French cosmetics and skincare company NARS Cosmetics has announced that it’s getting ready to release another NFT collection in celebration of National Orgasm Day on July 31.
Inspired by the colors and textures of the company’s “Orgasm” makeup shade, the new NFT collection will be available for auction as single-edition Ethereum digital artworks through the SuperRare platform, with SuperRare taking initial bids on th...
The State of Kuwait has taken a firm, definitive stance in the global debate surrounding the legitimacy and regulation of digital assets such as cryptocurrency. The nation’s primary financial regulator, the Capital Markets Authority (CMA), has announced a comprehensive ban on most crypto operations within its borders.
The announcement, made on July 18, indicates that Kuwait is joining a growing list of countries that...
Mirela Spasova, a Reddit senior engineer on the Collectible Avatars project, took to the master stage at the Ethereum Community Conference (EthCC) event in Paris to shed light on Reddit’s strategy for onboarding millions of users to its blockchain-backed digital collectibles.In her presentation, Spasova said that the primary motivation behind running Collectible Avatars on-chain is to empower users with freedom of use. By adopting an on-cha...
Apple’s reportedly working on its own generative pre-trained transformer (GPT) artificial intelligence (AI) model. However, there’s no indication that the company has any plans to launch it to the public.Per a July 19 report from Bloomberg, Apple’s internal GPT system is called “Ajax.” It’s purportedly similar to OpenAI’s ChatGPT and Google’s Bard. Apple has a longstanding reputation for developing its products inside of a walled garden. Wh...
The Jackson Pollock Studio is stepping into the digital landscape, acting as guardians of the late artist’s legacy. Teaming up with Iconic Moments, the studio is set to unveil Beyond the Edge, a debut collection of limited-edition prints and NFTs that capture the essence of the unparalleled artist. All of the pieces will feature the splattered paint that landed just beyond the edges of Pollock’s masterpieces.
Pollock...
In a recent policy announcement, Robert F. Kennedy Jr. (RFK Jr.), a U.S. presidential candidate, outlined a bold vision for the role of Bitcoin and other tangible assets in strengthening the U.S. dollar. The proposal, which includes exempting Bitcoin profits from capital gains tax, has garnered significant attention from the crypto community and financial analysts.
Addressing attendees at the Heal-the-Divide PAC even...
This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms. Eight animations from the technicolor exhibition are available to mint as NFTs on Ethereum, displayed on screens alongside a few physical prints. The multilayered process Pritts used for all three series on view uni...
Nearly 93 years after its creation, Louis Vuitton’s iconic Speedy bag has been reimagined as the luxury fashion house announced the Speedy 40 VIA on July 17. The bag, which was designed in collaboration with Pharrell, is currently claimable as a digital collectible, with the physical version set to be released in January 2024. As part of LV’s first VIA journey, the Speedy 40 VIA is only available to Treasure Trunk NFT h...
In a recent address to the National Press Club in Washington, Gary Gensler, Chair of the U.S. Security and Exchange Commission (SEC), expressed concern over the potential economic instability that could arise from the monopolization of artificial intelligence development by major tech corporations, particularly for applications in financial markets.
Gensler emphasized the potential for AI to amplify financial instabi...
Stick em’ up! Bank robbery drills in the metaverseThe Bank of America (BoA) is mixing a virtual reality (VR) metaverse and artificial intelligence (AI) to train new employees on everything from handling angry customers to bank robberies.On July 13, Bloomberg reported that the bank’s 2,000 new hires undergo a week-long training regime that includes slipping on a VR headset to practice responding to a variety of simulated situations.The VR mo...
