Binance on Wednesday stepped into the final stages of its annual community event, Binance Blockchain Week. The theme of this year’s event is ‘Momentum’, through which crypto exchanges will recognize the continued growth of the Web3 sector over the past year despite global regulatory, legal and technological challenges. We are aiming for Senior Binance executives, including CEO Richard Teng and co-founder Ye Hai, attended the event and interacted with a crowd of more than 4,000 people gathered at Dubai’s Coca-Cola Arena, which the exchange claims did.
Khalfan Belhoul, CEO of Dubai Future Foundation, also joined Teng on Wednesday to discuss regulatory advances in the cryptocurrency space, stablecoins, asset tokenization, and the potential of blockchain and Web3 technologies. We talked about a variety of topics, including practical use cases. Sector.
The day will feature multiple panel discussions, focusing on topics such as crypto-related investment trends, unique market conditions, and the growing interest of venture capital firms in exploring early-stage crypto startups and projects. It will be done.
The next panel will focus on creating a regional blueprint designed to foster global success.
Gain insights to succeed in a variety of markets through a strategic approach from industry experts. pic.twitter.com/E14sHtPUAC
— Binance (@binance) October 30, 2024
Against the backdrop of this event, Binance announced the launch of Binance Wealth, a new service that caters to the special needs of high net worth individuals (HNIs). Additionally, the exchange has appointed Jeff Lee as vice president of product. Mr. Lee will be tasked with overseeing the expansion of Binance’s suite of products in the coming months. Prior to joining Binance, Mr. Li served as Global Head of Finance at TikTok.
Web3 players such as Pepe Coin, Iota, Solana and The Ton Foundation set up booths at Coca-Cola Arena and interacted with Web3 enthusiasts who came to Dubai from all over the world.
Over the next two days, crypto industry insiders will take a deeper dive into the challenges and opportunities currently facing the crypto industry. Panels that will be part of the event will also touch on the predicted migration of Web2 technologies to Web3, the integration of artificial intelligence (AI) into Web3, and the future of institutional investors in cryptocurrencies despite a volatile environment. It is expected. Elements of virtual digital assets (VDA).
Blockchain trends that have emerged in recent years, the need for upgrades to existing Web3 infrastructure, and the growing importance of Web3 compliance needs are among the topics expected to be addressed by panelists.
The afternoon session delved into the challenges and opportunities in the cryptocurrency space. Topics include Web2 companies’ reluctance to adopt Web3 technologies, the health of the institutional market, and the potential of generative AI in Web3.
Elliptic founder Tom Robinson, Sandbox co-founder Sébastien Borget, and Polygon Labs’ Sandeep Nailwal will discuss ways to improve the end user experience of the Web3 protocol as part of a scheduled session.
Last year, Binance held its annual blockchain conference in Istanbul, Turkey.
