Bitget Exchange said it is applying for a Bermuda-based crypto business license to boost its level of compliance in the global market. Up to now, Bitget has obtained MSB licenses in the United States, Canada, Australia, and completed cryptocurrency business registrations in Italy, Poland, and Lithuania. At the same time, Bitget is also actively promoting license applications and crypto business registrations in Hong Kong, the Czech Republic, Turkey, Dubai and other places.
The Bank of England has successfully tested the use of distributed ledger technology (DLT) in running large, complex interbank transactions. The Bank of England runs Project Meridian through the Bank for International Settlements (BIS) London Innovation Centre, which uses DLT to automatically coordinate the central bank's RTGS system with other financial market infrastructure and ledgers to exchange ownership of funds and assets in a resilient and secure manner.
Kingsoft Office officially released a generative artificial intelligence application with large language model capabilities, tentatively codenamed "WPS AI", which mainly includes functions such as text generation, multi-round dialogue, and editing and rewriting. "WPS AI" was first installed on Kingsoft Office's new generation of online content collaboration editing tool airPage, and will gradually open public testing in the future and embed Kingsoft Office's full line of products.
AI information aggregation interactive social information streaming media Techub.NEWS officially launched, Hong Kong Legislative Council member Ng Hon Ng, Ausvic Capital founder Chen Ping, VCB representative Li Shiyuan, MetaTdex Ventures representative Yang Jingran, Multichain Capital co-founder Alfred Xu, Web3 Hub head Wong Chun Yao, Web3 Hub ecological fund head Choi Yiu-ting, Zheng Yushan, co-founder of Waterdrop Capital, Chen Chuanyao, executive director of Xia Yan Capital, Yang Linyuan, head of Web3vision, Techub. Alma Li, head of NEWS, and other officiating guests were invited to attend. Techub.NEWS has previously completed a seed round with participation from VCB, Ausvic Capital and MetaTdex Ventures. Foresight News Note that Techub.NEWS optimizes AI hotspot recommendations through the RLHF algorithm, and adopts IPFS storage technology and NFT sales of boutique content, while integrating Web3 market quantification, UGC production and distribution, paid subscription to VIPs, DashBoard and ratings, AI chat and other sections, and also supports functions such as event release and event registration, and users can find like-minded people through online interaction.
At the "Web 3.0 Standardization Innovation Summit" in the fourth session of the "2023 Hong Kong Web3 Carnival", Legislative Council Member (Technology and Innovation Community) Yau Tat-kan of the Hong Kong Special Administrative Region delivered a keynote speech, saying that at the regulatory level, the HKMA released the consultation conclusions of the Crypto Assets and Stablecoins Discussion Paper and expects to implement the regulatory arrangements in 2023 or 2024. At the level of fiat currency tokenization, we have studied CBDC very early, and the government has taken a relatively clear position, and has adopted a three-track approach to development, and will officially launch the digital Hong Kong dollar on the third track. In addition, Bitcoin futures ETFs have been launched in Hong Kong before and have good trading volume, and there is also a lot of room for tokenization of other financial products. The Web3 standard currently being practiced and designed in Hong Kong can be used around the world. "Web3 Festival" is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, organized by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core topics of various Web3 tracks such as regulatory policies, Web3 infrastructure, and the metaverse.
In his keynote speech at the 2023 Hong Kong Web3 Carnival, Mr Ken Shin, Chief Executive Officer of Hong Kong Cyberport Management Company Limited, said that Hong Kong Cyberport can be regarded as a Web3 hub that can promote Hong Kong as an international innovation and technology hub. Our Web3 Hub aims to promote the development of the Web3 industry, unite talents and enterprises, and increase public awareness of Web3, and financial support is also an important part. In terms of talent, including the Web3 Academy program, which aims to set up a platform to promote Web3 among more practitioners. On the industry side, including a Web3 Living Lab initiative, including smart living, specific plans may be announced in Cyberport in the coming months. It's also important to let Web2 businesses and talent know how to get into Web3. In terms of financing, we hope to share information encouraging the development of Web3 enterprises in a month, and more than 140 Web3 companies have already settled in Cyberport. "Web3 Festival" is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, organized by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core topics of various Web3 tracks such as regulatory policies, Web3 infrastructure, and the metaverse.
Web3 social network Hooked Protocol, in partnership with digital asset custodian and blockchain technology provider Cobo, will further enhance the security of Hooked users' assets by deploying Cobo MPC WaaS solutions and help improve Hooked's ability to serve tens of millions of users in the future. Cobo MPC WaaS eliminates the risk of a single point of failure and protects Hooked Protocol's assets from security attacks and human error. Foresight News Note that Cobo MPC WaaS uses advanced MPC-TSS (Multi-party Secure Computing Threshold Signature) technology, which is jointly managed by multiple parties to the private key, and by implementing MPC-TSS, the private key shards are independently generated in a secure environment, encrypted and distributed to all parties, and then each party signs the transaction together without exposing their respective private key shards to each other at any time or forming a complete private key.
The proportion of pledges of protocols such as Lido is too high or affects the concept of decentralization. Foresight News message, with the theme "A Chat About Ethereum Shanghai Upgrade!" Is there a lot of selling pressure? What opportunities will it bring?" At the Twitter space event, OKLink PM Tsai said that the total amount of ETH pledged in various LSD protocols accounts for more than 40%, of which Lido accounts for more than 31%; Coinbase accounts for as much as 12% of centralized exchanges. In this regard, Tsai reminds users to pay attention to the excessive proportion of pledge ratio of head protocols such as Lido, which has an impact on the decentralized concept of ETH. According to the data of the Shanghai upgrade page of OKLink, the current Ethereum beacon chain has staked more than 18.12 million ETH, and the top three projects in terms of pledge volume are Lido (5.67 million staked, accounting for 31.31%), Coinbase (2.27 million staked, accounting for 12.53%), and Kraken (1.24 million staked, accounting for 6.89%).
El Salvador has opened a second Bitcoin embassy in Texas, USA, and what exactly the embassy will accomplish in addition to promoting Bitcoin to the public is still being determined. Foresight News Note, El Salvador opened its first Bitcoin embassy in the Swiss city of Lugano on October 28, 2022.
According to South Korean media Money Today, the First Financial Investigation Department of the South Korean Prosecutor's Office in Seoul indicted former Coinone executive Jeon of the crypto exchange on suspicion of corruption, and the suspect will be interrogated before arrest on the morning of the 10th. Jeon is accused of accepting bribes from virtual currency brokers Go and Hwang Aunt in 2020-2021 in exchange for the launch of "Kimchi Coin", one of which is suspected of bribing Jeon with the listing token, P Coin, which was featured in the recent kidnapping and murder of Gangnam in Seoul. P Coin was founded in 2020, and the main culprit, behind-the-scenes and victim of the Jiangnan kidnapping and murder case are all P Coin investors.
