ChainCatcher news, Yala stated on the X platform that all native BTC in institutional mode will be withdrawn from the Yala protocol. This process is completely separate from retail investor activities and will not affect the retail investor's YU balance or redemption rights. The complete redemption plan and timeline will be announced on December 15.
In addition, Yala will release an updated roadmap outlining the next phase of development, including a shift towards AI-driven agent prediction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock Executive: If Asian asset allocation allocates only 1% to cryptocurrencies, it could bring in nearly $2 trillion in capital inflows
BlackRock iShares Asia-Pacific Head Nicholas Peach stated at the Hong Kong conference that if only 1% of traditional investment portfolios in Asia are allocated to cryptocurrencies, it could bring in nearly $2 trillion in new capital flows. He pointed out that market expectations for digital assets are changing, and some asset allocation models have already recommended adding cryptocurrencies. Meanwhile, regulatory agencies in markets like Hong Kong are promoting more crypto ETF products in hopes of encouraging capital inflows.
GateNewsBot36m ago
DCG Founder Barry Silbert: In the future, 5%–10% of Bitcoin may flow into privacy-focused cryptocurrencies
Digital Currency Group CEO Barry Silbert in New York stated that an estimated 5%-10% of Bitcoin will flow into privacy-focused cryptocurrencies like Zcash in the future, believing that financial privacy is a fundamental right and has high growth potential. As on-chain analysis tools develop, Bitcoin's "anonymous cash" image has changed, and the demand for privacy continues to grow.
GateNewsBot37m ago
Paxful fined $4 million for anti-money laundering violations, with the U.S. Department of Justice stating it profited from the flow of criminal funds
The U.S. Department of Justice has fined cryptocurrency trading platform Paxful Holdings Inc. $4 million for failing to establish effective anti-money laundering measures, allowing funds related to criminal activities to flow and profiting from it. Investigations found that Paxful was aware that some customer funds originated from illegal activities but continued to provide services.
GateNewsBot43m ago
Michael Saylor Vows Strategy Will Keep Buying Bitcoin
Michael Saylor affirmed that Strategy will not sell its bitcoin even during downturns, emphasizing a strategy of continual accumulation. He believes the firm has sufficient liquidity to cover obligations for over two years and expects bitcoin to outperform traditional markets.
Coinpedia1h ago
