ChainCatcher news, during the 2024 Hong Kong Web 3 Carnival, John, the head of the Asia-Pacific region for the TON Foundation, brought an unforgettable experience to the attendees. Through his wonderful speech and presentation, he showcased the powerful features of TonGifts—the Telegram red envelope application, which distributed over 500 TON red envelopes that were instantly snatched up, creating an electrifying atmosphere on-site. This event not only demonstrated the innovative capabilities of the TON ecosystem but also greatly stimulated participation and interaction among community members.In his speech, John emphasized: "TonGifts is not just a red envelope tool; it is one of the key applications driving TON Mass Adoption. This event not only rewarded participants but also showcased how the TON ecosystem enhances user experience and strengthens community interaction through practical applications."TonGifts is a community red envelope application built on the foundations of TON and Telegram, aimed at promoting interaction among users and enhancing community engagement, adding fun and creating value. It serves as an effective tool for driving community engagement and interaction.

ChainCatcher news, April 5th, ChainCatcher and RootData will hold the "Web3 Insight Summit" in Hong Kong, discussing hot industry topics such as the Bitcoin ecosystem, Web3+AI, ZK, and mainstream institutional entry with industry leaders. Several founders and investors will attend the summit and give speeches.Guests include David, founder of the Hong Kong-listed company Boyaa Interactive, Lin Chen, head of Deribit Asia Pacific, Dorothy, head of growth at AltLayer, Calanthia Mei, co-founder of Masa, Mike, founder of GoPlus, Sean Chung, APAC ecosystem director at Chainlink Labs, Steven, vice president of product growth at RiSC Zero, Kenny, co-founder of Manta Network, Julian Peh, co-founder of KIP Protocol, and Hunter, partner at the Web3 asset data platform RootData.Click here to register for the event.

ChainCatcher news, the official trading page of HashKey Exchange shows that the information regarding the upcoming MATIC/USD trading pair previously displayed on its platform has been removed, for unknown reasons.Previously, ChainCatcher reported that according to the HashKey Exchange trading platform, HashKey Exchange is about to launch the MATIC/USD and AVAX/USD trading pairs for professional investors. According to the Hong Kong Securities and Futures Commission (SFC), professional investors are defined as high-net-worth individuals with an investment portfolio of no less than HKD 8 million.

ChainCatcher news, according to Caixin, the Hong Kong Securities and Futures Commission and the Monetary Authority have reviewed the current policies for intermediaries intending to engage in virtual asset-related activities. In response to the latest market developments and inquiries from the industry, they have updated the policy to further expand the extent to which retail investors can engage in the virtual asset field through intermediaries, under appropriate safeguards, and allow investors to directly deposit virtual assets with intermediaries.To avoid any doubts, the updated circular will replace the joint circular issued by the Securities and Futures Commission and the Monetary Authority regarding intermediaries' virtual asset-related activities on January 28, 2022.

ChainCatcher news, according to Ming Pao, the Hong Kong police disclosed that the 8 individuals previously arrested in connection with the JPEX case were granted bail on the evening of the 19th, but they must report to the police in mid-October. It is reported that around 9 PM, one of the arrested individuals, KOL Lam Tso's girlfriend Yumi, appeared at the Central Police Station holding a briefcase. Close to 10 PM, Lam Tso left through the back door of the Hong Kong police station.

ChainCatcher news, according to reports from the Hong Kong media, the Acting Chief Inspector of the Commercial Crime Bureau, Mak Wai-kwong, stated that the Wealth Investigation Unit has currently frozen HKD 15 million in bank accounts, as well as three properties valued at a total of HKD 44 million, and is considering confiscating this batch of assets worth over HKD 60 million.Victims are concerned about the whereabouts of their funds. Regarding whether the investigation will trace the clients' funds and the mastermind behind it, the police only stated that the case is under investigation, and this is one of the directions of the inquiry.Regarding artists related to the JPEX case who have left Hong Kong for Malaysia, Superintendent Lee Mu-hin of the Commercial Crime Bureau stated that the investigation is still ongoing and that appropriate actions will be taken based on the involvement of relevant individuals and their roles in the case. If someone is indeed committing a crime in Hong Kong, they will be extradited back to Hong Kong from abroad if necessary.

ChainCatcher message, Hong Kong Legislative Council member Wu Jiezhuang stated on platform X: "Yesterday, regarding the views shared by Ethereum founder Vitalik Buterin on developing virtual asset projects in Hong Kong, I respect his right to speak, but I also believe he does not understand or recognize the situation in Hong Kong. I sincerely invite Mr. Vitalik to come to Hong Kong to understand the situation. I am willing to coordinate with relevant institutions and enterprises to share the situation in Hong Kong with him."In addition, he added that Hong Kong is a special administrative region with a sound process for formulating policies and laws. Under the 'one country, two systems' principle, Hong Kong has legislative power. As a member of the Legislative Council of the Hong Kong Special Administrative Region, I would like to share with everyone that every policy or law in Hong Kong undergoes a period of discussion, including government drafting of policies, public consultations, discussions in multiple committees of the Legislative Council, and plenary discussions. Therefore, I hope Vitalik understands the actual situation; there is no complex situation between the country and Hong Kong as he mentioned. The central government has always expressed support for the development of 'one country, two systems' in Hong Kong, so there is space for Hong Kong to formulate policies for virtual assets, and we welcome compliant enterprises from around the world to develop in Hong Kong."Wu Jiezhuang concluded: "Hong Kong's policies and laws will not change from day to day; all relevant strategies and regulations are formed through significant social consensus and complete procedures. Therefore, I can tell Mr. Vitalik that Hong Kong's policies are very stable."

ChainCatcher news, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated that the next wave of breakthrough growth in the internet is likely to be driven by third-generation internet (Web3) and blockchain technology. NFT, GameFi, Play to Earn, and "immersive" entertainment are all directions that many global entertainment giants are currently investing resources to explore. The core blockchain technology of Web3, with its characteristics of disintermediation, security, transparency, immutability, and low cost, can be applied across various fields, including finance, commerce, trade, supply chain management, and even daily life. The Hong Kong SAR government is also actively applying Web3 technology.For example, in February this year, the Monetary Authority issued the world's first government-issued tokenized green bonds, consolidating bonds and other related financial instruments, participants, and activities onto a single digital platform, enhancing the efficiency of the entire process, reducing the traditional bond issuance time from 5 business days (T+5) to just 1 business day (T+1). To accelerate the development of Web3, I allocated HKD 50 million in this year's Budget to Cyberport to expedite the establishment of a thriving Web3 ecosystem, including actively attracting businesses and talent to settle, as well as organizing related educational and promotional activities.So far, Cyberport has gathered over 180 companies related to Web3 technology, including unicorns and licensed virtual asset trading platforms, with more than 20% of the companies coming from the mainland and overseas.