LensLinks Issue 381

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Today in LensLinks:

• DeFi may struggle to stay decentralized after new EU law

• GPT-4o first reactions: ‘essentially AGI’

• Sam Bankman-Fried's Fall From Grace: SBF Prison Interview Shows Life After FTX Collapse

• ‘Still Early’—Sudden $6 Trillion Fed Inflation Flip Predicted To Unleash A Bitcoin, Ethereum, XRP And Crypto Price Boom

• Web3 travel app turns regional experiences into mintable NFTs

• 113,000 people watch new OpenAI release online

• Brothers arrested after DOJ says they stole $25 million in crypto in 12 seconds in Ethereum blockchain attack

• Polymarket raises $70m backed by Peter Thiel's VC firm

• Crypto Trading and Investing Has Reached New Heights: Facts and Numbers

• And Much, Much, More…

#regimentco #china #crpytohack #SBF

QUOTABLE

❝

“Regulation represents a fork in the road for many DeFi projects. They will either embrace decentralization and move further outside the regulatory perimeter or accept that some regulation is required based on their particular model and move toward more of a hybrid finance state.”

- Nathan Catania, a partner at XReg Consulting

NOTABLE

DeFi may struggle to stay decentralized after new EU law

Many DeFi protocols will have to take a hard look at how they do business to ensure their platforms are truly decentralized and don’t fall afoul of the law.

cointelegraph.com/news/defi-decentralized-eu-law

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

GPT-4o first reactions: ‘essentially AGI’

GPT-4o also been trained from the ground up to treat text, audio, and visual data equally and transform it all into tokens.

venturebeat.com/ai/gpt-4o-first-reactions-essentially-agi

Blockchain, Tokens & DeFi

Sam Bankman-Fried's Fall From Grace: SBF Prison Interview Shows Life After FTX Collapse

Sam Bankman-Fried talks about the downfall of FTX and his feelings of betrayal by the system and advisors who led him to harm the company.

www.ccn.com/news/crypto/sam-bankman-fried-fall-from-grace-sbf-prison-interview-life-after-ftx-collapse

Crypto Trading

‘Still Early’—Sudden $6 Trillion Fed Inflation Flip Predicted To Unleash A Bitcoin, Ethereum, XRP And Crypto Price Boom

Ahead of the key inflation data, one bullish bitcoin investor predicted there's "$6 trillion in cash on the sidelines" that could power the bitcoin price to $150,000 this year—calling the latest bitcoin bull run "still early"...

www.forbes.com/sites/digital-assets/2024/05/15/still-early-sudden-6-trillion-fed-inflation-flip-predicted-to-unleash-a--bitcoin-ethereum-xrp-and-crypto-price-boom/?sh=2255c36b2113

VR, AR, Spatial Computing, Metaverse & Gaming

Web3 travel app turns regional experiences into mintable NFTs

Travelers around the world are ready to discover new destinations, and blockchain is here to help connect local attractions to global experiences

cointelegraph.com/news/web3-travel-app-turns-regional-experiences-into-mintable-nfts

The Singularity - a little more…

'Quantum-inspired' laser computing is more effective than both supercomputing and quantum computing, startup claims

The desktop-sized LPU100 eschews traditional electronics and qubits in favor of lasers, and it can reportedly perform complex AI calculations in nanoseconds.

www.livescience.com/technology/computing/quantum-inspired-laser-computing-is-more-effective-than-either-supercomputing-or-quantum-computing-startup-claims

Quantum internet draws near thanks to entangled memory breakthroughs

Researchers aiming to create a secure quantum version of the internet need a device called a quantum repeater, which doesn't yet exist - but now two teams say they are well on the way to building one

www.newscientist.com/article/2431464-quantum-internet-draws-near-thanks-to-entangled-memory-breakthroughs

Blockchain, Tokens & DeFi - a little more…

Brothers arrested after DOJ says they stole $25 million in crypto in 12 seconds in Ethereum blockchain attack

Two brothers were arrested this week after prosecutors say they exploited the Ethereum blockchain to steal $25 million worth of crypto.

www.theblock.co/post/294707/brothers-arrested-after-doj-says-they-stole-25-million-in-crypto-in-12-seconds-in-ethereum-blockchain-attack

Top500: China Opts Out of Global Supercomputer Race

Bad news for the Top500: The technology Cold War between the U.S. and China leaves China uninterested in participating.

thenewstack.io/top500-chinas-supercomputing-silence-aggravates-tech-cold-war-with-u-s/#:~:text=Bad%20news%20for%20the%20Top500,leaves%20China%20uninterested%20in%20participating.

Polymarket raises $70m backed by Peter Thiel's VC firm

Peter Thiel's venture capital firm, Founders Fund, led the effort to raise $70 million in investment for Polymarket

crypto.news/polymarket-peter-thiel-vc-firm

Crypto Trading - a little more…

UN report exposes North Korean cyberattacks, crypto laundering spree

The United Nations uncovered a massive cryptocurrency laundering scheme conducted by North Korea in March that utilized the virtual currency platform Tornado Cash to clean $147.5 million stolen from a crypto exchange, Reuters reports.

www.scmagazine.com/brief/un-report-exposes-north-korean-cyberattacks-crypto-laundering-spree

Crypto Trading and Investing Has Reached New Heights: Facts and Numbers

Cryptocurrency trading and investing have soared in 2024, marked by Bitcoin's new all-time high and growing institutional interest.

dailycoin.com/press-releases/crypto-trading-investing-reached-new-heights-facts-numbers

Credit Intermediation, Capital Efficiency Needed in Crypto

Crypto trading is typically pre-funded which is an inefficient use of capital.

www.marketsmedia.com/credit-intermediation-capital-efficiency-needed-in-crypto

ESG (Environmental, Social & Governance)

US lawmaker calls on SEC to repeal crypto custody rule ahead of Senate vote

Congressman advocates for cancellation of SEC's SAB 121 crypto rule ahead of a crucial vote in the Senate.

cryptoslate.com/us-lawmaker-calls-on-sec-to-repeal-crypto-custody-rule-ahead-of-senate-vote

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.

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