HONG KONG — CoinDesk concluded Consensus Hong Kong on Thursday with north of 11,000 attendees visiting booths and stages.
While Day 1 focused on institutional projects and professional investor audiences, Day 2 concentrated on developers. Representatives of the Bitcoin, Ethereum and Solana communities all spoke about the challenge of scaling their networks and the tools needed to support growing user bases.
World Liberty Financial, the crypto project linked to US President Donald Trump and his family, plans to launch a foreign exchange platform called World Swap, which co-founder Zak Folkman said will target cross-border transfers. World Swap will use USD1 stablecoin and charge less than traditional transfer providers, which can impose a cost of up to 10% per transaction. transaction.
The institution-focused LayerZero blockchain will transition to Cardano, and the privacy-focused Midnight mainnet will go live next month, Input Output Global CEO Charles Hoskinson said on stage. In a question-and-answer session, he added that Midnight would not be aimed at deeply committed privacy users who could use ZCash and Monero.
Binance co-CEO Richard Teng defended his company against accusations that it played a large role in the October 10 liquidation event, which liquidated $19 billion. Instead, macro shocks caused a broader market decline, he said.
Consensus Day 2 also saw zkME win the Consensus PitchFest and FoundrAI win the Easy A x Consensus Hackathon.
Both of these events return on the 5th-7th. May, when CoinDesk hosts its flagship North American Consensus – this time in Miami.
