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Instar Surpasses over 275000 Wallets, More Growth Expected in Future

Published

4 years ago

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Instar recently announced on Twitter that they just passed 275 thousand verified $INSTAR wallets. The network encourages more people to keep the momentum going by buying $INSTAR tokens and using the app. 

Instar launched in 2021, as a product of Insight network. The idea was to create a crypto network focused on data solutions to ensure that data owners (providers) benefit from their data. Using Instar, Data owners can consent to sell their data and receive money for it. 

Today, large organizations take part in stealing people’s data and selling it. Those networks(data brokers) gain access to people’s data without any consent. Social and e-commerce networks face critics for engaging in data malpractices. 

Instar network’s goal was always to return the power of data to their owners. As such, with time, the large brokers will lose their control over user data. Instead, individual data owners can choose to sell personal data for tokens like $Instar, Dai, and EOS. 

Using Instar, providers sell their information to sanctioned parties(requester). Requesters are large institutions that use the data for research and marketing. To provide data solutions, Instar introduced a wallet and app which has been gaining fast adoption recently. 

Crossed 275 Thousand $INSTAR Wallets

The Instar wallet is one of the major tools running in the network. The wallet is currently available for desktop and mobile phones. But, it’s limited to only android but could launch on iPhone in the future. On Twitter, Instar announced that they had crossed 257000 Instar wallets. 

The growth of Instar wallet users has been impeccable in the past few weeks. On October first, the network crossed 265 thousand verified Instar wallets. The above means that at least 265 thousand people were actively using the services then. Fifteen days later, the network hit 275 thousand, a 15 thousand increase. 

Live stats on their website shows that the network has 276000 contributors and 112 million staked tokens. The milestone proves that more and more people enjoy the services of the network and its benefits. Instar encourages people to continue buying instar tokens and register for services.

Mobile Phone Usage Milestone

As the network experiences growth, there has also been a milestone in mobile phone usage. Of the 275 thousand wallets, at least 100 thousand users are mobile-based. Instar reported recently that their google app hit 100 thousand downloads recently. 

Currently, the network is only available for android phone users. Since there is a whole large market of iPhones, Instar is still in development to suit everyone. It’s updating, fixing bugs, and introducing new features for more security and efficiency. Mobile users need to continue updating to experience more features. 

Instar Fosters Privacy and Security

Of course, as a data network, security is a vital aspect to consider. The network must ensure that all data collected or passing in its system is left private. As such, the network allows you (data provider) to control your data. You can select the information to share and people to share with. After sharing your information, you receive payments in the form of Instar tokens. 

On reception of your data, Instar keeps it safe. It has a team of trained professionals to safeguard the privacy of data.

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Press Release

Bitfire Group Joins Hong Kong Web3 Festival as Diamond Sponsor

Published

3 days ago

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April 4, 2026

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Hong Kong, 4th April 2026 — Hong Kong Web3 Festival 2026 is proud to announce Bitfire Group as a Diamond Sponsor.

Under a high-standard regulatory framework, Bitfire Group has established a globalized Web3 ecosystem centered in Hong Kong with an expanding international footprint. Its core business pillars include Bitfire Premium, a world-leading private banking-grade digital wealth steward, and BitTrade, a licensed digital asset exchange in Japan.

Dedicated to the advancement of digital financial infrastructure, Bitfire Group provides one-stop, private banking-grade, and full-lifecycle digital asset wealth management services to high-net-worth individuals (HNWIs), family offices, and institutional clients. The Group is committed to becoming a preeminent global leader in the digital asset industry. More information: https://bitfire.com/

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Phil Kang, CEO, ZR Financial Group
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development
DIAO Zhihai, Head of International Business of Wealth Management, CICC
Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital
David Lee, Chairman, Global FinTech Institute
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
……

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

ZA Bank Confirms Participation at Hong Kong Web3 Festival

Published

3 days ago

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April 4, 2026

By

Hong Kong, 4th April 2026 — Hong Kong Web3 Festival 2026 is proud to announce ZA Bank as a Diamond Sponsor.

ZA Bank is Hong Kong’s №1 Digital Bank. More information: https://bank.za.group

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

AltLayer Announced as Gold Sponsor for Hong Kong Web3 Festival 2026

Published

3 days ago

on

April 4, 2026

By

Hong Kong Web3 Festival 2026 is honored to welcome AltLayer as a Gold Sponsor.

AltLayer builds infrastructure and autonomous agents for interacting with on-chain systems. Explore blockchain data, automate workflows, and build intelligent applications on decentralized networks: https://altlayer.io

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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