News

Glonghui, February 25｜According to Bloomberg, citing sources familiar with the matter, US 3D gaming company Unity Software is considering various options for its China business, including a potential sale. Unity Software is working with advisors to assess market interest in this business. Unity Software's valuation target for this business could exceed 1 billion USD.

Glonghui, February 25｜Meta has reached a massive chip deal with AMD, alleviating market concerns about the impact of AI technology on existing tech companies. The social media giant Meta announced an AI chip procurement plan exceeding $100 billion, ordering chips from AMD, which pushed the Nasdaq Composite Index up by 1.0%, while both the S&P 500 Index and the Dow Jones Industrial Average rose by 0.8%.

ChainCatcher News, the U.S. Attorney’s Office for the Eastern District of North Carolina announced the seizure of over $61 million worth of USDT. These funds were traced to cryptocurrency addresses associated with “pig butchering” cryptocurrency investment scams. Investigations revealed that criminals typically gain victims’ trust by pretending to establish romantic relationships, then claim to possess professional expertise for earning high profits through cryptocurrency trading, guiding victims to use fake trading platforms that imitate legitimate ones. These platforms display fictitious high-return investment portfolios to lure victims into increasing their investments. When victims attempt to withdraw funds, the scammers further extort money under the pretext of requiring “taxes” or “fees.”