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What to Expect from Ethereum’s Pectra Update?
Slated for February 2025, the Pectra update could redefine how users engage with decentralized services on Ethereum’s network.
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UK Gears Up for the November AI Summit
Today, key aspects of the summit's agenda were revealed, giving priority to risk management and support strategies.
Leaders from major countries, top tech organizations, academic circles, and civic groups will converge at the event to discuss expedient actions in the cutting-edge arena of AI development.
The UK's representatives are of the opinion that fostering AI investment could significantly benefit society and economic productivity, but only if done within a regulatory framework.
“Without appropriate guardrails, this technology also poses significant risks in ways that do not respect national boundaries. The need to address these risks, including at an international level, is increasingly urgent.“ 
WhiteBIT: Metalist 1925 Lives On!
The escalating missile attacks on Ukraine by the russian terrorists devastated the assets of the sponsor championing the rejuvenated football club "Metalist 1925." Facing financial collapse and potential dissolution, the team has found a lifeline through a timely partnership with the renowned cryptocurrency exchange, WhiteBIT! Ethereum Gains Support from Solana Amidst MakerDAO Developments
After the announcement that MakerDAO intends to roll out a new version of its platform on Solana, Anatoly Yakovenko suggested this shouldn't be viewed as a challenge to Ethereum. In his perspective, MakerDAO's move accentuates the merits of open-source solutions rather than the superiority of one blockchain over another, especially given Ethereum's pivotal role in research for numerous developers. "Ethereum is awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make Solana special were built based on Ethereum’s r&d," commented the Solana co-founder. Meanwhile, Ethereum co-founder Vitalik Buterin has sold all his MKR tokens for 353 ETH. 
What Is a Rekt Test and How to Pass It?
The Rekt Test is a specialized questionnaire developed by a team of web3 security experts, spearheaded by Dan Guido, the CEO of Trail of Bits. Trail of Bits is a cybersecurity company whose clientele includes notable organizations like Facebook and the Pentagon's Defense Advanced Research Projects Agency (DARPA). 
Base's Ascent: Now a Top-3 Contender in Layer 2 Solutions
The rollout of Aerodrome, a low-fee token swap platform, has propelled Base's Total Value Locked (TVL) to a noteworthy $400 million. This milestone has not only allowed Base to outpace zkSync Era, which stands at $384 million, but also fueled a 56% TVL growth for Base in the past week alone. "The growth has been extraordinary and is a validation of our thesis that ecosystem native DEXs can win," said Alexander Cutler, co-founder of Aerodrome, Cocone: A Digital Entertainment Studio Enters the U.S. Market
Established in 2008, Cocone is more than a digital entertainment studio from Japan; it's a game changer, pushing boundaries in the contemporary world. While its innovations primarily graced Asian markets in the past, America is set to embrace them by the end of 2023. 
China Mobile Launches World's First Metaverse 5G Network
This offers access to a variety of metaverse services and applications, including digital football, live broadcasts, social interactions, and official digital personas within the metaverse. The 5G super network is situated in Beijing Workers’ Stadium. Furthermore, the Gongtai Meta Universe GTVerse experience center is set to commence internal testing in October. 
Cryptocurrency skeptic elected as Singapore's president
With 70.4% of the vote, 66-year-old Tharman Shanmugaratnam has been chosen as Singapore's new President. Formerly the Finance Minister and Central Bank head, he'd expressed that cryptocurrencies are "purely speculative assets" and "slightly crazy." A $16 million security breach impacts Stake betting service
Hackers managed to drain 6000 ETH, 3.9 million USDT, 1.1 million USDC, and 900,000 DAI from the company's address.
Tongue-in-cheek, one might say Drake was responsible for the audit.
UPD: Hacken has disclosed that an initial cyber theft of $20.69 million was executed on the Ethereum network, which was followed by subsequent heist amounting to $25.6 million across the BSC and Polygon networks.
The project's team has not yet commented on the breach.
The only information available is a Telegram channel update, indicating technical maintenance for the withdrawal of ETH, USDT, and ERC20 tokens. 
France's Data Watchdog Investigates Worldcoin
The French Data Protection Agency (CNIL) has conducted inspections at Worldcoin's Paris office due to concerns about the company's biometric data collection practices. Worldcoin, co-founded by ChatGPT CEO Sam Altman, scans users' irises in exchange for a digital ID and the promise of free cryptocurrency. The Worldcoin Foundation, incorporated in the Cayman Islands, has expressed its willingness to undergo the review and affirms its commitment to complying with regulatory requirements. 
StarkWare & Herodotus Break Ethereum Data Barriers
London's Herodotus, in collaboration with StarkWare, has launched an "on-chain accumulator" tool that lets users read and verify any part of Ethereum's history. This tackles Ethereum's current limitation of validating only the last 256 blockhashes.
The tool uses "storage proofs," a cryptographic method, to confirm the validity of data. This could be a game-changer for creating permissionless account recovery systems and insurance protocols that rely on historical on-chain data. AI in Healthcare: The UK's Latest Financial Endeavor
In the world of artificial intelligence and robotics, healthcare stands out as a priority for numerous investors and researchers. The British government is no different. They've dedicated £13 million towards investigating AI applications in healthcare. China Aims to Establish Control Over the Metaverse
The UN’s ITU (International Telecommunication Union), responsible for global telecom standards, is now a hotbed of geopolitical tension between China and the West. China is assertively introducing its authoritarian views to the ITU's Metaverse committee. 
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