M○C△ WEEKLY 9/1

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

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Just one quick little programming note before we begin: Taking a bit of a pause on weekly M○C△ Confessional columns (and podcasts, for that matter) as we prepare to launch something really exciting towards the end of September/early October. Do not worry, we WILL make you aware of it well in advance. These sunday newsletters aren’t going anywhere, however, and rest assured, we remain steadfastly here, just on the other side of your screen, biding our time. If you have anything you really would love to see written about in the meantime, you can submit a question here or send me an email at cohen@museumofcryptoart.com.

Okay then, let’s get on with it.

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Your M○C△ Weekly Round-Up

Crypto Art

• The Interview: Art Collector Zaphodok (KateVassGalerie)

• Why A.I. Isn’t Going to Make Art (TheNewYorker)

• ‘Should Art Be Regulated by the SEC?’: NFT Artists’ New Lawsuit Seeks Answers (Wired)

• Art Is Not a Security (CoinDesk)

Metaverse

• HTC Introduces No-Code Metaverse Builder VIVERSE Create (XRToday)

• Virtual and augmented reality can temporarily change the way people perceive distances, finds study (TechXplore)

• Tech startup Miris raises $26m to enable streaming of AR, VR content (MusicBusinessWorldwide)

• New Details on Samsung’s XR Headset Revealed (XRToday)

AI

• California lawmakers approve legislation to ban deepfakes, protect workers and regulate AI (AssociatedPress)

• The thrill of AI is fading — and Wall Street is getting a little more clear-eyed about its actual value (CNN)

• ‘He was in mystic delirium’: was this hermit mathematician a forgotten genius whose ideas could transform AI – or a lonely madman? (TheGuardian)

• MIT researchers say that AI is 'inherently sociopathic' — but that it can be trained to give ethical financial advice (BusinessInsider)

Finance

• First ‘AI to AI’ Crypto Payments Now Underway, According to Coinbase CEO Brian Armstrong (TheDailyHodl)

• A U.S. Crypto Bill's 2024 Chances (CoinDesk)

• Russia Is About to Try Using Crypto to Get Around Sanctions (CoinDesk)

• Crypto bull market fuels creation of 88K millionaires, six billionaires in 2024 - report (SeekingAlpha)

Potpourri

• Trump's Latest NFTs Top $2 Million in Sales—With Only 5% Sold So Far (Decrypt)

• Telegram: a crypto firm with a sideline in messaging (FinancialTimes)

• 80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec (CoinTelegraph)

Tweet of the Week

Tweet from Chris Alsikkan in response to the below tweet.

Art From M○C△’s Collection

The Great Ai Frog Wizardizzle (2023) by Rizzle. Edition of 114. In Museum of Crypto Art Permanent Collection.

Art in the Wild

ghost of the past by Amaan Jahangir. Unminted, not sure when it was created, but saw Amaan post it on Twitter on August 28th, 2024.

Traditional Art Banger

Venus of the Rags (1967) by Michelangelo Pistoletto. Marble and textiles. 83 1/2 × 133 9/10 × 43 3/10 in. Destroyed in a fire, but recently replaced in Naples.

Quote of the Week

“I would rather sit on a pumpkin and have it all to myself, than be crowded on a velvet cushion.”

-Henry David Thoreau

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