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NFTs and the Crypto World: A Digital Revolution

Explore how NFTs are impacting artists and collectors and changing the face of the art market.

 NFTs and the Art World: A Digital Revolution

Hello there🎉

Welcome to your weekly dose of awe, inspiration, and brain-boosters! We’ve been tirelessly trawling the web for the freshest, most intriguing news and insights, and boy, do we have some goodies to share with you today.

In today’s newsletter:

  • Cryptocurrency & Blockchain Trends

  • Artificial Intelligence & Tech Innovations

  • World news

AI and NFT’S

Are you ready for this? Elon Musk, that daring maverick of m

odern tech, just announced the creation of xAI - a new artificial intelligence company! Musk and his dream team of whizz-kids aim to "understand the true nature of the universe" through AI. You read it right, folks. This is sci-fi becoming reality! Want to learn more? Sure you do! So don't forget to tune in for a chat with the team on Twitter Spaces this Friday, July 14th, @xAI. What a time to be alive!

Lightbulb Moment: Invention of the Week💡

In this week's 'I-can't-believe-they-thought-of-that', we’re taking a look at a new project leveraging blockchain technology. Have you ever thought of using your luxury watch as collateral for a loan? Well, thanks to a cool DeFi protocol called Arcade.xyz and the magic of NFTs, that’s now possible, and it's been done with a Patek Phillipe timepiece no less! Who knew a wristwatch could hold the key to global liquidity? Tech meets luxury and finance, with fascinating results.

Ever dreamed of owning a piece of a professional sports team? No more idle daydreams, thanks to SailGP and NEAR. They're revving up fan engagement, letting you put in your two cents on the uniform, the nickname, and everything in between. It's like Fantasy Football on steroids, built on the super-fast and secure NEAR blockchain.

CRYPTO CURRENCY

Crypto On the Rise, Again!💰

Just when you thought crypto was down and out, it surprises us again. Crypto investment products saw inflows for the 3rd week in a row, amounting to a whopping $470M! Now, we don't have a crystal ball, but it seems like balance has been restored in the crypto universe. Or, as the Jedi would say, "the Force is strong with this one."

In a bittersweet update, the total number of crypto devs has shot up by 90% since 2020, but the new recruits have been thin on the ground. Are they getting distracted by the shiny new toy that is AI? Whatever it is, without the code maestros, the crypto world will struggle to keep the innovation ball rolling.

In an industry of firsts, here's another one for the books. The U.S. Department of Justice just charged a security engineer for the first-ever decentralized exchange hack case. The best part? The alleged perp played both hacker and consultant. They hacked $9M, negotiated a $1.5M "fee" in exchange for giving the money back and pointing out security vulnerabilities. Spoiler alert: the feds were already on the case.

The buzzword in the crypto scene these days is 'Green Mining'. Projects like Chia are working on energy-efficient solutions to the crypto mining energy problem. As more mainstream attention is drawn to the environmental impacts of cryptos like Bitcoin, it's increasingly critical for the industry to find sustainable solutions. Chia's 'farming' model could just be the game-changer we need.

Breaking Boundaries in Blockchain Land📈

We'd be remiss if we didn't mention the groundbreaking work being done by the innovative minds over at Stellar Lumens. While Bitcoin and Ethereum often steal the limelight, Stellar has been quietly revolutionizing cross-border transactions. Combining the power of blockchain and its unique consensus protocol, Stellar has made sending money across borders as easy as sending an email. Watch this space, my friends, Stellar's star is on the rise!

WORLD NEWS

Going Green Just Got Cooler🌿

In our mission to turn your brain greener, we're sharing the scoop on how an upstart company is revolutionizing green technology. They've created a solar panel so thin, flexible, and efficient that it could change the way we use energy in our homes, devices, and even clothes! Exciting, huh? We think it's simply brilliant!

Arkham: The Unmasked Crusader or Just a Clumsy Doxxer?

Remember the whispers about a so-called "Intel-to-earn" platform by Arkham Intelligence? Well, their grand entrance was more of a face-plant. Picture this: a much-hyped airdrop event, an excited audience, and then... oops! Participants got doxxed through their referral links. Not the best look for a company supposedly safeguarding privacy, eh?


That's all for this week!

As always, keep those 👀 peeled for the latest in the wild world of 🗺️.

And hey, don't forget to take a break and enjoy the ☀️ summer sun.

Stay cool! 😎