Canaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor, securing $200 million in Series A-1 preferred stock financing.The funds will support Canaan’s R&D efforts, production expansion, and digital mining infrastructure investments in North America. —link : Wu Blockchain News
TheEnergyMag
Canaan Secures $200 Million for US Bitcoin Mining Expansion
Bitcoin mining hardware manufacturer Canaan Inc. has secured up to $200 million in funding through a Series A-1 Preferred Shares financing.
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Circle trims USDC cross-chain settlement time down to seconds with protocol update — link | tl;dr : unfolded. DeFi
The Block
Circle trims USDC cross-chain settlement time down to seconds with protocol update
The update reduces cross-chain 'transaction settlement time to seconds, compared to an average of 13 to 19 minutes.'
Bybit hack prompts EU scrutiny of OKX Web3 platform used by thieves — link | archive : unfolded. DeFi
Bloomberg.com
Bybit Hack Prompts EU Scrutiny of OKX Platform Used by Thieves
European crypto regulators are scrutinizing the use of a service offered by OKX, one of the largest digital-asset exchanges, by hackers to launder proceeds from a $1.5 billion heist on trading platform Bybit, people with knowledge of the matter said.
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UNSTOPPABLE: 🟠 Off-grid Bitcoin mining, deep in the woods, powered by rushing water ⚡️ : Bitcoin
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JUST IN: 🇺🇸 Texas lawmaker introduces bill to buy up to $250 million in Bitcoin and crypto. : Watcher Guru
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