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This is a summary article about the web3 market for the last week. We have gathered information from over 20 national and international media outlets and newsletters and have picked out news from them. Please use it to catch up on information and trends!
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Coinbase deploys x402 Bazaar, an open discovery layer that allows AI agents and developers to connect to APIs, data feeds and services without permission
Coinbase unveils x402 Bazaar, a discovery layer for AI agents.
Agents automatically discover, use, and pay for new services, evolving to self-improving.
Examples: automatic reservations by retrieving weather and event information, financial reporting, autonomous operation of AI cabs, etc.
The underlying "x402" protocol incorporates stable coin payments directly into HTTP.
Launch of Ethreactor, a global incubation DAO for Ethereum
Fracton Ventures and others led the establishment of Ethreactor, a global DAO for the Ethereum ecosystem.
A "distributed incubator collective" that connects hackathon organizations and local incubators around the world.
Graduated projects are assigned a 1% token to DAO and results are shared globally.
Participating organizations include ETHSydney (Australia), ETHCinco de Mayo (Mexico), and ETHBelgrade (Serbia).
Ethereum Layer 2 Kinto Shuts Down Following $1.6 Million Exploit in July
L2's Kinto decided to shut down after the July hack (577 ETH = $1.55 million leak).
Attackers minted 110,000 fake Kinto tokens and cashed them in at Uniswap, etc. Token price crashed 95%.
Attempted to rebuild with "Phoenix" recovery plan, but difficulty in raising funds and rising debt made it difficult to continue.
Founder Recuero contributed $55,000 of his own funds and promised to reimburse victims.
Bo Hines Appointed CEO of Tether's New U.S. Division; Company Announces USAT Stable Coin
Tether launches USAT, a U.S. regulatory compliant dollar-backed stablecoin.
Anchorage Digital is responsible for issuance and Cantor Fitzgerald for reserve management.
Bo Hines, former director of the White House Crypto Asset Council, was appointed CEO of the U.S. corporation.
Scheduled to launch by the end of the year, it aims to complement the existing USDT (approximately $169 billion in circulation).
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Posts and articles that you may find interesting.
Strategic Decentralization: Why the Future Is Distributed
Decentralization has scalability, governance, and UX challenges, but is positioned as a solvable technical problem.
There are areas where decentralized has an advantage, such as censorship resistance, systemic resilience, and democratization of AI/GPU resources.
There is a speculative AI x Crypto buzz, but in reality, practical ecosystems such as Fetch.ai and Ocean Protocol are emerging.
The optimal solution is not "all-around diversification," but rather strategic diversification of infrastructure layers such as financial rails, AI infrastructure, and data markets.
Apps for User Experience Leverages Centralized UX, Concludes Hybrid Type Will Shape the Future
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