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MEXC launches $300M Web3 fund, commits to ‘strategic investment’


Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years.The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools...

MEXC launches $300M Web3 fund, commits to ‘strategic investment’


Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years.The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools...

North Carolina House passes state crypto investment bill


North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by...

North Carolina House passes state crypto investment bill


North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by...

Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk


Coinbase unleashes a game-changing Bitcoin Yield Fund, offering powerful returns with minimized risk, revolutionizing institutional crypto investing and setting a new gold standard for secure yield. Coinbase Launches Bitcoin Yield Fund, Avoiding High-Risk Loans and Call Selling Crypto exchange...

Institutions Go All-in on Solana: Nearly $1 Billion Secured This Week


This week, several institutions and venture capital firms announced purchases or investments in Solana totaling $1 billion, highlighting the token’s relevance for the wider crypto industry. GSR, Galaxy Digital, SOL Strategies, Astra Fintech, and RockawayX are behind these moves to grow the Solana...

UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend


Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions.London-based investment firm Abraxas Capital acquired 2,949 Bitcoin (BTC)...

UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend


Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions.A wallet linked to London-based investment firm Abraxas Capital acquired 2,949...

$400M Web3 investment fund ABCDE halts new investments, fundraising


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 said the $400 million fund will no longer invest in new projects...

$400M Web3 investment fund ABCDE halts new investments, fundraising


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 said the $400 million fund will no longer invest in new projects...

A16z doubles down on LayerZero with $55M investment


Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments...

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