Cointime

Cointime

Download App
iOS & Android

Hong Kong Web3 Summer Summit was Successfully Held at Hong Kong University, Nano Labs Founder Jack Kong was Invited to Attend

Validated Project

On August 25th, Hong Kong Web3 Summer Summit, jointly organized by Meta Era, Jiemian Network, HKU Business School, and 3W Group, was held at the Hong Kong University Grand Hall, which brought together top experts and celebrities in the industry to explore the future of the digital economy, with a focus on the development trends, technological innovations, and challenges of cryptocurrency finance. The forum covered fields such as finance, regulation, and blockchain technology, aiming to provide participants with an insightful platform for communication and a deep understanding of the forefront of cryptocurrency finance. Experts shared unique insights and practical experiences, providing participants with the latest market information and industry analysis.

This forum gathered dozens of industry guests to concentrate on Hong Kong Web 3.0, new cooperation between crypto and traditional fields, and on-site discussions with well-known political and academic heads in Hong Kong, where there were also collisions of perspectives among the new generation. Nina, iPollo Community Ambassador, served as the host of this event and announced the official start of Hong Kong Web3 Summer Summit, inviting Prof. Hongbin Cai, Dean of HKU Business School, to deliver the opening speech.

Prof. Hongbin Cai stated that Hong Kong needs to continue innovating to consolidate its position as a financial center and promote the development of new technologies such as Web 3.0. He emphasized that as an international financial center, Hong Kong is constantly evolving in response to technological impacts on financial forms, and praised the Hong Kong government's efforts in promoting Web3 and cryptocurrency, and believes that this is a courageous innovation.

Mr. Peter Yen, the CEO of Cyberport, said that Hong Kong is deepening the application of Web3 technology and promoting the integration of virtual assets with the real economy. He mentioned that the government has launched a series of measures to support the development of Web 3.0, from the declaration of virtual asset policies to the issuance system of new virtual asset trading platforms, which have successfully attracted many external Web 3.0 companies to settle in Hong Kong.

Dr. Xiao Feng, HashKey Group Chairman and CEO, said that stablecoin serves as a financial bridge connecting the real world and the virtual world. He believes that stablecoin should not only be regarded as base currencies, but also as bridges connecting the real world and the virtual world, private and public ledgers, centralized and decentralized finance, as well as fiat currency and digital currency.

Mr. Jack Kong, Founder of Nano Labs and Director of Hong Kong Cyberport, participated in the "Regulation of Blockchain and Cryptocurrency in Hong Kong: Current Situation and Future Prospects" panel discussion. He stated that the core of Hong Kong's stablecoin policy is investor protection and continued support for Web3 innovation. He pointed out that from compliant licensed exchanges to budget proposals, Hong Kong has come a long way, and now has a budget of 50 million for Web3. Overall, in terms of legality and cost-effectiveness, Hong Kong is still a very good place for Chinese Web3 entrepreneurs.

This event initiated a new dialogue on Web 3.0, exploring the limitless potential of the digital economy, and jointly promoting the industry development of Hong Kong Web 3.0.

Comments

All Comments

Recommended for you

  • Nvidia releases new version of its open-source AI model, claiming it's "faster, cheaper, and smarter."

     on Monday, Nvidia (NVDA.O) released a series of new open-source artificial intelligence models, stating that these models will be faster, cheaper, and smarter than its previous products. Nvidia is mainly known for providing chips, which companies like OpenAI use to train their closed-source models and profit from them. However, Nvidia also offers a large number of proprietary models covering various fields from physical simulation to autonomous vehicles, made available as open-source software for researchers or other companies to use. For example, companies like Palantir Technologies have integrated Nvidia's models into their products. On Monday, Nvidia announced the third-generation "Nemotron" large language model, primarily aimed at tasks such as writing and programming. The smallest model, Nemotron 3 Nano, was released on the same day, while two larger versions will be launched in the first half of 2026. Meanwhile, there are reports that Meta Platforms (META.O) is considering switching to closed-source models, making Nvidia one of the main providers of open-source models in the United States.

  • Ondo Finance will launch its tokenized stock and ETF platform on the Solana blockchain in early 2026.

     Ondo Finance announced on the X platform that its tokenized stocks and ETF platform will launch on the Solana chain in early 2026. Ondo stated that this is currently the largest tokenized stocks and ETF platform, aiming to bring Wall Street liquidity to the internet capital markets.

  • BitMine has increased its holdings by over 330,000 ETH since December.

    according to information disclosed by BitMine, BitMine has increased its holdings by 96,798 ETH, 138,452 ETH, and 102,259 ETH respectively over the past three weeks. Since December 1st, in half a month, a total of 337,509 ETH has been added, bringing the total holdings to 3,967,210 ETH, achieving two-thirds of the goal of "acquiring 5% of the total Ethereum supply."

  • American Bitcoin increased its holdings by 261 BTC, bringing its total to 5,044 BTC.

    according to BitcoinTreasuries.NET data, the Bitcoin holdings of American Bitcoin Corp, a Bitcoin mining company supported by the Trump family, have increased to 5,044 BTC, an increase of 261 BTC.

  • JPMorgan launches its first tokenized money market fund

    according to The Wall Street Journal, JPMorgan Chase has officially launched its first tokenized money market fund, marking an important step for the banking giant in the application of blockchain technology. The private fund will operate on the Ethereum blockchain and be open to qualified investors. JPMorgan will inject $100 million of its own capital into the fund as startup funding.

  • BTC breaks $90,000

    the market shows BTC breaking through $90,000, currently at $90,027.93, with a 24-hour decline of 0.35%. The market is highly volatile, please manage your risk accordingly.

  • American Bitcoin's Bitcoin reserves have increased by approximately 623 BTC in the past 7 days, bringing its current holdings to 4941 BTC.

    Emmett Gallic, a blockchain analyst who previously disclosed and analyzed the "1011 insider whale," posted on the X platform revealing updated data on the Bitcoin reserves of American Bitcoin, a crypto mining company supported by the Trump family. In the past seven days, they increased their holdings by about 623 BTC, of which approximately 80 BTC came from mining income and 542 BTC from strategic acquisitions in the open market. Currently, their total Bitcoin holdings have risen to 4,941 BTC, with a current market value of about 450 million USD.

  • The US spot Ethereum ETF saw a net outflow of $19.4 million yesterday.

    according to TraderT monitoring, the US spot Ethereum ETF had a net outflow of 19.4 million USD yesterday.

  • Listed companies, governments, ETFs, and exchanges collectively hold 5.94 million Bitcoins, representing 29.8% of the circulating supply.

    Glassnode analyzed the holdings of major types of Bitcoin holders as follows: Listed companies: about 1.07 million bitcoins, government agencies: about 620,000 bitcoins, US spot ETFs: about 1.31 million bitcoins, exchanges: about 2.94 million bitcoins. These institutions collectively hold about 5.94 million bitcoins, accounting for approximately 29.8% of the circulating supply, highlighting the trend of liquidity increasingly concentrating in institutions and custodians.

  • The Bank of Japan is reportedly planning further interest rate hikes; some officials believe the neutral interest rate will be higher than 1%.

    according to insiders, Bank of Japan officials believe that before the current rate hike cycle ends, interest rates are likely to rise above 0.75%, indicating that there may be more rate hikes after next week's increase. These insiders said that officials believe that even if rates rise to 0.75%, the Bank of Japan has not yet reached the neutral interest rate level. Some officials already consider 1% to still be below the neutral interest rate level. Insiders stated that even if the Bank of Japan updates its neutral rate estimates based on the latest data, it currently does not believe that this range will significantly narrow. Currently, the Bank of Japan's estimate for the nominal neutral interest rate range is about 1% to 2.5%. Insiders said that Bank of Japan officials also believe there may be errors in the upper and lower limits of this range itself. (Golden Ten)

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company