a passing turbulence 🛫

INSIGHTS
Runes’ regular checkup

It has been two weeks since Runes enabled token minting functionality on the Bitcoin network. Thus far, aggregating data from various sources, Runes' milestones include:

1. 50,000+ Runes etched so far

   BREAKING: The 50,000th Rune was just etched 7 mins ago 🎉

   Newest Runes → ord.io/runes?timeRang…

   — Ord.io (@ord_io)
   5:00 PM • Apr 29, 2024

2. Runes accounted for 72.7% of all Bitcoin transactions in a single day one week ago.

   

   source

3. Yet, the # of transactions made by Runes each day is decreasing.

   

   source

4. However, Runes has collected over $126 million in fees to date.

   

   source

   Despite the mostly negative sentiment around the whole crypto environment, Rune's long-term outlook is optimistic as it promises to bring more activity to the Bitcoin network.

   Will be checking up on Runes again soon.

The evolution of intelligence

WEB3
Bullish news despite bearish vibes

• Immutable launches $50M gaming rewards program

  Players in Web3 can earn rewards by exploring quests, playing games, and owning collectibles in the large Immutable ecosystem, which features over 270 games such as Illuvium and MetalCore. These rewards are instantly accessible to both new and existing players who have signed up with the Immutable Passport.

• Coinbase integrates Bitcoin’s Lightning Network

  Through a partnership with Lightspark, users can now enjoy instant, low-cost bitcoin transfers powered by the Lightning Network. They retain the flexibility to choose between this newer option and processing transactions on the traditional Bitcoin network.

• Tether allocates $200 million to Blackrock Neurotech as part of its Tether Evo strategy pillar

  Tether's investment in Blackrock Neurotech, a major competitor to Musk's Neuralink, marks a step toward backing life-improving technologies. With Blackrock's brain interface tech, patients can control robotic arms, wheelchairs, send messages, browse the web, and even drive cars using their thoughts.

• Nansen's report shows that stablecoins traded more than Visa

  Tether, USDC, and DAI had higher trading volumes than Visa, reaching $1.369 trillion over 30 days, compared to Visa's monthly average of $1.23 trillion in 2023.

• The 'Buy Bitcoin' notepad sold for $1 million

  Christian Langalis, also known as the ‘Bitcoin Sign Guy,’ attended a hearing as an intern while Janet Yellen was speaking about the Fed’s semiannual monetary policy report to Congress. During the televised hearing, he displayed a notepad with the words 'Buy Bitcoin’. Seven years later, he sold the yellow legal notepad on Scarce City, an auction site, for 16 BTC, which was approximately equivalent to $1 million, to the highest bidder named Squirrekkywrath.

• Crypto.com partners with Eminem for their new advertising campaign

  Eminem is the latest celebrity to endorse the cryptocurrency exchange, featuring in a boxing training montage mixed with crypto terms like proof-of-work, alongside its slogan "fortune favors the brave".

AI
New rivals are reinventing

• GitHub unveils 'Copilot Workspace', a native dev environment synced with Copilot for everyday tasks

  In its current technical preview stage, the workspace enables developers to handle tasks seamlessly from start to finish using natural language. Equipped with Copilot-powered agents throughout the development process, it seamlessly integrates with GitHub repositories and generates a roadmap for developers to achieve their objectives.

• AWS reinvents work with its AI assistant

  Introducing 'Q', the AI assistant designed to simplify tasks such as accessing data, writing code, generating resources, and managing them securely. Integrated with more than 40 data sources including Salesforce and Microsoft 365, 'Q' is accessible to both businesses and developers.

• Vidu is now a major competitor for OpenAI's Sora

  The Chinese Vidu text-to-video model, created by ShengShu-AI and Tsinghua University, is making waves in the AI community. It produces remarkable results, generating 16 seconds of high-resolution (1080p) video from just one text prompt.

• Microsoft and Estee Lauder reshape beauty with generative AI

  The partnership will create an AI innovation lab where both brands will develop solutions to improve consumer experiences. This includes quicker responses to social trends and consumer demands using AI chatbots, as well as faster product innovation with AI tools in the research and development stages.

• ChatGPT's 'Memory' feature now available to Plus users

  Announced in February, paid users can now utilize a feature that allows ChatGPT to remember their preferences based on the information they provide. However, this feature is currently unavailable for users in Europe and Korea, as well as for Team Enterprise and GPT Store users.

FROM THE REPOSITORY
5 tools to add to your maker’s arsenal

• Booom lets you create AI-generated trivia games

• xAudits services for rust and solidity smart contracts

• Phind is an intelligent answer engine for developers

• Quinetics for creating AI-trading bots

• UseGalileo to generate interface designs super fast

*Shipping amazing products or services in AI or web3? Reach out and get featured for free to your community of over 1k readers.

SCOOPS OF THE WEEK

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