07:31 2025-03-30
Cornerstone's second fund aims to raise $200 million by the end of the year, investing in Web3 and quantum computingCornerstone Ventures, a venture capital firm, announced that it will complete a $200 million fundraising for its second fund by the end of this year. It is reported that the fund first raised $40 million in January this year and plans to complete a $1000- $15 million fundraising in April. Cornerstone said its second fund will focus on industries such as financial services and technology markets, and will also use some of the funds to support startups operating in Web3 and quantum computing.
07:01 2025-03-30
Xu Zhengyu: The Hong Kong government is drafting amendments to family office tax relief, covering virtual assets, private lending, etcThe Secretary for Financial Services and the Treasury of Hong Kong, Hui Zhengyu, said that the complex global political and economic environment is more conducive to the family office business in Hong Kong, and the number of family offices in Hong Kong can accumulate to more than 3,000 in a short period of time. In terms of tax relief for family offices, the Hong Kong government is drafting amendments to allow tax relief for private loans, virtual assets, carbon credits, etc., and is also consid...
06:33 2025-03-30
Indian bank Axis Bank will adopt JP Morgan's blockchain payment solutionAxis Bank, one of the top five banks in India, has announced that it will use JPMorgan's Kinexys Digital Payments (formerly JPM Coin) for cross-border transfers. Unlike SWIFT payments, which are subject to bank operating hours, JP Morgan's blockchain-based bank account supports instant payments 24/7.
04:38 2025-03-30
CryptoQuant analyst: About 8,000 bitcoins that have been dormant for 5-7 years have recently been transferredCryptoQuant analyst Maartunn reports that around 8,000 bitcoins that have been dormant for five to seven years have recently been transferred, adding to the current bearish concerns about the cryptocurrency, which is said to have been transferred in a block with a value of $674 million. Generally speaking, a large amount of BTC has been transferred out of a long-term dormant state, which is usually interpreted as a signal of impending selling pressure, resulting in a sharp price correction, but ...
04:08 2025-03-30
A trader's 10x leverage ETH multiple order on Hyperliquid has lost $1.035 millionAccording to the chain analyst Ai aunt (@ai_9684xtpa) monitoring, a trader address in the Hyperliquid platform opened 10 times leverage ETH long position float serious.
The total size of the position is about 2.11 million US dollars, the opening price is 2730 US dollars, and the current loss is 1.035 million US dollars. Although the loss is large, the liquidation price is 1167.8 US dollars due to sufficient margin, which still has a large margin of safety.