Japanese lawmakers Masaaki Taira and Hideto Kawasaki plan to develop policies for Web3 in Japan, according to an interview with CoinDesk Japan. The Liberal Democrat Party's Web3 project team released a whitepaper in April 2023 and hosted a DAO rulemaking hackathon to gather stakeholder input. One area of concern is the need for clarity around DAO regulations, which Taira believes will become clearer over time. The team also successfully pushed for tax reform for third-party ownership of crypto assets.

We have all been targeted by ads that you look at and wonder “how do they know I am in the market for that product?” The answer is that the AI/ML models that big tech companies have trained on our personal data are incredibly accurate and powerful.

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Legislative Council of the Hong Kong Special Administrative Region, expressed his hope for the budget proposal's principles of zero taxation, less fees, increased vitality, and opposition to different tax proposals suggested by the public, including the collection of value-added tax on assets, departure tax, and virtual asset stamp duty, during a meeting with Hong Kong Special Administrative Region Financial Secretary Chen Maobo and Deputy Secretary Huang Weilun this morning. He believes that it is necessary to enhance the development momentum of various industries, break down barriers, and vigorously develop the Web3 industry.

1.Morgan Stanley: The Fed is now expected to slow down the pace of balance sheet reduction starting in June2.Three addresses transfer UMA to CEX after UMA rises3.South Korea’s Financial Supervisory Authority issues tips to prevent the spread of cryptocurrency scams4.LBank will list AMB and open for trading at 16:00 on January 255.HashKey Exchange: Due to the system upgrade of our partner Standard Chartered Bank, the recharge will be delayed next Monday.6.Celestia ecological pledge project CelestLoan will launch its first round of token sales on January 307.Trezor: The third-party ticket portal was accessed without authorization, but user assets were not affected8.MagicSquare(SQR) will be listed on Gate at 6pm tomorrow night9.Revolut partner BSC-857 protocol platform has completed BSC-Web3 deployment10.Ondo Finance announces launch of first batch of Ondo points program

On January 21st, Web3 app store MagicSquare(SQR) announced on social media that Gate will be launched tomorrow night at 6 o'clock.

Investors are focusing on more liquid, growth-ready startup opportunities as crypto venture capital continues to recover.

Huawei has launched its Web3 Node Engine Service (NES) to support decentralized financial (DeFi) developers in managing blockchain nodes. The NES currently supports over eight Layer One (L1) and Layer Two (L2) blockchains, including Ethereum and BNB Chain, and integrates with MEV-boost to optimize staking rewards. The service is designed to simplify node management and reduce development costs, potentially driving wider adoption of digital assets. Huawei's entry into the blockchain technology space is recognized as a significant stride toward the broader adoption of digital assets and blockchain applications.

TechCrunch, a US technology media outlet, released a report called "Unicorn Club", which pointed out that the number of unicorns with a market value of over 1 billion US dollars has increased by 14 times in the past 10 years, and the industry scope has expanded to include areas such as cryptocurrency and climate. Cryptocurrency "seems" to be one of the major trends of the past decade, with Coinbase reaching a market value of 76 billion US dollars in November 2021 after going public, and now it is about 32 billion US dollars. OpenAI is about to become the first AI super unicorn, with an estimated valuation of over 100 billion US dollars. New York City currently has 100 unicorn companies, of which about 40% are cryptocurrency/Web3 fintech companies, including OpenSea and Chainalysis.

Web3 music startup TRAX has announced the completion of a decentralized round of financing of approximately $2.9 million on the ICP blockchain (a total of 314,000 ICP tokens). After this round of financing, TRAX will operate as a decentralized autonomous organization (DAO) controlled by TRAX's new governance token holders, with the funds raised stored in the TRAX DAO treasury for TRAX holders to decide how best to use them. TRAX plans to build a content aggregator and social marketplace to help artists create digital spaces for their super fans.

Web3 platform BlockGuard has announced that it has signed an equity partnership agreement with London-based blockchain IT company Pixelette Technologies and has obtained its equity investment. Pixelette founder and CEO Asif Ashiq Rana has joined BlockGuard as an advisor. The company revealed that Pixelette Technologies holds 5% of the shares, but the specific investment amount has not been disclosed. Pixelette will build the tokenized gold system proposed by BlockGuard and focus on improving security and user experience on the underlying blockchain.