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American company Morgan Creek Digital plans to raise $500 million for its new Web3 Venture Capital Fund, which will focus on artificial intelligence, blockchain technologies, chip manufacturing, and data processing. This initiative is part of the firm’s strategy to expand its presence in Europe, Africa, and other regions, building on its already managed assets of over $440 million. 
Tools for Humanity (TFH), the developer of the Worldcoin project, has recruited four former leaders from top tech companies (Google, Apple, and X) to enhance data privacy and security. Damien Kieran, who previously managed privacy at X, will now take on a similar role at Worldcoin. 
Data from security service provider Immunefi reveals that since the start of 2024, cryptocurrency projects have suffered $473 million in losses (108 incidents) from hacker attacks and rug pulls. Last month, the industry lost $52 million, a decrease of 20% from April 2024 and 12% from May of the previous year. Lost in Translation: The Challenge of Teaching AI Human Languages
There are around 4,000 languages written in the world according to Ethnologue. The maximum number of languages that AI-powered apps like Google Translate and ChatGPT support is below 150. These AI tools are not equally fluent in all languages. Since they are trained on vast amounts of data in English, they understand this language the best. What Is a Snapshot in Crypto
Snapshot is a common term in computation. It means capturing the state of a system or data at a certain point in time. Snapshots are often used for reference, analysis, and monitoring changes. In blockchain, a snapshot includes information about transactions, addresses, balances, and other associated data up to a specific block. What Are Decentralized Data Marketplaces?
The need for data increases. Key developments and business strategies revolve around data, including research, AI training, and marketing. Often, internet users don’t know how their data is collected and sold. Decentralized data marketplaces can solve this issue. 
The non-profit European Center for Digital Rights (NOYB) has filed a complaint against the AI developer OpenAI for breaching GDPR. As it turns out, ChatGPT can still provide inaccurate information about individuals due to AI hallucinations, contravening EU legislation that mandates accuracy in personal data. 
Microsoft is set to upgrade all of its security systems. The initiative includes accelerating response times to security breaches, enhancing personal data protection, and automating two-factor authentication processes. These upgrades were prompted by a detailed and critical report from the U.S. Cybersecurity Board. Singapore Unveils AR Contact Lenses
Researchers from Nanyang Technological University in Singapore (NTU Singapore) have innovated contact lenses with AR functionalities. These advanced lenses not only project virtual data onto the real world but also harness a novel energy source for their operation. 
The hacker group LockBit, which recently claimed to have breached the U.S. Federal Reserve and stolen over 30 TB of secret documents, only managed to release confidential data from Evolve Bank & Trust. This included information about file domains, virtual machines, and more. Growing Pains: How AI is Challenging the Decarbonization
According to experts at the World Economic Forum (WEF), the computational power used in the artificial intelligence industry is doubling every 100 days. This growth corresponds with a significant increase in the electricity consumed by data centers, presenting a complex paradox. 
Microsoft has developed a generative AI model specifically for U.S. intelligence agencies, aimed at processing the large volumes of confidential data they receive daily. This AI operates independently of the internet and is managed via a dedicated cloud infrastructure. 
What Is zkPass? A Solution for Web Privacy
Online data privacy is getting more critical with identity theft and deep fake risks. Here’s a case: a user completed verification on a platform, providing personal information. Later, the platform gets hacked and all that data gets in the hacker’s hands. To avoid this, zkPass offers privacy-preserving data verification based on blockchain. 
CiberInteligenciaSV, the hacking group behind the security breach of El Salvador's state-run Bitcoin wallet Chivo, has started leaking portions of the app's source code. They had already disclosed the personal information of almost all adult users in El Salvador (5.1 million people) who downloaded the wallet. 
