Asia Express: North Korea vs. Blockchain, Huawei NFTs, Toyota’s hackathon


  • Huawei files for eight trademarks pertaining to “YunYunBao” NFTs.
  • Toyota Sponsors Astar for its Web3 hackathon.
  • According to Chainalysis, North Korea stole an estimated $1.7 Billion from DeFi in 2022.

According to a January 28 article by Sina News, the Chinese telecom company Huawei recently filed for eight trademarks pertaining to its Huawei “YunYunBao” non-fungible token (NFT) series. 

In a post on Medium on February 1, the creator of the Japanese blockchain Astar Network, Sota Watanabe, claimed that Toyota had sponsored Astar for its most recent Web3 hackathon. Astar is presently a parachain built on the Polkadot network.

According to a report released on February 2 by the blockchain forensic analytics company Chainalysis, North Korean hackers stole an estimated $1.7 billion out of the $3.8 billion in funds that were siphoned from decentralized finance (DeFi) protocols in 2022.  

As it is not a game developer and does not have a game development team, Changpeng Zhao, CEO of cryptocurrency exchange Binance, said during a Q&A session on January 14 that the company is “more open to just investing in other virtual reality or metaverse games.”

Digital assets entrepreneur Justin Sun has addressed the claims that his exchange Huobi gave Chinese tax authorities client information. Huobi “doesn’t share any client information to tax authorities unless it follows international judicial assistance procedures,” the founder of TRON stated in a tweet.

Chinese entrepreneur Lin Li has devoted his time to managing Hong Kong blockchain investment holdings company New Huo Technology since selling his entire stake in Huobi to Sun’s About Capital last October.

According to Bitzlato’s co-founder, a Hong Kong-based cryptocurrency exchange that was shut down by American authorities last month, the platform will reopen. In a YouTube interview on January 31, Russian citizen Anton Shurenko asserted that up to 50% of the money found in confiscated hot wallets would be accessible at that time.