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Ennea Capital Partners, Falkensteiner Ventures, Trips Community, Chain4Travel, and other key players in the travel sector have unveiled Tectris, a program set to nurture startups developing blockchain, cryptocurrency, and artificial intelligence (AI) technology to revolutionize the travel industry, according to the latest information shared with Finbold on June 10. Leading the charge in the quest for a Web3-oriented travel industry, Tectris will focus on advancements like tokenization, decentralized ownership, and automated trust protocols. Tectris is a remote program with a registration deadline of July 31, 2024. Semi-finals will be held in scenic Umbria, Italy, during the Web3 in Travel Conference on September 3–4, 2024, with the finals scheduled for Q4 2024 in Vienna, Austria. Picks for you Here's when Shiba Inu will hit 1 cent, acc...

Huobi Korea implements upgrades and restrains some services for improved exchange. Huobi Korea to terminate local virtual asset services on Jan 29 due to industry concerns. Recent changes in ownership and proof of reserves showcase resilience and commitment. In a strategic move, Huobi Korea has announced the termination of its local virtual asset trading services. As per the official notice on its website, the termination is scheduled for January 29, underscoring concerns about the current industry environment. This decision is attributed to the evolving industry landscape and is part of the exchange’s broader initiatives for brand renewal and system upgrades. Huobi Korea’s termination This bold move aligns with the exchange’s proactive measures to adapt to changing market dynamics. Huobi Korea has not only restricted some services but is also undergoing brand renewal and system upgrades, signalling its commitment to offering enhanc...