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The product has previously launched on Arbitrum, Stellar, Polygon and Avalanche.

He believes the market is experiencing a “hangover” after the huge amount of money poured into the venture capital sector between 2021 and 2022. Many are simply not ready to accept the current reality.

In 2021, investors poured $33 billion into crypto startups, with companies like OpenSea and BlockFi becoming unicorns. However, Jain believes their valuations have been inflated.

He also pointed to broader market problems: many project promises remain unrealized, token prices aren’t rising, and the political situation is creating additional uncertainty. All of this creates a sense of stagnation and frustration in the market, despite previous bursts of enthusiasm and hype.

Despite this, Jain still believes in the fundamentals of the industry, noting that cryptocurrencies are one of the most cyclical markets. He added that Multicoin Capital will continue to invest his fund, but has no plans to raise new money in the near future.

Specifically, the company has registered a trust in Delaware.

The full list of exchange services is now available to all users in the country.

The politician accused Montenegrin Prime Minister Milojko Spajic of using Do Kwon’s extradition as a bargaining chip to give South Korea control of Montenegrin airports for 30 years.
Milovic claims that Spajic was initially going to give that control to France, but after the court decision to extradite Do Kwon to South Korea, he suddenly began to support South Korea.
Milovich also accuses Spayich of investing money in Terraform/Luna.

Thus, if Do Kwon is sent to South Korea, all possible connections between him and Montenegrin officials, including Spajic, can be hushed up.

Previously, Kwon was tried to be extradited several times, but the decisions kept changing.

He explained that bitcoin is more understandable for many investors, while Ethereum’s investment story is much more complicated.

He said BlackRock is actively educating customers to make ETH more attractive to a wide range of investors, but volumes in ETH will probably never be as large as BTC.

Mitchnik also noted that while the Ethereum ETF is not yet showing impressive results, the company will continue to work on promoting it, and will also work on developing DeFi and tokenization.

User accounts will be closed by December 31.

Earlier, OKX, dYdX, Paxos, Bybit and Binance left Canada.

Earlier, it was revealed that World Liberty Financial will only sell the non-transferable WLFI management token to accredited investors.

exchange.
The exchange was planning to go public on South Korea’s Kosdaq exchange in late 2023.

Samsung Securities was the manager for Bithumb’s IPO.