The Token2049 conference in Singapore highlighted key advancements and collaborations in the crypto industry. Ethereum creator Vitalik Buterin delivered his speech in a unique concert format and shared updates on Ethereum's progress, emphasizing the importance of mainstream adoption while maintaining decentralization. Bitget announced a partnership with LaLiga to leverage blockchain technology in sports, and Solana Mobile unveiled its second-generation Web3 smartphone called "Seeker" to further mobile development within the Solana ecosystem. Chainlink co-founder Sergey Nazarov predicted that tokenized real-world assets will surpass cryptocurrencies in value on Web3, and CertiK announced upgrades to its Web3 services with two free community security tools. Skale's CMO criticized celebrity-backed meme coins and suggested a shift towards celebrities using DApps to connect with fans. Solidus Ai Tech partnered with SambaNova Systems to advance AI in Web 3.0, and MEXC Ventures, Foresight Ventures, and Mirana Ventures established a fund to boost the Aptos ecosystem.
Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why