Web3 Weekly Wrap #13 ?? 11/1/24

Welcome to our Web3 Weekly Wrap, we hope you guys have a great weekend and enjoy the holidays.

?? CRYPTO: ETHSafari Brings Crypto World to Africa and Africa to the Crypto World

ETHSafari, a crypto event in Africa, aims to bridge the gap between the African community and the global crypto world. The event highlights African crypto projects, promotes blockchain innovation, and fosters connections within the global crypto community, showcasing Africa’s growing influence in the industry.

Link: https://cointelegraph.com/magazine/ethsafari-brings-crypto-world-to-africa-and-africa-to-the-crypto-world/

??? ELECTION 2024: Bitcoin Nears $70,000 as US Election Race Tightens

As the U.S. election race narrows, Bitcoin is approaching a milestone of $70,000, reflecting increased investor interest amid economic and political uncertainty. Analysts suggest that Bitcoin’s recent rally may be influenced by the upcoming election and shifts in the regulatory environment.

Link: https://decrypt.co/289477/bitcoin-flirts-with-70000-as-us-election-race-race-narrows

?? AI: OpenAI Introduces Web Search in ChatGPT, Challenging Google

OpenAI has integrated web search capabilities into ChatGPT, allowing users to retrieve up-to-date information directly through the chatbot. This new feature positions ChatGPT as a competitor to Google, aiming to redefine how users access and interact with information online.

Link: https://decrypt.co/289410/openai-unleashes-web-search-in-chatgpt-taking-direct-aim-at-google

?? NFT: Is Anime 2.0 the Next Big NFT Craze?

Anime 2.0 is gaining traction as a potential new trend in the NFT space, combining anime culture with digital ownership. This next wave of anime-inspired NFTs could attract a wider audience, especially among anime fans, offering new forms of interactive and collectible digital art.

Link: https://thenewscrypto.com/is-anime-2-0-the-next-big-nft-obsession/

?? GAME: Ethereum Gaming Faces Regulatory Threat Amid SEC Scrutiny

Ethereum-based gaming company Immutable faces potential enforcement from the SEC, raising concerns about the regulatory future of blockchain gaming. This scrutiny could impact the expansion of Ethereum gaming projects and lead to more stringent compliance requirements in the industry.

Link: https://decrypt.co/289409/ethereum-gaming-immutable-sec-enforcement-threat

?? ETHEREUM: Vitalik Buterin’s ‘The Splurge’ Targets Quantum-Resistant Cryptography

Vitalik Buterin’s latest Ethereum development proposal, known as ‘The Splurge,’ focuses on introducing quantum-resistant cryptographic methods to the network. This initiative aims to future-proof Ethereum against potential threats from quantum computing and bolster its security infrastructure.

Link: https://cryptonews.com/news/vitalik-buterins-the-splurge-targets-quantum-resistant-cryptography-for-ethereums-future/

??? TECH: Amazon’s Alexa AI Remains in Development as it Aims to Compete with ChatGPT

Amazon’s advanced AI for Alexa is still in the lab, facing challenges in reaching the market. The tech giant is focusing on developing capabilities that could rival ChatGPT, but hurdles remain in perfecting its conversational AI for mainstream use.

Link: https://www.bloomberg.com/news/features/2024-10-30/new-amazon-alexa-ai-is-stuck-in-the-lab-till-it-can-outsmart-chatgpt?srnd=phx-technology

?? MARKET: Bitcoin Needs a Catalyst for $100K, Gold Rises, and ETH Seen as Undervalued

Analysts suggest Bitcoin could reach $100,000 but would need a strong catalyst to trigger the move. Meanwhile, gold prices are rising amid economic uncertainty, and Ethereum is viewed as undervalued, signaling potential growth opportunities in the market.

Link: https://cointelegraph.com/news/bitcoin-needs-catalyst-for-100-k-gold-going-higher-eth-still-undervalued-analyst

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