LensLinks: Issue 124

Expanded AI Hunk in The Singularity, brought to you by Regiment LLC

Author

Len Pacek
March 29, 2023

Today in LensLinks:

  • Bitcoin is 1 week away from 'confirming' new bull market — analyst

  • Disney Lays Off Metaverse Team

  • Ancient Ethereum (ETH) Whale Wakes up, Withdraws $3.45 Million From Binance

  • US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty

  • Tim Sweeney explains how the metaverse might actually work

  • Bored Apes owner Yuga Labs launches 2nd Trip Otherside metaverse experience

  • Apple VR is a huge threat to the metaverse, claims Epic Games CEO Tim Sweeney

  • Teller V2 To Offer Fixed Term Loans Against ‘Any’ Crypto Asset

  • Best and worst countries for crypto taxes — plus crypto tax tips

  • The US is accusing Sam Bankman-Fried of bribing Chinese officials with crypto

  • The Singularity: An expanded hunk today with 3 great articles hitting AI!

  • And Much, Much, More…

QUOTABLE

❝

“Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market”.

- Rekt Capital

NOTABLE

Bitcoin is 1 week away from 'confirming' new bull market — analyst

BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital.

cointelegraph.com/news/bitcoin-is-1-week-away-from-confirming-new-bull-market-analyst/amp

Metaverse & Gaming

Disney Lays Off Metaverse Team: Report

Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.

www.coindesk.com/business/2023/03/28/disney-lays-off-metaverse-team-wsj/?outputType=amp

Blockchain, Tokens & DeFi

Ancient Ethereum (ETH) Whale Wakes up, Withdraws $3.45 Million From Binance

Ethereum whale who was active years ago wakes up during Binance turmoil

u.today/ancient-ethereum-eth-whale-wakes-up-withdraws-345-million-from-binance

Crypto Trading

US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty

Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports.

www.coindesk.com/consensus-magazine/2023/03/27/crypto-leaving-us/?utm_source=linkedin&utm_term=organic&utm_content=editorial&utm_medium=social

Metaverse & Gaming - a little more…

Tim Sweeney explains how the metaverse might actually work

Epic’s CEO, alongside executive VP Saxs Persson, talks about the future of virtual worlds and what needs to happen for the metaverse to really come to fruition. - It’s a long ways out.

www.theverge.com/2023/3/23/23652928/tim-sweeney-interview-epic-games-fortnite-metaverse

Bored Apes owner Yuga Labs launches 2nd Trip Otherside metaverse experience

Bored Ape Yacht Club parent company Yuga Labs launched its Second Trip for its Otherside universe today as a new "metaverse" experience.

venturebeat.com/metaverse/bored-apes-owner-yuga-labs-launches-2nd-trip-otherside-metaverse-experience

Apple VR is a huge threat to the metaverse, claims Epic Games CEO Tim Sweeney

Apple "will either try to crush the metaverse, or extract all the profit from it"

www.imore.com/gaming/virtual-reality/apple-vr-is-a-huge-threat-to-the-metaverse-claims-epic-games-ceo-tim-sweeney

Blockchain, Tokens & DeFi - a little more…

Can Decentralized Finance Provide More Protection for Crypto Investors? - Liberty Street Economics

In this post, we examine whether migrating crypto activities from centralized platforms to decentralized finance (DeFi) protocols might afford investors better protection, especially in the absence of regulatory changes. We argue that while DeFi provides some benefits for investors, it also introduces new risks and so more work is needed to make it a viable option for mainstream investors.

libertystreeteconomics.newyorkfed.org/2022/12/can-decentralized-finance-provide-more-protection-for-crypto-investors

Teller V2 To Offer Fixed Term Loans Against ‘Any’ Crypto Asset - The Defiant

No Liquidations As Long As Repayments Are Timely

thedefiant.io/teller-v2-lending

Crypto Trading - a little more…

Best and worst countries for crypto taxes — plus crypto tax tips

So, you’ve struck it rich in crypto? You’ll want to head to one of these countries to keep your newfound wealth.

cointelegraph.com/magazine/best-worst-countries-crypto-taxes-crypto-tax-tips

Binance CEO Challenges Lawsuit, Touts Crypto Trading Platform As 'Best-In-Class'

Binance CEO Changpeng Zhao says the allegations in the civil complaint filed against the company by the U.S. Commodity Futures Trading Commission (CFTC) are inaccurate and incomplete.

www.benzinga.com/markets/cryptocurrency/23/03/31529738/binance-ceo-challenges-lawsuit-touts-crypto-trading-platform-as-best-in-class

The US is accusing Sam Bankman-Fried of bribing Chinese officials with crypto

Sam Bankman-Fried's bribe of $40 million in cryptocurrency allegedly allowed Alameda to unfreeze some of its trading accounts

qz.com/the-us-is-accusing-sam-bankman-fried-of-bribing-chinese-1850273009

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

AI Written, AI Read cartoon - Marketoonist | Tom Fishburne

One piece of slang that has long embodied the short attention span Internet age is TL;DR, short for “too long; didn’t read.” With the explosion of generative AI tools, we’re rapidly entering the age of TL;DW: “too long, didn’t write.” A January survey from Fishbowl found that 40% of nearly 12,000 workers have used ChatGPT

marketoonist.com/2023/03/ai-written-ai-read.html

You wait ages for an AI chatbot to come along, then a whole bunch turn up. Why? | Artificial intelligence (AI) | The Guardian

The fact that ChatGPT isn’t the only machine-learning program out there is down to the way in which tech breakthroughs arise

amp.theguardian.com/commentisfree/2023/mar/25/you-wait-ages-for-an-ai-chatbot-to-come-along-then-a-whole-bunch-turn-up-chatgpt

ChatGPT Gets a Computer

It’s possible that large language models are more like the human brain than we thought, given that it is about prediction; that is why ChatGPT needs its own computer in the form of plug-ins.

stratechery.com/2023/chatgpt-learns-computing

ESG (Environmental, Social & Governance)

How Much Do Young Investors Care About Mining?

Young people have increasingly been dipping their toes into investing, attracted by fun but turbulent trends. As this new class of investors with a fresh perspective looks for ways to allocate cash, some experts believe the mining industry may become more appealing for those looking for more stable ...

investingnews.com/young-investors-mining

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.