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Finance

KakaoBank introduces UI, UX and agile culture to UAE delegation

KakaoBank hosted a delegation of about 30 participants from the United Arab Emirates\' NAFIS Leadership Programme at its Pangyo office on July 20, it said on Tuesday. The visitors included officials from the UAE Prime Minister\'s Office, the Emirati Talent Competitiveness Council and the National University of Singapore, as well as staff from major UAE financial firms. KakaoBank presented its customer-focused UI and UX, technology-driven development approach and agile organisational culture.

AI & Enterprise

China bans \'AI lovers\'; ByteDance, Alibaba to drop companion and persona features

ByteDance and Alibaba are shutting down agent features in key consumer AI products as China moves to regulate services that simulate human-like personalities and emotional interaction. Doubao users were notified the agent function will end on July 15, with related data managed under the company’s privacy policy after Oct. 15 and not recoverable. Alibaba’s Qwen will end human-like and user-generated agents on July 10 and further agent services on July 15.

Crypto

Ethereum Foundation unveils roadmap to curb MEV, make privacy default and overhaul rewards

The Ethereum Foundation has laid out an execution plan that defines maximal extractable value (MEV) as a structural threat and aims to make privacy the protocol’s default. AERUGO Ethereum Foundation chief strategic adviser (CSA) unveiled a six-point plan and said the foundation will adjust both its operations and protocol priorities. The foundation also plans to shift its internal reward system to ETH and Ethereum-native stablecoins, though it has not disclosed a timeline or detailed制度 design.