Web3 Weekly Report: Hong Kong Policy Upgrade, Bitcoin Rebound, Mastercard Enters Encryption Payment

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Overview of this week's highlights in the Web3 industry

This week's Web3 industry hotspots focus on the upgrade of digital asset policies in Hong Kong, the layout of cryptocurrencies by the well-known payment company Mastercard, the rebound of Bitcoin market, and the integration of AI and Web3 among other aspects.

Policies and Regulations

The Hong Kong Special Administrative Region Government has released the "Hong Kong Digital Asset Development Policy Declaration 2.0", which further refines the policy deployment in the digital asset field, focusing on practical applications and ecosystem development. The declaration reaffirms the goal of making Hong Kong a global innovation center for digital assets.

Texas has passed two bills to initiate a state-level Bitcoin accumulation strategy. On one hand, public funds will be used to purchase Bitcoin and establish a reserve fund, while on the other hand, law enforcement agencies are authorized to seize and permanently lock up involved crypto assets. This dual-track strategy aims to strengthen the scarcity of Bitcoin and attract top-tier crypto industries.

Market Trends

Payment giant Mastercard has announced that it will provide on-chain cryptocurrency purchasing services, further promoting the mainstream adoption of crypto payments. The company has been continuously deepening its crypto strategy in recent years, moving from experimental exploration to actual implementation.

Affected by the sudden changes in the geopolitical situation in the Middle East, the price of Bitcoin has seen a violent rebound. Market participants reacted quickly, resulting in a significant turnaround in the market.

The Integration of AI and Web3

Industry insiders believe that regardless of the route chosen by the project, it ultimately needs to enter the AI collaboration logic, leveraging AI to enhance competitiveness and efficiency. Some viewpoints point out that the financialization of information ( InfoFi ) is a fundamental paradigm shift based on technologies such as blockchain, token incentives, and AI empowerment, with the goal of "reshaping the value of attention."

Investment Opportunities

Industry insiders shared early airdrop opportunities within the Solana ecosystem, as well as projects worth paying attention to on the Base chain. Several well-known industry figures also shared their views on the best crypto investment targets in the next 3-5 years.

Industry Trends

The Celestia project has recently faced multiple criticisms, including allegations of executives cashing out,利益输送, and manipulation of public opinion. Although the project team denies these accusations, both its ecosystem activity and token performance have shown a significant decline.

An in-depth report has exposed the "discount token OTC" scam, which has caused several investors and large holders to lose approximately $50 million within a few months. The report points out that despite early warnings, trust, greed, and so-called social "proof" have become powerful weapons in the hands of the scammers.

Overall, this week the Web3 industry has shown a multifaceted development trend with policy support, market fluctuations, and technological integration. All participants need to closely monitor industry trends and seize potential opportunities.

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ConfusedWhalevip
· 21h ago
Is the coin market about to da moon?
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ExpectationFarmervip
· 22h ago
Hong Kong gkd
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airdrop_whisperervip
· 07-09 10:25
It's time to pay the IQ tax again.
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PhantomMinervip
· 07-09 10:20
The bull run is not over yet.
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defi_detectivevip
· 07-09 10:18
Big bull, Hong Kong continues to da moon!
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AirdropChaservip
· 07-09 10:11
The pattern has expanded. This is
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GasFeeCrybabyvip
· 07-09 10:06
The bull run is here, just waiting for the Rebound.
View OriginalReply0
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