ChainCatcher news, the digital asset trading platform Hotcoin successfully held the "Web3 Networking Mixer" Token2049 side event at the 80rr Fintech Hub in Singapore. This event was co-hosted by Hotcoin, Orbis, and Hedera, attracting numerous industry elites, well-known projects, and global KOLs from around the world. The event featured speeches, roundtables, and tea breaks.Hotcoin's Chief Operating Officer Steven Gu attended and delivered a speech. Steven stated that Hotcoin is currently focusing on supporting Web3 ecological projects, covering various aspects such as DeFi, social, and blockchain games. Through Hotcoin's global influence and resource advantages, it aims to help more outstanding potential projects promote themselves in the global market more efficiently and at a lower cost.Hotcoin is about to celebrate its seventh birthday and will continue to support the development of the industry ecosystem. It will uphold a user-first, safe, and compliant development strategy to create a secure, practical, and convenient blockchain ecosystem for global users.

ChainCatcher message, ChainCatcher will co-host an online roundtable event on X Space with BiFinance on August 20 at 8 PM (UTC+8) themed "BiFinance Links Future Finance: The Path to Integrating Traditional Assets with the WEB3 Ecosystem."Recently, BiFinance successfully completed a $10 million Series A financing, which is not only an important milestone in BiFinance's development but also lays a solid foundation for future Web3 technological innovation and market expansion. ChainCatcher has invited BiFinance's CEO Bob to share the latest financing updates and future strategic plans. In addition, three well-known industry KOLs will participate in the AMA session to discuss the latest opportunities in WEB3.Click the original link to participate in the interaction, follow the official Twitter, and like + retweet the post. During the AMA, three lucky fans will be randomly selected, each receiving a $10 token airdrop.

ChainCatcher news, according to monitoring by blockchain security audit company Beosin Alert, shows that in July 2024, the loss amount from various security incidents significantly increased compared to June. In July 2024, there were over 20 typical security incidents, with total losses from hacker attacks, phishing scams, and Rug Pulls reaching $286 million, an increase of approximately 56.3% compared to June.Among these, attack incidents accounted for about $271 million, an increase of approximately 92.2%; phishing scam incidents accounted for about $12.1 million, a decrease of approximately 67.6%; and Rug Pull incidents accounted for about $3.58 million, a decrease of approximately 13.1%.The largest hacking incident in July came from the Indian exchange WazirX, with losses of about $230 million, accounting for 85% of the total amount from attack incidents that month. The second largest attack incident was LI.FI, which lost about $11.6 million due to a contract vulnerability. This month also saw multiple phishing scams and rug pull incidents exceeding one million dollars, and users need to remain vigilant.

ChainCatcher news, the Aptos Foundation and Alibaba Cloud, after a long-term collaboration, will enhance support for the Web3 industry in Japan. It is reported that Aptos and Alibaba Cloud will host a hackathon and promote Web3 education through Alcove, the first brand-united Move developer community in Asia, in order to drive the development of Web3 in Japan.

ChainCatcher news, according to on-chain statistics from Coin98Analytics, the number of active wallet addresses on UXLINK in the past 30 days is 5.2 million, ranking first in the Web3 domain, surpassing all GameFi and DEX projects. The on-chain monthly active data shows that the retention and stickiness of the social category are higher than those of other categories.In addition, according to Dune, the number of on-chain UXLINK asset holders has exceeded 6.4 million, with wallet balances surpassing 600 million dollars.

ChainCatcher news, the CEO of the Securities and Futures Commission, Ashley Alder, delivered a speech at the Greenwich Economic Forum (Hong Kong). She stated that building a responsible and sustainable Web3 ecosystem in Hong Kong is crucial for supporting the development of the financial industry. Technology is changing people's lives, and Distributed Ledger Technology (DLT) will bring transformation to financial services. Tokenization can promote financial inclusion, as well as enhance industry efficiency and reduce costs.She pointed out that the SFC believes that "innovation" and "regulation" should complement each other. The regulator's responsibility is to provide a clear, certain, and consistent framework for the market to expand use cases. Ashley Alder also encouraged the industry to actively test use cases. If the financial market is to reach new heights, traditional finance should embrace responsible innovation, and she urged the industry: the future is at hand, and now is the critical moment to seize new opportunities.

ChainCatcher news, Layer1 public chain Masverse announced a partnership with Asia Digital Bank to leverage advanced technologies such as artificial intelligence, cloud computing, and blockchain to enhance the Web3 ecosystem in Malaysia.It is reported that Masverse and Asia Digital Bank are committed to enhancing digital financial solutions in ASEAN and Islamic alliance countries, setting new standards in legal compliance and financial technology services.

ChainCatcher news, OKX President Hong was invited to attend the main forum of the "2024 Hong Kong Web3 Carnival" and delivered a keynote speech on "Responsible Innovation."Hong stated that as a centralized platform, we will continue to adopt advanced technological means to ensure transparency with users, partners, regulators, and key stakeholders, and consider it an important responsibility. One of our key global strategies is to ensure that we are transparent, responsible, and provide relevant permissions for our customers and stakeholders, thereby better serving and building in the local area. Hong Kong is a location of significant strategic importance to us, and we are honored to be part of the Hong Kong Web3 ecosystem. We are also privileged to collaborate with many partners, stakeholders, and legislators to build the Hong Kong Web3 ecosystem. We will adhere to localization to integrate into the Hong Kong Web3 ecosystem and contribute, so that we can invest long-term and remain compliant.

ChainCatcher news, on March 21, a video interview program themed "Web3, AI and other new technologies are on the rise, how can the industry break the deadlock?" was launched by OKLink in collaboration with Sohu Finance.Speaking about Hong Kong's competition to become a Web3.0 hub, Jiang Zhaosheng, a senior researcher at OKLink Research Institute, stated in the interview: As a company deeply engaged in Web3.0 compliance technology, we hope to focus on technological and application innovations in the global Web3.0 ecosystem in 2024. By leveraging the vast data resources and technical service experience accumulated by OKLink over the years, we aim to provide on-chain security and compliance solutions for various parties, including financial institutions, Web3.0 projects, and regulatory agencies, helping relevant institutions enhance their ability to prevent and respond to risks, thereby ensuring and promoting the development of Hong Kong's Web3.0 ecosystem.Regarding the development prospects of emerging technologies in China, Ye Yuru, author of "Top Ten Technologies in the Metaverse" and host of the Metaverse Salon, stated that in China, the development approach of blockchain must be legal and compliant, utilizing the characteristics of blockchain such as data confirmation, copyright protection, and value circulation to empower various industries.

ChainCatcher news, according to monitoring by the blockchain security audit company Beosin's KYT anti-money laundering analysis platform, the loss amount from various security incidents significantly increased in February 2024 compared to January. In February 2024, there were more than 19 typical security incidents, with total losses due to hacker attacks, phishing scams, and Rug Pulls reaching $422 million, an increase of about 102% compared to January. Among these, attack incidents accounted for approximately $347 million, an increase of about 110%; phishing scam incidents were about $16.08 million, a decrease of about 52%; and Rug Pull incidents were approximately $59.38 million, an increase of about 440%.The largest attack incident in February was the attack on the crypto gaming platform PlayDapp due to private key leakage, resulting in a loss of $290 million, making it the highest loss security incident of the year so far. Other incidents with losses exceeding ten million dollars include: the centralized exchange FixedFloat being attacked, resulting in a loss of $26.1 million; Axie Infinity co-founder Jihoz.ron’s personal address losing about $10 million due to private key leakage. Additionally, the Hong Kong exchange Bitforex is suspected of experiencing a Rug Pull, with $56.5 million anomalously flowing out of its hot wallet.

ChainCatcher news, according to official sources, South Korean internet giant Kakao's Layer 1 network Klaytn and Japanese telecommunications giant Line's public chain project Finschia have proposed a merger. The two parties plan to create a new blockchain that supports both the EVM and CosmWasm frameworks, aiming to build the largest web3 ecosystem in Asia.The voting for the merger proposal is scheduled to take place from January 26 to February 2.

ChainCatcher news, October 23, hosted by leading Web3 on-chain data and compliance solution provider OKLink and pioneer in Web3 security CertiK, the security forum exclusively supported by the Hong Kong Investment Promotion Agency was successfully held. Guests from DRK Lab, InvestHK, and BlockSec discussed topics such as on-chain transparency, risks faced by the industry, urgent issues that need to be addressed, and community collaboration.OKLink's Technical Director Raymond stated: "From the perspective of project parties, multiple aspects of security need to be considered during operations, such as smart contracts, operational maintenance, security upgrades, and compatibility of functions, all of which can introduce new security issues. Recent frequent security incidents have revealed that accounts in the Web2 space may also pose risks, while the risks faced by projects in the Web3 space are clearly greater. From the user's perspective, Web3 is also a new world, and the generation, storage, and use of users' private keys need to comprehensively avoid risks."

According to ChainCatcher news, monitoring by Beosin EagleEye, a security risk monitoring, early warning, and blocking platform under the blockchain security audit company Beosin, shows that in September 2023, the amount of losses from various security incidents significantly increased compared to August. In September, there were more than 16 typical security incidents, with total losses due to hacker attacks, phishing scams, and Rug Pulls reaching 360 million USD, an increase of about 414% compared to August. Among these, attack incidents accounted for approximately 323 million USD, phishing scams for about 32.12 million USD, and Rug Pulls for about 5.3 million USD.This month, there were a total of 4 security incidents with losses exceeding 10 million USD: Mixin Network was hacked for 200 million USD, the hot wallet of the cryptocurrency exchange CoinEx was hacked for 70 million USD, the cryptocurrency gambling platform Stake was hacked for 41.3 million USD, and a certain whale address suffered phishing losses of about 24.23 million USD. These four incidents accounted for 93% of the total losses. In addition, this month's JPEX scam case involving a virtual asset trading platform in Hong Kong had numerous victims, with the amount involved reaching 190 million USD, making it one of the most noteworthy cryptocurrency cases recently.