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- šæ Is It Time to Delete Coinbase??
šæ Is It Time to Delete Coinbase??
Hear this cringey apology from the Coinbase Chief Legal Officer...
Todayās No FOMO newsletter is brought to you byā¦
GM. Never a dull day in crypto, they say. This week, another memecoin surged 5,000+%, Coinbase had a PR nightmare, and Google released a potentially industry-killing AI tool. Letās dive in.
But firstā¦ hereās a picture of Elon Musk merged with Milady:
Todayās Specials:
NFT Power News š° : Coinbase Says it 'Screwed Up' over Pepe š¤”
NFT Power Rankings š„ :
Weekend Alpha ā What to Watch š : Milady memecoin surges 5,250% (FML we didnāt buy) š
Today in Crypto History š : May 12, 2017 - Bitcoin dips after ATH of $1,800 š
AI Intel š¤ : Googleās new A.I. search could severely hurt traffic
Conference Corner š¢ :What to expect at Miami Bitcoin 2023 š“
NFT Power News š°
Defense Dept. Explores Crypto Use Cases With Blockchain Startup Constellation (Blockworks)
Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes (CoinDesk)
Congress Needs To Clarify Who Regulates Crypto In The U.S., Says SEC Commissioner (Investopedia)
How the IRS seized $10B worth of crypto using blockchain analytics (Cointelegraph)
IRS Trains Ukraine Law Enforcement to Track and Trace Russia's Cryptocurrency Moves (Decrypt)
BlockFi gets court permission to return $297 million to Wallet customers (Reuters)
Your Crypto Mining Chips Are No Good for AIāHereās Why (Decrypt)
Federal Reserve's FedNow will integrate with Metal Blockchain (Cointelegraph)
Delete Coinbase??
Coinbase totally pissed off the crypto world by relating the $PEPE coin movement to an alt-right hate group. Pepe lovers (and most of the internet) feel like itās a total mischaracterization and overstatement.
How can you group a vibing-internet-movement with a fringe group of hater losers, ser? Itās FUD. Plain and simple.
Well, they must have felt the heat, because Chief Legal Officer Paul Grewal came out on Twitter quickly Thursday to apologize after#DELETECOINBASE dominated our feed for 24 hours.
Hereās what Coinbase had to say:
We screwed up and we are sorry.
Yesterday we shared an overview of the $pepe meme coin to provide a fact-based picture of a trending topic. This did not provide the whole picture of the history of the meme and we apologize to the community.
ā paulgrewal.eth (@iampaulgrewal)
3:51 PM ā¢ May 11, 2023
Weekend Alpha ā What to Watch š
Being the dedicated responsible investors and researchers we definitely are and definitely wonāt be going out this weekend and doing things we totally regret Monday morning, hereās what weāre looking at Saturday and Sunday:
Will the hate for Coinbase make it through the weekend?
Googleās new AI search may eliminate hundreds of media companies
Milady just an Elon fad or something bigger? Probably nothing. Like actually nothing.
For the first day in months, NFT sellers had positive returns yesterday.
This was entirely due to gains on Milady sales.
We discuss this chart and lots more on today's show:
youtube.com/watch?v=rbrBi5ā¦
ā NFTstatistics.eth (@punk9059)
11:05 PM ā¢ May 11, 2023
Today in Crypto History š
May 12, 2017
Bitcoin slides after hitting all time high of $1,800
Only 6 short years ago. BTC vibes were high, and some paying attention were already wondering if it was too late to get in. Today, May 12th 2023, BTC is hovering around $27k. And weāre in a bear market?? We hope some of our readers got in back then. What could have been..
$$ Did you know about Bitcoin in 2017? |
AI Intel š¤
Googleās new A.I. search could hurt traffic to websites, publishers worry (CNBC)
How Europe is leading the world in building guardrails around AI (AP News)
Elon Musk Says Neuralink Is The Only Way To Survive And Compete With AI (Benzinga)
AI in Education: Studentsā Views on Chatbots and Cheating (Neuroscience News)
Democracy isn't ready for its AI test (Axios)
AI may be on its way to your doctorās office, but itās not ready to see patients (LA Times)
Meta unveils A.I. ātesting playgroundā to help advertisers build campaigns (CNBC)
Weāve Heard the Future of Music. So Far, It Sounds Terrible (k, Rolling Stone, lol)
Conference Corner š¢ ā Miami BTC 2023 š“
Mining for Memes āļø
Donāt piss of the $pepe people
Shameless Shill + Alpha
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