Canaan secures new financing as revenue falls 55% in Q3
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital.
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital.
Original source
Read on CointelegraphRelated market context
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...
Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race
Bitcoin Magazine Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race Blockworks, the New York-based...
Crypto’s World Cup play: Kraken, Chainlink, and Algorand stake claims while USMNT sits on the sidelines
The USMNT's lack of crypto partnerships highlights missed opportunities for fan engagement and revenue in a rapidly growing digita...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Metaplanet to Launch Bitcoin Yield Products in Japan After $13 Million Siiibo Securities Deal
Metaplanet has agreed to acquire Siiibo Securities, a licensed Japanese Type I securities firm, as part of its Project Nova strate...