Lenslinks: Issue 115

Microsoft lays off Responsible AI Tools Team, brought to you by Regiment LLC

Author

Len Pacek
March 16, 2023

Today in LensLinks:

  • “Bitcoin to $100K next?” One analyst lays out his theory.

  • Mobile games industry trends for 2023

  • Bitcoin hash rate continues to rise, but DeFi is under threat

  • Former President of FTX.US believes bank meltdowns can reshape crypto for traders

  • Metaverse requires regulatory scrutiny, EU competition chief says.

  • FBI warns that mobile games may be front for cryptocurrency scams

  • GPT-4 Launch Sends AI Tokens Soaring—Is It More Than a Meme?

  • Uniswap Surges to New Heights: Record-Breaking $11.84 Billion in Daily Volume

  • Crypto future at stake? Stricter regulations loom after collapse of crypto banks, exchange FTX

  • Singularity: Microsoft lays off team that taught employees how to make AI tools responsibly

  • And Much, Much, More…

QUOTABLE

❝

“Textbook perfect Bitcoin ‘Bump & Run Reversal’ bottom is back and the target is over $100,000.”

- Charles Edwards, founder and CEO of investment firm Capriolehor

NOTABLE

Bitcoin to $100K next? Analyst eyes ‘textbook perfect’ BTC price move

Bitcoin has a $100,000 price target if this textbook move plays out, analyst says.

cointelegraph.com/news/bitcoin-to-100k-next-analyst-eyes-textbook-perfect-btc-price-move

Metaverse & Gaming

Mobile games industry trends for 2023: Publishing predictions: Part two

Launching a game is an enormous achievement in and of itself, but it’s just the beginning of marketing and monetizing your hard work and creativity. Intellectual property-based (IP) video ga...

www.pocketgamer.biz/feature/81075/mobile-games-industry-trends-for-2023-publishing-predictions-part-two

Blockchain, Tokens & DeFi

Bitcoin hash rate continues to rise, but DeFi is under threat: Report

NFTs and security tokens show signs of future growth, but recent regulatory crackdowns are hurting the DeFi sector.

cointelegraph.com/news/bitcoin-hash-rate-continues-to-rise-but-defi-is-under-threat-report

Crypto Trading

Former President of FTX.US believes bank meltdowns can reshape crypto for traders

Former President of FTX.US, one of the cryptocurrency exchanges of the FTX ecosystem sees opportunity in the bank meltdown of the past ten days. The b

www.fxstreet.com/cryptocurrencies/news/former-president-of-ftxus-believes-bank-meltdowns-can-reshape-crypto-for-traders-202303151314

Metaverse & Gaming - a little more…

Metaverse requires regulatory scrutiny, EU competition chief says. Plus other metaverse stories you need to read this week

Top metaverse stories: EU says metaverse needs competition checks; PwC sees metaverse redrawing business landscape; Meta cuts headset prices to lift sales.

www.weforum.org/agenda/2023/03/metaverse-competition-regulation-and-other-stories-you-need-to-read-this-week

Someone Just Bought A CS:GO Wild Lotus AK-47 Skin For An Absurd Six Figure Sum

A gaming fan on the Buff (China) marketplace couldn’t resist an AK-47 Wild Lotus with four Reason Holo stickers.

hothardware.com/news/csgo-skin-sells-for-absurd-price

FBI warns that mobile games may be front for cryptocurrency scams

The FBI is advising mobile game players be wary of mobile games asking them to buy cryptocurrency, as they may be fake scams set up by criminals.

www.gamedeveloper.com/business/fbi-warns-that-mobile-games-may-be-front-for-cryptocurrency-scams

Blockchain, Tokens & DeFi - a little more…

GPT-4 Launch Sends AI Tokens Soaring—Is It More Than a Meme? - Decrypt

The latest AI-token price surge mimics the meme-token phenomenon far more than a fundamental growth cycle, say analysts.

decrypt.co/123549/gpt-4-launch-sends-ai-tokens-soaring-more-meme

Uniswap's NFT Platform Shows DeFi's Reluctant Acceptance of Centralization

In November, the most popular decentralized exchange on the planet, Uniswap, launched a non-fungible token (NFT) trading platform. The new marketplace didn’t list NFTs directly but instead scraped the tokens from all over the market. Then, Uniswap presented the NFTs on its site so the financial institutions and precocious children who dominate the platform could trade any picture, video or Mp3 file logged on the Ethereum blockchain in one handy place.

finance.yahoo.com/news/uniswaps-nft-platform-shows-defis-152520999.html

Uniswap Surges to New Heights: Record-Breaking $11.84 Billion in Daily Volume

Uniswap's trading volume hits an all-time high at $11.84bn, doubling its November 2021 record. USDC de-pegging event and weekend trading drive volume, with $15bn processed over seven days. ‍

www.bsc.news/post/uniswap-surges-to-new-heights-record-breaking-11-84-billion-in-daily-volume

Crypto Trading - a little more…

Crypto future at stake? Stricter regulations loom after collapse of crypto banks, exchange FTX

Investors are now having to navigate amid increasing calls for tighter crypto regulations

gulfnews.com/your-money/cryptocurrency/crypto-future-at-stake-stricter-regulations-loom-after-collapse-of-crypto-banks-exchange-ftx-1.1678893801377

Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg

A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin (USDC), which fell victim to a depeg last weekend amid banking concerns in the U.S., was sent to GSR Markets on Monday, with a further $50.3 million sent to Cumberland across two transactions, according to an on-chain analysis by Arkham Intelligence. "The Hash" panel discusses what this means for the state of stablecoins.

www.coindesk.com/video/alameda-linked-wallet-sent-dollar100m-in-stablecoins-to-crypto-trading-firms-after-usdc-depeg

Bitcoin is already up 50% this year — beating stocks and gold

On Jan. 1, bitcoin began trading at just over $16,500. On Wednesday, it was hovering around the $25,000 mark, thanks to a rally that began on Sunday.

www.cnbc.com/2023/03/15/bitcoin-btc-price-is-up-50percent-this-year-outperforming-stocks-and-gold.html

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

Microsoft lays off team that taught employees how to make AI tools responsibly

As the company accelerates its push into AI products, the ethics and society team is gone. What could go wrong?

www.theverge.com/2023/3/13/23638823/microsoft-ethics-society-team-responsible-ai-layoffs

ESG (Environmental, Social & Governance)

South Africa: ESG windfall with the expanded renewable energy tax incentive

The introduction of an augmented and accelerated capital expenditure deduction for the cost of constructing renewable energy infrastructure…

www.lexology.com/library/detail.aspx?g=3a21acdb-0057-4600-b607-e9eeeb5985be

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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.