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Polygon, Avalanche and ZKsync were all hit with Discord scam attacks within 48 hours of each other. Fetch.ai has announced the creation of a new Innovation Lab in San Francisco, California, aimed at supporting early-stage startups in the artificial intelligence industry, and Gavin Wood is launching a new digital identity solution called “Proof-of-Ink,” which uses tattoos as proof of digital citizenship.
Polygon Discord compromise hits Avalanche, ZKsync hours later
Layer-1 network Avalanche and layer-2 blockchain ZKsync’s official Discord servers have also been hit with exploits less than 48 hours after the Polygon’s Discord was compromised.
In an Aug. 25 post to X, the official account for Avalanche shared that its Discord server had been compromised and urged users not to interact with or click on any links.
According to screenshots shared by members of the Avalanche Discord on X, the attackers posted several links to sham “distribution” schemes for Avalanche
AVAX $26.94 tokens, claiming that holders and community members could claim free AVAX.
An hour later, Avalanche’s community lead, Ben Well, wrote that the Avalanche team had “found” the issue and resolved it. He added that the team was working to restore the server to normal.
However, only one hour after the Avalanche exploit, the official Discord of the ZKsync was also reportedly compromised.
Hackers once again shared malicious links to a sham “round 2 airdrop” scheme, promising users free ZK tokens.
Fetch.ai launches Innovation Lab
On Aug. 23, decentralized machine learning platform Fetch.ai announced the launch of a new innovation hub to advance artificial intelligence — a technology that continues to merge with blockchain applications.
The new Innovation Lab will be based in San Francisco, California, and will back startups working on AI agent solutions or technology that uses AI to perform specific tasks for users. The company announced it would allocate $10 million annually to projects involved in AI agent technology.
“We aim to fund and support projects that bridge the gap between research and market, delivering tangible advancements that revolutionize industries through the power of AI agents,” said Humayun Sheikh, CEO of Fetch.ai.
blockchain projects and decentralized applications continue to intersect with AI technology. Earlier this month, the AI-focused Story Protocol announced it had raised $80 million from major backers, including a16z Crypto and Polychain Capital.
Proof-of-Ink by Gavin Wood: The tattoo that secures your Web3 privacy
Parity Technologies is launching a Web3 individuality solution, which is a crucial missing element for mainstream Web3 adoption.
The new solution, “Proof-of-Ink,” will enable users to prove their digital individuality in a privacy-preserving manner through a unique tattoo serving as proof of digital citizenship.
Proof-of-Ink is set to launch in the fourth quarter of 2024, according to Wood, the co-founder of Ethereum, Polkadot and Kusama.
Wood announced during a keynote speech at the Web3 Summit in Berlin:
“We are able to deploy the baseline palette and launch the app at some point this year, hopefully in the final quarter […] We are aiming to launch the other two mechanisms next year.”
While Wood teased that one of the additional two digital identity solutions is further in development, he shared no details about their mechanics.
Mainstream adoption is crucial for any technological paradigm. Experts like Wood hope Web3 adoption will create a more decentralized and user-centric internet, envisioned as a free public good to help humanity.
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