Verifiable Private Identity
Zero Knowledge Proofs: What They Are, How They Work, and Why Your Business Needs Them
Discover how zero-knowledge proofs prove compliance, block fraud, and slash breach costs without revealing customer data.
Terminal 3
Global Regulations
Vietnam Legalises Digital Assets Under New Digital Technology Law
Discover how Vietnam’s Digital Technology Law defines crypto assets, mandates strong KYC / AML controls, and how Terminal 3’s ZKP identity rails keep firms compliant.
SO WHAT?
Stablecoin payment adoption is rocketing— and this is only the beginning
GM, Shopify, Stripe, PayPal, Visa, Uber, Apple, Google… these are some of the companies that have integrated or are considering integrating stablecoins into their business. We wrote about the potential of stablecoins nearly 18 months ago, but the concept of digital money has rapidly gained traction even over that short
SO WHAT?
Can MANTRA regain trust and momentum after a 95% token price drop?
GM, Launching a token can make founders of Web3 startups rich—and in far quicker time than it takes to be acquired or go public in an IPO. Cryptocurrency markets are liquid, but that can also spell peril for companies if their token price falls. That’s the subject of
News
Letter from the Founders: Seed Round Reflections and Thanks
Dear Friends, When we founded Terminal 3, we were imagining what the internet could be if it were truly equitable. We envisioned a digital world where privacy is a right not a privilege, and where businesses can innovate without compromising trust. Our mission is to prove that data should be
News
Terminal 3 Raises US$8mn Seed Round to Scale Privacy Technology In New Age of AI
Hong Kong, 30 April 2025: Terminal 3, a Hong Kong-based Web3 startup, has successfully raised a seed funding round of US$8m. The investment will drive the development of a novel data privacy and security protocol due for launch later in the year and accelerate the adoption of the company’
SO WHAT?
Circle IPO: A unique money printing model that will divide investors
GM, Circle’s IPO has been talked about for a number of years, and finally it just took a big step to reality after the US firm—which issues popular stablecoin USDC—filed to go public on the New York Stock Exchange (NYSE). This week we’re digging into its
SO WHAT?
The growing convergence between traditional payment and finance and Web3
GM, This week we’re looking at the growing convergence between traditional finance and payments and the Web3 industry. This year alone, billions have been spent on acquisitions both ways and companies on both sides are likely to increasingly look like each other. Let’s dive in! Best, Jon and
SO WHAT?
3 big takeaways from the record $1.5 billion ByBit hack
GM, It’s been a month since Web3’s largest ever hack took place: ByBit lost $1.5 billion at the hands of North Korea-affiliated hackers. The audits are in, the real-time stories have been written, but what are the bigger takeaways from this catastrophic event? Our newsletter this week
SO WHAT?
The SEC Just Flipped on Crypto: What It Means for Web3
Dropping 2-year-old Coinbase lawsuit signals a major shift in US crypto regulation
SO WHAT?
USA, AI and developers: what does 2025 have in store for Web3?
Our predictions for this year and our review of last year’s forecasts
SO WHAT?
Our 10X recap of Web3 in 2024
GM, Happy New Year! We enjoyed a restful festive period here at SO WHAT and we are excited to be back. How excited you ask? Excited enough to 10X our annual recap, which includes 30 must-note topics from the year that was 2024. Stand by for our predictions, which will