Zetrix Foundation Collaborates with MYEG and MaiCapital for Virtual Asset Fund or ETF Launch in Hong Kong

Zetrix Foundation, MY E.G. Services Berhad (MYEG), and MaiCapital, a licensed virtual asset manager in Hong Kong, have joined forces to launch a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products. This collaboration aims to issue a Securities and Futures Commission of Hong Kong (SFC) approved ETF, consisting of a basket of cryptocurrencies, including Bitcoin and Zetrix, and potentially other suitable cryptocurrencies. The partnership aligns with MYEG’s strategic alliance with Web3Labs Hong Kong and Summer Capital, driving Hong Kong’s Web3 aspirations and positioning Zetrix as the preferred blockchain infrastructure for applications aligned with the Hong Kong government’s objectives. This timely collaboration comes as the SFC has begun granting approvals for spot bitcoin and ethereum ETFs to several asset managers.

TOKEN2049 London 2022 Recap

Despite torrential rain, TOKEN2049 London 2022 was a resounding success. Tickets sold out three weeks prior to the event, and 10,000 attendees braved the elements to attend. TOKEN2049 is a global conference series where decision-makers connect to exchange ideas, network, and shape the industry. 90% of attendees came from over 160 countries worldwide, showcasing the growing reputation of the UAE as a hub for innovation. Travel disruptions early in the week saw large numbers of speakers and attendees diverted, but all of whom overcame significant obstacles to attend and participate. The global representation also cemented TOKEN2049 as the marquee industry event in the calendar. Over 200 leading industry voices took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements. TOKEN2049 will return in 2025, promising an even more immersive experience for attendees.

0G Labs and OnePiece Labs Launch Incubator for AI-Blockchain Innovation

0G Labs and OnePiece Labs have joined forces to establish the OPL x 0G Incubator, a global accelerator program dedicated to fostering innovation at the intersection of blockchain technology and artificial intelligence (AI). The incubator will support early-stage enterprises exploring AI DAOs, trustless prediction marketplaces, and secure AI model frameworks, among other concepts. Applications will be accepted until June 14, 2024, with the program starting on July 1 and concluding with a demo day on September 12. Participants will receive support in deploying their projects on 0G’s Data Availability layer, mentorship from industry experts, and up to $50,000 in grant funding.

Bitcoin Runes Emerge: Enhancing Functionality and Utility of the Bitcoin Ecosystem

Bitcoin Runes, an innovative protocol introduced alongside Bitcoin’s halving event, aims to revolutionize the management of Unspent Transaction Outputs (UTXOs) on the Bitcoin blockchain. Created by Casey Rodarmor, the protocol enables direct utilization of Bitcoin’s native functionalities, eliminating off-chain data and native tokens, resulting in improved user experience, transparency, and integrity in transactions. Runes expands the types of tokens supported by the Bitcoin blockchain, potentially increasing its utility and simplifying NFT creation. Its launch has also contributed to a significant drop in transaction fees, making them more affordable for users.

7 Blockchain Stocks to Consider After the Bitcoin Halving

The Bitcoin (BTC-USD) halving event has passed, sparking renewed interest in blockchain technology and its potential to transform various industries. Savvy investors are exploring opportunities in companies leveraging blockchain technology to disrupt traditional business models. Here are seven blockchain stocks for investors to consider: Riot Platforms (RIOT), Nvidia (NVDA), Greenidge Generation (GREE), Coinbase (COIN), MicroStrategy (MSTR), Marathon Digital (MARA), and Bitdeer Technologies (BTDR). These companies offer competitive advantages, strategic growth plans, and potential for significant returns.

Kennedy Proposes Blockchain-Based U.S. Budget for Transparency

Robert F. Kennedy Jr., an independent presidential candidate, aims to enhance government transparency by leveraging blockchain technology. Kennedy plans to make the entire U.S. budget publicly accessible on the blockchain, enabling real-time monitoring by every American citizen. This measure targets financial accountability and aims to prevent wasteful government spending.

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