Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said. Source: https://www.coindesk.com/policy/2023/07/03/hong-kong-sets-up-task-force-for-web3-development/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year. Source: https://www.coindesk.com/policy/2023/07/03/singapores-mas-orders-crypto-firms-to-keep-customer-assets-in-a-trust-by-year-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads. Source: https://www.coindesk.com/web3/2023/07/03/azukidao-votes-on-reclaim-of-20k-ether-after-botched-elementals-nft-mint/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

South Korean trading volumes for the bitcoin offshoot token boomed last week, spurring a price spike last week. Source: https://www.coindesk.com/markets/2023/07/03/bitcoin-cash-futures-traders-lose-most-in-2-years-as-prices-spike-to-320/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bill marks the country’s first step towards a digital asset legal framework. Source: https://www.coindesk.com/policy/2023/07/03/south-korea-passes-crypto-bill-for-user-protection/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but …

An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions. Source: https://www.coindesk.com/tech/2023/07/02/polynetwork-attacker-issues-worthless-billions-in-shib-bnb-busd-in-latest-crypto-hack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music …

At a recent concert, 5,000 of the pop star’s fans opened digital wallets through the EVNTZ app, paving the way for future blockchain-based rewards. Source: https://www.coindesk.com/web3/2023/06/30/harry-styles-concert-app-takes-fans-in-more-than-one-direction-with-blockchain-rewards/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The team behind Azuki discussed ways to rebound after its community was left frustrated by the new Elementals NFT collection. Source: https://www.coindesk.com/web3/2023/06/30/azuki-teases-anime-series-new-artwork-after-missing-the-mark-on-elementals-mint/?utm_medium=referral&utm_source=rss&utm_campaign=headlines