LensLinks Issue 387

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Today in LensLinks:

• US SEC approves exchange applications to list spot ether ETFs

• Team develops an intelligent nanodevice based on a component of cinnamon essential oil as an antimicrobial agent

• NFT as the new Swiss bank accounts for the Web3 era

• Korean Regulators Face Mounting Pressure to Approve Crypto ETFs After US Approval of ETH ETFs

• Beyond bulky headsets: Stanford's breakthrough in compact AR glasses

• Scroll down for Much, Much, More…

#regimentco #NFT #sec #ETF

QUOTABLE

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“This is an exciting moment for the industry at large, (and) ‘a significant step’ (towards getting the products trading).”

- Andrew Jacobson, vice president and head of legal at 21Shares

NOTABLE

US SEC approves exchange applications to list spot ether ETFs

The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving the way for the products to begin trading later this year.

www.reuters.com/technology/us-sec-approves-exchange-applications-list-spot-ether-etfs-2024-05-23

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

Team develops an intelligent nanodevice based on a component of cinnamon essential oil as an antimicrobial agent

A team of researchers from the Universitat Politècnica de València (UPV) and the CIBER de Bioingeniería, Biomaterials y Nanomedicine (CIBER-BBN) has developed an intelligent "nanokiller" based on a component of cinnamon essential oil (cinnamaldehyde) for use as an antimicrobial agent.

phys.org/news/2024-05-team-intelligent-nanodevice-based-component.html

Blockchain, Tokens & DeFi

NFT as the new Swiss bank accounts for the Web3 era

This Swiss fintech aims to modernize banking infrastructure by using Web3 technology: ERC-721 NFTs for client IDs and ERC-20 tokens for deposits

cointelegraph.com/news/nft-as-the-new-swiss-bank-accounts-for-the-web3-era

Crypto Trading

Korean Regulators Face Mounting Pressure to Approve Crypto ETFs After US Approval of ETH ETFs

Korean financial regulators are facing pressure to authorize the creation of crypto ETFs following the approval of ETH ETFs by the US SEC.

99bitcoins.com/korean-regulators-face-mounting-pressure-to-approve-crypto-etfs-after-us-approval-of-eth-etfs

VR, AR, Spatial Computing, Metaverse & Gaming

Beyond bulky headsets: Stanford's breakthrough in compact AR glasses

Let's delve into the intricacies of their invention, exploring its potential applications, limitations, and the ethical considerations surrounding the widespread adoption of AR technology.

www.businesstoday.in/technology/news/story/beyond-bulky-headsets-stanfords-breakthrough-in-compact-ar-glasses-429937-2024-05-21

The Singularity - a little more…

Airbnb using AI to predict, block Memorial Day, July 4th parties in NJ

The platform will once again use artificial intelligence and machine learning technology to identify reservations that are potentially higher risk and prevent those bookings from going through.

njbiz.com/airbnb-using-ai-to-predict-block-memorial-day-july-4th-parties-in-nj

Elon Musk's AI Startup xAI Nears $24B Valuation, Aims For $6.5B Funding Round: Report

Elon Musk's xAI Corp. is on the brink of concluding a funding round in June that could potentially value the company at over $24 billion, including its latest cash infusion.

www.benzinga.com/news/24/05/39004912/elon-musks-ai-startup-xai-nears-24b-valuation-aims-for-6-5b-funding-round-report

Wedbush Analyst Dan Ives Says Raising Apple Price Target To Reflect AI-Driven iPhone 16 Supercycle: 'WWDC A Key Moment Ahead' - Apple (NASDAQ:AAPL)

Wedbush analyst Dan Ives has revised the price target for Apple Inc from $250 to $275. The adjustment is to account for the anticipated iPhone 16 supercycle, driven by AI technology. This could potentially add $30 to $40 per share to the stock.

www.benzinga.com/markets/equities/24/05/38997491/wedbush-analyst-dan-ives-says-raising-apple-price-target-to-reflect-ai-driven-iphone-16-supercyc

Blockchain, Tokens & DeFi - a little more…

What Is An NFT? Non-Fungible Tokens Explained

Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop

www.forbes.com/advisor/investing/cryptocurrency/nft-non-fungible-token

Why user-friendly blockchain technology is crucial for mass adoption

User-friendly interfaces and practical applications are essential for blockchain's widespread adoption and success.

www.thestreet.com/crypto/technology/why-user-friendly-blockchain-technology-is-crucial-for-mass-adoption

Yes, PR Does Still Matter in Blockchain, Despite Balaji’s Advice

The tech mogul advises entrepreneurs to "go direct" instead of dealing with the media, but that isn't always the best idea.

www.coindesk.com/consensus-magazine/2024/05/24/yes-pr-does-still-matter-in-blockchain-despite-balajis-advice

Crypto Trading - a little more…

Institutional Money Is Flowing Back Into Crypto - Here's How Margex Copy Trading Helps You to Approach the Markets

Binance’s $4.3 billion settlement with U.S. regulators was a big shift in the mentality of institutional adoption of digital assets, which has suffered many dismissals from institutional players who label digital assets as showy, worthless assets propelled by criminals. Gradually, the tectonic plates of ideas that shaped the sentiments of these institutional corridors of power […]

cryptoslate.com/institutional-money-is-flowing-back-into-crypto-heres-how-margex-copy-trading-helps-you-to-approach-the-markets

Ether crypto prices drop after SEC moves closer to approving ETFs - UPI.com

Ether crypto prices slid following Thursday's Securities and Exchange Commission approval of spot Ether ETPs, or exchange-traded products, including Ether ETFs.

www.upi.com/Top_News/US/2024/05/24/SEC-appoves-ether-ETPs-ETFs/1191716558197

Traders bet Ethereum will hit $5,000 as ETF nod sparks rally

Options traders are betting that Ethereum will continue to rally following SEC approval for a spot Ethereum ETF.

www.dlnews.com/articles/markets/ethereum-options-traders-bullish-after-sec-etf-nod

ESG (Environmental, Social & Governance)

New CryptoPunks NFT Collection Unravels After Backlash to 'Woke' Artwork - Decrypt

Yuga Labs revealed Nina Chanel Abney's Super Punks World NFT collection Monday, but will "no longer touch" CryptoPunks following backlash.

decrypt.co/231563/new-cryptopunks-nft-project-unravels-backlash-woke-artwork

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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