🗿 Telegram Launches Stories

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GM. Shoutout to our Rolling Loud VIP winners in Miami last weekend. Hope y’all had fun now that Sam Altman has officially launched his dystopian eyescanner.

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

Today’s Specials:

No FOMO News 📰 : Sam Altman Launches Worldcoin 🌐

No FOMO 🗿 : Twitter is Now X 😵

AI Intel 🤖 : OpenAI Shuts Down Detection Tool 🕵️

Testnet Tuesday 🧪 : TG Testing Stories 📖

This IS Financial Advice 🤑 : Rivers of Ice in Italy 🧊

No FOMO News 📰

• OpenAI's Sam Altman launches Worldcoin crypto project (Reuters)

• Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America (CoinDesk)

• Peer-to-Peer Crypto Exchanges Lose Ground in Shrunken Market (Bloomberg)

• FedNow wants to do what crypto has sought to solve: real-time payments (Axios)

• Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges (WSJ)

• Ripple lawsuit reignited crypto interest in D.C., says Coinbase CEO (Axios)

• Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2 (BTC News)

Twitter is Now “X” 😵

In an attempt to become a Chinese superapp and compete with Meta, Twitter is now ‘X’.

Elon Musk bought x.com way back when in the 90s and changed Twitter to X Corp back in April. So don’t get me wrong – this was in the works for some time.

But the timing feels a little strange – just a few weeks after the launch of Meta’s Threads? Feels a bit rushed and desperate imo. Why now?

According to Twitter’s new CEO Linda Yaccarino, "X is the future state of unlimited interactivity — centered in audio, video, messaging, payments/banking — creating a global marketplace for ideas, goods, services, and opportunities," she wrote. "Powered by AI, X will connect us all in ways we’re just beginning to imagine."

Sounds like a Chinese pipe dream to me 😮‍💨

AI Intel 🤖

“Things We Really Don’t Like”

• AI poses extinction-level threat to humans, study suggests (CBS News)

  • Don’t like that

• Robo-Religion: AI Preachers Questioned for Credibility & Impact on Donations (Neuroscience News)

  • That can’t be good

• AI appears more human on social media than actual humans: study (Fox News)

  • Um what?

• India now has AI news anchors. I tuned in and within the first 5 minutes, it's clear that news presenters are in serious trouble. (Yahoo! Finance)

  • I don’t like anything about this entire headline

• AI bots could replace us, peer warns House of Lords during debate (The Guardian)

  • I don’t even think this dude could describe what an AI bot is tbh

Ok, a couple “normal” news headlines now.

• OpenAI Quietly Shuts Down Its AI Detection Tool (Decrypt)

• Is an AI-Media Legal Fight Brewing? (Vanity Fair)

• Big Tech's AI costs draw attention (Axios)

Testnet Tuesday 🧪

Web3’s favorite messaging app introduces ‘Stories’

Telegram’s Stories feature is now live – for premium users only (sigh). Telegram touts the new feature as “highly anticipated” but did we really need another app with stories?

Here are some of the features they are testing:

Customizable Privacy Settings

Users can decide who sees their stories, choosing from four different options: everyone, only your contacts with exceptions, a few selected contacts, or a list of close friends. This part we actually like. Take notes Zuckerberg.

Flexibility and Hidden List

You have the option to hide stories posted by any contact by moving them to the "Hidden" list in your Contacts section. No need to watch a bunch of stories from some loser you met once at a networking event. We like this too.

“BeReal” Cam

Telegram lets you post photos and videos taken with both front and rear cameras simultaneously. Cool? Sure. Game-changing? Probably not.

Choose Your Story's Lifespan

Telegram offers various options for your story's lifespan. You can choose to have your story expire in 6, 12, 24, or 48 hours. Alternatively, you have the option to keep the story pinned permanently until you decide to remove it. Okay we like this too.

As of now, the Stories feature is exclusively available to Premium users, and there’s no word on when us proletariats will get to see it. Honestly the features they are testing do sound cool, but another app with stories just seems like overkill.

Help us with this week’s NFT rankings..

This IS Financial Advice 🤑

A crazy hail storm leads to rivers of ice flowing through a town in Italy… in July. Probably a good sign

Shameless Shill + Alpha

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