The Establishment of ViaBTC Capital Renovates the Blockchain Investment Ecosystem - Financial Post | Canada News Media
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The Establishment of ViaBTC Capital Renovates the Blockchain Investment Ecosystem – Financial Post

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HONG KONG — On August 6, 18:30 (UTC+8), the official website of ViaBTC Capital, ViaBTC’s new subsidiary, went live, which also marked the official establishment of the newly initiated platform. At the same time, soon as it was incorporated, ViaBTC Capital has launched its first round of venture capital funds towards the global crypto industry, committed to building an investment ecosystem integrating capital, resources and post-investment services.

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After Five Years of Practice, We Focus on Becoming the Infrastructure Provider for the Blockchain Industry

Founded in May 2016, ViaBTC Group is an innovative technology company with rich experience in technology development and global operation in the blockchain field. In order to better focus on the development of the blockchain industry and the incubation of the star projects in the crypto world, the group incorporates global resources to establish a wholly-owned investment brand – ViaBTC Capital.

Over the past five years, ViaBTC Group has closely kept up with the constantly upgrading industry, while continuously constructing and improving its ecosystem layout to integrate functions including cryptocurrency issuance, circulation, application, value discovery, and the underlying technical architecture of the blockchain into its system. With its own technical strength, ViaBTC Group has always adhered to its motto of “making the world a better place through the blockchain.” And today, it has become a trustworthy blockchain company with four core parts of the business: ViaBTC Pool, CoinEx Exchange, ViaWallet and CoinEx Smart Chain.

On the technical side, ViaBTC Group has built an elite team packed with experienced and mature professionals to offer technical guidance for ViaBTC Capital’s clients. Group founder Haipo Yang, also the team leader, boasts profound technical strength and industry experience, and has independently completed the development and deployment of ViaBTC Pool. Other core team members are from world-renowned Internet and financial companies, many of whom are the earliest crypto practitioners and investors who are more than knowledgeable in the company’s business aspects. Such a strong team has laid a solid foundation for ViaBTC Capital’s business strength, insights, technical capabilities and industry resources.

Setting Foot in the Cryptocurrency Investment Industry, ViaBTC Capital Opens a New Business Chapter

ViaBTC Capital is determined to become a world-class blockchain investment institution, aims to gather and integrate the global resources under ViaBTC’s management, build the blockchain ecosystem by means of investment, and bring high-quality concept designs and blockchain technologies to full realization. It also aspires to become one of the most favored capitals by newly established companies and fund seekers in the blockchain world, providing not only financial support, but also technical expertise, marketing promotion services and cooperation opportunities with ViaBTC Group, to serve as a bridge between the two sides for a win-win situation.

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ViaBTC Capital mainly invests in three major technical domains including Web 3.0, Layer 2 and Dapp. Respectively, the Web 3.0 technology stack constitutes the overall framework of the blockchain industry, the Layer 2 solution is related to the current scaling inadequacy that needs to be fixed, whereas DApp will be the future development of the industry on the basis of DAO, NFT, and DeFi. Thus, the three domains will be the very core of future struggles over the blockchain ecosystem. ViaBTC Capital will invest through both the primary and secondary markets, including but not limited to the private placement and public offerings of tokens, trend investment, value investment, quantitative investment, and yield farming.

In addition to the financial support, ViaBTC also provides its clients with services including marketing support, technical guidance, access to the global investment network, and other potential opportunities and resources. With the company’s rich experience and technical maturity in the blockchain ecosystem and other fields, based on its project development experience such as in mining pools, wallets, explorers, exchanges and smart chains, ViaBTC Capital can provide senior technical guidance and support for the client’s projects. Relying on the multi-channel international media operations and the company’s global community of 500,000+ users, ViaBTC Capital assists users with reliable international marketing and promotion support. Based on its long-term close cooperation with high-quality capitals and leading companies in the industry, ViaBTC Capital can channel potential funds and resources for the clients, so as to improve the brand exposure and popularity of the projects. Last but not the least, ViaBTC Capital will also provide its users with access to CoinEx Exchange, that is to say, if a project meets ViaBTC’s standards, it will have opportunities to be listed on CoinEx as well as chances to IEO and AMM.

A Single Spark that Starts an Industrial Revolution

ViaBTC Capital will make use of its own comprehensive and diversified investments, multi-dimensional resource advantages, and the first-mover advantage of ViaBTC to break through the competition and differentiate business operation. It will focus on the early-stage start-ups in the crypto market, speed up the commercial implementation of the potential projects, increase more investment destinations in different scenarios of usage, and accelerate the growth of the entire blockchain industry.

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In the future, ViaBTC Capital will dig deeper into the market to broaden its horizons and incorporate an even bigger picture. It will never stop its exploration in the potential projects for blockchain ecosystem construction, as to continue working with all the start-up teams with innovative, enterprising spirits. From infrastructure to application projects, it will help improve the investment ecosystem and become an infrastructure provider in the blockchain field, and join hands with its partners in the creation of a better future for the cryptocurrency industry.

Official website of ViaBTC Capital: capital.viabtc.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210807005007/en/

Contacts

Yannie Chen, chenyanling@viabtc.com

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Canada’s Probate Laws: What You Need to Know about Estate Planning in 2024

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Losing a loved one is never easy, and the legal steps that follow can add even more stress to an already difficult time.

For years, families in Vancouver (and Canada in general) have struggled with a complex probate process—filled with paperwork and legal challenges.

Thankfully, recent changes to Canada’s probate laws aim to make this process simpler and easier to navigate.

Let’s unearth how these updates can simplify the process for you and your family.

What is probate?

Probate might sound complicated, but it’s simply the legal process of settling someone’s estate after death.

Here’s how it works.

  • Validating the will. The court checks if the will is legal and valid.
  • Appointing an executor. If named in the will, the executor manages the estate. If not, the court appoints someone.
  • Settling debts and taxes. The executor (and you) pays debts and taxes before anything can be given.
  • Distributing the estate. Once everything is settled, the executor distributes the remaining assets according to the will or legal rules.

Probate ensures everything is done by the book, giving you peace of mind during a difficult time.

Recent Changes in Canadian Probate Laws

Several updates to probate law in the country are making the process smoother for you and your family.

Here’s a closer look at the fundamental changes that are making a real difference.

1) Virtual witnessing of wills

Now permanent in many provinces, including British Columbia, wills can be signed and witnessed remotely through video calls.

Such a change makes estate planning more accessible, especially for those in remote areas or with limited mobility.

2) Simplified process for small estates

Smaller estates, like those under 25,000 CAD in BC, now have a faster, simplified probate process.

Fewer forms and legal steps mean less hassle for families handling modest estates.

3) Substantial compliance for wills

Courts can now approve wills with minor errors if they reflect the person’s true intentions.

This update prevents unnecessary legal challenges and ensures the deceased’s wishes are respected.

These changes help make probate less stressful and more efficient for you and other families across Canada.

The Probate Process and You: The Role of a Probate Lawyer

 

(Image: Freepik.com)

Working with a probate lawyer in Vancouver can significantly simplify the probate process, especially given the city’s complex legal landscape.

Here’s how they can help.

Navigating the legal process

Probate lawyers ensure all legal steps are followed, preventing costly mistakes and ensuring the estate is managed properly.

Handling paperwork and deadlines

They manage all the paperwork and court deadlines, taking the burden off of you during this difficult time.

Resolving disputes

If conflicts arise, probate lawyers resolve them, avoiding legal battles.

Providing you peace of mind

With a probate lawyer’s expertise, you can trust that the estate is being handled efficiently and according to the law.

With a skilled probate lawyer, you can ensure the entire process is smooth and stress-free.

Why These Changes Matter

The updates to probate law make a big difference for Canadian families. Here’s why.

  • Less stress for you. Simplified processes mean you can focus on grieving, not paperwork.
  • Faster estate settlements. Estates are settled more quickly, so beneficiaries don’t face long delays.
  • Fewer disputes. Courts can now honor will with minor errors, reducing family conflicts.
  • Accessible for everyone. Virtual witnessing and easier rules for small estates make probate more accessible for everyone, no matter where you live.

With these changes, probate becomes smoother and more manageable for you and your family.

How to Prepare for the Probate Process

Even with the recent changes, being prepared makes probate smoother. Here are a few steps to help you prepare.

  1. Create a will. Ensure a valid will is in place to avoid complications.
  2. Choose an executor. Pick someone responsible for managing the estate and discuss their role with them.
  3. Organize documents. Keep key financial and legal documents in one place for easy access.
  4. Talk to your family. Have open conversations with your family to prevent future misunderstandings.
  5. Get legal advice. Consult with a probate lawyer to ensure everything is legally sound and up-to-date.

These simple steps make the probate process easier for everyone involved.

Wrapping Up: Making Probate Easier in Vancouver

Recent updates in probate law are simplifying the process for families, from virtual witnessing to easier estate rules. These reforms are designed to ease the burden, helping you focus on what matters—grieving and respecting your dead loved ones’ final wishes.

Despite these changes, it’s best to consult a probate lawyer to ensure you can manage everything properly. Remember, they’re here to help you during this difficult time.

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Economy

Energy stocks help lift S&P/TSX composite, U.S. stock markets also up

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TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.

The S&P/TSX composite index was up 34.91 points at 23,736.98.

In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.

The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.

The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.

The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.

This report by The Canadian Press was first published Sept. 17, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX gains almost 100 points, U.S. markets also higher ahead of rate decision

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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets climbed to their best week of the year.

“It’s been almost a complete opposite or retracement of what we saw last week,” said Philip Petursson, chief investment strategist at IG Wealth Management.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

While last week saw a “healthy” pullback on weaker economic data, this week investors appeared to be buying the dip and hoping the central bank “comes to the rescue,” said Petursson.

Next week, the U.S. Federal Reserve is widely expected to cut its key interest rate for the first time in several years after it significantly hiked it to fight inflation.

But the magnitude of that first cut has been the subject of debate, and the market appears split on whether the cut will be a quarter of a percentage point or a larger half-point reduction.

Petursson thinks it’s clear the smaller cut is coming. Economic data recently hasn’t been great, but it hasn’t been that bad either, he said — and inflation may have come down significantly, but it’s not defeated just yet.

“I think they’re going to be very steady,” he said, with one small cut at each of their three decisions scheduled for the rest of 2024, and more into 2025.

“I don’t think there’s a sense of urgency on the part of the Fed that they have to do something immediately.

A larger cut could also send the wrong message to the markets, added Petursson: that the Fed made a mistake in waiting this long to cut, or that it’s seeing concerning signs in the economy.

It would also be “counter to what they’ve signaled,” he said.

More important than the cut — other than the new tone it sets — will be what Fed chair Jerome Powell has to say, according to Petursson.

“That’s going to be more important than the size of the cut itself,” he said.

In Canada, where the central bank has already cut three times, Petursson expects two more before the year is through.

“Here, the labour situation is worse than what we see in the United States,” he said.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

— With files from The Associated Press

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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