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According to Foresight News, Steven 'Seven' Waterhouse, a former partner at cryptocurrency investment firm Pantera Capital, is reportedly in the process of raising $50 million for a new fund.
According to Odaily, on April 19, 2024, the China Securities Regulatory Commission (CSRC) announced five measures to strengthen the capital market cooperation with Hong Kong
Sky DAO is discussing the reduction of the Smart Burn Engine activity, which would effectively reduce the rate of SKY token buybacks from around 1 million USDS to 400,000 USDS per day.
SUI jumped on the news, currently trading at $2.34. While the token is up over 52% over the past 12 months, zooming into the past month, it is down about 31%.