Missfresh, an online grocery delivery app that saw orders boom during the Covid-19 lockdown, is close to raising $500 million, Bloomberg reported. Backed by social network Tencent and Goldman Sachs, the company has raised $300 million and as much as 1.5 billion yuan ($211 million) in local currency during an ongoing round of funding that has valued the startup at $3 billion, the report said. ...
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Crypto Global crypto
Breaking Down the SEC’s Double Whammy
The Securities and Exchange Commission started the week off with a one-two punch, filing lawsuits against Binance on Monday and Coinbase on Tuesday. The sweeping lawsuits shared some key charges, including that each company operates an unregistered securities exchange, but the Binance lawsuit contained other damning allegations, including that Binance and its CEO Changpeng Zhao...
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