– Token 2049, a major crypto conference in East Asia, attracted a record number of attendees, speakers, and companies.
– KXVC, a subsidiary of Thailand’s largest bank, launched a $100 million fund for Web3, AI, and deep tech firms in Southeast Asia.
– Mantle Network, an Ethereum layer-two scaling solution, launched a $200 million development fund for ecosystem acceleration.
– CoffeeDAO, a decentralized autonomous organization, partnered with cafes to offer free coffee in exchange for market potential exploration.
– Huobi Global, a cryptocurrency exchange, changed its name to HTX as part of its global expansion plans.
– The co-founders of Three Arrows Capital, a Singaporean crypto hedge fund, were reprimanded by the Monetary Authority of Singapore for misconduct.