Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, primarily driven by speculative investment, according to a recent report by the Bank for International Settlements (BIS).The BIS study, published...
Major Web3 fund ABCDE halts new investments and fundraising to focus on existing projects while launching crypto incubator Vernal amid Bitcoin staking shifts.
The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS).In an April 15 report, the BIS warned that the...
Web3 and blockchain-focused investment fund ABCDE is halting new investments, but the $400 million fund remains committed to supporting its existing projects.In an April 19 X post, ABCDE co-founder and Huobi exchange founder Du Jun...
Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent...
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