LensLinks: Issue 278

Is Crypto on Life Support? , brought to you by Regiment LLC

Author

Len Pacek
November 29, 2023

Today in LensLinks:

  • Column: The crypto scam is on life support. Why are some lawmakers trying to give it CPR?

  • Hololight raises $12M for XR streaming software

  • The Internet of Money

  • Interactive Brokers opens Hong Kong retail crypto trading with OSL

  • The 5 next big things in metaverse, AR, and VR for 2023

  • Decoding the Power Players of the Metaverse: Discovering Its Hidden Controllers

  • Why the Crypto Industry Is So Upset About the IRS’ Proposed New Tax Reporting Rules

  • Sci-Fi Series Canceled After Director Misspends Millions on Luxury Cars and Crypto

  • Singularity: Sports Illustrated Published Articles by Fake, AI-Generated Writers; Amazon announces Q, an AI chatbot for businesses;

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“If virtual currency exchanges and financial technology firms wish to realize the tremendous benefits of being part of the U.S. financial system and serving U.S. customers, they must play by the rules.”

- Treasury Secretary Janet Yellen

NOTABLE

Column: The crypto scam is on life support. Why are some lawmakers trying to give it CPR?

The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some politicians are still trying to polish its reputation.

www.latimes.com/business/story/2023-11-28/why-are-lawmakers-trying-to-prop-up-crypto-scam

Metaverse & Gaming

Hololight raises $12M for XR streaming software

Hololight, a software maker focused on AR and VR enterprise solutions, has raised $12 million in funding for its XR streaming software.

venturebeat.com/metaverse/hololight-raises-12m-for-xr-streaming-software

Blockchain, Tokens & DeFi

Crypto Trading

Interactive Brokers opens Hong Kong retail crypto trading with OSL

The service is powered by OSL's platform.

cointelegraph.com/news/interactive-brokers-opens-hong-kong-retail-crypto-trading-osl

Metaverse & Gaming - a little more…

The 5 next big things in metaverse, AR, and VR for 2023

The era of metaverse hype may be over, but these technologies’ impact on gaming, economic development, and even healthcare are very real.

www.fastcompany.com/90978983/next-big-things-tech-metaverse-augmented-reality-virtual-reality-2023

Kek Entertainment secures $8M to drive cross-platform gaming

Kek Entertainment has raised $8 million in funding to foster cross-platform gaming experiences across mobile devices, consoles and PCs.

venturebeat.com/gaming-business/kek-entertainment-secures-8m-to-drive-cross-platform-gaming

Decoding the Power Players of the Metaverse: Discovering Its Hidden Controllers

Welcome to the future, where imagination meets technology and virtual worlds blur with reality. The rise of the metaverse has captivated our minds, offering us a realm where we can be anyone and anything we desire. But have you ever wondered who holds the reins behind this vast digital universe? Who are the power players […]

techbullion.com/decoding-the-power-players-of-the-metaverse-discovering-its-hidden-controllers

Blockchain, Tokens & DeFi - a little more…

From Crypto to Concrete: Bridging the Gap with Real-World Asset Collateral in DeFi | HackerNoon

Looking at the potential of integrating real worlds assets with decentralized finance

hackernoon.com/from-crypto-to-concrete-bridging-the-gap-with-real-world-asset-collateral-in-defi

Why the Crypto Industry Is So Upset About the IRS’ Proposed New Tax Reporting Rules

The IRS sparked a storm of controversy when it released proposed new rules for crypto transaction reporting earlier this year. The new rules seek to define who is considered a broker, what types of transactions need to get reported, and the kinds of digital assets that need to be included, ...

unchainedcrypto.com/why-the-crypto-industry-is-so-upset-about-the-irs-proposed-new-tax-reporting-rules

Crypto Trading - a little more…

Bitcoin Slips but ‘Momentum Is Mounting.’ Where Cryptos Can Go Next.

Bitcoin and other cryptocurrencies slipped Tuesday, retreating from recent highs, but crypto traders remain bullish on the latest rally in digital assets with fundamentals and technicals alike fueling bullish sentiment.

www.barrons.com/articles/bitcoin-ethereum-crypto-prices-today-0fcd712a

Sci-Fi Series Canceled After Director Misspends Millions on Luxury Cars and Crypto

Director Karl Erik Rinsch took the millions of dollars Netflix gave him for his sci-fi series and spent it on stock markets and cryptocurrency markets

www.financial-world.org/news/news/movies/23678/scifi-series-canceled-after-director-misspends-millions-on-luxury-cars-and-crypto

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

Sports Illustrated Published Articles by Fake, AI-Generated Writers

Sports Illustrated was publishing articles under seemingly fake bylines. We asked their owner about it — and they deleted everything.

futurism.com/sports-illustrated-ai-generated-writers

Amazon announces Q, an AI chatbot for businesses

The product, announced at Amazon Web Services' Reinvent conference, is Amazon's latest effort to challenge Microsoft and Google in productivity software.

www.cnbc.com/2023/11/28/amazon-announces-q-an-ai-chatbot-for-businesses.html

ESG (Environmental, Social & Governance)

Why ESG investors are concerned about AI

Funds registered as having an outright environmental, social and good governance objective hold more tech assets than any other sector

www.thenationalnews.com/business/money/2023/11/28/why-esg-investors-are-concerned-about-ai

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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.