ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. ABCDE Capital has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." ABCDE is a Web3 builder fund co-founded by Huobi co-founder Du Jun and Metropolis Capital founder BMAN, with a scale of 400 million dollars.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, and a total of five lists have been released, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, a one-stop digital asset service platform, Hong Kong listed company New Hope Technology Holdings Limited (stock code: 1611.HK, "New Hope Technology SINOHOPE") officially held its 2023 Annual Partner Conference at The Ritz-Carlton, Hong Kong.At the event, Du Jun, Executive Director and CEO of New Hope Technology SINOHOPE, announced that in 2024, New Hope Technology SINOHOPE will offer the basic version of the MPC wallet for free to small and medium-sized enterprises (SMEs). Du Jun stated that New Hope Technology SINOHOPE has always been committed to building a compliant, safe, and efficient infrastructure for the industry, so that SMEs can run faster by standing on the shoulders of New Hope Technology SINOHOPE."In 2023, the greatest investment of New Hope Technology SINOHOPE in product research and development has been in the MPC custody product, which leads in terms of security, quality, and experience. In 2024, we have decided to offer the basic version for free to eligible SMEs, allowing them to integrate with one click and combine flexibly. In the future, New Hope Technology SINOHOPE will continue to launch more foundational products to empower SMEs," Du Jun shared.

ChainCatcher news, SINOHOPE Executive Director and CEO Du Jun believes that the approval of the Bitcoin spot ETF means that Bitcoin has better compliance entry conditions. This move provides traditional investors with a more convenient and secure way to invest in Bitcoin. The Bitcoin spot ETF will continue to attract a large amount of institutional funds into the cryptocurrency market, which is not only an important sign of Bitcoin moving towards the mainstream but may also herald a new growth cycle for the cryptocurrency market.Du Jun stated that Hong Kong is the next important potential market to approve the listing and trading of Bitcoin spot ETFs after the United States. In December last year, the Hong Kong Securities and Futures Commission issued a circular regarding the recognition of funds investing in virtual assets and stated that it is "ready to accept applications for the recognition of virtual asset spot ETFs." SINOHOPE's subsidiary, SINOHOPE Asset Management, is preparing the relevant ETF application work.As a local Web3 listed company deeply rooted in Hong Kong, SINOHOPE is a leading global one-stop digital asset service platform with a compliance first-mover advantage. In the future, it will continue to leverage its years of accumulated experience in virtual asset fund management to contribute to the successful listing of virtual asset spot ETFs in Hong Kong.

ChainCatcher news, Du Jun, CEO and Executive Director of New Fire Technology, stated on social media that he is ready to deeply participate in the Bitcoin ecosystem construction, with a preferred track of Layer 2.On the day the project goes live, 50 million U or an equivalent Bitcoin address will be announced, specifically for the development of this project.

ChainCatcher news, Du Jun, co-founder of ABCDE Capital, stated on social media that a new laboratory will be established soon, focusing on investment incubation related to AI data and scenarios, with a funding scale of 100 million dollars.

ChainCatcher message, according to Lookonchain monitoring, a suspected Du Jun address deposited 10 million USDT into Kraken 5 hours ago through the address "0x946D".

ChainCatcher news, according to The Block, Du Jun purchased 10 million CRV from Curve founder Michael Egorov for $4 million. Du Jun also stated that these tokens will be locked for at least a year and hopes for the continued success of Curve.

ChainCatcher news, New Fire Technology announced that it has signed a new share subscription agreement with Du Jun and On Chain (controlled by Zhong Gengfa, the founder of ChainUP). Du Jun's total subscription price is HKD 155 million, accounting for 24.18% of the issued shares, and after the subscription is completed, the proportion will be 19.47%. On Chain's total subscription price is HKD 171 million, accounting for 26.64% of the issued shares, and after the subscription is completed, the proportion will be 21.03%. The total amounts to HKD 326 million, which will be paid in cash upon the fulfillment of the conditions precedent.

ChainCatcher news, Du Jun, Executive Director and CEO of New Fire Technology, tweeted, "New Fire Technology is a publicly listed company in Hong Kong, regulated by the Hong Kong Securities and Futures Commission. All information will be released through announcements, including but not limited to business operations, financial revenue, and executive information. If anyone wishes to learn more about New Fire Technology, please check the official website of the Hong Kong Stock Exchange directly." (source link)

ChainCatcher news, New Fire Technology announced that Wu Shupeng has resigned as Executive Director and Chief Executive Officer, and Du Jun has been appointed as the company's Executive Director and Chief Executive Officer.It is reported that New Fire Technology is the former Huobi Technology, a Hong Kong-listed company of Huobi. After Li Lin sold the Huobi exchange to Sun Yuchen, Huobi Technology has not been sold yet. (Source link)

ChainCatcher news, Huobi co-founder Du Jun stated that many people ask me why Bitcoin and Ethereum have dropped so much, while blue-chip NFTs have not collapsed?Unified response: Lack of liquidity, which is commonly referred to as having value but no market. I am optimistic about products that can solve NFT liquidity. (Source link)

ChainCatcher news, Huobi co-founder Du Jun tweeted, "FTX has withdrawn over $6 billion in liquidity from the market in the past week. Those lending institutions that provided credit to Alameda and the centralized platforms that have had their liquidity withdrawn by FTX are in jeopardy. Protect your assets and do not pay for others' mistakes." (source link)

ChainCatcher news, Huobi co-founder Du Jun tweeted, "Support the argument, only by exposing each other's shortcomings and supervising each other can the assets of centralized institutions become more transparent, and the interests of retail investors can be relatively protected, leading to healthier industry development."In addition, he added, "This war between CZ and Sam, if it can lead centralized institutions to implement 100% reserves or other measures to promote asset transparency, would be very beneficial for the development of the entire Crypto industry. Government regulatory agencies would also be happy to see everyone form industry self-discipline, rather than a chaotic situation where investors' interests are not reasonably protected, and in the end, when the regulatory hammer falls, everyone suffers." (source link)

Chain Catcher news, the controlling shareholder of Huobi Global, Baidu Capital Fund Manager, has decided to establish a Global Advisory Committee. Ted Chen (Chen Yihua), founder of Baidu Capital and former founding partner of Jinglin Asset, Huobi Global co-founder Du Jun, Vice President of Hong Kong University of Science and Technology Wang Yang, founder of Tron Sun Yuchen, and co-founder of Valkyrie Investments Leah Wald will serve as members of this advisory committee.Previous news, the controlling shareholder of Huobi has completed the share sale, and the merger and acquisition fund under Baidu Capital has become the actual controller. Huobi founder Li Lin stated that he is no longer the actual controller or shareholder and does not hold any authority. (Source link)