YOU. ME. WEB3. by LAB51

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👋🏻 Welcome to YOU. ME. WEB3. and Happy Friday Subscribers!

The weekend is almost here! 🎉 Before you kick back and enjoy some August sunshine, let's take a look at the biggest Web3 stories of the week ☀️

In today’s edition:

🌊 Explore more trendy News 😎👇🏻

#AI

Microsoft AI

Microsoft and Aptos Labs announce a collaboration with the aim to integrate AI and blockchain for Web3 development, planning to enhance transparency and adoption. The announcement has generated a significant increase in price for the Aptos token (APT), which surged about 15% to $7.70 after the deal. MORE

Zoom updated its terms of service to allow for the use of customer data to train its AI models. The company will not use audio, video, or chat content for training without consent, but some users are still concerned about privacy. MORE

#CRYPTO

Cathie Wood crypto

PayPal launched its own stablecoin, PYUSD, which is fully backed by cash equivalents and short-term treasuries. It is available to PayPal users in the U.S. and can be used to transfer funds, make purchases, and convert to other cryptocurrencies. MORE

Cathie Wood, the CEO of ARK Invest, suggests that the US SEC might approve multiple spot-Bitcoin ETFs simultaneously. The claim comes after initial beliefs that her firm would be the very first one to receive exclusive approval. The new statement is in line with the overall sentiment of the crypto industry, with multiple relevant firms, such as BlackRock, betting on Bitcoin's future. MORE 

#NFT

Hyundai AI Blockchain

Amazon Prime is partnering with the NFT game Mojo Melee to give away free NFTs and in-game currency to Prime subscribers. The first offering is a free package that includes an NFT for champion characters Gwyn Rockhopper and 885 Ore. MORE

Hyundai and Kia launch AI blockchain-based system to monitor carbon emissions from supply chains. The system uses the Hedera network to record data securely and transparently. MORE

#METAVERSE

Wreck League

nWay, Animoca Brands, and Yuga Labs announced Wreck League. It is a new Web3-powered game that lets players build, own, and battle with their own unique Mech fighters. The game will launch in September 2023 and will feature a free-to-play version and a premium version. MORE

🗞️ Thanks for reading! We hope you found this newsletter informative and interesting. 🔜 If you have any questions or comments, please feel free to reach out to us.

👉🏼 In the meantime, you can check previous newsletters here or on our website!

Thanks for reading! 😊

#ai #nft #vr #ar #innovation #digitalmarketing #nft #web3