// Here is a look at some of these countries that tried their hand at creating their own digital tokens and what they have achieved in their experiments with crypto and blockchain technology. https://www.jumpstartmag.com/what-happened-to-countries-that-made-their-own-digital-currencies/ //

// Sources close to the company said Genesis Block began winding down services earlier this year and cut ties with FTX prior to the fallout. Additionally, the company used to operate one of the most robust Bitcoin ATM networks in the region, with 29 locations in Hong Kong, which it sold to a third party https://coinspectator.com/cointelegraph/2022/11/18/ftx-market-aftershock-reportedly-causes-genesis-block-to-cease-trading-in-hong-kong/ //

// Pinktada, a blockchain-based travel startup, has raised US$365,000 in its latest funding round. The amount comes on top of the US$975,000 it raised last month.

In total, the firm has bagged over US$1.3 million for the round, which has seen participation from Hong Kong-based investment firm Mandra Capital and Ireland-based fund Selenean Capital https://www.techinasia.com/pinktada-funding-mandra-capital //

// Nike稱，.SWOOSH社群成員有機會參與挑戰賽，勝出者可望跟Nike共同創作虛擬產品，並賺取版稅。他們亦可以利用相關虛擬產品，參與其他數碼遊戲及沉浸式體驗，甚至換取實物，或參與線下活動，例如跟運動員和設計師交流等 http://startupbeat.hkej.com/?p=127090 //

// When the dotcom bubble burst two decades ago, a ton of people wrote off the entire internet as a lost cause. But In 2000-2002, people kept using the internet through a financial disaster because the network provided plenty of opportunities to do useful, cheap and fun things. https://www.axios.com/2022/11/15/web3-ftx-blast-radius-crypto-dreams //

// “Blockchain protocols may be good for some things but they’re not good for Solid,” Berners-Lee said at the summit. “They’re too slow, too expensive, and too public. Personal data stores have to be fast, cheap and private.” https://futurism.com/the-byte/guy-invented-world-wide-web-ignore-web3 //

// Colin shared that scaling a community like theirs, which is physical, is not truly challenging, and the main bottlenecks are capital and the right persons that will manage such communities. The Sierra Leone Solana community also focused on building projects that solve people’s problems. https://cryptotvplus.com/2022/11/why-web3-communities-dont-scale/ //

// “While actively embracing innovation, there must be a regulatory package that adapts and keeps pace with the times to properly manage risks, create prerequisites for the orderly and vigorous development of the market.” https://coinspectator.com/cointelegraph/2022/11/13/hong-kong-to-avoid-ftx-like-scenario-through-transparency-and-supervision/ //

// The cuts come as the broader crypto industry is reeling from the high-profile struggles of the FTX crypto exchange, which have spooked crypto investors and sent crypto prices tumbling. Even before the FTX issues, Coinbase was working to keep a lid on costs as sinking crypto trading volumes hurt revenue this year. https://www.theinformation.com/articles/coinbase-is-cutting-more-jobs //