Group 1 - Minna Bank is collaborating with Fireblocks, Solana Japan, and TIS to assess the feasibility of stablecoins in daily financial services [1] - The bank is also testing the issuance of stablecoins through Solana and evaluating the support capabilities of Web3 wallets for user-friendly financial experiences [2] - Fireblocks' Chief Strategy Officer highlighted that Japan's banking sector is increasingly focusing on corporate financing and international trade, viewing stablecoins as a potential means to simplify traditional banking payment processes [2] Group 2 - The popularity of stablecoins is rising globally as governments and financial institutions explore their applications in payments, settlements, and trade [2] - In Europe, over 75% of crypto transactions on the Oobit platform involve stablecoins, with retail and travel spending leading in countries like Poland, Lithuania, and Germany [2] - South Korean banks are launching stablecoin projects through compliant channels, while U.S. lawmakers are working on a federal regulatory framework for dollar-backed stablecoins [2] Group 3 - Sumitomo Mitsui Financial Group (SMFG) is partnering with Avalanche developer Ava Labs, Fireblocks, and TIS to prepare for a stablecoin pilot project [3] - The pilot is expected to launch by the end of 2025 or early 2026, with plans for a full rollout later that year [3]

Group 1 - The stock price of Sinohope Technology Holdings (01611.HK) closed at 3.080 HKD on July 4, down 4.64% from the previous trading day, with an intraday high of 3.500 HKD, marking a near one-year high [1] - On the same day, the net capital outflow was 300.79 thousand HKD, with unspecified amounts flowing in and out [1] Group 2 - Sinohope Technology focuses on digital asset custody, providing various custody solutions to help enterprises securely and conveniently use digital assets [2] - The company's core product, the MPC self-custody platform SINOHOPE, utilizes MPC-CMP technology to support distributed management of private key shards and collaborative signing, addressing single point risks associated with private keys [2] - Sinohope aims to create a next-generation secure and compliant custody platform, allowing users to fully control and recover private keys while reducing operational barriers and enhancing security against hacking and theft [2] - The management team comprises talents from both digital asset and traditional finance sectors, bringing extensive industry experience and unique business insights [2] - The company adheres to principles of safety, compliance, professionalism, and diversity in services, offering centralized and decentralized mixed services, as well as customized products for institutional and high-net-worth clients [2]

Core Insights - Bitget successfully concluded the 2025 Anti-Scam Month, aimed at enhancing user awareness and resilience against Web3 scams [2][3] - The initiative included gamified educational tools, expert collaborations, and industry research to combat AI-driven scams and security vulnerabilities [2][3] Educational Initiatives - The "Smarter Eyes Challenge" was a key component, featuring an interactive game that simulated real-life scam scenarios, with only 8.60% of participants identifying all traps on the first attempt, but 65.41% succeeded after receiving safety tips [2][3] - Bitget published six in-depth blog posts addressing common attack vectors such as SMS scams, fake applications, and high-risk tokens, with over 80% of users scoring full marks in subsequent security tests [3] Research and Collaboration - A significant milestone was the release of the 2025 Anti-Scam Research Report, co-authored with SlowMist and Elliptic, revealing that global cryptocurrency scam losses exceeded $4.6 billion in 2024, primarily due to deepfake technology and social engineering [3][4] - The report highlighted the increasing complexity of AI-driven scams, including synthetic public figure videos and deceptive job postings [3] Industry Engagement - Throughout the month, Bitget engaged key organizations in the Web3 security space, such as Hacken, GoPlus, BlockSec, and Security Alliance, to discuss future threats and collaborative roles in creating a safer digital asset environment [3][4] Ongoing Commitment - Bitget's CEO emphasized that education is the first line of defense in cryptocurrency security, with the Anti-Scam Hub now permanently available to provide ongoing resources and support [4][5] - The initiative has set a strong precedent for the industry, showcasing how companies can enhance awareness and educate users to reduce future hacking risks [4][5] Company Overview - Founded in 2018, Bitget is a leading cryptocurrency exchange and Web3 company, serving over 120 million users across more than 150 countries [6] - Bitget offers innovative trading solutions and a non-custodial wallet, supporting over 130 blockchains and millions of tokens, while also partnering with major sports leagues and athletes to promote cryptocurrency [6]

Core Viewpoint - Robinhood is leveraging its regulatory licenses to expand into the Web 3.0 financial space, allowing for the tokenization of equity derivatives in Europe, which enhances its competitive edge in the brokerage industry [4][5]. Group 1: Revenue Model - Robinhood operates as a zero-commission brokerage, primarily earning through the bid-ask spread, which is narrower compared to other brokers [4]. - The company’s securities trading license is valuable, enabling it to engage in various financial activities [4]. Group 2: Regulatory Advantages - Robinhood acquired Bitstamp, gaining MiFID II investment company status, allowing it to operate a Multilateral Trading Facility (MTF) and legally facilitate trades of financial instruments recognized by MiFID [4]. - The MTF status enables Robinhood to provide services across the EU with a single regulatory approval, a significant advantage over competitors like Coinbase, which lacks this capability [4]. - Bitstamp has obtained a CASP license from Luxembourg, covering all aspects of crypto asset business, ensuring compliance with KYC/AML regulations [4]. Group 3: Trading Operations - Robinhood offers 24/7 trading, which theoretically exposes it to risk during non-trading hours, as it can only trade tokens when the stock market is closed [6]. - The company can partially mitigate this risk by connecting with market makers during night trading sessions [6]. Group 4: Market Potential - The new business model opens up significant opportunities, especially for European investors trading U.S. stocks, simplifying the process through the Bitstamp platform [8]. - The potential market space for this new business is varied among competitors, indicating a wide range of estimates regarding its success [8]. Group 5: Competitive Landscape - Other firms similar to Robinhood could emerge by combining brokerage services with Web 3.0 capabilities and obtaining MTF licenses in Luxembourg [9].

Social Media & Community Channels - The document promotes a Twitter account (X) for engagement [1] - It includes a Binance referral link, potentially for incentivizing new users [1] - A Telegram group is provided for community discussions [1] Cryptocurrency & Memecoin Focus - The content highlights cryptocurrencies like ETH and BTC [1] - It mentions memecoins, specifically related to Trump ($TRUMP) [1] - The document also references Elon Musk and "gork" which are common themes in the memecoin space [1]

Core Viewpoint - The development of digital assets, particularly stablecoins, is gaining significant attention in the market, with Hong Kong establishing a regulatory framework to promote financial innovation while ensuring safety [4][8]. Regulatory Framework - The "Stablecoin Ordinance" in Hong Kong will come into effect on August 1, marking the introduction of a licensing system for stablecoin issuers pegged to fiat currencies [4]. - This ordinance aims to enhance the regulatory framework for digital asset activities in Hong Kong, ensuring monetary and financial stability while reinforcing its status as an international financial center [4][8]. - The Hong Kong Monetary Authority (HKMA) will begin accepting license applications following the ordinance's implementation, with specific guidelines being developed through market consultation [4][8]. Market Development and Applications - The Hong Kong government is focused on expanding the application scenarios for stablecoins, aiming to address real economic challenges and promote sustainable market development [5]. - The HKMA launched a "sandbox" for stablecoin issuers to experiment with applications in a controlled environment, facilitating innovation [5]. - The recent "Hong Kong Digital Asset Development Policy Declaration 2.0" indicates the government's intention to explore stablecoins as a payment tool [5]. Public Education and Awareness - There is a need for enhanced public education regarding the differences between stablecoins, cryptocurrencies, and central bank digital currencies (CBDCs) to mitigate risks of fraud and unlicensed operations [7]. - The government is committed to investor education to help the public understand the nuances of these digital assets [7]. Challenges and Future Outlook - While the new regulatory framework provides a foundation for stablecoin development, challenges remain, particularly in public trust, risk management, and alignment with international standards [8]. - The proactive approach of Hong Kong in balancing regulation and innovation positions it uniquely to address inefficiencies in cross-border payments [8].

Core Viewpoint - The development of central bank digital currencies (CBDCs) and stablecoins is being driven by new technologies such as blockchain and distributed ledgers, presenting both opportunities and regulatory challenges for financial systems [1] Group 1: Offshore and Onshore RMB Business - Offshore RMB business is primarily conducted in markets outside of China, with Hong Kong as a central hub, while onshore RMB business reflects a dual characteristic of capital flow under specific conditions [1] - There is a growing consensus on the need to pilot offshore RMB stablecoins in Hong Kong before exploring domestic markets, particularly in free trade zones [1] Group 2: Development Models for RMB Stablecoins - A proposed model for domestic offshore RMB stablecoins (CNY Coin, CNYC) involves establishing a stablecoin issuance institution in the Shanghai Free Trade Zone, leveraging the experience of digital RMB operators [3] - Another model suggests that digital RMB operators could directly mint and operate RMB stablecoins in the Shanghai Free Trade Zone, ensuring compliance during the issuance process [4] Group 3: Requirements for RMB Stablecoins - RMB stablecoins must have sufficient asset reserves, including a proportion of digital RMB, to align with central bank digital currency (CBDC) reforms [5] - Issuers of RMB stablecoins should establish robust compliance mechanisms, including risk identification and asset segregation, while expanding application scenarios [5] Group 4: Offshore RMB Stablecoins - For offshore RMB stablecoins (CNH Coin, CNHC), a collaborative issuance model involving both domestic and foreign institutions in Hong Kong is proposed, adhering to local regulations [6] - The CNHC aims to enhance Hong Kong's role in the internationalization of the RMB and facilitate compliance in blockchain financial activities [7] Group 5: Regulatory Cooperation and Future Directions - Continuous cooperation between regulatory bodies and RMB stablecoin issuers is essential to monitor and prevent illegal activities within the blockchain ecosystem [7] - The exploration of RMB stablecoins should be cautious and gradual, with an emphasis on developing relevant legal frameworks to strengthen China's position in the global stablecoin landscape [7]

So many continue to doubt as of late that Web3 gaming will find PMFBut yet, we continue to see INCREDIBLE names dive headfirst into the space.EverQuest’s John Smedley is leading the gaming studio behind this.Open World, Persistent FPS, base building mechanics, something for everyone with a track record of success from this team.Built on TezosPremiered at ETHccTrailer SLAPSYah, I’m hyped to be working with this one.Cannot wait to see what’s next.Reaper Actual Web3 (@ReaperActualW3):Marova isn’t just a warzon ...

RT Portofino Technologies (@PortofinoTech)𝗧𝗵𝗮𝗻𝗸 𝘆𝗼𝘂 𝘁𝗼 𝗲𝘃𝗲𝗿𝘆𝗼𝗻𝗲 𝘄𝗵𝗼 𝗷𝗼𝗶𝗻𝗲𝗱 𝘂𝘀 𝗮𝘁 𝗼𝘂𝗿 𝗲𝘃𝗲𝗻𝘁 𝗶𝗻 𝗖𝗮𝗻𝗻𝗲𝘀!𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝘁𝗵𝗮𝗻𝗸𝘀 𝘁𝗼 𝗔𝗿𝗸𝗵𝗮𝗺 𝗮𝗻𝗱 𝗧𝗿𝗼𝗻 for co-hosting the evening drinks with us. It was a pleasure to collaborate with such forward-thinking partners and to bring together great minds in such a beautiful setting.The conversations truly made it memorable—insightful, forward-thinking, and energising.We loved connecting with so many of you across the crypto and finance ecosystem.Let’s keep the conversations going 🚀 ...

RT Decentralised.Co (@Decentralisedco)The revenue meta is not a short-term, transitory conversation. It is the sign of a market trending towards efficiency.Our latest story breaks down our reasoning behind this, with data from @tokenterminalAccording to data from DeFiLlama, there are ±300 L1s and L2s. Of these, barely 10 have a TVL north of $1 billion. There are just as many with a daily protocol fee beyond $200k. From a price to sales perspective, Arbitrum and Optimism trade at healthy levels between 60 an ...