Nervos Collaborates with CMB International, launch $50M blockchain, DeFi and NFT fund
China’s leading blockchain network to fund startups willing to develop on it. The Nervos Foundation has declared the launch of a fund in partner with CMB International, an entirely claimed auxiliary of China Merchants Bank. The $50 million fund named “InNervation” will be utilized to make early investment in new businesses that are building blockchain-based […]
Bitcoin’s Obstacles Mount Amid China Cryptocurrency Warning
Bitcoin and other major cryptocurrencies slumped after the People’s Bank of China conveyed a statement reiterating that digital tokens can’t be used as a form of payment. The largest token fell as much as 7.3% to $40,139 in Asia on Wednesday, continuing a weeklong slide sparked by Elon Musk’s back-and-forth comments on Tesla Inc.’s holdings […]