Category: Technology

Digital art collective Wildxyz has introduced The Wild Curatorial Board to advise its artist residency program, offering mentorship and shaping the future of experiential art. The board features ten accomplished artists with expertise across various digital art forms, including generative and AI-based art. They will select outstanding collections to be awarded Wild Signature status, recognizing achievements and marking innovation in the spatial internet era.

Curve DAO community members unanimously agreed to allow staked ether (stETH) holders to mint curve usd (crvUSD) using their tokens as collateral. This innovative move presents intriguing opportunities and challenges in the DeFi space, with the potential to create groundbreaking solutions and further propel decentralized finance.

The Shiba Inu team recently launched its anticipated Rocket Hub, Game Changer, and Ryoshi Plaza, which aim to transform the virtual landscape and enhance the $SHIB ecosystem. Shib also introduced Game Builder, a user-friendly development tool, enabling unique gameplay experiences.

Enjin introduces a new mainnet, Enjin Blockchain, aiming to facilitate Web3 adoption and promote NFT creativity. Differing from other solutions, it doesn’t rely on smart contracts, instead integrating NFT functions into its foundational code while offering innovative features for developers and users.

In a recent House Energy and Commerce Committee Subcommittee meeting, Polygon Labs’ Ryan Wyatt discussed the potential of blockchain technology in creating a decentralized, transparent Web3, benefiting users and driving economic growth. He emphasized the need for a well-regulated blockchain ecosystem in the US to maintain competitiveness and ensure domestic technology industry thrives.

OpenAI CEO Sam Altman is set to meet with Indian Prime Minister Modi to discuss India’s potential role in AI regulation, job market impacts, and the country’s capability in shaping global AI discussions. The collaboration could lead to significant advancements in the AI and technology sectors.

The rise of Shiba Inu, a dog-themed cryptocurrency, highlights the crypto-dog revolution. eToro provides a seamless platform to buy and exchange this meme-inspired digital currency. However, investing in cryptocurrencies like Shiba Inu carries risks and uncertainties, requiring diligent research before diving in.

Cumberland Labs’ incubator arm has unveiled a beta version of expand.network, a universal API tool designed to simplify connections to blockchain and DeFi protocols. This service offers both read and write connectivity across major public blockchains, enhancing efficiency and user-friendliness in cross-chain communication and DeFi landscape navigation.

Apple’s Vision Pro headset announcement excites Web3 and open metaverse proponents, who believe better hardware is essential for an interoperable virtual world based on blockchain technology. However, concerns arise over Apple’s potential control over decentralization and guidelines within the metaverse.

GameStop CEO Matt Furlong has been terminated after two years, amid declining NFT marketplace sales and concerns about the accuracy of the platform’s data. The company now faces leadership changes and an uncertain future in the NFT and crypto markets.

The emerging Web3 social media landscape faces fragmentation, with users struggling to adopt multiple platforms. Despite barriers to entry, increased experimentation and innovation are paving a path to the success of Web3 social networks, challenging well-established Web2 communities like Twitter and Instagram. The future of Web3 relies on balancing innovation with user experience to seamlessly connect global communities.

The Screen Actor Guild (SAG) is focusing on generative AI’s impact on the entertainment industry, emphasizing the need for clear boundaries concerning individuals’ images, informed consent, and fair compensation. SAG-AFTRA’s national executive director advocates a human-centered approach to AI implementation, balancing technology’s incorporation while respecting performers’ rights and livelihoods.

The upcoming Bitcoin halving in April 2024 will force miners to optimize and adapt strategies to remain profitable, as block rewards are slashed to 3.125 BTC. Post-halving mining costs may double, making energy costs and equipment efficiency vital for miner survival.

AI has the potential to transform media and support sustainable journalism, but should never replace human editors in editorial decision-making, high-stakes stories or interviews. With responsible use, AI can spot trends, analyze data, and facilitate better reader interaction without sacrificing integrity and objectivity.

Nike’s NFT platform, “.Swoosh,” integrates with EA Sports games, while GameStop partners with Web3 gaming project Illuvium for an NFT collection called Illuvitars. These developments show NFTs’ growing impact across industries and their potential to transform how we interact with digital assets. However, risks and skepticism around emerging technologies remain.

NFT lending platforms like Blend, Binance NFT Loan, and Astaria are flourishing by providing liquidity for NFT holders. However, concerns about lending mechanics, decentralization, and risk of liquidation persist, prompting industry insiders to encourage traders to learn how to safely borrow NFTs.

Mantle Network, an Ethereum layer-2 scaling solution, prepares for its mainnet launch following its merger with BitDAO. The modular Mantle ecosystem differs from current layer-2s by outsourcing its data availability layer, increasing efficiency but posing security and trustlessness concerns. The Mantle token (MNT) will facilitate gas fees, ecosystem grants, staking, and governance voting.

The Tel Aviv Stock Exchange (TASE) completed the proof of concept phase of Project Eden, exploring blockchain technology for issuing and settling government bonds. The PoC featured tokenization of the Israeli Shekel and used Ethereum Virtual Machine-compatible blockchain, with support from major international and local banks.

The Pitch Room initiative by Cointelegraph bridges the gap between investors and cutting-edge blockchain and Web3 projects, addressing challenges in evaluating potential and mitigating risks. The platform features company summaries, elevator pitches, and in-depth presentations, fostering effective connections and bolstering innovation in the crypto and Web3 industry.

Aave’s ARFC proposal introduces GHO, a native stablecoin launching on Ethereum mainnet, offering users collateralized minting and financial flexibility. The Aave DAO treasury benefits from GHO loan interest, bolstering platform growth and showcasing commitment to user-centric innovations in decentralized finance.

In a race to top the Official UK Album Charts, Noel Gallagher collaborates with Web3 startup Serenade to create a limited-edition NFT pressing of his album “Council Skies.” The NFT offers high-quality WAV files, a documentary on the album’s making, and signed artwork, reflecting the growing value and versatility of NFTs in the music industry.

The Terra Classic (LUNC) core developer team Joint L1 Task Force (L1TF) plans to work on TerraClassicUSD (USTC) repeg to $1 after the v2.1.0 parity upgrade is approved. The community unanimously passed Proposal 11548 “USTC Test Environment” on June 7, reflecting the project’s significance. This initiative aims to revitalize LUNC and restore utility to the Terra Classic blockchain.

Blockchain technology offers unprecedented trust, security, and transparency in various sectors like finance and healthcare. However, limitations such as scalability, environmental impact, and regulatory concerns must be addressed for this emerging innovation to reach its full potential and revolutionize traditional models.

In this article, the Reddit forum Buttcoin is highlighted for its skepticism towards cryptocurrencies, addressing concerns like lack of physical value and extreme market volatility. The forum emphasizes critical thinking amidst the hype and urges caution when approaching new financial systems.

The AI-designed, limited-edition flat-pack sofa by Space10 and Panter&Tourron revolutionizes furniture design, showcasing innovative, sustainable solutions. However, concerns about advanced AI systems like artificial general intelligence (AGI) demand proper regulation and striking a balance between technological advancement and precautionary measures.

Shib announces the upcoming release of its Rocket Pond trailer, offering a glimpse into the captivating metaverse journey. With positive price action for its native token, SHIB, the metaverse is expected to be partially accessible by 2023.

Aave’s innovative stablecoin, gho (GHO), nears Ethereum mainnet launch with proposals for V3 Ethereum Facilitator and FlashMinter Facilitator. Backed by a basket of cryptocurrencies, gho aims for decentralization, passive income opportunities, and benefits for Aave’s decentralized autonomous organization (DAO) while confronting potential risks.

Louis Vuitton reveals its first NFT collection, “Treasure Trunks”, as physical-digital collectibles. Priced at $42,000 each, the trunks are access passes for future products, experiences, and an NFT community. With focus on authenticity and traceability, they represent Louis Vuitton’s latest venture into blockchain technology.

El Salvador’s Volcano Energy has launched with a $250 million investment, aimed at creating a 241 MW solar and wind power generation park to power a Bitcoin mining farm. This initiative highlights the potential for eco-friendly mining infrastructure, addressing environmental concerns and showcasing renewable energy as key to the industry’s growth.

Blockchain technology and the cryptocurrency market have seen rapid growth, leading to an increasing number of complex research papers. AI tools like ChatGPT, QuillBot, SciSpacy, IBM Watson Discovery, and Semantic Scholar can assist in summarizing and understanding these papers, while serving as valuable starting points for human analysis and critical thinking.

Louis Vuitton launches a limited edition NFT collection called “Treasure Trunk,” featuring strict rules prohibiting resale. This unique approach aims to encourage loyalty and prevent dilution of luxury status, yet raises questions about true embrace of NFT technology and market ethos.

Apple acquires Mira, an AR startup providing smartphone-powered headsets for industrial applications, strengthening its foothold in the mixed reality market. The acquisition raises questions about compatibility and future direction, as Apple’s Vision Pro focuses on personalized virtual reality.