M○C△ WEEKLY 8/25

*Links to all the news you need to know...and some other stuff too*

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Your M○C△ Weekly Round-Up

Crypto Art

• The Final Chromie Squiggle Has Been Minted to the LACMA Collection (NFTNow)

• Wangechi Mutu Unveils a Towering New Monument—in A.R. (ArtNet)

• $24M CryptoPunk sale shows either ‘NFTs are over’ or ‘this is the bottom’ (CoinTelegraph)

• How Digital Art Has Fared since the NFT Boom (Artsy)

Metaverse

• How the metaverse economy will affect – and be affected by tax (EY)

• Metaverse in Education Due for Exponential Growth Spurt (GovTech)

• Snow Crash' Author Neal Stephenson and Special FX Studio Wētā Debut New Metaverse Project (DeCrypt)

• Deciding who owns your ‘digital twin’ will make or break the metaverse (CoinTelegraph)

AI

• We finally have a definition for open-source AI (MITTechnologyReview)

• Opinion: The world-saving potential of nuclear fusion just got a huge boost (WashingtonPost)

• AI Cheating Is Getting Worse (TheAtlantic)

• The unstoppable rise of Chubby: Why TikTok's AI-generated cat could be the future of the internet (BBC)

Finance

• Crypto is dominating corporate election spending (Axios)

• The Boom in DePIN Project Financing Chakes up the Crypto Market (CoinTribune)

• Wyoming is pushing crypto payments and trying to beat the Fed to a digital dollar (CNBC)

• Russia to launch crypto exchanges for global trade in Moscow and St Petersburg (CryptoSlate)

Potpourri

• A Large Bust of Elon Musk Is Being Towed Around Texas by a Cybertruck Because of a New NFT (ArtNews)

• The singularity: How AI could become the final boss whale of crypto (CoinTelegraph)

• Beware! Elon Musk deepfake livestream scams thousands with fake crypto scheme (CNBCTV18)

Tweet of the Week

Tweet from @Swoozydolphin.

Art From M○C△’s Collection

Chromie Squiggle #9290 (2022), by Snowfro. In Museum of Crypto Art Genesis Collection.

Art in the Wild

Bull in the Dark (2024) by Hafftka. Currently for sale.

Traditional Art Banger

Spiritual America: Songs of the Sky A1 (1923) by Alfred Stieglitz. Gelatin silver print; 11.6 x 9.1 cm. Held by Art Institute of Chicago.

Quote of the Week

“So vast is art, so narrow human wit.”

-Alexander Pope

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