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Robby Yung, the CEO of Animoca Brands, has revealed that due to a shortage of capital, investors in the realm of Web3 games have become increasingly demanding when it comes to new projects. They now expect to witness substantial progress at the early stages of development.

White House Deputy Bruce Reed praised it as “the strongest set of actions any government in the world has ever taken on AI safety, security, and trust.”

LayerZero is facing criticism for its recently introduced wstETH token from nine different DeFi protocols, including Connext, Across, Celer, ChainSafe, Sygma, LiFi, Socket, Router, and Hashi. They have serious reservations about the asset, classifying it as a vendor-locked proprietary standard.

Restricted stock units granted to employees now assess the company’s worth at $19 billion, equivalent to $45 per share.

United Nations Secretary-General António Guterres has announced the formation of a 39-member advisory committee. It'll undertake analysis and advance recommendations for the international governance of AI.

In its latest report, American bank JPMorgan has noted that the U.S. Securities and Exchange Commission (SEC) might find itself facing legal challenges from applicants if it decides to deny the approval of spot Bitcoin Exchange Traded Funds (ETF) applications.

Lawyer Bill Morgan, who has been closely following the lawsuit, commented, ‘The SEC’s prospects of success on appeal are very slim, and I feel generous today, so I am giving it a 3% chance of success on appeal.’