💥 BREAKING:@web3 raised $500K in 3 hours.BULLISH! 🚀web3 (@web3):$500k raised in 3 hours. Are you mad yet? ...

Core Insights - Bitget, a leading global cryptocurrency exchange and Web3 company, made a significant appearance at Coinfest Asia 2025 held in Bali, showcasing its community-driven spirit and product innovation [2][8] Group 1: Event Highlights - The Coinfest Asia event took place from August 21 to 22, 2025, gathering numerous innovators, builders, and enthusiasts in the cryptocurrency space [2] - Bitget hosted a series of engaging activities, including a friendly padel tennis match and the "Chill & Bull" event, which featured product sharing sessions and discussions on cryptocurrency trends [3][4] Group 2: Product and Brand Initiatives - The "Chill & Bull" event included a mini-panel discussion on the cryptocurrency market dynamics and future opportunities in Web3, encouraging open dialogue among participants [4] - Bitget Wallet was highlighted as a leading non-custodial cryptocurrency wallet supporting over 130 blockchains and millions of tokens, emphasizing its advanced features and market insights [9] Group 3: Strategic Partnerships and Community Engagement - Bitget is the official cryptocurrency partner for La Liga in East Asia, Southeast Asia, and Latin America, and has partnered with UNICEF to provide blockchain education support to 1.1 million people by 2027 [9] - The company also collaborates with MotoGP, enhancing its presence in the intersection of sports, culture, and cryptocurrency [9]

Web3 Identity - In Web3, a wallet represents a user's identity [1] - Transaction history within a wallet reveals information about the user [1]

From hype to real impact 🌍At the World Leaders Forum, our COO @usithetalk joined @sandeepnailwal of @0xPolygon and @TobyCoinweb of @CoinwebOfficial to discuss how Web3 is shaping global finance.The full scoop👇https://t.co/Bu8imhNb5T https://t.co/GrUNZO27La ...

Core Insights - The Web3 exchanges are becoming a focal point of innovation and controversy in the rapidly evolving digital asset space, highlighting both the vibrancy and challenges of the decentralized finance (DeFi) ecosystem [1][2] Group 1: Market Dynamics - MAGNE.AI, a Web3 smart hardware project, announced a strategic financing of $10 million on August 27, with participation from Castrum Capital and DuckDAO, focusing on AI-native Web3 smartphones and mobile infrastructure [1] - The project aims to build a dual-layer blockchain system and promote the mass production of AI and blockchain security chips, showcasing the potential synergy between smart hardware and decentralized exchanges [1] - The transition of The Sandbox's leadership and the significant workforce reduction reflect a strategic shift towards more practical Web3 applications, indicating a potential shift in focus from the metaverse to decentralized finance [3] Group 2: Challenges in Web3 - Arthur Cheong, CEO of DeFiance Capital, criticized the lack of transparency and accountability in some Web3 startups, highlighting issues such as weak accounting and limited investor decision-making power [2] - The current environment relies heavily on the moral integrity of founders, with potential misuse of funds during capital-rich bull markets leading to diminished investor returns [2] Group 3: Regulatory and Economic Influences - The Federal Reserve's recent policy adjustments may significantly impact the liquidity of digital assets and investor behavior, with interest rate hikes potentially suppressing demand for risk assets [5] - Decentralized exchanges like XBIT may attract users seeking refuge from traditional banking systems due to their censorship-resistant features, especially in times of macroeconomic uncertainty [5] Group 4: XBIT Exchange Features - XBIT decentralized exchange emphasizes user autonomy by eliminating KYC requirements and ensuring users manage their private keys, aligning with the core principles of decentralization [7] - The platform supports trading of various assets, including memecoins and emerging tokens, positioning itself as a potential incubator for innovative projects as the industry shifts towards broader Web3 applications [7] - Community engagement is being enhanced through activities similar to those on PancakeSwap, such as trading competitions, which could further drive user participation on the XBIT platform [7]

Join us for an X Space hosted by @asteraixyz to discuss Web3 intelligence today at 11:30 UTC 👇https://t.co/GQva6cPlZMAster AI 🔶 (@asteraixyz):Aster AI AMA Alert: On-Chain Brains: How AI and ML are Reshaping Web3 IntelligenceTime: August 28 | 11:30AM UTCHost: Sophia – Head of BD at Aster AIGuest Speakers:1. Oliver - Co-Founder at @Gata_xyz2. Mia - BD Manager at @four_meme_3. Walter - Business https://t.co/y5uIAADggI ...

'@sandboxgame just axed >50% of staff, shut 5 offices. most of CT are shocked it was even still around.curious what this means for metaverses as a whole. are we down to just yuga's @OthersideMeta as the last serious bet?imo a lowkey a loss for the space. since sandbox onboarded major brands such as dbs bank, warner music, g-shock, cirque du soleil, even gordon ramsay's hells kitchen. one of the few names web2 brands actually trusted in web3. ...

Core Insights - The company reported a significant revenue of RMB 763 million for the first half of 2025, but incurred a net loss of RMB 638 million primarily due to high marketing costs for new games and one-time restructuring expenses [1] - Despite short-term challenges, the company's strategic adjustments are showing positive results, with a notable increase in overseas revenue and a turnaround in operating cash flow [1][2] Financial Performance - The company's overseas business revenue reached RMB 235 million, marking a year-on-year increase of 33.2%, with overseas revenue accounting for 30.8% of total revenue [2] - The operating cash flow turned positive, recording RMB 108 million, laying a solid foundation for the second half of the year [1] Game Performance - The mini-game segment has emerged as a strong growth engine, with the game "Spring and Autumn Mysteries" generating over RMB 100 million in revenue within three months of its launch [4] - The company has a robust pipeline of games, including several new releases that have performed well in various markets, such as "Naruto: Konoha Master" and "Three Thousand Fantasy" [5][6] IP Development - The company is actively expanding its IP portfolio, with the "Xianjian" IP generating RMB 33.1 million in licensing revenue, a 134.8% increase year-on-year [10] - A series of events and collaborations are planned to celebrate the 30th anniversary of the "Xianjian" IP, enhancing its market presence and brand influence [12] Strategic Outlook - The company aims to continue its focus on business efficiency and cost control while exploring new growth opportunities in the Web3 space [13][15] - Strategic partnerships have been established to leverage Web3 technologies, indicating a proactive approach to future market trends [16]

Core Viewpoint - EDA Group Holdings (2505.HK) has entered a strategic partnership with UTCPAY to capitalize on the burgeoning crypto payment market, aiming to enhance cross-border payment solutions and integrate Web3 technologies [1] Group 1: Strategic Partnership - EDA Group Holdings announced a strategic collaboration with licensed crypto payment provider UTCPAY on August 28, 2023, positioning itself in the trillion-dollar crypto payment market [1] - The partnership focuses on digital asset transactions, Web3 technology, and blockchain applications, leveraging UTCPAY's decentralized payment infrastructure and EDA's extensive cross-border merchant resources [1] Group 2: Payment Solutions - The collaboration addresses pain points in cross-border payments by integrating UTCPAY's decentralized payment technology, offering EDA's e-commerce clients a new stablecoin payment option with instant settlement and reduced fees [1] - This integration aims to fundamentally restructure the international logistics payment chain, enhancing efficiency for cross-border transactions [1] Group 3: Market Potential - As cryptocurrency penetration in global commercial scenarios continues to rise, EDA Group Holdings is expected to bridge key gaps in the Web3 commercial ecosystem, transitioning from a logistics service provider to a cross-border payment infrastructure provider [1] - The company is poised to extend its services into supply chain finance and asset tokenization, tapping into the multi-trillion-dollar Web3 incremental market [1]

Core Insights - The Hong Kong government is actively promoting the Web3 wave, with EDA Group Holdings (2505.HK) announcing a strategic partnership with licensed crypto payment institution UTCPAY to capture the billion-dollar crypto payment market [1] Group 1: Strategic Partnership - EDA Group Holdings and UTCPAY will collaborate on digital asset trading, Web3 technology, and blockchain applications [1] - UTCPAY specializes in decentralized crypto payment and wallet infrastructure services, combining technical strength with compliance capabilities [1] - EDA possesses extensive cross-border merchant resources, creating a perfect synergy of "scenario + license" [1] Group 2: Payment Solutions - The partnership addresses pain points in cross-border payments by integrating UTCPAY's decentralized payment technology [1] - EDA will offer its numerous cross-border e-commerce clients a new stablecoin payment option with instant settlement and significantly reduced fees [1] - This collaboration aims to fundamentally restructure the international logistics payment chain [1] Group 3: Market Potential - As the penetration of cryptocurrencies in global commercial scenarios continues to rise, EDA Group Holdings is positioned to bridge key aspects of the Web3 commercial ecosystem [1] - The company is expected to transition from a logistics service provider to a cross-border payment infrastructure provider [1] - Future opportunities may extend into supply chain finance and asset tokenization, tapping into the trillion-dollar Web3 incremental market [1]