#slw hhhhhhh

Annika Rose - Listening Room World – Invest in Music

The Music NFT space is novel in itself. It’s a net new ecosystem where artists take their creativity beyond the art. This community has attracted some of the most forward-thinking artists who continually try out new things.

Read the full entry

According to Foresight News, Guofu Innovation announced on March 27 that its board of directors has approved a budget of HKD 5 million for investments in cryptocurrency and virtual asset funds over the next year. The budget will primarily be used for purchasing cryptocurrencies, mainly Bitcoin, on regulated and licensed trading platforms, and for subscribing to compliant virtual asset funds in Hong Kong. These funds have managers approved to engage in Type 9 regulated activities under the Securities and Futures Ordinance and are authorized to invest more than 10% of their total asset value in virtual assets or indirectly in virtual asset funds.

The board believes that investing in the cryptocurrency and virtual asset sector aligns with the group's strategic goals of actively deploying in the Web3 business domain. This will enable the group to better adapt to the constantly changing market conditions and facilitate its business transformation from traditional finance to innovative finance and technology finance. Cryptocurrencies still have ample room for appreciation, and allocating part of the financial resources to cryptocurrencies at this time can help diversify the risk of holding cash in the group's capital management, thereby addressing the risks of exchange rate fluctuations and currency depreciation of the Hong Kong dollar and US dollar it holds.

According to BlockBeats, a trader spent 178.2 SOL (approximately $35,000) to purchase 44.1 billion MEW tokens about two hours ago. Currently, the 44.1 billion MEW tokens are valued at $8.9 million, with an unrealized profit of approximately $8.89 million, resulting in a 255x return on investment.