#tech

Over the past month, a remarkable 27.5% of daily Base users (20,000 wallets) have consistently engaged with the social application Friend․tech, with peaks reaching an impressive 50%.

Friend.Tech users can now enable 2FA to enhance the security of their accounts when facing potential breaches of their mobile carrier or email service.

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.

A high-profile user of Friend.Tech, known as @Vombatus_eth, has sold 176 keys worth $1.5 million, to switch to New Bitcoin City, a Bitcoin-based social app.

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.”