Global

Hong Kong, a city known for its bustling finance scene, recently set the stage for a groundbreaking event: Ordinals Asia 2024. Held on May 10th and 11th, this conference served as a pivotal platform for exploring the burgeoning world of Ordinals – a revolutionary technology that allows users to permanently inscribe data directly onto individual Satoshis (the smallest unit of Bitcoin).

Chainlink (LINK) has experienced a significant surge, rising by nearly 19% in the past 24 hours, following the announcement of its collaboration with the Depository Trust and Clearing Corporation (DTCC), a prominent financial market infrastructure company based in the United States.

Fantom (FTM) has experienced substantial price appreciation in recent days; however, there is now speculation about a possible correction in the altcoin's value.

Tether, the creator of USDT, has utilized its treasury to generate a substantial volume of its stablecoin. According to on-chain data, Tether Treasury produced 1 billion USDT on May 16, specifically at 16:50 UTC.

Following a recent deepfake scam involving the misuse of Tesla CEO Elon Musk's image to promote a fake cryptocurrency trading platform named "Quantum AI," authorities in Hong Kong are on high alert.

Coinfest Asia sets itself apart from typical conferences with its laid-back, festival-style atmosphere. Imagine exchanging ideas and forging connections on a casual clifftop venue overlooking the stunning Balinese scenery. This unique setting fosters a more engaging and interactive experience, allowing attendees to truly connect with the Web3 community.