Web3 fund ABCDE halts new investments but focuses on existing projects, raising concerns over the crypto market's short-term focus, as co-founder Du Jun launches a new incubator, Vernal.
BMAN encourages crypto investors to persevere despite a 95% bear market.
Du Jun of ABCDE discusses the harsh truth that $50 million losses, like in the Infini Hack, are not unusual in crypto.
Bitlayer raises $11M in Series A funding led by Franklin Templeton and ABCDE, reaching a $300M valuation.
