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According to Thomas Zaepffel, CEO and Co-Founder of Coliseum, the fund is designed to empower Web3 gaming leaders to “build, scale, and succeed” by combining capital with community access and industry expertise.
According to CoinGecko, CumRocket’s price spiked from $0.004 to $0.02 before stabilizing at approximately $0.008, marking a 95% gain over the past 24 hours.
The decision, announced on Wednesday, provides centralized exchanges and brokers more time to adapt to the regulations while offering temporary relief to digital asset investors concerned about potential tax increases.
This decline coincides with the delisting of USDT by several European Union-based exchanges and Coinbase. The decision was driven by compliance requirements under the EU’s Markets in Crypto-Assets (MiCA) regulations, which took full effect on December 30.
According to blockchain security firm CertiK, December saw $28.6 million in losses from exploits, hacks, and scams—less than half of November’s $63.8 million and significantly below October’s $115.8 million.
