Polygon, Avalanche, and ZKsync were subjected to Discord phishing attacks within 48 hours of each other. Fetch.ai announced the establishment of a new Innovation Lab in San Francisco, California, aimed at supporting early-stage ventures in the artificial intelligence sector, and Gavin Wood is launching a new digital identity solution called Proof-of-Ink, which uses tattoos as proof of digital citizenship.
Hackers Target Discord Pages
Layer-1 network Avalanche and Layer-2 network zkSync’s official Discord servers were hit by hack attacks less than 48 hours after Polygon’s Discord was compromised. On August 25, Avalanche’s official account shared on X that its Discord server was compromised and urged users not to interact with any links.
According to screenshots shared by Avalanche Discord members on X, the attackers sent several links to fake distribution schemes for Avalanche, claiming that owners and community members could claim free AVAX. An hour later, Avalanche’s community leader Ben Well wrote that the Avalanche team had found and resolved the issue. He added that the team was working to restore the server to normal. However, just an hour after the Avalanche breach, zkSync’s official Discord was also reported to be compromised.
Fetch AI Team Takes Notable Step
On August 23, the decentralized machine learning platform Fetch.ai announced the launch of a new innovation center to advance artificial intelligence, a technology that continues to merge with blockchain applications.
The new Innovation Lab will be located in San Francisco, California, and will support startups working on technology that uses AI to perform specific tasks for users. The company announced that it would allocate $10 million annually to projects related to AI tool technology. Fetch.ai CEO Humayun Sheikh shared the following statement:
“We aim to finance and support projects that bridge the gap between research and the market, offering tangible developments that revolutionize industries with the power of AI agents.”
Innovations in Web3 Continue
Parity Technologies is launching a Web3 individuality solution, a crucial missing element for mainstream Web3 adoption. The new solution, Proof-of-Ink, will allow users to prove their digital individuality through a unique tattoo that serves as proof of digital citizenship while preserving privacy.
According to Wood, co-founder of Ethereum, Polkadot, and Kusama, Proof-of-Ink will be released in the fourth quarter of 2024. Wood announced the following in his keynote speech at the Web3 Summit in Berlin:
“We hope to deploy the basic palette and launch the application at some point this year, hopefully in the last quarter. We aim to release the other two mechanisms next year.”
