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Sources: Sequoia Capital China, which raised $8.5B last year, has started screening some investments for US national security concerns, a first for the firm (Wall Street Journal)

[ad_1] Wall Street Journal: Sources: Sequoia Capital China, which raised $8.5B last year, has started screening some investments for US…

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Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry lost ~$400B in value, dropping to $2.7T (Ingrid Lunden/TechCrunch)

[ad_1] Ingrid Lunden / TechCrunch: Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in…

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Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021 (Meir Orbach/CTech)

[ad_1] Meir Orbach / CTech: Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off…

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Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets in recent months, down from $100B+ in April 2022 (Financial Times)

[ad_1] Financial Times: Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets…

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CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B (Emily Nicolle/Bloomberg)

[ad_1] Emily Nicolle / Bloomberg: CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle’s USDC stablecoin…

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