Gate News message, April 24 — OpenAI engineer Clive Chan has raised detailed objections to the hardware recommendations chapter in the V4 technical report, calling it "surprisingly mediocre and error-prone" compared to the acclaimed V3 version. V3's hardware guidance, which included Q&A sessions

Gate News message, April 23 — Airwallex, a financial and payments technology company, plans to launch operations in Indonesia and Vietnam this year after acquiring licensed entities in both markets. The company will operate under its own brand and is building local teams, including business

Hong Kong's Financial Secretary Paul Chan announced the unveiling of a new list of key enterprises, attracting over 100 businesses valued above 100 billion HKD in sectors like life sciences, AI, and fintech, highlighting Hong Kong's appeal for international investment.

Marc Zeller of Aave announced his proposal to end the Aave-Chan Initiative Frontier project. He will exit his validator roles, return ETH to protect wETH depositors, and forgo potential income to minimize user impact. Zeller has significantly influenced Aave's incentive mechanisms and plans to exit Aave in July.

Singapore Gulf Bank has introduced a stablecoin conversion service for corporate and high-net-worth clients, enabling zero-fee fiat-to-stablecoin transactions on the Solana network. It supports multiple blockchains and enhances liquidity management.

Singapore Gulf Bank launched a stablecoin minting and redemption service for corporate clients, allowing conversions between fiat and USD stablecoins with no fees on Solana for transactions over $100,000. This aims to enhance cash flow and boost USDC adoption.

The SFPA advocates for lowering financial thresholds for dual-class shares in Hong Kong to attract more innovative companies, proposing new requirements aimed at easing entry for mid-sized tech firms and enhancing the city's competitive edge.

Hong Kong's Finance Secretary Paul Chan expects the city to rise to the world's second-largest financial center in 10-15 years, emphasizing its adaptability, tech growth, and strong ties to mainland China while addressing stablecoin regulations.

Hong Kong's Financial Secretary Paul Chan reported strong economic performance driven by exports, services, and goods trade, alongside steady consumption and rising private investment. He emphasized the city's robust stock market and the need for financial stability to enhance competitiveness.

Hong Kong's ICAC charged Chan Chau-wan for allegedly bribing KPMG managers with HK$400,000 in 2010 to facilitate Honliv International's IPO. The KPMG assistant manager reported the bribe, leading to an investigation.