Dune data: OKX Web3 wallet Ordinals transaction volume accounts for over 64%, temporarily ranking first in the industry
According to Dune data on November 3rd, on November 2nd, there was a surge in Bitcoin Ordinals transactions. Among them, the OKX Web3 wallet had a daily trading volume of over 2.35 million USDT, with a market share of 64.2% and a transaction volume share of 46.7%.
Venture capital firm Ex/Ante has completed US$33 million in fundraising and will focus on investing in Web3 and other fields
Ex/Ante, a venture capital firm, announced that it has raised $33 million, with participation from Cendana Capital, a16z co-founder Marc Andreessen, Ford Foundation, and Union Square Ventures. The fund will mainly focus on investments in Web3, privacy security, artificial intelligence, digital identity and other fields. It is expected that the investment scale per project will be between $500,000 and $1 million. Currently, its investment portfolio includes self-managed encrypted wallet security layer Webacy, digital identity company Lockr, and others.
Kun KUN and HashKey have reached a comprehensive strategic cooperation to build a Web3 digital payment network to empower the industry
On November 2nd, leading enterprise-level Web3 transaction service provider Kun KUN and Hong Kong licensed virtual asset exchange HashKey Exchange officially reached a comprehensive strategic cooperation. With "Web3 Empowering Industry" as the common goal, the two parties will combine their respective advantages in compliance, technology, products, brand, etc., to provide customers with a safe, compliant, and convenient Web3 digital payment product experience.
It is reported that the enterprise-level Web3 transaction service provider Kun KUN is committed to building a new generation of global digital payment network, based on the scene to build a compliant and convenient transaction bridge between legal currency and cryptocurrency for physical enterprises. Facing the growing demand for digital payments, Kun KUN will provide a one-stop Web3.0 transaction service solution for overseas enterprise-level customers such as cross-border e-commerce, digital entertainment, overseas games, and service trade.
HashKey Exchange is one of the first licensed retail virtual asset exchanges in Hong Kong. It has been approved by the Securities and Futures Commission (SFC) of Hong Kong and holds Class 1 (Securities Trading) and Class 7 (Providing Automated Trading Services) licenses to operate a virtual asset trading platform in compliance. As the flagship business of HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certification.
Deloitte: If Hong Kong gradually establishes a Web 3.0 ecosystem, it will create new opportunities for the economy
Lv Zhihong, the head of Deloitte China's digital asset division in Hong Kong, said that last year's FinTech Week added exciting new elements, showcasing emerging technologies such as Web 3.0 and the metaverse. Different companies used FinTech Week to demonstrate new technologies and application scenarios to the industry, which has a positive impact on the future development of the industry. International financial institutions are actively expanding Web 3.0 applications to capture new opportunities for financial development. If Hong Kong gradually establishes a Web 3.0 ecosystem, it can create new opportunities for the economy. However, to promote the development of Web 3.0, it is necessary for the Special Administrative Region government to establish a cooperative relationship with international institutions and companies, attract more investment and technology cooperation, and encourage local and international companies to strengthen technology exchange and experience sharing. FinTech Week can play a role in this regard.
Secretary for the Treasury of Hong Kong: The Securities and Futures Commission will soon issue a notice on intermediaries engaged in tokenized securities activities
Odaily Planet Daily News: Hong Kong Financial Secretary Paul Chan Mo-po said at the 8th Hong Kong Fintech Week forum that the government continues to encourage Web3 innovation, and the recent crackdown on JPEX has not undermined its determination.
He said: "We have been asked many times whether JPEX will affect our determination to develop the Web3 market. The answer is obviously no."
Chan Mo-po added that the Securities and Futures Commission will soon issue a notice on intermediary agencies engaged in tokenized securities-related activities and investment products recognized by the Securities and Futures Commission.
He said that another area of concern for regulatory agencies is exploring how to expand their jurisdiction to cover virtual asset trading beyond transactions on virtual asset trading platforms.
At the same time, the Hong Kong Monetary Authority and the Financial Services and Treasury Bureau will soon publish another joint consultation on the regulatory regime for stablecoin issuers. (The Block)
VERTU's new Web3 mobile phone "METAVERTU 2" was launched at the Hong Kong Fintech Week, with the cryptocurrency wallet Value pre-loaded
luxury phone brand VERTU from the UK held a new product launch at the Hong Kong FINTECH WEEK, launching its new dual-model AI and Web3 phone METAVERTU2, which comes pre-loaded with its self-developed cryptocurrency wallet Value. Additionally, it is equipped with an App Store for users to download blockchain-related applications. It is reported that the starting price of this phone is HKD 33,100.
RaribleX: NFT Marketplace for Web2 Brands and Web3 Developers
Rarible has launched RaribleX, a turnkey NFT marketplace designed for web2 brands and web3 developers looking to enhance their digital communities. RaribleX simplifies the NFT journey for creators, developers, and their audiences, and offers features such as seamless NFT drops, deep liquidity across chains, monetization options, and a tailored brand experience. <br>
Modulus Labs completes $6.3 million in seed round financing, with participation from Variant and 1Kx
Modulus Labs, a project aimed at introducing cryptographic security into artificial intelligence, completed a $6.3 million seed round of financing, with participation from Variant and 1Kx.
The core concept of Modulus Labs is to use zero-knowledge proof to provide verification for AI systems, ensuring that AI queries remain unchanged and unaltered. This paves the way for AI to be integrated into a wider range of Web3 applications.
The Fetch.ai test network will be upgraded to version v0.11.3 and a new token NOMX will be introduced
Fetch.ai, a Web3 protocol focused on artificial intelligence, announced in a tweet that their testnet will be upgraded to v0.11.3 on November 2nd at 21:00. The upgrade will introduce a new token called NOMX and its inflation mechanism. It will also support the use of Ledger hardware wallets with fetchd CLI on macOS Ventura and higher versions.
Web3 community building platform Galxe will launch AI assistant Galxe AI
Web3 community-building platform Galxe announced the launch of Galxe AI, an interactive AI assistant that can help users understand Web3 projects. Galxe has partnered with artificial intelligence developer Alva to integrate OpenAI's GPT-3.5 Turbo into the Galxe platform, allowing users to ask chatbots various questions about network-supported projects and NFT collections. Galxe AI is scheduled to go live in December.
