LensLinks: Issue 386

FIT21 Passes in the House with Strong Dem Support, brought to you by Regiment LLC

Author

Len Pacek
May 24, 2024

FIT21 Passes in the House with Strong Dem Support

  • FIT21 Passes in the House with Strong Dem Support

  • Pocket-Sized AI Models Could Unlock a New Era of Computing

  • Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF

  • Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

  • ‘You get to escape from this place.’ Hear why inmates in this correctional facility are using virtual reality

  • Nvidia CEO explains why Tesla's use of AI is 'revolutionary'

  • New warp drive concept does twist space, doesn’t move us very fast

  • US political consultant indicted over AI-generated Biden robocalls

  • The role of blockchain in the transition towards a circular economy - Energy Monitor

  • Cardano's CEO Challenges Bitcoin's Role in Blockchain Future

  • The flaws in the CBDC Anti-Surveillance Bill - Ledger Insights - blockchain for enterprise

  • Founder and CEO Mike Novogratz: The best way to learn about crypto is to put 'a little money on the line'

  • Crypto industry's lack of narrative allows memes to get all the attention, investor says

  • And Much, Much, More…

#regimentco #FIT21 #novagratz #crypto

QUOTABLE

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"When I first got involved, publicly traded mining companies were almost nonexistent. It may have been there, but it wasn't on most people's radar. Now, investing in a solid infrastructure play like a profitable mining facility makes a lot of sense, especially for those still uncertain about direct bitcoin investment."

- George Tung from CryptosRUs

NOTABLE

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

The House's passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action.

www.coindesk.com/policy/2024/05/22/us-house-approves-crypto-fit21-bill-with-wave-of-democratic-support/#:~:text=The%20U.S.%20House%20vote%20goes,significant%20legislative%20accomplishment%20in%20Congress.

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

Pocket-Sized AI Models Could Unlock a New Era of Computing

Research at Microsoft shows it’s possible to make AI models small enough to run on phones or laptops without major compromises to their smarts. The technique could open up new use cases for AI.

www.wired.com/story/pocket-sized-ai-models-unlock-new-era-of-computing

Blockchain, Tokens & DeFi

Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF

The SEC faces a Thursday deadline for at least one of the spot ether ETF applications it's reviewing.

www.coindesk.com/policy/2024/05/23/gensler-says-stay-tuned-on-us-secs-decision-on-eth-etf

Crypto Trading

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

www.coindesk.com/markets/2024/05/23/bitcoin-drops-below-68k-ether-slumps-in-sudden-crypto-sell-off-as-eth-etf-decision-looms

VR, AR, Spatial Computing, Metaverse & Gaming

‘You get to escape from this place.’ Hear why inmates in this correctional facility are using virtual reality | CNN Business

Go inside Maryland’s Correctional Institution for Women where CNN’s Clare Duffy met with two inmates who say their virtual reality training is “vital” ahead of their release.

www.cnn.com/2024/05/23/business/video/prison-inmates-virtual-reality-job-training-digvid

The Singularity - a little more…

Nvidia CEO explains why Tesla's use of AI is 'revolutionary'

Nvidia's (NVDA) first quarter results beat analyst expectations, with revenue rising 262% to $26.0 billion. The company also announced a 10-for-1 stock split and that it is raising its dividend.

finance.yahoo.com/video/nvidia-ceo-explains-why-teslas-110022884.html

New warp drive concept does twist space, doesn’t move us very fast

While it won't make a useful spaceship engine, it may tell us more about relativity.

arstechnica.com/science/2024/05/physicists-find-a-possible-way-to-get-warped-space-but-no-drive

US political consultant indicted over AI-generated Biden robocalls

Steven Kramer faces 13 charges of felony voter suppression and misdemeanor impersonation of a candidate after thousands of New Hampshire residents received robocall message asking them not to vote until November

www.voanews.com/a/us-political-consultant-indicted-over-ai-generated-biden-robocalls/7624456.html

Blockchain, Tokens & DeFi - a little more…

The role of blockchain in the transition towards a circular economy - Energy Monitor

Blockchain facilitates the tracking of raw materials, ensuring they are sourced sustainably and recycled appropriately.

www.energymonitor.ai/analyst-comment/the-role-of-blockchain-in-the-transition-towards-a-circular-economy

Cardano's CEO Challenges Bitcoin's Role in Blockchain Future

Cardano CEO Charles Hoskinson critiques Bitcoin's future, advocating for blockchain evolution and Cardano's innovative proof of stake protocol.

www.cryptotimes.io/2024/05/23/cardanos-ceo-challenges-bitcoins-role-in-blockchain-future

The flaws in the CBDC Anti-Surveillance Bill - Ledger Insights - blockchain for enterprise

The CBDC Anti-Surveillance Act is due for a Congressional vote. It aims to block retail CBDC but could block far more

www.ledgerinsights.com/the-flaws-in-the-cbdc-anti-surveillance-bill

Crypto Trading - a little more…

Founder and CEO Mike Novogratz: The best way to learn about crypto is to put 'a little money on the line'

The best way to learn about crypto is to get into the game, says the founder and CEO of Galaxy Digital: "Then you pay attention." But start small, he warns.

www.cnbc.com/2024/05/23/how-to-learn-about-invest-in-crypto-from-founder-ceo-mike-novogratz.html

Crypto industry's lack of narrative allows memes to get all the attention, investor says

True believers might be investing to help projects achieve their useful ends, that's not what the masses have come for.

www.axios.com/2024/05/23/crypto-investors-companies-blockchains-future

Bitcoin miner Marathon Digital says its focus on efficiency strengthens entire blockchain network

One of the largest publicly traded bitcoin miners in the world discusses its strategy with TheStreet Crypto.

www.thestreet.com/crypto/bitcoin/bitcoin-miner-marathon-digital-says-its-focus-on-efficiency-strengthens-entire-blockchain-network

ESG (Environmental, Social & Governance)

Corporate boards have never been more prepared to face down the anti-ESG backlash, new research finds

89 of Fortune 100 companies now have sustainability committees—and 43% of all board members have some form of sustainability credentials.

fortune.com/2024/05/21/corporate-boards-have-never-been-more-prepared-to-face-down-the-anti-esg-backlash-new-research-finds

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.