Midday News Update #Web3
๐ AltLayer will assist Binance in cross-chain conversion of ALT from BEP20 to ERC20.
๐ฆ Hong Kongโs Secretary for Financial Services and the Treasury stated that only a small number of stablecoin licenses will be issued in the first phase.
โก Nasdaq-listed energy firm Nuvve plans to raise $4.8 million to build a reserve for its HYPE token.
๐ Centralized exchanges (CEX) recorded a net inflow of 577.61 BTC in the past 24 hours.
๐ Market sentiment remains high, with todayโs Fear & Greed Index at 74.