Gate Group, a leading cryptocurrency exchange, has announced its participation in the first-ever Hong Kong Web3 Festival 2023, scheduled to take place at the Hong Kong Convention and Exhibition Centre (HKCEC) from April 12 to 15, 2023. The company...
The Global Shipping Business Network (GSBN) is a Hong Kong-based non-profit organization that considers blockchain technology as a critical tool for the future of logistics. GSBN operates a blockchain platform for trade applications that can be seen as an...
Japan has expressed support for OpenAI amidst a sea of restrictions by several nations and uncertainties for the artificial intelligence (AI) startup. On April 10, 2023, Hirokazu Matsuno, chief cabinet secretary, stated that Japan would consider integrating AI technology,...
Attorney Jeremy Hogan has suggested that the U.S. Securities and Exchange Commission (SEC) has failed to successfully argue in court that XRP should be classified as a security. In a series of tweets posted on April 9, 2023, Hogan...
Hong Kong's Financial Secretary, Paul Chan, has suggested that despite the volatility of the cryptocurrency market, it is the "perfect time" for the city to advance Web3. In his blog post on April 9, 2023, Chan stated that third-generation...
Solana, a Web3 infrastructure platform, has announced a new feature that reduces the cost of building user-first Web3 projects. The new feature, state compression technology, allows developers to store data directly on-chain at a significantly reduced cost. Solana has...
Bitget, a leading platform for crypto derivatives and copy trading, has announced the launch of the Bitget Web3 Fund with an initial investment of $100 million during the Hong Kong Blockchain Week. This fund aims to invest in Web3-friendly...
Blockchain analytics company, Glassnode, released a report on April 9, 2023, revealing a slight decrease in Ethereum staking deposits in recent weeks and attributed this to the upcoming Shapella upgrade and increased regulatory pressure. The report noted that Lido's...
CoinGecko, a cryptocurrency analysis platform, recently released the results of a poll that sheds light on the behaviour of non-fungible token (NFT) holders. The report, published on April 6, 2023, shows that the majority of NFT holders own 51...
On April 6, 2023, the UK's Financial Conduct Authority (FCA) and Advertising Standards Authority (ASA) released a joint statement warning financial influencers, known as "finfluencers," about promoting fraudulent investment schemes on social media. Cryptocurrencies and non-fungible tokens were explicitly...
