Web3 8amCoffee

Binance receives clearance to acquire GOPAX, a South Korean cryptocurrency exchange, marking an expansion into a key Asian market. The acquisition underscores ongoing consolidation among major platforms in the web3 sector and sets the stage for service integration in line with local regulatory requirements.

Japan advances a ban on crypto insider trading, positioning its framework to elevate market integrity standards across digital assets. The initiative could influence how other jurisdictions define insider information, surveillance duties, and penalties in web3 markets, potentially aligning practices across borders.

Zeta Network, listed on Nasdaq, raises $231 million through a Bitcoin-backed private placement to support growth and development. The financing signals investor interest in structures tied to digital assets and provides capital for scaling operations within the web3 ecosystem.

The Bank of Ghana targets December to have cryptocurrency regulations in place, setting a timeline to formalize oversight of digital asset activity. The plan seeks to establish clarity around licensing, compliance, and consumer safeguards while aligning market participants with national supervision.

Daylight secures $75 million to develop a decentralized energy network aimed at enabling new models for power coordination. The funding supports infrastructure that connects participants through distributed systems, aligning energy services with web3 principles of openness and programmability.