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China Daily: Beijing-Hong Kong Internet Web3.0 Digital Industry Cooperation Is a Milestone

China Daily published an article today titled "Exploring Web3.0 in Hong Kong and Beijing: A Dual Integration of Innovation and Opportunity". The article pointed out that as two iconic cities, Hong Kong and Beijing are actively embracing Web3.0. The cooperation between Beijing and Hong Kong in the construction of the Internet 3.0 digital industry has been launched at the Beijing Internet 3.0 Innovation and Ecological Development Conference, jointly building the future Web3Hub (Web3.0 Fund) digital center.

Microsoft's global head of Web3 development joins zkSync developer Matter Labs

According to The Block, Vassilis Tziokas, Global Head of Web3 and AI Business Development at Microsoft, has joined Matter Labs, the developer of zkSync. He previously worked at Microsoft for eight years.

Bitrace: Be careful of the counterparty address of a good number

Bitrace issued a warning that if your trading partner's address is a "pretty number," you should be careful. The main audience for pretty numbers in the Tron network is online gambling platforms, especially during the period when hash-based gambling was popular. Pretty numbers were often used for their business addresses. Bitrace's analysts discovered this group of addresses while investigating a case, and it seems that he really likes pretty numbers. Ordinary investors and web3 institutions should be vigilant about this financial risk.

Particle Network has open sourced ERC-4337 AA Bundler, supporting functions such as Gas-free transactions and password-less login.

Web3 middleware platform Particle Network announced the open source of ERC-4337 AA Bundler, providing high performance and stability, supporting developers to build ERC-4337 AA applications. The tool includes features such as gas-free transactions and password-free login. It is reported that the Particle AA Bundler aims to promote the large-scale adoption of smart accounts, with high performance, high stability and configurable flexibility.

Web3 Foundation Completes 19th Grant Round

Web3 Foundation has recently completed its 19th round of grants, investing over 1.1 million US dollars in 33 different projects under the Web3 Foundation Grant Program. This wave saw a total of 100 applications submitted, setting a new record in over two years. The foundation highlighted the handling of the 600th grant and the 1000th milestone during this period. The thriving Polkadot developer community currently ranks second globally, only behind Ethereum.
NFT

Hang Seng Bank in Hong Kong: It Launched the NFT Wallet “HS3” Earlier This Year

Hong Kong financial giant Hang Seng Bank stated that it will actively pay attention to the development of Web 3.0 and the virtual asset market to explore financial innovation. Hang Seng announced that it opened a Hang Seng Bank metaverse branch in the virtual world The Sandbox's MetaGreen earlier this year. In addition, Hang Seng Bank also revealed that it launched the first NFT wallet for customer use in the Hong Kong retail banking industry, "HS3," earlier this year. 

The Urgent Need for Collaboration Among Web 3.0's Leading Blockchain Ecosystems

Despite sharing principles, the Web 3.0 industry has become a competitive arena where projects operate independently, leading to liquidity fragmentation and security risks. The lack of collaboration and communication among leading blockchain ecosystems has resulted in a lack of congruency.
NFT

Web3 Creator Innovation Company Transient Labs Launches New “Shatter” NFT Smart Contract Shatter Contract

Web3 creator innovation company Transient Labs officially announced the launch of a new smart contract "Shatter Contract", aimed at reshaping the NFT collection model. Artists can cast real-world works as 1/1 digital artworks and set a limit on the number of versions of the work. Then the original digital work will be "shattered" and destroyed, and the preset number of NFT versions will be airdropped into the collector's wallet.

French Crypto Firm Coinhouse Cuts 15% of Workforce Amid Reduced Enthusiasm for Web3 and Bear Market

French crypto broker Coinhouse has announced a 15% reduction in its workforce, with 10 employees laid off. The company cited reduced enthusiasm for Web3 and a fragile global economic environment as reasons for the cuts. Coinhouse is one of the first entities to secure registration as a digital asset service provider from the French Financial Markets Authority. The move follows similar layoffs at Ledger and NFT creator Yuga Labs, and comes amid a bear market for cryptocurrencies.

Unlocking the Potential of Indonesia's Thriving Web3 Market

CrossAngle, the company behind Xangle, a crypto data intelligence platform, has released a comprehensive report on Indonesia's Web3 market in collaboration with Tiger Research. The report provides an in-depth analysis of various aspects of Indonesia's Web3 landscape, including the market overview, Web3 infrastructure ecosystem, cryptocurrency exchanges, and NFTs.