Hey everyone, what major news is happening in the Web3 circle today? Hurry up and copy the homework! 📝
🌟Industry Major Events
1. Boya Interactive: The Hong Kong Stock Web3 Transformation Pioneer Takes Another Bold Move
Starting from online gaming, Boya Interactive announced that it has raised over HKD 440 million through the placement of new shares, with 90% of the funds allocated for Web3 game development and infrastructure construction. As of the end of June, this company holds 3,353 Bitcoins and 298 Ethers, making it one of the companies with the largest Bitcoin reserves listed in Hong Kong. Notably, the value of its digital assets accounts for 50% of its market capitalization, and the price fluctuations of Bitcoin directly impact profit trends. Can this 'gaming to mine' model be sustained? Share your thoughts in the comments section!
2. Web3D technology achieves a key breakthrough
The Web3D Consortium has received funding from Bentley Systems, which will enhance the X3D format's support for OGC 3D Tiles. This means industrial-grade geospatial data will achieve seamless interoperability, significantly improving 3D collaboration efficiency in areas such as urban modeling and engineering design! Developers will have easier access to global geographic data. Just imagine, will the buildings in the metaverse be able to accurately replicate real-world scenes in the future?
🚀Policy and Capital Dynamics
3. Stablecoins and RWA Welcome New Regulatory Framework
• The US GENIUS Act has made significant progress, with Bitcoin prices hitting new historical highs again, and spot ETF net inflows reaching $65.9 million in a single day.
• Hong Kong has introduced the (RWA Industry Development Guidelines), clarifying that asset tokenization must meet three major thresholds: value stability, clear legal rights, and verifiable data. It encourages five categories of direction including financial and new energy assets. Meanwhile, Huaxing Capital announced a $100 million special allocation for BNB assets, promoting their listing on compliant exchanges in Hong Kong and establishing a multi-hundred million dollar RWA fund.
• The South Korean Financial Services Commission announces that non-profit organizations and exchanges are allowed to sell cryptocurrencies, but must meet strict auditing conditions.
📊Technological Frontiers
4. Solana's Epic Upgrade
The Alpenglow upgrade plan will reduce network confirmation time from 12.8 seconds to 150 milliseconds and increase transaction processing capacity to 5000 TPS, aiming directly at 'on-chain Nasdaq'. This upgrade is expected to resolve long-standing high-load downtime issues through the reconstruction of the consensus mechanism and data propagation system, leading to a qualitative leap in the user experience of DeFi, NFTs, and other applications!
📚Academics and Security
5. Two Web3 papers reveal industry pain points
• Research on Identity Aggregation (Aggregating Digital Identities through Bridging) proposes a privacy-protecting digital identity bridge, attempting to connect Web2 and Web3 authentication systems.
• (Cybersquatting in Web3) A comprehensive analysis of NFT domain squatting reveals over 670,000 victims with losses reaching $59.26 million; 7 squatting strategies are worthy of caution.
🌍Industry Event Forecast
6. WebX 2025 Tokyo Summit Kicks Off
On August 25-26, this top Asian Web3 conference will gather heavyweight guests such as Arthur Hayes (CEO of Maelstrom) and Yoshitaka Kitao (Chairman of SBI Holdings), focusing on hot topics such as stablecoins, RWA tokenization, and the integration of AI and Web3. Tokyo Governor Yuriko Koike will deliver the closing speech, and the policy direction is worth paying attention to!
💡Today's Tips:
• Always verify contract addresses before participating in airdrops, as recent phishing scams involving 'fake platforms' have been rampant, with fake exchange interfaces and specific wallet transfers being typical tactics.
• Pay attention to Binance HODLer airdrop project Haedal in its 19th phase, a liquidity staking protocol based on the Sui chain, which users can participate in to earn tokens from May 10-14.
👉 Follow me for daily updates on the forefront of Web3!
