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