ChainCatcher news, Yala stated on the X platform that all native BTC in institutional mode will be withdrawn from the Yala protocol.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
$100B in 400 Days: How Bitcoin ETFs Changed the ETF Industry
_BlackRock’s IBIT hit $100B in 400 days, the fastest ETF growth, reshaping markets with record inflows and strong options liquidity._
Bitcoin exchange-traded funds have reached a new milestone as BlackRock’s iShares Bitcoin Trust ($IBIT) crossed $100 billion in assets in about 400 days.
The
LiveBTCNews2m ago
Analyst Warns of Upcoming Crypto Storm as Bitcoin and Silver Show New Weakness
Fresh caution has entered the crypto conversation, and a post from an X user known as Crypto Chiefpriest also reflects it. In the tweet, the analyst pointed to rising instability across major markets. His alert centers on Bitcoin, silver, and broader risk assets that now display fragile price b
CaptainAltcoin2m ago
UBS increases BTC exposure by 300% through IBIT
Odaily Planet Daily reports that the banking giant UBS, with an asset management scale of $7 trillion, has increased its BTC exposure through IBIT by 300%. This Swiss largest bank is expanding its presence in the cryptocurrency sector. (The Bitcoin Historian)
GateNewsBot33m ago
Jack Dorsey’s Cash App Cuts Fees to Boost Bitcoin Stacking
_Cash App drops fees on Bitcoin buys over $2,000 and recurring BTC purchases, cutting costs for users stacking through dollar-cost averaging._
Jack Dorsey’s Cash App has removed fees on large Bitcoin purchases and recurring BTC buys, as the company expands its crypto strategy.
The update
LiveBTCNews37m ago