Du Jun, co-founder of ABCDE, announced that ABCDE has stopped new investments and suspended fundraising for its second fund. The team will continue to support existing projects and manage exits to honor commitments to entrepreneurs and LPs. He also introduced a new incubator brand, Vernal, with details on shareholders, rules, and the first batch of projects to be revealed in May. — link : Wu Blockchain News
X (formerly Twitter)
Du Jun (@DujunX) on X
最近陆续有朋友来问我关于 ABCDE 的情况，借这个机会做一个统一回复，也感谢大家的关心。
ABCDE 目前已正式停止新项目投资，并中止二期基金的募资计划。原团队仍将继续负责现有项目的投后支持和退出安排，确保对创业者和 LP 的承诺能够被认真履行。
ABCDE 目前已正式停止新项目投资，并中止二期基金的募资计划。原团队仍将继续负责现有项目的投后支持和退出安排，确保对创业者和 LP 的承诺能够被认真履行。
The Bank for International Settlements (BIS) released a report saying that cryptocurrencies and DeFi have reached a "critical mass" and have begun to pose potential risks to the traditional financial system, which may exacerbate the gap between the rich and the poor. It is recommended to promote DeFi to include KYC, information disclosure and other compliance frameworks. — link : Wu Blockchain News
Ledger Insights
BIS explores stability risks of DeFi, crypto as they reach “critical mass”
The week the BIS, the central bank of central banks, released a paper exploring the financial stability risks of cryptocurrencies and decentralized
Congrats to EYWA CrossCurve on winning $1M on the Meet the Drapers TV competition - 𝕏/@eywaprotocol : Leviathan News
Resupply passes $100MM TVL in under one month of launch - 𝕏/@MrKKhann
🏷️ Resupplysupply : Leviathan News
🏷️ Resupplysupply : Leviathan News
JUST IN: 🇯🇵🇺🇸 Japan looks to ease import rules for American cars. : Watcher Guru
Uniswap founder Hayden Adams weighed in on the Ethereum scaling debate, saying that if Ethereum ultimately relies on Layer 1 to support DeFi, Solana may have a stronger roadmap, team, and scaling model. He argued Ethereum should stick to its rollup-centric L2 scaling strategy, pursued over the past five years, and criticized the community for constantly shifting narratives. — link : Wu Blockchain News
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Bitget Bot is suspected to have a malfunction. The 24-hour trading volume of VOXEL/USDT contracts exceeds that of BTC. The Bitget responded that it has noticed the relevant abnormal trading behavior and is investigating. Some users may be restricted due to risk control measures. The 24-hour trading volume of VOXEL contracts reached $12.719 billion, far exceeding BTC's $4.764 billion. — link : Wu Blockchain News
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Asia's weekly TOP10 crypto news (Apr 14 to Apr 20) The Russian Ministry of Finance Recommends Developing Its Domestic Stablecoin, South Korea Blocks 14 Cryptocurrency Exchanges on the Apple App Store, OSL Assists Huaxia Fund in Launching Hong Kong’s First Physical Ethereum Staking ETF and more — link : Wu Blockchain News
Substack
Asia's weekly TOP10 crypto news (Apr 14 to Apr 20)
The People’s Court of Heze Economic Development Zone in Shandong Province recently heard a case of “frauding foreigners” telecommunications fraud involving virtual currencies targeting Indians.
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Bitget announced that some users’ suspected market manipulation during this period triggered the risk control system, and the trading, deposit and withdrawal functions of the relevant accounts have been temporarily suspended; the accounts involved in abnormal transactions will be rolled back within the next 24 hours. Bitget’s announcement has caused great controversy in the community. — link : Wu Blockchain News
Bitget
Notice on Abnormal Trading of VOXELUSDT Perpetual Futures | Bitget Support Center
Between 8:00 and 8:30 (UTC) on April 20, 2025, Bitget detected abnormal trading activity in the VOXELUSDT perpetual futures, with unusual volume and p...
The New York Times publishes an anti-crypto opinion piece by ex-SEC official John Reed Stark, who advocated for Biden's harsh clamp downs on the industry. - 𝕏/@laurashin
🏷️ FTX, X, NYTT : Leviathan News
🏷️ FTX, X, NYTT : Leviathan News