Johnny Ng proposes a Web3 platform to enhance financial integration across Hong Kong, Macao, and Guangdong, leveraging Hong Kong’s crypto hub status despite China’s crypto restrictions. A new proposal from Johnny Ng, a delegate to China’s top political advisory body,
Ben James, the CEO of Atlas, says on The Agenda that generative AI might support the expansion of Web3 gaming and allow independent companies to make games on a tight budget. Artificial intelligence (AI) has become one of the hottest
Raising its assets to $425 million, Hack VC successfully closes $150 million for its Venture Fund 1, focusing on web3 and AI firms in their early stages. The fund intends to invest in web3-AI integration, security, and DeFi. According to
In a move towards embracing the future of technology, Japan is positioning itself at the forefront of the web3 era. Masaaki Taira and Hideto Kawasaki, prominent Japanese congress members, have expressed their intent to develop comprehensive policies for web3. This
Bitget has committed $10 million to women-led web3 startups, fostering gender diversity and inclusivity in the blockchain industry with Blockchain4Her. Bitget, a cryptocurrency exchange, allocates $10 million to invest in startups led by women in the web3 and blockchain industries.
In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has been linked to the Lazarus Group, believed to be connected to North Korea. This information emerges
As we approach the end of 2023, the web3 ecosystem continues to evolve, marked by significant developments and emerging trends. One of the most prominent trends of 2023 has been the significant shift in the web3 gaming sector. Moving beyond
The Ministry of Science and Technology in China has introduced a web3 strategy that embraces the development of new business models, focusing on non-fungible tokens (NFTs). Despite China’s ban on cryptocurrencies, this strategy underscores the government’s responsibility to the web3
Game7’s State of Web3 Gaming 2023 report reveals Asia-Pacific’s lead in game development and the U.S.’s dominance in funding, offering a deep dive into the evolving landscape of blockchain-based gaming. The report, led by George Isichos and Steven Chen from
South Korea’s Ministry of Science has announced a $21 million investment into local services for the metaverse. The news follows the establishment of a $30 million metaverse fund aimed at helping start-ups expand their businesses, reports Forkast. The investment of
Interest in the metaverse exploded when Facebook founder Mark Zuckerberg changed the name of the social media company to “Meta” in 2021, a rebrand that focused on building the metaverse. Since then, a lot has happened in the space. MetaNews
Abu Dhabi-based Venom Foundation announced on Tuesday the launch of a $1 billion venture capital fund aimed at investing in blockchain start-ups including web3 decentralized applications, or dApps, and metaverse projects. Venom Ventures Fund said it will prioritize projects “focused
ABOUT US
and then