Holy Cow Post

HOLY COW POST

“ARK Invest's Coinbase Move, WWE's Blockchain Debut, Dwight Howard's NFT Caution, Uniswap's Scam Warning, Microsoft's German AI Investment, Tennessee's Musician Protection Act, and ChatGPT's Memory Update”

ARK Invest Parts with Coinbase Holdings

Cathie Wood's ARK Invest has sold $34.3 million worth of Coinbase shares, marking its first sale in a month. This decision came ahead of Coinbase's fourth-quarter earnings report. The sale involved shares from three ARK funds, following a 19% increase in Coinbase's stock price. The sale reflects ARK's strategic adjustments in response to market conditions and upcoming financial disclosures.

WWE's Digital Leap with Panini Blockchain

Panini has launched a collection of 100 digital WWE Superstars cards on its blockchain, featuring iconic wrestlers like John Cena and "Stone Cold" Steve Austin. This venture into digital collectibles aims to engage WWE fans in the blockchain space, offering a new way to collect and interact with their favorite superstars. The initiative also includes collection challenges and digital crafting events for collectors.

Dwight Howard's NFT Venture: A Cautionary TaleDwight Howard's venture into NFTs with the Avalanche blockchain was considered a "complete disaster" by Tom Fleetham of Zilliqa, highlighting the challenges athletes face entering Web3 without proper understanding. The project attracted minimal interest and faced criticism, emphasizing the need for careful planning and execution in NFT projects to avoid damaging an athlete's reputation.

"Uniswap Alerts on ENS Wallet Impersonation Scam"

Uniswap's founder, Hayden Adams, has alerted the community to a scam involving the impersonation of wallet addresses ENS. Scammers replicate and register legitimate wallet addresses as .eth domains, misleading senders into transferring crypto to incorrect addresses. This scam exploits the autocomplete feature in some interfaces, which can prioritize these fraudulent .eth addresses. The issue raises significant security concerns within the digital asset-sending process.

Microsoft's Multi-Billion Euro AI Investment in Germany

Microsoft plans to invest 3 billion euros in Germany over the next two years to enhance AI development infrastructure. This significant investment aims to build new data centers and provide AI skills training, marking Microsoft's largest investment in the country in 40 years. This move reflects Europe's growing appeal to tech giants for AI and cloud development investments, with France also announcing Google's plans for a new AI hub.

Tennessee's ELVIS Act to Shield Musicians from AI

The Tennessee House Banking and Consumer Affairs Subcommittee has passed the ELVIS Act, aimed at protecting musicians from AI infringement. This legislation, introduced to safeguard artists' voice, image, and likeness against unauthorized AI use, emphasizes the music industry's importance to Tennessee's economy and culture. The act underscores the state's commitment to defending human creativity and the rights of all Tennesseans in the digital age. What do you think about this?

ChatGPT Gains Memory Function

OpenAI has introduced a "memory" feature to ChatGPT, enabling it to remember past interactions. This update, aimed at a subset of users, enhances personalized responses by recalling user preferences and details. Users can manage this feature in settings, including directing ChatGPT on what to remember or forget, with an option to disable memory entirely. I would be careful what I do now.