LensLinks: Issue 257

'Stunning Capitulation', SEC Dismissed Ripple Lawsuit, brought to you by Regiment LLC

Author

Len Pacek
October 24, 2023

Today in LensLinks:

  • SEC Dismisses Lawsuit Against Ripple Execs in 'Stunning Capitulation' - Decrypt

  • Chris Keller on LinkedIn: Apple’s Challenge for the Next Vision Pro: Making It Easier to Wear

  • Here's When the SEC Will Approve a Spot Bitcoin ETF According to Major Bank

  • US Banking Crisis Destroyed Institutional Crypto Trading: Chainalysis - Decrypt

  • The Metaverse Will Make Gamers of Us All

  • Why did the metaverse die? Because Silicon Valley doesn’t understand the concept of fun

  • Asia's metaverse is still thriving, from digital cities to gaming

  • Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle

  • Bitcoin Climbs Past $30,000. Bulls Are Eyeing $40,000.

  • Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K

  • Singularity: Cyborgs Need a Bill of Rights; 101: What Is Technological Singularity?;

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“It would be conceited to suppose we won’t get to artificial superintelligence; we are just machines ourselves after all.”

- Toby Walsh, a leading AI researcher

NOTABLE

SEC Dismisses Lawsuit Against Ripple Execs in 'Stunning Capitulation' - Decrypt

Brad Garlinghouse and Chris Larsen are no longer facing charges from the U.S. regulator, which is still pursuing Ripple over securities violations.

decrypt-co.cdn.ampproject.org/c/s/decrypt.co/202471/sec-dismisses-lawsuit-against-ripple-execs-stunning-capitulation?amp=1

Metaverse & Gaming

Chris Keller on LinkedIn: Apple’s Challenge for the Next Vision Pro: Making It Easier to Wear

Apple vs. Meta XR strategy TLDR from Mark Gurman's Bloomberg article: - Apple’s VR headset doesn't work with prescription glasses. Their short term solution…

www.linkedin.com/posts/kellerchris_apples-challenge-for-the-next-vision-pro-activity-7120763019093008384-DRaI?utm_source=share&utm_medium=member_ios

Blockchain, Tokens & DeFi

Here's When the SEC Will Approve a Spot Bitcoin ETF According to Major Bank

JPMorgan said a spot Bitcoin ETF approval is likely within months. The New York bank expects the SEC to hit the green light by Jan 10 next year.

cryptopotato.com/heres-when-the-sec-will-approve-a-spot-bitcoin-etf-according-to-major-bank

Crypto Trading

US Banking Crisis Destroyed Institutional Crypto Trading: Chainalysis - Decrypt

Crypto activity saw a sharp drop following Silicon Valley Bank and crypto-friendly banks Signature and Silvergate shutting down.

decrypt.co/202791/us-banking-crisis-destroyed-institutional-crypto-trading-chainalysis

Metaverse & Gaming - a little more…

The Metaverse Will Make Gamers of Us All

Fundamentally, the "metaverse" is a game – but one with real consequences and opportunities. This article is part of "Metaverse Week."

www.coindesk.com/layer2/2022/05/23/the-metaverse-will-make-gamers-of-us-all

Why did the metaverse die? Because Silicon Valley doesn’t understand the concept of fun

Despite what people like Mark Zuckerberg and Alexis Ohanian say, it turns out that no one wants to be thinking about optimization all the time

www.fastcompany.com/90965361/why-did-the-metaverse-die-silicon-valley-doesnt-understand-fun

Asia's metaverse is still thriving, from digital cities to gaming

In Japan, Philippines and more, virtual worlds are expanding despite Meta's flop in the West

asia.nikkei.com/Spotlight/The-Big-Story/Asia-s-metaverse-is-still-thriving-from-digital-cities-to-gaming

Blockchain, Tokens & DeFi - a little more…

Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle

Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.

www.coindesk.com/markets/2023/10/17/bitcoin-beats-rest-of-crypto-market-as-ether-defi-tokens-struggle

That's a Wrap: DeFi Needs to Move Past Wrapped Tokens

Opinion: If we keep relying on wrapped tokens, DeFi is never going to make it to the mainstream.

blockworks.co/news/wrapped-tokens-obsolete-defi

DeFi activity on the decline, but investment rolls in: Finance Redefined

The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data.

cointelegraph.com/news/defi-activity-on-the-decline-but-investment-rolls-in-finance-redefined

Crypto Trading - a little more…

Bitcoin Climbs Past $30,000. Bulls Are Eyeing $40,000.

From a technical market perspective, Bitcoin is on a roll, outperforming in recent weeks despite pressure on stocks.

www.barrons.com/articles/bitcoin-crypto-markets-today-e0a76263

Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K

BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.

www.coindesk.com/markets/2023/10/23/crypto-traders-suffer-over-100m-of-short-liquidations-as-bitcoin-hits-3-month-high-over-31k

Spot Bitcoin ETF buzz carries top cryptocurrency closer to $31,000

The cryptocurrency had its highest weekly gain since June.

finance.yahoo.com/news/spot-bitcoin-etf-buzz-carries-141126604.html

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

Cyborgs Need a Bill of Rights

Cyborg bills encompass a broad array of protections, including safeguards for thinking robots, gender recognition for virtual intelligences, regulations for genetically engineered sapient beings, and the defense of freedoms for biohackers modifying their bodies.

www.newsweek.com/creating-sapient-technology-cyborg-rights-should-happen-soon-opinion-1835483

What Is Technological Singularity?

Technological singularity refers to a theoretical future event where rapid technological innovation leads to the creation of an uncontrollable superintelligence that transforms civilization as we know it.

builtin.com/artificial-intelligence/technological-singularity

ESG (Environmental, Social & Governance)

SEC announces 2024 examination priorities, excludes ESG | JD Supra

On October 16, the SEC’s Division of Examinations announced that its 2024 examination priorities will focus on key risk factors related to information...

www.jdsupra.com/legalnews/sec-announces-2024-examination-4282438

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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.