-chance-302414512.html

SOURCE Ultra GM

Technology

How Medical Malpractice Cases Work in Florida: What Victims Need to Know

Published

3 hours ago

March 29, 2025

MIAMI, March 29, 2025 /PRNewswire/ — The Law Offices of Jason Turchin, a national personal injury firm, is educating Florida residents on how medical malpractice cases work in the state. Victims of negligent medical care may be entitled to compensation, but Florida has strict laws that can make these cases complex.

“Medical malpractice cases in Florida often require experience and a deep understanding of the law,” says Jason Turchin, Esq., a personal injury attorney who has handled numerous malpractice claims. “Victims generally deserve answers and justice when medical care goes wrong.”

What Is Medical Malpractice in Florida?

Medical malpractice occurs when a healthcare provider fails to meet the standard of care, resulting in injury or death. This may include:

Surgical errors

Misdiagnosis or delayed diagnosis

Medication mistakes

Birth injuries

Anesthesia complications

Florida‘s Pre-Suit Requirements

Florida law generally requires a specific pre-suit process before a medical malpractice lawsuit can be filed:

Notice of Intent – The victim must notify the healthcare provider of the intent to sue.

Expert Affidavit – A qualified medical expert must confirm that malpractice likely occurred.

90-Day Investigation Period – The provider has 90 days to respond, during which settlement negotiations may take place.

Time Limits to File a Claim

Florida has a two-year statute of limitations, meaning victims generally have two years from the date they knew or should have known about the malpractice. There are some exceptions, such as fraud or cases involving minors.

Potential Compensation

Medical malpractice victims may be entitled to compensation for:

Medical bills

Lost wages

Pain and suffering

Disability or disfigurement

Wrongful death (for surviving family members)

Call the Law Offices of Jason Turchin

If you or a loved one suffered due to possible medical malpractice in Florida, contact the Law Offices of Jason Turchin for a free consultation at (800) 337-7755 or visit www.jasonturchin.com.

About the Law Offices of Jason Turchin

The firm represents victims of personal injury and wrongful death throughout Florida and the U.S. Jason Turchin, Esq. has been featured in CBS Evening News, Forbes, and Rolling Stone for his work in consumer and injury law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/how-medical-malpractice-cases-work-in-florida-what-victims-need-to-know-302413442.html

SOURCE Law Offices of Jason Turchin

Technology

UtahRealEstate.com Partners with Inside Real Estate to Give Members an Advertising Platform to Promote Listings on Facebook and Instagram

Published

3 hours ago

March 29, 2025

PropertyBoost, a powerful tool developed by Inside Real Estate for advertising listings on Meta platforms, is now fully integrated within the UtahRealEstate.com MLS platform

SANDY, UTAH, March 29, 2025 /PRNewswire-PRWeb/ — UtahRealEstate.com (“URE”) has partnered with Inside Real Estate to give its members a new advertising platform to promote their listings on Facebook and Instagram. PropertyBoost, the tool developed by Inside Real Estate for listing agents, has been deeply integrated into URE’s MLS listing input module to allow listing agents to create advertising for their listings and open houses in a few simple clicks.

Creating professional Facebook or Instagram advertisements requires a certain set of marketing skills that can be complicated. With PropertyBoost, URE’s members have these hurdles removed, and the product strategically uses Meta’s advertising algorithms to break out of a real estate agent’s social circle and advertise listings to thousands of potential buyers that may not have otherwise been reached.

Brad Bjelke, CEO of UtahRealEstate.com, said, “URE regularly develops features and software for our MLS to keep our agents at the forefront of the transaction and to provide a fantastic consumer experience. Inside Real Estate is well known for their tremendous broker products, and we wanted to explore ways we could work with their team to bring the PropertyBoost product into the MLS space. PropertyBoost allows our members to have access to cutting edge social media advertising creation, and it has been a hit since the minute it was launched.”

Joe Skousen, CEO of Inside Real Estate, commented, “Our new partnership with UtahRealEstate.com marks our first product launch within the MLS space. URE is a fantastic partner that develops its own software, so we were able to make the integration powerful and easy to use by listing agents. We anticipate that the product usage will grow tremendously in 2025.”

URE launched the implementation of PropertyBoost in December of 2024 and has already seen tremendous success since being released.

About UtahRealEstate.com

Founded in 1994, UtahRealEstate.com is the leading provider of real estate technology in Utah and one of the largest multiple listing services in the United States. The company provides one of the top-ranked real estate websites in the country, servicing more than 8 million consumers each year. It also provides multiple listing services to approximately 20,000 real estate professionals, accounting for nearly 97% of all REALTORS® in the state of Utah.

About Inside Real Estate

Inside Real Estate is a fast-growing, independently-owned real estate software firm that serves as a trusted technology partner to over 500,000 top brokerages, agents, and teams. Their branded portfolio provides solutions, including PropertyBoost, that create a complete tech ecosystem for clients, and deliver seamless end-to-end operations, to scale success at any level. Inside Real Estate brings the resources, scale, and vision to deliver ongoing innovation and success to their growing customer base. To learn more visit insiderealestate.com.

Media Contact

UtahRealEstate.com, UtahRealEstate.com, 1 801-676-5400, media@utahrealestate.com, https://www.utahrealestate.com

View original content to download multimedia:https://www.prweb.com/releases/utahrealestatecom-partners-with-inside-real-estate-to-give-members-an-advertising-platform-to-promote-listings-on-facebook-and-instagram-302413946.html

SOURCE UtahRealEstate.com