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- YOU. ME. WEB3. by LAB51
YOU. ME. WEB3. by LAB51
🔮Coinbase Futures 🖼️AI Art Copyright 💸OpenSea Royalties 🎵Blackpink on Roblox
Anna Pak
August 25, 2023
👋🏻 Welcome back subscribers & Happy Friday Everyone!
Can you believe it's almost the end of August? 🌅 September is just around the corner, which means cozy fall weather is on its way! 🥶 I hope you're excited about the upcoming weekend, but before you kick back and relax, let's catch up on the latest and most important news in Web3 📰 📈 Sound good?
In today’s edition: 💻
🚞 Explore more News 😎👇🏻
EDITOR'S CHOICE
Digital artist Rhett Mankind created a memecoin named TurboToad with ChatGPT and crowdsourced funding. The memecoin market is a risky investment due to its volatility and lack of fundamental factors. They are often influenced by social and cultural trends instead of traditional economic indicators. However, they can also be seen as an innovative and creative form of art and investment. MORE
CRYPTO
Coinbase, the leading exchange in the United States, has achieved a significant regulatory milestone by gaining approval from the NFA to introduce cryptocurrency futures trading to its eligible US clients. This approval positions Coinbase as the first regulated entity in the US to provide both spot trading and futures derivatives within the crypto space. MORE
Sam Bankman-Fried, former CEO of FTX exchange, pleads not guilty to charges of fraud and money laundering in a court hearing. The indictment against Bankman-Fried includes seven counts of fraud and money laundering, along with an additional charge related to campaign finance. MORE
Tornado Cash developers charged with money laundering and sanctions violations for facilitating over $1 billion in transactions, including funds for North Korea's Lazarus Group. Both Roman Semenov and Roman Storm were charged. Only Storm has been arrested so far. MORE
AI
A U.S. court has ruled that artworks generated solely by artificial intelligence are not eligible for copyright protection under U.S. law. This marks a significant development in the ongoing debate surrounding AI and the art world. MORE
Google is experimenting with AI technology to offer personalized life advice and guidance, marking a significant shift in its approach to generative AI applications. Earlier this year, Google merged its research lab, DeepMind, with its AI team, Brain, to accelerate AI advancements and compete with rivals like Microsoft and OpenAI. MORE
NFT
OpenSea, the leading player in the NFT market, has sparked a heated discussion with its decision to shift from mandatory to optional creator royalties. The move raises questions about the future of artist compensation and innovation in the digital landscape. MORE
METAVERSE
K-pop sensation BLACKPINK introduced "BLACKPINK: The Palace," an interactive Roblox fan hub, offering fans an immersive virtual experience. Developed in collaboration with British studio Karta, the project is set to debut on August 25 on the platform. MORE
China's proposal to integrate its social credit system into virtual realms and the Metaverse has ignited global debate. This fusion of real-world governance and digital domains has sparked concerns about privacy, freedom, and the potential transformation of online interactions. MORE
🗞️ Thanks for reading! We hope you found this newsletter informative and interesting. 🔜 If you have any questions or comments, please feel free to reach out to us.
Thanks for reading! 😊
#ai #nft #vr #ar #innovation #digitalmarketing #nft #web3