According to Odaily, WebSea Labs is set to launch its first Web3 game, Meta Heaven. The game will begin its non-deletion test on May 31 at 18:00 Beijing time. At that time, users on the whitelist will be able to log in and experience the game through the Websea exchange's game center.

WebSea Labs is known for its commitment to blockchain technology and application scenario investment and incubation. It is particularly focused on exploring and supporting innovative startups in the GameFi field, accelerating their growth. The launch of Meta Heaven marks a significant step in their efforts to promote and develop the GameFi sector.

According to Odaily, the Blockchain Applied to Electronic Voting hackathon, co-hosted by the Mexican House of Representatives and Kairos Research, has concluded its project applications on the global geek movement platform, DoraHacks.io. The hackathon was held offline in Mexico and lasted for 30 hours. The event aimed to encourage developers to use blockchain technologies such as EVM, Solidity, and Web3.js to address transparency, privacy, and accessibility issues encountered in digital voting. Key contributors and researchers from Ethereum México, Ava Labs, and the Mexican Web3 community participated in the project evaluation.

According to Odaily, TRALA, a one-stop global Web3 gaming platform, has announced the completion of a $4 million funding round. The funding round saw participation from Matter Labs, Animoca Brands, Gate Labs, and 12 other global investors.

In early May, TRALA had announced a new strategic round of funding, with Animoca Brands participating. TRALA is a subsidiary of Joycity, a listed gaming company in South Korea. After receiving investment from Animoca Brands, the two parties will collaborate in the global Web3 GameFi field.

TRALA plans to focus on building a long-term sustainable gaming platform and will integrate a series of AAA-level global gaming IPs on zkSync.

According to Odaily, Animoca Brands has announced its investment in the COOKIE token, supported by Cookie3. The company anticipates that this will lead to the largest MarketingFi and AI data layer platform in Web3, with over 300 dApp applications. Previously, it was reported that the Cookie3 ecosystem token COOKIE would be launched on ChainGPT Pad and Polkastarter. Cookie3, a startup company specializing in Web3 user analysis, has completed a $2.5 million financing round, led by the Spartan Group.

A whirlwind of speculation is currently surrounding the crypto asset JasmyCoin (JASMY), colloquially termed the “Bitcoin of Japan,” following a recent announcement from the Prime Minister’s Office of Japan. Yesterday, it was disclosed that a video conference between Prime Minister Kishida and Apple CEO Tim Cook had confirmed the integration of Japan’s My Number Card function into iPhones by next spring.

Crypto Investors Speculate On Apple Collaboration

The news has sparked a significant rally for JASMY, leading to a 20% increase in its market value within the last 24 hours, pushing its market capitalization to $1.4 billion and ranking it the 67th largest cryptocurrency by market cap. The altcoins’ 24-hour trading volume has also surged by 400% to $570 million.

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While the My Number Card system—a personal identification framework by the Japanese government—is not officially related to JasmyCoin, rumors have circulated regarding a potential linkage for a few months. Despite no formal confirmation, investors are seemingly speculating on a linkage, influenced by the broader interpretation of Japan’s digital strategy, which includes fostering Web3 technologies like blockchain and IoT, domains where JasmyCoin is a significant player.

JasmyCoin, established in 2016 by former Sony executive Kazumasa Sato, aims to provide secure data transactions and storage for IoT devices. The cryptocurrency is rumored to be part of Japan’s broader approach to integrate advanced technologies into everyday life, including the Metaverse and NFTs. “Jasmy’s mission is to facilitate the democratization of data through secure management and storage solutions, allowing individuals to retain control over their personal information.

Speculation about JasmyCoin’s involvement with the My Number Card system seems further fueled by an erroneous report shared on Binance Square, suggesting a direct integration of JASMY with the card’s functionality on iPhones. However, this claim has not been substantiated by any official sources.

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The Japanese government has been a proponent of adopting Web3 innovations as a strategy for economic growth, with the Prime Minister himself emphasizing the importance of digital transformations in recent public addresses. The optimistic outlook for blockchain technology in Japan has been a boon for JasmyCoin, with the government’s digital policy indirectly benefiting the cryptocurrency.

The recent surge in JASMY’s market activity demonstrates the volatile nature of cryptocurrency markets, where rumors and expectations can drive significant price movements. As it stands, while JasmyCoin is indirectly aligned with Japan’s digital ambitions, direct partnerships or integrations with governmental projects like the My Number Card have not been officially confirmed.

Since February 19, JASMY has rallied by approximately 380%. However, the altcoin is still down more than 91% from its all-time high of $0.35 in October 2021. At press time, JASMY traded at $0.03068.

JASMY price rises above $0.03, 1-day chart | Source: JASMYUSD on TradingView.com

Featured image created with DALL·E, chart from TradingView.com

Source: NewsBTC.com

The post Rumor Of Apple Partnership Sends Crypto Altcoin Soaring By 20% appeared first on Crypto Breaking News.

An advisory group spots stigmatization as a challenge in promoting Web3 in Hong Kong.

The advisory group comprises 12 leaders from the technology sector.

The group recommends the timely creation of appropriate and effective regulatory systems.

Hong Kong’s “Technology Crime Police Advisory Group” identifies stigmatization as a key challenge in fostering Web3 growth in the region. The group asserts that inaccurate labeling of web3 concepts like blockchain and cryptocurrency creates mix-ups about their role in both legitimate and illicit activities.

Established by Hong Kong police in December 2022, the advisory group consists of 12 technology sector leaders. Their mission is to inform the police about the latest information technology developments, providing early insights into the rapidly changing tech landscape.

In March, the group convened its fifth meeting to discuss web3 development trends, focusing on the technology and its associated risks. The advisory group emphasized Hong Kong’s active involvement in promoting web3 and blockchain technology.

According to the group, Hong Kong’s web3 engagement extends beyond the virtual asset market, encompassing sectors like gaming, finance, art, culture, and historical preservation. However, the group expressed concern over the rise in virtual currency-related fraud.

Following the meeting, the advisory group recommended the development of appropriate and effective regulatory frameworks to proactively identify and mitigate risks in the evolving sector. The group noted that such measures would limit opportunities for criminals to exploit blockchain technology or use the virtual asset market for money laundering.

On the flip side, the advisory group believes that a well-regulated industry would allow legitimate businesses to thrive while maintaining compliance. It also anticipates that such an environment would restore public and corporate confidence in web3-related concepts, laying the groundwork for the sector’s growth in Hong Kong.

The post Police Advisory Group Urges Hong Kong to Combat Web3 Misconceptions appeared first on Coin Edition.

According to Odaily, Avail has announced a partnership with Particle Network, becoming one of the three data availability solutions for Particle Network's 'Aggregated DA' technology. This collaboration is aimed at supporting the launch of Particle Network's L1. The partnership was further elaborated on Avail's 'Hot Takes: Live!' podcast, where it was revealed that Avail and Particle Network have formed a broad collaboration through their shared goal of a unified Web3 ecosystem.

Particle Network will utilize Avail DA to support its upcoming Cosmos-based Layer-1 blockchain. In addition, Avail Nexus will play a key role in collaborating with Particle Network's Universal Account technology to achieve full-stack chain abstraction. Agoric, Avail, and Particle Network recently announced they will soon publish a joint article discussing chain abstraction through three levels: the blockchain level (occupied by Avail Nexus), the account level (occupied by Particle Network's Universal Accounts), and the application level (occupied by Agoric's Orchestration API).

Avail and Particle Network are jointly committed to building the future of chain abstraction, significantly improving the end-user experience, and jointly promoting the evolution of Web3 into an ecosystem oriented towards the mass market.

The goal of CertiK Ventures is to assist in the development of blockchain technology.

The decision by CertiK to back blockchain development is indicative of a larger trend.

The renowned blockchain security solutions provider CertiK has launched a new venture called CertiK Ventures to back up new on-chain platforms. Promoting “security-first projects,” taking part in VC rounds, and building ecosystem relationships will be CertiK Ventures’ primary goals. Regarding the significance of the project and its effect on Web3, CertiK’s Chief Business Officer, Jason Jiang, mentioned its objective.

Jason Jiang stated:

“The launch of CertiK Ventures is a pivotal part of our mission to secure the Web3 world. By combining our years of expertise in blockchain security with strategic investments, we aim to accelerate the growth of innovative projects that will shape the future of the industry.”

Banking on Blockchain Technology

Companies including Pantera, LINE, Sei, Hashkey Capital, WEMIX, Dora Hacks, Meta Era, Playbux, Shima Capital, SevenX Ventures, Borderless Capital, and Ling Feng Capital are all part of CertiK Ventures’ portfolio.

The goal of CertiK Ventures is to assist in the “development and deployment” of blockchain technology by providing its portfolio firms with resources and knowledge derived from CertiK’s blockchain security.

Several prominent investors in technology, such as Sequoia Capital, Goldman Sachs, Tiger Global, and Insight Partners, have joined forces with blockchain security firm CertiK since its 2018 founding. A “critical bug” in the open-source multichain bridge was responsible for a recent $5 million Wormhole security hole, one of more than 60,000 vulnerabilities found by CertiK.

The decision by CertiK to back blockchain development is indicative of a larger trend in the sector, which is still in its “very early” stages.

Highlighted Crypto News Today:

Ark Invest Sees $100M Outflow from Bitcoin ETF, Largest Since Launch

In a groundbreaking move, QuickSwap’s widely acclaimed Web3 podcast, “All Roads Lead to Polygon” (ARLTP), has undergone a major rebrand. Hosted by leading Polygon DeFi suite QuickSwap, the podcast is considered by most media to be the top web3 podcast in the world, as it was also the second most popular Twitter Space of 2023. Often attracting anywhere from 50,000 to 100,000 listeners per episode, QuickSwap’s podcast, known for curating insightful discussions with esteemed figures in the blockchain, financial, tech, and entertainment industries, is now expanding its horizons to become even more inclusive and open to new projects, ecosystems, and emerging on-chain technologies. With this exciting development, QuickSwap’s podcast will take on the name “The Aggregated,” to reflect and honor its commitment to breaking down tribalistic attitudes and fostering collaboration across ALL decentralized ecosystems.

QuickSwap’s The Aggregated: Uniting the Entire Web3 Community 

The name “The Aggregated” is in fact a direct reference to Polygon Labs and its AggLayer technology. 

By adopting the name “The Aggregated,” QuickSwap is hoping to bring together representatives from a wider array of projects, ecosystems and on-chain technologies to share their unique perspectives in order to engage in healthy, potentially industry-changing debates. QuickSwap’s “All Roads Lead To Polygon” podcast has played a crucial role in evangelizing the Polygon ecosystem and its high-performance scalability solutions. It is also frequently cited as the top Crypto Podcast world wide, as it was ranked the number two Space amongst all Twitter Spaces in 2023. QuickSwap’s podcasting team is ready to make the transition to serve the broader Web3 market and far beyond as it continues to accomplish its goal of mainstream adoption and conquest.

Looking Ahead: The Future of “The Aggregated” 

QuickSwap has continually brought in powerful and well-informed guests to cover a wide range of topics, including Web3’s most controversial and complex topics. The podcast’s guest list reads like a who’s who of the crypto world and beyond, featuring prominent names such as Wendy-O, BitBoy (Ben Armstrong), Dapp Radar, Polygon Founder Sameep Singhania, Gala Games, Moby Media, Crypto Magazine, Orbs, Gamma, Decrypt, Mpost.io, DogeChain, Magic Eden, NFT Gators, TrustSwap, ParaSwap, TechCrunch, AltCoin Daily, Violetta Zironi, BlockStars Technology, Donald Trump’s Intel and Counter Intel Team: “We The People Az Alliance”, and many more. Each episode offers a unique blend of “infotainment” with insights, respectful debates, and exclusive alpha, often employing elements of comedy and varying personalities to make QuickSwap’s “All Roads Lead to Polygon” and soon-to-be “The Aggregated” a go-to resource for staying ahead of the curve in the on-chain world, as many industry wide directives as well as connections have been settled, discussed, and came to be from the show. 

As “The Aggregated” sets its sights on the future, it promises to continue delivering the latest news, major developments, and juicy alpha from all corners of the web3 space. It promises to continue on with what it refers to frequently as “the Roman Bathhouse” of the cryptosphere, with open debates and all types of personalities accepted. With its rebranding, expanded scope, and ongoing commitment to inclusivity, the podcast will play an instrumental role in bridging gaps, fostering collaboration, and pushing the boundaries of innovation within the web3 community. “The Aggregated” invites EVERYONE from new projects, emerging ecosystems, KOLs, Media, Celebrities, CEOs, Degens, and all people of the Web3 space and beyond to join the podcast, share their alpha, info, and intel, and tell THEIR favorite personalized stories! 

Look for QuickSwap’s “The Aggregated” Every Friday on Twitter at 3pm UTC. 

If you are looking to become a first-time guest on the show, there is no better time to break in than right now! 

Reach out directly to “The Aggregated” through their official Telegram or Twitter handles for booking: @QuickswapDEX, @MBDMCrypto, or @Panda_QuickSwap.

The post QuickSwap’s #1 Ranked Crypto Podcast and #2 Twitter Space “All Roads Lead to Polygon” appeared first on Cryptopress.