🗿 NYTimes Bans AI Content 📵

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GM. Onchain summer is in full swing as Base continues its mission to onboard one million builders and one billion users. Can we carry this momentum into the Fall?

This week, we got one-click crypto buys with Apple Pay, NYT AI content bans, CoinDesk layoffs, and more power rankings.

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

Today’s Specials:

NFT Power Rankings 🔥 : Under 2ETH Special 🖼️

No FOMO 🗿 : Onchain Summer Is Here 😎

No FOMO News 📰 : CoinDesk lays off 45% of editorial staff 😅 

AI Intel 🤖 : NYTimes Bans Its Content From AI Models ❌

Free Alpha 💰 : Allowlist Spots for a $1.5M NFT Artist 🎨

This is Financial Advice 🤑 : Hank the Tank Locked Up 🔐

🔥 NFT Power Rankings - Under 2ETH Edition 🔥

No FOMO News 📰

• CoinDesk lays off 45% of editorial staff as it eyes deal to sell company (The Block)

• MetaMask, Banxa Roll Out '1-Click' Crypto Buys With Apple Pay (Decrypt)

• Coinbase Rolls Out Crypto Services in Canada (Decrypt)

• Jacobi Asset Management Launch Europe's First Bitcoin ETF (Decrypt)

• CoinDesk lays off 45% of editorial staff as it eyes deal to sell company (TheBlock)

• 13% of applications approved: British regulator discloses crypto registration stats (Cointelegraph)

• Donald Trump, Long Skeptical of Crypto, Holds Up to $500,000 In Ethereum (Decrypt)

• Bankman-Fried slapped with new charges of using stolen funds for politics (Al-Jazeera)

• FDIC Highlights 'Novel and Complex' Crypto Risks in Annual Review (Decrypt)

• FC Barcelona secures $132M investment for blockchain and NFT venture (Cointelegraph)

• Coinbase launches independent pro-crypto policy group (CNN)

• Crypto Custodian Prime Trust Files for Bankruptcy (Decrypt)

• Celsius to Poll Customers on Launching New User-Owned Company (Decrypt)

• PayPal to roll out Cryptocurrencies Hub for select users (Cointelegraph)

• FarmVille Creator Zynga Reveals First Ethereum NFT Game: Sugartown (Decrypt)

On Chain Summer Is Here ☀️

Base is now open for bridging, and they are launching a month-long onchain festival to celebrate.

Every day in August, different builders, brands, products, artists, and creators will give you something fun to do onchain.

How it works:

• Onchain Summer – August 9 - 18: Make art, a website, or whatever you’re inspired to for Onchain Summer on Base.

• Build on Base – August 12 - 23: Deploy a protocol, build infrastructure, or a new application on Base.

• Stand with Crypto – August 14 - 24: Make a one minute video sharing a story about an onchain use case, or advocating for sensible legislation.

• Based Accounts – August 16 - September 13: Build something that unlocks new or improved user experiences on Base using account abstraction.

Base is currently on day seven, stayed tuned to Base on Twitter and follow the steps to get your daily mints.

Base will be working with big brands like Coca-Cola and Atari throughout the month. Our friends at Crossmint are integrated natively into the Base app to simplify the onboarding experience, allowing users to purchase NFTs with fiat.

Our take: Amid a ton of FUD, the Onchain Summer Drop couldn’t have come at a better time. Kudos to the Base marketing team for creating a campaign thats both useful and engaging for brands and consumers.

Hopefully this carries some much needed market momentum into the Fall 🍁

Free Alpha 💰 : The Boys of Summer Allowlist

You may have heard — the one and only Mitchell F. Chan is launching his next collection, Boys of Summer, with Wildxyz on August 16th.

A little bit about the artist:

• Legendary crypto & conceptual artist

• Created Digital Zones — first exhibited in '17, sold for $1.5M in 2021 🤯 

• Launched Lewitt Generator Generator on Artblocks (current floor price 0.3 ETH)

A bit more about the drop:

Supply: 999

Price: 0.12 ETH

Mint Date: Aug 16

Description: Boys of Summer is a provocative art game and PFP collection that serves as a social commentary on how our lives have been inextricably quantified.

Using baseball characters & overwhelming statistics as the creative medium, the collection prompts us to examine our own value system and inherent biases that shape our potential.

Our readers have an exclusive chance to get on the Allowlist to mint this exciting & innovative artwork. Space is limited and offered on a first come, first served basis.

Be sure to sign up by August 15, 9pm ET to get your spot.

AI Intel 🤖

• The New York Times prohibits using its content to train AI models (TheVerge)

• What happens when thousands of hackers try to break AI chatbots (NPR)

• Amazon taps generative AI to enhance product reviews (TechCrunch)

• Rishi Sunak promised big on his AI summit. He’s running out of time to deliver (Politico)

• AI startup Anthropic raises $100M from Korean telco giant SK Telecom (TechCrunch)

• Dubai unveils specialized commercial licenses to attract AI & Web3 enterprises (Kalkine)

This IS Financial Advice 🤑

A black bear known by the street name “Hank the Tank” has been caught after more than a year on the run. The Lake Tahoe native comes in at a whopping 500lbs and might be the most prolific thief of our generation.

DNA analysis has confirmed that Hank is responsible for TWENTY-ONE home break ins in the Tahoe area over the past year.

Truly aspirational numbers for all you bear cubs out there. Danny Ocean would be proud.

Shameless Shill + Alpha

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