This week: Blockchain startup CyberConnect raised $15 million in series-A financing to restore data ownership, Web3-focused branding firm Gusto Collective closed an $11 million seed round, and more.
Meitu announced that it had purchased $22.1 million worth of Etherium (ETH) and $17.9 million in Bitcoin (BTC) via open market transactions on March 5.
According to China Star Market, sources say Chinese custom bitmining chipmaker Bitmain ordered job cuts at the end of 2019 to stem losses. The cuts focused on its AI business.
It is reported that Canaan has set the issuing price at the lower end of the price range, raising a total of $90 million.
“It was the best of times, it was the worst of times...” — Charles Dickens