The Monetary Authority of Singapore (MAS) added imToken, a non-custodial Web3 wallet service provider based in Singapore, to its Investor Alert List (IAL). In response, imToken stated that it was added to the IAL because its headquarters are in Singapore and it has not applied for a Singapore financial business license. It should be noted that due to imToken's decentralized wallet nature, user assets are not affected by this inclusion in the IAL.

Web3 education platform Open Campus will launch its decentralized identity identification Open Campus ID on January 23. Open Campus ID will enhance the educational experience and provide learners with control over their educational data, thus providing support for students, educators, and educational institutions around the world. In addition, the Open Campus accelerator OC-X will deploy a $10 million fund and introduce 100 educational startups. OC-X has introduced several companies such as Skizaa, EduCup, Collective, Atiom, and Patika.dev to the Open Campus alliance, with a total of 1.8 million learners.

“This is the most fun I had onchain in a long time”— creators and users of BasePaint. Let me tell you a story about building BasePaint, a collaborative pixel art project that is unlike what you typically see in the crypto space. I’ve been writing this post for the last 100 days and did my best to make sure it’s not too boring. Buckle up and consider minting!

Maincard.io, a Web3 sports fantasy manager that allows users to potentially earn rewards by playing, has entered the esports arena by formalizing a contract with Community Gaming and signing an ambassador agreement with B8, a prominent Ukrainian esports organization founded by Danil “Dendi” Ishutin. Maincard.io aims to allocate up to $500,000 to engage with the world of esports in 2024 and establish a notable presence in the industry. The partnership with B8 is a strategic move for Maincard.io, as it positions the company to leverage Dendi’s influential presence and the collective achievements of his entire team. Maincard.io also plans to collaborate with renowned celebrities from the esports world and create a special collection of game cards featuring all esteemed ambassadors.

AI-driven Web3 tracking platform TrendX announced the completion of a $1 million seed round of financing, with participation from Foster Labs, Web3Link, Coresky, Tripod Capital, CatcherVC, MIIX Capital, and others.

Binance has announced that its Web3 wallet has introduced new chains and enhanced exchange options, including access to 29 DEX and 15 bridges. The wallet now also has 19 new integrated dApps, offering extended access to services in the DeFi, gaming, and other fields. This update also includes optimized home and exchange pages, and simplified UI experience.

Payment giant Visa announced on Thursday that it will launch a Web3 loyalty service, which includes gamified rewards and immersive treasure hunt activities. The customer engagement platform, called the Visa Web3 Loyalty Participation Solution, will allow brands to create digital wallets to store reward points and experiences on behalf of consumers.

The a16z crypto Regulatory Update is a series that highlights the latest crypto regulation and policy happenings relevant to builders in web3 and crypto, as tracked and curated by the a16z crypto regulatory team. The roundups are based on recent news, the latest updates, new guidance, ongoing legislation, and frameworks released by regulatory agencies/bodies, industry consortia and professional associations, banks, governments, and other entities as they impact the crypto industry (or applications) around the world. We also occasionally include select other resources such as talks, posts, or other commentary – from us or from others – with the updates.

CertiK stated on social media that there were 751 security incidents in Web3 in 2023, resulting in losses of approximately 1.84 billion US dollars, a 51% decrease from 2022. Among them, the total loss of private key leakage incidents in 2023 exceeded 880 million US dollars, which was the highest among all types of incidents. The total loss of security incidents on Ethereum was 686 million US dollars, which was the highest among all chains. In addition, 35 cross-chain security incidents caused huge losses of nearly 800 million US dollars, highlighting the need to pay attention to interoperability vulnerabilities.

“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It’s the truth.” - Steve Jobs