Cryptocurrency investment firm HashKey Capital has secured $250 million in the first closing of its fourth fund, Cointelegraph reported. The fund, which has a final target of $500 million, raised capi...

Cryptocurrency investment firm HashKey Capital has secured $250 million in the first closing of its fourth fund, Cointelegraph reported. The fund, which has a final target of $500 million, raised capital from global institutions, family offices, and high-net-worth individuals. It plans to pursue a multi-strategy investment approach focused on blockchain infrastructure and projects with high scalability potential.

HashKey Capital secures $250M for fourth crypto fund

CEO ether.fi believes that neither Bitcoin nor Ethereum are currently truly high-quality currencies, however, he believes that the ultimate form of a superior currency in the future...

CEO ether.fi: Neither Bitcoin nor Ethereum are high-quality cryptocurrencies yet.

Offchain Labs – the research and development team behind Arbitrum – recently announced a further increase in its ARB Token holdings, further reinforcing its long-term investment commitment to the company...

The Arbitrum team announces the purchase of additional ARB Token , increasing its investment in the project's core operations.

This article is from Prince, co-founder of Avon.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
TL;DR
People's use of DeFi has become highly similar. The market and infrastructure are maturing, but users' mentality has gradually shifted from curiosity to caution. The reward mechanism has changed from "users bear the risks and rewards themselves" to "users wait to be rewarded," and participation behavior has gradually converged around incentives.
The Fading DeFi
DeFi gives people the feeling that...