# Web3 Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Web3", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Interactive Brokers Opens 'Stablecoin Deposits': Why Is the Wall Street Giant Tearing Down the 'Payment Berlin Wall' at This Moment?

Interactive Brokers (IBKR), a major global electronic brokerage, has announced a landmark update allowing clients to deposit funds using stablecoins—primarily USDC—to trade traditional assets like stocks, futures, and forex. This move effectively bridges a significant gap between crypto and traditional finance (TradFi), addressing long-standing inefficiencies in fiat payment channels. Traditionally, cross-border wire transfers via SWIFT are slow (taking 1-3 business days), costly, and limited to banking hours. By leveraging blockchain technology, IBKR enables near-instant, 24/7 settlements, drastically reducing friction and improving capital efficiency for traders. Behind the scenes, IBKR likely partners with regulated entities like Paxos or Circle to convert USDC to USD seamlessly, ensuring compliance while using the blockchain as a new settlement layer. This strategic shift aims to attract crypto-native high-net-worth clients and institutions holding significant wealth in stablecoins, offering them a secure, compliant path to invest in traditional markets. It also signals the evolution of stablecoins from mere trading instruments to a foundational global payment infrastructure. However, challenges remain, including stringent KYC/AML requirements, address screening, and enhanced tax transparency. Despite these hurdles, IBKR’s move is a decisive step toward erasing the boundaries between crypto wallets and securities accounts, setting a new standard for the industry.

marsbit12/16 02:07

Interactive Brokers Opens 'Stablecoin Deposits': Why Is the Wall Street Giant Tearing Down the 'Payment Berlin Wall' at This Moment?

marsbit12/16 02:07

Why Web3 Chinese Entrepreneurs Are Losing Their Voice in the New Era

Chinese Web3 entrepreneurs, once dominant in the crypto industry with major exchanges like Binance and OKX, have seen their global influence decline significantly since the 2020 DeFi Summer. This shift is attributed to three main factors: stricter regulatory crackdowns in China, which disrupted local ecosystems and forced migration overseas; a structural preference shift among global VCs toward欧美-backed, compliance-focused projects; and a mismatch between the B2C-oriented experience of many younger Chinese engineers and the industry’s current infrastructure-focused, B2B development stage. While early success stories often leveraged Chinese internet mobilization tactics, newer standout projects like Hyperliquid are led by Western-educated founders with multicultural backgrounds, highlighting the growing importance of global integration. The article concludes that future success in Web3 will depend less on cultural origin and more on cross-cultural collaboration, long-term technical commitment, and adaptability to regulatory complexity.

比推12/15 14:42

Why Web3 Chinese Entrepreneurs Are Losing Their Voice in the New Era

比推12/15 14:42

The Dilemmas and Future of Web3 Chinese Entrepreneurs

In the increasingly mainstream crypto industry, Chinese entrepreneurs appear to be receding from the center stage. While early Chinese-founded projects like Binance, OKX, and Bitmain once dominated sectors such as exchanges and mining, a noticeable decline in the visibility and influence of new-generation Chinese entrepreneurs has emerged since the 2020 DeFi Summer. Three major factors contribute to this trend. First, regulatory crackdowns and shifting geopolitical dynamics in China disrupted local crypto activities, forcing entrepreneurs to relocate overseas and lose their native market advantages in user acquisition and community building. Second, capital preferences have shifted structurally toward欧美-led ventures due to better compliance alignment and exit opportunities, leaving Chinese projects at a funding disadvantage. Third, a mismatch exists between the skill sets of Chinese engineers—who excel in B2C applications—and the industry’s earlier focus on B2B infrastructure development. Notable exceptions, like Hyperliquid’s Jeff Yan, highlight the rising importance of multicultural backgrounds. Many successful new-wave founders have Western education or experience, enabling better integration into global ecosystems. The article concludes that future success in crypto will depend less on cultural origin and more on cross-cultural collaboration, long-term technical commitment, and adaptive resilience amid regulatory complexity.

marsbit12/15 14:32

The Dilemmas and Future of Web3 Chinese Entrepreneurs

marsbit12/15 14:32

South Korea Crypto Market Research Report: Market Restart and the Next Growth Cycle

South Korea's crypto market is undergoing a significant structural reset, not a collapse. Key indicators show an 80% drop in Upbit's daily trading volume to $1.78 billion by November 2025, despite a 141% increase in new token listings. The "Kimchi Premium" has compressed to 1.75%, signaling reduced speculation. This normalization stems from regulatory delays in stablecoin legislation, strict capital controls under FETA limiting foreign liquidity, and capital rotation into the surging AI-driven stock market. Despite retail pullback, global giants like Binance are entering the market, attracted by Korea's high tech adoption rate, ongoing stablecoin pilots, and growing institutional interest in custody and tokenization. The market is shifting from speculation to utility-driven growth, with exchanges emphasizing user education and real product use cases. Future catalysts include potential Bitcoin ETF approval in 2026, which could unlock pension fund investments and improve liquidity. Partnerships between global chains (e.g., Sui, Solana, Arbitrum) and Korean giants (e.g., Shinhan Securities, Lotte Group) highlight Korea's evolution into a development hub. The reset represents a maturation toward a regulated, institution-friendly ecosystem, offering a strategic entry point for builders focused on real-world utility.

marsbit12/15 14:31

South Korea Crypto Market Research Report: Market Restart and the Next Growth Cycle

marsbit12/15 14:31

Vision Announces Bitget Listing of VSN Token, Continuing International Expansion

Vision, a Bitpanda-backed protocol focused on bringing Europe into blockchain, has announced that its token VSN will be listed on Bitget. This marks another step in Vision’s international expansion, following its earlier listing on Binance Alpha. The Bitget listing is expected to enhance VSN’s liquidity and visibility in the global spot market, offering users another entry point to participate in the Vision ecosystem and its growing Web3 infrastructure. Florian Klein, Head of Business at Vision, stated that the move reflects the project’s rapid scaling momentum. VSN powers both the Vision and Bitpanda ecosystems, supporting staking, offering fee benefits, and enabling future governance. A portion of ecosystem revenue will be used for buybacks, burns, and staking rewards, allowing token holders to benefit from ecosystem growth. Vision is building a suite of Web3 products tailored to European regulations while remaining globally relevant. Its core offerings include the Bitpanda DeFi Wallet, Vision Protocol, Launchpad, and the upcoming Vision Chain for tokenization and institutional-grade on-chain infrastructure. Looking ahead, Vision plans to introduce governance, expand token utility, launch its chain, and form partnerships in tokenization and regulated digital assets. The Vision Web3 Foundation, based in Zug, Switzerland, oversees the development and governance of the VSN token.

深潮12/15 08:58

Vision Announces Bitget Listing of VSN Token, Continuing International Expansion

深潮12/15 08:58

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

Pakistan is strategically embracing cryptocurrency and blockchain technology as a key part of its economic transformation. In December 2025, the Pakistan Virtual Asset Regulatory Authority (PVARA) granted No Objection Certificates (NOCs) to two major global crypto exchanges, signaling a significant regulatory shift. With over 40 million digital asset users and an estimated annual trading volume exceeding $300 billion, Pakistan ranks third globally in crypto adoption. The country’s crypto growth has been largely grassroots-driven, fueled by high smartphone penetration (over 70%), a young population, and significant overseas remittances—over $30 billion annually—which can be processed faster and cheaper via cryptocurrencies like USDT. Pakistan’s geographic location also positions it as a potential hub for digital asset flows in South and Central Asia. Under the new regulatory framework, Pakistan is exploring a $2 billion national asset tokenization initiative, aiming to digitize sovereign bonds, treasury bills, and commodities like oil and gas to enhance transparency and attract foreign investment. This initiative aligns with broader efforts to formalize and monetize the country’s growing crypto economy while mitigating risks like fraud and money laundering. The move reflects a strategic pivot from informal adoption to state-sanctioned experimentation, positioning Pakistan as an emerging player in the global digital economy and a case study for other developing nations facing similar economic challenges.

深潮12/15 08:07

Pakistan, from 'Iron Brother' to 'On-Chain Iron'?

深潮12/15 08:07

Looking Back at the Web3 Wallet Undercurrents of 2025: What Are the Major Players Really Competing On?

In 2025, the Web3 wallet sector is undergoing a quiet but significant transformation, driven by major players integrating advanced technologies to enhance security, usability, and functionality. Key developments include Coinbase and Bitget adopting TEE (Trusted Execution Environment) for secure key management and transaction signing, Binance and OKX leveraging TEE with MPC (Multi-Party Computation) and smart accounts for improved security and cross-chain operations, and MetaMask and Phantom introducing social login features using encrypted key sharding for better recovery and user experience. The evolution reflects a shift from purely self-custodial models to hybrid approaches that balance security with convenience, enabling features like automated trading, gas sponsorship, and seamless multi-chain interactions. This transition is fueled by emerging trends such as Perps (perpetual contracts), RWA (real-world assets), and CeDeFi, which demand more complex transaction capabilities. While no new dominant wallets emerged, existing leaders are repositioning as comprehensive entry points for diverse on-chain activities, moving beyond basic asset storage to integrated financial services. The adoption of TEE and MPC technologies, alongside potential future integration with passkeys, indicates a maturation of wallet infrastructure, setting the stage for broader adoption and more sophisticated applications in the coming years.

marsbit12/15 04:05

Looking Back at the Web3 Wallet Undercurrents of 2025: What Are the Major Players Really Competing On?

marsbit12/15 04:05

Funding Weekly Report | 19 Public Funding Events, Cross-Chain Protocol LI.FI Raises $29 Million, Led by Multicoin Capital and CoinFund

Financing Weekly Recap: 19 public funding rounds totaling over $178 million were recorded. Key deals include cross-chain protocol LI.FI raising $29 million co-led by Multicoin Capital and CoinFund. Real Finance secured $29 million for RWA tokenization infrastructure. DeFi saw 8 deals, including Magma Finance's $6M raise. Web3 & AI sector had 2 deals, with AI platform Surf raising $15M. Infrastructure & tools featured 4 deals, and CeFi had 5, including MetaComp's $22M Pre-A for stablecoin payments.

marsbit12/15 03:23

Funding Weekly Report | 19 Public Funding Events, Cross-Chain Protocol LI.FI Raises $29 Million, Led by Multicoin Capital and CoinFund

marsbit12/15 03:23

Why Can HashKey Become Hong Kong's 'First Crypto Stock'?

HashKey, a licensed Virtual Asset Trading Platform (VATP) in Hong Kong, has passed the listing hearing of the Hong Kong Stock Exchange (HKEX) and is poised to become the city’s first listed crypto-native company. Its Post-Hearing Information Pack (PHIP) reveals key aspects of its business, compliance, and governance. A major strength lies in its global multi-jurisdictional regulatory compliance, with licenses in financial hubs including Hong Kong, Singapore, Japan, Bermuda, the UAE, and Ireland. This allows it to operate across borders while adhering to local regulations. The platform emphasizes strong technical and internal controls: 96.9% of user assets are stored in cold wallets, customer funds are segregated, and multi-signature approval processes are implemented. It has also developed HashKey Chain, a compliant Ethereum Layer-2 network designed for institutional use, particularly in tokenized securities, which embeds regulatory requirements at the protocol level. HashKey Holdings is incorporated in Cayman Islands and has established a corporate governance structure aligned with HKEX standards, including a board with independent directors and a fully independent audit committee. Its potential listing is seen as a significant milestone, demonstrating that Web3 businesses can operate within regulatory frameworks. It also reflects Hong Kong’s supportive stance toward virtual asset innovation. However, ongoing compliance across multiple regions entails high and continuous operational and legal costs.

marsbit12/14 06:44

Why Can HashKey Become Hong Kong's 'First Crypto Stock'?

marsbit12/14 06:44

Weekly Selection丨Fed Cuts Rates by 25 Basis Points Again, Crypto Market Rebounds; Multiple Industry Experts Conclude Four-Year Cycle Invalidated

PANews Weekly Digest: The Federal Reserve cut interest rates by 25 basis points, highlighting internal dissent with three opposing votes. Experts debate whether Bitcoin's four-year cycle is ending as the market seeks a bottom. Multiple outlooks for 2026 suggest growth in app-chains, AI-driven crypto networks, and real-world asset tokenization. Despite the bear market, some analysts believe ETH has entered a value "buying zone." AI remains a hot topic with projects like Surf AI and x402 protocol upgrades gaining traction. Tether’s new chain, Stable, faced a rocky start amid tokenomics and trust issues. Regulatory and adoption developments are noted in Brazil, UAE, and Russia, where crypto is reshaping finance outside SWIFT. Other key updates include Circle’s privacy-focused USDCx, Binance’s move to Abu Dhabi, and a potential $2B funding round for Bitget Wallet.

marsbit12/13 01:37

Weekly Selection丨Fed Cuts Rates by 25 Basis Points Again, Crypto Market Rebounds; Multiple Industry Experts Conclude Four-Year Cycle Invalidated

marsbit12/13 01:37

活动图片

Hot Categoriesright-arrow

Hot Tagsright-arrow

Bitcoinright-arrow

Project Updatesright-arrow