Crypto Guides, Knowledge & Insights

Leaders Congregate at the DavosWeb3 Roundtable to Shape the Future of Decentralized Technologies

Official website: https://davosweb3.com/　　The DavosWeb3 Roundtable unites thought leaders, innovators, investors, and industry insiders. Attendees delve into the transformative potential of decentralized technologies, addressing pressing topics such as blockchain scalability, interoperability, tokenomics, decentralized finance (DeFi), and the evolving role of Web3 in reshaping economies worldwide.　　“The Web3 revolution is here, and the DavosWeb3 Roundtable is where influential voices collaborate to chart its course. This is not an event; its a movement.” said Ajeet Khurana, founding member of DavosWeb3.　　A Stellar Lineup of Sponsors　　The DavosWeb3 Roundtable is powered by leading organizations shaping the future of Web3. Sponsors include: Antier, Aptos, DroomDroom, Ecotrader, Flex Ecosystem, Internet Computer (ICP), Kandola Network, OmniFlix, Paycio, Pertin-ant, Quranium, Reflexical, RhinoSpider, Social888, Surge, Syscoin, Unstoppable Domains, Xade, Xai Games.　　These organizations exemplify innovation, and are at the forefront of driving advancements in blockchain and decentralized ecosystems.　　Ajeet Khurana drives the Flex Ecosystem, an integrated blockchain-powered network connecting enterprises and users. Flex Ecosystem works with Web3 projects that create pathbreaking technology that creates value and scales adoption.　　Ankur Vaid leads Reflexical, a powerhouse driving innovation by empowering founders to scale, grow, and thrive in the rapidly evolving Web3 ecosystem.　　Avery Ching drives the Aptos, a next-generation Layer-1 blockchain engineered for unmatched speed and robust security.

2025-01-16Deep Dive

Jeton.AI Raises $1 Million from Paramita VC — Emerging as a Leader in AI and Web3 Integration

Jeton.AI is revolutionizing the intersection of artificial intelligence and blockchain technology through its AI agent-based decentralized transaction ecosystem and cutting-edge edge AI computing capabilities. This convergence enables seamless, efficient, and scalable solutions for decentralized applications (dApps), Web3 users, and real-time AI services. Below are the technical details of these advancements:AI Agent-Based Decentralized Transaction Ecosystem　　Jeton.AIs decentralized transaction system leverages intelligent AI agents to enable autonomous, secure, and efficient financial operations in the Web3 ecosystem. This system comprises several advanced technical features:　　1.Smart Contract Automation:　　▪️Role: AI agents interact with blockchain-based smart contracts to facilitate trustless and automated payment workflows.　　▪️Mechanism: Smart contracts ensure tamper-proof execution of predefined payment terms, reducing dependency on intermediaries and enhancing operational transparency.　　2.Dynamic Transaction Processing:　　▪️AI Agent Functionality: AI agents optimize payment routing by dynamically selecting the most efficient blockchain network, minimizing fees, and accelerating transaction speeds.　　▪️Cross-Chain Interoperability: The system supports multiple blockchain protocols, enabling seamless transactions across Ethereum, Binance Smart Chain, and other leading ecosystems.　　3.Secure Multi-Party Computation (MPC):　　▪️Purpose: Ensures privacy and security in sensitive transactions.　　▪️Implementation: MPC allows AI agents to compute encrypted inputs from multiple parties without exposing the underlying data, maintaining confidentiality while ensuring accurate results.　　4.Zero-Knowledge Proofs (ZKPs):　　▪️Functionality: ZKPs enable users to verify transactions without revealing private information.　　▪️Impact: This

2025-01-15Deep Dive

WikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change

Simone Martin　　Director of Special Projects - BVI Financial Services Commission　　Founder ve been instrumental in promoting legislative reform towards right-touch regulation. Can you explain what right-touch regulation entails and how it contributes to enhancing global financial stability？　　Right-touch regulation is my vision of a balance between all aspects of regulation – which can broadly be grouped under the regulatory activities of authorization, supervision and enforcement action – and the conduct of business. That balance means that regulators are efficient and are effective in carrying out their work promptly, while not overstepping into the activities of financial services providers.　　Businesses hate uncertainty. And in the past 23 years, firms seem to be facing more uncertainty in the face of developing regulation. That also negatively impacts global financial stability to some extent. I‘ve looked around at what leading Regulatory Authorities are doing. Over the years, regulatory regimes have become too onerous. Some will refer to the ’pendulum swing where systems will balance themselves, but it seems that the heightened risks have pushed that pendulum a bit too far. Over the years, right-touch regulation translates to many things to my mind. The top 3 that come to mind include:　　- Right-touch regulation means that threats and risks

2024-12-20Deep Dive

Why You Can’t Miss Tokyo TEAMZ Summit 2025 During the Global Web3 Bull Market

TEAMZ Summit is strategically held in April, a time when Japan enjoys its best weather of the year. The pleasant climate and the breathtaking cherry blossoms create a picturesque “pink Tokyo.” Whether youre attending with colleagues to make things happen or bringing family and friends for a combined conference and sightseeing trip, this is an excellent plan.　　From a business perspective, April is significant in Japan as it marks the first month after governmental and corporate personnel shifts, making it the true start of Q1 for Japanese businesses. This is the time when government policies, annual business plans, and strategic decisions for the year are typically announced. At TEAMZ Summit 2025, attendees will gain insights into the latest developments in Japans Web3 industry, including national Web3 strategies, financial regulatory policies, tax incentives, and the latest updates from major corporations and communities.　　Moreover, Expo 2025 Osaka, an international event with the theme “Designing Future Society for Our Lives,” will open on April 13, 2025. Focused on innovation and collaboration for global sustainability, Expo 2025 offers an additional incentive for you to visit Japan, allowing you to experience both TEAMZ Summit and the Expo during the same trip.　　If these reasons still don‘t convince you

2024-12-05Deep Dive

Multiple Solana ETF Applications to Face Initial Review Deadline on January 25, 2025

According to Bloomberg Terminal data, Solana ETF applications submitted by four institutions, including VanEck, 21Shares, Canary, and Bitwise, will face their first SEC review deadline on January 25, 2025.　　The 19b-4 filings for these four institutions were officially accepted by the SEC on November 21, 2024. As per the regulatory process, the SEC is required to make an initial decision within 45 days of acceptance, which may involve approval, rejection, or an extension.　　Notably, Grayscales earlier application to convert its Solana Trust Fund into an ETF has a slightly earlier review deadline of January 23, 2025. The market widely anticipates that the SEC may take a unified approach in reviewing these Solana ETF applications.　　

2024-12-04Deep Dive

SlowMist Releases November Security Incident Report: 21 Hacks Resulting in $76.86 Million in Losses

In November 2024, a total of 21 hacking incidents occurred, resulting in approximately $76.86 million in losses, with $25.5 million recovered. The causes included contract vulnerabilities, account hacks, and price manipulation. Additionally, there were 9,208 phishing victims this month, with losses amounting to $9.38 million.Major Security Incidents in November　　MetaWin　　On November 4, 2024, blockchain investigator ZachXBT reported that crypto gambling platform MetaWin was hacked, resulting in over $4 million stolen on Ethereum and Solana chains. According to MetaWin CEO Skel, the attackers exploited the platform‘s frictionless withdrawal system to breach MetaWin’s hot wallet.　　DeltaPrime　　On November 11, 2024, DeFi protocol DeltaPrime was attacked on Avalanche and Arbitrum, with an estimated loss of $4.75 million. The root cause of the attack was the lack of input validation in the reward claim function.　　Thala　　On November 15, 2024, Aptos-based DeFi project Thala was hacked, resulting in $25.5 million in losses. The attackers exploited a vulnerability in the projects smart contract. The team halted affected smart contracts and froze approximately $11.5 million in assets. After working with law enforcement and blockchain security teams, the project recovered a significant portion of the stolen funds, allowing the attacker to keep $300,000 as a bounty.　　DEXX　　On November 16, 2024, several users of

2024-12-03Deep Dive

This Week's Noteworthy Events(Dec 2, 2024-Dec 8, 2024)

Token Unlocks　　Dora Factory (DORA) will unlock approximately 28.57 million tokens on December 2 at 12:00 a.m. UTC, accounting for 2.86% of the circulating supply, with an estimated value of $3.5 million;　　Ethena (ENA) will unlock approximately 12.86 million tokens on December 4 at 7:00 a.m. UTC, accounting for 0.45% of the circulating supply, with an estimated value of $10.5 million;　　Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens on December 3 at 7:00 p.m. UTC, accounting for 0.69% of the circulating supply, with an estimated value of $4.9 million;　　Taiko (TAIKO) will unlock approximately 9.29 million tokens on December 5 at 12:00 p.m. UTC, accounting for 11.38% of the circulating supply, with an estimated value of $20.9 million;　　Delysium (AGI) will unlock approximately 8.57 million tokens on December 5 at 12:00 a.m. UTC, accounting for 0.67% of the circulating supply, with an estimated value of $2.1 million;　　Everclear (NEXT) will unlock approximately 20.11 million tokens on December 5 at 12:00 a.m. UTC, accounting for 18.82% of the circulating supply, with an estimated value of $2.6 million;　　Cardano (ADA) will unlock approximately 18.53 million tokens on December 6 at 12:00 a.m. UTC, accounting for 0.05% of the circulating supply, with an estimated value of $19.8 million;　　Cetus Protocol

2024-12-02Deep Dive

WikiBit Industry Insights

Hot Topics:　　• AI Agents continue to attract users and capital.　　• Base Network TVL rises to $11.47 billion, hitting a new high.　　• Ethereum surpasses $3,600 for the first time in six months, driving a broad rally in Ethereum ecosystem tokens.Market Environment　　This week, BTC prices corrected after reaching new highs, currently trading above $90,000 at $95,500. The ETH/BTC ratio has been rebounding steadily, hitting a low of 0.0318 and currently at 0.037. Ethereums price surge this week has fueled significant gains across Ethereum ecosystem tokens, including $LDO, $ENA, $EIGEN, $ENS, $ARB, and $OP.　　Stablecoin market capitalization has reached $191.622 billion, up by $5.132 billion compared to last week.　　Fueled by the AI Agent craze, substantial capital inflows have driven Base Network assets to exceed $11.43 billion, making it the second-largest Ethereum Layer 2 solution by total value locked (TVL).Policy & Regulation Update　　Italy Trims Proposed 42% Digital Asset Tax: https://news.wikibit.com/en/202411273584924299.html　　Philippines Tightens Reporting Requirements for Virtual Asset Service Providers: https://news.wikibit.com/en/202411281034701246.html　　　　Security Incident Tracking　　Pump Science Key Leak Sparks Token Fraud Concerns:https://news.wikibit.com/en/202411273864564494.html　　ZachXBT: Over $3.5M Stolen in Recent Hacks Targeting McDonalds, Kabosu Owner, and Other Social Media Accounts:https://news.wikibit.com/en/202411288044739592.html　　

2024-11-28Deep Dive

ZachXBT: Over $3.5M Stolen in Recent Hacks Targeting McDonald’s, and Other Media Accounts

On-chain investigator ZachXBT posted on X, stating: “Over the past few months, I have been tracking a series of related attacks on McDonald‘s, Usher, Kabosu’s owner, Andy Ayrey, Wiz Khalifa, SPX 6900, and others on X and IG. These attacks resulted in over $3.5 million being stolen through the launch of Pump.Fun meme coins.”　　

2024-11-28Deep Dive

Philippines Tightens Reporting Requirements for Virtual Asset Service Providers

The Philippine central bank (BSP) plans to tighten reporting requirements for Virtual Asset Service Providers (VASPs) to enhance data collection and oversight. Over the weekend, BSP issued a draft circular revealing its intention to launch a new reporting portal for all VASPs by January 1, 2025.　　The circular outlines new reporting requirements designed to address data gaps, reduce information discrepancies, improve data collection, and enhance the quality of data on virtual assets and VASPs.　　According to BSP, VASPs will need to submit 13 reports at varying intervals. Monthly reports include two submissions on transaction volume, value, and total custodial assets. Quarterly reports involve seven submissions, including data on operational offices, websites, and account holder statistics. Three reports are required semi-annually, and an audited financial statement must be submitted annually.　　VASPs are required to use existing channels for currency service business reports during the first two quarters of 2025. Thereafter, all submissions must transition to the new reporting portal unless otherwise instructed.　　Entities failing to comply with these requirements will face enforcement actions. VASPs must submit feedback on the proposed changes by December 13.　　

2024-11-28Deep Dive

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