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09:55
Yi Hehua: Haven't Actively Participated as a Market Maker for 19 Years, Lacks the Capacity and Energy to Drive the Project
BlockBeats News, April 16th, Liquid Capital (formerly LD Capital) founder Daniel Wang stated that it is important to admit that he is very ordinary. Whether in the traditional industry or entering the currency circle, we have always focused on primary investment and secondary trading. Although operating projects and trading platforms are very profitable, the truth is that our energy and capabilities are limited, and we can only admire and envy. He once incubated a market maker in 2018, but because the team took the profits for themselves and left the losses to us, we were battered and bruised and exited in 2019. Since then, he has not been deeply involved in market making, at most seeing some good trading teams and making some investments. Conspiracy theories are always the most popular, but I am not a Hex Warrior. Where is the ability and energy to manipulate projects? This is very clear to the trading platforms.
09:47
Digital art platform Blackdove abandons acquisition of NFT platform Foundation, ownership has been returned
Foresight News reports that the digital art platform Blackdove has announced its decision to abandon the acquisition of the NFT platform Foundation. According to the statement, the purpose of acquiring Foundation was to improve Blackdove's software infrastructure. As the acquisition progressed quickly, Blackdove conducted due diligence only after the operational transition was completed, but subsequently realized that developing its own platform was the best direction, and thus abandoned the acquisition. Foundation has now been returned to its founder Kayvon Tehranian and the foundation's team.Previously, on January 28, 2026, Blackdove announced the acquisition of Foundation. Founded in February 2021, Foundation is an NFT platform focused on high-quality digital art, known for its curatorial model, with a greater emphasis on exclusivity, artistic quality, and creator empowerment. It mainly serves digital artists and professional collectors, and has received investments from a16z, 1kx, and a certain exchange.
09:47
South Korea will pilot blockchain deposit tokens for government spending in Q4, potentially reducing transaction fees and audit requirements
ChainCatcher reports that the South Korean Ministry of Economy and Finance has announced it will launch a blockchain deposit token pilot in Sejong City in the fourth quarter of 2026, intended to replace traditional government procurement card payments.
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