South Korea Invests in Metaverse Fund for Economic Growth

The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support the mergers and acquisitions of various firms in the metaverse ecosystem and help domestic metaverse-related companies compete with global players, as the government sees the metaverse as a new economic growth engine. (Read More)

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DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source

“The project will find it very difficult to raise with the current token given its value,” he said, referring to the MTA token, which at 2 cents is down 93% in a year. He continued: “The protocol isn’t earning enough from its products to self-sustain; and the [decentralized autonomous organization’s] runway is continuing to decrease [...]

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2025 will be the year of crypto consolidation co-founder of EARN'M

"A lot of the projects that have done the best [in 2024] have been meme token projects," EARN'M co-founder Dan Novaes told Cointelegraph.

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