The investment fund ABCDE, concentrated on Web3 and blockchain technologies, is halting fresh investments, although the $400 million fund remains steadfast in its support for ongoing projects.In a post on April 19 via X, co-founder Du Jun, who also established the Huobi exchange, stated that the fund will not pursue further investments in new ventures or collect additional capital for its second phase.Nonetheless, Jun indicated that the fund will persist in providing “post-investment support and exit plans for existing projects,” to affirm the organization’s dedication to entrepreneurs and liquidity providers (LPs).“My personal focus will gradually transition from financial investments in…
Autore: wsjcrypto
What are duties? Duties are levies imposed on imported products by a government or an international organization. Occasionally, duties can also be enforced on exports. They generate revenue for the government and act as a mechanism for trade regulation, often aimed at protecting local industries.There are four primary types of duties:Ad valorem duties: These are assessed as a percentage of the value of the good. For instance, a 20% levy might be placed on goods valued at $100.Specific duties: These are set charges based on the quantity of goods. For example, there might be a fee of $5 for every…
During my visit to the MIT Bitcoin Expo earlier this month, I had the opportunity to converse with Bitcoin Core developer Antoine Poinsot. At present with Chaincode Labs, Antoine formerly worked at Wizardsardine, a Bitcoin security firm known for Revault, a vault utilizing pre-signed transactions, and Liana, a Bitcoin wallet built on miniscript. Antoine’s initial commit was integrated into Bitcoin Core on May 16th, 2019. We talked about the Great Consensus Cleanup initiative that Antoine is proposing as a potential soft fork of the Bitcoin protocol, inspired by Matt Corallo’s original version of the proposal from 2019. Bitcoin has experienced…
GMA Network, Inc. experienced a decline in its attributable net profit by 34.7% to P2.07 billion in 2024, primarily attributed to diminished advertising revenues throughout the timeframe. The firm disclosed aggregate revenues amounting to P17.56 billion, which is a decrease of 5.8% from P18.64 billion in 2023, as outlined in its annual report. When analyzing its top-line figures, advertising revenues fell by 5.5% to P16.24 billion in 2024 from P17.18 billion in 2023. In contrast, service sales decreased by 1.7% to P1.12 billion from P1.14 billion, while merchandise sales plummeted by 36.1% to P199.27 million from P311.62 million. “Advertising revenues…
Trusted Editorial content, assessed by prominent industry specialists and experienced editors. Ad Disclosure In light of the recent market decline, numerous changes have transpired in the Dogecoin and Shiba Inu ecosystems. These encompass fundamentals that provide a positive perspective for the leading meme currencies. Advancements In the Dogecoin Ecosystem Recent advancements in the Dogecoin ecosystem consist of the introduction of 21Shares’ Dogecoin ETP in collaboration with the House of Doge, the corporate division of the Dogecoin Foundation. This marks the first fund officially endorsed by the House of Doge. The ETP is slated to launch in Europe on the SIX…
The asset management firm in the United States, Canary Capital, has submitted a request to list an exchange-traded fund (ETF) that will encompass the native token of the Tron blockchain network, TRX (TRX), as indicated by regulatory documents.The fund aims to possess spot TRX and stake a part of the tokens for increased return, as the filing states.As per CoinMarketCap, the TRX token boasts a total market value exceeding $22 billion. Staking TRX yields an annualized return of nearly 4.5%, according to data from Stakingrewards.com demonstrates.This filing represents the most recent in a series of submissions aimed at launching ETFs…
Reasons to have confidence Robust editorial standards prioritizing accuracy, relevance, and neutrality Developed by specialists in the field and thoroughly evaluated The utmost standards in reporting and publication Robust editorial standards prioritizing accuracy, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is currently positioned at crucial levels after facing weeks of intense selling pressure. Having retraced below the significant $2,000 threshold, the second-largest cryptocurrency has had difficulty regaining bullish momentum. Presently down 21% from that point, ETH remains around $1,580,…
by Edg Adrian A. Eva, Correspondent The Philippine Coast Guard (PCG) frequently grabs attention for its visibility and assertion of the nation’s rights over the West Philippine Sea (WPS). Some may know them from ports, overseeing crowds and guaranteeing safety for travelers. However, aside from these noticeable functions—what do we truly understand about these uniformed officers dressed in navy blue and white? Courtesy of PCG: Philippine Coast Guard personnel during the flag ceremony for the Day of Valor. Comprising over 30,000 members, the PCG operates as an armed and uniformed maritime force under the Department of Transportation (DOTr). The organization…
Crypto investment company HashKey Capital, situated in Hong Kong, has revealed the introduction of an XRP fund, with intentions to transform it into an exchange-traded fund (ETF) thereafter.Per an April 18 declaration, the fund, officially named the HashKey XRP Tracker Fund, is reportedly “the inaugural investment fund in Asia aimed at tracking the performance of XRP.”XRP creator Ripple is set to act as the principal investor for the fund. In a distinct X tweet, HashKey Capital indicated that the fund aspires to introduce “greater institutional capital into regulated XRP products and the wider digital asset landscape.”Intimate partnership with RippleIn another…
Altcoins might experience a revival in the second quarter of 2025 as regulations surrounding digital assets continue to enhance, according to Swiss financial institution Sygnum.In its Q2 2025 investment forecast, Sygnum stated that the ecosystem has undergone “significantly improved” regulations for cryptocurrency applications, laying the groundwork for a robust alt-sector rally in the forthcoming quarter. Nonetheless, it emphasized that “none of the favorable developments have been reflected in the prices.”In April, Bitcoin’s dominance reached its highest point in four years, indicating that cryptocurrency investors are reallocating their assets into what is perceived to be a relatively safer investment.Nevertheless, Sygnum remarked…