Gucci and Yuga Labs Otherside-themed Fashion Collaboration
Yuga Labs partners with Gucci to create Otherside-themed jewelry — a limited-edition series of physical Gucci products and associated NFTs tied into the lore of the metaverse game.
Razer Gaming Incubator zVentures Issues Call for Web3 Submissions
Razer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for new Web3 partners and game submissions.
Blockchain Founders Capital Announces First Closing of €15M Micro Venture Capital Fund for Web3 Startups
Germany-based Blockchain Founders Capital has announced the first closing of its €15M micro venture capital fund, focusing on early-stage investments in the Web3 space. Investment came from private investors, including successful founders and experienced venture capital investors.
Crypto Evening Briefing: Hong Kong Chief Executive Emphasized That the Current Development of Web3.0 Presents a Golden Opportunity
In the face of the trend towards Web3.0, Hong Kong must be brave enough to become leaders in this wave of innovation.
Secure Multi-Party Computation
Secure multi-party computation (SMPC), sometimes referred to as secure computation, multi-party computation (MPC), or privacy-preserving computation, is a transformative cryptographic method.
Ex-chief of HKMA Heads Hong Kong’s New Web3 Institute
Norman Chan, former chief executive of the Hong Kong Monetary Authority, will head the Institute of Web 3.0 Hong Kong, a nonprofit organization established to facilitate Web3 development in the city. China Mobile International is one of the founding members of the institute, which aims to establish standards, facilitate collaboration in the industry, consult for the Hong Kong government, and develop talent in the sector. The organization will also focus on monetizing data, digitalizing traditional industries, and tokenizing assets through non-fungible tokens. Hong Kong aims to build itself into a global hub for the Web3 industry and has attracted over 80 Web3 firms to set up shop in the city.
Unveiling DetectiveGPT: A Groundbreaking 3D RPG Game With AI NPCs by City From Naught and Magipop DAO
City From Naught, a game AI company, has partnered with the Web3 creator community magipop DAO to develop a 3D detective RPG game using LLM and generative AI, allows players to delve deep into the truth by interacting freely with AI NPCs.
Gate.io Applies for Licenses with Hong Kong Regulator; Participates in Web3 Festival 2023
Gate.io has confirmed that it is applying for multiple licenses with the Securities and Futures Commission (SFC) in Hong Kong through its Hong Kong entity, Gate Digital Limited. The licenses include a virtual asset service provider (VASP) license, as well as licenses for dealing in securities and providing automated trading services for security tokens. The move is aimed at improving trust and confidence among its customers while maintaining compliance with regulations.
Finance Chief Backs Hong Kong’s Investment in Web3 Digital Economy
Hong Kong is expected to support Web3 digital economy investment in the coming years, with the Financial Secretary, Paul Chen, citing the dotcom bubble burst as an example of how innovations can help ventures survive. Hong Kong will host a two-day digital economy summit, with industry leaders from companies such as Huawei, Alibaba, and Baidu expected to attend. Chen has allocated approximately $6.4 million to the Cyberport business park to accelerate the development of the digital industry through workshops for youth and international conferences. A licensing regime is in the works in Hong Kong for Web3 to supervise actions and minimize risk, and regulations for stablecoins and cryptocurrencies will soon be implemented. Local experts agree that there is no reason to delay investments in the Web3 space and call for the government to work out policies that bring investments from abroad and developers who can set up offices in Hong Kong.
Crypto Evening Briefing: S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
The exchange said on Sunday hackers transferred the crypto assets from a hot wallet to an unidentified wallet.
