🗿 ETH Breaks $3K

GM. ETH is popping. Trump launched a sneaker line. SBF says hi from jail. SF is back?? Oh, and Japan opened its door for crypto investment.

Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.

Today’s Specials:

• No FOMO News 📰 : ETH Hits $3K

• No FOMO 🗿: Japan Eases On Crypto

• AI Intel 🤖 : Deepfakes are Ruining India

• Testnet Tuesday 🧪: More Sora Previews

No FOMO News 📰

• Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement (CoinDesk)

• Japan Moves to Allow Investment Funds to Hold Crypto (Bloomberg)

• Hack VC Raises $150 Million for Bets on Battered Crypto Industry (Bloomberg)

• Sam Altman’s Worldcoin Soars After Launch Of OpenAI’s ‘Sora’ Video Tool (Forbes)

• Polygon-based lending platform to provide crypto liquidity for luxury items (Cointelegraph)

• Tech Leaders Fled San Francisco During the Pandemic. Now, They’re Coming Back (WSJ)

• 2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving (CoinDesk)

• FTX Investors Sue Sullivan & Cromwell, Say Firm Aided Fraud (Bloomberg)

• Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services (CoinDesk)

• Coinbase Is an Unstoppable Crypto Giant (Yahoo!)

Japan Adopts Crypto-Friendly Legislation

Japan just made a bold move. Its latest economic reform bill will transform the tech investment world, allowing businesses to freely invest in digital assets.

• Limited partnerships can now hold crypto assets as investments, marking a biggg ole shift in Japan's regulatory stance.

• The bill aims to boost new business creation and domestic investment through tax incentives and financial support.

• This is a major softening of Japan's previously strict crypto regulations, opening new avenues for institutional investment.

• By including crypto in legal frameworks, Japan will likely position itself as a leader in the global digital economy.

TLDR: Japan's latest economic reform bill will allow investment partnerships to engage with digital assets, signaling a new era of tech innovation and strategic investment in Pacific Asia.

AI Intel 🤖

• OpenAI Reveals ‘Sora’: AI Video Model Capable Of Realistic Text-To-Video Prompts (Forbes)

• 8 wild Sora AI videos generated by the new OpenAI tool you need to see (Mashable)

• The shine comes off the Vision Pro (TheVerge)

• Nvidia holdings disclosure pumps up shares of small AI companies (CNBC)

• Fetch.ai and Deutsche Telekom partner to converge AI and blockchain (AINews)

Testnet Tuesday 🧪

We don’t have OpenAI’s Sora yet, so let’s take a closer look.

The best Sora previews so far:

Mining for Memes ⛏️

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