LensLinks Issue 395

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“Danger, Will Robinson”

Today in LensLinks:

• lon Musk says he will ban iPhones

• The Economics of AI and the Impending Robot Takeover, Part I

• Whale Deposits $21M In DeFi Tokens To Binance, Is It Justin Sun?

• Arthur Hayes Locks $8,400,000 Million Worth of Ethereum-Based DeFi Altcoin Till September: On-Chain Data - The Daily Hodl

• Recreating ‘Star Trek’ Virtual Environments

• Tesla restarts hiring beyond AI and robotics in a big way

• AI is making robots smarter. They’ll need boundaries

• Enhancing Medical Care Through Skin-Like Robotics

• DeFi is Coming for Banking: FreeBnk CEO on Banking 3.0

• DeFi protocol founded by 'Sifu' hacked for $19.4 million

• Why bitcoin is falling ahead of CPI report and the Fed meeting

• ESG: Cardano’s next upgrade makes it more like a DAO

• And Much, Much, More…

#regimentco #cryptowhale #cardano #esg #startrek

QUOTABLE

❝

“The most obvious example is people predicting mass unemployment without thinking through the impact of high productivity on fiscal and monetary policy. There are also people who implicitly assume that the economy will become 90 percent data centers, which doesn’t make much sense. “

- Tim Lee, the author of Understanding AI Substack

NOTABLE

Elon Musk says he will ban iPhones

X, Tesla and SpaceX boss attacks newly announced features as ‘unacceptable security violation’

www.independent.co.uk/tech/apple-elon-musk-openai-wwdc-chatgpt-b2560175.html

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

The Economics of AI and the Impending Robot Takeover, Part I

Tim Lee, the author of the excellent Understanding AI Substack, recently took to X with a plea: “I really wish there were more economists involved in discussions of the implications of superintelligence.”

www.aei.org/articles/the-economics-of-ai-and-the-impending-robot-takeover-part-i

Blockchain, Tokens & DeFi

Whale Deposits $21M In DeFi Tokens To Binance, Is It Justin Sun?

On Monday, a whale deposited $21 million in DeFi tokens to the crypto exchange Binance, which alarmed the community about an incoming dump.

www.newsbtc.com/news/whale-deposits-21-million-in-defi-tokens-to-binance-was-it-justin-sun

Crypto Trading

Arthur Hayes Locks $8,400,000 Million Worth of Ethereum-Based DeFi Altcoin Till September: On-Chain Data - The Daily Hodl

BitMEX founder Arthur Hayes has been spotted on-chain locking up one of his altcoin stacks for three months. 

dailyhodl.com/2024/06/11/arthur-hayes-locks-8400000-million-worth-of-ethereum-based-defi-altcoin-till-september-on-chain-data

VR, AR, Spatial Computing, Metaverse & Gaming

Recreating ‘Star Trek’ Virtual Environments

Holodeck generates a virtually limitless range of indoor environments, using AI to interpret users’ requests.

www.techbriefs.com/component/content/article/50943-recreating-star-trek-virtual-environments

The Singularity - a little more…

Tesla restarts hiring beyond AI and robotics in a big way

Tesla has fully restarted its hiring effort beyond AI and robotics in a big way after a hiring freeze amid...

electrek.co/2024/06/11/tesla-restarts-hiring-beyond-ai-robotics

AI is making robots smarter. They’ll need boundaries

Although it may take decades for robots to become sophisticated enough to routinely interact with people, now is the time to lay the groundwork for so-called embodied AI to work safely around humans. It’s a delicate dance because the rules shouldn’t ...

www.deccanherald.com/opinion/ai-is-making-robots-smarter-theyll-need-boundaries-3061473

Enhancing Medical Care Through Skin-Like Robotics

Scientists at the University of North Carolina at Chapel Hill have developed novel soft robots that can sense their environment and adjust their movements in real time.

www.azorobotics.com/News.aspx?newsID=14973

Blockchain, Tokens & DeFi - a little more…

DeFi is Coming for Banking: FreeBnk CEO on Banking 3.0

FreeBnk is merging DeFi with traditional banking to create Banking 3.0, CEO Yunus Emre Ozkaya highlights, to make finance more efficient and inclusive.

dailycoin.com/defi-is-coming-for-banking-freebnk-ceo-on-banking-3-0

DeFi protocol founded by 'Sifu' hacked for $19.4 million

Uwu Lend, a DeFi protocol created by fraudster Michael Patryn, a.k.a "Sifu'', has been hacked for $19.4 million, audit firm Peckshield reports.

www.cryptopolitan.com/defi-protocol-founded-by-sifu-hacked

Crypto Trading - a little more…

Why bitcoin is falling ahead of CPI report and the Fed meeting

Meanwhile, bitcoin ETFs saw $65 million in net outflows on Monday

www.marketwatch.com/story/why-bitcoin-is-falling-ahead-of-cpi-report-and-the-fed-meeting-47aca18d

Offshore crypto traders remain 'heavily exposed' amid institutional risk-off sentiment, analysts say

Bullish traders from the past two weeks are currently underwater, exposing the market to potential long squeezes, K33 Research said.

www.theblock.co/post/299543/offshore-crypto-traders-remain-heavily-exposed-amid-institutional-risk-off-sentiment-analysts-say

Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users – Exchanges Bitcoin News

tau Unibanco, the largest bank in Brazil and Latam, reported the general availability of cryptocurrency trading services for its users.

news.bitcoin.com/largest-bank-in-brazil-itau-unibanco-opens-cryptocurrency-trading-to-all-users

ESG (Environmental, Social & Governance)

Cardano’s next upgrade makes it more like a DAO

Cardano’s upcoming upgrade will transfer the blockchain's ownership to the community.

www.dlnews.com/articles/defi/cardanos-hard-fork-makes-it-more-like-a-dao

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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