Standard Chartered’s Hong Kong arm and Animoca Brands have launched a joint venture, Anchorpoint Financial, to develop a licensed Hong Kong dollar stablecoin.
Web3 News
Web3, the next evolutionary step in internet technology, is revolutionizing the digital landscape. Unlike its predecessor, Web3 operates on decentralized principles, reshaping how users interact with online content. This paradigm shift from the traditional, centralized internet to a decentralized one is driven by innovative Web3 technologies, such as blockchain and smart contracts. These technologies empower users by eliminating intermediaries and granting them control over their data and digital assets.
In the realm of Web3, trust is established through cryptographic algorithms, ensuring secure transactions and interactions. Smart contracts — self-executing agreements written in code — automate processes without the need for intermediaries, enhancing efficiency and reducing costs. Web3 fosters a user-centric internet experience, where individuals own their data, enabling seamless and secure peer-to-peer transactions.
This decentralized internet empowers creators, consumers and businesses alike, promoting transparency, security and privacy. Web3’s disruptive potential extends across various sectors, including finance, gaming and content creation, promising a future where individuals have greater control and ownership over their online presence and interactions.
- News859
- News
Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain traction.
5926 - News
Tokenized stocks are nearing an inflection point that may lead to a $1.3 trillion market opportunity, according to Binance Research.
8361 - News
Apex Fusion will debut Vector, a Cardano-aligned blockchain that claims instant finality and 10x transaction speed, at Rare Evo on Saturday.
4219 - News
Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails.
5604 - Explained
Switzerland’s fully open LLM merges transparency, sustainability and Web3 utility designed for research, DeFi and AI compliance.
- News
Coinbase plans to raise over $2 billion in a dual-tranche offering to fund future investments and stock buybacks.
13142 - Spotlight
Designed to restore user ownership, privacy and freedom, the upcoming decentralized social platform is taking aim at the control of Web2 while bringing usability to Web3.
19987 - News
CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said.
5742 - Spotlight
TON projects unveil roadmap fusing viral gaming, onchain charity and Telegram reach into a sustainable crypto model.
17780 - News
Hyperliquid’s rapid response may boost confidence in decentralized trading platforms, which are gaining market share.
2958 - News
Profit-taking broke a 15-week winning streak of global cryptocurrency ETPs last week after hawkish remarks that followed last week’s US Fed rate decision.
6550 - News
Carving out clear jurisdictions for the SEC and CFTC may ease investor concerns over ambiguous securities laws.
8767 - Recap
With gas-free USDT transfers, deep exchange integrations and over $600B in monthly stablecoin volume, the blockchain powers real-world adoption.
25104 - Recap
Crypto fraud is evolving fast. Crystal Intelligence is on the frontlines, using blockchain analytics and cross-border coordination to detect and disrupt increasingly sophisticated scam networks.
17885