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YZi Labs invests in OneKey, Hashed Ventures receives investment, Federal Court overturns Block Earner ruling, and other Web3 news

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  • YZi Labs has invested in OneKey, an open-source hardware wallet firm, to enhance crypto security amid rising threats, while OneKey plans to expand its hardware and compliance efforts following significant sales growth. (📰Crypto Economy)
  • Hashed Ventures received a strategic investment from SMBC Nikko Securities for its Hashed Venture Fund III, signaling increased collaboration between Japan’s financial sector and the blockchain industry. (📰AsiaTechDaily)
  • The Full Court of the Federal Court overturned a previous judgment against Block Earner, which was found to have operated an unregistered managed investment scheme, while ASIC seeks to appeal to clarify the definition of financial products in relation to cryptoassets. (📰Law Society Journal)
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