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YOU. ME. WEB3.
Bitcoin to $120K, 7-Eleven NFTs, EU's Metaverse, Bitcoin in AI & Elon's New Company
Anna Pak
July 14, 2023
👋 Welcome back to the new issue of YOU. ME. WEB3. by LAB51 Inc.🔍 Stay sharp with the latest insights and updates in the exhilarating world of the decentralized web. 🌐💻 Subscribe to our newsletter for your weekly dose of decentralized innovations! 🚀
#CRYPTO & #BLOCKCHAIN
💰 Standard Chartered Predicts Bitcoin to Reach $120K by 2024
Standard Chartered, a British multinational bank, has raised its Bitcoin price prediction to $120,000 by the end of 2024, citing increased miner profitability and reduced net supply as key drivers. Bitcoin is up 82% this year, and the optimism is fueled by miners hoarding coins and strong institutional interest. MORE
🔎 SEC Claims Coinbase Was Aware of Unregistered Securities Trading
As part of the ongoing dispute, the U.S. Securities and Exchange Commission (SEC) has accused Coinbase, a leading cryptocurrency exchange, of being aware of securities law violations. The SEC claims that Coinbase allowed trading of unregistered securities and failed to comply with regulations, potentially impacting its legal standing and reputation. MORE
⚖️ ESMA Releases Comprehensive Crypto Rules Under MiCA Law
ESMA, the European Securities and Markets Authority, has released the first detailed crypto rules under the MiCA law. These regulations provide comprehensive guidelines for the cryptocurrency industry in the EU, covering licensing, investor protection, and governance for crypto service providers. MORE
🔎 Other Crypto News
Curious to learn more about the latest in Crypto? Discover more on LAB51's Website.
#NFT
🏪 7-Eleven Enters NFT Space with Slurpee Collectibles
Convenience store giant 7-Eleven is launching free Slurpee NFTs on the Polygon network, allowing users to create their own virtual Slurpee in the “Find Your Slurpee Vibe” game. This move aims to engage younger consumers and reflects the growing adoption of NFTs by mainstream brands. MORE
☕️ Starbucks Odyssey Presents 'Aku Adventure' NFT Collaboration
Starbucks Odyssey has partnered with the Aku NFT collection to launch "Aku Adventure," a new digital collectible Stamp. Former MLB player Micah Johnson collaborated in its creation, and Starbucks will donate $100,000 to the children's non-profit "Blessings in a Backpack." MORE
🎾 NFTs Take Center Stage at Wimbledon: Anadol's 'The Exposition' Redefines Sports Art
Wimbledon, Andy Murray, and digital artist Refik Anadol joined forces to create an NFT masterpiece called "The Exposition." This groundbreaking artwork combines sports, data science, and digital art to immortalize Murray's Wimbledon journey. NFT holders can even own a physical edition. MORE
🔎 Other NFT News
Eager to know more about NFTs? Discover more on LAB51's Website.
#METAVERSE
🌍 The EU's Strategic Move to Leading the Metaverse and Countering Big Tech Dominance
The EU aims to lead the Metaverse to counter Big Tech dominance and promote economic growth. Openness, interoperability, and adherence to EU values are key. Existing regulations will apply to ensure a fair digital environment. The European Commission takes proactive measures, emphasizing people-centric development aligned with EU digital rights. MORE
🔪 Birmingham Schools Combat Knife Crime with Virtual Reality
Birmingham schools combat knife crime using VR technology. Immersive simulations help students understand the impact, as alarming statistics show the need for effective strategies. VR offers an engaging experience, fostering empathy and awareness. This innovative approach is a significant step toward addressing knife crime and providing impactful education for young people. MORE
🏗️ Expanding Digital Twin Solutions in the Middle East & Africa: Matterport & Equinox Technologies Partnership
Matterport and Equinox partner to bring digital twin solutions to the Middle East and Africa. Addressing urbanization needs, they provide facility management and property marketing solutions. The Gulf Cooperation Council's real estate projects create a significant opportunity. Matterport's advanced technology enhances the building lifecycle, meeting the region's evolving demands. MORE
🔎 Other Metaverse News
Interested in exploring the future of the Metaverse? Check out more on LAB51's Website.
#AI
⚡️ AI and Bitcoin Converge with Hayes Prediction and Lightning Network Update
According to BitMEX co-founder Arthur Hayes, artificial intelligence will choose Bitcoin as its native currency due to its 24/7 availability, censorship resistance, and value preservation. A few days after the statement, Lightning Labs also announced new developer tools that integrate Bitcoin with AI applications and language models. MORE
🌌 Elon Musk Launches xAI: Exploring the Universe Through Artificial Intelligence
Elon Musk, CEO of Tesla and SpaceX and owner of Twitter, has launched xAI, a new AI company focused on understanding the true nature of the universe.
The team includes alumni from DeepMind, OpenAI, GoogleResearch, and more. xAI's emergence positions it as a potential competitor to established AI players such as OpenAI, Google, and Anthropic. MORE
🚀 KPMG Expands Partnership with Microsoft for $2 Billion AI and Cloud Investment
KPMG announces a $2 billion investment in AI and cloud services through an expanded partnership with Microsoft. The professional services firm aims to automate aspects of tax, audit, and consulting services, enhance its workforce with AI skills, and generate new efficiencies. The partnership is expected to bring in over $12 billion in revenue for KPMG over the next five years. MORE
🔎 Other AI News
Want to stay up to date with the latest developments in AI? Find more on LAB51's Website.
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