Global #web3

Hong Kong is making strides to position itself as a leading global hub for cryptocurrency, yet the city faces calls for faster regulatory action from industry leaders.

Circle Internet Financial, the issuer of the prominent USD Coin (USDC), is taking major strides to bolster its position in the global financial landscape. The company has announced the relocation of its global headquarters to New York City’s One World Trade Center, a move that underscores its commitment to growth and innovation.

Trust Wallet, the decentralized crypto wallet backed by former Binance CEO Changpeng Zhao (CZ), is experiencing notable growth, particularly in developing regions such as Africa and South Asia.

On August 29, 2024, Osaka Governor Yoshimura Hirofumi delivered a dynamic video message at the international Web3 conference "WebX," organized by CoinPost Co., Ltd. and hosted by the WebX Executive Committee.

On August 28, 2024, the highly anticipated international Web3 conference, "WebX," commenced in Japan. Organized by CoinPost Co., Ltd. and hosted by the WebX Executive Committee

On Wednesday, Japan’s Prime Minister Fumio Kishida highlighted the crucial role of Web3 and blockchain technology in addressing societal issues during his video address at the opening ceremony of WebX 2024.

In a significant development for Web3 technologies, Myco has announced a strategic partnership with Aptos, aimed at decentralizing digital streaming. As part of this collaboration, Myco will migrate its infrastructure to the Aptos blockchain and introduce its native utility token in early Q4 of this year.

In a dramatic instance of Web3 vulnerability, a phishing attack has resulted in the theft of more than $55 million in crypto assets. The attack, attributed to an individual or group operating under the alias Fake_Phishing187019, involved the minting and laundering of 55,473,618 Dai (DAI) tokens.

As Web3 games gain momentum, OKX is leading the charge with the launch of OKX GameSphere, a platform designed to support the crypto gaming ecosystem. This new initiative aims to fill the void left by traditional platforms like Steam, which, despite its success in the Web2 era, has yet to integrate Web3 elements such as NFTs and cryptocurrencies.

In a significant development for the crypto and Web3 communities, Telegram has launched a new in-app browser designed to support decentralized websites, known as “TON Sites.”

Avail, a blockchain project focused on scalability, has officially launched its data availability (DA) mainnet alongside its native AVAIL token.

Aptos blockchain takes a step towards smoother user onboarding in the decentralized world (Web3) with the launch of Aptos Connect.