LensLinks: Issue 259

Microsoft Halts Industrial Metaverse Projects, brought to you by Regiment LLC

Author

Len Pacek
October 26, 2023

Today in LensLinks:

  • BLOCKFI OPENS WITHDRAWALS FOR WALLETS USERS

  • Microsoft Halts Industrial Metaverse Projects, Focusing on AI and Azure

  • COINBASE ON FINAL PUSH TO DISMISS SEC LAWSUIT

  • Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

  • The Psychology Of Metaverse Gaming Success: Mindset And Strategies

  • Ethereum Network Gas Fees Drop to New Low Due to Declining Activity in DeFi and NFTs - Bitcoinsensus

  • 85% of crypto rug pulls in Q3 didn’t report audits: Hacken

  • Transparency of Asset-Backed Tokens in the Financial World

  • NFL crypto game generating ‘millions of dollars’ as Apple, Google endorse marketplace

  • Matrixport doubles down on $45K Bitcoin year-end prediction

  • FTX: 'King of Crypto' to testify in fraud case

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“We are proud of the impact this incubation created for our customers, and we will continue to invest in both Azure as the computing platform that powers the industrial metaverse and a wide range of AI projects within the company.”

- A Microsoft spokesperson

NOTABLE

BLOCKFI OPENS WITHDRAWALS FOR WALLETS USERS

BlockFi has exited bankruptcy and is set to begin returning cryptocurrency assets to its wallet clients. The development comes roughly a year after the crypto lender faced financial challenges due to the collapse of FTX.

financefeeds.com/blockfi-opens-withdrawals-for-wallets-users

Metaverse & Gaming

Microsoft Halts Industrial Metaverse Projects, Focusing on AI and Azure

Microsoft recently made the decision to discontinue its Airsim project, a significant component of its industrial metaverse vision. This move comes as a surprise to many, as the project aimed to harness AI-based drone simulation software to revolutionize the way people and machines collaborate in an industrial metaverse. The concept of an industrial metaverse, as […]

newsherder.com/microsoft-halts-industrial-metaverse-projects-focusing-on-ai-and-azure

Blockchain, Tokens & DeFi

COINBASE ON FINAL PUSH TO DISMISS SEC LAWSUIT

Lawyers representing US crypto exchange Coinbase have filed a motion alleging that the U.S. Securities and Exchange Commission (SEC) exceeded its jurisdiction by labeling certain cryptocurrencies listed on the exchange as securities.

financefeeds.com/coinbase-on-final-push-to-dismiss-sec-lawsuit

Crypto Trading

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

Bitcoin is having another moment

abcnews.go.com/Business/wireStory/bitcoin-prices-doubled-year-potentially-new-ways-invest-104285800

Metaverse & Gaming - a little more…

The Psychology Of Metaverse Gaming Success: Mindset And Strategies

The potential of metaverse gaming as a cognitive playground, it's vital to consider the ethical implications and ensure that these digital experiences.

blockchainmagazine.net/the-psychology-of-metaverse-gaming-success-mindset-and-strategies

Gaming: how brands can play better

As gaming audiences continue to diversify, FRUKT unpacks how brands can maximise their impact

www.creativebrief.com/bite/trend/guest-trend/gaming-how-brands-can-play-better

Blockchain, Tokens & DeFi - a little more…

Ethereum Network Gas Fees Drop to New Low Due to Declining Activity in DeFi and NFTs - Bitcoinsensus

Ethereum gas fees hit a historic low at 8.8 Gwei on October 8, 2023, creating significant interest within the

www.bitcoinsensus.com/ethereum-network-gas-fees-drop-to-new-low-due-to-declining-activity-in-defi-and-nfts

85% of crypto rug pulls in Q3 didn’t report audits: Hacken

Crypto rug pulls made up the largest amount of exploits in crypto in Q3 2023, but such attacks can be easily spotted, according to the blockchain security firm Hacken.

cointelegraph.com/news/rug-pulls-audits-report-hacken

Transparency of Asset-Backed Tokens in the Financial World

Asset tokenization is the process of turning physical assets—like real estate, equities, bonds, artwork, or sports franchises—into digital assets, the ownership of which is represented by a digital token on a blockchain.

www.analyticsinsight.net/transparency-of-asset-backed-tokens-in-the-financial-world

Crypto Trading - a little more…

NFL crypto game generating ‘millions of dollars’ as Apple, Google endorse marketplace

The free-to-play game has attracted millions of players as the tech giants green light crypto trading within their apps.

www.thestreet.com/crypto/innovation/nfl-crypto-game-generating-millions-of-dollars-as-apple-google-endorse-marketplace

Matrixport doubles down on $45K Bitcoin year-end prediction

Matrixport, a crypto trading firm founded by Bitmain co-founder Wu Jihan, has doubled down on its prediction that Bitcoin will hit $45,000 by the end of 2023.

cointelegraph.com/news/bitcoin-45000-year-end-matrixport-predicts

FTX: 'King of Crypto' to testify in fraud case

Former crypto boss Sam Bankman-Fried has decided to speak in his own defence, his legal team says.

news.yahoo.com/ftx-king-crypto-testify-fraud-150832674.html

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

Kate Darling on the future of robotics and AI ethics - The Robot Report

Dr Kate Darling discusses her new role leading AI and Robotics Ethics at the AI Institute.

www.therobotreport.com/kate-darling-on-the-future-of-robotics-and-ai-ethics

Would You Buy Soap from an AI-Powered Robot Dog?

Assoc. Prof. of Marketing, Entrepreneurship and Innovation Mark Yi-Cheon Yim is researching whether AI-powered robots, like these on his desk, can entice a person to make a purchase.

www.uml.edu/News/stories/2023/Mark-Yim-AI-marketing-research.aspx

ESG (Environmental, Social & Governance)

A $6 Trillion ESG Headache Is Bleeding Into Fund Flows

World’s biggest ESG fund class sees growing withdrawals; EU is preparing a major overhaul of its ESG investing rules;

http://www.bloomberg.com/news/articles/2023-10-25/investors-flee-esg-funds-without-clear-targets-morningstar-says

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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.