ChainCatcher news, famous angel investor Cai Wensheng stated in an interview that he is optimistic about Hong Kong's successful experience, and it may even be conveyed to mainland China in the future.Recently, I saw that a retired deputy governor of the People's Bank of China suggested that China should reconsider the development of cryptocurrencies. Although this does not represent an official statement, I believe it already indicates a trend; mainland China is rethinking the development of Web3 and cryptocurrencies.This is not something that will happen overnight. I believe that in the coming years, China will definitely embrace Web3 and may even reopen digital currency trading.It is reported that Cai Wensheng entered the internet field in 2000, founded 265.com in 2003, and was acquired by Google in 2007. After that, he transitioned to being an angel investor, investing in many companies such as Baofeng Video, 58.com, Internet Express, Optimization Master, CNZZ Data Statistics, China Webmaster Station, Yiming China, OKEX, and became a well-known angel investor in China.

ChainCatcher news, according to Hong Kong media reports, since the listing of virtual asset ETFs in Hong Kong two weeks ago, the total assets under management have reached 266 million USD. Recently, Jiang Zhaosheng, a senior researcher at OKLink Research Institute, stated in the "Web3 Relativity" program that Hong Kong currently plays more of a "connecting point" and "bridge" role in the virtual asset field. Whether it is incorporating the entry and exit channels of virtual assets such as VATP, stablecoins, and VAOTC into regulation, or accelerating the integration of traditional finance and virtual assets through tokenization and ETFs, Hong Kong is strengthening its "connecting" attributes through various measures to enhance the security and compliance of virtual assets.As the trading of virtual asset ETFs gradually improves, Jiang Zhaosheng suggests that investors use on-chain data to assess the actual market conditions and trends. For example, tools like the OKLink blockchain explorer can be used to check the inflow and outflow of holdings from various fund companies, allowing for the analysis of the supply and demand dynamics and changes in market sentiment, as well as the impact of the incremental funds brought by spot ETFs on prices and other non-public information.

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.