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Hong Kong facilitates stablecoin trading, Alita AI simplifies digital asset management, ZNS Connect integrates decentralized domains, and other Web3 news

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  • Hong Kong’s US dollar peg is seen as an advantage for stablecoin trading, facilitating smoother business operations for companies holding USD-backed assets, as stablecoin transactions now account for a fifth of all cryptocurrency transactions. (📰South China Morning Post)
  • Alita AI has partnered with Comet to simplify digital asset management across Ethereum and Bitcoin networks, enabling non-technical users to engage in blockchain operations without coding requirements. (📰Blockchain Reporter)
  • Ethereum co-founder Gavin Wood discusses the progress of Web3 and its integration with financial systems, emphasizing Polkadot’s focus on improving blockchain scalability and the potential for more legitimate Web3 technologies. (📰South China Morning Post)
  • A report reveals that only 13% of Web3 founding teams include women, highlighting ongoing challenges such as funding disparities and biases, while women are increasingly taking on leadership and technical roles in the sector. (📰Binance)
  • ZNS Connect has partnered with UQUID to integrate decentralized domains into online shopping, enhancing security and payment flexibility for users while expanding the accessibility of crypto-based e-commerce. (📰CoinTrust)
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