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Peter Thiel: From PayPal Co-Founder to Technology Visionary
Peter Thiel is a pivotal figure in shaping today's tech and entrepreneurial landscape. From his early roots as an innovative thinker and co-founder of PayPal to his foresight as a leader in the tech realm, his trajectory is dotted with impressive milestones and significant controversies. 
Justin Bieber's popular track "Company" is getting the NFT treatment. On September 7, music tech platform anotherblock and co-producer Andreas Schuller, aka Axident, will release the song as a limited NFT — only 2,000 will be available. Fans who buy the NFT will get a 1% share in the song's royalties, while Axident retains the rights. Michel D. Traore, CEO of anotherblock, emphasized that this NFT initiative not only shines a spotlight on producers but also introduces the masses to Web3 technologies. 
Researchers from the University of Cincinnati have crafted a crypto literacy scale (CLS) to gauge and standardize understanding of cryptocurrencies and related tech among consumers and policymakers. Their study, "Measuring Crypto Literacy," emphasizes the difference between traditional financial literacy and crypto literacy. The team believes that while financial literacy helps prevent scams, there's a distinct need for a crypto-specific scale. 
Narendra Modi speaks in favor of an integrated approach to new technologies. As tech progress accelerates, he advises the global community to establish wide-reaching rules and a collective strategy.
"At the same time, the rules, regulations, and framework around it should not belong to one country or a group of countries. So not only crypto, but all emerging technologies need a global framework and regulations," highlighted India's Premier. 
Social app friend.tech has recorded protocol fees amounting to more than $1.42 million within the past 24 hours, positioning it among the top three crypto projects in terms of user-paid fees. It now stands as the third-highest project for user-paid fees, following Ethereum and Lido Finance, according to data from DeFiLlama. Built on Coinbase’s Base Layer 2 chain, friend.tech is a social app that integrates with X (Twitter). It allows users to trade tokenized shares linked to each other’s profiles. Shareholders enjoy exclusive content access and private chat rooms in X. 
House Democrats have initiated a working group dedicated to artificial intelligence (AI) with the aim to craft legislation surrounding this tech.
The group, chaired by Representative Derek Kilmer, will explore leveraging AI for growth while ensuring job security for those impacted by AI advancements.
A primary concern is the rise of AI-generated misinformation, especially deepfakes. 
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.“ 
In a recent tweet, the Friend․tech team opened up about their awareness of potential rivals and clones entering the market.In response, they shared a cautionary post on X (Twitter): “...users moving to forks and copies will automatically opt out of earning Points and forfeit existing points. They will be able to use the app normally.” 
Friend.tech Project Overview: Challenges and Prospects Analyzed
Friend.tech stands as a distinctive cryptocurrency venture built on the Base blockchain. It empowers users to invest in shares of influencers and celebrities, granting exclusive communication access to these notable figures. Moreover, there's an exciting opportunity for potential profits as these shares gain value over time. 
The immense wave of transactions and heightened user activity took Shibarium by surprise, causing some tech glitches, says Shytoshi Kusama, the co-founder of the Shiba Inu ecosystem.
He's also quick to debunk the rumors about funds getting stuck in the bridging contracts, terming it as pure FUD.
"Although we expected a very busy moment, we never expected THIS much traffic, instantly," reflects Shytoshi Kusama.
At its launch, the Shibarium team tackled a load of 160 million computational tasks in a span of about 30 minutes, while anticipating only 400 million within a month. 
Dubai is launching an aggressive campaign to attract tech giants in artificial intelligence and Web3, offering hefty subsidies that could cover as much as 90% of commercial licensing fees.
The Dubai International Financial Centre (DIFC) has been assigned the duty of issuing these licenses, and its executives look forward to engaging foreign businesses and investors with optimism. 
The U.S. Federal Reserve's instant payment system, FedNow, has highlighted Dropp, a micropayments platform built on Hedera Hashgraph, in its Service Provider Showcase.
This section connects financial institutions with providers that can assist in implementing instant payment products using FedNow. Dropp offers a digital solution for merchants to accept payments at reduced costs, leveraging DLT and banking tech.
While this suggests the Federal Reserve's growing interest in DLTs, FedNow clarifies that the showcase is merely for convenience and doesn't imply endorsement.